CAR LOAN BASIC DEFINATION
Car loan is given for purchase of new car .
You can also take car loan on existing new car
TAKING CAR LOAN -LOAN DECISION
CAPITAL INPUT -REPAYMENT OF CAR LOAN
As prudent financial decision we should exchange our finance productively to achieve better financial .
Capital input is future repayment in exchange of current capital
Capital input should be lower
CAPITAL OUTPUT -CAR LOAN
Capital output is what capital you will get in exchange of future repayment .
Improve your car output by considering following
IMPORVE CAPITAL INPUT
COMPARE VARIOUS Capital Input Method to reduce your capital input .
Understand Risk and Return and Capital Saving by applying following methods
PRODUCTIVE USE OF CAR LOAN
Understand productive use of car loan is related with car .As car is associated asset productive use of car will cover productive use of car loan.
Swift to cheaper car loan is also productive use of capital .
Base of alternate finance you can decide whether you will get cheaper car loan alternative.
You can change your decision base on lower amount of capital deployed .
Productive use of car is base for productive use of car loan
RESOURCES REQUIRE
Understanding of various other resource require taking a car loan
FACTORS AFFECTING CAR LOAN
FINANCIAL INSTURMENT DATA MODEL -CAR LOAN
CLUSTER OF RELATED LOAN -CAR LOAN
While taking any financial decision you should consider various related loan to car loan
COMPARATIVE ANALYSIS OF CAR LOAN EXPENSES
Comparative Analysis of related loan will help you to control various other loan and improve your car loan performance
REPAYMENT OF CAR LOAN
Car loan repayment decision should be taken when car become unproductive.
FINANCIAL EFFECT OF TAKING CAR LOAN
Understand financial effect of a car loan on your current financial
CREATE FUND FOR EXISTING CAR LOAN
YOU HAVE EXISTING CAR LOAN .NOW YOU WANT TO REDUCE YOUR CAR LOAN SO HOW YOU CAN DO IT .
YOU CAN START CREATING FUND TO REDUCE YOUR CAR LOAN .ONCE YOU CREATE FUND FOR YOUR CAR LOAN
YOU CAN SAVE INTEREST ON CAR LOAN .
AVOID CAR LOAN
YOU CAN AVOID CAR LOAN BY CREATING FUND FOR BUYING CAR IN FUTURE .
YOU CAN BUY CAR AFTER CREATION OF FUND.
SO YOU CAN SAVE INTEREST AMOUNT .
COMPARE OPPORTUNITY COST OF INVESTING INTO SAVING ACCOUNT
NEW CAR LOAN
YOU DECIDE YOUR THAT YOU ARE BUYING A CAR.
LETS BUY IT .
LEARN FINANCIAL EFFECT OF BUYING A CAR