We recently booked a vehicle, a Suzuki Wagon R. I had been thinking about this vehicle for a long time now. Finally with my marriage, I got a chance to get it. (Psst, I’ll tell you, getting married is not all that costly affair. All the cash I received in my wedding has significantly contributed to my heavy expenses, Wagon R being one of the.) So there it is, I landed in Mumbai from Shimla, en route Delhi on 3rd. The first thing that my wife asked was a car, and my condition was like… WHAAATTTTTTTT! Chill, I’m a rich guy. 😉 So we walked in to this showroom nearby our house, got the deal finalized, worked out the down payment and decided to book it… then and there.
Well it started off with us trying to know how much are the banks gonna suck out of us. And we decided that the showroom was providing the best rate to us and we will go with it. But then the people who have absolutely nothing to do with you and your wishes are the ones who fancy giving advices the most. It almost led to a big fight with my wife. Thankfully a cool headed guy that I am, I decided to overturn. Most of these guys argued that the interest rates we were paying were phenomenally high. However the idiots didn’t know that for a poor guy like me, who can pay the lowest possible down payment actually couldn’t afford any thing else. When you say that the interest is cyclic, it means lesser the loan amount, lesser will be the rate of interest. It took lot of patience for me to make my wife understand that. Anyway, it wasn’t over there. The banks are after all banks. Even if there is a cut throat competition, they will still take there leisurely time to process your application. The best part was, we applied for a loan in a public bank. Wallah!
I don’t understand, what difference does it make if you submit a telephone bill instead of an electric bill for an address proof? And who uses a ration card these days? Interestingly, the one I had seen in my home (parents) was a hand written card with names of family members written at the back page. Any guy could easily add one or two of them in the same card. It is very surprising and stupid. Never mind. The condition right now it, I’m still waiting for my car to come. The loan took almost 2 weeks to get through, and not the showroom and RTO combine are eating my remaining time.
Never knew buying a car would be such a time wasting exercise.