Planning to buy a car? Festive season is best time or wait till new year

Those who switch regularly should wait until the new year

Customers have an added reason to cheer this festive season, as all leading carmakers — including Maruti, Honda, Tata, Toyota — are offering discounts of up to Rs 2.5 lakh. One question prospective buyers need to answer is whether they should buy now or wait till the new year.

Why buy now: The advantage is that you may get a lower price. Discounts tend to be the best at this time of the year. Shashank Srivastava, executive director (marketing & sales), Maruti Suzuki India, says, “The entry segment has witnessed a surge in demand this year. We are now offering festival