Category Archives: Buying a car
Your Guide to buying a Second-hand Car!
When you’ve had enough of inconvenient public transport, the hustle and bustle of everyday commute, maybe it’s time you finally considered getting your own car. A pre-used car is a great choice if you’re not very keen on spending the big bucks on a brand new one, just yet. Here’s a convenient quick-guide to go through before you set your heart on one!
Car Loan Trends Over the Last Decade
‘Jams’ nowadays are as much part of an office-goer’s lexicon as much as it is when it comes to kids’ breakfast. So much so that, even car loans seem to be moving faster than traffic on Indian roads these days. So what is causing this exponential rise in loans for smoke-spitting vehicles? Just how easy is… Read More »
Getting married is easier than buying the right car!
Car buying is like getting married. The day you decide to go ahead with either of the two, all kinds of advice pour in. From parents, relatives, distant uncles, pesky neighbours, even your local barber, the opinions can be multiple and quite often, confusing. In fact, getting married can be relatively easier. Unless you have… Read More »
When is the ideal time to buy a new car?
Buying a new car is a dream come true for many people. A normal priced car may not be as big an investment as a house. Nevertheless, buying a car can be quite a strain on the pocket for the common man and more so if you opt for a high end car. Although car… Read More »
Top 5 Car Loans in terms of rates, benefits and features
Over the time, Cars have increasingly become a necessity. With the help of Banks and other finance companies, owning a car has become easier. In India, many lenders are providing Car Loans at affordable rates. In this article, we will discuss about the various types of Car Loans offered by the financiers and present the… Read More »
Importance of the car loan surrender letter!
In every loan agreement, there are various types of clauses which often confuse the borrower. In most of the cases, these clauses are put to ensure that the interest of the financing company is protected as the agreement draft is prepared by their lawyers. It is thus essential for the borrowers to understand and appreciate… Read More »
What to look for in a car loan agreement!
The car loan is a very common debt today with almost all middle class Indians opting for this method to own their dream vehicle. However, there are some clauses in a car loan agreement that most people are still unaware of which may compromise the interest of borrower at a subsequent stage. Described in this… Read More »
Excise Duty Cut in Interim Budget 2014 – Cars get cheaper!
The Union Finance Minister, P Chidambaram presented the Union Interim Budget for 2013 with some relief for the auto industry by announcing excise duty cuts. The excise duty has been reduced across all segments of the auto industry with a follow up reduction in the Central Value Added Tax (CENVAT). However the announcement has been… Read More »
Common add on covers in auto insurance!
Vehicle insurance is an integral part and process of owning a vehicle. While insurance is thought as a recurring annual expenditure by some, there are various auto insurance add-ons that provide users multiple benefits increasing the protective cover for the vehicle as well as the owner. In this day and age of growing needs, various… Read More »