Posted by nambiar78
Hi,
I have done some research on Cash or Loan payment. Based on my analysis I decided to go for Car loan and bought a Maruti Swift VDi. My calculations are explained in my blog:
http://techmindviews.blogspot.com/2009/08/buying-car-car-loan-or-cash-payment.html
which is valid as per the current interest rates. Have a look and decide whether to go for cash or loan.
*Not intended to be spam message
Cheers,
Sunil.
That is really a stupid article. Doesn't know how to calculate!
And I would strongly agree to Ashish. Its really a risk to buy a NEW car in all cash, if your income is not accounted as required.
 I love my car. But I won't say it is the best in its class.
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