GST car rates: Heavy discounts of up to Rs 2.5 lakh on Hyundai, Mahindra and Tata cars

While luxury carmakers have already announced heavy discounts on various models, mass-market carmakers too have now joined the race

By: | Updated: June 15, 2017 2:19 PM

If you're considering buying a new car before GST(Goods and Service Tax) rolls out on 1 July 2017, then this might just be the best time for you in the year up till now. Luxury carmakers were the first to announce heavy discounts on their various models and now mass-market carmakers too have now joined the bandwagon. Ahead of GST's implementation, various car manufacturers are offering lucrative discount deals on their cars, starting from Rs 15,000 and going all the way up to Rs 2.5 lakh. These benefits are being offered the in form of cash discount and exchange bonus too, depending on the make and model. Herein, we have compiled a list of discounts that you can avail at the dealerships of some of the most popular carmakers in India. These discounts may vary from dealership to dealership, depending on the city so we suggest you to get in touch with your nearest dealership for knowing the best deals.

Read about: GST rates impact on cars: Car discounts in June 2017, big discounts on small cars in India

----------------------------------------------------------------------------------------------------------------

Mahindra and Mahindra

Mahindra dealerships are offering discounts on KUV100, TUV300, Scorpio and the XUV500 models. These discounts range between Rs 15,000 to Rs 65,000; which are applicable in form of cash discount and exchange Bonus.

----------------------------------------------------------------------------------------------------------------

Tata Motors

Tata Motors dealerships are offering heavy discounts of up to Rs 1 lakh on two of its models, the Bolt and Zest, while the Hexa is available with an exchange bonus of Rs 15,000. Other models in company's profile like Tiago, Tigor and Safari are available without any discounts, as reported by a dealership.

-----------------------------------------------------------------------------------------------------------------

Hyundai

Hyundai Motors dealerships are offering pre GST benefits on various models such as the Eon, Grand i10, Elite i20, old Xcent, 2017 Xcent, Verna and Santa Fe. The dealerships are giving discounts ranging between Rs 25,000 to Rs 2.5 lakh. In addition, Hyundai is also offering 100 percent on road finance on cars to its customers. This makes June, possibly the best month to buy a new car and the only other time when you might next be offered such lucrative deals could be around the festive season.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.