Go Back   Team-BHP > BHP India > Team-BHP Reviews > Indian Car Loans & Insurance

Thread Tools Search this Thread
Old 22nd June 2007, 08:39   #1
Join Date: Jun 2007
Location: Kanpur
Posts: 32
Thanked: 0 Times
Default Finance OR pay full..!!

Hello everyone,

I wish to start a poll here about the descision to either pay full amount or get financed while buying a new car. Ofcourse, this is optionis for those only who can afford the big amount at the time of buying.

One TeamBHPian suggested that if one can invest the sum into other place where he can gain more than the interest on the car loan itself, then obviously car finance will be a better choice. But the thing is, its not that simple to have such a dream investment venture.

So, guys please write your opinion here, that might help those who are stuck in this descision.
variozin is offline   Reply With Quote
Old 22nd June 2007, 14:15   #2
Senior - BHPian
androdev's Avatar
Join Date: May 2007
Location: bangalore
Posts: 1,377
Thanked: 794 Times

this might be helpful

androdev is offline   Reply With Quote
Old 9th July 2007, 17:08   #3
Senior - BHPian
djay99's Avatar
Join Date: Jun 2007
Location: Dublin
Posts: 1,438
Thanked: 467 Times

If you are getting better interest rate for money you deposit instead of loan interest rate then it makes sense to go for loan.
djay99 is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
My experience with HDFC Finance (Auto Loan) VtecDeGr8 Indian Car Loans & Insurance 16 25th January 2006 03:41
Car Finance - Anyone? Rock 'n' rollz Indian Car Loans & Insurance 2 3rd March 2005 18:15
Car finance vipulG Indian Car Loans & Insurance 2 4th November 2004 19:52
Finance woes the Bajaj way Jaggu Indian Car Loans & Insurance 17 26th July 2004 18:39

All times are GMT +5.5. The time now is 04:37.

Copyright 2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks