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Compare rates, choose a short tenure, make a larger down payment, and keep EMI within manageable limits
But lenders can impose restrictive conditions on prepayment and foreclosure
Just make sure it's in good shape, the papers are in order and the price you're paying doesn't pinch in the long run
An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs
Here's how the pre-owned, used car loan rates stack up
Some decisions aren't about numbers alone. If paying extra interest isn't as important as your safety, there's no harm in going for them. Get a fix on the pitfalls, though
With liquidity as top priority, most will end up buying a used car, and that's not a bad thing if it's self-funded
Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh
Here's how the used car loans offered by various banks stack up
The amount given in a used car loan is lower, usually 70-85 per cent of the cost of the car
Here is how the used car loans offered by various banks stack up
If you looking for a used car, check out the platforms that offer certification
Here's how the used car loans by different banks and NBFCs stack up