Opt for upfront discounts rather than reduced interest rate offers.
High fuel prices and high interest rates on car loans may be a dampener for potential customers. But, with car manufacturers and even dealers offering freebies and discounts, one may as well loosen one's purse strings.
Buy a base version i20, costing Rs 5.4 lakh, and manufacturer Hyundai Motors will pay for 200 litres of petrol, a saving of Rs 12,800. On an i10, you can get free insurance, extended warranty and cash discounts.
Text: Business Standard
Images: Agencies