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Old 3rd January 2007, 14:11   #8 (permalink)
ownerofazkaban
BHPian
 
Join Date: Aug 2006
Location: BLR
Posts: 145
Default lease plan

Here, all cars are available. If you are planning to take car on loan and spend 50k on fuel and another 10k on maintenance it would save you definitetely at the end of lease period you would have the car say at 1-2% loan which is fantabulous.

Heavy VAT is applicable on the EMI and hence the tax benefits has drastically come down... instead of earlier 33% one saved now it's come down to almost 20%.
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