In the month of December, most of the companies give huge discounts on their cars. Why is this done? Who benefits from this? Let us know.
Every year lakhs of cars are sold in India. But after the festive season, in the last month of the year, car manufacturers give great offers and discounts on their cars. In this news we are telling you why this is done by the companies.
Last month discount
has started in the month of December. Along with this, great offers and discounts are also being given on cars by car manufacturers. By doing this, companies as well as some customers get huge benefits.
What is the benefit to the companies?
The biggest benefit of the bumper discount in the month of December is not to the customers but to the vehicle manufacturers. Is. In India, sales of vehicles start from the festive season starting from Navratri. Which continues till Diwali. In such a situation, companies prepare a large number of stocks.
Due to Navratri and Diwali coming in the last months of the year, companies are left with very little time to liquidate the ready stock. If this stock is not exhausted by the new year, then companies have to spend more time, effort and money in updating them. Which is not a profitable deal for companies. Therefore, companies try to liquidate whatever stock is left by making offers in the month of December.
What is the benefit to companies
The biggest benefit from the bumper discounts in the month of December is not the customers but the vehicle manufacturers. In India, sales of vehicles start from the festive season starting from Navratri. Which continues till Diwali. In such a situation, companies prepare a large number of stocks. Due to Navratri and Diwali coming in the last months of the year, companies are left with very little time to liquidate the ready stock.
If this stock is not exhausted by the new year, then companies have to spend more time, effort and money in updating them. Which is not a profitable deal for companies. Therefore, companies try to liquidate whatever stock is left by making offers in the month of December.
What is the benefit to customers
Customers are also attracted to such discounts given by companies in the last month of the year. In some cases, customers also benefit from such discounts. Actually, there are a large number of people in India who buy cars not for a short period of time but for a long period like seven to ten years.
The biggest advantage of the offers these customers get in the month of December is that they get many types of discounts on the price of the vehicle. Due to which one can get the vehicle at a very low cost and with easily available loan offers.
