Carbiqi Blog

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  • Car Care 101 (Vehicle Maintenance Calendar)

    As car owners, we more than often than don’t concern ourselves with maintenance and are not keen to keep a track of when we should be replacing specific parts. However, if you overlook these things for a long time, you will face tremendous consequences as a poorly maintained car won’t run for a long while and two you would have to sell it at scrap value.

    As time passes, any vehicle or machine undergoes wear and tear, but most drivers don’t pay attention to this fact and keep on driving for as long as the engine starts. You need to understand that this is not how things are supposed to be. And so today, we at Carbiqi would like to give you a couple of tips regarding regular car maintenance.

    Vehicle Maintenance Musts:

    There are a bunch of factors that contribute to vehicle safety. But there are 4 that top the list which includes knowing when to replace brake pads, change engine oil, general tire care, and replace or clean air filters.

    Brake Pads

    How you drive is a major deciding factor when it comes to the time at which you need to change or replace a car part along with the weight of your vehicle, the quality of the brake pads, and the condition of your brake rotors. If you are someone who has to drives during rush hours with a lot of stop-and-go traffic, then you would need to change the brake pads much earlier. Also, if you hear a slight scraping or screeching sound when you slow down your traffic, you know it’s time for new brake pads.

    Oil Changes

    Changing engine oil is a tricky part as it varies depending on which make and model you have. Most of the modern vehicles run for about 8000-9500 kilometres between oil changes. A good place to get this information is the owner’s manual. There you can find all the necessary details and remember, never ignore a leak!

    Tires

    If you want to get the best vehicle performance, you should get the tires replaced every 4 years and get them inspected once a month. Additionally, you should rotate the tires every 8000-11000 kilometres, this maximises the tire performance. Considering, the fact that the tire is in regular contact with the road, it is bound to wear down the fastest or quicker as compared to other car parts. So make sure that you keep a regular tap on tire inspection and replacements.

    Air Filters

    Air filters need to be replaced based on the kilometres you cover each year and also the atmospheric conditions during those kilometres you covered. Most of the manufacturers prefer that you get the air filters changed after every 8000 kilometres. But then again, we recommend that you check the owner’s manual in order to get the accurate car part replacement information. Those booklets are not just for show. They contain a lot of useful information regarding your vehicle.

    Things that require monthly maintenance:

    Certain car parts require more attention than others. Here is a list of things that you need to check upon each month:

    • Engine Oil
    • Tire Inflation & Condition
    • Dashboard Indicator Lights
    • Windshield Washer Fluid
    • Headlights & Taillights

    For safety reasons, it is essential that you keep these parts properly working at all times. This helps in making sure that you, your passengers and fellow drivers are all safe.

    Things to check every 3, 6, and 9 months

    If you spend a little amount every now and then on your car, you will end up saving a lot of time and money in the long run. We suggest that you be a proactive car owner rather than being a reactive one when it comes to maintaining your car. Below is a list of things that require your attention every 3, 6, and 9 months:

    • Wheel Alignment
    • Automatic Transmission Fluid
    • Engine Air Filter
    • Tire Inflation & Condition
    • Engine Oil
    • Exhaust
    • Windshield Wiper Blades & Washer Fluid
    • Battery & Cables
    • Power Steering Fluid
    • Coolant (Antifreeze)
    • Brakes & Brake Pads
    • Chassis Lubrication
    • Power Steering Fluid
    • Cabin Air Filter
    • Belts & Hoses

    We might be incapable of preventing everything, what we are capable of is following this vehicle maintenance calendar and catch all the warning signs before they grow into bigger problems.

    Posted by Urvashi Dhingra
  • Should I Buy a Second-hand Car?

    India’s auto industry is going through a paradigm shift as the car prices are shooting up (what with the introduction of GST contributing to it). This poses a problem for the common man due to their spending capacity. Although, quite ironically, the average lifespan of a car has shortened from 5-6 years to just 3 years despite the steady rise in the price. Well, this is how the circle works, one looses and the other gains, the same way this shorter lifespan of vehicles comes as a godsend for people who have their eyes on buying used cars. Here’s one more reason the potential used car buyers tend to enjoy, the fact that manufacturers now launch newer version of their models much more frequently as compared a couple of years ago, which is a contributing factor in the availability of more and more modern cars entering into the used car market, making it easier for you to buy a better car without burning a hole in your pocket.

    Actually, used cars make a lot of sense for first time buyers who are upgrading from two-wheelers or public transport, in fact, it works beautifully for people who are looking for a second car in the family. Without any further ado, here are 5 reasons which will help clarify why buying a secondhand car is actually a more sensible idea than a new one.

    You get to drive a better model for a lesser price

    When a new car first steps out of the showroom, it loses somewhere around 8-10% of its purchase value considering the fact that now it has entered the used car territory. Going for a used car means that you are stretching your car-buying dollar considering the fact that now you have to pay a lot less than the actual price of the car (but that depends upon the manufacturing year and the number of Kilometers the car has covered). In short, you save a handsome sum of money.

    When you decide to buy a car, you generally put aside a budget or decide on a segment you wish to pick your car from. A little advantage of the used car market, you get to go for a level up and in the same price-band and ride home in something better than what you initially planned maybe even a luxury car that two or three years old. Your neighbours won’t know if the Audi parked at your home new or second hand. Sounds good? And this is just the first point.

    Tension Free Drive

    How would you like to not worry about getting the first scratch or dent on your car? No, this is not about selling you some car care product, it’s just one of those perks you get to enjoy with a secondhand car. You can drive around tension free, something a new car is rather prone to.

    People who like to go on long drives or enjoy travelling to places in their own car, you can take a second-hand car for a nice long drive without having to wait for the first service or inspection. With a new car, you would have to hold you wait for a while.

    Maybe an example would help better, let’s suppose you bought a new Mahindra Scorpio and the very next day you have to travel to a congested part of the city for a client meet or something. Now consider the potential risk of getting scratches or dents, making up your mind to book a cab or taking some mode of public transportation? Now think of the same scenario with a used car, feeling like driving to the meeting now? Now you won’t hesitate to take your car to those narrow lanes because now you know you are not driving a shiny new car, that still has the beautiful new car decoration on. For parents who are planning to get a new car for their child who has just learnt how to drive, a pre-owned car is definitely a safe bet.

    Psst, one more thing, old cars stand a way lesser chance of getting stolen (sounds like a type of car insurance, doesn’t it?)

    Cheaper Insurance & No Additional Charges

    Insurance cost and taxes attached to a new car burn a big hole in your pocket. What with GST and other additional taxes and clauses? They make a new car a quite expensive affair. If you don’t believe it, go ahead ask to enquire for a car’s ex-showroom and the on road price at any car dealership near you. The cost breakup will make your head spin.

    With a decent amount of saving an well as the assurance of certification and warranty, you would get almost ALL the benefits of a used car which you expect while buying a new car. If we think about the future, it won’t hurt to sell it for a price that won’t put a dent in your wallet. For people who are upgrading from a two-wheeler or public transport i.e. first time buyers, a used car is a much more affordable and practical choice. This hold holds true until you are a die-hard enthusiast of the latest cars in the market and its the new car smell you are looking for, a pre-owned car is capable of catering to almost all types of buyers quite conveniently.

    Slower Depreciation

    A new car usually undergoes a depreciation of up to 20% when they are driven off the lot. Most cars lose an added 10% during the first year, which makes it a good 30% loss in the value of your vehicle and this is just after the first year of purchase/ ownership. You can avoid it by going for a car that’s an old old, however, one-year-old cars are a little hard to come by. But, it’s getting easier to find two or three-year-old used cars, which is not bad either.

    Additionally, if you get your hands on the ‘right’ used car, you can drive it for a while and then sell it with very less loss in equity. As per a number of experts, a car’s depreciation flattens out mostly after the 2 years of a car but this depreciation dip is only temporary and hikes again once the car completes 5 years on road.

    So, we would say that buying a car that’s about 2 or 3 years old and then driving it till you can’t drive it anymore is actually the most cost-effective way to own a car.

    You get certified cars

    A couple of years back, people would have made a face if you asked them to buy a used car. They would consider buying an old car as ‘paying to buy someone else’s problem and making it their problem’. The scenario has changed now, as the risk can be minimized and you can save money while avoiding hidden problems. Wondering how? It’s actually quite simple, you go to trusted car dealers who inspect cars thoroughly and produce history reports.

    This study is usually based on the vehicle’s identification number, these reports offer all the valuable information one might require before they put their money into it. You can even find minor details like mileage, insurance status, any accidental damage or major repairs and replacements done in the car.

    For consumers who break a sweat over everything, buying a certified pre-owned car is the way to go. These programs may vary from manufacturer to manufacturer, but the essence remains the same. All the vehicles need to meet the established standards and come with forms that offer a guarantee against defects similar to a new-car warranty.

    So, do you think these are practical reasons to buy a used car? If so, go ahead find yourself a good used car. Happy shopping :)

    Posted by Urvashi Dhingra
  • What is the Future of Second Hand Car Market in India?

    Up until about a decade ago, there were no organized players in the used car industry. About 60% of all the used cars were sold among friends and relatives, as they were a part of their circle of trust. The remaining 40% were taken care of by the unorganized local dealers.

    Current Indian consumers have a more positive equation for the value of pre-owned cars, which is right considering the price advantage they offer. Whether it is first-time buyers or repeat buyers, they know that there is a reliable used car market in India which offers them higher flexibility and a good reach to the prospective car buyers along with an economical price that owners get for their old car.

    Along with these, there is a range of other factors responsible for the increasing popularity of used cars which includes, increase in income and a range of quality choices. These factors have contributed to the ease of buying and selling cars more frequently. The paradigm shift from buying new cars to buying used cars can be attributed to increasing number of players in the second-hand car market. Other benefits of buying pre-owned cars are a lower rate of depreciation, hassle-free documentation, and easy finance options along with clean vehicle history.

    With the expansion in the number of organised players, the second-hand car market has benefited a lot in terms of fair deals, better retail network, warranties, credibility, easy availability of finances, and transparency. These add to the ease of buying a used car, now the buyer/ prospective customer can visit their showroom and choose cars from various segments and brands. At present, the contribution of the second-hand car market is somewhere around 14% and by the way, it’s growing, the percentage is expected to rise all the way up to 18% which would mean somewhere around 1.2 million units.

    CRISIL’s research revealed a tremendous growth in used car sales volumes back in 2014 and indicated that there was a great growth prospect for used cars as compared to new cars. If you look at the current ratio (of new and used cars), it does hold true, India is at 1:1.1 when it comes to new cars and at a whopping 1:3 when it comes to the used cars. This growth spurt it in this segment has been due to the organized car traders, setting up a norm in the developed markets. This is further indicative of growth in the coming years.

    As the used car industry grows, it is evolving structurally and the long dominating small car deals are slowly but steadily shifting towards a more organised model. The average holding time of a new car has come down from 5-6 years to just 3 years. The used car category offers a plethora of options to the aspiring first-time car buyers. The fact that buying a used car is no longer a social stigma has also helped in bringing about this change.

    Posted by Urvashi Dhingra
  • New Avatars of Mitsubishi's Outlander & Hyundai Creta

    Mitsubishi Outlander

    Outlander-2018--Carbiqi

    Mitsubishi started operating in India about 2 decades back. They marked their entry in the Indian automobile market with their icon car, Lancer. Not just Lancer, Mitsubishi gave us Pajero as well, which was later followed by the flagship of Montero and then came the sporty looking, midweight SUV- the Outlander.

    Mitsubishi India started pre-launch bookings of the new 3rd generation Outlander, 2018 a while back and would start delivering the cars sometime in June 2018. The Outlander is a 5-seater SUV that’s known for its sporty design and the new generation is a step up with its Evo-ish looks a horizontally slatted grille and a rather stately high bonnet. The cabin now looks larger due to its new boxier shape. The large alloy wheels and the flared arches are the iconic things that justify the SUV tag of this car.

    The Outlander’s new third generation gets a fully loaded trim, full-black dashboard and a black leather upholstery and a range of features that include- a touchscreen display, power seats, 710W Rockford Fosgate sound system, panoramic sunroof, two-zone climate control, and electric mirrors. The safety package of the car includes seven airbags, EBD (electronic brake-force distribution), HSA (hill start assist), and ABS (anti-lock braking system), and an electronic stability program- ASC (active stability control) with TCL (traction control logic). But that’s not it, its second row of seats can be folded up to make more boot space or if you are looking for added comfort, you can recline them and relax.

    When it comes to its engine and transmission, the Mitsubishi Outlander 2018 is powered by a 2.4-litre petrol engine that is connected to a CVT with 6-speed paddle shift operation. The engine comes with a max power output of 167PS and a peak torque of 222 Nm which is quite close to what the 2nd-gen model offered.

    As of now, the Outlander 2018, will face competition from the upcoming fifth-generation Honda CR-V

    Hyundai Creta 2018

    Creta-2018--Carbiqi

    The new version of Hyundai Creta has already been launched in international markets and similar subtle updates will be seen in the Indian version as well it is rather close to the Brazilian-spec Creta when it comes to the looks. Creta first came to India about 3 years ago and helped the Korean manufacturer get a better foothold here and Creta 2018 is meant to strengthen it further. If we talk about what lies under the hood, it continues to be powered by the same engine variants available currently. Hyundai will be launching the facelift version of Creta somewhere close to the end of May 2018. A couple of Hyundai dealerships have unofficially started accepting bookings for the Creta 2018.

    The new version got a number of cosmetic changes which includes a nip and tuck job on the bumpers, redesigned fog lamps, new hexagonal Chrome slatted grille, LED daytime running lamps (DRLs), sporty dual exhaust, and modified tail lamp graphics that are much more pronounced than the current version and provides a much sportier look. Even the wheels have been upgraded to alloy wheels, among other minute changes on the exterior to keep it fresh. You can also customize a couple of design elements as per your preferences, however, you would get a clear picture of this at the time of the Creta’s launch.

    When it comes to the interiors of the car, Creta got a new dashboard theme quite similar to that of the updated i20 in terms of the infotainment system. Some of the other additions include seat ventilation systems like that of Hyundai Verna and a sunroof. Although, there is ambiguity as to whether these features would be limited to the top-end variant or the sports variant. We are not expecting any drastic transformations in terms of the overall layout and design. The dimensional integrity of the car remains intact which means that the legroom and headroom will remain essentially be the same.

    The chances of Hyundai changing the set of petrol or diesel engine of the current version are rather unlikely. Which means you will still get the same variants of a 1.4-litre diesel engine that produces 89 Bhp – 220 Nm, 1.6-litre diesel engine that generates 126 Bhp and 265 Nm, 1.6-litre petrol engine that generates a maximum of 121 Bhp – 151 Nm. Both these 1.6-litre engines will come with a 6-speed auto transmission.

    As of now in the Indian market, Hyundai Creta 2018, will face competition from Jeep compass, Renault Duster, Honda BR-V and the likes.

    Posted by Urvashi Dhingra
  • 5 Globally Selling Made-in-India Cars

    For the last couple of financial years, car export from India to the global markets has been on a steady rise. This is a reflection of the technical expertise and advancements in manufacturing capabilities of our country.

    A large number of car manufacturers believe that India is a destination for building valuable products at affordable prices and that these products are worthy enough of being sold to other countries. There are 5 cars that have been shipped the maximum.

    Tata Nano

    tatanano

    The brainchild of Ratan Tata, the Nano, was a car which was built with hopes and aspirations. The idea was to provide an alternative to bike riders and hence the cost of the car was kept so low. Tata Nano became a replacement of bikes on Indian roads (to an extent).

    The company managed to come up with a car which met their promise and price of 1 lakh, it didn’t really leave a good mark for the company. You could say that the 1 lakh car tag didn’t sit so well with the Tata motors. Most of the Tata Nano development was in-house. The designing was done by I.D.E.A.

    Reva i

    revai

    The Reva I is a car the country is proud of. Mahindra & Mahindra were the first ones to come up with an electric car in India. It was developed as well as designed in India while keeping the global market in mind. It was built here and then exported to markets all around the world.

    However, the car was not appreciated much in the global market; it wasn’t that very expensive due to the rebates it rounded up for being an electric vehicle.

    Mahindra Scorpio

    scorpio

    Mahindra & Mahindra launched their Scorpio in 2002 in the light of celebrating their 50th anniversary. It so happened that the Scorpio was the first in-house vehicle manufactured by the company.

    Mahindra did take inputs from AVL Austria and some consultants from Japan for the development of their vehicle. Fun fact, there were only 23 engineers who worked on the whole project.

    DC Avanti

    avanti

    DC Avanti is a sports car produced by DC Designs (which is headed by Dilip Chhabria). The DC Avanti is our country’s first home-grown sports car. This car, however, might not be everyone’s cup of tea but it’s still an amazing initiative.

    The idea behind the Avanti was to offer an affordable sports car for the masses. DC Avanti is powered by a Renault 2.0 Engine, 1998 cc engine displacement, 250bhp@5500rpm and a torque of 340Nm@2750-5000rpm.

    Tata Indica

    tata-1

    Tata Indica is Tata Motors’ first hatchback and it was showcased globally in 1998. With this car, the company stepped into the passenger car segment and it was a significant step that they took. Indica was a large vehicle (in terms of the size i.e. to say that it was a spacious car) and it came a reasonable price.

    This had such an amazing appeal that Maruti went ahead and brought down the prices of Zen almost immediately. Tata Indica was designed by I.D.E.A and the R&D was also done in India itself.

    India’s automotive industry is considered lucrative by car manufacturers not just for selling cars in the domestic market but also a brilliant source for manufacturing and selling vehicles in the global markets as well.

    Posted by Urvashi Dhingra
  • 5 Things That Affect Your Car's Resale Value

    Are you buying a new car? If yes, then we would suggest that you take a moment to think about the resale value of your present car. This might sound stupid in the middle of the happiness of buying a new car, but you must. This is a huge investment and needs to be planned properly.

    Just like any other asset you own, the price of your car is influenced by a crazy number of factors. While some can be handled with ease, others need time and care. The basic factors that influence your car’s resale value are the model, make, version, and year of production. Another one that you must take into consideration is, what type of a driver are you? Are you the one who obsesses over taking care of your car? or are you the one who doesn’t bother with it until the time you need to buy a new car? If you are the first one, you would get a pleasant surprise and if you are the second kinds you're in for a cold wake-up call when you step into the market to sell your old car after a couple of years.

    Price ranges can be discovered for free by using online car valuation service on our website. Sometimes the difference between price achievable for a poor and good condition cars can be so low that putting in any efforts is worthless, on the other hand, there are models where there can be a difference of thousands of rupees. This article will help you understand the factors leading to the depreciation of your car
    and what you can do to reduce it.

    Paint colour

    2

    This may come across as an unfair thing to those who love eccentric colours for their cars. It is all good to go for colours that you adore till the time you are okay with taking the damage on the resale value of your car. But think of this, you won’t have to put in additional cost/upkeep (specifically if we talk about people who own cars with matte paint). It is better to stick to the classic car colours like black, white, or silver. Although, there is one exception to this rule, the collectable or the limited edition cars. These are available only for a short period of time and are highly sort-after in the later years.

    Brand

    3

    Your car’s brand is an important deciding factor when it comes to calculating the resale value of your old car. Some vehicles are known to undergo rapid depreciation as soon as they are taken out of the showroom. Which is one of the reasons why people go for the more popular brands like Honda and Hyundai. These brands have a reputation of impeccable quality associated with them, and certainly not without reason. They don’t burn a hole in your pocket because they are low on maintenance and can be banked upon even after a couple of years of use. Most people are aware of this fact and tend to favour these brands while buying a pre-owned car.

    Sure it means that your car would come with a bigger price tag but that tag is well worth the penny. In order to know which brand is the best investment for you, you would need to do a bit of research at your end. The brand name, at the end of the day, plays a pivotal role in determining the resale value of your old car, and some brand names are enough to fetch you something close to 60% of the cost price and this stands true even after 3 years of the purchase.

    Condition of the Vehicle

    6

    The condition of your vehicle is an obvious factor which affects the value. This covers the regular wear and tear of your car, along with the previous repairs and the actual damage done. The degree of the damage to any item will affect the value actually depends upon the car. Small damages/ dents like a chip in a door might reduce the value of an expensive car by thousands while it may barely impact another car’s price. Car valuation services available with us can help you get an idea of how much each damage will hamper the final sale price and if or whether getting it repaired is a feasible idea or no. Many times, getting the problem fixed would result in less value reduction as compared the cost you’ll incur for not getting it repaired.

    Mileage

    4

    The more kilometres your car’s meter reflects, the lower the resale value of your car. This happens because the general perception is such that the greater the numbers on the odometer, the greater is the wear and tear brought upon it. This is a sad news for people who have cars is in mint condition even though it has run its share.

    Conversely, if your car’s mileage is low, it attracts a lot of potential buyers and maybe just get you a handsome sum for a slightly older car.

    Repair History

    5

    When you visit a second-hand car buyer, like Carbiqi, with a well-maintained car and services records, it has a positive impact on the resale value of a pre-owned car. The fact that the car has been kept with a lot of care sure has a lot of perks.

    There is this small factor about the place where you got your car repaired from, if you have been maintaining your car through authorised agents or dealer service centres, it acts as a bonus point to potential buyers. There is a simple reason for that, it helps the future buyers of your car get a trustworthy account of the vehicle’s past as well as its current condition (also, it is good for your car). This, however, is not a major contributing factor to determining your car’s resale value. It’s just something that helps in going business in good faith.

    After going through all of that, you have understood that selling a car can range from mildly time-consuming to exhausting & what’s worse, it can turn into a costly affair. You can avoid the hassle by using our free online valuation tool. Then, if you like, you can stop by one of our stores and get a free, yet proper, car inspection done. This way you get the best resale value of your old car with ease and, wait for it, our avg. selling time is just 54 mins!! (what??) Better believe it or visit us and see it for yourself. If you have questions, please feel free to share them through the chat option on the site, our facebook channel or even on twitter. See you real soon!

    Posted by Urvashi Dhingra

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