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Carmakers line up year-end discounts to lure buyers

As the year rolls around to a close, carmakers, like every year, have come out with a slew of mouth-watering discounts in a bid to clear their year-end inventory.

December 17, 2014 / 09:28 AM IST

Moneycontrol Bureau


As the year rolls around to a close, carmakers, like every year, have come out with a slew of mouth-watering discounts in a bid to clear their year-end inventory. So, if you can look past the minor slight of purchasing a new car that could technically become a year old soon, there are plenty of cars – many of them hotsellers – up for grabs.


As also, the government’s excise sop is likely to come to an end in December. Former FM P Chidambaram had slashed excise duty for cars by 2 to 6 percent in the interim Budget till June, to support the then struggling car industry and the incumbent FM, Arun Jaitley, extended it till December.


Interestingly, in a complete role reversal from a few years, the fall in fuel prices and the narrowing of discount between petrol and diesel have resulted in cars running on the latter seeing the most discount, in an indication that they have been the most difficult to push for carmakers.


In this compilation culled from company and auto news websites, print ads and recent media articles, here are the discounts that car companies have been offering to their customers, model-wise. Note that the discounts include exchange bonuses, loyalty, free insurance, cash discounts and corporate discounts, wherever applicable, and may vary city to city.

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Maruti
Swift: Up to Rs 30,000 (diesel)
Dzire: Up to Rs 45,000 (diesel)
Ritz: Up to Rs 75,000 (diesel)



Hyundai
Santro: Up to Rs 38,500
Eon: Up to Rs 43,000
i10: Up to 42,500
Grand i10: Up to Rs 14,000 (petrol); Up to Rs 44,000 (diesel)
Xcent: Up to Rs 15,000; Up to Rs 48,000
Verna: Up to Rs 43,000; Up to Rs 69,000
Elantra: Up to Rs 70,000
Sonata: Up to Rs 160,000



Mahindra
Qaunto: Up to Rs 90,000
Xylo: Up to Rs 83,000
XUV 500: Up to Rs 55,000
New Scorpio: Up to Rs 10,000
Verito/Vibe: Up to Rs 60,000



Tata
Nano: Up to Rs 60,000
Indica EV2, Vista, Indigo ECS, Manza: Up to Rs 55,000
Safari Storme: Up to Rs 96,000



Toyota
Etios: Up to Rs 35,000
Etios Cross: Up to Rs 40,000
Corolla/Innova: Up to Rs 35,000



Chevrolet
Sail sedan: Up to Rs 55,000
Beat: Up to Rs 1 lakh
Sail hatchback: Up to Rs 53,000
Spark: Up to Rs 68,000
Cruze: Up to Rs 60,000
Enjoy: Up to Rs 85,000
Tavera: Up to Rs 55,000



Ford
Figo: Up to Rs 77,000
Classic: Up to 75,000
Fiesta: Up to Rs 54,000
Endeavour: Up to Rs 1.5 lakh



Fiat
Punto: Up to Rs 25,000
Linea: Up to Rs 1.5 lakh (post-facelift); Rs 2 lakh (pre-facelift)



Renault
Pulse: Up to Rs 97,000 (diesel)
Scala: Up to Rs 88,000 (diesel)



Nissan
Datsun Go: Up to Rs 10,000
Micra: Up to Rs 25,000
Sunny: Up to Rs 30,000 (post facelift); Up to Rs 1 lakh (pre-facelift)
Terrano: Up to Rs 50,000



Volkswagen
Polo: Up to Rs 18,000
Vento: Up to Rs 30,000
Jetta: Up to Rs 80,000


Skoda
Zero EMI in 2015

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