The good thing about the slowdown is that it has turned the car market into a buyer's market. The trend will continue in 2014. Car makers will launch new models to grab your attention. Dealers will offer discounts and throw in freebies, provided you know how to bargain hard. The only deterrent is high interest rates.
But experts feel inflation has peaked, which means loans won't get any dearer. So this could be the right time to buy.
Enjoy while car-makers pamper you with choices. Hatchbacks will pack in more features, sedans will consume lesser fuel, SUVs will become compact and luxury cars will come within reach.
Text: Business Standard