The supply chain of the automotive industry was vastly affected because of the pandemic. One of the major hurdles for all OEMs has been to cope up with the silicon chip shortage in the country. Dealers all across the country are offering heavy discount on cars manufactured in 2021 lying in the stockyard.
Why are 2021 Manufactured stocks still available?
Due to the shortage of silicon chips in the automotive world, ready to deliver cars were kept in stockyards while waiting for a few components to be fitted. This resulted in long waiting periods, and many customers cancelled their bookings. This not only resulted in unsold stocks but also the manufacturers omitting features on their lineup to -prevent the supply chain from being disrupted. Some vehicles were even delivered to the customers without fitting infotainment systems or some non-essential control modules which were later fitted at the dealership level.
Also Read: Skoda & Volkswagen Delete Auto-Foldable ORVMs From Kushaq And Taigun
Go Ahead and grab the discounts!
A sparrow in hand is better than the pigeon on the roof. Brands like Maruti Suzuki, Hyundai, Renault, Volkswagen, Toyota and Force Motors offering discounts is like a cherry on the icing.
- If it's impossible for you to bear the long waiting periods and want to fall behind the wheel as soon as possible, this is the opportunity in hand. These vehicles are readily available in the local stockyards and would be handed over to You without any fuss.
- Dealers focus on clearing stock of vehicles that have been lying around for a while. Thus, the cars manufactured in 2021 would fetch heavy discounts as they may end up losing more value in the stockyard over the course of time.
- If you are the 'keeper' kind of person when it comes to cars and hold on to them for a long time, You should go for it as You need not bother with the resale value. As a long term asset for You, it would end up retaining its value after the discount and would be much easier on the pocket too.
- There are instances when dealers offer not only discounts but also a lot of freebies with these vehicles to attract customers. Bargain! If you want a fully-loaded car with all the bells and whistles, head to your nearest dealership and don't let their offer stand still!
Who should refrain from buying a 2021 manufactured vehicle in 2022?
If you are the kind of person who gets bored with your ride very soon, this is evidently not your cup of tea. Resale value is one of the most critical factors You need to take into consideration while planning for your purchase. As you tend to flip cars from time to time, a vehicle manufactured a year back would depreciate more as compared to a vehicle manufactured in 2022. Also, the discount you fetch today, along with the depreciation while reselling, might cost you more than the depreciation on a new 2022 manufactured car in the long run. Therefore, You would be better off with a waiting on the 2022 model in the long run.
Also Read: Maruti Suzuki January 2022 Discounts And Offers In India
So, what are your thoughts about discount on cars manufactured in 2021? Share your views in the comment section. Let's get into a discussion with this in our 91Wheels Telegram and 91Wheels Whatsapp group, where you can know more about vehicles, conduct discussions on your favourite ride, and much more! You can also subscribe to our Youtube channel for our exclusive video content on the latest from the world of cars and motorcycles. Also, connect with us on Facebook, Instagram, and Twitter for more about vehicles!
