As per the market sources, interest rates on loans for new and used cars remained same for another week. The rate of loan for a 60-month new car is still 4.22%, whereas a new car withthe age of 48-month and 36-month had the rate of loan at 4.13% and 4.03% respectively.
The scenario remained the same in case of used cars in India loan rates, with the average 36-month loan staying at 4.72% and the average 48-month loan remaining at 4.73%.
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The scenario remained the same in case of used cars in India loan rates, with the average 36-month loan staying at 4.72% and the average 48-month loan remaining at 4.73%.
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