Team-BHP (https://www.team-bhp.com/forum/)

-   Indian Car Loans & Insurance (https://www.team-bhp.com/forum/indian-car-loans-insurance/)

-   -   Toyota's new scheme for the Corolla- Does it make sense? (https://www.team-bhp.com/forum/indian-car-loans-insurance/14416-toyotas-new-scheme-corolla-does-make-sense-2.html)

Has anyone tried this one yet? Please enlighten me....

2,50,000 + 35*18000 +400000 = 1280000.
Isn't this a great deal ? I mean such deals are available only to people who have company leased car and in the end taking into tax saving they end up getting a car on loan for 2-3% ROI.

The same if you buy through regular 8-9% loan you would end up paying much more interest. And Corolla are meant to be owned for atleast 5 years, usually a decade.