Used Car Loan from a Dealer
PopularFinance a certified pre-owned car from an organised dealer, with funding up to 85% of the valued price.
- Indicative rate
- 8.15% p.a.
- Amount
- ₹50K – ₹50L
- Tenure
- 1 yr – 5 yr
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A pre-owned car, financed properly
A used car loan is judged on the car as much as on you. Lenders look at the model year, the kilometres run, the valuation report and whether the seller is a dealer or an individual. Funding is normally 70% to 85% of the valued price, and the rate sits above a new car loan because a used car loses value faster and is harder to resell. We know which lenders are comfortable with older cars.
These numbers are indicative. Your actual offer depends on the lender.
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Not sure which one? Pick the closest and tell us on the call. We will move you to the right one.
Finance a certified pre-owned car from an organised dealer, with funding up to 85% of the valued price.
Buying directly from the owner? Financing is possible, and the ownership transfer needs handling with care.
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Two minutes, no documents needed yet. We call you within 24 hours with a straight answer.
Questions
The things people ask us most about this product.
One call, no charge, no obligation. We will tell you honestly whether your file will get approved and roughly what it will cost.
Lines are open Monday to Saturday. If we miss you, we call back the same day.