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I'm planning to by used car. Can I get loan for that ? Is there any eligibility criteria for Used car ? my budget is 4 Lakhs. which Car I should go for ?

By Tejas on Aug 26, 2015

Answers

  • INSTEAD of buying old car and suffer breakdown on roads, and also suffer in front of family members, why dont u buy a maruti wagon r basic model or even a alto would suffice.
    atleast u will have peace of mind in 4 lacs and u can sell it later u will get a good resale value also. think about it.
    Answer by Ramesh on Aug 26, 2015

  • if you have a budget of 4 lacks you can go with Honda City, corolla Petrol car
    resell value is also good for both the car.
    Answer by Mohammed Ali on Aug 26, 2015

  • u can avail the loan but model should be
    Tata - below 3 years old car
    Maruthi - 8 year old car
    and other model - 5 years old car

    Answer by Mohammed Ali on Aug 26, 2015

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