The Features That Make A Difference to a Car Loan
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Companies offering car loans will keep on pursuing you to take loan from them and each of them will claim to have the best policies and terms & conditions to serve you. However, not all these loan packages are equally good. If you are to grab the best deal, you need to pick up a car finance package based on the following features or criteria. The Annual Percentage Rate (APR) When shopping for a car finance the first and foremost factor to look for, is the APR or Annual Percentage Rate (APR). The APR represents the interest amount you will have to pay for the loan during its entire term. Naturally, when you avail a loan with a higher APR, it will make a difference of quite an exorbitant amount at the end of the day, as far as the monthly EMI is concerned. Thus, with a loan package with a higher APR, you will have to pay a larger amount of money while for the one with a lower APR, the amount of money you pay every month for the car finance package in Geelong will come down. Mont