@takko
What do you think about this?
Today I got a call from DIB and he told me about the installments and stuff and did some calculations.
Cost Price: Rs.825,000/-
Down payment(15%): Rs.123,750/-
Tenure: 5 years
Monthly Installments: Rs.19,800/-
Total price of car after 5 years: (5x12)x(19,800)+123,750= Rs.1,311,750/-
I think its going way to expensive. I cannot sell the car unless I pay the full amount of the car that is 1,311,750 rupees. I think its useless to finance a car.