tag:blogger.com,1999:blog-4859406259037970692.post7739781827829726113..comments2024-03-26T18:42:35.164+05:30Comments on Texient - Learn and Share: Buying a car - Car loan or full cash payment?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4859406259037970692.post-43265183643606364402016-05-24T13:53:33.338+05:302016-05-24T13:53:33.338+05:30Hi people,
Thank you so much for this wonderful a...Hi people,<br />Thank you so much for this wonderful article really!<br />If someone want to learn more about the <a href="http://www.car-loanz.com/" rel="nofollow">Bad Credit Car Loan</a> I think this is the right place for you!<br />Anonymoushttps://www.blogger.com/profile/17532112687067702445noreply@blogger.comtag:blogger.com,1999:blog-4859406259037970692.post-88473245829668465002015-08-13T14:02:48.292+05:302015-08-13T14:02:48.292+05:30Thank you for the meaningful and useful service th...Thank you for the meaningful and useful service that you have shared with us above.Really it is worthy to me and seems to me very helpful.Cheapest Home Loan Availablehttp://www.easyloansindia.com/Cheapest-home-loan-available.phpnoreply@blogger.comtag:blogger.com,1999:blog-4859406259037970692.post-20896459585327739522010-08-06T16:37:19.729+05:302010-08-06T16:37:19.729+05:30Yes, the principal will reduce over time. In addi...Yes, the principal will reduce over time. In addition, you haven't included tax payments on the FD that you suggest, so interest earned will be considerably less in actuality. Besides how can you earn more from a 6% interest rate on deposit when paying over 10% on the loan?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4859406259037970692.post-36120737126076287012010-03-10T17:09:01.482+05:302010-03-10T17:09:01.482+05:30Its true that your interest is on reducing princip...Its true that your interest is on reducing principal, but the EMI is fixed and what calculation he has given is correct. The funda is go for car loan definitely if you are buying new car. Go for cash if you are buying a second hand pieceas the rate of interest is around 15%.<br /><br />Cheers!!!Unknownhttps://www.blogger.com/profile/03076215560195367926noreply@blogger.comtag:blogger.com,1999:blog-4859406259037970692.post-52548178863664989252010-03-03T22:34:15.210+05:302010-03-03T22:34:15.210+05:30It is the way you calculate it.
You assume that y...It is the way you calculate it. <br />You assume that you have ~4.2 L in your account to earn interest for 3 years. This is not true since you will be making repayments every month and your principal will decrease and hence the interest you earn each month will also go down. Not to mention the interest earned will be taxable.Anonymousnoreply@blogger.com