Planning to take a car loan? Evaluate offers from dealers thoroughly

When purchasing a car, many buyers go for the lender that has a partnership with the dealer. This should be avoided These lenders charge a higher interest rate, which allows them to offer a hefty commission to the dealer Compare rates online before you finalise the lender Sometimes, a dealer may offer a discount on the car value if you take a loan from its partner lender. Sometimes, a manufacturer may tie up with a lender and offer discounts to push up sales. Again, compare your total interest outgo in this case with other lenders When evaluating an auto loan, check whe.....

Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.