October 22, 2024

Why Buy New? Drive a Second-Hand Car on EMI with Hulas Finserv

Four wheeler loan

why buy new? drive second hand car on emi

Having your own private vehicle is important for navigating busy roads quickly. With increasing pollution, owning a car helps reduce some of the discomforts associated with it. However, buying a brand-new car in Nepal is costlier. Thus, going for a second-hand car on EMI (Equated Monthly Installment) is comparatively affordable and easy. It allows one to own a car while spreading the cost over time and makes the car more affordable.
Why Choose a Second-Hand Car?

Table Of Contents:

Why Choose a Second-Hand Car?

Drive a Second-Hand Car on EMI with Hulas Finserv

Steps to Drive Your Second-Hand Car with Hulas Finserv

  • Research Your Options
  • Check Your Budget
  • Apply for EMI
  • Receive Approval
  • Finalize the Deal
  • Drive Home Happy

Conclusion

FAQS

Why Choose a Second-Hand Car?

Buying a second-hand car with EMI is a wise decision for several reasons. It’s a great way to get the car you need while spending less. Here’s why it’s a good idea:

Affordable Price

Second-hand cars are much cheaper than new ones. Therefore, one can easily get a good car without necessarily paying an expensive price for it. The biggest hit on the price has already been taken by the previous owner; hence, you save a lot of money.

 Slower Depreciation

New cars depreciate fast, and most of their loss in value occurs within the first few years. Once you purchase your used car, you will already have taken that huge hit. Your car will not lose its value over time as much.

Cheaper Insurance

Insurance for used cars is usually less expensive than for new cars. Since the older car costs less to insure, you save more money.

Flexible Financing Options

While new cars often come with promotional financing offers, flexible loan options are also available for second-hand cars. These can help you manage your budget better while getting the car you need.

These factors make buying a second-hand car on EMI a cost-effective and practical option.

Drive a Second-Hand Car on EMI with Hulas Finserv

With Hulas Finserv, you can drive a reliable second-hand car on EMI. With us, you can finance up to 60% of the total cost of second-hand cars. This allows you to drive away in a quality second-hand car on EMI with minimal upfront investment.

Loan Details for Second-Hand Cars

  • Loan Amount: Up to 60% of the total product cost
  • Tenure: 60 months
  • Interest Rate: 13%

We will also provide EMI plans for new cars.

Loan Details for New Cars

  • 50% of total product cost: 13% interest rate with 60-month tenure

Hulas Finserv makes it simple to get behind the wheel with competitive interest rates and flexible EMI options. Our financing options for second-hand cars on EMI offer significant savings, giving you more financial freedom to drive the car you want.

Note: Rates are subject to change from time to time. Please read the documents carefully before proceeding.

Steps to Drive Your Second-Hand Car with Hulas Finserv

Following the below steps, one can easily purchase a second-hand car on EMI with Hulas Finserv. 

Research Your Options

Start by researching the type of second-hand car you want. Consider factors like model, mileage, and condition.

Check Your Budget

Calculate your budget, including the EMI, insurance, maintenance, and other costs.

Apply for EMI

To apply for an EMI loan, visit the Hulas Finserv website or contact customer service. Provide the necessary documentation and complete the application.

Receive Approval

Once your application is processed, you will receive approval. Hulas Finserv aims for quick turnaround times, so you can expect a fast response.

Finalize the Deal

Once you’ve chosen your car, complete the necessary paperwork and finalize the loan with Hulas Finserv.

Drive Home Happy

Once the paperwork is done, you can drive home in your new second-hand car, knowing you made a wise financial choice.

Conclusion

Owning a car enhances mobility and lifestyle, and with Hulas Finserv, financing a second-hand car on EMI is easier. Enjoy the advantages of a more affordable vehicle while benefiting from a flexible and user-friendly loan process. Take the leap, and get ready to hit the road with your new ride.

For more information, visit Hulas Finserv’s website and take the first step towards driving your dream second-hand car today.

FAQS

What is a second-hand car on EMI?

A second-hand car on EMI means you can buy a used car and pay for it monthly instead of all at once.

How much can I finance with Hulas Finserv?

Through Hulas Finserv, you can get financing against uvp to 60% of the overall cost of the second-hand car.

How long is the time for repayment?

The repayment time for a second-hand car that has availed of EMI is up to 60 months.