what's your car loan interest rate?

[CreditFreak]

Hi Guys, It might be wrong thread.. Does banks allows us to negotiate interest rate on new car loan? my pre-approved car loan interest rate is showing as 8.9 (ICICI). All the private banks + SBI are offering car loan on fixed rate. Other PSU banks are offering loan linked with RLLR. Since we are expecting repo rate to go down in future, should I go for PSU banks or ask ICICI to reduce interest rate?

 

[deep@vie]

Hi Guys, It might be wrong thread.. Does banks allows us to negotiate interest rate on new car loan? my pre-approved car loan interest rate is showing as 8.9 (ICICI). All the private banks + SBI are offering car loan on fixed rate. Other PSU banks are offering loan linked with RLLR. Since we are expecting repo rate to go down in future, should I go for PSU banks or ask ICICI to reduce interest rate?

Try with hdfc or other banks you have account with,quoting icici rate,they might offer better rate