Consider This Before Buying a New Car at GJAW 2025

"Bank Indonesia has indeed lowered its benchmark interest rate compared to last year. But the transmission to retail credit interest rates is gradual," Josua added.

This means you need to ask for the details of low-interest offers at the exhibition. Starting from whether it's effective or flat, provision fees, administration fees, credit insurance, and early repayment penalties.

Ask for a written simulation of the total credit cost until it's fully paid, not just the amount of the first interest installment.

Photo : KatadataOTO

"At exhibitions, there are often tiered installment schemes that are light at the beginning but increase towards the end of the tenor," Josua concluded.

According to Josua, such schemes demand higher cash discipline when entering the third or fourth year.

Lastly, choose a car based on its utility and resale value. Not just because you are attracted to the promotions offered by the salesperson.

"In the price range below Rp 500 million, the Indonesian market is still dominated by multi-purpose family models. Therefore, the biggest discount offers are often in this segment," Josua concluded his statement.