by StevenMcEvoy | Aug 30, 2021 | Car Buying, Loans, Personal Finance
According to the 20/4/10 rule of thumb, you should be able to pay 20% of the on-road price as the down payment. The loan tenure should be for a maximum of four years, and the equated monthly installment (EMI) should not be more than 10% of the monthly income. First,...
by StevenMcEvoy | Nov 24, 2020 | Car Buying, Loans
Tips for Your Next Big Car Purchase Whether you are interested in buying a used car, a brand-new car, or a car for your child, simply spending more than you want is not the only way out. Trying to purchase your dream car does not have to be a big hit on your debt,...