Festive Season 2016: Discounts And Offers On Cars
Highlights
- Manufacturers are offering everything from discounts to exchange bonuses
- Honda is offering free first year insurance on the Amaze and City cars
- 0% interest rate on the VW Polo and Vento; early deliveries of the Tiago
It's that time of the year many Indian families look forward to. The festival of lights rings in the festival of discounts too! Most of the car manufacturers in India bring in new cars or offer special editions or a ton of discounts at this time. We've put together the offers in the market to make it easier for you to pick and choose - if you too are car shopping this Diwali!
Maruti Suzuki
Maruti Suzuki Alto 800
One of the biggest car manufacturer in the country is offering discounts and exchange bonuses on many of its models and these include the Swift, DZire, Ciaz, Ertiga and the S-Cross. Offers include everything from cash discount up to Rs. 45,000 on select models in Mumbai to exchange bonuses of up to Rs. 50,000. Sadly there are no offers currently on either the Baleno or the Vitara Brezza.
Model | Offer |
Maruti Suzuki Swift | Cash Discount of upto Rs. 21000 + exchange Bonus Rs. 22000 |
Maruti Suzuki Swift DZire | Cash Discount of upto Rs. 25000 + exchange Bonus upto Rs. 30000 |
Maruti Suzuki Ciaz | Petrol: Rs 15,000 cash discount + exchange bonus of up to Rs 50,000. Diesel: Exchange bonus of up to Rs 30,000 |
Maruti Suzuki Ertiga | Exchange Bonus Rs. 25000+Cash Discount Rs. 15000 |
Maruti Suzuki Alto K10 | MT: Discount of Rs 25,000 + Exchange bonus of Rs 22,000 AMT: Discount of Rs 35,000 + Exchange bonus of Rs 22,000 |
Maruti Suzuki Celerio | MT: Discount of Rs 25,000 + Exchange bonus of Rs 22,000 AMT: Discount of Rs 30,000 + Exchange bonus of Rs 22,000 Diesel: Discount of Rs 45,000 + Exchange bonus of Rs 22,000 |
Nissan
Nissan Terrano
If you thought Nissan has been quiet all year, well, it's certainly making a lot of noise with the discounts on offer this festive season. The company is all set to bring in two new cars in the Indian market, one being the GT-R and the other the X-Trail Hybrid, but the focus of the discount offers will be on the Micra, Sunny and Terrano. While the company is offering free no-depreciation insurance for the first year, there are some enticing exchange bonuses on offer too. While exchange bonuses might differ from city to city, Nissan is giving out cricket merchandise to those buying its cars across the country.
Model | Offer |
Nissan Micra Active | 1st Year Insurance + Rs 25,000 Exchange Bonus |
Nissan Micra |
1st Year Insurance + Upto Rs 60,000 Exchange Bonus |
Nissan Sunny | 1st Year Insurance + Rs 45000 Exchange Bonus |
Nissan Terano MT | Rs 1 Lakh Package Offer of 1st Year Insurance + Rs 55,000 Exchange Bonus |
Additional Offer | 8.99% Finance from NRFSI (Nissan Renault Financial Services) + Corporate Discount + Assured Scratch and Win Offer with Gifts ranging to Accessories, Laptop TV, DSLR Camera in select Mumbai and Delhi Dealerships |
Datsun India
Datsun GO+
The Datsun brand already has 3 cars in its product line-up for India and there are more coming but the festive season sees the company offering a lower interest rate on its car. While there are a few dealerships in Delhi and Mumbai offering exchange bonuses, most of the offers on its cars include an assured gift, 1st year Insurance and lower interest rates on finance.
Model | Offer |
Datsun redi-GO | Assured Gift + Low Interest Rate |
Datsun redi-GO, GO Plus |
1st Year Insurance + Low Interest Rate + Rs. 25,0000 Exchange Bonus |
Hyundai
2016 Hyundai Elantra
Hyundai continues to have a wonderful year with its compact SUVs raking in the moolah but the hatchback segment too as grown and this festive season will see a whole bunch of offers on cars right from the Eon, Grand i10, i10 and even the Santa Fe. While there are cash discounts being handed out, Hyundai is also providing insurance for the first year for free and even extended warranty schemes apart from exchange bonuses upto Rs. 25000. Sadly there are no discounts on offer on the Creta or the newly launched Elantra.
Model | Offer |
Hyundai Eon | Benefits on offer worth Rs. 20,000 |
Hyundai i10 | Discounts worth Rs. 62,500 |
Hyundai Grand i10 | Benefits on petrol model worth Rs. 83,000 and Diesel model Rs. 91,000 |
Hyundai Xcent | Benefits of upto Rs. 57,000 on both petrol and diesel variants |
Hyundai i20 | Rs. 20,000 off on Diesel models + Rs. 15,0000 Exchange Bonus + Free 1st Year Insurance |
Hyundai Verna | Benefits of Rs. 80,000 available on both petrol and diesel variants |
Hyundai Santa Fe | The company is offered benefits worth Rs. 1.50 lakh |
Also Assured Gift | Cricket Kit and Merchandise on Offer |
Renault
Renault Kwid 1.0
Renault has been upping the ante in both the compact SUV segment and the small car segment. With the new Duster and the new engine in the Kwid, Renault is turning the tables on some of the oldest car manufacturers in India. the company's 'Ae Dil Hai Mushkil' offer too gives a good amount of discount this festive season by providing benefits of more than Rs. 80,000 on all Renault cars.
Model | Offer |
Renault Duster | Gift Cheque Rs. 40,000 |
Renault Lodgy | Gift Cheque Rs. 40,000 |
BMW (Pan INDIA)
BMW 3 Series
During the festive season offer, customers can get their vehicle financed by BMW Financial Services India at a low rate of interest at 7.9 per cent. The offer is valid irrespective of the loan amount, tenure or payment plan. With up to 40 per cent lower EMIs, this proposition becomes all the more appealing. Complimentary BMW Service Inclusive Plus and BMW Repair Inclusive that are valid for up to 3 years / 40,000 kilometers will ensure a completely hassle-free ownership experience. In addition, complimentary zero depreciation insurance for the first year and an assured buy-back for the car. Depending on the contract period (between 2-4 years), they can get a guaranteed value of upto 65 per cent as part of the buy-back offer. The Festive Offer is valid on the BMW 3 Series, the BMW 5 Series and the BMW X3 till 31 October 2016.
Honda
Honda Jazz
Honda has made its intentions clear that it wants to consolidate its position in the Indian car market which is why we see them entering new segments with cars like the BR-V and updating the older models with facelifts of the Amaze and Brio. While updating products is one way of attracting customers, Honda has come up with offers to make things even more interesting. Honda is providing exchange benefits in various metros in India to the extent of Rs. 10000, there are heavy discounts on the Mobilio up to Rs. 2 lakh. There are some good offers on the BR-V as well, which make things even more interesting. But the big win has to be the fest where car owners can register for Honda Fest which gives lucky few winning couples an all expenses paid trip to Norway.
Model | Offer |
Honda Amaze S,V, Vx Petrol, Diesel | 1st Year Insurance + Rs. 10,000 Exchange Bonus |
Honda Jazz E, S, SV, Vx Diesel | Rs. 25,000 Cash Discount + Rs. 10,000 Exchange Bonus |
Honda Jazz V | Rs. 10,000 Exchange Benefit in (Petrol) / Rs. 40,000 Cash Discount (Diesel) |
2015 Honda Mobilio | Discount of Rs. 1.2 lakh (Petrol) / Rs. 2 lakh (Diesel) |
Honda City SV MT, V MT, Vx MT | 1st Year Free Insurance (Petrol, Diesel) + Rs. 15,000 Exchange Bonus (Diesel) |
Honda City Automatic | Rs. 15,000 Cash Discount |
Honda BR-V S, V Vx Petrol & Diesel | Rs. 10,000 Cash Discount + Rs. 25,000 Exchange Bonus |
Tata Motors
Tata Tiago
Tata Motors has hit the nail on the head with the Tiago and the company has been raking in orders for the small car. The Bolt and Zest too are doing well in their segments and the company is making some irresistible offers on its cars. The company is offering cash bonuses of up to Rs. 50,000 and well even good exchange offers.
Model | Offer |
Tata Tiago | No offer but company promises early delivery of the car |
Tata Bolt | 1st Year Insurance + Rs. 30,000 Exchange Bonus + Rs. 15,000 Cash Discount |
Tata Zest | 1st Year Insurance + Rs. 25,000 Exchange Bonus + Rs. 17,000 Cash Discount on Select Variants |
Tata Safari Storme | 1st Year Insurance + Rs. 50,000 Exchange Bonus |
Toyota
Toyota Etios Liva Facelift
Toyota has been riding high on the success of the new Innova Crysta and though there are no discount schemes on the car, the rest of the line-up does see benefits going up to Rs. 50,000. In fact the company is all set to set the stage on fire with the new Fortuner this November and we can't wait to find out more about the car, but the arrival of the new one means there'll be massive discounts on offer on the old one.
Model | Offer |
Toyota New Liva, Etios Platinum | Rs. 10,000 Benefits for Government Employee |
Toyota Corolla Altis | Rs. 50,000 Benefits Including Exchange Bonus |
Toyota Fortuner | Dealer End Discount Benefits Up to Rs. 50,000 |
Toyota Innova Crysta | No Discounts on Offer |
Audi
Audi Q3 Dynamic Edition
Audi has introduced a whole bunch of cars in India this year but the biggest change has been the introduction of the all-new A4. The company has some good deals on offer on all its cars including the new-gen A4. In fact, the company recently launched a special edition of the Q3 to make things even more interesting.
Offers |
Exchange bonus Rs. 1 lakh on All Cars |
Down Payment Rs. 5.99 Lakh |
Interest Rate: 5.99 per cent |
3 years extended warranty |
Mahindra
Mahindra KUV100
It's been a steady start for Mahindra this year and it hasn't been able to capitalize on the small car segment with the KUV100, but this year the festive season might change all that as the offers presented include a healthy cash discount and even good exchange bonuses. In addition, the company is also giving out a loyalty bonus of Rs. 10,000 which in turn rounds up the savings to close to Rs. 50,000.
Model | Offers |
Mahindra KUV100 | 50% on 1st Year Insurance on the petrol variant. 1st Year Insurance free of diesel model + Rs. 10,000 cash discount + Exchange Bonus of Rs. 25,000 |
Mahindra NuvoSport | Cash discount Rs. 35,000 + Exchange bonus of Rs. 25,000 |
Mahindra TUV300 | 5 Year Warranty + Accessories worth Rs. 10,000 + Exchange bonus of Rs. 25,000 + Loyalty bonus of Rs. 10,000 |
Mahindra XUV500 | Cash discount of upto Rs. 40,000 + Exchange bonus of Rs. 15,000 |
Ford
Ford EcoSport Signature Edition
It's been a hectic year for Ford as the competition has seen a rise. The company has managed to realign its strategy, not to mention pricing of its cars. The Figo Aspire has been the star of the sales but the Endeavour and the Figo have also had their fair share of success. The festive season sees Ford add to the benefits. Ford is offering auto finance at 8.4 per cent Interest Rate with 100 per cent On-Road Finance offer.
Model | Offers |
Ford Figo Aspire | Free 1st Year Insurance + Rs. 25,000 Exchange Bonus (on Ford Cars) / Rs. 18,000 Exchange Bonus (on other makes) |
Volkswagen
Volkswagen Polo
It's been a big year for the German car maker and the Ameo has made its mark in India. VW offers it all with the sub-compact car and well, with the diesel even more so, all this at a competitive price. As always Volkswagen is running the Volksfest from October 1, 2016 to October 31 and are providing dome good offers on its cars.
Model | Offers |
Volkswagen Polo | 0% Interest Rate for 3 years from VW Finance or Cash Discount of Rs. 35,000 |
Volkswagen Vento | 0% Interest Rate for 3 years from VW Finance or Cash Discount of Rs. 50,000 |
Last Updated on September 28, 2023