He said that a tiering system might be adopted to ensure that their customers enjoy the best rate options where currently customers can choose between the 3.85 and 4.5% interest when purchasing new cars. With the Overnight Policy Rate being increased to 2.75% by Bank Negara, banks have been increasing their base lending rates. Syed Zainal also said that to ensure that the interest rate increase will not affect car purchases, manufacturers and the financial sector would need to work closely.