Category Financing services

Advise for Financing a Car

Buying a car for oneself can become an overwhelming task, especially if it is your first one. Buying the right car can drive anybody crazy. The thought of going through so much paperwork can be sweat-wreaking.

More anxiety pops up when you have a desire for a car which is currently out of budget for you. Car financing has been helping people get their dream cars for a really long time now. However, the terms of car financing can be tedious.

A lot of effort and planning are required while buying a car. A car loan has proven to be the best financial apparatus in funding the purchase of a car. However, in the process, many people tend to opt for a much higher range than what was originally planned for and what they can pay for easily.

Managing your car loan is as vital as managing your car. We are providing you with a few tricks and tips which will come out handy when you go for a car loan.

Set a Budget

Anytime we go out to buy something, we set a budget in our mind. Then why should it be any different when it comes to getting a car financed? Carve out a list of your daily expenses, keep aside money for unforeseen circumstances and then see how much can you spare from your monthly salary.

Make sure you add future expenses such as car insurance, fuel, and regular maintenance. This will give a you a rough idea as to how much can you spare. Make sure the amount you decide is not more than 20% of your monthly income.

Make a Sizeable Down Payment

Instead of planning to pay EMI over a longer period of time, it is more apt to give a considerable amount of money as a down payment. This will lower your payment burden in the coming years of EMIs. This will also help when you apply for a car loan.

Opt a Shorter Tenure

Though the bank offers an option of stretching your car loan up to 7 years, you should never fall for it. Make sure your car loan is summarized in the coming four years. Higher EMI amount would mean a lesser amount of money that you will be paying as interest. Hence, it is profitable in the longer run.

If you keep in mind just the above few points while getting your car financed, it will turn out to be very beneficial for you in the longer run.

Financing Used Car Service

Himanshu Car World has been helping people realise their dream of owning a car since 1995. All these years, Himanshu Car World has kept up with its carefully made name.

We have risen to the top after years of faithful and unfailing service towards our clients. We work day and night, not for our profits but for the happiness of our clients.

Himanshu Car World deals in buying and selling of used cars. We are graded among the best used cars finance company in Jaipur. Our positive customer reviews, love and support has helped us keep the title of the best used cars finance company in Jaipur.

We follow a well figured pattern and go into a depth study to know about the car’s history and physical specifications. All these steps are taken just to make sure that our customers are satisfied with our services and become a part of our ‘Himanshu car World’ family.

Our services have increased over the years. Gradually as the business went on, we realised that more and more people wanted to buy cars but most of them could not afford it.

Therefore, after great deliberation, we came to the conclusion of ‘Financing.’

Now you won’t be stopped by the size of your dreams. And like we always say, dreams are never second hand or expensive.

We, at Himanshu Car World strive to be the best used cars company in Jaipur and financing service has been a stepping stone towards the direction. You don’t have to shy away anymore to buy your favourite car. We are here to provide you with hassle free finance services.