NRI’s - Buying - Gifting a car in India

How does Maruti Suzuki Gift a program for NRI’s work?

As I visit India quite often and require transportation during my visit, I decided to purchase a car for my use and chose to buy a Maruti Swift as I had heard great reviews about this car. I decided to try and get the vehicle using the NRI car purchase program called ‘DIL SE' that is advertised by Maruti. To keep this article brief here are the highlights: Since I did not want to wait for several weeks for the car I decided to call Maruti head office in Delhi to confirm that a car would be available within a few days. I did not want to pay for the car and not be able to use it before returning to USA. On October 14, 2007 I called Mr. Pratul Kumar Jain who is the Project Manager for the ‘Dil Se’ program in Delhi. His contact number is 30480492. Mr. Jain confirmed that there would be no extended waiting period.1 The NRI Maruti car purchase program requires that the car be ordered via their website

DIL SE Program Time line

1. On October 15, 2007 I logged on to the Maruti website and placed an order for a Maruti Swift car. I made the payments using my Master Card. The total cost of the Maruti Swift VXI car came to Rs 4, 34,111.00. RTO costs are extra and are paid in India by recipient of car. 2. Four days later on October 19, 2007 I received a call from a representative of a local car dealership requesting an appointment to come and collect the money required for registration of the car I was purchasing with the RTO office. 3. On October 22, 2007 a representative of Maruti dealership Wonder Cars in Pune visited me at my residence. We discussed the additional options for the car I was purchasing and the money required to be paid for the road tax and registration of the vehicle. I was asked to make the payment for the road tax and registration and pay for the selected options after the car was delivered. Amount paid for RTO was Rs 33,363.00. 4. On October 31, 2007 the car was delivered to my residence by Mr. Sachin Bargoa of Wonder cars Pune. The car was delivered with ribbons and balloons. The dealership also sent the traditional coconut and limes etc used by many Indians when taking delivery of new vehicles. 5. Generate a quote for the car. 6. Enter name of the person you would like to give the car to. (In my case I put my own name.) 7. Select a payment method. (I used my credit card.) 8. Car is delivered to your designated address by local Maruti dealer.

Maruti Gift a Car Program for Non Resident Indians

While it took 16 days to get delivery of the car, I would like to point out that the Maruti Swift is manufactured near Delhi. Since I had ordered the car for delivery in Pune, the travel time from Delhi to Pune by road is approximately six days. So how is the Maruti Swift? I really like the car. It is indeed a pleasure to drive. When comparing prices of cars in India, don’t get mislead by advertised discounts on cars. Unless the discounts are directly offered by the manufacturer of the vehicle, I found there were no real discounts offered by car dealerships. Discounts advertised by dealers only come into play when you finance the vehicle. The finance company makes up the discount it initially offers you to buy the vehicle by charging a hefty interest rate on your car loan. If you are an NRI thinking of gifting a car or purchasing one for yourself check out the Maruti gift a car program. You can save some money buying with this program. I saved a total of Rupees 12,000 on my car purchase when compared to local dealer prices that I was quoted. The process is simple and takes only a few minutes after logging on to the Maruti website. 1. Sign up with your email ID to create an account number. 2. Select Car of your Choice.

Selling you car in India Alert

Those of you who plan on selling their car in India when they are leaving to come abroad, be careful who you sell your car to. Some buyers will not transfer the vehicle to their name and in case of an accident you will still be shown as the legal owner on the registration papers. For more information on selling your car in India check out 'Selling Your Car In India'
maruti swift car

NRI - OCI - PIO Guide & Information

Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com

NRI’s - Buying - Gifting a car in India

How does Maruti Suzuki Gift a program for NRI’s

work?

As I visit India quite often and require transportation during my visit, I decided to purchase a car for my use and chose to buy a Maruti Swift as I had heard great reviews about this car. I decided to try and get the vehicle using the NRI car purchase program called ‘DIL SE' that is advertised by Maruti. To keep this article brief here are the highlights: Since I did not want to wait for several weeks for the car I decided to call Maruti head office in Delhi to confirm that a car would be available within a few days. I did not want to pay for the car and not be able to use it before returning to USA. On October 14, 2007 I called Mr. Pratul Kumar Jain who is the Project Manager for the ‘Dil Se’ program in Delhi. His contact number is 30480492. Mr. Jain confirmed that there would be no extended waiting period. The NRI Maruti car purchase program requires that the car be ordered via their website

DIL SE Program Time line

1. On October 15, 2007 I logged on to the Maruti website and placed an order for a Maruti Swift car. I made the payments using my Master Card. The total cost of the Maruti Swift VXI car came to Rs 4, 34,111.00. RTO costs are extra and are paid in India by recipient of car. 2. Four days later on October 19, 2007 I received a call from a representative of a local car dealership requesting an appointment to come and collect the money required for registration of the car I was purchasing with the RTO office. 3. On October 22, 2007 a representative of Maruti dealership Wonder Cars in Pune visited me at my residence. We discussed the additional options for the car I was purchasing and the money required to be paid for the road tax and registration of the vehicle. I was asked to make the payment for the road tax and registration and pay for the selected options after the car was delivered. Amount paid for RTO was Rs 33,363.00. 4. On October 31, 2007 the car was delivered to my residence by Mr. Sachin Bargoa of Wonder cars Pune. The car was delivered with ribbons and balloons. The dealership also sent the traditional coconut and limes etc used by many Indians when taking delivery of new vehicles. 5. Generate a quote for the car. 6. Enter name of the person you would like to give the car to. (In my case I put my own name.) 7. Select a payment method. (I used my credit card.) 8. Car is delivered to your designated address by local Maruti dealer.

Maruti Gift a Car Program for Non Resident Indians

While it took 16 days to get delivery of the car, I would like to point out that the Maruti Swift is manufactured near Delhi. Since I had ordered the car for delivery in Pune, the travel time from Delhi to Pune by road is approximately six days. So how is the Maruti Swift? I really like the car. It is indeed a pleasure to drive. When comparing prices of cars in India, don’t get mislead by advertised discounts on cars. Unless the discounts are directly offered by the manufacturer of the vehicle, I found there were no real discounts offered by car dealerships. Discounts advertised by dealers only come into play when you finance the vehicle. The finance company makes up the discount it initially offers you to buy the vehicle by charging a hefty interest rate on your car loan. If you are an NRI thinking of gifting a car or purchasing one for yourself check out the Maruti gift a car program. You can save some money buying with this program. I saved a total of Rupees 12,000 on my car purchase when compared to local dealer prices that I was quoted. The process is simple and takes only a few minutes after logging on to the Maruti website. 1. Sign up with your email ID to create an account number. 2. Select Car of your Choice.

Selling you car in India Alert

Those of you who plan on selling their car in India when they are leaving to come abroad, be careful who you sell your car to. Some buyers will not transfer the vehicle to their name and in case of an accident you will still be shown as the legal owner on the registration papers. For more information on selling your car in India check out 'Selling Your Car In India'
maruti swift car
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com