Maruti Suzuki to Hyundai – car makers offer huge year-end discounts to push sales

• Car makers have announced several year-end offers to attract customers as 2023 comes to an end.
• Maruti Suzuki, Hyundai, Volkswagen and others are among the companies that have announced discounts.
• In this post we look at some of the best year end offers announced by car companies.

The year 2023 is about to end and car makers have started offering their annual year-end discounts to offload their existing stock and gear up for 2024. Companies like Maruti Suzuki, Hyundai, Mahindra, Volkswagen and others have announced attractive discounts and exchange offers on their cars.

The discounts and the upcoming price hike in January, make it a great time to purchase a car right now if you are in the market for one. You can read this story to understand whether you should purchase a car in December or not.

As per dealer checks, let’s look at the discounts on cars being offered by different companies –

Maruti Suzuki

Maruti Suzuki, India’s biggest automaker has announced offers across several cars, including the Jimny, Fronx, Grand Vitara and more.

Jimny has received the highest discount from the company. The five-door Jimny is being offered with a discount of up to ₹2.21 lakh, less than a year after its launch. The company has introduced a special Thunder edition of the car, which is available at a discounted price.

Apart from this, the Fronx SUV has also received an ₹25,000 offer – a ₹15,000 cash discount and ₹10,000 worth of exchange bonus.

Baleno, the company’s popular hatchback has received a cash discount of ₹30,000 and an exchange bonus of ₹10,000.

The Grand Vitara gets the same cash discount of ₹15,000 as the Fronx, but the exchange bonus has been bumped up to ₹15,000.

The more affordable Ignis has received a huge cash discount of ₹40,000 and an additional exchange bonus of ₹15,000.

Hyundai

South Korean automaker Hyundai has also announced year-end offers for its cars.

The company’s affordable Grand i10 Nios is available with benefits of up to ₹45,000 – including a cash discount of up to ₹35,000 and an exchange bonus of up to ₹10,000.

The popular i20 and i20 N-Line hatchbacks have received a discount of up to ₹50,000. The Sportz variant of the car has received a discount of ₹35,000.

The older i20 N-Line variant is being offered with a cash discount of ₹50,000.

If you are looking for a premium option, the Tucson SUV is being offered with a cash discount of ₹1.5 lakh for the diesel variant.

Mahindra

Indian carmaker Mahindra has also announced attractive discounts on its line-up.

The Mahindra XUV400, the company’s electric offering has received a huge discount of up to ₹4.2 lakh. It is to be noted that the variants with ESC have received a discount of up to ₹3.2 lakh and cars without ESC will get a higher discount of up to ₹4.2 lakh.

The Mahindra XUV300 on the other hand has been discounted by up to ₹1.78 lakh for the top-end variant.

Volkswagen

The Volkswagen Tiguan, the company’s premium offering has received a discount of up to ₹4.2 lakh, which includes a cash discount, exchange bonus, service packs and more.

The Virtus sedan on the other hand is being offered with benefits of up to ₹1.17 lakh, which includes a cash discount of ₹50,000, exchange bonus of ₹20,000, a corporate discount of ₹17,000 and other special benefits worth ₹30,000.

Tata Motors

While Tata Motors has announced year-end offers yet, some of the company’s cars such as the older Nexon, the Altroz and certain variants of the Punch SUV are being offered with some cash discounts.

SEE ALSO:

Car prices set to rise in January – Should you buy one in December?

Electric two-wheeler sales rise in Nov as Ola Electric scales a new high

India’s PC market shipments surge in Q3 amidst import restrictions talks