Owning a car is not just a luxury in today’s fast-paced world, it is also a safety measure against the harsh elements out there. However, it is not necessary to invest in a brand-new car when you can derive maximum value from a pre-owned car. Several financial institutions offer excellent financing options for the purchase of used car.
It is recommended that one doesn’t lose liquidity over purchasing a car, hence, loans are the best option. It is better to make affordable monthly payments than dipping into your savings to buy a pre-owned car. In case of emergencies, you can rely upon the money you saved.
For the purchase of a used vehicle, you can find financing options in almost all financial institutions. They offer attractive interest rates and comfortable repayment tenures. These companies are known to disburse 90-100% of the value of the car you want to purchase.
In Poonawalla Fincorp, for instance, this is the workflow of a pre-owned car loan-
When you take a loan to buy a second-hand car, you must consider the benefits you receive as there are a lot of competitors out there. Here is a list of the benefits of pre-owned car loan from Poonawalla Fincorp-
To apply for a pre-owned car loan, the following documents are necessary:
A pre-owned car loan will make your dream of buying a car easier and economical. Poonawalla Fincorp offers Pre-Owned Car Loans with affordable EMIs at competitive rates of interest. Fill up this application form and our representatives will get back to you.
We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Pre-Owned Car Loan disbursal is at the sole discretion of Poonawalla Fincorp.
*Terms and Conditions apply
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