Rains may not be common at the end of the year, but a deluge is already in the making this December. Car makers and dealers are showering buyers with discounts and freebies as they close the year and prepare for new launches.
Be it Hyundai India’s ‘December Delight’ with cash discounts and exchange benefits, Honda Cars India’s 70th anniversary celebration with discounts across its model range, or Maruti Suzuki, Ford India and Tata Motors’ exchange and insurance offerings, the gains are many, for all. So if you’ve missed the festive season of October-November for buying a new car, now may be a good time to pick one.
If, however, you are one of the buyers who is in a dilemma about picking a car in December or January, it’s not too difficult a decision. If you are looking to increasing your savings, buy in December to avail of the year-end discounts as car dealers prepare to clear their inventories.
If, on the other hand, you have the car’s resale value in mind, buy in January. This is because you will get the new year’s registration, 2019, instead of 2018, stretching the value of your car if you were to go for a resale in a few years.
There are several new offerings lined up for launch in January and February 2019, in various price categories. These include the Ford Figo (Rs 5 lakh), Maruti WagonR (Rs 6 lakh), Mahindra TUV300 (Rs 9.7 lakh), Nissan Kicks (Rs 10 lakh), Tata Harrier (Rs 13 lakh), Hyundai Elantra (Rs 15 lakh) and Ford Endeavour (Rs 30 lakh), among others.
To help you with the decision-making, ET Wealth, in collaboration with CarDekho, brings to you a listing of the top five cars in four price categories: below Rs 6 lakh, Rs 6-12 lakh, Rs 12-18 lakh, and Rs 18-40 lakh. Besides listing the specifications and providing reasons for giving the top billing to these cars, we have also calculated the resale value, monthly cost of running a car, and the approximate EMI for a fiveyear loan ,if you decide to finance the car through a loan.
We hope these figures will help you calculate the actual cost of owning a car and accelerate the process of decision-making. So, go ahead, pick the car that suits your taste and budget requirements. Happy shopping!
The best five cars below Rs 6 lakh include Datsun Go and Ford Freestyle.
The best five cars between Rs 6 lakh and 12 lakh include Maruti Ertiga and Hyundai Elite i20.
The top five cars between 12 lakh and Rs 18 lakh include Hyundai Creta and Jeep Compass.
The best five cars between Rs 18 lakh and Rs 40 lakh include Skoda Octavia and Volkswagen Tiguan.