Advantages of personal loans
- You can decide for yourself who you buy the car from, which insurance you want, and who you sell the car to.
- You can borrow up to the entire purchase price and therefore do not have to pay a cash deposit.
Disadvantages of personal loans
- The interest rate may be higher because you do not provide any collateral for the loan.
- Your credit rating and ability to repay affect the amount you can borrow.
- The decrease in the value of the car can result in the part of the loan amount you have left to pay to be large when you sell the car. A private loan with a long term can ultimately lead to a high total cost of the loan and the debt thus becoming higher than the value of the car.
Whether you finance the car purchase with the help of a car loan or a private loan is up to you. Both loan types come with their pros and cons. We suggest that you sit down and think about which option suits you and your finances best. What is a Cab Loan?
What is a car loan?
A car loan is a loan that is linked to the car and not to the person who owns the car. With a car loan, special requirements are also placed on where you buy the car, its cost, age, and insurance.
What is the residual value of a car loan?
A car loan's residual value refers to the car's remaining value at the end of the loan period.
What is a personal loan?
A private loan is a loan that you as a private person can take out from various lenders without providing any collateral. You can then use the borrowed money for whatever you want.
How much can I borrow with a personal loan?
It depends, among other things, on which lender you turn to, your credit rating, and your ability to repay.
Changing the key to the key of worn out taxis
The spokesman of the Ministry of Security said: neck.ir system is ready to change the keys of 10,000 used taxi cars from tomorrow.
According to Mehr News Agency, Omid Qalibaf wrote on his personal page on Twitter: neck. ir system is ready to change keys for 10,000 worn-out taxi cars from tomorrow, May 9.
According to the spokesperson of the Ministry of Security, since April 26, this system has organized 29,000 used car quotas in the previous lotteries, from scrapping to delivery of new cars. This year, the speed of replacing worn-out cars will accelerate.
(09/07/1401) Last year, 2,000 taxis were supposed to be renovated, but about 1,000 taxis in Samand encountered problems, and due to the non-approval of the standards department, their number plates were stopped. Become a taxi driver. Now, a 70% facility is to be paid to the drivers based on a Qarz Al-Hosna loan and based on the resources of the city treasury, so that the purchase of Soren taxis at a price of around 276 million Tomans will be possible for these people. It should be said that priority will be given to the owners of the old Pikan, Pride, and Roa linear taxis.
Ali Mohtashmipour said about the process of renewing worn-out taxis, stating that the Samand Soren car was able to obtain environmental approvals for use as a taxi: "Iran Khodro has announced that it currently has 2000 Soren vehicles and we also plan We have made some arrangements to attract these 2,000 Soren cars as taxis in such a way that we are supposed to increase the loan for taxi renovation in the field of facilities.
The Technical and Operation Deputy of Tehran City Taxi Organization said: "Until the end of last year, taxi renovation loans were 90 million tomans with a five-year repayment period, which was paid through the Omid Entrepreneurship Fund and based on Note 18, but this year, with the removal of Note 18, this amount It was lost, and it was decided that for the time being, 2,000 facilities will be provided for these 2,000 devices through the internal resources of the municipality, and we will also see an increase in the level of facilities. So that at least this facility covers 70% of the final price of the car. The facility is supposed to be paid in the form of a loan and from the city's resources, which is Baitul Mal, and the past renovation procedure is not going to be repeated. This means that every taxi driver should be assigned this facility uniformly."
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