- CarDekho Experts
- on 22 Mar 2019
If you are considering taking a car loan, feel free to ask for quotes from multiple banks from the dealership itself. A lot of banks and lending authorities have tie-ups with dealers to offer you an easy loan. Or, you can check with your own trusted bank and authorities in case they have a better loan plan to offer. Also, if you are planning to buy a new car on finance, then generally, 20 to 25 per cent down is required on the ex-showroom price of a car. However, exact confirmation regarding EMI, down payment, interest, loan period and its procedure will be discussed by the bank only, as it depends upon individual eligibility. New dealership:- click here
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