No discounts are offered on the newly-launched Mahindra XUV300 subcompact SUV.
Indian automobile industry has been witnessing sales decline for the last 7 months. According to latest census (June 2019), around a half a million passenger vehicles worth Rs 35,000 crores are unsold in dealerships and they are bound to pay GST on the stocks. In order to reduce financial burden on dealers, the major carmakers (including Maruti Suzuki, Tata, Mahindra and Renault Nissan) have shutdown their production facilities for a limited time period.
Aiming to boost sales, some automakers are offering massive discounts on their popular models including Mahindra & Mahindra. Mahindra TUV300, that recently received a mid-life update, is being offered with a maximum discount of Rs 82,500. The breakup includes a cash discount of Rs 58,000, an exchange bonus of Rs 15,000 and a corporate bonus of Rs 4,500 along with genuine accessories worth Rs 5,000. The 7-seater version of the TUV300 is available with discounts up to Rs 69,500 (Rs 40,000 cash discount + Rs 25,000 + Rs 4,500 corporate bonus + Rs 5,000 genuine accessories).
The Mahindra Scorpio buyers can avail benefits up to Rs 75,000 that includes Rs 35,000 cash discount, Rs 25,000 exchange bonus, Rs 5,000 corporate bonus and Rs 10,000 genuine accessories. If you are planning to buy XUV500, then it’s the best time as Mahindra is offering a cash discount of Rs 26,000. The SUV also gets an exchange bonus of Rs 25,000 along with a corporate bonus of Rs 9,000 and genuine accessories of Rs 10,000. Read – All-New Mahindra Thar Launch Details Revealed
One can avail benefits up to Rs 73,000 on the Mahindra KUV100. The entry-level K2 variant comes with discount offer of Rs 15,000, the K4 trim is available with discount up to Rs 21,000. The higher trims – K6 and K8 – get Rs 35,000 discount. The carmaker is also offering an exchange bonus of Rs 29,000, a corporate bonus of Rs 4,000 and genuine accessories costs Rs 5,000.
The Mahindra Marazzo, the 7/8-seater MPV from the home-grown carmaker, can be purchased with discounts up to Rs 65,000. The M6 and M8 variants are getting an exchange bonus of Rs 40,000 and free first-year insurance, while the M2 and M4 trims are available with an exchange bonus of Rs 15,000.
Buyers can get benefits up to Rs 29,000 on the Mahindra Bolero Power Plus SUV. It includes cash back worth Rs 11,500 and accessories worth Rs 3,500 or an exchange bonus of Rs 10,000 and a corporate bonus of Rs 4,000. One must note that the discounts offered on the Mahindra Alturas G4 will vary dealer-wise and no benefits are offered on the newly-launched Mahindra XUV300 subcompact SUV.
Latest Video – Effect of BS6 On Car Prices