Top 5 Diwali offers on cars: Discounts, exchange and free accessories

After witnessing tremendous growth in October 2015, carmakers in India are offering hefty discounts and benefits on some of their most popular models to keep the momentum going in the second festive month as well.

By: | Updated: April 14, 2016 1:23 PM

Hyundai Grand i10, Nissan Sunny, Renault Duster, Maruti Suzuki S-Cross and Flat Linea are coming with benefits upto Rs 1.10 lakh to cash on the festive season.

Hyundai Grand i10, Nissan Sunny, Renault Duster, Maruti Suzuki S-Cross and Flat Linea are coming with benefits upto Rs 1.10 lakh to cash on the festive season.

After witnessing tremendous growth in October 2015, carmakers in India are offering hefty discounts and benefits on some of their most popular models to keep the momentum going in the second festive month as well. While new offerings, of course, are talk of the town, special offers on ​existing ​old​er products is to target a larger buyer base.

Here's a list of top 5 festive season offers currently available across India.

1. Hyundai Grand i10 - Benefits up to Rs 70,000

One of ​Hyundai India's top-selling car, Grand i10, ​is one of the most tempting options in the market this festive season with saving​s​ up to Rs 70,000​ on offer​. The list of benefits include free first year insurance, cash discount, exchange bonus and corporate discount.

Break-up​:​

Free first year insurance - Around Rs 15,000 for base variant

Cash discount - Rs 10,000 ​on petrol model and Rs 8,000 ​on diesel model

Exchange Bonus - Rs 40,000

Corporate discount - Rs 3,000 (only for govt​. ​employees)

2. Nissan Sunny - Benefits up to Rs 75,000

Nissan Sunny can be bought with total benefits of up to Rs 75,000 which include accessories worth Rs 10,000. Other freebies ​on offer are free first year insurance, exchange bonus and corporate discounts. ​Buyers investing in Sunny's ​base trim​, however, will only get benefits up to Rs 34,000 which consist​s of​ free insurance and accessories.

Break-up​:​

Free first year insurance - Around 24,000 on base trim

Exchange bonus - Rs 30,000

Corporate discount - ​Rs ​5,000 (for govt​.​ and MNC employees)

Accessories - ​Rs ​10,000

3. Renault Duster - 4.99 per cent interest rate or cash discount of Rs 45,000

Under a special loan scheme, Renault's financing arm​, Renault Finance, is offering an attractive rate ​of interest ​of 4.99 per cent​ on the Duster​. Though the scheme is applicable only on the compact SUV's 85PS RxE and RxL variants. People not willing to get the car finance​d​ from Renault ​Finance ​will get ​a ​cash discount of Rs 45,000 on the same variants. Other variants, except the Explore Edition, are being offered at a cash discount of Rs 35,000. The company is also offering additional benefits of Rs 25,000 on select stock.

Break-up​:​

Cash discount - Rs 45,000

Special rate of interest of 4.99 per cent

Additional Rs 25,000 on select stock

4. Maruti Suzuki S-Cross - Benefits up to Rs 90,000

Launched earlier this year, Maruti Suzuki S-Cross is being offered with special festive benefits of up to Rs 90,000 that include loyalty bonus worth Rs 10,000, exchange bonus of Rs 30,000 and cash discount on approved loan amount. Cash discounts on finance support for the 1.3-litre model would amount to Rs 20,000, while on the 1.6-litre model it will be Rs 60,000.

Break-up​:​

Loyalty bonus - Rs 10,000 (for Maruti Suzuki owners)

Exchange bonus - Rs 30,000

Cash discount - Up to Rs 60,000 (​f​or people opting ​for finance)

5. Flat Linea - Benefits up to Rs 1.10 lakh

Fiat India ​is offering one of the biggest discounts ​in the market.​ Almost all of its cars are available with several benefits. Though the Fiat Linea's top-end diesel variant, Emotion, c​comes with a who​p​ping Rs 1.10 lakh benefits​ which includes Rs 70,000 cash discount, Rs 30,000 exchange bonus​,​ and Rs 10,000 loyalty benefit​. ​The Linea petrol​,​ too​,​ is available with benefits ​of ​up to Rs 95,000.

Break-up​:​

Cash discount - Rs 70,000

Exchange bonus - Rs 30,000

Loyalty benefit - Rs 10,000

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