Can we sell leased cars?
Yes, one can easily sell the leased cars after the end of the contract. This means once you are off the hook, you can make the settlement and then look for other cars for lease.
What is the difference between finance and leasing?
There are fundamental differences between finance and leasing. While leasing involves a contract and an initial deposit, finance doesn’t need any of these. Other than that, while you lease a car, you do not need a bank loan, but it is necessary during finance.
What is leasing?
The term leasing is used when you want to rent a car but for a longer duration. A contract binds the whole process, and one has to pay structured monthly mortgages until the end of the agreement.
What is repayment holiday?
A repayment holiday is a period agreed with the lender when you don’t make repayments of the loan. These are helpful if, for any chance, you lose your job or your current circumstance change.
Can I get a joint loan?
Yes, you can get a joint loan with someone else; however, both of you must share the same address.
How long does it take to apply for a…
Applying for a loan online can happen in minutes if all your details are ready. However, some secured loans take longer as lenders will need to evaluate the property.