New cars in Mumbai

Planning to buy a new car? Well, there are a few things that you should definitely keep in mind before taking the plunge. After all, it is not only a major financial investment but is also a memorable milestone of your life, one which you’re going to cherish for years to come. And that actually makes car-buying an emotional process as well. But before you indulge in the euphoria of buying new cars in Mumbai, turn on your practical self and make a check-list of the factors you should take in consideration.

Homework

      Budgeting is the first and foremost thing that you should analyze when the thought of buying a new car strikes you. And by budgeting, we do not mean only the purchase price, it is a wiser move to delve into fuel efficiency, service costs, insurance premiums, and so on. Once you decide the price range, move on to outlining the type of car that best meets your needs. There are several makes and models these days, and you should take your pick after giving sufficient thought. You should also dwell on whether you want to buy a diesel car or a petrol car.

2.      The Test Drive

      You should never buy a car based solely on someone else’s opinion. It is imperative to keep in mind that what is right for someone else might not be right for you. Go for a comprehensive test drive in traffic that will give you a concrete idea about the comfort of the driving position and engine responsiveness. For second opinion, you can consider taking along someone – a friend or a relative – preferably someone with a basic knowledge of cars. Also, make certain that every commitment made by your dealer is given to you in writing and signed on their letter head.

3.      Sealing the deal

      Do sufficient research on the available discounts; this ‘shopping around’ will prove to be completely worth it in the long run. You can also consider calling a Direct Sales Agent for a quote. Also, make sure you check the actual interest rate rather than the quoted one, as this often reveals glaring discrepancies. Keep in mind that getting a loan against fixed deposits has a number of advantages, including lucrative interest rates, minimal paperwork, and flexible repayment plans. When t comes to buying accessories, you should crosscheck their prices between the showroom and after-market dealers. Dealerships usually make a significant amount of money on accessories; in case they are bundling accessories for free, verify their quality and brand. Last but not the least, it is advisable to buy insurance yourself after taking a few quotes from insurance companies/agents. Dealerships usually make hefty commissions on every insurance policy sold.

However, this is not an exhaustive list. There are quite a few other things that are to be taken care of, to ensure that you have a satisfactory experience of buying new cars in Mumbai. It is an event of your lifetime, so make it fulfilling in every way you can!