Another point: First approach your bank and tell them that you are planning to buy a car and ask for a quotation. The finance options and interest rates for Savings Bank A/c holders, RD, FD customers are much lower than those for others.
After getting the quotes and choosing a particular financier, try to get a pre-approved sum of money (as much as you can afford) from them and then approach the car dealer and tell him that the loan process has been completed, only the name of the dealer has to filled in the cheque....this way the car companies know that you are financially strong and are a definite customer, they will go any lengths to please you. Also you wont have the tension of waiting for the loan process to be approved after selecting your car!
As far as possible do NOT go with car-dealer-suggested-financier as they usually are in cahoots and may charge you extra!
Warm Regards,
GTS
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~*~Success is 99% perspiration and......another 101% perspiration~*~
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