2019 is turning out to be a tough year for auto manufacturers as the sales have come down compared to the previous months. To counter the same, manufacturers are offering big discounts on their lineup of cars. While discounts near about Rs. 50,000 are being offered by several manufacturers, many cars are running with discounts worth more than Rs. 1 lakh or near that sum. If you have been looking for a great value for money deal on a car, here is a list of cars being sold with discounts at or more than Rs. 1 lakh.
Max discount value: Rs. 95,000 + after sales service schemes
First on the list is the compact sedan by Volkswagen that challenges the likes of the Maruti Suzuki Dzire and the Ford Aspire among others. The Ameo is getting a total discount value of more than Rs. 1 lakh. This includes a cash discount of Rs. 30,000 along with an exchange bonus worth Rs. 30,000. Then there is a loyalty bonus worth Rs. 10,000 along with a corporate bonus up to Rs. 25,000 on select models. Apart from this, Volkswagen is offering an after sales care package consisting of 4-year warranty plus 4 years of roadside assistance along with labour free service for the first year.
Max discount value: Rs. 92,000 + additional exchange scheme+finance scheme
Among the most affordable non-sub-4 meter sedan in India, the Nissan Sunny too is getting big discounts this month. The total discount value on the Sunny exceeds the Rs. 1 lakh mark. The discount scheme includes a direct cashback worth Rs. 62,000 along with an exchange bonus worth Rs. 30,000. Then the company is offering finance for the Sunny at 0% interest rate. Apart from all this, there is a minimum exchange price of Rs. 25,000 on diesel cars more than 10 years old and petrol cars more than 15 years old in Delhi, which have been deemed unfit to run in the city. However, all these discounts are applicable only to the older 2018 make models.
Max discount value: Rs. 1.25 lakh + after sales service schemes
The Volkswagen Vento rivals the likes of the Honda City and the Hyundai Verna among others in its segment. The car is being offered with a total discount value which exceeds Rs. 1.25 lakh. The discount scheme includes direct cash back worth Rs. 50,000 along with an exchange bonus worth Rs. 40,000. hen there is a loyalty bonus worth Rs. 10,000 along with a corporate bonus up to Rs. 25,000 on select models. Apart from this, the company is offering an after sales care package consisting of 4-year warranty plus 4 years of roadside assistance along with labour free service for the first year.
Max discount value: Rs. 1.34 lakh
The Toyota Yaris has been selling with big discounts since some time now. The C-segment sedan has had quite a slow pace when it comes to sales and this month too Toyota is offering big discounts on it for boosting its sales. Talking about the discount offers on the Yaris, Toyota is currently offering discounts upto Rs. 1.34 lakh on the Yaris. The discount includes a cashback worth Rs. 84,000 along with an exchange bonus which is only applicable if you buy the car through Toyota finance. Then there is an additional Rs. 20,000 being offered as exchange bonus along with Rs. 30,000 worth of corporate discount.
Max discount value: nearly Rs. 1 lakh
The Honda BR-V is being offered with discounts worth at approximately Rs. 90,000. The discount offer includes an exchange bonus of Rs. 40,000 along with free 1st-year insurance. Apart from this, Honda is also offering accessories worth Rs. 16,000 with the car. The comfortable 7 seater car, therefore, is a decent value for money package this month because of the discounts. It rivals the likes of the Hyundai Creta and the Nissan Kicks among others in the segment.
Max discount value: Rs. 1.20 lakh
According to a few reports, Toyota has shelved the plans of updating the Corolla for the time being. The current generation Corolla Altis is being offered with a big discount worth Rs. 1.20 lakh this month. The discount scheme on the D-segment sedan includes an exchange bonus worth Rs. 20,000 along with a corporate bonus worth Rs. 40,000. apart from this, Toyota is offering genuine accessories worth Rs. 60,000 to people who buy the car this month.
Max discount value: Rs. 2 lakh
The Elantra is the flagship sedan from the Korean manufacturer and quite a good value in its segment. As of now, Hyundai is offering a massive discount worth up to Rs. 2 lakhs which includes exchange bonus among other benefits. It is also the highest direct discount value on any car in this list. The new generation Hyundai Elantra is around the corner and the company could launch it by next year. The new Elantra comes with sharper styling along with a host of new features which will enable it to rival the competition.
Max discount value: Rs. 1 lakh
The Hyundai Tucson is getting a total discount of up to Rs. 1 lakh on it this month. The discount on this SUV includes exchange bonus as well as other benefits offered by the company. In its segment, the Tucson rivals the likes of the Jeep Compass and the more expensive Honda CR-V. It will also get a new version in the coming months, which will lease a fresh life into the now old Tucson.
Note – The discount value on cars with insurance benefits may vary according to the dealer, insurer and the model. The figures provided here are just an estimate so as to provide a rough idea of the gross discount.