Inventory clearance offers Mind-blowing discounts on cars.
Ahead of the festival season, popular car manufacturing companies like Maruti Suzuki, Hyundai, Tata Motors and Mahindra are providing a hefty amount of discounts to sell out existing inventories and less popular models.
As of August, Maruti Suzuki has declared discounts on Maruti Alto, Maruti S Presso, Maruti Eeco, Maruti Wagon R , Maruti Celerio, Maruti Swift and Maruti Dzire.All these models are provided with a discount of approximately Rs.20000 to Rs.50000 including different schemes like cash discount, exchange bonus and corporate discount.
Hyundai company is providing up to Rs.10000 discount for Grand i10 Nios. Hyundai Aure, The 1.2-litre variant is provided with a cash discount of Rs 10,000, an exchange bonus of Rs 10,000 and a corporate discount of Rs 3,000 and the 1.0-litre Turbo version is available with a cash discount of Rs 35,000, an exchange bonus of Rs 10,000 and a corporate bonus of Rs 3,000.
Tata motors also provide various discounts on cars. As of Aug, Tata Tiago is now offered with up to Rs 23,000 Discount Benefits. Tata Tigor is provided with a Discount of up to Rs 23,000 with a Rs 10,000 Cash Discount, Rs 10,000 Exchange Bonus benefits and a corporate discount up to Rs.3000. Tata Harrier is now offered with Rs 45,000 Discount Benefits: Exchange benefit and corporate benefit of Rs.40000 and Rs.5000 respectively.
Tata Safari is now entitled to Rs 45,000 Discount Benefits.
According to Mahindra, Model XUV300 W8 is postulated Rs 22500 Cash discount (Petrol), Rs 23000 for Cash (Diesel), Rs 10000 for Accessories, Rs 25000 For exchange benefits and Rs 4000 as Corporate discount.
Model XUV300 W8 is given a cash discount of Rs Rs 10000, Rs 10000 discount for Accessories, Rs 25000 as an exchange discount and Rs 4000 as a corporate discount.
Model XUV300 W6 AMT Sunroof is given Rs 5000 Cash discount (Petrol), Rs 3100 Cash (Diesel), Rs 10000 discount for Accessories, Rs 25000 as Exchange discount and Rs 4000 as Corporate discount.
According to Maruti Suzuki, the lack of sales throughout the peak of the pandemic has caused an unbearable amount of loss in the first quarter(2021-22). This also led to a mismatch of demand-supply requirements.