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Posted by Royal Sundaram on 06 Nov 2012
Planning to buy a car this festive season? What else can be a better means of celebrating the festive season? The joy of a new car, the excitement of purchase, the first long drive with family etc. seems priceless. But with the various options available in the market, getting confused is natural. With the constant change in demands of consumers car companies offer you options in almost every aspect. So if you are confused between buying a new model or an existing one or selecting petrol model of CNG, or any other such dilemma, read on to clear your doubts –
Choosing between Petrol, Diesel or CNG
The amount you travel will help you determine the kind of car you want. To put it in simple words –
• If you travel for less than 1500 kms in a month, opt for a petrol version
• In case your travel is more than 1500 kms, then consider CNG or Diesel version if you plan to keep the car for more than 5 years
• If your travel is beyond 2500 kms, Diesel or CNG is the best option for you
Confused between Hatchback or Sedan
Sedan seems of less use for a normal family of four unless social status holds a lot of importance. Sedans will only make it difficult to maneuver in traffic and maintenance could be an added cost as well. Opt for hatchbacks as they are fuel efficient, easier to park, convenient to drive in traffic. On making the right choice you can save Lakhs as well.
Don’t be fooled by the size of the car, small cars today are powered well with 80 – 90 PS of peak power and 110 NM + torque. Plus they are loaded with features, good leg room etc.
Deciding on a bank for loan
Car loan is the most commonly available insurance product in the market. Every bank and private finance company tends to offer competitive deals. Hence, ensure to compare them for the interest rate, benefits and features before you make the decision.
Selecting between New Launches or Existing Cars
Newly launched cars are mostly hyped with a lot of promotion and advertisement. But these normally do not offer any discounts in the initial months of launch. The market is full of several cars from the existing cars category. These have been tried and tested by many, so you can avail proper reviews before purchase as well.
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