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Used Car Loan
A friend of mine, recently purchased a brand new Honda Amaze on a secured car loan. He has been working for the past 5 years and  had a second-hand Alto 800. When I inquired him about the reason of shifting from a used car to a brand new one, his answer was short but quite impressive – “ The second-hand car made me appreciate the brand new one”.This one sentence is quite a learning for everybody else, because your first used car can only makes you an expert driver and  you  can drive it fearlessly, without thinking about those scratches which gets on your car in a rush hour

A second-hand/used car comes with its own set of advantages compared to a brand-new one, lets have a look:-
1. No Hidden Charges

When you opt for a brand new car, you don’t only pay for the value of the car. You also pay the added charges such as preparation fee, processing fee, GST, advertising fee and shipping charges. These additional charges feels heavy on the wallet but For a second-hand car, you don’t need to pay for these additional charges.

2. Multiple Options

When you visit a used car dealer anywhere in India, You find varieties of brand to choose like Honda, Tata, Hyundai, Mahindra, and many other car brands. You can easily choose the best and  can pay with the second-hand car loan you already have availed from BuyCarloan. 

3. Affordable Pricing

The price gap between a used and a new one is huge. you can almost choose your used car in the interest rates of your brand new car.

4. Less Stress

If it is the paint getting chipped-off on gravel, the tyres getting punctured or some other driver goes-off with your car mirrors from the opposite side, you don’t feel much when this happens with a second-hand car. That is why a used car is perfect to start learning to drive from scratch. This way you don’t face sleepless nights and it goes easy on your pocket as well.

5. Depreciated Value

New cars, as soon as purchase, loose a portion of their value immediately. The moment a new car is purchased, it is not new anymore and will be sold as a second-hand. For a second-hand car, however, there is much less depreciation. You will lose less money over comparatively long time 

Used Car Loan with BuyCarLoan-

Good used cars don’t remain unsold for too long. So, Hurry for the best pick at BuyCarLoan. Press Enter on BuyCarLoan, everything from application to outlay happens online. With only Aadhaar, PAN and Bank statement/netbanking credentials, you can apply for a car loan and pay for your requirements. The loan amount for a car loan at BuyCarLoan can range from Rs.50,000- Rs.5,00,000. The repayment is done via EMIs, with interest rates on a reducing balance method. The personal loan tenure can be from 6 to 48 months.