Frequently Asked Questions
About Tras
Tras CarCulator
Hire Purchase
Why Tras?
We offer comprehensive auto loan solutions for every need. Whether it’s your first car purchase, an upgrade to a family vehicle, or adding a luxury car to your collection, our flexible financing options are designed to suit your lifestyle.
What is the benefit to apply loan via Tras?
Applying for a car loan through our website is quick, easy, and secure. Not only we offer competitive loan interest rate, we also have many Value Added Service for you!
What is CarCulator?
A service that can help you check on your financial health such as review your loan terms, estimated monthly payments, interest rate and overall affordability to ensure it fits within your budget and financial goals to purchase a car.
Why I need to do CarCulator?
Before applying for a car loan, a financial health check ensure you can comfortably afford the monthly payments, including other associated costs.
My CarCulator results say I should get a guarantor. What / Who is a Guarantor?
Guarantor is a close family that agreed to pay for your car loan if you were incapable to pay back the loan on any basis. A guarantor might be needed in the case of not having a stable income and a clean credit record or the current loan is higher than income percentage allowed by the applied bank.
What document do I need to provide for car loan submission?
You will require to attach below documents :
- 3 Months Latest Payslips
- 3 Months Latest Bank Statement
- Front and Back IC
- Valid Driving License
- VSO Document
What is the interest rate offered for the loan?
Interest rate range varies depending on the bank rates as regulated by Bank Negara.
How do I keep track of my loan application status?
You may log in into Tras platform as Customer to see your car financing status.
I am non-Malaysian. After booking a car, can I submit my car financing with Tras?
Yes, the platform can be used for Malaysian or non-Malaysian, but hire purchase agreement will be with local and panel Malaysian bank.
Is it possible to get a loan on used cars?
No, currently we only offer for new personal car.
If I want to cancel my loan application, what are the procedures?
Please contact your Sales Advisor for more.
Can I apply for company car loan?
No, currently we only offer for personal car.
