As per the market sources, interest rates on loans for new and
used cars remained same for another week. The rate of loan for a 60-month new
car is still 4.22%, whereas a new car with the age of
48-month and 36-month had the rate of loan at 4.13% and 4.03% respectively.
The scenario remained the same in case of used cars in India loan rates,
with the average 36-month loan staying at 4.72% and the average 48-month loan
remaining at 4.73%.
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Thursday 2 January 2014
Auto Loan Rates – New Vs Old Cars
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