With GST implementation merely days away, the entire car-buying community is abuzz with speculations on possible price cuts. Thanks to prices of most cars looking all set to go down from next month, many new car buyers have postponed their new car purchase to post-GST days. While we’ve already discussed the possible impact of GST on car prices, here, in this post, we’ve put together all the information on discounts and price cuts being offered before the implementation of GST takes place. This is being done to lure all those who postponed buying a new car to next month. So here’s all the data on car price drop after GST announcement in India. Also See-ย Maruti Car Prices After GST
Quite unsurprisingly, it is the luxury car market that witnesses the highest discounts and price cuts. For example, Tata-owned Jagular Land Rover is offering discounts of as much as Rs 7.5 lakh. Hence, for luxury car buyers, this becomes a very good time to buy a new car. Even those contemplating buying an entry-level car should rejoice, for there’s a good discount on even these cars. Here’s all the detail on the pre-GST discounts and price drops.ย Please note that these discounts are for the month of June only.
Also See – GST IMPACT: Manufacturers Slash Bike Prices!ย |ย How Will GST Affect Bike Prices?
Maruti Suzuki
| Model | Pre-GST Price Drop |
| Maruti S-Cross | Rs 55,000 |
| Maruti Ciaz | Rs 45,000 |
| Maruti Swift | Rs 25,000 |
| Maruti Alto | Rs 35,000 |
Maruti Suzuki in spite of being India’s largest selling car manufacturer, is facing a period of low sales these days. This is simply because many potential car buyers have postponed the purchase to July. In order to lure such customers into the showrooms, Maruti is offering huge discounts on most of the cars in its portfolio.
Hyundai India
| Model | Pre-GST Price Drop |
| Hyundai Xcent | Rs 25,000 |
| Hyundai Grand i10 | Rs 73,000 |
| Hyundai Eon | Rs 45,000 |
| Hyundai Verna | Rs 90,000 |
| Hyundai Santa Fe | Rs 2,50,000 |
Hyundai India, the country’s second largest car seller, is also offering discounts of upto Rs 2.5 lakh! Even its latest launch, the Xcent facelift, has seen a price drop of Rs 25,000. The Verna, which will soon see a complete model replacement, gets a price cut of upto Rs 90,000. The Eon hatchback gets a price drop of Rs 45,000, while the Grand i10 is on sale with a discount of upto Rs 73,000. The SantaFe SUV, which is the flagship model in HMIL’s line-up, has seen a price cut of whopping Rs 2.5 lakh.
Honda Cars India
| Model | Pre-GST Price Drop |
| Honda Brio | Rs 14,500 |
| Honda Amaze | Rs 50,000 |
| Honda Jazz | Rs 17,000 |
| Honda BRV | Rs 60,000 |
There’s a price cut of Rs 14,500 on the Brio. The Amaze witnesses a price drop of Rs 50,000, while the Jazz is on sale with a discount of Rs 17,000. The BRV has seen a price reduction of Rs 60,000.
Ford India
| Model | Pre-GST Price Drop |
| Ford Figo | Rs 25,000 |
| Ford Aspire | Rs 25,000 |
| Ford EcoSport | Rs 30,000 |
| Ford Endeavour | Rs 50,000 |
The Indian subsidiary of Ford is offering discounts upto Rs 30,000 on the EcoSport compact SUV. The Figo and the Aspire have seen a price drop of Rs 10,000 – Rs 25,000. The mighty Endeavour has seen a price cut of upto Rs 50,000. Other than this, there are special offers like a low interest rate ofย 8.15% on Figo, Aspire and Ecosport.
Mahindra
| Model | Pre-GST Price Drop |
| Mahindra XUV500 | Rs 90,000 |
| Mahindra Scorpio | Rs 23,000 |
| Mahindra Xylo | Rs 39,000 |
| Mahindra TUV300 | Rs 61,000 |
| Mahindra KUV100 | Rs 90,000 |
Popular UV manufacturer Mahindra is offering price cuts of upto Rs 90,000 on the XUV500. The fast aging Scorpio is available with a discount of Rs 23,000. The Xylo gets a price drop of Rs 30,000, while the KUV100 gets a price reduction of Rs 72,000. There’s a discount of Rs 61,000 on the TUV300.
Nissan India
| Model | Pre-GST Price Drop |
| Nissan Terrano | Rs 80,000 |
| Nissan Micra | Rs 25,000 |
| Nissan Sunny | Rs 30,000 |
Nissan India has given the Terrano a price drop of Rs 80,000. The Micra gets a discount of Rs 25,000 and the Sunny is reportedly available with a discount of Rs 30,000.
Mercedes India
There’s an average price drop of 4% on all Mercedes cars on sale in India. Prices of the locally assembled Mercs in India has dropped by upto Rs 7.5 lakh. Even all other models are available at huge discounts.
Audi India
Audi is said to have reduced prices of its cars by upto Rs 10 lakh. The A3 is available with a price cut of Rs 1.5 lakh. The A8 limo is available for Rs 10 lakh.
BMW India
The Indian subsidiary of BMW is also offering huge price cuts. There’s also a free insurance offer on all its cars. It is also offering finance at 7.90%. There’s also a free service and maintenance package available on all its cars. The company is also offering an assured buyback offer for upto four years to offset the fast dwindling sales in this period.
Jaguar Land Rover India
| Model | Pre-GST Price Drop |
| Jaguar XE | Rs 5,70,000 |
| Jaguar XJ | Rs 10,90,000 |
| Land Rover Discovery Sport | Rs 7,50,000 |
| Range Rover Evoque | Rs 7,50,000 |
Jaguar Land Rover India is offering price reduction in tune of of Rs. 2 Lakh to Rs. 5.7 Lakh on Jaguar XE. There’s a price drop of upto Rs. 4 to Rs. 10.9 Lakh on Jaguar XJ. The Land Rover Discovery Sport and the Range Rover Evoque get benefits of upto Rs 7.5 lakh.
Manufacturer-wise Car Price Drop After GST Announcement
| Manufacturer | Max. Price Drop |
| Maruti Suzuki | Rs 55,000 |
| Hyundai India | Rs 2,50,000 |
| Mahindra | Rs 90,000 |
| Honda Cars India | Rs 60,000 |
| Ford India | Rs 50,000 |
| Nissan India | Rs 80,000 |
| Mercedes India | Rs 7,50,000 |
| Audi India | Rs 10,00,000 |
| BMW India | Benefits Upto 14% of Car’s Cost |
| Jaguar Land Rover India | Rsย 10,90,000 |
So, what do you have to say about theย Car Price Drop After GST? Do you plan to buy a car before GST gets into effect? Or do you plan to purchase a new car after July 1? Do let us know by commenting below.
