Video answer: Buying a new car: should i pay cash or get a car loan…
Top best answers to the question «Is it better to get a bank loan to buy a car»
If you can't afford cash, a personal loan is usually the cheapest way to finance a car deal - but only if you have a good credit score. You can get a personal loan from a bank, building society or finance provider if your credit rating is good… Make sure the loan is not secured against your home.
Video answer: Car buying tips & advice
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You don’t have the hassle of going back and forth between the car lot and your lender to finalize a car loan once you decide which exact vehicle you want to buy. Paying cash also doesn’t use the...
If you cannot afford to buy a big car, then it is better to buy a small car. Buying a car loan and investing the available funds in a mutual fund having a high return than the cost of loan might help you to pan out an advantageous situation. 2.8K views