Save yourself from 20% INTEREST for one MONTH. Never BUY Electric Motors on CREDIT. Buy online from www.industrykart.com.

Never BUY Electric Motors on CREDIT. Buy online from www.industrykart.com.Save yourself from 20% INTEREST for one MONTH

I never thought, and you may also have never though that actually ELECTRIC MOTOR buying on credit is nothing but getting fleeced.

The buyer unknowingly ends up paying more than 15% for just one month credit.

The electric motor buyer almost always buys on credit and normally gets 64% discount. The buyer gets one month credit. The www.industrykart.com is offering 70% discount but no credit. The buyers feel that for 6% advantage (70%-64%), they may end up paying upfront rather than get one month credit.

So the choice is one month credit or 6% additional price advantage (70%-64%). But there is more to it. The BUYER is actually at disadvantage on many counts in buying through CREDIT.

Disadvantage-1: The Buyer gets one month credit. Let us find out the interest that he pays for this credit. let say He buys a motor, LIST Price: 100000 INR. He buys on one month credit with discount of 64%. Thus he buys at 36000 INR. If he had bought from www.industrykart.com he would have bought the same motor with 70% discount at a price of 30000 INR. Thus he would have saved 6000 INR at a buy of 30000 INR.  Thus by buying on one month credit he looses INR 6000. See what is the percentage of rate of interest- It is (6000/30000)- 20% INTERSET for one MONTH credit.(it is interesting effect of giving discounts). This is shocking!!!

When we speak to customers, they get shocked like we do.

Disadvantage-2: Buying at 64% discount offline or at 70% discount online, the discount is actually not only 6% different. Just see, the buyer saves 6000 on a buy of 30,000. If bout offline he buys at 36000 INR. Thus actual saving is 6000 on 36000, thus 17% and not less.

These are the games the discount plays with BUYERS. Enjoy buying online at www.IndustryKART.com