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HomeLoanMitsubishi Car Loan Calculator Malaysia
🚗 Mitsubishi Car Loan Calculator

Mitsubishi Car Loan Calculator Malaysia 2026

Calculate monthly hire purchase instalment for Mitsubishi Triton, Xpander & XForce. Hire purchase rates from 2.40% p.a. — Malaysia's best-selling pickup truck included.

Mitsubishi Motors Malaysia (MMM) currently offers three models: the Triton pickup truck — consistently Malaysia's best-selling pickup for multiple years — the Xpander 7-seater MPV, and the all-new XForce B-segment SUV launched in April 2026. All are conventional petrol/diesel vehicles, qualifying for standard hire purchase rates from 2.30%–2.60% p.a. at major banks.

Calculate Your Monthly Instalment

= RM 10,198
10%10%30%
2.40%
1.5%2.40%5.0%
9 years
5 yrs9 yrs9 yrs

Monthly Instalment

RM 1,033.40

per month for 9 years

Loan Amount

RM 91,782

Down Payment

RM 10,198 (10%)

Total Interest

RM 19,825

Total Payment

RM 111,607

Approx. EIR

~4.44% p.a.

Based on hire purchase flat rate formula. Actual rate subject to bank approval, credit score, and vehicle age.

Mitsubishi Models — Monthly Instalment at 2.40%, 10% Down, 9 Years

Pre-calculated estimates. OTR prices verified May 2026. Use the calculator above to customise.

ModelOTR PriceDown (10%)Monthly
Triton Single Cab MTRM 101,980RM 10,198RM 1,033/mo
Triton GL ATRM 116,980RM 11,698RM 1,185/mo
Triton Premium ATRM 145,980RM 14,598RM 1,479/mo
Triton Athlete ATRM 159,980RM 15,998RM 1,621/mo
Xpander 1.5L ATRM 99,980RM 9,998RM 1,013/mo
Xpander 1.5L Plus ATRM 109,980RM 10,998RM 1,114/mo
XForce Urban CVTRM 109,980RM 10,998RM 1,114/mo
XForce Ultimate CVTRM 119,980RM 11,998RM 1,216/mo

All Mitsubishi models are conventional petrol/diesel — no PHEV or EV currently sold in Malaysia (May 2026). Standard hire purchase rates apply.

Hire Purchase Rates 2026 — Major Banks

BankNew CarUsed CarHybrid/EVMax Tenure
Maybankfrom 2.30%from 2.70%from 1.75%9 years
CIMBfrom 2.55%from 3.20%from 2.00%9 years
Public Bankfrom 2.50%from 3.00%from 1.88%9 years
RHBfrom 2.60%from 3.18%from 2.00%9 years
Hong Leongfrom 2.55%from 3.25%from 2.00%9 years
AmBankfrom 2.50%from 3.10%from 1.88%9 years

Rates subject to Bank Negara OPR and individual credit profile. All Mitsubishi models currently qualify for standard (non-green) hire purchase rates.

What is Effective Interest Rate (EIR)?

Banks quote hire purchase as a flat rate — calculated on the full original loan throughout the tenure. The EIR (Effective Interest Rate) reflects the true annual cost of borrowing. A rough estimate: EIR ≈ flat rate × 1.85. Example: flat rate 2.40% p.a. ≈ EIR ~4.44% p.a. Always compare EIR across banks for an accurate cost comparison, not just the flat rate headline.

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Mitsubishi Car Loan FAQ — Malaysia

What is the monthly instalment for a Mitsubishi Triton in Malaysia?
The Mitsubishi Triton GL MT (RM114,980) with 10% down (RM11,498) at 2.40% p.a. flat rate over 9 years works out to approximately RM1,347/month. The top-spec Triton Athlete (RM159,980) costs approximately RM1,873/month on the same 90% loan, 9-year, 2.40% terms. Use the calculator above to adjust down payment or tenure.
What hire purchase rate does Mitsubishi Malaysia offer?
Hire purchase rates for Mitsubishi vehicles in Malaysia are set by banks, not Mitsubishi directly. Standard rates for new cars start from 2.30%–2.55% p.a. flat depending on the bank. Maybank offers the lowest at from 2.30% p.a. for new cars. Used Mitsubishi cars typically attract rates from 2.70%–3.25% p.a. The effective interest rate (EIR) is approximately flat rate × 1.85, so a 2.40% flat rate equals ~4.44% EIR.
How much down payment is needed for a Mitsubishi XForce?
The minimum down payment for a new Mitsubishi XForce is 10% of OTR price. For the XForce Urban at RM109,980, the minimum down payment is RM10,998. For the XForce Ultimate at RM119,980, it is RM11,998. Putting 20% down on an XForce Urban reduces monthly instalment from ~RM1,288/mo to ~RM1,145/mo and saves ~RM15,600 in total interest over 9 years.
Is the Mitsubishi Triton or Xpander better value in Malaysia?
They serve different needs. The Triton (from RM101,980) is Malaysia's best-selling pickup truck — ideal for heavy-duty use, towing, and off-road. The Xpander (from RM99,980) is a 7-seater MPV better suited for family use with lower running costs. For monthly payments, the Xpander 1.5L at ~RM1,171/mo is comparable to the Triton Single Cab at ~RM1,195/mo. Choose Triton for capability and resale; Xpander for comfort and practicality.

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