Buying a used car on EMI is an affordable alternative to purchasing a brand-new vehicle. With low down payments and manageable monthly installments, this option is popular among first-time buyers and budget-conscious individuals. Many banks, NBFCs, and online platforms offer tailored used car loan products. Interest rates vary based on the car’s age, your credit score, and the loan term. Online EMI calculators can help you choose a suitable plan. Getting a used car on EMI means you can enjoy ownership, avoid public transport, and build credit—all without straining your finances.
