Hyundai, Honda, Maruti Suzuki, Mahindra and Volkswagen in the sub-7 lakh segment are offering attractive discounts in August.
First-time buyers constitute the most significant contributors to auto sales in India.
First-time car buyers make the Indian car market as one among the fastest-growing markets today. It is because they prefer to buy new cars rather than second-hand ones. Thus, the auto manufacturers have a challenging task to attract these buyers, especially during tough times. One solution is to offer exciting discounts on the sub-4 metre vehicles.
Hyundai Motors has launched the new Hyundai Grand i10 NIOS a couple of days back. Hence, it is offering attractive discounts up to Rs 60,000 on its existing fleet of Hyundai Grand i10. The Hyundai Xcent gets the same benefit, as well.
As Maruti Suzuki India has announced the discontinuing of diesel vehicles post-April 2020, there has been a slump in the sales. Hence, Maruti Suzuki is offering cash discounts up to Rs 42,000 on the diesel variant of Maruti Suzuki Dzire. An alternative is available in the combination of a cash discount of Rs 25,000 and 5-year warranty.
The Maruti Suzuki Swift gets a corresponding discount of Rs 35,750 or Rs 20,000 discount with a 5-year warranty. The Maruti Celerio CNG version will cost less by Rs 34,000. Similarly, the Maruti Alto K10 AMT gets discounts up to Rs 30,000.
Honda Amaze is the ideal competitor to the Maruti Suzuki sedans. Honda is offering rebates up to Rs 28,000 on the Honda Amaze. This offer includes a 3-year Honda Care prepaid maintenance option plus a 5-year warranty.
In spite of being a micro-SUV, Mahindra KUV100 competes with hatchback cars. Mahindra KUV100 gets discounts up to Rs 40,000 in the form of a cash discount of Rs 35,000 plus accessories worth Rs 5,000.