Tips to buy a new car

  • Published October 21, 2010
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It's a buyers market so you can bargain with the dealers for a better deal. But it's never going to be easy. Never shy away from asking for freebies or cash leverages.

The deal may differ at different dealerships so make sure you inquire at more than one dealership.


Getting Finance

Not many can afford to buy a car on outright cash. For the rest of us Finance is the best bet. Find out what suits you better, lower EMI or a lower down payment. Look out for banks offering the lowest Rate of Interest so you don’t end up shelling out too much interest. Finance through dealers can get to be an expensive affair whereas Independent finance companies specializing in car loans often have the lowest Rate of interest with quicker approvals.

Authorized dealer or Private dealer, which is a safer bet?

Buying from a dealer is usually the safest best. Be it in terms of warranty, ownership or after sales service. All though private dealer can offer u a better deal the same cannot be said about the above parameters. There are cars available on auctions as well but we wouldn’t even like to mention it here so AVOID.

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