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Planning to buy a car? Choose lowest repayment tenure when taking auto loan

For salaried, it's a depreciating asset with no tax benefit

Tinesh Bhasin |Business Standard
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Planning to buy a car? Choose lowest repayment tenure when taking auto loan

2 min read Last Updated : Jun 16 2019 | 5:50 PM IST
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For salaried, it's a depreciating asset with no tax benefit Car loans are usually of around seven years, but some lenders offer loans for up to 10 years A long-tenured loan means smaller equated month

First Published: Jun 16 2019 | 5:50 PM IST

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