Category: Car Loan

The 50 basis points repo rate cut by the Reserve Bank of India (RBI) has brought in cheers among borrowers and automobile industry alike. The rate cut will boost automobile and two-wheeler sales in the coming festive season. As about 65% of the new car sales are financed by car loans, rate cuts will lead […]

Skoda Auto India launched Octavia Anniversary Edition, a limited edition of premium sedan Octavia, priced at Rs 15.75 lakh (ex-showroom Delhi) on 14 September 2015. The company’s official statement noted, “The Octavia Anniversary Edition comes with ‘smartlink connectivity’ for the first time in the Indian market”. The SmartLink function will let smartphones seamlessly connect to […]

Mahindra & Mahindra, the full-fledged SUV manufacturer, has launched the toughest car — TUV300. It is a 4-meter compact SUV with a seven-seater capacity. It is the most affordable automatic SUV with price ranging from Rs 6.50 lakh to Rs 8.50 lakh. TUV 300 comes in three variants T4, T6 and T8 and will be […]

Volkswagen has launched a new version of its premium hatchback Polo priced between Rs 5.24 lakh and Rs 8.42 lakh (ex-showroom Mumbai). In this version, you will find all the comforts associated with a Volkswagen, only further amplified by the new features introduced. “With the new Polo, we have enhanced the driving comfort for our […]

Anushree received her annual bonus of Rs 1.5 lakh. She plans to use that money to buy her own car that will cost about Rs 5 lakh . She will use the bonus amount for making the down payment while the rest will be financed through car loan. Although the car she has chosen is […]

If you are planning to buy a car, you might be in a dilemma whether to buy a new car or a used car. Many of your friends and relatives would have advised you to go for an old car as it will cost less than a new car and you will be able to […]

Buying your own car is a dream come true for many individuals be it a compact car, a sedan, a SUV or a MUV. Talking about buying cars, one is inadvertently drawn to the finance aspect because not many of us can afford to pay the entire value of the car out from our own […]