Is it good option to buy bs4 vehicle in 2020?

Is it good option to buy bs4 vehicle in 2020?

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Cropped1865566971
Deal Subedar
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auto companies are expected to give big discounts on bs4 vehicles in March 2020.
only bs6 vehicles will be sold from 1st April 2020.
bs6 vehicles will be expensive and fuel prices are expected to rise.

12 Comments  |  
7 Dimers
Missing
Deal Subedar
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You can consider if heavy discount. Hassle free registration before April 2020.
Registration valid for next 15 Years.

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Deal Subedar
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There will be no or very limited resale value, as no fresh registration possible after 1st April..
However, a good deal for own use as long a you intend to keep it for at least 8-10 years.

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Deal Subedar
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Also try purchasing by mid-Feb, to give enough time for completing registration process before 1st April.

Babys%2001
Deal Subedar
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panchabhut wrote:

There will be no or very limited resale value, as no fresh registration possible after 1st April..
However, a good deal for own use as long a you intend to keep it for at least 8-10 years.

Is it so? Old vehicles which are already registered can’t sell & re-register on new buyer’s name?

Cropped1865566971
Deal Subedar
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Expand
drjpatwa wrote:

Is it so? Old vehicles which are already registered can’t sell & re-register on new buyer’s name?

this is applicable only for sale and registration of new bs6 vehicles.
yes, you can resale old bs4 vehicle registered on or before 31st march 2020.
but old bs4 vehicle may not get good resale value from April 2020.

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Analyst
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If you need to upgrade do it now. No point in waiting for 6 months. End Nov and Dec anyways there will be offers.

Why happened to regular 100w light bulbs by CFL and LED killed CFL. Same will happen to petrol engines. When petrol prices will be steady 150/ltr. diesel cars will be banned. Only viable option which will remain is EV.

So 10 years from now petrol cars will be vintage another trick govt will do is make the norms so strict that car makers have to sell basic cars which now cost 4 5 lakhs close to 10 lakhs and bring down EV prices from 20 Lakhs to 15 lakhs that way EV will look affordable.

Let me take some assumptions

10 year breakup will be like this
Petrol car
10 lakhs cost + 4 lakhs taxes + 6 lakhs petrol = 20L

EV car
15 lakhs cost + 50000 taxes + 1. 5lakh elec cost = 17L

People will be forced to buy EV with extremely bad resale value for petrol cars.

Cropped1865566971
Deal Subedar
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1699
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dharmanath481 wrote:

If you need to upgrade do it now. No point in waiting for 6 months. End Nov and Dec anyways there will be offers.

Why happened to regular 100w light bulbs by CFL and LED killed CFL. Same will happen to petrol engines. When petrol prices will be steady 150/ltr. diesel cars will be banned. Only viable option which will remain is EV.

So 10 years from now petrol cars will be vintage another trick govt will do is make the norms so strict that car makers have to sell basic cars which now cost 4 5 lakhs close to 10 lakhs and bring down EV prices from 20 Lakhs to 15 lakhs that way EV will look affordable.

Let me take some assumptions

10 year breakup will be like this
Petrol car
10 lakhs cost + 4 lakhs taxes + 6 lakhs petrol = 20L

EV car
15 lakhs cost + 50000 taxes + 1. 5lakh elec cost = 17L

People will be forced to buy EV with extremely bad resale value for petrol cars.

waiting till feb for bs4 isn’t good idea, is it?

most of auto manufacturers are launching bs6 petrol cars.also, govt said that diesel cars won’t be banned. but may be we will see petrol cars more due to emission issues with diesel.
how petrol prices will reach to 150/ltr? govt will intentionally do this so people will move to EVs? rolleyes

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Analyst
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@Batman_X

March 2016 was a special where car makers believed govt will give extension so they waited for the last day and people got the deals.

Now all car makers are literally screwed due to recession and have cut production for last 10. Months. so there wouldn’t be many cars left in Jan of bs4. Car manufacturers are answerable to their investors. If they let repeat of 2016 they will be sacked.

So you are left with bs6 at much higher price in Feb. Now it’s upto you to think if this scenario can or cannot happen 🤔

Cropped254511418
Deal Cadet
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Govt has assured that BS4 vehicles will not be banned & we can use them till their life. So you can purchase one at any time till April 2020. Better buy now. No point in waiting as there will be less chance of big discounts.

Missing
Deal Subedar
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Car companies have been strategically controlling and managing their production. Suzuki have come with so many BS6 cars this year and almost every company has set up their launch of BS6 cars ( Creta, Venue, S-Cross , Ciaz , Honda City , Civic , Verna and many more) in January or February .

The discounts are been thrown by brands which are over priced . Let’s take eg of Mi.Mi gives discounts on their android one series so early and major price cuts , why? Because they are already over priced compared to their Note Series .

It’s better you planned strategically which Car you want and then go on negotiate with the dealers around your city.

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Deal Subedar
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dharmanath481 wrote:

If you need to upgrade do it now. No point in waiting for 6 months. End Nov and Dec anyways there will be offers.

Why happened to regular 100w light bulbs by CFL and LED killed CFL. Same will happen to petrol engines. When petrol prices will be steady 150/ltr. diesel cars will be banned. Only viable option which will remain is EV.

So 10 years from now petrol cars will be vintage another trick govt will do is make the norms so strict that car makers have to sell basic cars which now cost 4 5 lakhs close to 10 lakhs and bring down EV prices from 20 Lakhs to 15 lakhs that way EV will look affordable.

Let me take some assumptions

10 year breakup will be like this
Petrol car
10 lakhs cost + 4 lakhs taxes + 6 lakhs petrol = 20L

EV car
15 lakhs cost + 50000 taxes + 1. 5lakh elec cost = 17L

People will be forced to buy EV with extremely bad resale value for petrol cars.

In which year are you living?
There is so less production of EV and so many investment is required for it.
Charging problems like charging stations , charging time.
Only HIG can afford EV.
Also compare the prices of petrol vehicle and EV is so very high . Maruti WagonR costs 5-6Lakh(ex) will be launching next year for around 10-12 Lakhs (ex).
Can you convince anyone to spend 10-12 lakhs and buy WagonR and not compact SUVs?
Don’t compare apples to oranges

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Analyst
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tony-stark wrote:

In which year are you living?
There is so less production of EV and so many investment is required for it.
Charging problems like charging stations , charging time.
Only HIG can afford EV.
Also compare the prices of petrol vehicle and EV is so very high . Maruti WagonR costs 5-6Lakh(ex) will be launching next year for around 10-12 Lakhs (ex).
Can you convince anyone to spend 10-12 lakhs and buy WagonR and not compact SUVs?
Don’t compare apples to oranges

Read my post again. You cannot understand what’s written is not my mistake.

Missing