By applying these strategies, you can enjoy the benefits of car ownership without straining your<

The 2nd hand car loan interest rate you secure determines how much you’ll end up paying beyond the vehicle’s actual cost. Fortunately, with the right strategies, you can keep this rate in check. Maintaining a strong credit score is key, as lenders view you as a low-risk borrower and may offer better terms. Choosing a shorter loan tenure is another proven way to reduce total interest paid, even if the monthly EMI is slightly higher. Making a larger down payment upfront can significantly lower your principal amount, cutting the interest burden over the loan term. You can also keep an eye out for festive offers or limited-time promotions from trusted lenders. Bajaj Finserv, for example, provides competitive rates, transparent charges, and quick approvals, ensuring a smooth borrowing experience. By applying these strategies, you can enjoy the benefits of car ownership without straining your budget.