Answer first
This draft checks only whether a quotation’s displayed cash price, deposit, financed amount, finance charge, instalments and total are arithmetically consistent.
How to decide
It makes no statement about ownership, recovery, settlement, transfer or other legal treatment. Those questions must be answered from the signed agreement and current law by a Malaysian legal reviewer.
A practical process
Copy every displayed figure from the dated quotation; reproduce additions and divisions; flag differences; obtain legal advice separately before acting on contractual rights.
Limits and next step
No legal proposition is made or implied by this arithmetic check. Check the linked primary source and its captured date before making a commitment.
Malaysian worked example
Show the working
Inputs
- cash price RM80,000
- deposit RM8,000
- financed RM72,000
- total payments RM87,120
Calculation
- finance charge = RM15,120
- 84 instalments = RM1,037.14 before agreement rounding
Illustrative resultThe displayed schedule is arithmetically consistent before fees and agreement rounding.
No legal proposition is made or implied by this arithmetic check.
Sources
- Source checked on 2026-09-14Maybank
Hire Purchase/-i and reducing-balance framework
- Effective
- 2026-08-01