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Quick guide on how to buy a second-hand car on EMI

Ranvijay found a way to get his dream car without stretching his budget; he has decided to purchase a used car. While he is clear about getting a second-hand car on EMI in Delhi, he has no idea how to go about it. If you too are facing a similar situation, then this article is for you. Today, we will take you through the steps to buying a second-hand car on EMI.

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Quick guide on how to buy a second-hand car on EMI

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  1. Quick guide on how to buy a second-hand car on EMI

  2. Select from a variety of pre-owned car sellers in India

  3. 1 Individual sellers • You can buy a used car from a friend, relative, or any other individual seller.

  4. 1 Car company • Car manufacturers also sell used cars through their dealerships.

  5. 1 Used car dealers • Numerous reputable and certified dealers sell pre-owned cars.

  6. Check these documents before buying a used car on EMI

  7. Check the RC to see if the owner is legitimate. • Check the insurance papers and service book to know about the car's condition and any previous accident history. • Check the road tax receipt and the PUC certificate.

  8. 1 How to purchase a used car on EMI? • Used car loans can be obtained via both online and offline modes.

  9. Used car loans can be obtained via both online and offline modes. • Standard EMI option, where the monthly obligation is fixed throughout the loan term. • Structured EMI, where monthly obligation increases over time.

  10. How to determine used car EMI? • You can use a used car EMI calculator. • You can also compute it manually using a mathematical formula.

  11. Buying a used car on EMI is not difficult. Simply follow the steps outlined above and drive your dream car home.

  12. Thanks! Would Love to hear from you. Hero Fincorp Limited 09, Basant Lok, Vasant Vihar, New Delhi - 110057 Tel : 18001024145 Email : corporate@herofincorp.com Website : https://www.herofincorp.com/ Know More : Steps to Buying a Second-hand Car on EMI

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