Post by troycuthers on Jul 5, 2019 5:08:20 GMT 1
Makes easy to buy car: – As many banks provide up to 100% finance on ex-showroom price, you don’t have to wait long to buy your dream car.
Flexibility to choose the tenure: – Banks offer car loan for tenure of up to 7 year. You have the flexibility to choose the tenure as per your convenience.
Loan for buying used car: – Many banks offer loan on used car these days. Although the interest rate will be higher than the interest rate on new car loan and the loan-to-value (LTV) ratio will be lower than the new car loan.
Flexibility to choose the tenure: – Banks offer car loan for tenure of up to 7 year. You have the flexibility to choose the tenure as per your convenience.
Loan for buying used car: – Many banks offer loan on used car these days. Although the interest rate will be higher than the interest rate on new car loan and the loan-to-value (LTV) ratio will be lower than the new car loan.
