Planning to buy your dream car this Dhanteras? There is some not so good news

Those who booked their dream cars in advance might be lucky enough to take them home this Dhanteras.

Customers looking to buy their dream car this Dhanteras are in for some disappointment. Due to extremely high demand, dealers have stopped accepting instant bookings for the auspicious day. According to industry sources, more than four lakh customers have already booked their favorite cars for delivery on the occasion of Dhanteras, October 23.

Those who book a car in advance might be lucky enough to drive home in their dream car on Dhanteras. The waiting period of most bestsellers is more than 65 weeks. For example, Mahindra’s best-selling model – the XUV7OO – has a waiting period of around 66-68 weeks. The XUV5OO has a waiting period of 7-27 weeks for some models, whereas the Tar Diesel waiting period is 23-25 ​​weeks and Bolero Diesel is up to 10 weeks.

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In the Tata Motors camp, Nexon has a waiting period of 16 to 20 weeks depending on the different model variants while Tata Hit is between 24 and 26 weeks. Magnet has a waiting period of 10-12 weeks, almost same as Maruti BretsaGrand Vitara and Kia Celtas.

A total of 5,39,227 vehicles were sold in the industry between September 26 and October 5 during Navratri this year. During the festival, 1,10,521 passenger cars and 3,69,020 two-wheelers were sold.

Despite the strong demand, data shows that this year’s Navratri-Dusehra and Dhanteras-Diwali festive period produced the worst performance for the country’s automakers in nearly a decade. The main festive season from Navratri to Diwali is the peak activity period in the personal mobility segment. However, this time demand remained low, especially in North India.

Vehicle registrations for the 30-day period were down by double digits compared to the same holiday period last year. This can be attributed to shortages of various materials and global supply disruptions.

(with inputs from ANI)

Date of first publication: 18 Oct 2022, 11:48 IST