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View Poll Results: This is what the economy did to my decision
I bought a car recently (3 months) 41 17.30%
I am going to buy a car in the near future (3 months) 37 15.61%
I have decided not to buy a car for now 92 38.82%
It makes no difference to me 48 20.25%
I will now buy a more economic car. 19 8.02%
Voters: 237. You may not vote on this poll

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Old 11th October 2008, 14:40   #31
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I think the popular GTO thread on retaining 5 year old car has had a big effect on the t-bhp community!! As for me, I changed my car 2 months back since the lease on my earlier car expired and for tax reasons it made sense to get a new one rather than keep the same.
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Old 11th October 2008, 16:19   #32
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i will be busying a car soon as i think there will be huge discounts due to the lack of sales
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Old 12th October 2008, 08:50   #33
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I'm still buying a car in Nov-Dec, but nor sure if I would end up with a more economical one yet.
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Old 12th October 2008, 10:31   #34
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I bought a 12 year old Benz. It drives like new. Feels new. And is pretty much immune to the economic condition of the country (Demand for W124's, Parsi maintained, still surprises me - I get offers for 5-6 lacs on the road while driving)

I think I'll keep this car for as long as fate lets me. Economies will fall, rise, but my Benz will get me where I'm going with class
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Old 12th October 2008, 19:59   #35
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I voted for Option 4.

I don't consider any cars that break the bank, so anything around 20 lakhs or less is not too big a deal no matter what the economy is like...However my dad's sports coupe plans are definately on hold...So I guess it all comes around to need...
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Old 12th October 2008, 21:04   #36
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Planned to buy a Sedan, Now changed my mind mostly due to unstable economy and might soon end up with a pre-owned Hatchback.
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Old 13th October 2008, 09:11   #37
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I voted for option 2, because the fact is prices of all commodities will fall by early 09. aka: bad economy and crashing stock market here as well as in the US. I'll wait for a good deal and then go for an economic option i.e an efficient car and not a small car. I keep hearing diesel diesel
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Old 13th October 2008, 09:48   #38
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I had planned to utilize my stock portfolio to buy me a bigger sedan (Corolla/Civic category) by this year end. Now I cannot even buy a fully loaded i10 with the amount!

With the depth of current economic problems, I don't think its temporary or even short term. The slowdown may last at least till end of next year.
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Old 13th October 2008, 09:53   #39
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Slump in economy won't impact my purchase decision so Option 4 for me.
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Old 13th October 2008, 10:20   #40
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I had been waiting for Toyota Altis for long, to replace my 3 year old Getz. But due to the ongoing recession, I've dropped my plan and am now going for MBA instead.

\N
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Old 13th October 2008, 11:06   #41
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Thanks to GTO and economic slowdown, i have decided to use my 4.5 yr old WR for another 5 years atleast.
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Old 13th October 2008, 11:19   #42
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Quote:
Originally Posted by appuchan View Post
...

With the depth of current economic problems, I don't think its temporary or even short term. The slowdown may last at least till end of next year.
offtopic but... end of next year? How do repair a burst bubble. This may last a lifetime.
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Old 13th October 2008, 11:32   #43
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Quote:
Originally Posted by Sam Kapasi View Post
  • Option 2: Despite knowing the state of affairs, you still intend to buy a car in the next 3 months. For whatever reason, possibly the slump does not affect your income etc. This question can be answered, even if you intend to buy a second car for your home.
  • Option 4: This change in economy makes no difference to your plan to buy a car or not.
[list]
aint's 2 and 4 similar.
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Old 13th October 2008, 11:39   #44
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as such it makes no diff to me if economy is bad, what matters to me is road condition and traffic congestion :( plus have been waiting for couple of launches ( G3 City and Linea)
How are you supposed to enjoy your new sedan if it takes 1 hr to cover just 10-12 kms. really pathetic
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Old 13th October 2008, 12:26   #45
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This slowdown has made me slow down spending in quite a few areas. Following things are on hold:

1. Car PC
2. 3 months sabbatical for writing open source navigation

Have tighten spending. Work in IT, have been through such times in 2001. Nothing to worry so far for IT, but still cautious.
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