Best time to buy a car -
Best time to buy a car
Posted 15 Sep 2017 05:49 PM

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With the festive season around the corner, car manufacturers and dealerships are giving huge discount benefits to customers. This year there have been various changes in tax and cess structures in Indian automotive industry. Recently, the GST Council has increased the cess on the luxury and SUV cars, however, cars with petrol engine up to 1200cc and diesel engine up to 1500cc have not been affected. This decision has come after a lot of policy-shuffling through the year, wherein we witnessed the GST being implemented.

On implementation, car prices for most segments went through a reduction, especially the luxury segment, which saw a reduction of more than 12 % in tax rate in some cases. In this month, many carmakers are trying to get rid of their inventory and same is the case with dealers. With many new models scheduled to launch before the festive season, this could be the best time to buy a car that you've been eyeing for long. Herein, we have compiled a list of companies who are giving discount benefits on vehicles at the dealership level, however, these may vary from city to city.Discounts on Maruti Suzuki car

Maruti Suzuki dealerships are offering a discount from entry level hatch back to MPV segment in its line up. The Alto 800 is being offered with a cash discount of Rs 20,000, while the Alto K10 & Alto K10 AMT is on sale with a cash discount of Rs15,000. The Swift with petrol and diesel engine is also being offered with cash benefits of up to Rs 20,000. There are no cash benefits and exchange bonus on the 2017 Dzire, Baleno, Brezza and the Ignis, owing to the high demand for these vehicles.

Discounts on Hyundai cars

Hyundai Motor India dealerships are offering attractive discounts up to the tune of Rs 2.5 lakh on its vehicles. The hatchback Eon is being sold with a cash discount of Rs 45,000, while the Santa FE can be bought with an exchange bonus of Rs 2.5 lakh. The Grand i10 is being sold with total benefits of about Rs 80,000, while the i20 range is being offered with a cash discount of Rs 20,000. The Creta, Elantra and 2017 Verna are not being offered with any cash or exchange benefits right now.

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