If you have a need and have the budget to buy a car , then this might be the best time to make that decision. The discounts are at all time high, plus you can bargain and get some waivers / discount on insurance, get some free accessories ,etc. The resale value for the car you purchase now vs something you would have purchased post April 2020 will get nullified with the current upfront discount. Also consider the fact that you will be trying to sell this car by 2022-23 & by that time the market situation might have completely changed. So there is no guarantee that a car bought post April 2020 will fetch you a great resale value.
There is going to be a great transition happening in the Automotive industry in the next 5 years. By 2025 the whole world would have moved to shared cars, self driving cars or even flying cars & that too brands like Google and Apple getting into the Automotive sector.
So this might be possibly the last chance to enjoy such huge discounts while buying your ‘own’ car.
Technology is undergoing a paradigm shift and has transitioned at a supersonic speed in the last couple of years. Things which you would have never imagined is happening right in front of your eyes. Be it the hearables like Amazon Echo, Google Home, Apple Siri, Microsoft Cortana, etc. or the wearables like Apple smart watch, Fitbit, rings activated with locker passwords, etc. – it is true that World is moving into a different horizon in regard with the onslaught of technology and the speed at which it is getting accepted by everyone.
Travel on the other hand has also found it’s own share of innovations with the help of the new age technology. Twitter, Facebook, WhatsApp, Video chats, live streaming, recorded footages, etc. helps us to know about new places, new cultures , new cuisines, etc. But the urge to try this on your own is making people travel. The number of travellers have increased exponentially in the last decade. With the help of technology , people are very well aware of places that appeal to their tastes. Hashtags are the new style statement and it is also the go to search mantra. Instagram, in particular, has created a wave in this regard especially in the travel world. Insta Stories and Insta posts is helping the New Age travellers to get the knowledge of new places. But all this while the technology has only helped in creating the excitement to Travel.
Soon Travel enabled with future technologies will give a whole different experience. Be ready to get personalised welcome to the aeroplane. Artificial Intelligence & Facial Recognition will give the details of each and every passenger to the air hostess / stewards.