Are you planning to buy a new/used Car?
If you are planning to buy a Car, then you must be vigilant about the Banking trends and fluctuations. Here are some of the points that may help you in financing your Dream Car.
• Compare the Interest rates of all the Banks in your Area: This will help you in choosing the lender with lowest interest rates that will help your pocket in repayment of the loan.
• Don’t trust the leading Banks blindly: The banks with Big names often charge big interest rates and force their decisions on customers, once they had taken loan from their bank. Small banks have more chances that they will offer you loans with low interest rates.
• Always ask the bank to show you the copy of pre-approved loan. This will help you a lot in understanding the bank strategy and behavior with the customer.
Always remember, the key is to find a low interest rate is to shop around and compare.
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