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NOW IS THE BEST TIME TO BUY A VEHICLE
Consumers can make the most of attractive discounts and festive offers on BSIV cars
The air of uncertainty prevailing among the car buyers has resulted in huge drop in sales over the last six months. This was mainly due to the upcoming switch from BSIV emission standards to the more stringent BSVI rules applicable from April 2020 onwards.
We explain why owning a BS IV vehicle will make a lot of sense than waiting months to go for a more expensive BS VI machine here!
Car prices will shoot up- Petrol up to 20 to 50 Thousand and Diesel up to 1 to 1.5 Lakhs
The everyday customer who is yet to buy a vehicle could soon have to shell out more for their purchase for the BSVI vehicle. The jump in prices will be bigger for BS VI diesel vehicle given the higher cost of upgradation. Depending on the engine capacity, the cost of diesel cars will be significantly higher by anywhere between Rs 1 lakh to Rs 1.5 lakh. The increase for petrol vehicles is likely to be in the range of ₹20,000-₹50,000.
Discounts are all time high
Auto sales are at their lowest levels in nearly two decades and dealers are saddled with huge inventory. To push sales in such an environment and clear the network, manufacturers are offering huge discounts on several models. This certainly proves to be the best time for consumers to make a purchase as they will be able to avail attractive discounts, special gifts and offers for the festive season.
Almost all automakers Maruti, Hyundai, Tata, Toyota, Honda, Volkswagen, Mahendra, Skoda are offering discounts ranging from 25 thousand to lakhs depending on the model and vehicle manufacturer.
Hurry! Thesediscounts should make you dash for a car showroom near you right now.
Extended warranty
To sweeten the deal further, carmakers are offering an extended warranty along with their cars and that increases the value proposition. This can prove to be a great money saver.
Lower fuel efficiency
The inclusion of cleaner fuel as well as technology not only brings in additional upfront expense to the end user, it also lowers the fuel efficiency of the car.
BS VI fuel will be non-damaging and work in BS IV vehicles:
If you think that a BS4 diesel car will not run on BS6 fuel, then you are wrong. There would be no hiccups and in-fact your BS4 car will run better and would be cleaner too on BS6 fuel! On the flip side, a BS6 car, if not all, can face some glitches if they run on BS4 fuel. Now, BS6 fuel availability is still limited but is expected to slowly increase.
Increased Registration Charges
At a time when the industry is going through the worst slowdown, the Government of India has proposed an increase in vehicle registration fees. The Indian automobile sector overall has seen a slump in sales, and this move by the government could hit the industry right where it hurts the most. If you are postponing your buying decision, this is a mistake. You will end up paying more than 400 per cent registration charges than what is there now. So, beat the changing times and go ahead, buy your favourite car now!