Car Price Discount: The decision to buy a car in India is often taken after long deliberation and budget calculation. This year, the good news for the customers is that the government has made a big tax reform in the automobile sector. The GST changes to be implemented from 22 September 2025 will bring down the prices of cars significantly.
Read Here- Get best offer on iPhone 16 Pro before launch of iPhone 17 series
The benefit of the GST reduction will be applicable from 22 September
Earlier, a total tax of 29% had to be paid on small cars, i.e. cars up to 4 meters in length, which included 28% GST and 1% cess. But now, after the implementation of the new rates, this tax has come down to just 18%. This will give buyers direct savings of 11% to 13%.
Diwali offers will give double the benefit
Every year on Diwali, car companies offer big offers to attract customers. This time, the situation can be even more special because the effect of the GST reduction will be visible in the prices of cars, and at the same time, the offers from the companies will also continue. It is estimated that customers will get the benefit of discounts up to Rs 1 lakh, attractive cashback, exchange bonus, and free accessories during Diwali.
Better opportunity for first-time car buyers
For those who are dreaming of buying a car for the first time, this can prove to be the most suitable time. After September 22, the offers on Diwali, along with tax savings, will give them the benefit of a smart deal.
There will be an increase in the bustle in the car market
Experts believe that tax cuts and offers given on festivals can lead to a big jump in car sales this year. This step in the automobile sector will prove to be beneficial for customers as well as companies.
Read Here- Maruti Suzuki WagonR Vs Hyundai Santro
On which cars will GST be levied and how much?
Car Name Category New GST Rate (%)
Maruti Suzuki Swift Common Car 18%
Hyundai Grand i10 Nios Common Car 18%
Tata Tiago Common Car 18%
Renault Kwid Common Car 18%
Maruti Alto K10 Common Car 18%
Hyundai Exter Common Car 18%
Tata Punch Common Car 18%
Maruti WagonR Common Car 18%
Citroen C3 Common Car 18%
Nissan Magnite (Some Variants) Common Car 18%
Toyota Fortuner Luxury Car 40%
Mahindra XUV700 (Top Variant) Luxury Car 40%
Tata Safari Luxury Car 40%
Hyundai Tucson Luxury Car 40%
MG Gloster Luxury Car 40%
Jeep Compass Luxury Car 40%
Skoda Superb Luxury Car 40%
Volkswagen Tiguan Luxury Car 40%
BMW, Audi, Mercedes-Benz (All Models) Luxury Car 40%
Mahindra Scorpio-N (Top Variant) Luxury Car 40%