Leaving the early Indian motoring days, the modern traditional practice has become popular since the 90’s. Buying a vehicle on Dhanteras is considered to be a propitious act. It has religious significance. It is believed to bring good luck, affluence, and a positive beginning for a new undertaking. There is a religious connection with the goddess of wealth. By bringing in vehicles and motorbikes, Indian families aim to welcome abundance into their lives. A car is considered a symbol of a smooth start and a successful journey ahead.
Indian families make sure to bring new purchases and assets into the family. By bringing in abundance, families aim to fulfill their dream assets during this auspicious time. It is a notable outlay that will be blessed by Goddess Lakshmi. A symbol of prosperity and good fortune for the family. It is a prudent investment for the year ahead.
Auspicious Time of The Year!
This time of the year is the most auspicious for big asset buying. A Lakshmi pooja is performed before the first drive. Dhanteras sees a massive number of millions of shoppers across the country. An immense number of retail and automobile sales in just a single day. Dhanteras 2024 reported an estimated trade of around Rs 60,000 crores.
Expected Sales in Dhanteras 2025! New Assets and Sales Every Year During Diwali.
The Year 2024!
Over the last 5 years, around forty-one thousand to fifty-seven thousand units were sold during the time frame of Dhanteras to Bhai Dooj. There has been a growth of 21percent last year. The year 2024 indicates major sales and record-breaking hits for manufacturers and dealers across India. The Automobile industry soars high every time at this time of the year.
2025 Expected Record Sales!
Recent festive sales in the market have estimated about 200,000 passenger vehicles booked and brought. Strong festive demands have increased due to the GST rate cuts and improved consumer sentiments.
In September of this year, dealers reported such a massive surge in bookings and purchases. Overall, 34 % of sales have jumped. The market shows great enthusiasm for purchases as it is expected to show a positive momentum ahead. Automobile experts are tremendously optimistic and sanguine about this year’s purchases.
GST on Small Cars! Yet Another Add-On to Dhanteras Vehicle Purchase!
The recent surge in demand for vehicles brought in a Diwali bonanza. A recent reduction of GST on small cars to 18% has led to bookings with automobile companies in lakhs. In a week, it has blown off beyond expectations.
Making cars more affordable is great news for budget-conscious and middle-class families. It has made some manufacturers work even on weekends.
From 28% to 18% GSt on small cars is a great move to bring back the small car segment.
So Many Cars in The Pond ! Which One to Pick!
As the festive season is arriving, so are the automobile companies ready with their offers, sales, and reduced GST bonanzas. Let’s look at the most affordable hatchbacks this season.
Cars that are small and comfortable, and not to forget the CNG option!
Maruti Suzuki has its evergreen Wagon R upgrades, Swifts, Alto K10, A New S-presso, and Celerio. Tata Motors has the Tiago, Punch, Altroz, and Nano Mini. Hyundai has its Grand i10 Nios, i20, Exeter, and Aura. Oh yes, not to miss Renault Nissan with its Kwid, Kiger, Magnite, and Triber.
The Electrified ones include Tata Tiago EV, Tata Punch EV, the MG Comet EV, and the Maruti Wagon R.
Offers to Avail Are Many!
Automobile companies are giving a lot of cash discounts, bonuses on exchange, corporate discounts, Loyal customer benefits, Easier EMI options, and schemes. Good warranty plans and extensions. So what are you waiting for ! Go get your Good fortune and get lucky! Grab One !