Is It Better To Buy A Used Car With Cash Or Finance?

Is It Better To Buy A Used Car With Cash Or Finance?

Taking finance or paying cash for a second hand car should depend on your budget and requirement. A loan for a used car is considered a better option as it does not burden your finances, and allows you to pay off the cost of the vehicle in easy monthly installments over a certain tenure. If you have a good credit score, you can get a lower interest rate on the used cars loan, making the finance option better.