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Tata Capital > Blog > Loan for Vehicle > A Quick Guide to an Online Car Store

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A Quick Guide to an Online Car Store

A Quick Guide to an Online Car Store

Buying a used car is often fraught with problems – from a customer’s perspective. You always seem to have insufficient knowledge, no matter how much research you do. Unless you’re a petrolhead, you’ll probably have to rely on the experience of someone you trust with regard to the price and the mechanical integrity of the car you have set your heart on.

How does online car buying work?

“Google it!” is the popular refrain whenever one asks questions of others in a bid to learn something new. Okay, so you’ve gone online and looked at innumerable specialist car sites, compared various models for price and features, and drooled over the pictures. However, you haven’t actually got the chance to ‘kick the tyres’ of your shortlisted models yet.

While there are many who walk through the doors of a dealership to buy a new car, and perhaps to part-exchange their existing vehicle simultaneously, there are several stages between seeing and buying. This is where tradition still rules the roost, with car manufacturers and dealers happy to continue with the status quo.

In the new digital economy, the ‘doorway’ is from your laptop to the dealer’s virtual salesroom. Your number, email, or text the dealership to verify if the car is in stock, schedule a test drive, and get the ‘e-price’ instantaneously. And if you have a car to sell or use as part-exchange, you can submit it for valuation from the comfort of your home.

After test-driving the shortlisted cars, you can complete the rest of the deal (including financing and insurance) online. In some cases, the dealer will even deliver the car to your home or office. This is where online car buying services – such as the one from Tata Capital – come handy.

The benefits of buying online

Anyone who has bought a car via the traditional method has dealt with decisive sales tactics, the faux drama of the salesperson’s let-me-talk-to-my-manager game when it comes to discounts and ‘free’ accessories. Not forgetting the delays that seem to miraculously crop up after you’re assured of a delivery date.

Well, you can heave a huge sigh of relief, in the knowledge that haggling over prices and options, or reviewing the fine print in the purchase agreement, can be done at your leisure. And it’s all just a click away.

The Tata Capital advantage

Tata Capital understands that a car is your second-biggest purchase – after your home – and its online platform is built to steer you in a direction of your choosing.

Every car platform will allow you to search for cars and even make comparisons. However, Tata Capital takes you one step forward. Our multi-search engine provides you with a range of collections to choose from. You can choose from the widest collection of hatchbacks, SUVs, MUVs, and luxury sedans. In addition, you can refine your search based on the following:

  • Budget
  • EMI
  • Make/model
  • Body type

Multiple search options, powered with an intelligent car loan calculator, help you zoom in on the perfect car in no time. The finance process is made as simple as possible, with flexi-EMI options such as Step-up, Step-down, Bullet, and Balloon payments across the entire range of cars (including premium ones), SUVs, MUVs, and crossover vehicles. And if you want a buy a pre-owned car, there are over 20,000 to choose from.

A car loan from Tata Capital offers trust and transparency, financing of up to 100% on select models, instant online loan approval, simple documentation, attractive interest rates, quick turnaround time, and tenures up to 84 months, on select models.

As easy as ABC (Accelerator, Brake, Clutch)

While it’s difficult to quantify the benefits of car shopping online vis-à-vis going to a car dealership in person, you can be sure that you won’t run the risk of making costly impulsive decisions on financing and options. And if face-to-face negotiating isn’t your cup of tea, what better way than to approach things from the comfort of your home, without falling prey to a salesperson’s spiel?