Hello Everyone!
Hope you are all well!
I have some questions regarding buying a new car in Egypt. I have been recently suggested to finance a car through Contact cars instead of bank. I am not necessarily looking for a brand new car,it could be a little used ( few years) and they told me that this Contact cars, has both. How does it work, what is it???
I would like to know please what is the difference between the 2 and what are the advantages/disadvantages of both...In other words, which one to choose to get an auto loan?
Thank you for your help!
Buying a car in Egypt CONTACT CARS???
Goticona80
24 November 2015 11:27:01
2
Fadi Louis
25 November 2015 16:33:48
14
hi i suggest if u too a personal loan from the bank so u can sell your car anytime u want
Fadi Louis
25 November 2015 16:34:45
14
but if you bought your used car through contcatcars or any bank you cant sell it unless you pay all the credits
Goticona80
26 November 2015 08:22:20
2
Hello Fadi,
i know how it works. I didn't ask what are the options, i just would like to know what is the difference between an auto loan taken from contact cars and what is from bank.I know how all the rest works. I cannot take private loan.So i must stick with auto loan, but i am wondering if more convenient/faster with contact cars or a bank. Can you advice?
Sphinx777
07 January 2016 15:31:57
5
my experience:
choose the model, and set the price....contact cars is best
get a car loan form the bank, not via intermediate
good luck
Beco
03 February 2016 21:01:19
0
See for banks u can take a personal loan or a car loan but if u choose a car loan it must be a new car cant be used .. But contactcar can proovide u both options but they still have criteria for used cars
Subscribe to this topic
Articles to help you in your expat project in Cairo
Transportation in El Rehab City
Transportation can seem limited when you live out in Rehab City. Here are a few things I figured out.
Transports in Egypt
Wondering how to move from one area to another during your stay in Egypt? Find an overview of the Egyptian ...
Transports in Cairo
Subway, taxi, bus, etc... These are the most popular means of transport available in Cairo. Find out more in this ...
Opening a bank account in Egypt
Looking forward to open a bank account in Egypt? Find out how to proceed in this article.
Leisure in Egypt
Wondering what you can do during your leisure time in Egypt? Movies, football, diving, culture and history... Feel ...
Water Safety in Egypt
The government claims the tap water is safe; however, every recommends that you do NOT drink it. It is best to ...
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"