At Karmax, we feel pride on ourselves on transparency throughout the car buying process, including the financing process. To this end, we have gathered information to help you understand how creditors make decisions to give you a car financing offer. These decisions are based on three main factors:
Vehicle Selection: Cost, Age and Mileage.
Application Information: Employment Residence and income information.
Down Payment: Total of cash and trade equity.
To get the best car financing offer, you should select a vehicle that fits your budget and provide as much down payment as possible. These two factors alone may increase your likelihood of approval, could improve your offer, and it will reduce your monthly payment.
Factors affecting your monthly payment
Term or Length of Contract
EMI (every Month Interest ) Rate
The following illustrates the impact of each
Amount Financed: 1,00,000 Rs.
Term: 60 Months (5 Yrs.)
Amount Of Finance
Terms in Month / years
90 / 3yrs
90 / 3 yrs
Base Examp [...]
Check the car in broad daylight.
To check if accident or not: ensure the entire factories Seals are intact all over the car( door panels, boot, under the hood, roof etc.
Check for paint Touch-ups, fading of colors, if it is start investigating what’s the reason behind it.
All 5 tires, if original it should have the manufacturing date, as tyres don’t wear out before 45000 Kms.
Check all the Electrical lights in working condition or not.
Check the seat movement and the features given by the company in working order.
Check the seat belt functionality.
Check all indicators, vipers, lights instruments are in working condition.
Check all doors locking system, windows, & windscreen condition.
Check the air condition system
When you start the vehicle examine the noise of it, just in case it makes any abnormal noises.
Check hand break functionality
Check clutch and brake while driving for its effectiveness.
Check the steering response while driving and look for gliding sideways on road while driving.
Close all windows and look for abnormal noise when car is in motion.
Check the Gears while changing them, & notice in case of abnormal noise and check for the drop of
Quality is Religion, Maintains High standards, No Compromise in Quality honest & on the Spot Payment on Purchase.
Quality at Karmax makes us Unique just like our name.
East, West, North & South is searched countless evaluation, background checks, rigorous inspections ensure that only the best used cars can become part of our Karmax Cars, We are so confident & knows our product Quality that we stand behind every car with a Guarantee Certification.
Slogan: for front page along with hd pictures on the banner.
Quality Of Service ~ We Guarantee Best prices for second hand Cars.