Many people consider Diwali as an auspicious occasion to buy a new vehicle. Currently, car manufacturers and dealerships are offering great discount deals on cars. If you’re preparing to buy a new car this holiday season, this is a great opportunity. There are vehicles with all types of powertrains available in the market like electric, CNG, petrol and diesel which you can buy as per your requirement.
Buying a new car is like an achievement for the middle class. Once you buy a car, people don’t think about changing it for years. It is therefore important to take care of certain things when buying a car, so that you do not have to regret in the future.
so today news of need We’ll talk about what precautions to take when buying a car this holiday season? You will also learn that-
What types of scams can dealers commit during festive sales? What things should be checked before buying a new car?
Expert: Tutu Dhawan, automobile expert (New Delhi)
Question: What type of fraud can dealers commit while selling cars during the festive sale? answer- The demand for new cars is highest during the Diwali festival. In such a situation, car dealers want to liquidate as much inventory as possible. To woo people, they are offering great discounts and cashbacks during the festive season. However, some resellers can also mislead their customers. Under the guise of festive season deals, defective cars can be sold to customers, for which the latter have to visit showrooms to get them repaired.
Understand from the graph below what type of fraud scammers can commit during the holiday season.
Question – What things should you keep in mind before buying a new car? answer- Auto expert Tutu Dhawan says buying a car in today’s era is a costly investment. Therefore, everyone wants to buy a car that has good mileage, latest features, low maintenance and is priced within their budget.
It is very important to plan all these things before buying a car. There are hundreds of car options available in the market, so sometimes it becomes very difficult to make a decision. Therefore, before buying a car, one should keep in mind the things shown in the chart below.
Let us understand some of the points given in the chart in detail.
Keep the fixed budget in mind The price of a normal family car starts between Rs 3-4 lakh. Therefore, before buying a car, decide your budget and how much you can spend. Keep in mind that the ex-showroom price of the vehicle is only its starting price. After that, there are also expenses like RTO, insurance, road tax, logistics charges, number plate charges. This can significantly increase the on-road price of the car.
understand your needs Before buying a car, decide what your needs are. For example, if your family has 6-7 people, it is better to buy a large car like an SUV. If you have a small family, you can buy a small car accordingly. Always keep in mind that the larger the car, the higher its maintenance costs will be. Therefore, do not fall prey to deals and discounts and just prioritize your needs.
Companies offer many types of additional insurance when purchasing a car. These additional offers only increase the cost of your premium. Therefore, purchase an insurance policy according to your needs. Apart from this, carefully read what is covered in the insurance policy and understand it in detail from your dealer.
Keep your budget in mind when buying a car on EMI If you want to buy a car on EMI, first read the terms and conditions of the financial agreement carefully. Clearly understand the loan tenure including installment, monthly EMI and interest rate.
Experts say that auto EMI should not exceed 10% of your monthly income. For example, if your monthly income is Rs 2 lakh, then EMI should be around Rs 20,000. Apart from this, try to make the car loan not for more than 4 years.
Question: What types of safety features should you keep in mind before buying a car? Answer- Automotive expert Tutu Dhawan says that while buying a new car, most people pay attention to things like design, model, appearance and powertrain. While it is very important to see what safety features are included in the car. In the event of an accident, the vehicle’s safety features protect us. If you are planning to buy a new car this Diwali, definitely ask your dealer about the safety features of the car.
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2. Need News – Want to change old car this festival: increase resale value like this
The holiday season has begun. During festivals like Dhanteras and Diwali, automobile manufacturers offer huge discounts on new vehicles. In such a situation, people want to sell their old car and buy a new car. However, selling a classic car is not that simple. For this, one must take care of certain things, take some precautions and enter the used car market with complete preparation.