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With Diwali round the corner and Dussehra just gone by it seems to be just the right time to go in for that Auto purchase decision you have been postponing for a while. Well, your procrastination can’t be faulted much given the sharp spike in lending rates, which have risen by as much as four percentage points in the past three quarters to a five-year high.

This festival season vehicle manufacturers have news to cheer you up. Are you wondering that I am going to announce a sharp drop in auto loan interest rates? Well, not exactly! Though lending rates have eased a bit but they are still high enough to stop you from rushing to the nearest Auto showroom. Its a fry cry from previous years when Auto majors just couldn’t keep customers away during this auspicious period, traditionally the buying season for big-ticket items. So, you may be tempted to ask where’s the good news? Here it is: Most Auto firms are offering hefty rebates in the form of deep discounts. Many firms are even offering holidays to exotic locations, guaranteed buy-backs, cheaper financing, personal digital equipment, a year of insurance and other such goodies as part of the sales package.

Still, you need to find and compare the features, specifications of each before making that big decision. TolMol Autos to aid, whether its a bike or a car. Just compare your favourite autos side by side before visiting the showroom.