Right time to buy car: When to do dealer visits, test drives and discounts!

Small hatchbacks make great first cars as they are easy to drive, easy to park, cheap maintenance costs, and delivers good mileage. With recent price increases, loan interest rate hikes and rising oil prices, the average payment for owning a car has swelled. You have arrived at the right spot as we discuss if this is the right time for you to invest in electrics or should you continue with the traditional ICE choices. Given the number of options available deciding the right car as per your requirement can be a tedious task. So, to make that less challenging we break down this decisive process in the simplest possible way to make your buying experience easier. So if you are buying a car at the end of the year, here is what you can expect and what you should do to get the best deals.

Dealers generally tie-up with insurance companies to offer car insurance schemes and to meet certain numbers before the end of the year. Consequentially, you may be offered better insurance rates as compared to the year’s beginning. Dealers may also offer free insurance schemes for some models, so that also amounts to savings. People get their tax returns that could be used as down payments for buying a car. Most companies pay their year-end bonuses by January that spurs the purchase of cars.

Are you aware of the discounts that you can avail during different time of the year. If not, know all about the suitable time that an individual might buy a car in India. You can get discounts up to 20% on the entire car or on parts, accessories and finance. December is the best time to buy a car because of discounts. Plan the purchase timing (festive season, year-end, new year, etc.).

(However, there are chances that you might not get any incentives for a brand’s hot-selling product). Car manufacturers start offering discounts in December, and it lasts till January. Usually, customers want to purchase the vehicles manufactured in the new year. But to clear the stocks, most carmakers and dealers offer attractive discounts on vehicles manufactured in the current year.

Tata Nexon

Will I get discount offers on a car that is just launched? Some carmakers launch a new vehicle with introductory prices to lure buyers. Generally, the introductory price will be valid for a limited time, and after some units are sold, the prices will be increased. As per Hinduism, any auspicious event should be performed during the Shubh Muhurat. Various muhurats are available in the Hindu calendar such as muhurat for marriage, Griha Pravesh, Mundan, and even buying a new car or vehicle.

On the downside, the waiting period for new cars may increase during this period due to the high demand and attractive pricing. Right before the start of the festival season, Maruti Suzuki offered discounts on the Ciaz, XL6 and Ignis. It is offering benefits of up to Rs 48,000 for all variants of the Ciaz sedan. The Ciaz saw a 29 per cent year-on-year drop in sales in August 2022.

Auspicious time to buy car/bike in May 2023

With our Consult Us car-buying service, we have made it even simpler so that you can buy the perfect car that suits your needs. But, have you ever wondered which is the best time for buying your new car? That’s exactly what we are going to discuss in today’s article. While Srivastava says Maruti Suzuki can shift production between models easily, some will have long waiting periods.

These offers come at a time when Tata Motors is shifting its focus to electric vehicles, targeting a five-fold rise in their sales by FY24. Buying a car in December means after a few days the car manufacturing year will look a year older. When buying a used car, normally buyers prefer a vehicle with the latest manufacturing year. So, you may get a lower resale value for a car bought with December 2022 manufacturing, compared to a car bought with the January 2023 manufacturing date. No doubt you are getting leverage while buying a car keeping in mind these points, however, there are more things that you should note.

Production Constraints:

These four constellations are also considered auspicious for driving a vehicle for the first time. One can also prefer other Nakshatra for buying a vehicle. It is more than a dream but now a statement to have a vehicle of your own. If you can bargain and convince the car dealer to provide almost all of the 7 discounts, then you can save more than 10% of the car price. We all like feature-loaded cars with a fancy sunroof, touchscreen music system, automatic gears, etc. Still, with money being a constraint, you will have to focus on the features you need.

• Before the introduction of a facelift, car showrooms offer discounts to clear the stocks.
• Thus, while buying and selecting we also have to save our money as much as we could.
• But why are February and March the best months to sell your car?
• So if you wish to propose to someone, you must ensure that the planet Venus is in a favourable position in your horoscope on that particular day to get the best results.

Not being ready before stepping onto a car lot can open the door to making a purchase you’ll later regret. So you should set your limits before you ever stop at a dealership. Most manufacturers traditionally announce price hikes for the new year. Model year change means some extra money to improve their financial health and 2023 is not going to be different.

When you know how much money you can spend on buying a new car, it can help you in assessing your loan requirement as well. You can choose the lender that offers you a car loan at the lowest interest, minimum or zero processing charges and margin requirement that fits your financial capacity. So, prepare financially first and then plan to buy a car because sometimes taking an automobile loan and paying monthly interest could burden you.

According to our research, much of the target population chose private vehicles over public transport services, including taxis. The consumers’ intent to buy their own cars increased exponentially, with 53% planning to buy a new one in the next six months. This was also aided by the fact that major car companies offered online and contactless services, which ruled out the possibility of any unsafe interactions. As semiconductor shortages disrupted the production of new vehicles over the last few years, demand for used cars surged, causing prices to skyrocket. But new vehicle inventory is finally increasing, taking some pressure off the used car market. Even as prices have begun to decline, deteriorating finances — largely due to inflation — have continued to deter some from the market.

Auspicious time to buy car/bike in December 2023

So, such times are considered the best time to buy a car and you can expect the best price for your new car during this time. This is a question that every best time to buy cars in india person who visits the dealership would have asked the staff at least once. Manufacturers offer discounts on their models depending upon the month.

Don’t be aggressive and deal very carefully and wait several minutes at each step. October to December is the best time to purchase a car in India. During this time, the car showrooms will be clearing the stocks of outgoing models and will offer heavy discounts and additional benefits. Manufacturers keep rolling updates and launching facelifts during the life-cycle of a vehicle.

I booked the scooty 12th November 2019, also tell me time n date. On day of Shradh – The Eldest male member of the family takes an early morning bath, wear new clean white clothes , does pind daan and takes Sankalp. Brahmins and Priest are been called to give Brahmin Bhoj or food been sent to Mandir on the day of Shradh. Also, food been given to cow / dog as cow / dog is a sacred animal as per Hindu Mythology.

If you are planning to keep the car for a longer period of time, then you might end up with a very good deal. You can pick up the same car next year January as well and that too with better discounts. Manufactures also offer discounts on their models when they launch a facelift for an existing model. Car manufacturers facing production constraints is not news anymore, as many fear, it might be a norm for some time. You must have read many news articles on Times Drive, about manufacturers adding shifts at their plants or diverting the low-selling model production capacity towards high-demand cars.

You may not be buying the car of your dreams, but you could be living with your choice — and making payments on it — for years to come. The total cost of owning your vehicle, including your loan payment, shouldn’t exceed 20% of your take-home pay. Although some costs can’t be significantly reduced, you can minimize others — such as future maintenance, repairs and fuel — with the right car. Aim to keep your monthly loan payment below 10% of your take-home pay, and if you’re buying a used car, keep your loan term under 36 months. Its a belief that whatever food been offered to Brahmins, cow and dog are been offered to the ancestors through this medium. The positive vibes created by all this reaches the ancestors.

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