More loan options now for Chevrolet buyers
NAZA Quest Sdn Bhd, the authorised distributor of Chevrolet cars in Malaysia signed a Memorandum of Understanding (MoU) with Malaysia Building Society Berhad (MBSB) on auto financing strategic partnership at 1-Utama Shopping Centre, Petaling Jaya today.
The strategic alliance is intended to make auto financing more affordable for Chevrolet customers through a “Step Up Payment Scheme” in which the payments for the first three years of the loan are lower, increasing gradually in the fourth and following years of the financing tenure.
MBSB is one of the largest and best established financial providers in Malaysia. However, this is the financial institutions first foray into automotive loans. The move is intended to give borrowers more options when looking for a car loan. Although this scheme is only available for customers purchasing any of the Chevrolet models, MBSB will finance loans for any make of car. Five Chevrolet models are currently being sold in Malaysia – Captiva, Cruze, Colorado, Orlando and Sonic.
At the ceremony, En. Norzahid Mohd Zahudi, Chief Operating Officer, NAZA Quest Sdn Bhd said “The strategic alliance that is happening between us and MBSB is the new beginnings to a much more interesting series of benefits that we are going to offer to our Chevrolet customers. We choose MBSB because they are one of the largest and most well established financial providers in Malaysia with an extensive branch network nationwide. Our tie-up with MBSB will open a niche network to the public sector, which is currently being served by MBSB besides extending the Brand’s presence to the personnel in other government entities.”
NAZA Quest Sdn Bhd has an extensive dealer network of 26 branches and dealers across Malaysia and is expanding the number of 3S centres to serve its customers nationwide better.
Signing the documents were En. Norzahid Mohd Zahudi, Chief Operating Officer of NAZA Quest Sdn Bhd and En. Azman Aziz, Senior Vice-President, Retail Business of MBSB. This auspicious occasion were witnessed by representatives from NAZA Group, YBhg. Datuk Maruan Mohd Said, Senior Vice President, 4 Wheels Division and Mr David Cheang Chin Lim, Chief Financial Officer from NAZA World whilst MBSB representatives were Mr Clifford Anthony Clement, Chief Operating Officer and Mr Tang Yow Sai, Chief Financial Officer.
