If you have planned to buy a car or looking to buy it anytime soon, you can buy it at the old price. The budget has imposed infra cess on the car prices and these will increase the final cost of your car.
As per ET Auto, sources say that most of the auto manufacturers will allow 2-3 weeks stock with the dealers. Also, the sales have been dull in the month of February and dealers will be looking to cash upon the lower pricing of the cars and sell it at the old price.
The increase in prices is expected to be from Rs. 3,000 to Rs. 80,000 depending on the make of the car. The infra cess to be levied on the cars are effective from 1st March 2016, which means any cars billed from the factory on 1st March will attract the cess and this will be passed on to the customers.
Ideally, any cars which are billed prior to 29th of February will continue to be priced at the old price. However, this is will be decided by the dealers and manufacturers will decide if that is left to dealers or to levy the current price.
The logic behind pricing at the new cost is that the manufacturers do not want to have different pricing for both the old and new as these are the same cars.
The ideal way to find out is to make a choice of cars that you are looking to buy and confirm it with the concerned dealer if the prices are as per the new structure or the old pricing still applies.