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Old 16th July 2008, 18:49   #14 (permalink)
GTO
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Join Date: Feb 2004
Location: Bombay
Posts: 18,786
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Quote:
Originally Posted by Technocrat View Post
GTO & SB: I really would like to try this during my next purchase as I did try to convince the Loan agents for a couple of my friends new car purchases & none of the agents\banks agreed to waiving this off including SBI.
A fool and his money parted. Why should anyone pay *loan processing charges*? Paying a business $$$ for a transaction of which they are making money off you is ridiculous! Its not like you are a mobile phone customer who can change his supplier after a month. On an average, car finance customers are locked in for 3 - 5 years!
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