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Is it wise to take a car loan in the age of your 20s? Or is it advisable to take a second hand car with savings?
But also shouldn't it also be wise to buy a new car at once only with some amount of loan and some amount of savings at once?
Will I get any benefit or anything if I opt for taking a loan for the first time or anything of that sort? Will I get any advantage?
It is advisable that you should go for a second hand car, as you can make its payment in one go from your savings. Also, instead of paying emi you can invest the same amount.
Yes even I am thinking that investing might give me more benefits instead of just filling my EMIs
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