If you are planning to buy a new car, it is very important to know the right time instead of rushing. There are some special months in a year when car companies offer heavy discounts, exchange deals, and attractive finance schemes to attract customers. buying a car during this time can help you save money and get benefits. You may also get extra offers like free accessories or lower interest rates on car loans. Choosing the right month can make your purchase more budget-friendly and valuable. Let’s find out which months are considered the best and most profitable time to buy a new car.
In India, the financial year ends in march, and this is the time when car dealerships usually offer huge discounts and attractive deals. Dealers try to complete their yearly sales targets, clear old stock, and make space for the new models, so they provide benefits like exchange bonuses, corporate offers, free insurance, accessories, and special finance schemes. Business owners, self-employed people and the companies often prefer buying cars during this period as they can claim it as a business expense and get tax benefits. Individual buyers can also save a lot of money. visiting dealerships in the last weeks of march can help you get the best deals.
December is one of the best months to buy the new car
December of often considered one of the smartest months to buy a car in India. There are several strong reasons behind this. During this time, dealerships try to compete their yearly sales targets before the calendar year ends. To clear old stock and make space for the new models arriving next year, they offer attractive year-end clearance discounts. Buyers can often get big cask discounts. Buyers can often get big cash discounts ranging from Rs.40,000 to Rs.80,000 or even more, depending on the car model and location. Along with cash discounts, dealerships may also provide the exchange offers, free accessories and special finance deals, making December a great time for the budget-friendly car buying.
The last month of the year also brings strong pressure on sales teams and dealership management to meet their yearly, quarterly and monthly targets. Because of this, customers get better bargaining power and can negotiate for extra benefits like free accessories, extended warranty or even zero-interest EMI Schemes. Another major advantage of buying a car in December is avoiding prices hikes. Most car companies increase prices in January due to the new model year updates or rising costs. By purchasing in December, buyers can avoid these price increases. In many cases, the combined savings from discounts and avoided price hikes can be very significant.
