How to get the best loan deal for your dream car
The Economic Times,
May,11 2012
For instance, a discount offered by a manufacturer can be clubbed in the loan calculation to make the loan deal look much better. Assuming that you take a Rs 4-lakh loan at 12% interest rate for 5 years. The EMI will cost Rs 8,810. Let's assume that the dealer has got a discount of Rs 25,000 to be offered to you. He doesn't tell this to you but reduces it from the loan amount, making the EMI as low as Rs 8,259. Or he may also choose to tell the customer that the effective interest rate he is off
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Buy extended car warranty to take care of costly repairs
The Economic Times,
May,04 2012
Components or parts subject to wear and tear are not covered under the extended arranty," says Banwari Lal Sharma, AVP (marketing), carwale.com. Parts like tyres, batteries, and clutch plate will not be covered under the extended warranty. However, things like mechanical and electrical breakdown of parts like engine, gear box, steering, brakes, electrical items like starter motor, alternator, etc. are covered under extended warranty.
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How to keep car premiums low and enjoy the ride
DNA,
April,05 2012
When you go to buy motor insurance, the insurance company decides the IDV (or the Insured Declared Value) of the car. This is the value that the insurance company uses to decide the worth of your vehicle. Banwari Lal Sharma, assistant vice-president of Automotive Exchange, advises that at any point “your sum assured should not increase the IDV. This is because at the time of claim, the company won’t pay you more than the IDV. And you will end up paying a higher premium for nothing”.
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Budget 2012: Go shopping now & escape the burden of hike in service tax, excise duties
The Economic Times,
March,23 2012
"As a result, Tata Indica eV2L which now costs around 4.08 lakh (ex-Delhi) will cost around 4.15 lakh," says Banwari Lal Sharma AVP - marketing, CarWale, Automotive Exchange. Similarly, Tata Manza Aqua Safire in the sedan category will cost 1.57% higher at around 5.64 lakh and Mitsubishi Pajero Sport will cost higher at 24.23 lakh as against 23.53 lakh, according to data furnished by CarWale.
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UP Elections see higher sale of SUVs, MUVs in Meerut
The Economic Times,
February,29 2012
The increase in demand of such cars has also been observed in the online world. Carwale.com, the website supporting online resale of cars, has seen the rise in searches for off-road cars. "We have observed that the search for SUVs and MUVs has risen by 30 percent in the last 40 days especially from Ghaziabad," said Tufail Khan.
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Gift ideas to make your beloved feel special this Valentine's Day
The Economic Times,
February,10 2012
"For example, if an individual has to self drive to work every day, it makes sense buying a car which gives a comfortable driver seat with lumber support, easy steering, easy access to the steering, or a remote control mounted on the steering wheel, bluetooth connectivity, etc. In such cases, the boot space doesn't really matter," says Banwari Lal Sharma AVP - marketing, CarWale, Automotive Exchange.
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CarWale launches video advertising
afaqs,
January,04 2012
The automotive portal CarWale has launched video advertising with the aim to help its clients deliver more engaging and informative ads. The portal will provide interactive in-stream ads (pre-roll, mid-roll and post-roll), and in-banner interactive video ad units. CarWale has partnered with the interactive online video advertising company Jivox, which will provide the technology for this venture.
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CarWale ties up with Jivox, unveils video ad
Ciol.com,
January,03 2012
BANGALORE, INDIA: CarWale, an automotive portal in India, on Tuesday announced the launch of video advertising to help clients deliver engaging and informative ads.
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Carwale Vintage Wheels 2011 flags off from Inorbit Mall
Indiainfoline.com,
December,05 2011
Talking about this endeavour, Mr. Mohit Dubey,Co-Founder & CEO, CarWale, said, “Mostvintage car exhibitions last just a few hours and attendees barely get a glimpse of the cars in such a short time. With Vintage Wheels, however, we have unique format. The cars are exhibited for two whole weeks, so people get sufficient time to truly appreciate these timeless beauties, and the event culminates in a majestic drive through the city streets. We are now in our third installment of Vintage Wheels and
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CarWale.com and Inorbit Mall unveil the 3rd edition of 'Vintage Wheels' in Mumbai
Yahoo.com,
November,28 2011
A handful of people who are vintage car lovers spend money and time to preserve their passion for these cars while the others enjoy strolling down memory lane while gazing at these cars. For many such people, Inorbit Malls and CarWale.com unveiled the 3rd edition of ‘Vintage Wheels’ – a vintage and classic car’s annual exhibit at Inorbit Mall, Malad starting Nov 21st – Nov 27th, 2011 and at Inorbit, Vashi from Nov 24th – Dec 2nd, 2011.
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