Car prices have been rising for most of this year, and almost every major manufacturer has announced at least one price increase to date. With soaring input costs and rising interest rates on loans, buying a new vehicle can now be more expensive than in the past and as such offers and schemes are on numerous popular models such as Maruti Suzuki Swift, Nissan Kicks, Hyundai Alcazar and even some luxuries. models like the BMW 3 Series and 5 Series can convince potential customers to close the deal without breaking the bank.
Here are some of the best offers, discounts and schemes currently available on select models in the Indian car market:
Maruti Suzuki Alto 800:
Needing no introduction, the Alto 800 has been one of India’s most affordable – and most popular – models for years. A common sight on Indian roads, its reliable handling and robust resale value make it a good idea for those on a budget.
The Alto 800 starts around 3.40 lakh (ex showroom) and currently enjoy benefits such as discount up to 5,000, exchange bonus up to 10,000 and special institutional sale offer worth up to 3,000.
Maruti Suzuki S-Presso:
The S-Presso is touted as a micro SUV and has sold in good numbers for Maruti Suzuki. One of the company’s newer products, it was first launched in September 2019 and sold 75,000 units in just its first year.
Under the hood is a 1.0-litre three-cylinder petrol engine mated to a manual gearbox. It also gets several useful features such as a multi-information display, dual airbags, ABS with EBD, among others.
At the moment, the S-Presso benefits from a consumer offer up to 5,000, excluding an exchange bonus of up to 10,000 and special institutional sale offer worth up to 3,000.
Maruti Suzuki Wagon R:
The WagonR is the undisputed champion among Indian cars and has repeatedly found itself at the very top of the sales charts. Widely praised for its reliable credentials, the car’s greatest strength is its long design and spacious cabin. Maruti’s decision to also offer an ASG gearbox has helped the vehicle immensely.
The Maruti Suzuki WagonR has a consumer range of up to 25,000 currently. There is an exchange bonus of 10,000 and a special institutional sale offer worth up to 3,000.
Maruti Suzuki Swift:
Another power player from the Maruti camp, Swift is a hot hatch who refuses to bow to newer rivals. Far from bowing, the car remains one of the best-selling vehicles in the country.
Swift has a 1197cc engine at its core and gets both manual and automatic transmissions. At the moment there is a consumer offer of up to 8,000, an exchange bonus up to 10,000 and a special sale offer up to 25,000.
Kicks may never have sold in impressive numbers, but it continues to find a place in Nissan’s India product portfolio. While the SUV has faced some very, very formidable rivals, Kicks can be a great buy with the right deals.
The Nissan SUV gets a cash advantage of somewhere in between 19,000 to 45,000. There is also an online booking bonus with an amount varying between 2,000 and 5,000.
The Alcazar was launched with much fanfare in June 2021, but sales were not as impressive as Hyundai had expected. Essentially a three-row version of Creta, the Alcazar offers plenty of cabin space, loads of features and comes with both petrol and diesel engine options. The vehicle has a six- and seven-seat interior layout and is offered with both manual and automatic transmission choices.
Right now, a potential buyer can look forward to financing down the road at up to 100 percent, plus a low interest rate starting at 7.25 percent.
BMW 3 Series Gran Limousine:
The BMW 3 Series Gran Limousine is, as the name suggests, a more premium version of the rather popular 3 Series. While BMW vehicles are known for being a driver’s delight, the 3 Series Gran Limousine also prioritizes rear seat passengers.
Under the hood is a 1995 cc diesel engine and a 1,998 cc petrol engine.
The sedan is offered with an all-inclusive monthly drive-away price of 69,999 including insurance and registration fees. This also includes service and repair costs, and there is a guaranteed redemption of up to 56 percent of the initial value. Companies can look forward to additional benefits.
BMW 5 Series:
Want even more space and persona? Then upgrade to the BMW 5 Series, a segment above the BMW 3 Series.
More power, comfort and features, the BMW 5 Series is selling in good numbers and is currently offered with an all-inclusive monthly road trip price of 89,999. This also includes service and repair costs, and there is a guaranteed redemption of up to 58 percent of the initial value. Companies can look forward to additional benefits.
(Note: The above discount and offer details are for reference only and may vary from place to place and dealer to dealer. The data is for reference/informational purposes only.)
Date of first publication: May 29, 2022, 11:29 AM IST