Planning to Buy a New Car? Here is Why You Should Finance It

Purchasing a car is on the bucket list for a number of people. However, a lot of factors need to be considered when it comes to buying a car; and one of the most important aspects that you need to deal with is the financing of the car. After all, it is not possible for a majority of people to purchase a car using their savings alone. That is why the most common way people buy new cars is through car finance or a car loan. Car loans are an extremely safe financial instrument that has made it easier for people to buy their dream cars.

Car Finance by Maruti Suzuki

While you can go to a bank or any other financial corporation to avail a car loan, India’s largest car manufacturer, Maruti Suzuki has introduced their very own platform, Maruti Suzuki Smart Finance , which is a one-stop destination for all your car financing needs across the entire range of NEXA cars.

Maruti Suzuki Smart Finance is a one-of-its-kind vehicle financing platform in the country that has been designed to enhance the car buying experience for all customers. The platform offers access to various loan options by a number of lenders that customers can choose from depending on the car of their choice, its variant, and so on. In addition to this, you can also search for a loan based on your profile, eligibility, location, and other requirements, thereby ensuring that you can choose the best.

Top Features of Car Financing

In general, car financing helps in making your car purchase easier. Some of the top features of car loans are as follows:

1. Flexibility of Choosing Tenure: While availing a car loan, you can choose the repayment tenure as per your convenience. The maximum tenure allowed might differ from bank to bank, but you are given the flexibility of choosing your repayment tenure.
2. No Collateral: One of the best advantages of getting a car loan is that you need to provide a collateral or guarantor. The vehicle you purchase using the car loan will act as security against the loan and in case you fail to repay the amount the car will be seized for recovering the same.
3. Good Interest Rates: Car loan interest rates are pretty affordable, making the EMIs easy to pay. In some cases, you can also negotiate the interest rates being offered if you have a good credit score.

Documents Required for Availing a Car Loan

While applying for a car loan, you will need to submit basic documents like –

1. Duly filled application form
2. Photographs
3. Identity proofs like PAN Card, AADHAR Card, and so on.

Benefits of Availing a Loan with Maruti Suzuki Smart Finance

Maruti Suzuki Smart Finance is designed with features and benefits to ensure your car purchase is completely hassle-free. With an EMI calculator that you can use to make an informed decision while choosing the right finance scheme, the platform offers benefits like customised EMI schemes, online document submission, quick loan disbursal, customisation of tenure and down payment, along with exclusive offers for car loans. If you are buying a NEXA car, then make sure you avail the services of Maruti Suzuki Smart Finance for a seamless car purchase.

A professional copy writer with 5 years of experience in writing digital ads for travel and automotive magazines and publications. A Bachelor of Arts from Delhi University with tilt towards art and crafts.