Isuzu Motors India is offering heavy discounts on its models, namely; the newly launched MU-X and the V-Cross. The Isuzu MU-X is now available with a benefit of up to Rs 1.5 lakh on ex-showroom price. It is priced at Rs 23.9 lakh and Rs 25.9 lakh for the 4X2 and 4X2 variants.
The five-seater SUV now carries a price tag of Rs 22.4 lakh for the 4X2 and Rs 24.4 lakh for the 4X4 AT versions. Both prices are ex-showroom, Delhi. The car manufacturer is also offering discount benefits on its V-Cross model. It is priced at Rs 13.3 lakh and after application of discount, it would be priced at Rs 12.7 lakh, ex-showroom, Delhi.
The company is offering discounts on its models after the announcement of GST (Goods and Services Tax) taxes on vehicles which will be implemented from 1st July, 2017.
The impact of GST will prove beneficial for buyers of SUV or luxury cars as the total tax levied upon them will be brought down to 43% (a substantial 12% down from the current 55%). However, small cars may have to undergo a slight hike in prices, since the total tax on sub 4 metre cars currently lies at 25% to 27.5%. Under GST, small cars will be taxed at a total rate of 29%.