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Buying a car for ₹10-15 lakh? Here’s what buyers should check before choosing a new lower-end or used higher-end model
The brief
- A ₹10-15 lakh budget can buy a new lower-end car or a pre-owned higher-end model
- Compare depreciation, loan rates, EMI, maintenance, warranty and insurance
- New-versus-used demand choices matter for Indian automakers and vehicle-finance lenders
- Thar, Scorpio, XUV 7XO may get costlier as Mahindra weighs another SUV price hike
- Mahindra weighs another SUV price increase as commodity costs rise
- Tata Motors focuses on sedan amid mounting cost pressures
- Another price hike inevitable due to higher input costs: Tata Motors PV MD Shailesh Chandra
- Suzuki Confirms Range Extender for Compact Cars with Plug-In Capability