General information only; not financial or tax advice. Laws and lender policies change—verify specifics before acting.
Avoid stretching EMIs; factor all recurring costs.
A car is a depreciating asset—optimise acquisition to protect cash flow. Balance down payment with EMI affordability and keep emergency savings intact.
- Compare on‑road price vs budget; include accessories/insurance.
- Shop loan pre‑approvals before showroom offers.
- Consider total cost over 5–7 years, not just EMI.