Several automobile companies have announced price cuts ranging from Rs 2000 to Rs 3 lakh on cars after the Goods and Services Tax came into effect. With GST rate on cars reducing the overall tax incidence on many of its models, many car makers slashed the prices of their products to pass on the benefit to consumers. The revised prices are for ex-showroom Delhi and will vary from state to state. Here we bring to you the change in price of these cars after GST.
Maruti Suzuki
Toyota
Honda Cars India
Accord price has not been decided yet.
Ford
The company, however, did not share details about the revised pricing of the iconic Ford Mustang. It is expected to go up.
BMW
The German luxury car maker cut prices ranging from Rs 70,000 on base end version of X1 to Rs 1.8 lakh on the top end of its sedan 7 series. However, flagship hybrid sportscar the BMW i8 will will now cost Rs 2.62 crore, up from Rs 2.14 crore pre-GST.
Mercedes
The company has cut prices of its vehicles produced in India by up to Rs 7 lakh. Mercedes Benz India locally produces nine models — CLA sedan, SUVs GLA, GLC, GLE and GLS, luxury sedans C-Class, E- Class, S -Class and Maybach S 500 — which are priced between Rs 32 lakh and Rs 1.87 crore (ex-showroom Delhi).
Jaguar and Range Rover
The Tata Motors-owned company has reduced prices of its entire vehicle range in India on an average by 7 percent.
The Jaguar portfolio in India includes XE with a starting price of Rs 34.64 lakh, XF starting at Rs 44.89 lakh, F-PACE Rs 67.37 lakh onward and XJ with a starting point of Rs 97.39 lakh (ex-showroom prices across India).
On the other hand, the Land Rover range includes the Discovery Sport starting at Rs 40.04 lakh, Range Rover Evoque at Rs 42.37 lakh upward, Range Rover Sport beginning at Rs 89.44 lakh and Range Rover with a starting price point of Rs 1.59 crore (ex-showroom in India).
PTI inputs
