Own had always exist. When you go to buy a car even it is readily available they tell you book it or pay own. So people pay own around 30-60k or book.
In case of booking sometimes vehicle is readily available so showroom guy calls next day and gives delivery and if not guy has to wait for 2-4 months.
Talking in account everything 60k is nothing these days as itnay ka to acha phone aata hai. But back in 2005-8 60-200k was a huge amount