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Are there any Disadvantages of taking Car Loan for small dur

 
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ricky2



Joined: 12 Jan 2012
Posts: 78
PostPosted: Mon Feb 06, 2012 9:55 am    Post subject: Are there any Disadvantages of taking Car Loan for small dur Reply with quote
Hello Experts/TBhpians,

Are there any disadvantages of taking car loan for small duration, say like 2 yrs or even 1 year ?
I am currently staying with my parents, so dont have that much spending.
Can take off max about 25K for loan EMI per month from my salary.
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