Can I exchange my car for a new one in India?

The best bit? The old car doesn’t necessarily have to be of the same model or from the same company; you can exchange any car for a new one. For instance, Honda has the Auto Terrace scheme, under which you can exchange any model, such as the Hyundai Santro or Maruti Swift, for a new Honda car.

What is exchange offer on cars?

What are Car Exchange Offers? Instead of selling his pre-owned car to an unknown buyer, the user exchanges his four-wheeler with the new one from the same dealer. For this exchange, the individual gets a price reduction on the new vehicle.

Can I exchange new car?

If you’ve purchased a new or used car and you’re having second thoughts about it, in most cases, you won’t be able to return the car. The dealer who sold you the car is usually not legally obligated to take the car back and issue you a refund or exchange after you’ve signed the sales contract.

What is Maruti exchange bonus?

S-Presso: Maruti Suzuki is offering a cash discount of ₹20,000 on the car. The buyer will get an exchange bonus of ₹15,000 and eligible customers can get a ₹4,000 corporate discount. Celerio: The hatchback will not get any cash discount but the buyer can avail an exchange bonus of ₹15,000 to trade their old car.

How do I exchange my old car to my new car?

If you are planning to exchange your old Vehicle against a new one, you need to submit the following documents at the time of exchange:

  1. Address proof.
  2. 2 passport size photographs.
  3. Proof of identity (Passport, Pan Card, Aadhar Card, Driving License, etc)
  4. Original invoice and Valid Insurance.
  5. Original RC.
  6. Owner’s manual.

Can I trade my old car for a new one?

To start the process, all you have to do is go to the dealership you plan to buy or lease a new vehicle from and tell the car salesperson that you want to trade your old car in. They’ll take the wheel from there. After giving it a test drive and appraising its value, the dealership employee will make you an offer.

Which is the best car under 2 lakhs?

With 96012 used cars in India from various models such as Swift, Wagon R, Alto, Swift DZire, Alto 800, City, i10. ranging from Rs. 0.20 Lakh to Rs….15789 Used Cars under 2 lakh.

Model Second Hand Car Price
Maruti Suzuki Alto 800 (2271) ₹ 60,000 – 3.1 Crore
Honda City (2163) ₹ 53,000 – 30 Lakh
Hyundai i10 (2095) ₹ 90,000 – 10.4 Lakh

Can I sell my car back to the dealership?

In most cases, you can sell a car back to a car dealership prior to paying it off, but the amount you receive will need to be enough to pay it off. If the dealer you’re visiting has too many of the vehicle you’re trying to sell, it may lead to an offer that’s lower than what you were hoping for.

How does a car exchange work?

Put simply, you find a car you like at a dealership – and receive a discount on the price in exchange for part exchanging your existing vehicle. The amount of ‘discount’ will obviously depend on what you are trading in, the car you are looking to buy, and the profit margin of the dealership.

Which car companies are doing scrappage deals?

Manufacturers currently offering scrappage schemes

  • Ford Scrappage Scheme.
  • Hyundai Scrappage Scheme.
  • Kia Scrappage Scheme.
  • Mazda Scrappage Scheme.
  • Toyota Scrappage Scheme.

What is the best mileage to sell a car?

Even though many modern cars last well past the 100,000-mile mark, what you’ll get for trading it in drops. Because depreciation is constant, it’s best to sell or trade in your vehicle before it hits the 100,000-mile mark.

Which is the best site to exchange a car in India?

MYNEWCAR is India’s leading online marketplace for new cars, finance,leasing, car exchange, car insurance and provides you with buying assistance. While our partners take care of your documentation, you can simply drive out with your brand new car with exchange car deals.

How to buy and sell car in India?

The Indian Auto Exchange portal’s endeavor is to extend its product and services to both urban and rural India by enabling every individual who needs assistance to buy and sell their vehicles using our website without any constraints or limitation. New User? Signup Please enter the OTP received on your mobile to prceed further.

How to exchange an old Renault in India?

Tips – You can exchange your vehicle, if there is a hypothecation or even if you are paying EMI’s on it. Ask for exchange bonus. Handover your vehicle while taking the delivery of new Renault. Complete the documents on both the new and the used car and stay worry free.

Which is the best car to exchange with Tata Motors?

Choose from a wide range of futuristic cars from Tata Motors and find the best exchange deal for your old car. Renowned for an impactful design, world-class features, absolute comfort and complete safety, our vehicles promise to uplift your driving experience.