Thursday, August 16, 2007

Zoom out on the favourite car on easy EMIs

Wanting to buy the Car Of Your Choice from long time but it doesnt fit into your salary... So what to do???

Well car loans in any case are fairly quick and convenient today to get as compared to the type of loans if you could fulfill the following parameters:

1. You should be able to put up the down payment (about 10-20%) of the on-road price of the car.

2. Proper paper regarding your identity and income documents will ensure that you get your loan quickly.

3. Another very important point which most people are not aware about is that the no-claim bonus on your car insurance (if this would be your second car) follows you rather the car. So if you have not yet made a claim on the insurance policy on your previous car make sure to get the advantage of the no-claim bonus on the much larger premium payable on your new car.


So Happy Zooming....

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