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Purchase used cars from organised players

It helps secure loans faster. However, ensure that documentation and registration have been done

Purchase used cars from organised players
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Priya Nair
There is no dearth of lenders willing to extend loans to those looking to purchase a new car or four-wheeler. In fact, a representative from the lender might be present at the showroom itself, willing to help with documentation and processing. But if you are looking to buy a used or second-hand car, getting a loan is not as easy. It is not that banks and non-banking financial companies (NBFCs) don’t offer loans for these cars. It is the lack of transparency in this segment that makes them wary.
 
The used-car market is highly fragmented and there are no