Chevrolet dropped a bombshell two weeks ago when they revealed that they will be exiting the Indian market for good by the end of 2017. While this move was being speculated for a while now, the company has existing stock of vehicles that it needs to liquidate. Massive discounts are being offered on their existing range of vehicles.
But what is this deal all about?
Gaadiwaadi is reporting that dealers are offering a discount of more than Rs 4 lakhs on the Cruze, which is the company’s premium sedan. The Cruze is available in both automatic and manual guise and can only be had in the top of the line LTZ trim. The Cruze LTZ Manual was priced at Rs 14.95 lakhs where as the LTZ Automatic was priced at Rs 15.95 lakhs previously. Earlier in the year, the company dropped Rs 1 lakh on the pricing of the manual variant, selling it for Rs 13.99 lakhs.
Today, you can walk into a showroom and get a Cruze for the ex-showroom price of Rs 9.99 lakh for the MT and Rs 10.99 lakh for the AT, which is a good deal. This essentially means, for the full price (Rs 13.99 lakhs) of the Cruze, you can now get a Cruze as well as the Chevrolet Beat, which is the company’s smallest car. The Beat pricing originally started at Rs 3.95 lakh, however it can be now had as low as Rs 2.90 lakh, which makes it huge bargain. Discounts on the Beat are ranging from Rs 85,000 to Rs 1.25 lakh, based on the varant.
The Trailblazer, which is the company’s flagship SUV in India is also seeing a massive price drop. You can now get it for Rs 17 lakhs, which is a steal. This is close to Rs 8 lakhs off on the original price of the vehicle.
Why the discount?
As we mentioned, the company is going to stop its sales operations by the end of 2017, which means that they want to clear the existing inventory of vehicles that they have produced. Given the news the GM is exiting the market, people are now wary about service and parts, which means that not many people are going to end up buying the vehicles at full price. Hence dealers are offering the discount to help clear stock.
What about service?
While the sales part is going to be killed, the company will continue with its after sales at certain key locations, to cater to the existing customer base. The company has also claimed that they will continue to honour the original vehicle warranty and the road side assist that the customers have already paid up for and are entitled to. While this will be the case in bigger cities, buyers in smaller cities may have issues.
Possible problems that could be faced by customers is drop in resale value, non-availability of parts, especially in smaller cities.
The Cruze is powered by a 2.0 liter turbo diesel engine making 164 Bhp and 360 Nm. The engine is mated to either a 6-speed manual or a 6-speed automatic gearbox. There is no petrol engine on offer on the Cruze. The Cruze continues to be among the faster diesel sedans on sale in the segment. For those looking for a fast and fun to drive vehicle, this is certainly a steal.
The Beat on the other hand came with 2 engine options, one petrol and one diesel. The petrol is a 1.2 liter 4-cylinder engine making 79 Bhp and 108 Nm, where as the diesel is a 1.0 liter 3-cylinder engine that produces 57 Bhp and 150 Nm. Both engines were mated to a 5-speed manual gearbox. The Beat petrol is among the only hatchbacks to have a hydraulic power steering, which means feedback is great. The diesel on the other hand is a mile muncher and is not only smooth to drive, but fuel efficient as well.
The Trailblazer was only offered with one engine option, the 2.8 liter unit which produces 197 Bhp and 500 Nm. This can only be had in the 4×2 automatic guise.