Car Discounts Bonanza: Save Up to ₹2 Lakh on Popular Models This Year-End
The festive season may be over, but the auto industry’s exciting discounts and offers are keeping the celebration alive for car buyers. With substantial year-end stockpiles and upcoming model updates, car manufacturers and dealers are offering incredible discounts, exchange bonuses, and corporate benefits.
If you’re dreaming of a new car, now might be the perfect time to drive one home.
The Federation of Auto Dealers Association (FADA) has revealed that dealerships are sitting on a hefty inventory of 75-80 days' worth of stock, valued at approximately ₹75,000 crore. While around 3.3 lakh passenger vehicles were dispatched to dealerships in November, only 1.75 lakh vehicles were retailed in the first 20 days, leaving a significant backlog.
Puneet Gupta of S&P Global Mobility explains, “Year-end discounts are a common strategy to clear old stock, but this year, with unusually high inventory levels, dealers are offering aggressive price cuts to attract buyers.”
At Arena showrooms, discounts range between ₹20,000 to ₹50,000 on popular models like Alto K10, WagonR, Swift, and S-Presso. Buyers can also enjoy exchange bonuses of ₹15,000 and corporate discounts up to ₹2,300.
At Nexa showrooms, cars like the Ignis, Baleno, and Fronx come with discounts between ₹35,000 to ₹50,000. Larger models, including the Grand Vitara and Jimny SUV, feature savings up to ₹1.95 lakh, with additional bonuses for rural buyers and corporates.
Hyundai is also making waves with offers:
Grand i10 Nios: ₹35,000 to ₹45,000
i20: ₹20,000 to ₹45,000
Verna: Up to ₹70,000
Ioniq 5 e-SUV: Discounts up to ₹2 lakh
Tata’s offers include cash discounts of ₹25,000 on the Altroz and ₹20,000 on the Punch (ICE version). Electric models are also part of the promotion, alongside reduced starting prices for Tiago, Tigor, and Nexon ICE variants.
Mahindra brings substantial savings:
Bolero Neo: ₹70,000 off
Scorpio N: ₹50,000 off
Thar 4×4: ₹1.25 lakh off
XUV400 Electric: ₹3 lakh off
With the wedding season and strong promotional campaigns in full swing, the automotive market remains vibrant. However, many customers are waiting for further price reductions, anticipating even bigger offers as the year-end approaches.
For those planning to upgrade or buy their first car, this discount bonanza is an opportunity not to be missed.
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