Law and You (128) Financing a car, things need to know
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End of financial year may be a good time to buy a new car or change it to another one better. There are many offer from dealers about bonus incentive such as 1%, 2% interest, even 0%. However, financing a car or car loan is very much similar to a home loan, you should consider the terms, repayment, and the lenders. If it is a used car bought through private transaction, you also need to ensure the car you are going to buy is clear of finance loan if you don't want to pay for it or loose it to a mortgage after.
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