Team-BHP - View Single Post

newrider · 25th July 2007, 22:59

Hello fellow riders,

I am planning to take a new car on finance. I quite dont understand the language that the bank rep is speaking w.r.t the finance discount.
When I asked about it, he says he would give me a waiver of the *advance* EMI that I need to pay (???), which is my financial discount!!! Is that how it is? or am I beeing framed?

Can someone explain, what a *financial discount* is... (Consider me as a dummy please). I am a bit confused now to negotiate any further :(

Thanks,

25th July 2007, 22:59	#1 (permalink)
newrider Newbie Join Date: Jul 2007 Location: Hyderabad Posts: 11	What is finance discount? Hello fellow riders, I am planning to take a new car on finance. I quite dont understand the language that the bank rep is speaking w.r.t the finance discount. When I asked about it, he says he would give me a waiver of the advance EMI that I need to pay (???), which is my financial discount!!! Is that how it is? or am I beeing framed? Can someone explain, what a financial discount is... (Consider me as a dummy please). I am a bit confused now to negotiate any further :( Thanks,