Ohhhhh thank you, thank you. No i wouldn't do that, i asked because of some of Malaysian car youtuber mentioned about 'sambung bayar'To what I know, is that you continue paying the car installments but car still registered to previous owner. Why would you want to do that....
Basically, you serve other's people car loan. End of the day the car is not yours.Hi, I'm sorry to ask what is this meant in car payment or loaning thing. I'm new to all the document things in car since I'm just a teenager, but i wanted to know what is meant by sambung bayar...and i know it holds a lot of risk to do this and is bad..
haha, but in the end, the car belongs to the registered owner........lolBasically, you serve other's people car loan. End of the day the car is not yours.
The only positive for you will be saman not under your name. LoL...
One more thing...the bad payment record is not yours should u defaulted on payment.Basically, you serve other's people car loan. End of the day the car is not yours.
The only positive for you will be saman not under your name. LoL...
Just like others explained, u are taking over payment of others. Vehicle is not yours.Hi, I'm sorry to ask what is this meant in car payment or loaning thing. I'm new to all the document things in car since I'm just a teenager, but i wanted to know what is meant by sambung bayar...and i know it holds a lot of risk to do this and is bad..
One more thing apart from what everyone here has mentioned : Some sambung bayar sellers will promise a letter between buyer and seller stating that upon completion of loan term the car will be transferred to you etc. Even with a legal lawyer stamp - this document will not hold up in court if the seller decides to screw you over. Ultimately you'll lose out if the seller is a bastard, however the same is true if you wanna screw the seller over with a dozen speeding tickets and all that.Ohhhhh thank you, thank you. No i wouldn't do that, i asked because of some of Malaysian car youtuber mentioned about 'sambung bayar'
yeah but I go rob a bank in your car, I speed 200kmh in every AES in m'sia and I abandon the car in KL - it'll be you who'll get arrested........You pay for my car, you get to use my car. End of the day, it is still my car UNLESS I honour the deal and transfer the name to you.
In summary, you put your balls in my hands and hope I don't crush them.
But u can easily said your car is stolen?yeah but I go rob a bank in your car, I speed 200kmh in every AES in m'sia and I abandon the car in KL - it'll be you who'll get arrested........
@Izso thisBut u can easily said your car is stolen?