The festive season of October to December has always seen a sharp spike in car sales. Reports indicate a double-digit jump in car sales during the festive period, and there is a very good reason for this. From discounts to freebies to special payment options, most dealers and manufacturers pull out all the stops for car buyers in this period. This, consequently, leads to an increase in the number of inquiries and overall sales.
Here’s why you should look to buy your next car this festive season:
The festive season brings out the best offers and discounts among car manufacturers. These are not just courtesy discounts. Companies offer discounts worth tens of thousands of rupees on specific models. The important thing is to research and seep through your options thoroughly as dealers sometimes also add their own dealership discounts on top of what the manufacturer provides. Find the best offer available and calculate the savings it entails when it comes to the final resale value of the car.
There are companies that offer a number of freebies in the form of discounts. From free accessories to gifts, and sometimes even gold and silver, the list is endless. Some companies also go for the loyalty exchange bonus where you can exchange your car for another car by the same brand and get a significant discount for the same.
Loans Available at Great Rates
One of the best ways of realizing it is festive season is finding banks advertising drastically cut interest rates on car loans. It is, however, not just the banks that do this. You can find some amazing interest rates and minimal cost insurance options from car finance providers as well. It is important to understand the impact of a low-cost EMI option on your future cash flow. This is where buying a car during the festive season becomes a much sweeter deal.
With the interest rates for car loans already plummeting, the festive season can offer you a chance to get a lucrative deal. Finding the right car finance company is the key to finding the best interest rates for your car loan and insurance. You have a chance of landing some incredibly lucrative warranty deals and receiving a lot of festive season benefits from car finance companies.
Get Your Hands on Limited Edition Models
The festive season is also the time when many manufacturers bring out limited editions loaded with features that regular models simply can’t match up to. It is important to keep your eyes peeled for news on special edition models made available during this season. Timeliness is the key here, if you are in the market for a festive season limited edition, you need to move fast. Stay in touch with dealers to know about any updates and the latest news on new launches and designs.
The festive season can leave a prospective car buyer spoilt for choices. From buyback deals to unbelievable interest rates on insurance and limited-edition models, there are a number of upsides to buying your next car in this period. Keep in mind the aforementioned factors to ensure that you are getting the best deal for your next car.