Factors to consider while buying a new car in India

Factors to consider while buying a new car in India

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Buying a new car in India is a great financial decision that an individual makes. But, whether it's an SUV or a hatchback, purchasing a new vehicle can be tricky since, along comes this purchase, a whole lot of sentiments. Most people dream of a car that drives seamlessly, looks slick, and is also budget-friendly. However, with a wide array of available options, how do you make the right car choice?

Here are the top 4 factors you should consider before buying a new car in India. Let's find out. Read on!

Brand

As the world has advanced over the last couple of years, many car manufacturers have found their way to India. The obsession with owning a car is higher, now more than ever. People from all walks of life want to purchase cars for convenience and an upgrade in their life to a certain extent. So which brand should you pick when selecting your dream car? Reading and researching may be the simplest ways of finding that out. Read about the cars made by different manufacturers. Even before you jump on the budget, find out the overall pros and cons of the brand cars. Once you've figured that out, move on to the next most important thing- the budget!

Budget

An essential thing to remember here is that the on-road price of a vehicle varies from that of the showroom price. When you are set to purchase a car and have a certain budget, do remember that this disparity can come into play. So, always have a buffer amount ready if your purchase exceeds the budget. Also, check out the car loan rates to know which one charges the lowest interest rate. Cheap car loans are now available easily since many banks and finance companies are committed to offering buyers low-interest rates for the loan required. 3. Fuel efficiency: An often overlooked but critical factor to consider is car fuel efficiency. This may not seem pivotal when you are set to make the purchase, but it saves you money in the longer run. If the mileage of your car is higher, you'd have to spend less fuel. Fuel rates are increasing with each passing day; your vehicle is useless without them. So fuel cost is a significant expenditure and should be factored in when purchasing a new car.

Other important features

• The sturdiness of your car comes from the engine type. If your engine is solid and efficient, the car breaking down frequently will save you the hassle. This can become a point of contention if your car's engine is often damaged. Thus, car engine type is essential for buying a new car in India.
• Style and comfort come second to the sturdiness of your car. Everyone envisions their car to look a certain way; of course, comfort is a given. Make sure you book a test drive of your car before purchasing it to know everything about its style and comfort.
• Another factor that takes precedence over anything else is your car's safety features. If your car is loaded with efficient safety features, you will have one less thing to worry about. A gear lock, an alarm system, and airbags are standard points to consider when looking for a new car.

If you are still feeling confused, download Park+. With Park+, you can now buy the most suitable car. We help you make this big decision- correctly and quickly. Download the app now!