Thinking of buying a car? 5 things you should remember while taking a car loan

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Do not stretch yourself financially in your bid to buy a car. Make sure that your monthly car EMI payment is not more than 10-15% of your total income every month. Do not make this decision in haste, since buying a car is a long-term commitment, and could impact your overall budget for several years.

Source: September 22,2023, ET Wealth

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