Used Car Loan: Unlock Value, Drive Opportunities
Did you know your car can do more than just take you places? With a Used Car Loan, you can unlock the value in your vehicle and access low-cost, affordable funds for almost any financial purpose.
Whether you are looking to grow your business, renovate your home, pay for your child’s post-secondary education, or take that long-overdue overseas vacation, your car can help you get there… financially.
By taking out a loan over your used vehicle you can get up to 150% of the car’s valuation at attractive interest rates. A smart personal finance solution that offers flexibility to raise funds without selling your vehicle!
Features of Used Car Loan
- Covers a Wide Range of Vehicles : Includes all kinds of cars — from hatchbacks to MUVs and SUVs — as part of the pre-owned car loan category.
- Eligibility for Older Vehicles : Loans are eligible for vehicles up to 7 years, making it easier to finance a wider selection of used cars.
- Low Interest Rates : Lower rates than unsecured loans will make your repayments cheaper.
- Minimal Documentation : Minimal documents required makes the loan quick and with minimum hassle.
- Quick Disbursal : Rápido processing means you will get your funds disbursed quickly, ensuring you can carry out what you need without a financial delay.
- Flexible Usage : Do what you want with the loan amount for the purpose of business or personal finance, without any end-use restrictions.