The festive season, marked by Navratri, Durga Puja, and the upcoming Diwali, is driving car sales. Automakers are rolling out attractive double discounts to entice buyers. These offers are a result of GST 2.0 implementation, lowering vehicle prices, and are coupled with festive discounts, bonuses, corporate offers, and exchange programs. Consequently, the cost of purchasing hatchbacks, compact sedans, and SUVs has significantly decreased.
**Tata Nexon Leads the Way**
The Tata Nexon stands out with potential savings of up to ₹2 lakh. This includes a GST-related reduction of ₹1.55 lakh and additional savings from cash discounts, scrap offers, and corporate deals, totaling ₹45,000. The Nexon’s value proposition is further enhanced, particularly in urban markets.
**Honda’s Dual Strategy: Elevate and Amaze**
Honda is actively participating in both the SUV and sedan segments. The Elevate offers savings reaching ₹1.22 lakh, which includes a ₹91,100 GST cut and a dealer bonus up to ₹31,000. This is aimed at challenging established SUVs like the Creta and Seltos.
For the Amaze, Honda provides special incentives. The second-generation Amaze sees benefits of up to ₹97,200. The new third-generation Amaze’s ZX CVT variant offers discounts as high as ₹1.60 lakh, with ₹1.20 lakh coming from GST adjustments and ₹40,000 from an exchange bonus. These discounts are designed to accelerate the Amaze’s market presence.
**Maruti Suzuki’s Diverse Range of Offers**
The WagonR, targeted at entry-level buyers, has offers up to ₹75,000, with cash discounts, scrap benefits, and corporate deals. The Baleno, a premium hatchback, comes with discounts up to ₹70,000, incorporating cash discounts, exchange offers, scrap benefits, and, in some cases, accessory kits. The popular Brezza SUV presents offers up to ₹45,000, showing the manufacturer’s confidence in the model’s consistent demand.
**Hyundai Exter Enters the Fray**
The Hyundai Exter, a budget-friendly SUV, has discounts up to ₹60,000, especially on the AMT and CNG variants, where demand is increasing. With the price reductions from GST 2.0 and extra savings from festive deals, 2025 is shaping up to be a beneficial year for car buyers, with record-breaking savings and opportunities for car manufacturers to boost sales and build customer loyalty.