BQ Big Decisions: Can You Afford To Buy A Car? Should You Take A Loan To Do It?

Yes you can afford to buy a car, especially if you’re taking a loan. But, here’s what you should know before you write the cheque.

(Source: BloombergQuint)

The BQ Big Decisions podcast gets you the insight you need to make big money decisions with confidence.

Buying a car is a big decision for most. But often people make a purchase without understanding all the costs involved.

And with most car buyers in India opting to take a loan, there’s also the risk of picking a vehicle that they can’t afford. After all, they only have to muster up about 10 percent of the of the car in most cases to get a loan.

On this BQ Big Decisions podcast, BloombergQuint spoke to Kartik Jhaveri, financial expert and director at Transcend Consulting, to understand the various factors a potential car buyer has to bear in mind.

Listen in...

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
WRITTEN BY
Alex Mathew
Alex is Deputy Editor in charge of Personal Finance. He began his career in... more
GET REGULAR UPDATES