Jeep slashes prices by up to Rs 18 lakh after GST! Here's how much you need to pay now - The Financial Express

Jeep slashes prices by up to Rs 18 lakh after GST! Here’s how much you need to pay now

The Goods and Services Tax or GST implementation has proven to be useful for direct imports. Here's how much a Jeep SUV would cost you now

By: | Published: July 20, 2017 12:34 AM

With the implementation of GST or Goods and Services Tax, there have been substantial reductions in the ex-showroom prices of luxury vehicles and the latest to announce a price-cut is Jeep. In the earlier tax structure which included Excise Duty, NCCD (National Calamity Contingency Duty), Infra Cess, CST (Central Sales Tax) and VAT (Value Added Tax), which was dependent on the state, SUVs were taxed close to 55.3 percent. With the effect of GST, this tax has come down to 43 percent which includes the new flat tax rate and additional cess. The base version of the Wrangler Unlimited which retailed at Rs 56 lakh, ex-showroom, still has the same price tag while that of the Wrangler Unlimited diesel version now costs Rs 64.45 lakh, ex-showroom. The Grand Cherokee which has been recently introduced with a petrol engine starts from Rs 75.15 lakh for the petrol Summit version and the diesel Limite variant. The Grand Cherokee would now set you back by Rs 1.07 crore, ex-showroom.

A number of standard features on select models like the air suspension on the Grand Cherokee as well as the Wrangler Unlimited. These include EPS (Electronic Power Steering) with three new driving modes, Normal, Comfort and Sport. The 'Park Sense' reverse parking system now also includes a start/stop system which also applied the vehicles' brakes in case it detects an obstruction. Moving back to the Grand Cherokee model, it is now available with two more exterior colour options, Velvet Red and Diamond Black Crystal. The premium SUV is now also offered with air suspension on the Summit variants and new 20 inch alloy wheels. The Jeep Grand Cherokee SRT gets a 20-inch Matt Black split spoke unit as opposed to a silver outline for the standard Grand Cherokee.

Also Read: Jeep Grand Cherokee Summit petrol launched at Rs 75.15 lakh, same as a diesel variant. Which one to buy then?
With the advent of GST, luxury, as well as premium car makers such as Jeep, have benefitted from it. A difference of 13 percent on cars costing almost Rs 1 crore is significant in a price sensitive market such as India. Another entry from Jeep India that would benefit from this considerable reduction due to the new tax structure is also the Compass, the company's first locally assembled Jeep, which is expected to be priced around Rs 15 lakh for the base variant.

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