Planning to buy a motorbike or a car in India?
If thats yes, then this start of 2009 may be the good time to buy your dream vehicle (car or motorbike) in India.
The global financial crisis have greatly affected on global consumerbase including auto industry and many manufactureres are feeling its heat to cut down the prices of autos worldwide.
i have observed the prices of motorbikes, scooters of major brands
Motorbikes/Two wheelers = Less by Rs. 3000 to Rs 5000.
Cars = Less by Rs 30,000 to Rs 50,000.
The good news is prices have fallen and the bad news is there is a slim chance of getting approval from banks for either a car loan or a two wheeler loan. Banks in India, especially private banks have entirely stopped giving loans to the buyers.
No one knows how long the global financial crisis will last, but if you have money with you then this is the right time to buy your favorite car or motorbike.
Similar Posts:
- Worldwide Financial Crisis Hits Banks and Insurance Companies!
- Cash withdrawal at Banks in India!
- Paypal NOW allows Direct Withdrawal to Indian Banks
- RTGS vs NEFT? What is the Difference?
- Going Abroad? Dont violate Forex norms!
- Best Car to buy under 3 lacs in India
- Paypal outage resolved in India! Bank withdrawals resume on March 3rd
- India Travel – Tips for using Credit Cards in India for Foreigners
- A TRUE Rich Person?
- Google News Inclusion Tips!
October 26, 2010
i hate car loans because sometimes that interest rate is not very fair’~~
October 26, 2010
Stay away from loan sharks! Dont get too carried away by family members to go for loan! Always SAVE money and then buy with cash payment. i know its hard but trust me you will be free from tensions!