There are two different reasons and advantages of choosing car loans in India. First, cars are expensive. It is an expensive investment which is generally not completely affordable in the case of a typical middle class Indian. While his savings may account for a large chunk of the vehicle’s purchase amount, the aforementioned purchase should be covered by the amount provided by the car loan as a significant portion. Secondly, heavy purchases (such as buying a car) with liquid cash can get you on the radar of the IT department, in addition, you lose the chance to subscribe to a car loan and build important credit history by following the religious repayment cycle. Credit history thus made, will help you purchase more credit in the future. Therefore, car loan in India is the most secure and safest way to buy your ideal vehicle.