Car Loan-How to get the best car loan deal

Do you want to get the best car loan deal ? If Yes, then read this post thoroughly. Car Loan is a new fashion or trend. You may have seen many people changing their car just in 6 months or 1 year. You must be impressed by their wealth and luxury living style. But do you know how it has been possible for them? This is  possible with the car loan. There are many exchange offers and attractive car loans. This makes it easy to replace your old car with new one or buy a brand new car when ever you want. Here in this article, we have listed about how to get the best car loan deal.

How to get the best car loan deal

Before you proceed for car loan, consider some points mentioned below:

  • You are the customer & customer is the king
  • You can always negotiate for better loan offer
  • Your CIBIL score should be healthy (750-950)
  • Income proof should tally the income stated by you
  • You have approached to more than two loan agency for same requirement
  • Compare the rate of interest, loan tenure and down payment
  • Do not show any hurry to purchase the car
  • During discussion with sales person or loan agent, feel comfortable to negotiate
  • Your set of KYC and other documents are with you for verification and application
  • Apply offline and check it with online offers by the lender
  • You can buy a bigger car with small increment in your loan budget
  • Do not deviate from your dream car model due to loan offers
  • Your earlier loan or credit history should be clean
  • No cheque bounce shall be in last 3 months
  • Discuss the best loan offer in your family and friends and take your time to make the final decision
  • Read the terms and conditions of loan agreement carefully
  • Loan repayment, EMI default clause should be clear to you

If you want to read more details on car loan please Click Here We keep updating our website with latest offers and trends on car loan in this.

One thought on “Car Loan-How to get the best car loan deal

  • April 7, 2018 at 7:56 pm

    Dear sir,
    I am prasanta from odisha please send me project details.


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