Dhanteras marks the onset of Diwali and is one of the most auspicious days of the year. If you are planning to buy a hybrid car this Dhanteras, here are some essential tips that can help you with your decision. Irrespective of which car you choose to buy, do not forget to buy car insurance online as it will help you save time and money.
There can be a lot of dilemmas when it comes to choosing the right car variant. Even more so, now that we have a lot more options to choose from. Currently, you can find cars that are petrol, diesel, hybrid, electric and CNG based. Here is how you can choose which variant to buy.
If you are a bit old school, you will thoroughly enjoy driving an internal combustion car. This includes both petrol and diesel cars. For a smooth driving experience, higher refinement levels and good performance at higher RPMs, you can opt for petrol cars. On the other hand, if you are someone who drives a lot, a diesel car can help you keep the costs down. Also, diesel cars offer better torque figures than petrol cars.
You can opt for alternate fuel such as CNG or LPG if a vast majority of your usage is within cities or intracity. CNG cars can be a bit light on power and performance, but they are very light on your pockets. Also, the refinement levels of CNG cars are at par with petrol cars. However, there aren’t a lot of CNG or LPG bunks across the country, thus they are ideal for city usage.
There are a few fully hybrid car options in the market right now. Technically they are the most complex type of car on sale, which makes their maintenance a little bit more expensive. Fully hybrid cars are for individuals who want the refinement of petrol cars but want to eke out a bit more efficiency from them. A hybrid car lets you drive in fully electric mode, without having to charge your car like an EV.
If you are confused about buying a hatchback or sedan, here are a few parameters that can help you arrive at the decision more effectively.
Sedans have a longer wheelbase for cars, which translates to better interior space. If you are looking for a car that can comfortably seat the occupants, a sedan offers better comfort than a hatchback. In fact, some of the hatchbacks can cram you up for space for passengers in the second row.
Though most modern hatchbacks look smart and attractive, sedans might have an upper hand in this parameter. Sedans are classier to look at and make you feel good as well.
Due to the longer wheelbase, sedans have a bigger boot space as well. Buyers who are looking for a spacious boot should opt for sedans.
Hatchbacks are more affordable as compared to sedans. If you have a strict budget to adhere to, buying a hatchback can be a better solution. Also, the maintenance and running costs of the hatchback will be a tad lower than sedans. The higher price tag on sedans warrants more expensive motor insurance.
You should consider the dimension of the car before buying. A hatchback is smaller, thus requires less space to park and is easy to manoeuvre in traffic. If space is not a constraint, you can opt for a sedan.
The process of buying a car also involves deciding on a bank for your loan. Here are a few things that you must look at, before finalizing a bank for the loan.
After you have decided which car to buy, you would mostly be ready with your budget. In such cases, you can look at the rate of interest that different banks provide. You can reach out to your existing bank for a better interest rate.
Do not forget to discuss fees and different types of charges before zeroing in on the bank. You can inquire about processing fees, charges for late payment, loan cancellation charges, pre-closure charges, documentation charges and so on.
Apart from getting car insurance online, you can also consider loan insurance if the loan amount is on the higher side. In unforeseen events, this can be a lifesaver.
While inquiring about a loan, check about prepayment options for your loan. If there are any charges for prepayment or foreclosure of the loan what are the rates if any? Look for a bank that offers lower charges or no charges for prepayment and foreclosure.
A few car manufacturers wait for the festive season to launch new models of their cars. If you are in the market looking for a new car, it might be worth waiting for the festive season. It would give you the option to choose between new launches and existing models.
Though it can be quite enticing to buy a newly launched car, you must look at the budget and what it has to offer. Based on your needs, there can be a few features that are a must-have. If the new launch offers those features and it is within your budget, you can opt for it.
Buying car insurance online is one of the smartest things that you can do right now. It saves you from a lot of hassles and most importantly, lets you compare car insurance. Following are some of the most important parameters that you need to keep in mind while comparing policies.
It is the maximum compensation that an insurer will offer in the case of a total loss. Look for an insurer that offers a higher IDV.
An insurer with a larger number of network garages will offer you more flexibility in terms of getting your car repaired.
Add-ons can greatly enhance policy coverage. Look for an insurer that offers add-ons that make sense for you.
Look at the claim settlement ratio of the insurer as well as their brand reputation in general. You would not want to go around in circles during claims.
As you compare car insurance policies, you stand to learn a lot more about the policy while saving a considerable amount on the policy premium.
Above are some essential tips that will help you in deciding on a car if you are planning to buy one this Dhanteras. It is highly recommended that you opt for car insurance online to save money on the policy premiums. Without cutting corners in terms of policy coverage. Also, driving around without motor insurance is illegal and can cost you a lot as fines.
Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.
Was this article helpful?
Related Articles
Popular Articles
Latest Articles
Scan To Download
