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Buying Guide Car

How Employees Save 40% on Car using Tax Laws | Detailed Explanation by CA Sahil Jain - YouTube

Tax benefit on Car Loan Interest: Who Can Claim? - The 1% News

  • Not take loan for buying anything
  • Buy a second hand car only
  • Don't buy white/black, it can get dirty very quickly
  • Buying a car will only makes sense if you drive more than 1200 km every month

Engine​

  • 1.6 L engine
  • Engine - 1197 cc, 3 Cylinders Inline, 4 Valves/Cylinder, DOHC, Turbo Charged
  • Torque
  • Driving Range (km)
  • Transmission - Automatic (TC) - 6 Gears, Manual Override
  • BS6 Phase 2
  • Idle Start/Stop
  • AMT
  • Milege
  • Noise
  • Torque
  • Bootspace (litres) - 364 (3xo), elevate (458 L)
  • Front & Rear Brake Type - Disk
  • Steering - Power assisted (Electric)
  • Front Rim - 17"

Features​

  • Charger - 12V Power Outlets
  • Hand rest
  • Back - parcel tray
  • push button start
  • 6 airbags
  • Automatic AC - Yes (Automatic Climate Control)
  • Front and rear AC
  • Parking sensors
  • Inside upholstery dark, cleanable
  • Back seat pockets
  • Overspeed Warning - 1 beep over 80kmph, Continuous beeps over 120kmph
  • Emergency Brake Light Flashing
  • Global NCAP Rating - 5 star
  • Tyre Pressure Monitoring System (TPMS)
  • Anti-Lock Braking System (ABS)
  • Electronic Stability Program (ESP)
  • Hill Hold Control
  • Electronic parking
  • Central Locking
  • Child Safety Lock
  • Anti-glare Mirrors
  • Parking Sensors
  • Headlight and Ignition On Reminder
  • Steering Adjustment

Seats & Upholstery​

  • Driver Seat Adjustment
  • Front Passenger Seat Adjustment
  • Rear Row Seat Adjustment
  • Leather-wrapped Steering Wheel
  • Driver Armrest
  • Folding Rear Seat - Full
  • Split Rear Seat - 60 40 split with closing
  • Front Seatback Pockets
  • Headrests

Storage​

  • Cup Holders
  • Driver Armrest Storage
  • Sunglass Holder

Doors, Windows, Mirrors & Wipers​

  • Scuff Plates
  • One Touch Down
  • Adjustable ORVMs (mirrors) - automatic / manual
  • Turn Indicators on ORVMs
  • Bootlid Opener

Exterior + Lighting​

  • Roof-mounted Antenna - shark fin
  • Rub-strips
  • Headlights
  • Follow Me Home Headlamps
  • Cornering Headlights
  • Taillights
  • Daytime Running Lights
  • Fog Lights
  • Cabin Lamps
  • Light on Vanity Mirrors
  • Rear Reading Lamp
  • Headlight Height Adjuster

Instrumentation​

  • Instantaneous Consumption
  • Instrument Cluster
  • Average Fuel Consumption
  • Average Speed
  • Distance to Empty
  • Clock
  • Low Fuel Level Warning
  • Door Ajar Warning
  • Adjustable Cluster Brightness
  • Shift Indicator
  • Tachometer

Entertainment, Information & Communication​

  • Smart Connectivity
  • Display
  • Touchscreen Size (inch)
  • Integrated (in-dash) Music System
  • Speakers
  • Steering-mounted controls
  • Voice Command
  • GPS Navigation System
  • Bluetooth Compatibility
  • AUX Compatibility
  • AM/FM Radio
  • USB Compatibility

Skoda Kushaq vs Mahindra XUV 3XO vs Tata Nexon vs Toyota Urban Cruiser Taisor - CarWale

Accessories​

  • Foot mats
  • Blinders for summers

Differences​

Best selling cars​

ModelUnits Sold in August 2024Units Sold in August 2023Y-O-Y Growth
Maruti Suzuki Brezza19,19014,57232 percent
Maruti Suzuki Ertiga18,58012,31551 percent
Hyundai Creta16,76213,83221 percent
Maruti Suzuki WagonR16,45015,5786 percent
Tata Punch15,64314,5238 percent
Mahindra Scorpio13,7879,89839 percent
Maruti Suzuki Swift12,84418,653-31 percent
Maruti Suzuki Baleno12,48518,516-33 percent
Maruti Suzuki Fronx12,38712,1612 percent
Tata Nexon12,2898,04953 percent

Important things to have​

  • Mini suv
  • Automatic
  • Petrol / Electric
  • 5/4 star safety - GNCAP / BNCAP (Bharat New Car Assessment Programme)
  • ABS (Anti Breaking System) - EPS (Electronic Stability Programme)
  • Service
  • Parking sensors
  • Back ac vents
  • Dashboard cam in car

Good to have​

  • Cruise
  • Ground clearance average
  • Mileage - average

Taxation​

Type of VehicleGST RateCompensation CessTotal Tax Payable
Petrol/CNG/LPG car less than 1200cc and length less than 4 meters28%1%29%
Petrol/CNG/LPG car less than 1200cc and length more than 4 meters28%15%43%
Petrol/CNG/LPG car over 1200cc (irrespective of length)28%22%50%
Diesel car less than 1500cc and length less than 4 meters28%3%31%
Diesel car less than 1500cc and length more than 4 meters28%20%48%
Diesel car over 1500cc engine capacity, greater than 4 meters length and ground clearance of 170mm or more28%22%50%
Electric Cars (all sizes including 2 and 3 wheelers)12%Nil12%
Vehicles fitted for use as an ambulance28%Nil28%
Three wheeler motorized vehicles28%Nil28%
Fuel Cell Vehicles including hydrogen fuel cell vehicles12%Nil12%
Motorcycles/mopeds with engine capacity of up to 350cc28%Nil28%
Motorcycles with engine capacity greater than 350cc28%3%31%

GST Rates on Cars | Vehicle & Motor in India- Paisabazaar.com

Import Duty​

The import duty on cars in India depends on the car's value and whether it's new or used:

  • New cars: Cars with a Cost, Insurance, and Freight (CIF) value of more than $40,000 are subject to a 100% customs tax, while those valued at less than $40,000 are subject to a 60% import duty
  • Used cars: The import tax on used cars in India is 125%

Driving / Safety​

1% increase in the average speed translates to a 4% bump in the risk of fatality.

There are 53 road crashes in India every hour and 1 person dies every 4 minutes.

Country has just 1%of the world's vehicles, it contributes to 11% of global deaths due to road accidents.

A whopping ₹5.96 lakh crores lost or 3% of the GDP.

Car Insurance​

Add ons​

  • No claim bonus
  • Road side insurance
  • Zero dep
  • Idv
  • 1st party or comprehensive
  • Engine protect
  • Return to invoice (RTI)
  • Cashless claims (number of claims)
  • Salvage fee
  • Tyre cover (not required)
  • Consumables
  • Pay as you go
  • Claim settlement ratio

Insurance selector​

  • Claim settlement ratio
  • Policy bazaar (Tata AIG)
    • Zurich Kotak - 26,480
    • With add on tata aig - 38227
    • Without add on tata aig - 23114
  • Acko
    • Acko insurance with add on 35116.8 - with gst
  • Dealer
    • Honda assure 48365
    • Tata aig 41475

Car Maintenance​

10 GOOD AC USAGE TIPS​

  1. USE RE-CIRCULATION MODE - For best AC effectiveness, always use Re-circulation Mode
  2. SWITCH ON AC IN LOW MODE - Always switch ON the AC in LOW mode and gradually increase the speed
  3. PARK IN SHADED REGION - Prefer to park your car in a shaded region
  4. USE FRONT SHADES - Try to use front shades for the windshield to keep your car cabin cooler when parked in the hot sun
  5. MAINTAIN PLEASANT SMELL - At the end of the trip, keep the blower ON & the fan speed at level 3 or more for a few seconds & then switch OFF the engine. This will help maintain a pleasant smell in the car
  6. USE HONDA GENUINE REGRIGERANT - Always use Honda Genuine refrigerant
  7. SWITCH OFF AC BEFORE ENGINE - Always switch OFF the Ac before switching OFF The engine
  8. PERIODIC MAINTENANCE - Follow the Periodic Maintenance schedule religiously
  9. ADJUST TEMPERATURE & BLOWER SPEED - Adjust the AC temperature & the blower speed depending upon the number of passengers in the car
  10. OPEN ALL WINDOWS TO REMOVE HOT AIR - If parked in the hot sun for long, open all the windows completely to vent the hot air out before switching On the AC