Used Car Loan Financial FAQs
Secure the one of the best used car financing with our detailed FAQs. Access clear, concise information to make informed loan decisions.
- Posted:12th January, 2026
- Updated:12th January, 2026
ShareShare
https://www.shriramfinance.in/financial-faqs-used-car-loan
50
GST does not apply to the used car loan itself. But it does come into play around certain charges linked to the loan.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
- Share
Share
https://www.shriramfinance.in/financial-faqs-used-car-loan - 52
Most buyers assume they would require every document from the seller when applying for a used car loan.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
- Share
Share
https://www.shriramfinance.in/financial-faqs-used-car-loan - 50
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.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
- Share
Share
https://www.shriramfinance.in/financial-faqs-used-car-loan - 61
A used car loan is usually disbursed only after the lender completes a set of routine checks on both the borrower and the vehicle.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
- Share
Share
https://www.shriramfinance.in/financial-faqs-used-car-loan - 54
Lenders don’t take odometer tampering lightly.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
- Share
Share
https://www.shriramfinance.in/financial-faqs-used-car-loan - 52
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.
Read More - Posted:12th January, 2026
- Updated:12th January, 2026
- Share
Share
https://www.shriramfinance.in/financial-faqs-used-car-loan - 50
Most lenders do consider used cars with aftermarket modifications.
Read More Popular FAQs
- Can I use collateral other than the car itself?
- Can I use business income proof for a personal car loan?
- Can I take a loan for a car under company ownership?
- Can I negotiate the used car loan interest rate before final approval?
- Can I get a used car loan for vintage or classic cars?
- Can I get a loan for a car that’s already under hypothecation?
- Can I get a loan for a car older than 10 years?
Loan Preview
Most Viewed FAQs
- How do I check my loan balance?
- Can I schedule future payments for my municipal bills online?
- Are rewards taxable income?
- Can I use my rewards for travel and accommodation bookings?
- Can I redeem rewards for cash or only for specific items?
- How do I sign up for a rewards program?
- Are there any restrictions on using earned rewards?
- Can I transfer my rewards to someone else?
- Do rewards programs have expiration dates for earned rewards?
You may be interested in
- Home
- Financial FAQs
- Used Car Loan FAQs
