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Old 28th October 2004, 05:38   #1
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Hi friends,

This is my first post on this forum. Finally I have made up my mind and decided to go in for a mid size car with a maximum set limit of Rs 600K. Some 300K are ready with me and rest would be through Car Finance.

I would like to know from fellow TeamBhpians regarding current car interest rates, finance charges etc. I would highly appreciate suggestions, recommendations and negotiation tips.

By the way, I am from Mumbai and thinking of driving a ‘Josh’ machine by Jan 2005.

Vipul Gandhi
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Old 28th October 2004, 16:52   #2
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It depends, bank to bank.

Best option is to go with the dealer's financer. Why?
B'coz they offer discounts on finance deals.



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Old 4th November 2004, 19:52   #3
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hi

nowadays the finance companies are offerring a options of delaying the start of EMI's but keep in mind they take the balance discounted EMI's in form of down payment. so whatever u pay as down payment includes the interest component also.

so keep this in mind while taking finance.
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