India  
 
NewsR.in

Looking to buy a car? Find your ideal car loan with the 20/10/4 rule

IndiaTimes Thursday, 29 February 2024
Buying a car is an important financial decision. Get a loan covering 80-100% of the car's cost based on the Loan to Value ratio. Aim for a lower LTV ratio and manageable EMIs. Follow the 20/10/4 rule: 20% down payment, EMI not exceeding 10% of monthly income, maximum four-year loan tenure.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Mercedes-AMG sets new lap record for GT cars at Bathurst in Australia [Video]

Mercedes-AMG sets new lap record for GT cars at Bathurst in Australia

A successful record run by Mercedes-AMG at the prestigious Repco Bathurst 12 Hour. With a special version of the Mercedes-AMG GT3, the performance and sports car brand wrote another piece of motorsport..

Credit: AutoMotions     Duration: 02:07Published