Monthly Discounts & Schemes On Indian Cars


350Z

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Re: Monthly Discounts / Schemes on Indian Cars.

Mitsubishi is also marketing the Outlander Chrome with “subsidy of fuel” worth Rs.1 Lakh this October.

mitsubishi outlander discount india.jpg

Drive Safe,
350Z
 
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Re: Monthly Discounts / Schemes on Indian Cars.

Hmmm.. Whatsoever the marketing and the limited editions may be!!!
People are asking the 20 lakh petrol engine to go home. [:)]
 
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Re: Monthly Discounts / Schemes on Indian Cars.

Summary of discounts/schemes in the festive season:

(Source- Gaadi.com & IAB)

Mahindra&Mahindra

  • XYLO: benefits of upto Rs 54,000 on the E series and Rs 39,000 on the D series
  • Scorpio EX: at a special EMI of only Rs 9,999!
  • Verito: free Insurance for up to Rs 20,000
Ford

  • Assured gifts such as digital cameras, home theater systems, LCD TVs with every Ford booked.
  • New Fiesta: Rs 50,000 off!
Chevrolet

  • Spark and Beat Petrol: A free 81cm LCD TV, free maintenance worth 14,500 and a gift voucher worth Rs 21000.
  • Aveo U-VA: starts at 4.34 lakh
  • Aveo Sedan: starts at 5.36 lakh
  • Optra Magnum: starts at 6.69 lakhs
Fiat

  • Linea: Benefits upto 1,30,000
  • Punto: Benefits upto 90,000
Tata

  • Aria: Minimal down payment of Rs 1.99 lakhs
  • Manza: starts at 4.99 lakh
  • Nano: Minimal down payment of Rs 15 thousand
  • Vista: Minimal down payment of Rs 25 thousand
Nissan

  • Petrol Micra: Starts at Rs 3.67. Additional benefits of Rs 51,000 on road.
Hyundai

  • i10 1.1L Era: starts at 3.49 lakh
  • i10 1.2L Magna: starts at 3.79
  • Santro: Benefits of Rs 36 , 500!
Toyota

  • Etios Petrol: Free insurance
BMW

  • X1: 100% Finance
  • 3 Series: 0% interest rate
Audi

  • A4: 0% interest rate
Mercedes

  • E Class: 0% interest rate
 
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Re: Monthly Discounts / Schemes on Indian Cars.

great post knightrider.. why companies like merc n bmw never give cash discounts! [thinking]
 

350Z

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Re: Monthly Discounts / Schemes on Indian Cars.

Now Toyota Kirloskar is offering insurance @ Re.1 for Etios Twins (Applicable for Petrol only).

Drive Safe,
350Z
 
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Re: Monthly Discounts / Schemes on Indian Cars.

Huge discounts of 1 Lakhs for Honda City (In Chennai)
Which dealer are you talking about? Capital Honda offers 85k only.

Sounds tempting, but it also a way of clearing the stocks because New City is launching soon.

Drive Safe,
350Z
Really tempted me as well and I have made my booking also.
But I have told them that I will be able to pay the down payment only after 2 weeks. I hope by the time I pay the down payment the facelift will be launching. And I have asked for an option to go for the facelift, if I like it after launch. He kinda agreed to that. Keeping my fingers crossed.
 
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Re: Monthly Discounts / Schemes on Indian Cars.

honda city facelift will be launched in jan 2012.it was supposed to be launched this month,but due to floods in Thailand it got delayed
 
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Re: Monthly Discounts / Schemes on Indian Cars.

Maruti-fiat-chevrolet-hyundai-others offer discounts on new Cars to drive sales

Carmakers are offering discounts up to 20% on new units of models worst affected by a slowing demand and rising inventory, opening up more options for buyers.

Narinder Sethi, a cable operator in north Delhi, found this out to his pleasant surprise recently. He had ventured out to buy a second-hand Swift hatchback, but he returned home with a brand-new Estilo. The small car from the Maruti Suzuki stable cost him Rs 2.65 lakh excluding taxes, nearly a fifth less than the regular ex-showroom price, and cheaper than the available pre-owned Swifts.

Along with Maruti Suzuki, most carmakers are offering lower effective retail prices, by slashing ex-showroom prices or by offering cheaper loans, especially on their petrol models. Fiat Punto, Chevrolet Spark and Hyundai Accent sedan are just some of the other models available at steeply slashed prices.

"There is a marked difference in the retail prices of cars with huge inventories being piled up as the festive period failed to live up to the expectations," said a Delhi-based Maruti Suzuki dealer, "Companies are offering huge discounts across models, the highest in the past three years, but it's the petrol cars where discounts are the highest."

Auto financiers say companies are also offering discounted interest rates on new cars to spur demand, even as they stand to make up the difference to the lender. Czech carmaker Skoda Auto, for instance, is offering a flat 9.99% interest, against the current market rate of 14%. Honda is offering cars at an even lower 9% interest.

"In the slowing market, companies have bundled up options to bring down the actual price burden of the customers. Now many cars are virtually priced at par with the used cars as companies are forced to offload their inventories, which have almost doubled in the past two months," said a senior executive of HDFC Bank, the largest private lender in the Indian automotive market.

As in the case of Sethi, this can also result in a prospective second-hand car buyer settling for a new car. "The fabulous price, along with the possibility of owning a new car, persuaded me to go for the Estilo," says Sethi, "Buying a new modern car with modern technology is more prudent than buying any of the used cars." It makes for greater savings for those who plan to buy on credit as most banks and financial institutions charge 2-3% higher rate of interest on pre-owned cars.

Maruti, Fiat, Chevrolet, Hyundai, others offer discounts on new cars to drive sales - The Economic Times
 
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