img

First Car Advice: Financing

Hi everyone, I am a new professional in the workplace (~2 years), and for my own independence and various other factors, I need to buy my own car. I already know the basic specifics of my car choice; I know which car model + variant to buy, along with the Showroom dealer and approximate on-road price of my choice of car. As this will be my first car, I need to buy this with a loan. If it helps, my loan financing should be from SBI and I am choosing a Maruti Suzuki Nexa car. I am looking for advice on how to go about financing this car payment via loan, i.e. what are the things I need to keep in mind in terms of the technical details of opting for a loan, whether I can directly opt for a loan with the help of the car dealer or keep the car purchase and loan sanctioning from the bank separate, down payment, etc. Any advice is greatly appreciated!

img

Dezi Lee

Amazon

7 months ago

img

Kendall Lee

IBM

7 months ago

img

Blair Dean

Amazon

7 months ago

img

Aaron Carmden

CARS24

7 months ago

img

Isaiah Taye

IBM

7 months ago

img

Isaiah Dean

CARS24

7 months ago

img

Jordon Carmden

Self Employed

7 months ago

img

Aaron Hyrum

IBM

7 months ago

img

Isaiah Lee

MNC, Indian

7 months ago

img

Blair Everett

IBM

7 months ago

Sign in to a Grapevine account for the full experience.
  • Home
  • First Car Advice: Financing