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car

  1. P

    How does IDV calculated for car?

    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?
  2. Alex292929

    Need Advice: How to negotiate on new car loan

    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...
  3. Solitaire

    Buying a new car using CC - Pls suggest which one to use?

    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...
  4. AlgoTrader

    Learnt a lesson few days ago while changing my car tyre and sharing for everyone's awareness

    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...
  5. DesiBatman

    Infinia Paid 2L at car dealership at zero extra charge.

    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.
  6. Anupama_Jha

    ICICI Car loan

    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...
  7. X

    Car Downpayment Through Credit card

    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
  8. fageriaji

    Best interest rates on car loan?

    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...
  9. NIKHILIRM

    Paid for my new Car with SBI Elite card

    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...
  10. P

    Max. Cashback on buying a car with CC on Smarthub Vyapar QR payment

    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...
  11. F

    Banking Relationship and Car Loan

    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??
  12. A

    Which CC to use to purchase car?

    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)...
  13. A

    Best Strategy to Achieve Amex Platinum Travel Milestone with Car Purchase?

    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...
  14. C

    Best way to buy Car insurance

    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...
  15. S

    Delay in closing car loan

    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...
  16. maynigam

    Best card for car down payment

    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...
  17. A

    Buying a car with Credit Card

    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...
  18. VHARIA

    New Amazon Pay Fastag linked to Amazon Pay account

    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.
  19. Abhi5467

    New Traffic challan SCAM!!! Beware!!!

    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...
  20. NeerajNegi

    How to do a car negotiation? How to use Acko drive quote:) Am i buying for 0 INR ?

    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...
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