If you are thinking to buy a new car from a very long time but not decided yet then it must be a good time to think again as the car dealers are offering a huge discount on new cars between Rs. 25,000 to Rs. 2,50,000. Because of the implementation of GST, the automotive market will see a slight increase in the prices. The GST rate is fixed for the automobile industry which is twenty-eight percent bracket plus cess - 1 percent for small cars (Petrol), 3 percent for diesel cars and 15 percent for luxury cars. Due to this, the on-road price of the different categories of cars has been changed, small diesel cars will increase by 1.6 percent, mid- sized car will increase by 2.1 percent.
Here we are providing you list of some common car brands which are providing a huge discount on various car models:
- Hyundai Eon: The Hyundai Eon price in Delhi starts from Rs.3.62 Lakhs - Rs.4.97 Lakhs and you can avail a discount of Rs.45,000.
- Hyundai Grandi10: The Hyundai Grandi10 starts at Rs. 4.69 Lakhs and can be purchased at a discount of Rs. 62,000 for the petrol variant and Rs. 73,000 for the diesel variant.
- The Hyundai i20 and the Hyundai Xcent offers a discount of Rs.25000 for both petrol and diesel variant.
The biggest discount on Hyundai's car models is on the Hyundai Santa Fe of Rs. 2.5 lakh and on the Hyundai Verna of Rs. 80,000 for the petrol variant and Rs.90,000 for the diesel variant.
Apart from this, Hyundai is also providing additional benefits and offering 100 percent road finance with the exchange benefits.
Mahindra is also offering various offers for the Delhi NCR region:
Mahindra KUV 100: You can avail a discount of Rs. 40,000 to Rs. 42,000 on Mahindra KUV 100.
Mahindra TUV 300: You can avail an offer of Rs. 36,000 on Mahindra TUV 300.
Mahindra XUV 500: On this model, you can get a maximum discount of Rs. 65,000.
Also, you can avail exchange offers as well on Mahindra Cars but they are applicable on selected items only.
Ford is an American carmaker and is providing the biggest discount on various brands. Good news for Ford lovers as now is the best time to grab your favorite car models.
Ford Ecosport is offering a discount of Rs. 20,000 to 30,000 while the Aspire and Figo are offering a discount of Rs. 10,000 to Rs.25,000.
As the GST rolls out, the prices of the luxury cars including Sedan and SUV will decrease by 4 to 5 percent and 10-12 percent respectively. Talking about small cars the prices will decrease at the rate of 12to 13 percent only if the government will accept the standard GST rate of 17 to 18 percent. So, the conclusion is if you want to buy a new car then you should buy it today, you will not only get the best discount but you will get the best deal as well.