Yes, it’s raining discounts! This month, we have as many as 12 mass-market cars that are available with discounts of at least Rs 1 lakh. These discounts are being offered through various schemes, including monsoon offers, exchange bonus, and free insurance. A large part of these offers, however, come in the form of cash discounts. Hence, it’s a pretty good time for new car buyers. Here are the 12 cars with more than Rs 1 lakh discount.
Renault Captur – Rs 2 lakh
There’s a straight cash discount of Rs 2 lakh on the Renault Captur. It may be noted here that the sales performance of the Captur has been pretty dismal all this while. Hence, the manufacturer has finally started offering huge discounts to lure SUV/crossover buyers. Thanks to a neat discount of as much as Rs 2 lakh, the Captur now comes across as a much better value-for-money proposition.
Honda CR-V – Rs 1.5 lakh
The current Honda CR-V is on its way out and will be replaced with an all-new model by the end of this year. Moreover, the CR-V has never really set the sales charts on fire. No surprise, then, that, Honda Cars India Ltd is currently offering a minimum discount of Rs 1.5 lakh on the CR-V. Other than this cash discount, you can also expect some more sweeteners from the authorized dealer.
Honda BR-V – Rs 1.26 lakh
The Honda BR-V is available with benefits worth Rs 1.26 lakh. These include an exchange bonus of Rs 50,000. Additionally, you also get free 1st-year insurance worth more than Rs 50,000. You also get free accessories worth Rs 26,000.
Maruti Suzuki Ciaz – Rs 1.2 lakh
The current Maruti Suzuki Ciaz is about to get a facelift. The company is currently offering some great offers to clear the existing stock. The petrol variants get a cash discount of Rs 40,000 while the diesel models get a discount of Rs 70,000. Furthermore, there’s an exchange bonus of Rs 50,000. You can also get some corporate discounts.
Volkswagen Vento – Rs 1.15 lakh
The Volkswagen Vento hasn’t been doing too well on the sales charts. Hence, its manufacturer is offering some lucrative discounts to lure the sedan buyers. All variants, except for the Comfortline diesel and the Highline petrol, get a straight cash discount of Rs 60,000, an exchange bonus of Rs 40,000, and a corporate discount of Rs 15,000. This takes the total savings to Rs 1.15 lakh.
Tata Hexa – Rs 1 lakh
The flagship SUV from Tata Motors is a well-sorted SUV that offers a comfortable cabin, powerful engines, and sufficient off-roading capabilities. However, it has almost totally failed to leave a dent in the sales of the Mahindra XUV500. Most dealerships are offering Hexa with cash discounts and other benefits of up to Rs 1 lakh.
Ford Aspire – Rs 1 lakh
The current Aspire is on its way out and will be soon replaced with a facelift. No surprise, then, that Ford dealers are offering discounts of up to Rs 1 lakh on this compact sedan.
Ford Figo – Rs 1 lakh
Even the current Figo will be replaced with an updated version in the near future. Also, sales of the Figo have suffered since the introduction of the Freestyle CUV. Hence, the dealerships have been trying to clear the inventory by offering discounts of up to Rs 1 lakh on the current model.
Skoda Superb – Rs 1 lakh
The Skoda Superb is available with offers amounting to more than Rs 1 lakh. You get free 1st-year insurance, which costs roughly Rs 75,000. Moreover, you get a corporate discount of Rs 15,000 and a 4 year service package at a discounted rate. This takes the total savings to more than Rs. 1 lakh.
Honda Jazz – Rs 1 lakh
Another Honda car that is available with attractive discount offers is the Jazz hatchback. The Honda Jazz will be replaced with a facelift later this month. Hence, the dealerships are offering attractive discounts to clear the existing inventory. You get offers worth Rs 1 lakh, which include cash discounts, free accessories, and an exchange bonus.
Hyundai Grand i10 – Rs 1 lakh
Hyundai Motor India Ltd (HMIL) is offering huge discounts on the Grand i10 to revitalize its sales performance. These discounts are being offered through various offers like corporate discounts, exchange bonus, and cash discounts.
Hyundai Xcent – Rs 1 lakh
Another Hyundai that’s on sale with huge discounts is the Xcent compact sedan. The Xcent has been facing a lot of heat since the advent of the latest Maruti Suzuki Dzire and the all-new Honda Amaze. Hence, Hyundai is offering attractive discounts to lure compact sedan buyers. You save more than a lakh rupees through the cash discount, exchange bonus, and corporate discount that’s being offered.