GST Impact On Cars Prices has resulted in prices going down by medium to large amounts. We have the entire list
There is good news for those people who haven’t bought a car yet. GST has affected a lot of businesses and it has majorly affected the car industry too. There was a lot of speculation about the prices increasing or decreasing of cars which led to a lot of confusion. Here’s the list of cars whose prices have been affected. Now these are approximate prices and it might vary at dealerships.
In India many people prefer small cars hence making it the bigger and most popular segment and Maruti Suzuki has contributed a lot here. Cars such as the Alto, Wagon R, Swift, DZire, Celerio, Ignis, Vitara Brezza, Baleno, Eeco and Omni have got price cuts between Rs. 5000 to Rs. 22000. Maruti’s Ciaz (petrol) has got a price drop of around Rs. 7000 – 40000 depending on the variants.
The small cars from Hyundai such as the Eon, Grand i10, Elite i20, Xcent and the i20 Active have got price drops of around Rs. 8000 to Rs. 24,000.The sedans like the Verna and the Elantra are cut by Rs. 27,000 to Rs. 70,000. Hyundai’s popular SUVs like the Creta, Tucson and the Santa Fe are now cheaper by Rs. 1 lakh to 2.5 lakh.
The prices of Honda cars such as the Honda Brio, Jazz, Amaze and WR-V are down by Rs. 11,000 – 24,000 while the City and CR-V are cut by Rs. 31,000 and 2.30 lakh respectively.
Prices of the Toyota cars such as the Etios and the Corolla are cut by Rs. 13,500 to Rs. 57,000, while the Fortuner and the Land Cruiser prices are down by an enormous amount of Rs. 3 lakh to Rs. 10.50 lakh.
Cars from Mahindra such as the KUV100, TUV300, and Verito Vibe have seen drops ranging from Rs. 11,000 to Rs. 36,000.
The prices of Volkswagen Polo, Ameo and Polo GT have dropped to Rs. 13,000- to Rs. 22,000. The sedans such as the Vento and the Jetta get benefits from up to Rs. 35,000 to Rs. 75,000. The recently launched Tiguan SUV has also seen price drop of up to by Rs. 3.30 lakh.
The Figo, Aspire, Eco Sport gets benefits from Rs. 9,000 to Rs. 13,000. The Endeavour is enormously cheaper by Rs. 2.70 lakh.
Mercedes-Benz has seen discounts ranging between 1.25 lakh to Rs. 7 lakh across its range. BMW and Audi have become cheaper of up to Rs 1 lakh to 4 lakh. The Jaguar XE, XF and XJ can now be had with price cuts ranging from Rs. 3.25 lakh to Rs. 6 lakh.