Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs

SUPPORT

Menu  
 
Apply Now
Apply Now

Tata Capital > Blog > Loan for Vehicle > Are Used Cars with CNG a Good Choice in 2023?

Loan for Vehicle

Are Used Cars with CNG a Good Choice in 2023?

Are Used Cars with CNG a Good Choice in 2023?

Are you tired of scouring the internet for a vehicle that fits your budget and doesn’t wreck the environment? Here’s the perfect solution to your car purchase worries: CNG second hand cars.

Check out this brief guide for understanding the benefits and drawbacks of a used CNG vehicle.

Benefits

The price factor

CNG used cars are economical compared to petrol or diesel variants. The vehicle is light on your pocket and scores more than traditional fuel types in reducing the negative impact on the environment.

An eco-friendly alternative

Gases emitted from diesel and petrol cars are harmful to the environment. Studies indicate that emissions of carbon monoxide are reduced by nearly 80% in CNG powered cars. Besides, CNG vehicles also produce 45% less hydrocarbons than their counterparts.

Meanwhile, emissions from CNG cars are relatively much less harmful and do not produce heavy metal or sulfur traces.

Ideal for used car’s engine

One of the cleanest fuels, CNG, doesn’t leave much residue. This feature allows little or no damage to the car’s engine and pipes, enhancing your engine’s lifespan. Besides, less contamination means fewer visits to the car shops.

Additional Read: List of Cars with Pre-Installed CNG Kits

Lower maintenance costs

Nowadays, a used car loan can easily finance your purchase, leaving minimal scope for any upfront charges. But for a car with rigorous daily use, the more you can save the better. Due to limited damages to the engine and the motor oil, maintenance expenses drop extensively with a CNG car. Although regular car servicing is a must, CNG fitted vehicles will save you from frequent oil changes and tune-ups.

CNG: A safer alternative?

An evident difference between CNG and its counterparts is its liquid form. As a gas, it scatters and diffuses if there’s a leak. Besides, the CNG’s ignition point is high, nearly double compared to diesel or petrol, diminishing any risks of fire hazards.

Drawbacks

  • A significant shortcoming is the limited number of CNG stations in India as it can be tricky to find a CNG station nearby when in need.
  • If a car already has a diesel/petrol version, its CNG counterpart is likely to be costlier. Similarly, if the vehicle isn’t CNG fitted, additional expenses will apply for converting it into one.
  • The CNG kit takes up space, meaning the luggage space becomes limited.
  • While CNG vehicles are eco-friendly, their cost and performance can be on the high-end.

Despite a host of benefits, the popularity of CNG cars in India is recent. The mounting demand can be attributed to fluctuating fuel expenses, general awareness to prevent pollution, various government initiatives, and ease in finance management.

Additional Read: Best Cars for Middle-Class Family in India

Over to you

Do you want to purchase a second-hand CNG vehicle but are falling short on funds? If yes, then a used-car loan from Tata Capital can help!

We offer pre-owned car finance at attractive used-car loan interest rates, flexible repayment terms and comfortable tenures.

Before applying for used-car finance with us, you can also use a used car loan EMI calculator to plan your monthly instalments in advance.

To know more about our used-vehicle finance offerings, visit our website today!

Apply Now

Your Smooth Ride Awaits: Take a Quick and Easy Vehicle Loans!

Apply now
Popular Searches
safest car in india car down payment pdi full form tax benefit on car loan pdi checklist best cng mileage car sedan cars under 10 lakhs what is adas top rated electric cars best sedan cars in india
More About Loans
bike emi calculator two wheeler loan bike loan interest rate second hand car loan second hand car loan interest rates vehicle loan 2nd hand car loan emi calculator loan against car new car loan bike finance documents 2 wheeler on emi apply for used car loan
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools