Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
IBB Insights September
1. What’s New !
Make better decisions on buying/selling used cars based on new product launches
1.00
1.03
1.04
1.07
1.06
1.05
1.04
1.01
0.96
0.98
1.00
1.02
1.04
1.06
1.08
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
IBB index tracks relative used vehicle price changes on a monthly basis across the country
IBBindexregistersasharpdeclineasdemandforentrylevelcarscoupledwithfestivediscountsonnewcarsdriveusedcarpricesdown.
•TheusedcarpriceindexinAugregisteredasteep300basispointsfallovertheearliermonth.WeatIBBattributethistothecumulativeimpactofhigherconsumerinterestforusedcarsintheMiniandCompactsegmentsandthemassivefestivediscountsofferedbythenewcarOEM’s.
•Aspricestreadlowerpeopleplanningtoselltheircarswouldbenefitbyclosingtheirtransactionsattheearliest.
•NewcardealersevaluatingTrade-insorusedcardealersdoingprocurementsneedtotreadcautiouslyandrefertoIBBforguidance
How to do RC transfer?
Here’s how IBB can help in 5 easy stepsSep 2014
Information contained in this document is derived from reliable sources, however we do not guarantee its accuracy or adequacy, and are not responsible for any results obtained by the use of it.
Indianbluebook.com
Excise Duty Reduction
General Elections
www.indianbluebook.com
Prices indexed to Jan 2014
New Launch …
Potential Impact On …
Fiat Avventura
Ertiga,Terrano, Scorpio
Volkswagen Taigun
Mahindra Scorpio, Toyota Innova, Tata Safari
Honda Jazz
MarutiSwift, Toyota Etios Liva, Huindaii20, VW Polo
MarutiSuzuki S-Cross
XUV500, Duster,Innova
Step 1
Create your file consisting ofOriginal RC book, Form 28, 29 & 30, Pan card of buyer & seller and address proof of buyer
Step 2
Get NOC fromthe Financier in case of hypothecation
Step 3
Take the vehicle Chassis imprint. If you want to verify chassis number log on to www.ibbvincheck.com
Step 4
Submit all the documents at the closestRTOwith relevant fees
Step 5
RC would be dispatched directly to your address in few days if your documentation is complete.
Have a used car question ? –ask our experts at ibbinsights@indianbluebook.com
Issue 4
Union Budget
Extension of excise duty