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Originally Posted by variozin  Q. Is buying a car with full payment is better than taking loan, if the buyer is capable of ? Looking at EMI rates of 10~15% is it advisable to get financed than just pay the full amount from the pocket? |
If you can invest the full payment in some other venture and sure of earning considerably more than the interest charged by the bank for the auto loan, then you can go for auto loan. Otherwise make full payment and don't get into the hassles of auto loan & EMI tangle
