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Is buying a car pre GST ideal?
Posted on: 19/Jun/2017 4:49:36 PM
From July 2017, the Goods and Services Tax is to be implemented. At a time when the day is fast approaching, the car market in the country is gathering huge pace. There are attractive discounts offered by various car makers. However, buyers are skeptical about whether or not to buy the car now or wait until the GST is implemented.
Those who are likely to buy a few car have got a win-win situation now. It is advisable for you to buy cars at the best discounted price. It is good that the dealers and car makers are showing more interest in selling you a new car. Consider this as stock clearance and buy your car without any delay.
If you have had a plan to buy a new car during the festive season, you can make use of this as an earlier opportunity. After GST, budget and mass market cars, it is likely that there may be an upward revision rate by 3 to 5 percent. The rate of Rs 5 lakh car will see price hike of Rs 15,000 to Rs 25,000. So, even in case of car offers, the car will be priced more.
