THE NEW SKODA FABIA NICE CAR, it has now become much more difficult for prospective buyers to get finance to purchase cars. Banks and finance companies have also been taking longer to process car loans. Compared to a few weeks ago where you could finance your car within a couple of days, it now takes up to 10 days and very often results in a refusal to fund the purchase.This is having a negative effect on car sales with buyers bei ng forced to postpone their purchases. finance a more expensive and difficult proposition for buyers. Some dealers report that even after loan applications have been cleared, the bank or finance company refuses to make the payment since many of them are currently experiencing a cash crunch.

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Leading players like Mahindra & Mahindra Finance and Reliance are believed to have stopped disbursing funds for car finance for the moment. The hope is that the upcoming festive season and the launch of new models would help ease this situation and make car finance easier to obtain.In addition to this, if you're also planning to fund your Fabia through a loan, the five percent loan payout discount ensures.