Car Discounts in May 2018: Up to Rs 1.40 lakh off on these Maruti, Hyundai, Honda & Mahindra cars

Maruti, Hyundai, Honda and Mahindra are offering some attractive schemes on their cars this month. Most of the models are being offered with cash discounts and exchange bonus while some are also offering free insurance. Complete details here.

By:Published: May 7, 2018 4:26:20 PM

Like every month, carmakers are offering some attractive discounts for May as well. The present month sees a total of four brands – Maruti Suzuki, Hyundai, Honda and Mahindra offering benefits to their customers. These benefits are being given in the form of cash discounts, free insurance and exchange bonus. Starting with India’s largest car manufacturer Maruti Suzuki, the company is offering attractive schemes on its multiple models like Alto 800, Alto K10, WagonR, Eeco, Celerio, Ertiga and Ciaz. The company is offering a maximum discount of Rs 80,000 on its highly popular hatchback WagonR while the least discount of Rs 10,000 is offered on Eeco MPV. Maruti Suzuki is also offering exchange bonus on the same models and these benefits range up to Rs 90,000.

Maruti Suzuki car discounts
ModelCash DiscountExchange Bonus
Alto 800Rs 20,000Rs 35,000
Alto K10Rs 35,000Rs 55,000
Wagon RRs 80,000Rs 90,000
EecoRs 10,000Rs 40,000
CelerioRs 50,000Rs 75,000
ErtigaRs 40,000Rs 60,000
CiazRs 30,000Rs 45,000

Hyundai also has some attractive schemes for its customers this month. The company is giving cash discounts of upto Rs 35,000 on its models like Eon, Grand i10, Xcent, Verna, Elantra and Tucson. Like Maruti, Hyundai is also giving exchange benefits on the said models and these are up to Rs 30,000.

Hyundai car discounts
ModelCash Discount
Exchange Discounts
EonRs 15,000Rs 25,000
Grand i10Rs 20,000Rs 15,000
XcentRs 35,000Rs 15,000
VernaRs 25,000Rs 10,000
ElantraRs 45,000Rs 30,000
TucsonRs 40,000Rs 30,000

Japanese manufacturer Honda is no behind in this race and is offering cash and other benefits on some of its models. The company’s Jazz, BR-V and CR-V can now be purchased with cash discounts of Rs 1 lakh, Rs 65,000 and Rs 1.5 lakh respectively. On the other hand, Honda City, Brio and WR-V are offered with free one-year insurance.

Honda car discounts
ModelCash DiscountsOther benefits
BrioNilOne year Insurance
WR-VNilOne year Insurance
Honda CityNilOne year Insurance
JazzRs 1,00,000
BR-VRs 65,000
CR-VRs 1,50,000

Last but definitely not the least, homegrown car manufacturer Mahindra is also giving discounts on models like KUV100, TUV300, 2017 Scorpio and the XUV500. With the launch of the new Mahindra XUV500, the older model is being retailed with a maximum cash discount of Rs 1.40 lakh. The company is also giving exchange benefits of up to Rs 50,000 to its customers on the said models.

Mahindra car discounts
ModelCash Discounts
Exchange Discounts
KUV 100Rs 60,000Rs 50,000
TUV300Rs 25,000Rs 30,000
2018 ScorpioRs 30,000Rs 15,000
2017 ScorpioNilRs 40,000
2017 XUV500Rs 1,40,000Rs 30,000

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