buy your dream car

Top Reasons to Buy Your Dream Car this Year End

October 17, 2022 • 3207 views

Your dream car is not a dream anymore with Poonawalla Fincorp’s Used Car Loan. Yes, you heard it right! The car you have been waiting for a long time is eagerly waiting for you. 
In India, buying a car is a celebratory occasion, especially for middle and low-middle-income groups. Buying a dream car also requires a lot of financial planning in terms of the loan amount, down payment, monthly EMIs, choosing a lender, and interest rate. Prior to buying your dream car, you should consider these factors which will help in better planning of finances. 
This year end, welcome your dream car and celebrate with your friends and family. We at Poonawalla Fincorp would like you to get your dream car. Here are a few reasons why you should buy your dream car this year end. 

Discounts and offers

In year end, various car manufacturers and dealers come up with attractive offers and heavy discounts for their potential customers. Many brands across various domains follow the practice of offering discounts and offers during year end. To avail of such offers and discounts, you can plan to buy your dream car this year end to save on your expenditure on the car. Many manufacturers and dealers offer cashback, discounts and other offers. You can also participate in lucky draw competitions, scratch card contests, free coupons, vouchers, and many such offers. This will give you a chance to win exciting prizes and gifts along with your dream car.  

Replacing your car

As you have been thinking about replacing your car for a long time, occasions such as new year are the best time. There are various offers that car manufacturers and dealers provide you on replacing your old car with a pre-owned or new car. You can get heavy discounts which will save a ton of money.

Free Accessories

During new year, car dealers and manufacturers could have offers for free car accessories such as seat covers, extra USB chargers, car covers, floor mats, air fresheners, GPS navigators, etc.

Attractive interest rate

Taking a car loan is a vital decision. Car dealers and manufacturers partner with various banks and Non-banking Financial Companies (NBFCs) to provide you with car loans at an attractive interest rate as compared to other days. You can avail of a car loan at a lower interest rate and a lower down payment.

Processing fee

At the time of applying for a car loan, banks and NBFCs charge a processing fee to cover the cost of paperwork and administration cost that is incurred during the loan process. During year end, there is a high chance that certain banks and NBFCs will not levy processing fees on the car loan.

Conclusion

Before deciding on a car, you should assess your finances and plan accordingly. This will help you manage your daily expenses as well.  By keeping all the above-mentioned points in mind, you can buy your dream car without any hassle, especially if you consider Poonawalla Fincorp’s Pre-Owned Car loan. Our Pre-Owned Car loan is loaded with unique features such as an easy 3-step online loan application process, no hidden charges, flexible loan tenure and an attractive interest rate. To know more about Pre-Owned Car Loan, you can visit our official website.

Disclaimer

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

poonawalla fincorp team

Poonawalla Fincorp Team

Our team of expert writers and editors are passionate about providing authentic and valuable information on finance. Our aim is to simplify financial and finance-related concepts. We strive to help our readers become more aware and empowered to make informed financial decisions.

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