The ongoing Festive Season in India that started in early October with Navratri, Durga Puja, Dussehra will last till Diwali – one of the biggest festivals celebrated across the country. The festive period is considered to be an auspicious time by Indian families to buy something new, traditionally something very valuable like Gold and Diamonds. Over the last few years vehicles, especially cars have been added to the Diwali shopping list! A car is more than a medium of transport to Indian families and holds special importance.
Traditionally car manufacturers have offered discounts and goodies during Diwali. This time, the discounts are bigger than ever! The slow-down in new car sales over the months has been one of the biggest reasons for heavily discounted prices on certain models of cars. The dealerships are desperate to get the car sales back to the track this festive season and the time cannot be better to sell your old car and bring home a shiny new car!
We have listed out the top 5 reasons why you should sell your old car for a new one this Diwali
Car manufacturers in India are offering discounts ranging anywhere between Rs.5000 to Rs.20 Lakhs depending on the make and model of the car. The dealerships have seen a massive decrease in new car sales in the last few months and in a bid to increase the car sales, almost every brand has leveraged on the festive season sale! And it’s bigger than ever with lakhs of rupees in discounts and benefits offered on certain models.
Come April 2020 and India will switch over to Bharath Stage 6 emission norms, which is similar to Euro6 standards used in Europe. All cars in India sold from 1 April 2020 will have a BS-6 compliant engine in an effort to tackle the rising air pollution levels in most major cities. The leading car manufacturers have already started to roll out cars with BS-VI compliant engines which include the Kia Seltos, Maruti XL6, and S-Presso to name a few. The price of these cars is likely to go up by the end of the year/early 2020, so it is advisable to strike a deal during Diwali and drive home a BS-6 powered car this Diwali.
Most car dealerships offer complimentary comprehensive insurance for cars during the festive sale. The comprehensive insurance for a new car starts from Rs.5000 and rises in accordance with the price of the car. If you’re good at negotiating, you could possibly pitch for a bumper-to-bumper or zero depreciation insurance with your car dealer this Diwali!
Accessories are something that makes your car stand out from the rest. In order to lure customers to buy a car from their dealership, the salesman offers free accessories like car perfumes, floormats, reverse parking sensors, rain visors, and much more. You could end up spending thousands of rupees on some of the accessories but this festive season you could ask your car dealer to waive off the prices or provide a discount for the accessory of your choice
Most new cars in the budget segment come with a 1-year warranty, that helps you save a few bucks in case of a mechanical/ electrical fault. Post the warranty period, you have to shell out money to get your car repaired. An extended warranty is a choice of few wise men but it doesn’t come for free! It is chargeable. However, dealers are now offering extended warranty up to 3 or 5 years and also Road Side Assistance (free assistance in case of vehicle breakdown). Avail them to save money.