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 older 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 savings 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 consists 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 financed 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 (for 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, ccomes with a whopping 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