Post Lockdown: Best time to buy a used car?
This is the best time to buy a used car. Obviously that’s when
the lockdown lifts and if you are in the mood to buy a car and several reasons
for that one is of course you know lot of good cars are going to discontinue
especially a diesel car. Because lot of them is not taken into bs6 era which
comes into effect from 1st April 2020.
Of course that has been
pushed a bit with the lockdown. It’s got a little messy with certain supreme
court directives an you know it’s still there are some possibilities to buy old
bs4 cars basically they are all out of the market and what that means is that
there are some of these good cars in the used car market. There are lots of
diesels you will not get new it might makes sense to look at good diesels as
used cars. Because a lot of them lasts really well they don’t need too much
maintenance and they make for good used car buys. There’s also another very
important reason to buy a used car and that’s again to do with the bs4 to bs6
transition and now what has happened is regulation after 1st April
or little bit after the lockdown you can’t sell a new bs4 car so a lot of
dealers are straggled with stock.
So rather scrap them they have registered the
car themselves either their names or some of the associates or the companies
names and they have got this whole pool a couple of 1000 them are unused used
car because as lot of them are already registered. Technically become used cars
they are absolutely brand new it’s been done so that the registration could
have been complete before bs6 deadline. But obviously there been no takers for
this so what the dealers are doing they registered this new cars themselves and
sell it in the used car market.
Now the advantage i.e. a lot of bs4 cars are
straight out of the showroom for the petrol ones is gone 25% to 30% off you are
getting the benefit of one full year depreciation right up front and the car is
absolutely brand new. On diesels because diesel are going to be more in demand diesel
are going to make it obviously let’s say that impact would be less so diesel
unused used car will call it will be around 20% to 25 % off so that’s really some
great deal you got brand new Skoda Superb you got brand new Nissan Kicks and
whole range of pretty diesel cars with 0 mileage which you can now get at 20 to
25% off may be even more.
So that’s a really good time to buy a used car the
stock of this is just about couple of thousand cars by estimate what most of
the dealers say. So it’s not going to last for long so just snap up this cars
as soon as you can also another reason to buy these car is that the prices of
bs6 cars have gone up.
No comments