With the proposal to increase the taxes levied on new cars in place, it’s almost impossible to stop the prices from being substantially hiked. However, one look at Team-BHP and MyCarHelpline each and you’ll notice that cars, even the best-selling ones, are being offered with huge discounts. Of course, negotiating with the dealer is going to fetch you more (and sometimes even twice or more) than the advertised discounts. We look at what the current market leaders are being sold at. All prices are ex-showroom, Delhi.
Maruti Suzuki Alto
Even with an increased competition from cars like the Kwid, the Alto still maintains its leadership. Coming to the discounts, the website suggests there’s Rs 35k and upto Rs 22k off on the Alto 800 and the K10 respectively. The exchange bonuses for the former is up to Rs 20k while for the K10, it’s Rs 15,000.
While it’s certainly good enough to drive in and around the city, thanks to light controls and peppy engines (both the 800 and the K10), with a good amount of discount being offered, you can even buy one instead of a quarter-liter sportsbike.
Maruti Suzuki Wagon-R
The only real tallboy on sale in India, the Wagon-R is also offered with massive discounts. There is a flat Rs 20k cash discount on the petrol version, while the AMT-equipped (launched late last year) version has Rs 25k off on the price. There’s an addition Rs 25k of exchange bonus on the Wagon-R.
Powered by a 1-liter engine, the Wagon R is, even after so many years, a great car in the city, with good space inside and an airy cabin.
Maruti Suzuki Swift
While the Baleno and the Hyundai Elite i20 might be giving the Swift a tough fight, the car is still selling the most units every month. In terms of discounts, there’s a rather regular Rs 5,000 off on the petrol version but a large Rs 17,000 cash discount on the diesel versions. The exchange bonuses vary between Rs 10k for the petrol versions and up to Rs 25k for the diesel variants of the hatchback.
Maruti Suzuki Dzire
The compact sedan market is ruled by the Dzire, given that it manages about 20,000 units every month. There’s a flat Rs 5,000 cash discount on the Dzire petrol, and up to Rs 15k on the diesel versions. In addition, exchange bonuses of Rs 20,000 on the petrol versions and up to Rs 25,000 on the diesel ones are also present.
The AMT version (available on the diesel) doesn’t get a cash discount, though.
Honda City (MY 2015)
While Honda is not offering anything on the MY2016 version of the City, expect about Rs 1 lakh off on old stocks (MY2015). With that, the City proves to be a much better value for money proposition.
But most of these discounts are for the current stocks.In addition, there are things like free insurance, accessories, and corporate/government servant discounts, etc. that can be bagged.
If you do your homework (calling/visiting and negotiating with multiple dealers) then you can get more discounts on the MY2015 cars. Most of them haven’t undergone a change, so it’s completely fine if you get a car from the previous year. And also the carmakers that are offering discounts on the current MY2016 versions are likely to offer bigger discounts.
For instance, the 2015 stock is being cleared with discounts ranging from about Rs 75,000 on the top-spec Polo, Rs 70,000 on the mid-spec Honda City petrol, to about Rs 1.25 lakh on the Figo Aspire, as pointed out by a few forum members on Team-BHP. It must be noted that these are individual cases, and there are times when the dealers want to get rid of display cars as well.