car loans - compare and choose car loans from different banks with us
Post on 10-Jun-2015
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Car Loans
Get your dream vehicle with one of the Best Car Loans in INDIA
Agenda
• Loan Contract
• Loan Repayment Schedule
• Secured loan
• Unsecured loan
• Selecting the car
Loan Contract
A Contract that specifies the terms of a loan, as agreed to by the borrower and the lender
Amount of the loan Interest rate
Loan Repayment Schedule
Amortize: To repay the principal of a loan through a series of equal payments each payment includes part of the principal and part of the interest
Maturity: The life or duration of the loan longer maturity equals lower payments, but more interest is paid over the life of the loan
Car Loan Options
Secured loan:A loan that is backed or secured by collateral which could be repossessed if the lender defaulted on the loan
Unsecured loan: A loan that is not backed by collateral
Selecting the car — things to consider
Personal preferences Price Insurance Resale value Repair expenses Financing rate
Negotiating the Price
Negotiating by phone may be beneficial
Trade-in tactics can be misleading No-haggle dealers can save time and
stress Information is valuable – shop
around Purchasing a car online is possible,
but not yet a streamlined process
Financing Decisions
Estimate INR amount of monthly payment you can afford before shopping
This Car Loans in INDIA provides a car loan interest rate quotation based on your desired car, the amount you need to borrow, and the term of the loan.
For More Information About Car Loans Visit:
Car Loans in INDIA
Car Loan Interest rates
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