CAN I POSSIBLE TO TAKE A LOAN FOR SECOND HAND CAR
Finance on the used car is no more a nightmare. Many financial institutions provide finance on used cars also. However, used car loans are tougher to obtain. The interest rates offered on used car loans are generally higher than rates offered on new car loans.
In the case of used cars, the age of the car plays a crucial role in deciding whether it is loan worthy or not. The car model too plays an important role. If the car model has been phased out, it is unlikely that it will be financed. Most financiers consider the age of the car, along with the tenure for which the borrower wishes to take a loan, before sanctioning a loan.
Once you have identified a car you wish to purchase and approach a bank, the bank sends in a valuation expert to calculate the value of the car. This would be determined based on the condition of the car, number of kilometres run and the model of the car. Based on the valuation of the car, a bank or finance company would lend to you.
Moreover, sanctioning of the loan also depends on the individuals's profile and his/her CIBIL score.
We suggest you to get in touch with the financial institutions which provide loans on the used car
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Hi Team, You are doing really a very good job and hearty wishes to continue the sane .I am in planning to buy Nissan sunny XL Diesel model .But i dont know about the maintenance cost .Can you guide me the prons and cons on after service of Nissan .Thanks in advance
Thank you for the appreciation. It means a lot.
The car that you have shortlisted is a great option. It offers fantastic cabin space with comfortable seats and smooth ride quality.
Approximate maintenance cost for Nissan Sunny diesel variants in 5 years will be Rs. 32,170. These charges doesn't include labour cost & tax.
Please click here to see the detailed information of maintenance cost.
For the confirmation on the same, we recommend you to get in touch with the nearest Nissan service centres. Click here to find the Nissan service centres, select the Brand & City accordingly.
Hello, Will there be any effect of GST on vehicles. I want to buy vitara brezza and was wondering when to book it. Either before or after the implementation of GST(i.e. 1st of July). Kindly suggest. Thanks beforehand ! Regards, Prasoon
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