Re: The Best Time To Buy a New Car in India?
Probably the most practical answer and I completely agree with you.
Generally, discounts are high during year end. Because whether you buy a car in Jan"** or Apr'** it does not make much impact on resale. But if it is Dec'** or Jan'**, it is definitely going to make some impact.
As far as your example on Honda City, I would prefer to buy a new car on Dec rather a phasing out model in any month. Because resale of a phased out model would be less if you compare with Dec purchased model.
That's what I feel.
The best time to buy a car is when you have enough money in the bank and you have identified the best option
Not necessarily the best time; but when a car is launched many company opt for aggressive pricing for initial period (introductory price). Swift, Figo and now XUV has followed this path. Its a good time to cash on.
Another time is to wait for a new model to launch and see the effect on existing players. Case in point being Honda City.
Another time is to wait for a new model to launch and see the effect on existing players. Case in point being Honda City.
As far as your example on Honda City, I would prefer to buy a new car on Dec rather a phasing out model in any month. Because resale of a phased out model would be less if you compare with Dec purchased model.
That's what I feel.