I'm 23M and have saves a little. I tried to buy car at the end of last year but wasn't able to collect such amount,.not even yet. Now, I'm thinking of getting car through a loan or installment either by Bank or other trusted resources.
It would be better if markup/intrest (Car Ijrah) as lowest as it could be. I have a car of relatives but I don't have such bug amount to buy at spot. Secondly, I have heard that Bank will only allow to buy used cars that are upto 3 yrs old & even the markup rate will be more as compared to the new one. Please anyone can guide or help me. Or interested in showing me some options either for Banks or other trusted partners.
Thanks guys for your time and consideration.
P.S: I like Honda City nearly of budget 30L-35L or Alsvin but Sometimes why shouldn't get an ALTO or Dayz that would be better in fuel average and I'll even use the car on Indrive to make more revenue. Then, after this, I'll get another car later.