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Have a plan to get a dream car of your choice in coming days. Do you know apart from researching on the best car to buy - you can also save upto Rs. 20,000 on a car worth Rs. 5 Lac by clinching the best discounts and say Rs. 30,000 worth on a car upto Rs. 8-10 Lacs.
Before knowing how to get these discounts, its imperiative to know the scope of margins and discounts which are available with a car dealer.
1) Margin on the Car
2) Commission on Car Finance/ Car Loan
3) Commission on Car Insurance
4) Margin on Car Accessories
5) Charges as mentioned in form of Logistics
6) Potential Revenue in form of Service through workshop
Now in the above 6 revenue streams for a car dealer - do you know that you can negotiate upto first 4 streams - i.e on the car,car loan, car insurance and car accessories.
You must have heard that theres always a discount scheme goes on different cars. Say in Honda City as on date theres a discount of Rs. 50,000 worth cash discount and free Insurance as advertised by dealers. Rs. 50,000 plus insurance worth Rs. 20,000 or say a cash discount of Rs. 70,000 - Huge Amount . But - is that all ?
Car Discount
No - first step is to claim on addditional discount. How ? Research on Net - Submit enquiries to 1-2 car websites. Get on to there deals. It will always be higher by Rs. 5000- Rs. 10,000 . Visit Dealer - show him that you are prospect - interested to buy this car and also getting Rs. 10,000 extra. Dealer will immediately commit to better off the deal if you make a booking with him. Take the best deal from him and always so - No ?