Hello guys,
i am planning to buy a bike in next few days . I have two options , either to buy with cash payment or go for a two wheeler loan at 11% interest . Loan amount would be around 1.1 lac , with down payment of 40K . I have around 2 lac Rs in my savings account . And i dont forsee any more spending in near future .
My question is should i buy with cash or go for a loan ? It would be great if you guys can help me out
Regards,
Vivek Soni