Team-BHP - View Single Post - Need help in negotiating best price for a new car that I want to buy

djay99 · 27th March 2008, 15:59

Hi Krishnan. If you want to go with Aveo Uva then get finance from PSU banks.
SBI is offering int rate of 11.25% for 5 year tenure with minimum processing fee.
All the payouts and discounts are marketing terms. Stick to lowest interest rate rather than all these stuffs.
From SBI, for a loan of 4lac for 5 year, EMI comes at 8746. You also have option to prepay and partpay with lesser rates.

Also get cash discounts from dealer than freebies. You can buy same stuff from outside at much lesser rates.

27th March 2008, 15:59	#3 (permalink)
djay99 BHPian Join Date: Jun 2007 Location: Bangalore Posts: 484	Hi Krishnan. If you want to go with Aveo Uva then get finance from PSU banks. SBI is offering int rate of 11.25% for 5 year tenure with minimum processing fee. All the payouts and discounts are marketing terms. Stick to lowest interest rate rather than all these stuffs. From SBI, for a loan of 4lac for 5 year, EMI comes at 8746. You also have option to prepay and partpay with lesser rates. Also get cash discounts from dealer than freebies. You can buy same stuff from outside at much lesser rates. __________________ Cheers DJ ------------------------- Getz Prime CRDi VGT (TS 175KMPH) Chevy Spark LT (TS 160KMPH)