In a bid to clear stocks with just three weeks of 2014 left, automakers in India are announcing a slew of discounts and exchange benefits on various models. Maruti Suzuki is offering discounts to the tune of INR 75,000 on Ritz and a discount of INR 40,000 on the Swift. It is even on the recently introduced Alto K10 and Celerio that the company is offering yearend discounts of INR 15,000 so as to boost sales and clear stocks out of company showrooms.
Launched earlier this year, Celerio too comes with discounts.
Hyundai Eon comes with a discount of INR 46,000 while the Elantra sedan if being offered at a discount of INR 70,000. GM India which is offering discounts upto INT 95,000 on the Beat and INR 85,000 on the Enjoy MPV. Ford Motors is offering the Figo with exchange bonus of INR 20,000, free insurance of INR 29,000, and INR 5,000 worth of loyalty bonus taking the total upto INR 54,000. Discounts on the Ford Classic go upto INR 76,000. Mahindra discounts on the Xylo go upto INR 83,000 while on the Quanto discounts to the tune of INR 75,000 are being offered.
Renault India has also announced discounts and benefits on almost all its cars through December while Nissan India is offering discounts on all top selling models such as the Terrano, Sunny and Micra with savings from INR 25,000 to INR 50,000. These high discounts are being offered by auto companies following uncertainty over continuation of excise duty relaxation of 5-6% in 2015.
Even luxury car makers are offering exciting discounts. Mercedes A Class and B Class can save you up to Rs 2 lakhs, BMW X1 comes with benefits of up to Rs 6 lakhs while X3 can save you about Rs 2 lakhs. Audi Q3 and Q5 offers benefits of up to Rs 3 lakhs.
Luxury sedans also are being offered with great discounts. New Mercedes E Class offers benefits of up to Rs 4 lakhs, Audi A4 and A6 offers benefits of up to Rs 6 lakhs, while BMW 3 Series, 5 Series, and 7 Series offers benefits of up to Rs 4 lakhs, Rs 6 lakhs and Rs 10 lakhs respectively.
Readers can get in touch with their nearest dealer in order to get more details on respective car discounts.