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  1. sharad
  2. New Car Deals & Offers
  3. Saturday, March 05 2016
How to Negotiate while buying new car? What are various types of discounts ? What additional cost is incurred after buying a new car? ( Apart from RTO & road tax)
Admin Accepted Answer

There are

a. Consumer Offer - Scheme run by Manufacturer - which remains same across all dealers

b. Dealer Kitty Offer - Dealers earns commission on Insurance Premium, Finance Cases, Accessories Sale apart from Fixed Revenue in form of Car Sales and Logistics Charges. They pass on a portion basis there inventory stock, demand and consumer negotiation

For having the best deal
> Advisable to involve 2 to 3 dealers and make them compete in there net price offering

> Have Insurance Premium done Online. It ends up been economical

> Compete Dealer Finance Quote with Bank DST Team and compare rates to get most competitive offering. Even - there is 100% Processing fees waiver been taken by sourcing agent from Bank in case of competition and relationship

> Accessories are generally priced higher at dealer counter. For direct fit accessories like - Seat Covers, 3D Mats, Alloy Wheels - they are much more economical at individual retails counter with even better quality from reputed brands and range

Additional Cost after Buying Car
> Upfront Dealer Handling Charges - though its marked illegal - know details on Logistics Charges of Dealer

> Additional Fitment done - like Seat Cover or Upgrading Headlights with More Powerful Bulbs

> Scheduled Annual Service cost - as per Service schedule laid down by Manufacturer

> Annual Insurance Premium

> Running repairs of Wear & Tear Items or Part Failure

> Unexpected repairs in case of accident

Hope should help !!

  1. more than a month ago
  2. New Car Deals & Offers
  3. # 1
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