Post Covid: Is It A Good Time To Buy A Car In India?

Is It A Good Time To Buy A Car In India?

Indian Car Market
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Is It A Good Time To Buy A Car In India?

Times, They Are A-Changin’. The world as we know it has changed and will not be the same in the coming years. That holds especially true for the post-COVID world and how it will integrate safety, business, and family.

Overcrowded Autorickshaw in India – Public Transport

The biggest issue faced by millions across the globe post-lockdown is that of transport. Due to the volatile nature of the pandemic, exposing yourself to public transport is dangerous beyond measure. In these turbulent times, more and more people are turning to the comfort and safety of their own private vehicles to commute. Foregoing public transportation seems to be a wise choice as it not only helps maintain social distancing, it also prevents exposure to infected surfaces.

Indian couple traveling by car

A personal vehicle is therefore one of the most important assets to stay safe in the post-COVID world. And it is not just us who are saying so, the Indian population seems to be in agreement. According to the study published by CARS24, it is clear to see that the intent to use private cars increased by 41%, proving that it is indeed the right time to buy a car for you and your family.

Other private vehicles like bikes & scooters are too gaining more traction due to the lack of safety in all public transport. 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.

Car Expert Sanitizing a Hyundai Creta – CARS24 Preowned Cars

The Question Remains- Is It A Good Time To Buy A Car?

It’s not only a good time but also the right time to buy a car, and it is the need of the hour for safe travel.

Most car dealerships across India, and CARS24 retail branches, have taken the precautionary measures that are required: to provide a safe and hygienic environment to sell cars and ensuring the safety of the customers. We at CARS24 conduct daily temperature checks, health monitoring via the Aarogya Setu App, and all employees are provided with protective gear. As an additional safety measure, the sanitization of cars is also taken care of with utmost precision to provide a safe environment for the customers. Keeping this in mind, it is safe to say, it’s not only a good time to buy a car but also a good time to sell a car in the safest way either at our branch or right at your doorstep.

Try: Free Home Inspection to Sell Car

Car Dealership

Further, online car sales are on a roll with top brands providing newer ways for customers to buy a new car without the need of visiting a car dealership.

However, buying a new car doesn’t come cheap. The monetary prowess of many people across the globe is not the same as it might have been, say pre-lockdown. The economical constraints by the lack of work, pay cuts, closure of businesses during the lockdown can be felt by most, like tremors simmering away underneath us all.

The entry-level cars in India cost nothing less than 3 lakhs, on the other hand, you can find good used cars to buy under 1 lakh, for bigger families you can get used sedans, SUVs and MPVs for under 5 lakhs.

We at CARS24 are offering spot loans for pre-owned cars with attractive benefits. Buying a used car may be a wiser choice than investing in a new vehicle, keeping in mind the insubstantial funds. CARS24 has more than 50,000 verified used cars with complete vehicle inspection reports, select used cars come with a warranty as well. All the used cars sold by CARS24 are completely disinfected and thoroughly sanitized before being delivered to the customer.

Thus, buying a car is more of a necessity than a choice and is the new “normal”. Most people seem to be at crossroads, playing tug of war with the need for a safer way of commuting and the need to spend less money. Buying a pre-owned car seems to do the trick! While all of us begin to learn how to live with the virus, it is better to be safe than sorry. Given the nature of the virus, the safest way to travel for you and your family is by car. And we’d be happy to help.