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5 Factors To Consider Before Take A Car Loan

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5 Factors To Consider Before Take A Car Loan:   A Car Loan comes to your aid when you are short of funds. Read on to know what factors can help you in grabbing a good deal. This is where a Car Loan comes to your aid. It adds up the deficit amount, enabling you in fulfilling the dream. The payback mode is via EMI�s over a mutually agreed period.  Here are the " 5 Factors To Consider Before Take A Car Loan" Ensure Loan EMI Stays Within Payable Limit EMI affordability is another factor that you should certainly check before taking a loan. You should assess and calculate all your expenses before taking a call on how much Car Loan EMI you can afford. It will be wise to ensure that your Car Loan EMI along with any other existing EMIs (home or any other loan) do not cross 40% of your monthly income. You can also choose to close any unwanted loans before applying for a Car Loan to ensure you stay below the threshold limit for easy repayment without facing any financial burd...

Best Cars For Different Budgets

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Best Cars For Different Budgets:   Not able to choose the best car within your budget? Here are my top choices in four different budget categories, just for you.   Here�s a quick breakdown of my favourite cars from four different budget categories: Budget � 5 Lakhs Maruti Suzuki Alto Price:  Starts at Rs. 2.67 Lakhs (Ex-showroom Chennai for Alto 800 standard) C�mon, who doesn�t love the Alto? The Maruti Suzuki Alto is for the budget-conscious lot who don�t want to compromise on style and a peppy performance. The design is commendable. The mileage is great � expect between 25 to 33 km from this mini car. And the best part is that it is affordable too. Renault Kwid Price:  Starts at 2.78 Lakhs (Ex-showroom Chennai) Hello, kiddo! This entry-level hatchback is immensely popular in its segment. It�s lightweight; it�s got an SUV-like appearance; it�s got top-class features, and it�s the fastest car in its segment. This little kid has surely found a place in my heart (not y...

Get A Car Loan For A Second Hand Car

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Get A Car Loan For A Second-Hand Car:   Wondering whether you can get a Car Loan for a second-hand ride? CEO Adhil Shetty breaks it down for you. However, not everyone can afford the high EMIs and interest rates that come with regular Car Loans. This is exactly why the used car market is constantly on the upswing. If you�re one of those people looking to purchase a used car at an affordable price by taking out a Used Car Loan, then you�ve come to the right place. Used Car Loans - Features and Benefits Immensely Pocket-Friendly-  Explained in simple associative terms, a second-hand car will cost less, thus, the pre-owned car loan financing it will also be a lesser number compared to its new-car alternative. Meaning, smaller monthly instalments to contend with. Less Hassle, More Features-  While most banks feature  used car finance  as an important component in their arsenal of products, the demand for it is naturally second to a new car loan. Thus, these products...