Festive discounts on cars range from Rs 20,000 to Rs 6 lakh

Festive discounts on cars range from Rs 20,000 to Rs 6 lakh
This festive season, car dealers are offering discounts ranging from 10% and 30%.

The discounts translate into savings of Rs 20,000 to Rs 1.3 lakh for small and mid-segment cars. The savings on high-end cars go up to Rs 6 lakh.

The deals and freebies vary as dealers compete among themselves. Besides discounts, automakers are offering cashback, and giving away accessories and insurance.

Among the incentives for buyers are gold coins, low-interest loans, and cheap annual maintenance contracts. Maruti Suzuki, the country’s largest passenger car maker controlling 52% of the market, has rolled out discounts ranging from Rs 5,000 to Rs 60,000. It is also encouraging trade-ins with attractive exchange offers.

The company’s best-selling Swift Dzire comes at a discount of Rs 30,000. The WagonR comes for Rs 60,000 less. The company’s offers last till the end of the month. Hyundai, the country’s second largest car maker, is offering discounts ranging from Rs 20,000 to Rs 95,000.

Buyers of Grand i10 (diesel) can save up to Rs 95,000, taking into account a festive discount of Rs 50,000.

Tata Motors is not offering any discounts this festive season. Besides low-interest finance, Nissan is offering festive benefits that can result in savings of up to Rs 81,000.

The company’s Micra MC is available at a discount of Rs 59,000 this month.

High-end cars, impacted by the increase in cess last month, have been the worst hit after the advent of GST. Companies are trying to woo buyers back with pre-cess and pre-GST prices. Luxury brands like Mercedes-Benz, Audi, BMW, Volvo and Jaguar Land Rover are offering direct discounts of up to Rs 6 lakh.

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