The interest rates for car loans are at an all-time low and the need for owning a car or a personal vehicle is at an all-time high due to the pandemic. Every one or rather every family is looking to buy a car as it ensures safety over other modes of transport including two-wheelers and public transport.
On the other hand, existing car owners are looking to upgrade to new-gen cars available for sale in 2021. The latest-gen cars come with various features such as touchscreen infotainment, cabin air-purifiers, connected car tech and improved driver aids that their predecessors lacked. Most of these require semiconductor chips and the global chip shortage coupled with demand have led to buyers rushing to car dealerships resulting in a rather long waiting period to buy new cars, anywhere between 4 to 9 months as of November 2021.
The list of most popular new cars with the highest waiting period in India .
Mahindra Thar (9-10 months):
The new-gen Mahindra Thar received over 15,000 bookings within 17 days of its launch. The latest Thar is not just for the off-road enthusiast, but it has also become a much better urban vehicle capable of being a comfortable daily driver. No wonder the SUV has such high demand, the waiting period for select variants and colours of the Mahindra Thar is up to 10 months.
Mahindra XUV 700 ( Up to 9 months)
Mahindra XUV 700
The newly launched XUV 700 was an instant hit among car buyers. The SUV received over 65,000 bookings within 2 weeks of its launch. Offerings like a panoramic sunroof, plush interiors, optional all-wheel-drive, and advanced driver-assistance systems (ADAS) under Rs.20 Lakhs has left buyers flocking the Mahindra dealerships to get their hands on one. But with such high demand, the waiting period for the Mahindra XUV 700 in India is about 9 months.
Nissan Magnite (Up to 8 months):
The Nissan Magnite skyrocketed the sales for the Japanese carmaker since its launch in India. The sub-compact SUVs are most sought after vehicles by new car buyers and Nissan rightly launched the Magnite with apt pricing. The Nissan Magnite SUV prices start as low as Rs. 5.49 Lakh (ex-showroom). Stylish looking loaded with features has probably got buyers going bonkers over this sub-4m SUV. Customers have to wait up to 8 months to get hold out of select variants of the Nissan Magnite.
Hyundai Creta ( Up to 7 months)
The Hyundai Creta is currently the best-selling SUV in India and the highest-selling car in the Korean carmakers stable in the first month of 2021. The mid-size SUV, Creta offers a range of features including connected car tech, panoramic sunroof etc., which its predecessor lacked. We don't see a slowdown in demand for the Creta, but buyers have a waiting period of up to 7 months to get hold of this beauty.
Maruti Suzuki Ertiga (6 – 8 months)
Maruti Ertiga
The Maruti Suzuki Ertiga is the only seven-seater car in India with a waiting period of around 6 – 8 months in February 2021. Notably, the CNG variant has the highest waiting time while the petrol variant's waiting time is about 4-5 months. The Ertiga MPV is a right family car on a budget, and it is spacious, powerful, and fuel-efficient. The Ertiga is powered by a 1.5-litre petrol engine that produced 105 PS power with 138 Nm torque.
Kia Sonet (Up to 5 months)
Kia Sonet SUV
The Kia Sonet became the best-selling subcompact SUV in the Indian market right after its launch. The Sonet took the market by storm with its bold looks and best in class features like ventilated seats, plush leather upholstery, connected car tech, to name a few. The Sonet also comes with a range of engines and gearboxes options, the current waiting period for specific variants of the Sonet SUV is anywhere between 5-6 months.
Toyota Fortuner (Up to 4 months)
Toyota Fortuner Facelift
The Toyota Fortuner is the undisputed king of its segment since its introduction in the Indian market. The Japanese carmaker recently launched the Fortuner facelift in India, and the update on the SUV has got the buyers going! The all-new Toyota Fortuner has a waiting period of around 4 months as of February 2021.
TATA Punch ( Up to 4 Months)
Tata Punch micro SUV
Tata Punch, the newest micro SUV, was recently launched at an attractive price of Rs.5.49 Lakh (ex-showroom). Tata Punch received a 5-star rating in the Global NCAP crash tests, becoming the safest entry-level car in India with 5-star safety. The car is powered by an 86PS 1.2-litre petrol engine with the choice of a 5-speed manual and an AMT. While Tata has already commenced deliveries of the Punch, the average waiting period is about 4 months.
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