Quote:
Originally Posted by mobike008  Interest rates are no way on a downward trend. Its just a gimmick to attract the buyers, these kinda offers are made on autos that dont have too much of demand. So lower interest ( in this case) can be considered as a freebie for buying an optra or a xeta.
I have also seen such ads for Omni, Alto and 800 |
I agree , the lower discount rates that are being offered have a condition , you either get the lower discount rates or you get the freebies including a huge cash discount on the ex showroom price of the car , You cannot have the best of both the worlds
. In the end a litlle analysis in the Excel Template and you will see that the Interest Hit vis a vis the savings come to more or less the same amount in both the cases !!