NEWS & ADVICE : CAR LOANS
Used Car Loan Melas in India
By Neelima Shankar
Print    Email    RSS   

A huge ground with neat looking cars lined up and a number of tie-clad executives engaged in polite discussion seated comfortably in huge stalls, are a regular part of urban scenery now-a days. Don't be surprised, if I tell you that it is a car loan mela. Organized frequently by major banks like ICICI, ABN Amro, HDFC, Citibank etc., these special events are becoming quite a rage, as they provide good value used cars at a great price. A buyer who satisfies the bank criteria can drive away a car of his choice without burning a hole in his pocket.


Used cars are fast gaining popularity for more than one reason, but the biggest one is the amount of savings they bring in terms of price. Considering the fact that a used standard car or premium car be easily bought for a price 20% to 60% lower or even more depending on the model, mileage and condition of the car, makes people flock to the used car loan melas.


Banks do a lot to attract people to the used car loan melas. A big issue with buying any used car is the verification of the vehicle ownership, its accident history, maintenance record, quality checks and whether the vehicle is not a stolen one. An individual buyer doesn't have the requisite expertise and time to do these things. So, the banks take care of all such formalities and get the vehicle inspected, tested and quality checked before displaying them at any such event. The tests and checks done on such vehicles are quite comprehensive and it more or less ensures that a buyer is getting a good deal. Moreover, there is a norm that banks provide a one year warranty on any used car.


Page  | 12 |  
(Comments Posted : 5) Post Your Comments
1. Hello to all those who receive a legitimate loan have always been a big problem for customers who have financial problems and need a solution. The issue of credit and collateral is something that clients are always worried about when looking for a loan from a legitimate lender. But ... we've made that difference in the lending industry. We can arrange for a loan of the range of $ 10,500. At $ 9500,000,000 as low as 2% interest please respond immediately to this email: (carlosfinancialcompania@yandex.com)

Our services include the following:
Debt Consolidation
Second mortgage
Business Loans
Personal loans
International Loans
Loan for any type
Family loan
ETC

No social security and no credit check, 100% guarantee. All you have to do is let us know exactly what you want and we will surely make your dream come true. (LOAN COMPANY). SI says when your banks say NO. Finally, we finance small-scale lending company, intermediaries, small-scale financial institutions because we have unlimited capital. For more details on how to get a loan, contact us, please respond immediately to this email: (carlosfinancialcompania@yandex.com)
JOSE PEREZ (Posted: Sep 12, 2017)
2. Hello to all those who receive a legitimate loan have always been a big problem for customers who have financial problems and need a solution. The issue of credit and collateral is something that clients are always worried about when looking for a loan from a legitimate lender. But ... we've made that difference in the lending industry. We can arrange for a loan of the range of $ 10,500. At $ 9500,000,000 as low as 2% interest please respond immediately to this email: (carlosfinancialcompania@yandex.com)

Our services include the following:
Debt Consolidation
Second mortgage
Business Loans
Personal loans
International Loans
Loan for any type
Family loan
ETC

No social security and no credit check, 100% guarantee. All you have to do is let us know exactly what you want and we will surely make your dream come true. (LOAN COMPANY). SI says when your banks say NO. Finally, we finance small-scale lending company, intermediaries, small-scale financial institutions because we have unlimited capital. For more details on how to get a loan, contact us, please respond immediately to this email: (carlosfinancialcompania@yandex.com)
JOSE PEREZ (Posted: Sep 12, 2017)
3. DEAR SIR/MADAM,

I\'M REV.Stephen Jett THE PUBLISHER OF THE CHURCH OF CHRIST IN
ENGLAND.WE WANT YOU TO KNOW THAT WE HAVE THE CALLING FROM THE LORD TO
HELP THOSE WHO ARE IN NEED AND IN FINANCIAL PROBLEM,BY GIVEN OUT LOAN
TO ANY,INDIVIDUAL,COMPANYS AND SOCIETY THAT NEED MONEY TO DO BUSINESS.

THE AMOUNT OF THE LOAN HAS BEEN SIGNED AND APPROVED BY THE CHURCH
COMMITTEE THE SUM OF £900,000.00 WHICH YOU HAVE THE PRIVILEGE TO LOAN
£50,000.00 TO £1,000.00.YOU ARE TO RETURN THE LOAN WHICH IS GRANTED TO
YOU IN 4 YEARS AGREEMENT.

IF YOU ARE INTERESTED KINDLY CONTACT BISHOP JOSH WITH THE INFORMATION
BELOW.

NAME: BISHOP JOSH
Email: loanbusinessinvestment@gmail.com
STAY BLESSED.
REV.Stephen Jett
REV.Stephen Jett (Posted: Oct 31, 2016)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Bank loans that could glitter for you
Affects of Car Loan Default
This is how a bank lends money
Used Car Loan Melas in India
A chronicle of excesses by loan recovery...


Lonavala Caℓℓ Girℓs 9765946980 / 9970712349...
how to got car loan statement from hdfc bank
i want to check my sbi car loan balance

NEWS THIS WEEK
SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive