In the last series we have mentioned only three tricks to get the best possible savings on new car purchase, whilst of the remaining part to be mentioned in this series. As we all know, and had already said in the last prescription as well, the purchase of new car falls quite tougher than the old ones sometime, and to be true the mentioned below insights will help you to get the better derivations on newbies.
Depreciation – The Killer
Dealer deals the metal most probably when the profit section falls heavy on his part and in most of the cases offers and discounts are given in ‘larger than the life postures’ which hence makes our mouth watering for the purchase to happen as soon as possible. Wait, before going splashy on the big discounts, find what is going underneath the hat of dealership! Exactly what happens, the car which is standing for a long time in showroom, and has a wide depreciation in the buying-selling point, or in short with “lesser resale value” are bestowed with lush of discounts and freebies, hence before making the right decision, cross check it with the pre owned dealers how that particular model plate is fairing in the used car fraternity. However, it sometime feels that, though how much brownies the car scores on critic’s scoreboard but tends to sink down very badly due to the resale market value, and to an extent it sometimes also depended on the brands as well. Taking an example from the clutter which is quite different from the auto industry i.e. “technological world of mobile phones” where at a time Nokia was standing with more than 90% market shares in horizon, and trust me all was due to the massive resale values, which the other brands like Samsung and such were deprived-off in spite of having advanced features in their kitty at a competitively lower price. Sorry for throwing you off the beaten track, but it felt necessary to get the things simplified in layman’s language. So the next time before getting into the showrooms make confirmation about the decided model resale value, will definitely help you to better understand the insight of pricing strategy.
Don’t tender discount against the ‘Special Offer’
The moment you entered the dealership premises, everything starts coming towards yourself, and sometimes we make the deals ends by referring ‘special offer’ against a ‘discount’, which is quite not have to be done in the case of new car purchase. Dealers often get the things in way they want as, precisely he says, discounts on finance and insurance had usurped their actual profits and so he is unable to pass on that extra amount of benefit. At this point of situation we say, don’t tend to barter discounts against the special offers, because if one sees on the larger picture, then offers are meant to be a part of their daily schedule, maybe to clear the inventory or so, but the discounts are directly inclined from the auto companies, and so it remains uniform at all the outlets. Trading-off the discounts for special offers will be your loss and seller’s profit, if possible we suggest ask dealer for both of them together, which is quite not possible at times, but what goes in asking them, may our luck tend to be standing frugal at that time and we may walk home with zen type smile on faces. Well no one knows what lies beneath.
Be peculiar about the ‘Old Car Exchange’
In this point, we are again back to the basics, which we have already mentioned in the first point of this article, and that’s “Resale Value”. The resale value of old car at same dealer where you are going to buy new car may land in the section of loss making deals, unless and until you are willing to do the things without hassle. As a norm, the dealers often tend to have their piece of price in old car exchange dilemma and to be true they fill in the pockets by such new means even landing you with heavy discounts on the new car purchase. The best option is, do the rounds at doorsteps of used car dealer and know how much does this old piece of metal is going to fetch. Even if one is not achieving the desired rates, then he may face towards “internet lobby”, which now is having a lot of options popping every now and then. Just similarly one of my friends had scored an additional Rs. 25,000 on his old Santro by referring web services, which the dealers were not even reaching closer to the spot that he had achieved via internet selling point. Trust us it is the fastest catching trend in industry and had expanded a lot in size and as well as volume, with thousand of options to choose from without even paying a penny, in sense brokerage or so other charges.
Take the maximum time to shop around
‘Maximum shopping time’ here it means explore as much options as possible. It is the human tendency, what falls near to his society he preferred to be stricken with that only, even though if that particular selling point charges a bit premium than others. In this case, one tends to compromise on the tags which its slotted dealer had said, even if he is asking more than others. Our suggestion is to get the list of possible dealers in your city and visit maximum of them to know what is going on under the hat of everyone. Many a times it is seen, the customers buy the car from his nearby access but when he sees the bit far away situated options, a wide gap of difference falls in between both the selling points. Just in the case of metro cities, it happens the way, the places in main town claims to be costlier than the ones who are situated in the outskirts. For example, a steep difference taps in between the cost of ‘Thane’ dealerships against the ‘South Mumbai’ dealerships. Well we think this one is now clear. To be factual, in my own experience, my friend circle also go for this strategy even buying bikes, which leaves them a difference of around Rs. 5,000 – Rs. 10,000 in the two wheelers purchase, so think what the heavily bucked car could give in on the save.
Hope so all the clarifications are sorted peacefully, but if still something which is lying in one’s mind then can contact us via your comments or other means.