Why is December the best time to buy a new car?

best time to buy cars in india
best time to buy cars in india

Gemini- It is beneficial for the people of Gemini to buy a green or cream-coloured vehicle. Every individual wishes to buy a car or vehicle of their desired colour. The suitable colour for you depends on the position of the planets and constellations in the horoscope of the native. Activities started during this period of the position of Rahu in your Horoscope cannot conclude without any trouble and hassles. The car can break down anytime be it a new car or an old one. So, it is better to have an extended warranty for saving you from the expense incurred from the unforeseen breakdown of the car.

Which month is best to buy new car?

After monsoon, the festive season arrives and the demand picks up once again. December is also a great time for car buyers as dealerships are eager to sell the existing stock. As the new year approaches, the old stock becomes less attractive to buyers as they can buy the same car of new make year.

Before you set to book the car, visit more than one dealership of the same brand and check whether the deals offered are similar. Always demand more beneficial deals and compare dealers with each other saying “ X dealer is giving me free accessories, best loan offer, etc”. This will not only get you the best deal but also improve your buying experience with that dealer. Make sure you do your homework by studying the car brochure and staying up to date with the car model. During the final months of the year, we have a number of festivals lined up one after another. On the other hand, dealers are left with a certain number of unsold cars.

Best Time to Buy Car in 2023

While there are options aplenty in terms of electric scooters, list of affordable electric cars isn’t as long. Only Tata Motors has the Tiago EV, Nexon EV and the Tigor EV as electric options under the Rs 20 lakh bracket in the country. Electric cars are surely pitted to be the future of human mobility, but they are quite not there yet with their feasibility, at least not in India. Other OEMs such as Hyundai, and MG Motor India, also offer fully electric cars albeit of a higher range.

This suggests that there may be more buyers chasing new cars than the carmakers can supply. Shortage of chips and pent-up demand in the wake of the Covid-19 pandemic are the reasons. A car is something that people invest in, intending to keep for as long as possible.

  • So, whether you buy a petrol/diesel car in December or January, the resale value is not going to be drastically different.
  • To incentivise the sellers, FAME II scheme is currently in seen in action.
  • For Ignis, a small hatchback, the automaker is giving a consumer offer of up to Rs 10,000 and an exchange offer of up to Rs 15,000.
  • At the beginning of every year, virtually all automobile manufacturers hike the prices of all the models in their stables due to inflation, causing a rise in input costs.
  • You can save a lot of money through this idea, and in September or October, there are few chances on your side.

Avoid signing or paying through cash or cheque until everything you desire for is finalized properly and mentioned on the company letterhead. Can I take delivery of new car on 7th Evening…and do Pooja on 8th.Can I take delivery of new car on 7th Evening…and do Pooja on 8th. Can I take delivery of new car on 7th Evening…and do Pooja on 8th. Yes, If you feel positive then all time is great go and enjoy ride of your dream car.Yes, If you feel positive then all time is great go and enjoy ride of your dream car. Yes, If you feel positive then all time is great go and enjoy ride of your dream car.

Reasons Why December Is The Best Time To Buy A New Car In India!

Usually, many carmakers offer introductory prices on newly launched vehicles. The special discount on new models remains valid for the first few hundred/thousand units. But this type of special pricing does not apply to all cars as not all manufacturers offer introductory pricing. The discounts on Tata Motors’ most-selling SUV, the Nexon, may interest you the most. A total of 20,000 rupees in discount is on offer for the SUV. The company is also offering a 15,000 rupees exchange bonus on its diesel variant, along with a corporate discount of 5,000 rupees.

We are waiting for the customary press releases around this time of the year saying due to the rise in the input cost, price revision was unavoidable. Any price hike on any car means the customer has to pay the price at the time of actual purchase and delivery. In case you were thinking if you can buy the car in January at a price you booked it in December, it won’t be possible. Check the insurance price of the car you are looking to buy. Rates at the dealership level may be higher than from third parties, so you could save money there too. Just remember to read through all documents and fine print before you buy your car insurance.

Aries- Blue or similar coloured cars are lucky for the people of this zodiac sign. Prathama, Tritiya, Panchami, Shashti, Dashami, Ekadashi, Trayodashi, and Purnima Tithi are considered auspicious for purchasing a car or any other vehicle. Nevertheless, one must not buy a car on Amavasya/new-moon Tithi. Tata Motors is offering a discount of up to ₹40,000 on its different models.

Libra- Cars of black or brown colour are considered auspicious for the people of the Libra zodiac. Moon should not be placed in the Sixth, Eighth, and Twelfth House in your kundli on the day of vehicle purchase. Moreover, best time to buy cars in india the ruler planet’s position in the Fourth House and Venus’s placement in a person’s Horoscope must be evaluated while making the decision. Here are snapshots of the Tata Motors passenger cars’ discounts.

Tata Tiago overtake gone wrong: Captured on dashboard camera

These are the cars that are produced in the current year and are still not sold till year-end. This does not mean that they are faulty or have any drawbacks. There are many reasons like dealers buying in more than enough stock, not-so-popular colours, not-so-popular variants, etc. So, what the dealer does is that it offers huge cash discounts and complementary accessories so that it can clear its ageing stock.

Purchasing a vehicle is a major investment, and you can’t afford to go wrong with it. Ekadashi is the most auspicious day for buying a vehicle. Buying a car/scooter or any vehicle can increase the propitiousness of the purchase. Virgo- It will be fruitful to buy a vehicle of white or blue colour for the people of this zodiac sign. Nevertheless, they should avoid buying a red coloured car.

However, you must also consider the possibility that your green vehicle might need a battery replacement after a few years and that doesn’t come cheap. Generally, batteries make up about 35-40% cost of an electric car and replacing it anywhere before the car has put down at least a lakh kilometres on the ODO simply doesn’t make sense. Buying a car is generally the biggest personal purchase for a person, after a home.

The Benefits of Buying a Car During the Sale at the End of the Year

Cars like these are often sold at a very discounted price compared to their regular pricing. Along with month ends, the year ends also serve as a good time to purchase a car. October to December, which is basically the holiday period, is considered a good time to buy a car. During such time, the showrooms stay packed with outgoing car models and also receive brand new models. Thus, during such times showrooms offer attractive discounts on outgoing car models.

Which month has the highest car sales in India?

October – January. The festive season is for deals and bargains. You need to be really lucky to get the best price for your car when everything is on 50% sale!

Mahindra, which only recently started deliveries of the Scorpio N, has bookings for 100,000 units. And, depending on the variant, the waiting period is 70 to 90 weeks. There is not much incentive then to offer good discounts. But why are February and March the best months to sell your car?

“On a brand level – Ertiga, XL6 and Swift have longer waiting periods. The wait time for the Celerio, S-Presso, Alto CNG range from five to ten weeks. “Supply issues weren’t as bad as last year; dealers still had stocks when we went into lockdown. The discount offers vary from manufacturer to manufacture, and it also depends on the car model. You can expect a discount of a few thousand rupees to a few lakhs.

best time to buy cars in india

Many luxury carmakers are more aggressive with their timeline making 2025 or 2030 the cut-off years for their ICE vehicles. This makes it clear that the resale value of internal combustion cars is going to take a hit. So, whether you buy a petrol/diesel car in December or January, the resale value is not going to be drastically different. You need to be really lucky to get the best price for your car when everything is on 50% sale! The charm of a new car also looms around the corner as auto companies push the accelerator on liquidating excess stock. While the new car market is expected to cool off as well, used car prices continue to be where the best bargain is.

If you would like to sell your old car to own a far better replacement, then go on to the dealerships and ask them about this. So, before you jump into dealerships, please do some research, then talk with the manager about your trade-in option and let him know how you come up with this price. Do not be aggressive and begin negotiating with all the experience you’ve got. Gone are the days when deciding on a car used to be a complete dilemma. Now, with the industry moving to the digital age, we can now become aware of various cars in different segments.

The dealers are desperate to close deals, so take advantage of this. As this car was at the dealer stockyard for a considerable time, make sure that you get a proper PDI done and look for any discrepancies. Also, make sure that the car model has not received any facelift or an update and that you are offered an old model from the dealer. If you are okay with the offered model, you can always demand high discounts as you would be getting an old car.

You are good to go for an EV if you already have a car at home however, there are challenges aplenty if you think an EV can serve as your primary car. Mahindra and Mahindra launched the much-awaited and brand-new Scorpio-N today, 27th June. If you have been waiting to buy a car, July is the right time.

Which month car prices drop in India?

December is the busiest month for the car manufacturers and dealerships as they try to clear out the stocks before the start of the new year. So, it is the best month to buy a car in India as you can get attractive discount offers. Below are the benefits and drawbacks of buying a car in December.

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