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Old 5th April 2020, 15:38   #16
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Default Re: Kotak: Consumers would prefer car ownership over public transport due to virus fears

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Originally Posted by FourWheelDrift View Post
I am not surprised that Kotak are now producing studies tom-toming how individual / private car ownership is making a comeback.
Please give an honest reply. Will you board a city bus yourself? Or, go to a crowded mall or a theatre or a bar/restaurant? Tom-tomming or no tom-tomming, Kotak or no kotak, people will be wary of public transport and other crowded places for a looong time.

Small cars may be in good demand. Anyone who can afford one would buy one. Better the hassle of driving/parking than the risk of virus. On the other hand, those already having cars and who have been planning on upgrades would hang on to their cars. When the dust settles on this pandemic, they have other priorities to attend to. Like deals, projects, commitments stuck half-way. A bigger or newer car can wait. So, it will be a mixed bag. Smaller cars may see some spurt in sales while mid to upper tier ones may slow down a bit.
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Old 5th April 2020, 17:29   #17
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Default Re: Kotak: Consumers would prefer car ownership over public transport due to virus fears

This is true and its a reason why I just bought a KIA Seltos. I have just paid the amount and the loan from HDFC has been processed and it will be delivered on Monday "Home delivery".

The car will be sanitized but I am planning not to touch the car for 3 days and then resanitize it's inside using the Autocar Guide. This car is mainly for home and I bought it now to buffer the family while they get anything.
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Old 5th April 2020, 18:19   #18
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Default Re: Kotak: Consumers would prefer car ownership over public transport due to virus fears

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Originally Posted by pgsagar View Post
Please give an honest reply. Will you board a city bus yourself? Or, go to a crowded mall or a theatre or a bar/restaurant? Tom-tomming or no tom-tomming, Kotak or no kotak, people will be wary of public transport and other crowded places for a looong time.

Small cars may be in good demand. Anyone who can afford one would buy one. Better the hassle of driving/parking than the risk of virus. On the other hand, those already having cars and who have been planning on upgrades would hang on to their cars. When the dust settles on this pandemic, they have other priorities to attend to. Like deals, projects, commitments stuck half-way. A bigger or newer car can wait. So, it will be a mixed bag. Smaller cars may see some spurt in sales while mid to upper tier ones may slow down a bit.
Here's my honest reply, pgsagar :

I own a car and use it to drive to work every day. As do many of my colleagues, who have their own cars and can afford to drive every day.

However, I speak to a lot of colleagues at work, a majority of whom use different forms of public transport to come to work.

Whoever can afford it, but cannot afford to either drive their car to work daily or even own a car, takes a cab of some sort.

Those who can't afford a cab, take a CityFlow / private bus.

Those that don't have much of a choice, take trains and BEST buses too.

So, in short, the affordability factor plays a huge role in a person's transportation choice. I don't see affordability changing any time soon.

I fully expect in the long run, when we are well passed this situation, that people will go back to using the form of transport they can afford.

I don't see a lot more people moving away from different forms of shared mobility or public transport, and into personal cars, only because of this virus situation. Because people's memories are short.

I trust it's ok on this forum to have a different point of view and opinion than Kotak ... and other forum members.

Cheers,

FourWheelDrift

Last edited by FourWheelDrift : 5th April 2020 at 18:38.
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Old 6th April 2020, 12:11   #19
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Default Re: Kotak: Consumers would prefer car ownership over public transport due to virus fears

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Originally Posted by FourWheelDrift View Post


I don't see a lot more people moving away from different forms of shared mobility or public transport, and into personal cars, only because of this virus situation. Because people's memories are short.

I trust it's ok on this forum to have a different point of view and opinion than Kotak ... and other forum members.

FourWheelDrift
Not trying to get into an argument here but , "only because of virus"? There is this lady in our town who reportedly jumped out of her balcony in a suicide bid when she suspected herself to be covid-positive. People are that paranoid right now. Virus is all everyone is talking about right now. People will have to have nerves of steel to board a crowded bus right now.

I'm neither a Kotak executive nor a car dealer. I'm not taking cognizance of kotak or any other such report. Merely narrating current scenario. But, I agree with you on one thing though. Once this covid is all gone, people will board buses, visit malls etc. like covid thing never happened here.

BTW, you have not yet answered a simple question I asked you in the very opening line. Would you board a bus yourself, right after the lockdown is lifted?
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Old 6th April 2020, 12:29   #20
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Default Re: Kotak: Consumers would prefer car ownership over public transport due to virus fears

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Originally Posted by pgsagar View Post
Not trying to get into an argument here but , "only because of virus"? There is this lady in our town who reportedly jumped out of her balcony in a suicide bid when she suspected herself to be covid-positive. People are that paranoid right now. Virus is all everyone is talking about right now. People will have to have nerves of steel to board a crowded bus right now.
While everyone is talking about the virus, and most people are worried, taking the extreme step is thankfully an exception only. Exceptions cannot be used to make generalisations.

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BTW, you have not yet answered a simple question I asked you in the very opening line. Would you board a bus yourself, right after the lockdown is lifted?
The last time I took a bus was when I was in college, which was a long, long time back in the last century. The last time I took a train was probably the same time frame.

I travel everywhere by either cab or car. Even long distances of several hundred km. Or several thousand miles in other countries. This is my personal choice, because i enjoy being behind the wheel and the freedom that a car gives me.

But this isn't about me. I am not representative of the vast majority of Indians.

Neither are we on team-bhp, for that matter. We are a small minority of car crazy people who have chosen to band together on a forum ... and as we know, even though there are so many cars on the roads, car penetration is still quite low in India, as compared to other countries around the globe. And the only reason for that is affordability.

Cheers,

FourWheelDrift

Last edited by FourWheelDrift : 6th April 2020 at 12:45.
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Old 6th April 2020, 14:49   #21
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Default Re: Kotak: Consumers would prefer car ownership over public transport due to virus fears

The study conducted by Kotak focused on car ownership. However, given the economic situation in our country, this may not entirely feasible. If we take the liberty to generalize the statement a bit further, we can assume that people may opt for private transport. And this may not be limited to cars alone. I expect people who are aware of the situation and can afford one, will opt for a two-wheeler to maintain social distancing post-COVID-19 era. What this will do to our roads is an entirely different discussion altogether!
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