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Reply to Query asked by NITEEKA PANDEY on 12-06-2012

Query

how much loan will be paid for buy a new car

 

Asked by NITEEKA PANDEY on 12-06-2012

 

Answer

 

Dear Niteeka, On average, most dealers require you to make a minimum down payment of 10 to 15 % of the on-road price of the car. However, it makes sense to pay a larger downpayment and a lower EMI, which works out far cheaper in the longer run.

 

 

Posted in: new cars

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