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Buying a new car can be a harrowing experience especially
when you have a whole sea of options. There are a million
questions to be answered, everything from features the car
offers to the warranty offered by the manufacturer right down
to the after market sales, spares and service. Zigwheels helps
you to break down this daunting process in a much simpler
manner.
Step 1: Starting out
Once you have determined which car suits your needs you would
have a good idea of what to pay for your car. Narrowing down
further will help u get closer to the exact car you want.
Step 2: Discounts
With the current market being crowded and competitive, many
new cars are offered with attractive discounts. The discounts
could be in the form of cash or low interest financing. You
can watch out for ads on the TV as well in the newspapers
for available discounts.
Step 3: Get only what you need
By now you should have a specific idea of the car you want
to buy. You should know all the make, model, trim and options
available. The top end variant might be having the most features
and options but it’s not necessary that all of them
are useful. It can always be that one of the lower variants
is more value for money. Choose according to your needs.
Step 4: Negotiating the best price
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.
Step 5: 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.
Step 6: 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.
Hope this helps you in aquiring your dream car. Happy and
safe driving.
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