Let's say I have Hyundai i10n car which I purchased in Dec 2018 for 5 Lacs. Now based on this information can we calculate the ideal IDV value for this car today?
We’re buying a new car and need advice:
-Loan Amount: ₹7L
-Down Payment: ₹1.5L
-Offer Details (Kotak): 9.3% p.a. (Fixed), ₹7,500 processing fee, 24-month tenure.
Looking for:
1.Tips to negotiate better terms.
2.Suggestions for other bank to apply to (can consider one more- Should I apply...
Hi Fam,
I am planning to buy a new car (new Magnite) using credit card for reward poins. I need your suggestion on how to split the cost of 12.5 Lakhs. Below are the cards I currently hold:
a) HDFC Diners Club International - Black (PVC)
b) Amex Gold Charge Card
c) HSBC Cashback
d) Icici...
Learnt a lesson few days ago while changing my car tyres and sharing for everyone's awareness. My car tyres were worn out, so i decided to change it. When inquired, cost came to 24K (6K for each tyre) and they mentioned they will charge 2.5% additionally for using credit card.
Initially I...
The Toyota dealership agreed for credit card payment of 200000 at zero extra charges.
Made this payment with HDFC Infinia.
Please share your experiences if the dealership agreed for credit card payment at zero extra charge.
Hi everyone, need some help.
I just checked my ICICI car loan statement and found multiple penalties have been imposed like additional interest and bounce charges!
While I always pay either on 1st of every month or before that, still they have deducted ₹944 many times.
Along with that, they...
Hi all
A little help please.
I own the below cards. Which one of the below will give me the best rewards for pay 6 lakhs for car downpayment.
1. Amazon ICICI
2. HDFC Regalia
3. IDFC Select
4. Onecard
5. HDFC Tata Neu
Hello Guys,
Hope all you are doing good.
I need a car loan around 15 Lac for 4 year as I am planning to buy a new car.
Can anyone suggest best bank for car loan with lowest interest rates ?
My primary requirement is to avoid prepayment/ foreclosure charge.
Lowest processing fee and lowest...
Recently I have booked Hyundai Verna IVT and planned to pay the amount with Credit card.
Showroom owner said I have to pay 1.5% charges.
But, Yesterday I have paid booking amount (1.25 lac without charge in good faith) with my SBI Elite card
Today paid 2 lac using Rupay card on UPI(without...
I have negotiated with the car dealer to pay the full amount via CC swipe at additional 1.25% charges but dropped the idea as the max. CB that I can get using the cards I have is 1.5% (since it is an offline payment) and it doesn't worth the hassle for 0.25% profit. While paying the booking...
How to improve Banking Relationship with a particular bank to get good deal in Car Loan which I'm planning to get about 5-6 months from now?
All funds in one bank or distribute among different banks to check for good offers?
Any other suggestions??
I am about to purchase a car next month and negotiated MDR to 1%. Looking for Credit card recommendations to pay for it. Total amount I need to pay is 12.5L.
The merchant's MCC is 7538.
Even though ITR should not be an issue, I dont want to cross 10L on a single bank card.
- DCB (8.6L limit)...
Hello everyone,
I recently got my Amex Platinum Travel card and am looking to hit the spending milestones for rewards. I’m planning to buy a car from Maruti Nexa, and I’ve already negotiated the price down. After including road tax and insurance, the total cost is ₹10,000 less than the...
Dear folks,
My car insurance is due for renewal from 12th August 2024. Currently I'm sailong with HDFC ergo.
Here I've few queries regarding the renewal
1. Should I buy insurance policy from any online portal like policybazaar or is there any alternate options to get discount on the premium?
2...
Hi TFians
My father had taken a vehicle loan in 2007 and paid it off in few years. He had even obtained an NOC certificate and last payment date is in March 2013.
However when I refreshed his CIBIL report today, the account still shows as active in CIBIL, though outstanding amount is 0. I have...
Hello guys
I need to pay 7L down payment for a new car this month. Please suggest the best card to do the same and also guide how to negotiate with the car dealer regarding MDR charges etc. Should I tell them in advance that I am going to use the card or wait till final negotiation?
I have...
Need suggestion, I am buying a car and need to shell out 10-12.5L, would paying by credit card be a viable option? The dealer may charge us for the same.
I have the following cards:
- Amex MRCC
- OneCard - Federal Bank
- Kotak Indian Oil Card
- Yes Reserv
- Magnus for Burgundy
- HDFC...
Amazon is now processing fastag through its own app and the Fastag is linked to Amazon pay account.
The charges are 100 plus 200 deposit.
Others can edit this post and share their experience of recharging the Fastag.
Just got challan msg stating only my car registration number looked suspicious without any valid challan no. Cross checked on official govt. site and no challan was issued. The WhatsApp msg also attached a dubious app apk and asked to download and install to check. My car has never been to Karad...
So I have decided on a car after reviewing some cars I found out Skoda Kaushaq 1.0 Ambition Model Manual. Actually, this car fits all my needs.
Before we had plans to buy from Banglore - Taxes in Bangalore are higher than in Delhi or the north side
Here is a quotation we got from
Bangalore...