Smart Way to Crediting Car

Smart Way to Crediting Car - Like clothes, buying and selling cars also have a trend. Before Eid, the market price of used and new car will usually jump.
If you are planning to buy a car, new or used on credit, consider tips from Safir Senduk, financial planners and Fellow of Safir Senduk follows.

Specify the time period
"Determine how many car payments are willing to pay, the calculation of the mortgage is not more than a third of the monthly income," Safir said. Beyond that, take into account the budget for car fuel costs, maintenance, and Assurance.

Fitting time
The most appropriate time to negotiate the price usually is at the end of the month. According to Sapphire, at that time the car salesman is trying to achieve sales targets. Likewise, a few weeks before Eid or Christmas, and when the auto show, because usually given attractive bonuses.

Select the appropriate financing sources
You can choose two financial institutions for credit. Can the finance company (multi-) and banks. Banks can provide a smaller interest from finance companies, but tighter credit application process. While multi quite the opposite. However, banks can provide credit payment reschedule if you later difficulties.

Down Payment in cash
Despite advances can be repaid, it is advisable to not pay the DP of loan financial institution or bank that you do not have two installment obligation.

Posted by waylemon

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