Why to Buy a Car This Diwali 2018

Diwali is not only a season to celebrate with your beloved family and friends. It is also the period to welcome new beginnings in your life. It is considered to be a very auspicious time to buy a new car, a new house, a two-wheeler or any other valuable property.

Several people in India look forward to purchasing their dream car during the Diwali season. It is the perfect time to apply for a car loan to make your dream come true. This is mainly because most automobile manufacturers and dealers provide attractive discounts as well as exclusive offers and gifts on car purchases.

While you plan to avail any of these exclusive Diwali promotional campaigns, you should evaluate the promotion very carefully before you actually sign up for one.

You can go for any car in the market according to your preference and requirement by applying for a car loan offered by any bank or non-banking financial corporation (NBFC). A car loan will simplify your car purchase process as you can pay the amount for your car conveniently through EMIs. You can compare multiple loan options by going to third-party financial websites or by visiting official websites of the lenders.

So, now let us find out why one should actually go for a new car during the Diwali season. Apart from being the festival of lights, Diwali is also a festival for brand new beginnings in life. You can celebrate it by getting a new car for you and your family.

Key reasons to buy a car during Diwali

• Several exclusive discounts and offers: During the Diwali/Dhanteras season, car manufacturers as well as car dealers provide discounts and offers in order to attract customers. If you go a for a new car purchase during some other period, you may not be able to enjoy any of these offers.
• Special cashback and gifts: When you go for a new car during the festive season of Diwali, you can enjoy cashback options on your purchase. You can also participate in lucky draw contests and scratch card contests.
• Great time for replacing your old car with a new car: If you are exchanging your old car with a new car, you will also get a good exchange value during this season. You can enjoy a lot of savings while purchasing a car for Diwali.
• Free insurance: That’s right. You read it right. You can enjoy free insurance for the first year after you purchase a car when you buy it during Diwali season. You will need to talk to your lender, insurance company, and auto dealer in order to avail this benefit.
• Attractive interest rates: When you want to take a car loan to buy a new car during this period, you can enjoy excellent interest rates during the Diwali season.
• Absence of processing fee: When you apply for a car loan during the Diwali season, you will most likely get a waiver on your processing fee which needs to be paid once while applying for the loan.

BankBazaar Car Loan Eligibility Calculator

Before you actually apply for any particular car loan, you could check if you are eligible for it or not. This can be achieved by using the convenient BankBazaar car loan eligibility calculator. You will need to enter your name, job details, income details, age, city of residence, and loan details in order to get your eligibility assessed. This calculator will help you make a practical decision regarding your loan.

So, what are you waiting for? Hurry up to avail any of the best offers available in the car market and bring home your dream car this Diwali! You can soon hit the road and explore the most wonderful places in the country by driving your car.