By CarTrade Editorial Team7 years ago
The mandatory nature notwithstanding, car insurance policy buyers can be broadly segregated into two groups. One who just blindly go along with whatever is offered to them the others who are particular about what they want out of their policy. The best car insurance policy is the one that offers the most coverage at the least cost. But theres more to this than just the two
By CarTrade Editorial Team7 years ago
The car market in India is red-hot right now. Every brand worth their manufacturing chops is putting their best products forward in a bid to garner the most of the buyers financial pie. Add to it a relaxed borrowing climate, where lenders are ensuring that they make the financing process as easy seamless as possible, and youve got a situation where getting your dream car is
By CarTrade Editorial Team8 years ago
The Motor Vehicle Act is the one that governs the use of automobiles in India. While it is typically laden with legalese, breaking it down for purpose of simplicity reveals several key aspects about it. One such aspect being car insurance in India. The law states that one cannot drive a vehicle on public roads without being covered by motor insurance. Third-party car
By CarTrade Editorial Team8 years ago
It is the right time of the year to buy a car. Theres plenty of great deals waiting to be found, thanks to car manufacturers dealers looking to push stock through the showrooms. Given the buyers market conditions, one only has to keep an eye out for deals. Whats more, with attractive car loan interest rates being made available it is easy to drive home with the car
By CarTrade Editorial Team8 years ago
The good old FD or Fixed Deposit has long been the go-to investment option of choice for people since decades. Even as newer investment options emerged with the opening up of the economy, the FD held on to a place it could call its own. With the rise in disposable income and aspirations of people, India soon embarked on an automotive revolution. Buoyed by supportive car finance schemes, many
By CarTrade Editorial Team8 years ago
There was a time when car owners in India considered their wheels to be prized possessions and kept them for extended time periods. It also helped that extra money was hard to come by, not to mention the fact that choices were highly limited. Not anymore. The opening up of the economy ushered in a new era of the purchase generation. As car finance in India boomed, so did the availability of
By CarTrade Editorial Team8 years ago
Most vehicle owners users are aware that it is mandatory to have a valid car insurance in India. Yet many simply sign away the cheque at the time of purchase or renewal without the slightest trace of a second thought over what exactly it is that the coverage involves. In most instances, they get away with their ignorance as few owners truly need their insurance safety net. But Murphy is
By CarTrade Editorial Team8 years ago
With more and more new cars being launched every month, the sentiment of buyers is at an all-time high. Readily available financing solutions have made things all the more easier for people to get their hands on their wheeled desires. Tips to pay off the car loan faster Were still in a country where the car happens to be the second most costly purchase after a
By CarTrade Editorial Team8 years ago
Ideally speaking, cash is king and wed make enough of it to not ever need to borrow from a lender in our life. Wed simply have enough money to fund our dreams. Reality does help put things into perspective however, and the truth is, that we do need to reach out for help, in order to fund our dreams. Thankfully, we live in the age of convenience and this means that we can easily
By CarTrade Editorial Team8 years ago
Most people taking a car loan in India tend to go on for three to five years. Of course, there are those that go on for longer, but the significant majority tend to fall in the former category. Also, while people would tend to hold on for cars longer in the past, these days people tend to swap out their old one for new at a much quicker pace. how to transfer a car
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