Money Matters - Simplified

Diwali lights up lucrative car offers for customers

Many a customer are seen walking into the car showrooms to avail the various festive discounts offered by on cars. This year is no different as the car makers are offering heavy discounts, schemes and offers with the car purchases.

Car manufacturers like Tata Motors, Honda, Maruti Suzuki and Ford all are offering discounts up to Rs 60,000 to perk up the sluggish car sales.

Maruti Suzuki

The festive season is ideal time to present reductions, concessions and offers to new customers. In general Maruti has increased discounts by almost Rs 15,500 on petrol versions of its cars. The market leader is luring customers with discounts upto approximately Rs. 62,000 off on Alto and Estillo nearly 64,000 on Ritz.

Hyundai

India’s second biggest car manufacturer Hyundai offers massive discounts on their car range to bring in the customers. The cash discounts have been announced and nearly 44,000 is off on the i10 and approx Rs.32,000 on i20. There is a discount offer of nearly 24,000 on the Eon. Free insurance and cash discount of Rs 45,000 is being offered on the favorite of the masses, the Santro.

Tata Motors

Tata Motors is offering Diwali scheme on various models in its portfolio. "We do offer schemes for specific periods and at present the discounts on our passenger vehicles range between Rs 10,000 and Rs 50,000 depending on the model," stated a spokesperson for the company.

German Cars

Even the high end luxury manufactures step a notch down and offer new deals and schemes to lure customers. "During this period, Mercedes-Benz India will gift customers, who purchase the Three-Pointed Star, a unique opportunity to meet the star of the racing world Michael Schumacher along with an all-expenses paid trip to watch the Formula 1 race,"said the car manufacturer.

The company also promises 100 grand stand tickets to the Airtel Indian Grand Prix, 2012 to the customers availing the test drives.

Ford

Ford has offered free insurance, extended warranty as loyalty/exchange on the Ford Figo Petrol and the diesel version of Ford Figo. Ford New Fiesta has offered some accessories with insurance and extended warranty, this September.

There is an overall advantage of nearly Rs 28,000 on the Figo deals. A customer can avail 50% saving on the insurance amount on the purchase of the Ford Classic. The Company is handing out accessories worth Rs. 52,000 on the purchase of the Endeavour, the popular sports utility vehicle.

Mahindra and Mahindra

The famous Xylo has ended up being a favorite car of many . Now Mahindra has decided to offer free insurance on select models of Xylo and an extended 3 yr Warranty on Mahindra Scorpio .

Honda

Honda Siel Cars India senior vice-president (sales and marketing) Jnaneswar Sen highlighted special schemes for customers. A Re 1 insurance programme has been presented for Brio, City, Civic and Accord.

Volkswagen

The Company offers benefits of nearly Rs 55,000 on base model of Polo Trendline and 70,000 on VW Vento Treadline. The scheme is valid for a limited time period .