Global automobile companies like Mercedes, Hyundai Motors, Fiat, Ford, Toyota, etc., have stepped into International markets. Now Indian automobile companies like Maruti Suzuki, Tata Motors, Hindustan Motors, Mahindra, etc., are also recognized as global manufacturers and keep on bringing new automobiles into the international market. This shows that people worldwide are investing a lot in various car models launched by several manufacturing companies. Whether it is a car or bike, automobiles have become a possession of flaunting one’s personality.
No doubt, people spend a lot on automobiles; in such a situation, automobile insurance becomes indispensable. Expensive cars and road bikes are no longer a necessity. Now they have become an inherent part of one’s personality. Your precious automobile requires safety, proper care, and our great vigilance. Also, vehicle theft is almost common in all the world countries and can cause you a loss of a hefty sum of money, f, by chance, you lose your vehicle.
In addition to these, the possibility of road accidents, whether you live in any part of the world, is something you can not deny. Here is when Automobile insurance comes into play. Automobile insurance safeguards you against any such heart-reckoning situation, leading to the loss of your costly vehicle earned by your hard-earned money. Nowadays, with the facility of the internet, you can apply for automobile insurance online. Online automobile insurance makes an easy and less expensive way of getting your vehicle insured.
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Besides this, your dream of owning a luxurious car has now become easy through the various car loans being offered. With the car loans facility, you can buy a brand new SUV, MUV, jeep, or even a small car. The new car loans provided by the various banks and financial firms enable consumers to own the latest model of cars from various manufacturers, like: Maruti, Hyundai, Tata Motors, Fiat, Ford, Honda and many more. The size of the car loan usually depends on the type of the vehicle whether it is standard or premium, the percentage of financing and the cost of the vehicle.
In case of a new car a loan of up to 90% of the total cost of the car can be availed. Normally the tenure of repayment of the auto car loans can vary from 1 to 5 years, but some banks offer a flexible relaxation of up to 7 years. Auto Loan Calculator estimates the overall cost of purchasing a car, including the sales price, sales tax, and the many charges and fees that are thrown on you when you finally decide to make the purchase.