Monthly Discounts / Schemes on Indian Cars


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Honda City, Amaze, Civic: Offers up to Rs 1.60 lakh in July 2020


Honda Cars India is among the busiest automakers in July 2020. Having already launched the 2020 Honda WR-V, it is set to introduce the 2020 Honda City and the 2020 Honda Civic diesel in the coming few days. In order to boost the sales of its present products like the fourth-generation Honda City, Honda Amaze and Honda Civic petrol, the company is providing offers up to Rs 1.60 lakh on them this month.

Honda City
The fourth-generation Honda City will be sold in India alongside the upcoming fifth-generation Honda City (2020 Honda City). The fourth-gen City is equipped with a sole BS6-compliant, 1.5-litre, i-VTEC petrol engine (119PS and 145Nm of torque) that has 5-speed MT and CVT automatic options. It is available in four variants -- SV, V, VX and ZX. Check out the variant-wise offers on the vehicle in July 2020.

Honda City (SV MT/V MT)

- Cash discount up to Rs 15,000

Honda City (V CVT)

- Cash discount up to Rs 31,000

- Exchange bonus worth Rs 20,000

Honda City (VX MT)

- Cash discount up to Rs 55,000

- Exchange bonus worth Rs 35,000

Honda City (VX CVT)

- Cash discount up to Rs 70,000

- Exchange bonus worth Rs 50,000

Honda City (ZX MT)

- Cash discount up to Rs 80,000

- Exchange bonus worth Rs 50,000

Honda City (ZX CVT)

- Cash discount up to Rs 1.10 lakh

- Exchange bonus Rs 50,000

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Tata Motors brings in six-month EMI holiday scheme on select models

Tata Motors on Wednesday said it has introduced financing scheme for Tiago, Nexon, and Altroz under which customers can avail six-month EMI holiday. Under the scheme, customers can now make zero down payment, avail a six-month EMI holiday (only interest needs to be serviced monthly) and access up to 100 per cent on-road funding for a loan tenure of five years, Tata Motors said in a statement.

This offer is being made available through a partnership with Karur Vysya Bank (KVB) to eligible salaried and self-employed persons," it added.

The automaker said it is also offering affordable, step-up EMIs on long-tenure loans of up to eight years through its association with multiple financing partners.

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Benefits of up to Rs 3.05 lakh on Mahindra SUVs in July 2020

Mahindra is offering some big discounts and benefits on its line-up of SUVs in the month of July to help push sales. With dealerships now having resumed operations, the carmaker is offering benefits ranging up to Rs 3.05 lakh on its models, though actual benefits vary based on the model and variant selected. Read on to know how much you could save on your new Mahindra SUV.

Mahindra Alturas G4 - Benefits of up to Rs 3.05 lakh

Mahindra XUV300 - Benefits of up to Rs 65,000

Mahindra KUV100 NXT - Benefits of up to Rs 62,000

Mahindra XUV500 - Benefits of up to Rs 39,000

Mahindra Scorpio - Benefits of up to Rs 30,000

Mahindra Bolero - Benefits of up to Rs 13,500

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Toyota Kirloskar Motor Announces New Finance Schemes For The Month Of July


To boost sales during the ongoing Coronavirus pandemic Bengaluru-based Toyota Kirloskar Motor has announced special finance offers and schemes on its range of cars specifically for the month of July. These special benefits range from buy-back offers on some cars to low EMI schemes on others. The company had last month announced similar options which were valid for the month of June. It says these schemes will help in making buying processes simpler, more accessible and stress-free for customers.

A low EMI scheme of ₹ 9999 is being offered on the Innova Crysta

The new deal includes an assured buy back offer of 55% on the Yaris compact sedan and the Glanza premium hatchback. In addition, the company has also launched a low EMI scheme on the Innova Crysta where the monthly installment amount has been capped at ₹ 9999. EMI deferment of three months has also been announced on cars like the Innova Crysta, Fortuner, Camry Hybrid, Yaris and Glanza

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Renault July 2020 Discounts – Kwid, Triber, Duster And More

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Renault India has the Triber and Kwid as its popular models in the domestic market currently and both of them are offered with discounts in the month of July 2020. The entry-level Kwid hatchback is sold with Rs. 10,000 cash discount, Rs. 15,000 exchange bonus and Rs. 4,000 corporate discount – taking the total to Rs. 29,000.

FireShot Capture 044 - Renault July 2020 Discounts – Kwid, Triber, Duster And More - gaadiwaad...png

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Ford introduces 6 months EMI Skip plan: Low rate of interest, last scheme date explained

Ford India has been rolling out new initiatives for the benefit of its existing customers as well as prospective ones. After announcing that its dealerships are opening in a phased manner, with proper COVID-19 prevention methods in place, the brand is now ready to welcome customers. Those who prefer to book a car from the comfort of home, there is also the option to call the Ford hotline or else logon to the website. Along with all these initiatives, Ford India is also planning to draw in customers with new schemes. The six months EMI Skip plan has been introduced. Customers are being offered a 60-month finance scheme. If one opts for it, he/she is eligible for a six months EMI Skip plan as well. In this plan, a customer will have to start paying his EMIs from the seventh month. If a customer plans to do a pre-payment or foreclosure, they will have to pay extra charges

Moreover, if one were to buy the Ford EcoSport with the aforementioned terms and conditions, 8.99 per cent rate of interest will be applicable. If the customer decides to go for the Ford Aspire, Figo or Freestyle with the same scheme, a higher 9.50 per cent interest will be applied. Customers can also avail a Step-up plan. In this, the customer can choose to start from a lower EMI and slowly increase the payment over time.

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TSIVipul

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Ford introduces 6 months EMI Skip plan: Low rate of interest, last scheme date explained
Weren't Ford dealerships offering a 25k cash discount + free insurance on the Ecosport last month as well as this month too?

A friend has booked the Titanium+ AT, the dealership guys have flooded him with schemes when he went to cancel the same for a new Honda City VX MT.
 
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Mahindra SUV discounts for July 2020: Bolero to Scorpio

Mahindra XUV300 - Currently the BS6 petrol version is being offered with a cash discount of Rs 15,000 (W4), Rs 20,000 (W6 MT), Rs 30,000 (W8 & W8(O)) along with a exchange bonus of Rs 25,000. It also gets accessories worth Rs 5,000 in the petrol variant. The diesel variant on the other hand gets a maximum cash discount of 15,000 on select models along with an exchange bonus worth Rs 25,000.

Mahindra Bolero - exchange bonus worth Rs 10,000.

Mahindra Scorpio - The S5 trim of Scorpio is attracting a cash discount of Rs 20,000, along with accessories worth Rs 10,000 and an exchange bonus worth Rs 25,000. S7, S9, S11 trims of the Scorpio only get an exchange bonus of Rs 25,000.

Mahindra XUV500 - Mahindra is offering maximum discount of Rs 30,000 as exchange bonus on XUV500.

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Maruti NEXA July 2020 discounts: Ignis to Ciaz

Here is the list of cars that are being sold at discount for the month of July 2020.

Maruti Ignis - Currently the Sigma, Delta and Alpha trims attract a cash discount of Rs 20,000 along with exchange bonus worth Rs 15,000 and corporate discount of Rs 5,000. The Zeta trim gets a cash discount of Rs 10,000 along with exchange bonus and corporate discount worth Rs 15,000 and Rs 5,000 respectively.

Maruti Baleno - offering a cash discount worth Rs 15,000 on Sigma trim, and Rs 10,000 on Delta, Zeta and Alpha trims. It also gets exchange bonus worth Rs 15,000 and corporate discount worth Rs 5,000.

Maruti Ciaz - The Alpha trims attracts cash discount and corporate discount worth Rs 20,000 and 5,000 respectively whereas the Sigma, Delta, Zeta trims get a cash discount of Rs 10,000 along with cash discount worth Rs 20,000 and corporate discount of Rs 5,000.

Maruti XL6 - offering an exchange bonus worth Rs 20,000 on this premium MPV.

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Now Get Home A New Maruti Swift By Paying Just Rs. 711 Per Day

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In order to ease the car buying process, Maruti Suzuki recently introduced a car subscription program that allows new car buyers to pay a monthly cost to buy a brand new car, without having to go through the trouble of paying the down payment, insurance cost, or even the maintenance charges incurred during the ownership period.

A range of Maruti Suzuki Arena cars, as well as Nexa cars are eligible for subscription, including the Swift, Dzire, Brezza, Ertiga, XL6, Baleno and Ciaz. The Swift, being the most affordable of this lot, is being offered at the lowest monthly subscription fee of just Rs 21,344 (inclusive of all taxes). If you book the Maruti Suzuki Swift for a tenure of 48 months right now, it would cost you as low as Rs 711 per day.

Do note that the new subscription service is only available in Gurgaon and Bangalore as of now, and these are the prices for the former city. For now, Maruti Suzuki is offering only two trims of the Swift for subscription, i.e. VXi MT and ZXi MT. The aforementioned price is for the VXi trim, while the ZXi variant can be yours for Rs 22,861 (inclusive of all taxes) per month.

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BS6 Volkswagen Polo, Vento discount offers for July 2020 – Up to Rs 1.4 lakhs

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Volkswagen Summer Special offers in July 2020 extend upto Rs. 2 lakhs on the Vento Comfortline

Volkswagen Polo, of which the company managed sales of 1,228 units in the past month, dipped as much as 222 percent as compared to sales of 1,450 units sold in June 2020. For the month of July 2020, the company is offering upto Rs.42,500 benefits on the Comfortline 1.2 liter variant. This includes a cash discount of Rs.17,500, exchange benefits of Rs.20,000 along with corporate discount of Rs.5,000. The Volkswagen Polo 1.0 liter Turbo variant sees a cash discount of Rs.13,200, exchange benefit of Rs.20,000 and corporate discount of Rs.5,000, extending to a total of Rs.38,200. Below is the detailed list of discount offers by Volkswagen dealers in India.

FireShot Capture 037 - BS6 Volkswagen Polo, Vento discount offers for July 2020 - Up to Rs 1_ ...png

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Mahindra & Mahindra introduces affordable finance schemes for customers

Mahindra & Mahindra (M&M) on Wednesday introduced new affordable finance schemes for its customers for all its vehicles, which includes EMI starting as low as Rs 899 per lakh for personal utility vehicles (UVs). The company said it has included up to 10 per cent of ex-showroom price funding options for accessories for personal UVs and first nine months EMI will be 50 per cent lower than regular EMIs for personal UVs.

The scheme also includes an option for first six months EMI to be lower by 76 per cent from regular EMIs for personal UVs, and up to seven years funding for Bolero Pickup and Bolero Maxi Truck, M&M said in a statement.

"Along with finance option for accessories, the company has also focused on all customer profiles including salaried and self-employed individuals, agriculturist and commercial vehicle owners to offer innovative and exciting schemes for its entire range of vehicles, it said.

The finance schemes offered during the last couple of months continue to be amongst the offers available for the customers to choose from.

These include schemes such as 'Own now and pay in 2021,' 'Upto 8 years funding', '100 per cent on-road funding' and 'Own BSVI Pickup at BSIV EMI', the company added.

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BS6 Car Discounts: Offers of Up to ₹ 60,000 on Hyundai Santro, Grand i10, Aura And Elantra

Hyundai Motor India is offering attractive discounts and massive offers across its product range for the month of August. These special benefits offered by Hyundai comprise of cash discounts, corporate discounts, exchange bonus and more. Additionally, there are special benefits this month for medical professionals, select corporate companies, SMEs, teachers and chartered accountants. And, flexible finance schemes are also available for interested buyers.
Customers looking to purchase the Santro small car can avail this excellent opportunity wherein the carmaker is offering a total benefit of ₹ 45,000. The entry-level variant of the Santro is offered with a cash discount and exchange bonus of ₹ 15,000 and of ₹ 15,000 respectively. The customers can also opt for a corporate discount of Rs 5,000. However, the company is providing an additional cash discount of Rs 10,000 on other variants of the small car.

Total discounts offered on the Grand i10 is up to ₹ 60,000 for both petrol and diesel versions. It includes a cash discount of Rs 40,000, a corporate discount of Rs 5,000. Buyers can exchange their old vehicle to avail exchange benefit of Rs 15,000. Hyundai's Grand i10 Nios can be bought with total benefits of up to ₹ 25,000 including a cash discount of Rs 10,000, exchange bonus of Rs 10,000 and a corporate discount of Rs 5,000.

The petrol and diesel variants of the Hyundai Aura sedan is available with a total discount of up to ₹ 20,000 including a corporate discount of Rs 5,000 and an exchange bonus of ₹ 15,000. The i20 premium hatchback is available with benefits up to ₹ 35,000. These benefits comprise of ₹ 15,000 cash discounts, ₹ 15,000 exchange bonus and a corporate discount of ₹ 5,000. These offers are limited to Sportz and Asta variants. Moreover, the special benefits of up to ₹ 30,000 offered on Hyundai Elantra is subject to exchange bonus only. Currently, the carmaker is not offering any special benefits or discounts on the Hyundai Venue, Tucson, Kona EV, Verna and Creta.

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Tata Nexon Electric Subscription Plan Prices from Rs 42k per month

Tata Nexon EV, the home grown automaker's first mass market electric vehicle for personal buyers, is now available via subscription in India. Even though car subscription plans are still a rather new phenomenon in India, the concept is quickly picking up pace as well as acceptance in the country owing to the ease it offers. And to tap into this potential and also push the cause of electric vehicles in India, Tata Motors decided to launch this 'first of its kind' subscription model for electric vehicles (EV), wherein it is offering its flagship EV, Tata Nexon, with all-inclusive fixed rental plans. The range starts at ₹41,900 per month and includes several tenures starting with a minimum period of 18 months.

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This offer, provided via a collaboration with Orix Auto Infrastructure Services Limited, will initially be available only in five Indian cities, namely, Delhi/NCR, Mumbai, Pune, Hyderabad and Bengaluru.

Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors, said, "EVs are the future, and as the leader of this fast growing segment, Tata Motors is committed to popularise their access and use in India. With this novel subscription model, we are making it more convenient for interested users of EVs to experience their myriad benefits. It is ideal for customers preferring ‘usership’ over ownership in the rapidly growing era of shared economy."

The automaker assures this end-to-end plan will save customers from enduring the hassle of vehicle registration as well as road tax. And not just that, customers will also be able to avail benefits such as comprehensive insurance coverage, on call roadside assistance, free maintenance with periodic servicing, and doorstep delivery. Besides that, the company will also install EV chargers at customers' preferred location, such as their their home or office.

Tata Nexon EV subscription plans
FireShot Capture 009 - Tata Nexon electric SUV now available with monthly subscription plan_ -...png


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