Tips and Cars For First Time Buyers in India

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    If you’re a first-time car buyer, you need to have adequate knowledge about not just the car but many other things. Read this complete guide before you buy your first car.

    TIPS AND CARS FOR FIRST TIME BUYERS

    Buying a new car is one of the most tedious and catastrophic adventures for first-time buyers. Even experienced car buyers may also face problems while buying a different car and the only reason is money that is being invested.

    After home, a car is the second biggest investment and that too with a depreciating factor. From looking for the right design and features to choosing the accessories which makes a car the perfect match for your family and you, there are various things that come into play. Which is the best car in the market? What is the mileage? What are the safety features I need? What type of car insurance do I need? What is the best time to buy the car? These are the questions that pop up into the mind of every car-buyer. And relating to this, we’re currently hoping to answer these questions.

    So, while being a first-time car buyer is not simple, we have compiled a list of top things to keep in mind while buying a brand-new car to make the experience smooth and steady. Along with this, we have tried to accumulate a list of best cars for the first-time buyers based on expert’s review.

    1. Determine the Budget

    The budget is the most essential and preliminary step while buying a new car. You can perform a onetime payment or opt for an EMI process whilst purchasing your first car. In the case of the latter, your financial plan is based on what you can afford per month. To keep in mind, the expenditures while purchasing a car aren’t confined to the vehicular cost only. There are charges like insurance, regular maintenance and fuel cost apart from road tax. Case in point, a car like Maruti Suzuki S-Presso that has a labeled price of Rs 3.69 lakh (ex-showroom, starting), will cost you around Rs 4.2 Lakh (on-road). So, it’s very important to determine the budget and don’t go for a car that can put a dent in your wallet. The most economical/affordable cars are Renault Kwid, Maruti Suzuki Alto, Hyundai Santro and Maruti Suzuki Wagon R.

    2. Type of the Car

    Another question which appears in buyers’ mind is which type of car should they be buying? The first set of assignments that any car-buyer must do is deciding the kind of car they want to purchase. There are a set of questions that you can inquire to find the fit that is most suitable even though there is no rule which can help us make this decision. From the dimensions of the automobile which you need into usage of the vehicle’s frequency, there are factors that determine the type of car you would want to purchase.

    A body type defines layout, a vehicle’s appearance and space within the cabin. Mainly, there are four body types – sedan, hatchback, SUV and MPV. These body types are further divided into subcategories. You must be careful in your buying decision and plan. An individual may think of buying a 7-seater MPV as they go for a family vacation once in 6 weeks. However, for the remainder of the day, an additional two chairs are wastage of resource and space. Do not buy what you do not require. While the notion of ‘bigger is better’ based on the ease of driving, the size of your family, and your budget, a sedan or hatchback makes the best sense for a 4-person household! An SUV will make sense if you’re a person who enjoys travelling through rough terrains and are inclined towards long road-trips personally.

    3. Whether to Buy a Diesel or a Petrol Car?

    Good deals of individuals are confused about purchasing a diesel or a petrol car. In Delhi-NCR, CNG is growing as a credible alternative for the two power sources, along with the supply of electric vehicles. One must understand their day to day running to tackle them all. The cost of a diesel-powered engine is comparatively more. Therefore, many experts suggest buyers to choose the petrol versions as it serves the need for light-usage while diesel versions are encouraged for frequent users! So apparently it all boils down to your need of day to day running. Therefore, one must compute wisely and take a decision.

    4. Resale Value

    Although a car is the second biggest investment in an individual’s life, its value depreciates with each passing year. There are two worldwide truths about buying a car that everyone should remember. To begin with, automobiles are known to be depreciating resources and second, they are certain to be updated in a couple of decades. Taking these two factors under account, choosing a brand that’s proven to have a good resale value is the smart way to go forward. And it’s important to understand the concept of resale value. Nobody would like to lose a hefty amount on cars for nothing but only years. To cancel this effect, buy a car with high resale value. Certain brands and cars such as Maruti Suzuki Alto, Maruti Suzuki Baleno, Maruti Suzuki Swift and Hyundai i20 control a higher resale value.

    5. What Safety Features Does My Car Need?

    Another vital determining factor while choosing any car needs to be from the safety aspect. There are factors which you must double-check while the government has been ensuring the security norms more stringent for four-wheelers and two-wheelers equally. By October 2019, all cars will be mandatorily required to have ABS (Anti-Lock Braking System), dual airbags, and parking sensors. Make sure that you check for extra security features like Electronic Stability Control (helps employ brakes on individual wheels and maintain better control), Autonomous Emergency Braking and Steering, among others. There are few comfort and convenience aspects as well which ensures enhanced features, such as Tata Altroz comes equipped with perfect Harmon Kardon speakers, Hyundai Venue has a sunroof available in SX and SX(O) variants. The new Renault Triber is equipped with brand new technology and useful features that provides excellent comfort and convenience with each drive. There are always possibilities and options of revamping the car’s interior, adding acoustic sound systems, etc.; that most individuals would like to customize according to their preferences!

    List of best cars from various brands that is worth buying for the first time

    Recommendation of the fine value cars are as follows:

    1. Hyundai Eon

    This car won’t get you a feeling for compromise like its alternatives. It is spacious with bigger boot space, an extremely comfort seeking cabin and a well-engineered hatchback with perfect build quality that makes it an overall package. Please check for details at www.carjasoos.com.

    Recommended Variant – Hyundai Eon Era+

    2. Maruti Suzuki Alto K10

    The fresh look of Maruti Suzuki Alto K10 with an automatic gearbox makes it a convenient car at a very affordable price. One can overlook to its weaknesses as it comes with an added advantage of value for money which every first-time car buyer is looking for. Please check for details at www.carjasoos.com.

    Recommended Variant – Maruti Suzuki Alto K10 VXI-AGS

    3. Hyundai Grand i10

    Hyundai Grand i10 is the most rounded hatchback as its covers all the added advantages from the perspective of a hatchback buyer. It is equipped with practical interiors; refined engines and it is available in 10 variants which caters a vast majority of audience. its competitive pricing and features are giving tough fight to Maruti Suzuki Swift. Please check for details at www.carjasoos.com

    Recommended Variant – Hyundai Grand i10 Magna 1.2 Kappa VTVT

    4. Renault Kwid

    Renault Kwid carries a look of a big car and the styling is inspired from Renault Duster. It’s one of the most fuel-efficient entry-level hatchbacks in the segment. It has a spacious boot capacity. If you are looking for a stylish hatchback with a fuel-efficient engine, then it’s the most efficient package for first time car buyers. Please check for details at www.carjasoos.com.

    Recommended Variant – Renault Kwid RXT (O)

    5. Honda Amaze

    Honda Amaze is the most affordable automatic car which is equipped with paddle shift and has also been awarded 4 stars in safety crash test rating. It’s one of the most preferred compact sedan cars in India. Please check for details at www.carjasoos.com.

    Recommended Variant – Honda Amaze CVT Automatic

    Car Insurance

    To keep you and your car safe on streets, car insurance is mandatory. Consumers have a tough time differentiating between the vehicle insurance covers that are readily available. Is it a Comprehensive Car Insurance that is worth buying or is it the basic Third-Party Insurance? Likewise, is nil depreciation an important addition to your insurance program? These are a few of the questions that we contemplate.

    To simplify things, the most practical selection for a new car needs to be a comprehensive automobile insurance that offers add-ons to pay for the depreciation value of your car, offers a consumables cover (for consumable items such as nuts and bolts, screws, washers, grease, lubricants, clips, AC gas, bearings, distilled water, engine oil, oil filter, fuel filter and brake oil, etc.), along with providing the basic third party liability cover.

    However, in addition to this, there are multiple other add-on features that ensure that your automobile insurance is worth considering. It can have the no-claims to EMI coverage. Choosing additional covers like an Engine Cover, Daily Allowance Benefit (covers the traveling allowance for the timeline when your car has been repaired in the garage), etc. ensures the security and safety of your car in all conditions.

    Conclusion

    India is a huge marketplace for automobiles, but most of the population fall under the middle-income group and we understand that car buying is not a regular process. First car requires lots of savings and a well-planned thought hence the emotions connected to buying the first car is very well comprehended therefore, we don’t want you to make a wrong choice due to lack of adequate knowledge. These are some of the options and decisions that each first-time car-buyer should consider.

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