What one should keep in mind while selecting a car loan?
The ultimate dilemma: New Car or Used Car
One can buy a brand new Hyundai i20 or a used Honda Civic in almost the same price. This dilemma always exists so let's look at few pros and cons of both to help you arrive at the decision.
Positives of buying a new car:
Negatives of buying a new car:
Positives of buying a used car:
Negatives of buying a used car:
What are the documents required for car loan?Along with basic KYC documentation like Photo ID Proof, Address Proof, Income Proof (Salary slips, bank statements, form 16); lenders also ask for Down Payment Receipt & Car Quotation