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Old 15th January 2006, 16:38   #1
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Default Best time to buy a car?

What is the good time to buy a car .

- Year end( December )
- Financial year end ( March )
- Financial half year end ( September )
- Festival session ( like Dewali etc., )
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Old 15th January 2006, 17:11   #2
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Default

Or in Jan when they are really desperate to get rid of old stock.
Innova discount was 1.05L including finance for the V variant.
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Old 16th March 2014, 23:13   #3
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Default How long will the price cuts stay?

Hi guys,

This is a double treat time for car buyers
  1. Prices reduce as a result of excise cuts
  2. Discounts, as March is the end of the Fiscal year
Now my question is, how long will these 2 benefits stay?

Can I expect the discounts to vanish in April?
Will the reduced prices due to excise cuts stay for a longer time?

Basically my question is, do I stand to lose, if I put off my buying till May/June?
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Old 16th March 2014, 23:34   #4
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Default Re: How long will the price cuts stay?

Quote:
Originally Posted by rageshgr View Post
Hi guys,

This is a double treat time for car buyers
  1. Prices reduce as a result of excise cuts
  2. Discounts, as March is the end of the Fiscal year
Now my question is, how long will these 2 benefits stay?

Can I expect the discounts to vanish in April?
Will the reduced prices due to excise cuts stay for a longer time?

Basically my question is, do I stand to lose, if I put off my buying till May/June?
Depends on what car you are looking at for the purchase.

Mostly discounts will be lifted off from 01.04.2014 which is a natural trend every year and sales pushed more in the month of December rather than March. I know it is the FY end but the VIN is more affected with December month rather than March.

A customer will buy a Jan'14 car at a higher price instead of a Dec'13 car so discounts vary with the VIN, manufacturer and dealer.

If speaking in general, discounts are good till March but after that getting a discount is more of luck and coming to the price cut, that'll be ON till June'14 I guess.

Anurag.
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Old 16th March 2014, 23:55   #5
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Default Re: How long will the price cuts stay?

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Originally Posted by a4anurag View Post
Depends on what car you are looking at for the purchase.



Anurag.
Thanks for the info Anurag. My strongest contenders are Swift ZXi and Figo 1.2 Titanium. Both have some deals going
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Old 17th March 2014, 10:07   #6
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Default Re: How long will the price cuts stay?

Quote:
Originally Posted by rageshgr View Post
...Will the reduced prices due to excise cuts stay for a longer time?

Basically my question is, do I stand to lose, if I put off my buying till May/June?
Someone mentioned that the duty cuts will be effective till June 30 or so. Now when this might stay till then, there is NO guarantee that the manufacturers will NOT revise the prices upwards which will offset the price reduction.

Also after April, the discounts will be back in Oct / Nov, the major shopping season for most of India. I do NOT see any major benefits in you buying a car in May / June instead of now or after Oct 2014.
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Old 17th March 2014, 18:25   #7
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Default Re: How long will the price cuts stay?

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Originally Posted by swiftnfurious View Post
Someone mentioned that the duty cuts will be effective till June 30 or so. Now when this might stay till then, there is NO guarantee that the manufacturers will NOT revise the prices upwards which will offset the price reduction.
The new government will have to announce a full budget by the end of June and hence the talk that the excise cuts may not continue after that. It's all a question of how the next govt tries to balance the books (or not). I'm sure car companies will hold prices till that time as they will also wait and watch. In addition, they've seen a small fillip in sales and they'd want that to continue.
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