With GST coming into action on 1st of July, the benefits the brands are offering in pre-GST sales are gaining affinity from the consumers. Similarly, there are good deals being offered by the car-makers as well. So if you are planning to buy a new car, here is what you need to know.
Post GST, the cars especially in the small segment can see a price rise ranging from 3% to 5%. A car which is around Rs 5 lakhs can get costlier by 15 to 20,000.
Thus if you are planning to buy a small segment car, pre-GST is the right time to grab a deal as the leading car manufacturers are giving heavy discounts to clear their lot. Benefits of Rs. 25-35,000 can be expected on Alto and Swift. Whereas benefits of 25,000 to 2,50,000 are seen on the cars of Hyundai which are until 26th of June.
If you are planning for a car in luxury segment then Post GST is what you should plan, where cars like Toyota Fortuner are getting cheap by one Lakh and the cars which are above 50 Lakhs are expected to get cheaper by 2-3 Lakhs.
Thus it seems to be a win-win situation for both the small-segment and high-segment car buyers. So what are you waiting for go, and negotiate the best deal with your dealer for your favourite car.
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