Buyer behavior has changed when it comes to cars due to the pandemic. People are not interested in saving money but want to spend it all today. The pre-owned car market is witnessing a surge in demand. The average car loan value has increased from Rs 3.5 lacs to Rs. 4.5 lacs from pre to post-pandemic.
You can buy a good second-hand car through a used car loan. You can get a used car loan at attractive interest rates, and the repayment tenure can stretch to seven years. You will also find some lenders providing 100% loan of the car’s value. Most NBFCs and banks provide used car loans. Know more about the features & benefits of used car loan : https://blog.ruloans.com/how-used-car-loan-size-has-been-on-the-rise-in-pandemic-years/
No comments:
Post a Comment