Car Loan for Innova 2008 I am planning to buy an Innova this year and was wondering what is the prevailing ROI. I am getting quotes from UTI, HDFC (2), Reliance (2), ICICI - ROI (was quoted 13.5 %)
- Tenure 60 Months
- One Advance (which date is cut off.. is it disbursement between the 20th and 5th that 1 emi advance is nullified?)
- Is 4% subvention from financier added to disbursement amount?
- Does the dealer adds that to dealer discount and calls it his own discount?
- I am being offered 30K cash discount on a 2008 Innova... so he said Insurance can be free. Is it enf?
Please comment whether the above is realistic. That is Hyderabad Prices.
Below is a calculation:
Last edited by btirthankar : 5th March 2008 at 19:38.
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