Best Time to Buy A New Car in India

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Planning to buy a car? Do you know what is the best time to buy a car. 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.

Having a car of your own is a special feeling. It is definitely a milestone that most of us like to achieve. However, buying a car is not an instant decision. It requires enough research and a number of factors are taken into account before you could buy your own car. Further, the discounts and deals available on a new car also influence your buying decision on when and how to buy car.

One such important influencing factor is timing. So, the time of the year during which you plan to buy your car is important to consider when to buy a car in India. You may choose to buy a car during festival season or you may look at the life cycle of a car model and so on. There are different determinants to choose the best time when you can buy your new car during the year.

In this blog, we are discussing the best timings to buy a new car in India, and how the timing impacts the buying decision of a buyer while purchasing a new car. Also, you can analyze which car is best to buy in India.

Buying at Month End 

If you are planning to buy your new car from a car dealer, you should buy it at end of a month. This way, you are most likely to get some discount. This is because during the month end most dealers look forward to closing their monthly sales quotas and so to make a sale they offer a good discount to the car buyer.  So, as per cost, this is the best price timing to buy a car.

Buying at Year End 

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. 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.

Buying early in the week

Another best time to get a good discount on a new car is during the early period of the week. During such times, the dealer is likely to give you a good discount and  special attention while buying the car of your choice. This is because most dealers stay busy during the weekends, while early weekdays are normally not that busy. Thus, this is the time when the buyers might receive a good discount. So, when there are less customers that is the ideal time for buyers to get better prices and to choose the best car to buy.

Also Read: Renew Car Insurance Policy Online in India

Buying during the time of Seasonal Discounts

Another better time to buy a new car is during the time of seasonal discounts. This time is regarded as ideal for getting the best car discounts and prices. Seasonal discounts are high during festive time such as Diwali sales time, Independence Day discount time, and during Christmas time and so on.

To Conclude 

So, as discussed above, there are many such good times of the year when you can expect to get the best discount on a brand new car that you want to buy. So, you have a lot of opportunities to choose the best time of the year to buy your car accordingly and to know how to buy a car in India.

However, to get the best rate it is important to keep looking for discounts and to keep an eye on any important information related to discounts if you plan to make a purchase of a new car.

Thus, you can see that there are several factors that influence your car buying decision. And one such factor for buying your car is the best time of the year. It is important to keep all of these factors in mind when you visit a car dealership and to ensure that you grab the best possible price as quoted by the car dealer. Also, you must ensure which is the best car in India before buying just any car.

Further, once you buy your new car, it is important to purchase the mandatory car insurance policy that is a compulsory requirement to drive your car on the Indian roads. You can choose to cover your car with the obligatory third-party insurance or can choose a comprehensive car plan as per your choice. Whatever car insurance policy you choose, it is important to get the proper coverage that you want for your car. For that, you can even buy an add-on cover to protect your car according to your needs.

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Gayatri Prabhu, Head-Digital Business at Mahindra Insurance Brokers Limited (MIBL) is one those few digital leaders who has the width and depth that is required to execute an ROI driven holistic digital strategy. She cuts through the noise, identifies the critical levers and leads her team to successful execution of the defined strategy. Her core mantra to win new and retain existing customers is: understand the consumer behavior and craft experiences around it.

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