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Financial FAQs Page

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GST does not apply to the used car loan itself. But it does come into play around certain charges linked to the loan.
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Most buyers assume they would require every document from the seller when applying for a used car loan.
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While a valuation certificate is not mandatory, it comes up in most used car loan applications because lenders want a clear idea of what the vehicle is actually worth.
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A used car loan is usually disbursed only after the lender completes a set of routine checks on both the borrower and the vehicle.
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Lenders don’t take odometer tampering lightly.
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Lenders do finance cars that run on CNG or LPG, but they look closely at how the fuel system was added and whether the paperwork is fully updated.
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Most lenders do consider used cars with aftermarket modifications.
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