Buying a car in Egypt CONTACT CARS???

Goticona80 · 2015-11-24T11:27:01+01:00

Explore options for buying a car in Cairo, Egypt, including financing through Contact Cars. Get insights on new vs. used vehicles and auto loans.

Goticona80 Member

Member since 30 September 2013

Goticona80Member24 November 2015 09:27:01

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!

Fadi Louis Member

Member since 06 November 2015

Fadi LouisMember25 November 2015 14:33:48

hi i suggest if u too a personal loan from the bank so u can sell your car anytime u want

Fadi Louis Member

Member since 06 November 2015

Fadi LouisMember25 November 2015 14:34:45

but if you bought your used car through contcatcars or any bank you cant sell it unless you pay all the credits

Goticona80 Member

Member since 30 September 2013

Goticona80Member26 November 2015 06:22:20

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 New member

Member since 07 January 2016

Sphinx777New member07 January 2016 13:31:57

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 Guest

BecoGuest03 February 2016 19:01:19

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