This Diwali, car manufacturers are offering great discounts to attract customers. These discounts are not just in thousands of rupees, but in lakhs of rupees. These include models from major companies like Maruti Suzuki, Honda, JSW MG, Mahindra & Mahindra, Tata Motors as well as luxury brands like Audi, Mercedes-Benz and BMW.
According to a report, the car industry is going through a slowdown these days. Car sales are not happening at the level they used to every year. In such a situation, these companies have a lot of stock of cars. According to industry experts, companies will give more discounts after Diwali. This is because dealers and companies will want to finish their old stock.
How much discount on what?
The luxury Audi Q8 E-Tron is getting a discount of Rs 10 lakh (over the ex-showroom price) and the Kia EV6 is getting Rs 12 lakh. Huge discounts are also being given on small cars. The Suzuki Jimny is getting a discount of about Rs 2.3 lakh. Apart from these, discounts are also being given on some blockbuster cars like the Toyota Innova Hycross and the Mahindra 3-door Thar.
According to the data of research firm JATO Dynamics, the Hycross has been receiving star status since its launch with a strong hybrid version. However, now due to the recession, it is also getting a huge discount. The discount on this car starts from Rs 1.5 lakh.
After the launch of the 5-door Thar, the 3-door is suffering losses, which is getting a discount of Rs 1.5 lakh. This is because buyers are choosing the new variant. Apart from this, Mahindra’s XUV4OO Electric is getting a discount of Rs 3 lakh. In July, Mahindra gave a discount of Rs 2 lakh on some versions of XUV7OO.
Huge discounts on these cars too
Discounts are also being offered on Maruti Baleno (Rs 1.1 lakh), Maruti Grand Vitara (Rs 1.1-1.4 lakh), previous-gen Scorpio (Rs 1.2 lakh), Toyota Fortuner (Rs 2 lakh), Jeep Compass (Rs 2.5 lakh), MG Gloster (Rs 4.9 lakh), BMW X5 (Rs 7-10 lakh), Audi A4 (Rs 8 lakh) and Mercedes S-Class (Rs 9 lakh).