In the era of cabriolet, Indian roads are flooded with many cars; from entry level hatchbacks to compact cars. Indian automobile market is galore of domestic and international automotive brands. When cars talk to wind on roads, many of us start wishing of having their own car, but the thought of expenses the car will demand, asides all wishes and we end up drowning the idea of purchasing the car.
People think that choosing a car to buy is a challenging task to go through. But it's not that challenging as you may think. By executing some simple tasks carefully, you can get your own car which may fit best with your pocket expense. You just need to be attentive to make decision regarding best budget car. Now, you might be thinking what kind of tasks? How can one recognize the budget car with all updated measures?
Then, there is no need to worry about this, anymore. By going through these following steps, you can choose a best value car at familiar cost.
1. Budget is everything - The first task ever need to execute, is your budgeted amount which suits to your pocket expense, to pick a new car. Set the amount which you can pay. Then, do research for selecting a budget car.
2. Calculate money you can pay in a month - You need to decide the mode through which you are going to pay for your new car. A car can be purchased on loan. There are several banks which provide car loans. But the important thing to perform is to choose a good loan scheme. Take an example, if you are planning to get your car financed then first decide that how much down payment you can afford. Then, select good scheme for years, according to monthly installments which you can pay.
3. Take decision about picking a new car or an older one - If you are wishing to buy a compact car, then choosing a new one is good choice for pocket expense and also makes sure that it may demand less maintenance. And, if your liking is a big car like SUVs and Sedans then to pick an old car is worth full. But, you may face high maintenance cost for the older one. Choose as per your choice by keeping an eye on both factors.
4. Tally car brands and models according to your requirement - If all is set to bring a car, then select car models which fulfill all necessary requirements and fits perfectly with budget amount in all aspects. First thing to consider about picking a budget car is about power engine. The car's engine should be fuel efficient and it is equipped with maximum safety features, either it has air bags or if it's not available than, the car should have powerful breaking system. The car should urge low maintenance cost, low service cost and good spare parts which costs low.
5. Keep a room for Aftermarket Expenses in your budget - Enquire the on-road price of those cars which costs lesser than the budget you have decided so that you can go for aftermarket accessories and fittings within the range of your pocket. Let's take an example, if your budget amount to purchase a car falls around Rs. 5 Lakh, then always calculate the car price after 'aftermarket expense' or choose a car of less price value than your budget. Because everyone wants a car with good accessories like music player, wheel caps, alloy wheels etc. and that takes extra money to spend on the car after buying.