Toyota Yaris AT now selling at almost the same price as the Hyundai Elite i20!

Toyota launched the Yaris in May last year and it was the first car by the Japanese auto giant in the C segment sedan territory. The initial response for the sedan was good given the Toyota badge and premium features. However, sales slumped shortly afterwards, so much so that the company sold only 343 units of the car in January 2019 and 389 units in December 2018. To rekindle the interest of buyers in the car, Toyota has been offering big discounts on the car for some time. Now, Toyota is dishing out the Yaris with massive discounts of up to Rs. 1.34 lakh. This makes it comparable in pricing to cars like the Hyundai Elite i20 and cheaper than the Volkswagen Polo GT TSI.

To let you know, Hyundai Elite i20’s top-end petrol automatic variant, the Asta 1.2 (O) CVT, is priced at Rs. 10.39 lakh (on-road, Delhi). The Yaris J CVT is priced at Rs. 11.34 lakh (on-road, Delhi), which comes down to Rs. 10.52 lakh with a discount of Rs. 82,000 applied.  Comparatively, the Volkswagen Polo GT TSI is priced at Rs. 10.89 lakh (on-road, Delhi). This translates into Toyota Yaris J CVT being about Rs. 37,000 cheaper than the Polo GT TSI and just Rs. 13,000 pricier than the Hyundai Elite i20 in on-road prices.

The discount scheme being offered on the Yaris has the following breakup – For the Yaris J CVT, there is a discount of Rs 42,000 upon financing the car along with an additional Rs. 20,000 as exchange bonus. Apart from this, there is a corporate discount worth Rs. 20,000 also on offer, taking the total discount sum to Rs. 82,000. A bigger Rs. 1.34 lakh discount is being given away on the Yaris V variant. The discount scheme here includes Rs. 84,000 benefit upon financing the car along with Rs. 20,000 as exchange bonus and an extra Rs. 30,000 as a corporate discount.

The best selling premium hatchback of the country, Maruti Suzuki Baleno, attracts a price of Rs. 9.77 lakh (on-road, Delhi) for the top end automatic variant. This makes it about Rs. 73,000 cheaper than the Yaris J CVT. However, one thing to note here is that since the Yaris also has big discounts on financing options, the monthly payment difference between the Baleno top-end auto variant and the Yaris J CVT will turn out to be just around Rs. 2,000 upon buying on loan. In addition, you will get a much more premium car that is better than the Baleno in every aspect.

For those thinking that the Yaris J CVT is the base automatic model, here is the catch. Toyota has equipped the car generously and even the base model of the car comes equipped with 7 airbags and ABS+EBD. Apart from this, the Yaris J CVT comes equipped with features like projector headlamps with DRLs, height adjustable driver seat, cooled glove box, electrically adjustable ORVMs among many others.

Talking about the Toyota Yaris J CVT, it gets powered by a 1.5-litre petrol motor that churns out a good 106 Bhp of power along with 104 Nm of torque. Transmission duties are taken care of by a 7-speed CVT automatic transmission that is a pretty slick unit. Even the engine is very smooth when driven in a relaxed manner although the mid-range could have been better. As for the interiors and features, the car is pretty well equipped for its price and is quite spacious too, with comfortable seating for 5 adults. In the end, Toyota has offered a pretty solid deal on the Yaris this time around and if you are in the market for a premium hatchback, you should definitely take a look into this offer.