How do you calculate a used car loan interest rate?

Several factors influence your used car loan interest rate at Mahindra Finance, including:

• Your credit score: A higher credit score typically qualifies you for a lower interest rate.
• Loan amount and term: Longer loan terms or larger loan amounts may result in a slightly higher interest rate.
• Car age and condition: The age and overall condition of the used car can also impact the interest rate offered.