The BYD loan calculator in Malaysia is a financial tool designed to help potential car buyers estimate their monthly installment payments for various BYD models such as Seal, M6, Sealion 7, Atto 3 and Dolphine. This calculator uses specific parameters such as a 30% down payment, a 3% loan interest rate, and a loan period of 7 years to determine the monthly payment. For instance, if you are considering purchasing a BYD ATTO 3, the car loan calculator will estimate monthly payment of RM 1,510.
BYD Hire Purchase Calculator
How Does the BYD Loan Calculator Work?
The BYD loan calculator functions by taking into account several financial variables to provide a clear picture of what a borrower might expect to pay monthly. When using this calculator, you input the total car price, the down payment percentage, the loan period, and the interest rate. The BYD loan calculator will then compute an estimated monthly payment.
What Are the Monthly Payment Options for BYD Cars?
In Malaysia, BYD offers flexible financing options for their electric vehicles, accommodating various budgets and preferences. Potential buyers can choose from traditional hire purchase loans, which typically involve a down payment ranging from 10% to 30% of the vehicle’s price, with loan tenures extending up to nine years. For instance, the BYD Atto 3, priced between RM149,800 and RM167,800, may have monthly installments starting from approximately RM1,556 over a 7-year period with a 10% down payment. Subscription services like FLUX provide an alternative to ownership, offering the BYD Atto 3 at a monthly fee of RM3,300 without the need for a down payment, covering costs such as insurance, road tax, and maintenance.
How to Calculate BYD Seal Monthly Installment?
To estimate the monthly installment for a BYD Seal in Malaysia, consider the vehicle’s price, down payment, loan tenure, and interest rate. For example, the Seal Dynamic variant is priced at RM163,800. With a 10% down payment (RM16,380), the loan amount would be RM147,420. Assuming a 3% annual interest rate over a 7-year (84 months) tenure, the estimated monthly installment would be approximately RM1,701. These figures are indicative and may vary based on the lender’s terms and prevailing interest rates. For precise calculations, please consult directly with financial institutions.
How to Calculate BYD M6 Monthly Installment?
To estimate the monthly installment for a BYD M6 in Malaysia, consider the vehicle’s price, down payment, loan tenure, and interest rate. The BYD M6 is available in two variants: the Standard model priced at RM109,800 and the Extended model at RM123,800. Assuming a 10% down payment, a 3% annual interest rate, and a 7-year loan term, the estimated monthly installments would be approximately RM1,356 for the Standard variant and RM1,528 for the Extended variant. These figures are indicative and may vary based on the lender’s terms and prevailing interest rates. For precise calculations, it’s advisable to consult directly with financial institutions.
How to Calculate BYD Sealion 7 Monthly Installment?
To estimate the monthly installment for a BYD Sealion 7 in Malaysia, consider the vehicle’s price, down payment, loan tenure, and interest rate. The Sealion 7 is available in two variants: the Premium (RWD) priced at RM183,800 and the Performance (AWD) at RM199,800. Assuming a 10% down payment, a 3% annual interest rate, and a 7-year loan term, the estimated monthly installments would be approximately RM2,357 for the Premium variant and RM2,563 for the Performance variant. These figures are indicative and may vary based on the lender’s terms and interest rates. For precise calculations, you need to consult directly with financial institutions.
How to Calculate BYD Atto 3 Monthly Installment?
To estimate the monthly installment for a BYD Atto 3 in Malaysia, consider the vehicle’s price, down payment, loan tenure, and interest rate. As of March 2025, the Atto 3 Extended Range model is priced at RM149,800. Assuming a 10% down payment (RM14,980), the loan amount would be RM134,820. With an annual interest rate of 3% over a 7-year (84 months) loan period, the estimated monthly installment is approximately RM1,764. Please note that these figures are indicative and may vary based on the lender’s terms and interest rates. For precise calculations, consult directly with financial institutions.
How to Calculate BYD Dolphin Monthly Installment?
To estimate the monthly installment for a BYD Dolphin in Malaysia, consider the vehicle’s price, down payment, loan tenure, and interest rate. As of March 2025, the BYD Dolphin is available in two variants: the Dynamic Standard Range priced at RM100,530 and the Premium Extended Range at RM125,530. Assuming a 10% down payment, a 3% annual interest rate, and a 7-year loan term, the estimated monthly installments would be approximately RM1,243 for the Dynamic Standard Range and RM1,551 for the Premium Extended Range. These figures are indicative and may vary based on the lender’s terms and prevailing interest rates. For precise calculations, consult directly with financial institutions.
How Do Interest Rates Affect BYD Car Loans?
Interest rates determines the overall cost of a car loan. Different financial institutions offer varying interest rates for car loans in Malaysia. For example, CIMB Bank provides an interest rate of 2.85% per annum, Affin Bank offers 2.92% per annum, and AmBank’s rate is 3.05% per annum. The chosen interest rate will directly influence the monthly installment amount.
How Much is the Required Down Payment for BYD Cars?
The down payment requirements for BYD cars range between 30% to 40% of the vehicle’s total price. For instance, if you are purchasing a BYD ATTO 3 priced at RM 149,800, a 30% down payment would amount to roughly RM 44,940. This initial payment will impacts the loan amount and, consequently, the monthly installment.
How Is the Road Tax Calculated for BYD Cars?
In Malaysia, the road tax for electric vehicles (BEVs) like BYD is calculated based on their power output. The new road tax structure, effective from January 2026, offers an 85% reduction compared to traditional combustion-engine models. For example, the BYD Dolphin Standard Range with a 70 kW motor will incur a road tax of RM 40, whereas the Extended Range variant will be RM 160. This makes BEVs more cost-effective in terms of annual road tax obligations.
How Much is the Insurance Costs for BYD Cars?
The cost of insuring BYD electric vehicles (EVs) in Malaysia varies based on the specific model and its value. For instance, the BYD Dolphin’s annual insurance premiums range from RM2,845 to RM3,495, while the BYD Atto 3 Standard Range is approximately RM4,142. The BYD Seal Premium model has an estimated annual insurance cost of RM4,938.98. EV insurance premiums can be higher than those for internal combustion engine vehicles due to factors such as specialized repair requirements and the high cost of components like batteries. For precise insurance quotes to your specific model and personal profile, please consult directly with insurance providers.
Why Choose a BYD Car in Malaysia?
BYD cars have become increasingly popular in Malaysia due to their affordability and advanced technology in the electric vehicle segment. Models like the BYD Dolphin and BYD ATTO 3 offer competitive pricing and features such as the Blade Battery technology, known for its safety and efficiency.