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Key Takeaways
GST 2.0 has slashed car prices ranging from Rs 65,000 to over Rs 30 lakh for select models.
Mass-market and luxury automakers like Maruti, Tata, Toyota, Hyundai, Kia, and Mahindra are offering direct price benefits.
Deep luxury cuts from Range Rover, Defender, and Discovery now open up rare purchase opportunities.
Best time to buy: Reduced GST rates + festive offers + better financing.
Table of Contents
What Changed With GST 2.0 and Why Prices Fell
The government altered the vehicle tax slabs under GST 2.0, slashing ex-showroom car prices significantly.
OEMs passed these reductions directly to customers for savings across petrol, diesel, and luxury variants.
Affordable models from Maruti, Tata, and Hyundai now see up to Rs 3.5 lakh off, while luxury SUVs like the Range Rover are cheaper by over Rs 30 lakh.
Brand-by-Brand Price Updates
From Mahindra's SUVs to Hyundai’s family cars and Kia’s MPVs, here's where the biggest discounts lie. Every segment takes a hit—perfect for value-seekers and premium aspirants alike.
Few Headliners Include:
Maruti Jimny: Rs 1.14 lakh reduction
Hyundai Tucson: Rs 2.4 lakh off
Toyota Fortuner: Rs 3.49 lakh discount
Range Rover 4.4P SV LWB: Rs 30.4 lakh cheaper
Kia Carnival: Rs 4.48 lakh price drop
Skoda Kodiaq: Effective Rs 5.8 lakh off (incl. festive)
Detailed list continues below in the full breakdown section.
-> Mahindra – Expected price cuts
Model | Price Revisions |
|---|---|
Bolero Neo | Rs 1.27 lakh cheaper |
XUV 3XO | Rs 1.40 lakh (petrol), Rs 1.56 lakh (diesel) cut |
Thar range Thar Roxx | Up to Rs 1.35 lakh lower Rs 1.33 lakh reduction |
Scorpio Classic Scorpio N | Rs 1.01 lakh cheaper |
XUV700 | Rs 1.43 lakh lower |
-> Tata Motors – Up to Rs 1.45 lakh off
Model | Price Revisions |
|---|---|
Tiago | Rs 75,000 cheaper |
Tigor | Rs 80,000 reduction |
Altroz | Rs 1.10 lakh cut |
Punch | Rs 85,000 lower |
Nexon | Rs 1.55 lakh cheaper |
Harrier | Rs 1.40 lakh cut |
Safari | Rs 1.45 lakh cheaper |
Curvv | Rs 65,000 reduction |
-> Range Rover – Up to Rs 30.4 lakh off
Model | Price Revisions |
|---|---|
4.4P SV LWB 3.0D SV LWB 4.4 SV Edition Two | Rs 30.4 lakh cheaper Rs 27.4 lakh cut Rs 19.7 lakh cheaper |
3.0P Autobiography 4.4 Autobiography | Rs 18.3 lakh lower |
3.0D HSE 3.0D Tempest | Rs 16.5 lakh reduction Rs 9.3 lakh lower Rs 9.8 lakh lower Rs 9.9 lakh cheaper |
5.0P 110 X-Dynamic HSE 3.0D 110 X-Dynamic HSE 2.0P 110 X-Dynamic HSE 2.0D/2.0P Dynamic SE | Rs 9.9 lakh lower Rs 9 lakh reduction Rs 7 lakh cut Rs 4.6 lakh cheaper |
Discovery | Up to Rs 9.9 lakh off Up to Rs 4.6 lakh off |
Range Rover Sport Range Rover Velar Range Rover Evoque | Up to Rs 19.7 lakh off Up to Rs 6 lakh off Up to Rs 4.6 lakh off |
Defender | Up to Rs 18.6 lakh off |
4.4P 110 OCTA Edition One 4.4P 110 OCTA | Rs 18.6 lakh cheaper Rs 17.3 lakh cut |
-> Kia – Up to Rs 4.48 lakh off
Model | Price Revisions |
|---|---|
Sonet | Rs 1.64 lakh cheaper |
Syros | Rs 1.86 lakh reduction |
Seltos | Rs 75,372 cut |
Carens Carens Clavis | Rs 48,513 savings |
Carnival | Rs 4.48 lakh reduction |
-> Toyota – Up to Rs 3.49 lakh off
Model | Price Revisions |
|---|---|
Fortuner Legender | Rs 3.49 lakh cut Rs 3.34 lakh lower |
Hilux | Rs 2.52 lakh cheaper |
Vellfire | Rs 2.78 lakh cut |
Camry | Rs 1.01 lakh cheaper |
Innova Crysta Innova Hycross | Rs 1.80 lakh reduction Rs 1.15 lakh cut |
-> Hyundai – Up to Rs 2.4 lakh off
Model | Price Revisions |
|---|---|
Grand i10 Nios | Rs 73,808 cut |
i20 i20 N-Line | Rs 98,053 cut Rs 1.08 lakh cheaper |
Aura | Rs 78,465 cheaper |
Exter | Rs 89,209 reduction |
Creta Creta N-Line | Rs 72,145 cut Rs 71,762 lower |
Venue | Rs 1.23 lakh cut (Rs 1.19 lakh for N-Line) |
Verna | Rs 60,640 lower |
Alcazar | Rs 75,376 cheaper |
Tucson | Rs 2.4 lakh reduction |
-> Skoda – Up to Rs 5.8 lakh benefits with offers
Model | Price Revisions |
|---|---|
Kodiaq | Rs 3.3 lakh cut + Rs 2.5 lakh festive offers = Rs 5.8 lakh savings |
Kushaq | Rs 66,000 GST cut + Rs 2.5 lakh festive offers |
Slavia | Rs 63,000 GST cut + Rs 1.2 lakh festive discount = Rs 1.8 lakh total savings |
-> Maruti Suzuki – Expected price cuts
Model | Price Revisions |
|---|---|
Alto K10 | Rs 40,000 off |
WagonR | Rs 57,000 cut |
Maruti Swift | Rs 58,000 reduced Rs 61,000 off |
Baleno | Rs 60,000 cut |
Fronx | Rs 68,000 off |
Brezza | Rs 78,000 cut |
Eeco | Rs 51,000 off |
Ertiga | Rs 41,000 cut |
S-Presso | Rs 38,000 off |
Jimny | Rs 1.14 lakh off |
Ignis | Rs 52,000 cut |
Celerio | Rs 50,000 off |
Invicto | Rs 2.25 lakh off |
XL6 | Rs 35,000 cut |
-> Renault & Nissan – Up to Rs 1 lakh off
Model | Price Revisions |
|---|---|
Renault Kiger | Highest discount up to Rs 96,395 |
Magnite Visia MT | Now available under Rs 6 lakh |
Magnite N-Connecta CVT & KURO CVT | Now available under Rs 10 lakh |
Magnite CVT Tekna Magnite CVT Tekna+ | Price cut of approx. Rs 97,300 Price cut of approx. Rs 1,00,400 |
CNG Retrofitment Kit: Now priced at Rs 71,999 with Rs 3,000 savings | Rs 1.23 lakh cut (Rs 1.19 lakh for N-Line) |
How the Price Drops Help You
First-Time Buyers: Entry prices for Alto K10, Tiago, and WagonR are far more accessible.
Indian Families: XUV 3XO, Venue, Punch, and Brezza make excellent roomier options with more bang for buck.
Long-Distance Drivers: Diesel SUV savings on Harrier, Safari, XUV700, Scorpio N, and Creta are enticing for mile-munchers.
Luxury Aspirants: Range Rover, Defender, and Vellfire buyers get hefty, double-digit savings.
Understanding Ex-Showroom vs On-Road Pricing
Ex-Showroom Price: Base rate pre-RTO, insurance, and charges. This is where GST 2.0 delivers most relief.
On-Road Price: Final cost to drive home, including all extras. Must be verified city-wise.
EMI Impact: Even Rs 1 lakh off ex-showroom can reduce loan EMI significantly.
Festive Season Impact & Industry Outlook
"The GST cuts align perfectly with festive buying sentiment, driving footfalls and bookings at showrooms across India," – Auto Analyst
Carmakers also sweeten the deal with exchange bonuses, low-interest loans, feature upgrades, and limited-run combos. Auto sales this festive period may break long-standing records.
Tips to Get the Best GST 2.0 Deal
Compare variant-specific drops—some trims get far deeper cuts.
Ask about festive + dealer schemes bundled with GST savings.
Don’t delay—popular variants might go into 1–2 month waiting periods now.
Clarify on-road pricing up front with transparency on insurance, handling, and extended plans.
Who Benefits the Most?
Budget seekers: Maruti and Nissan offer great value with cuts below Rs 1 lakh.
SUV aspirants: Tata, Mahindra, Hyundai, and Kia all offer big benefits on SUVs.
Feature lovers: Kia and Hyundai N-Line trims are now more affordable with GST drops.
Premium buyers: Fortuner, Vellfire, Velar, and Evoque prices now rivaled by mid-segment CBU alternatives.
The Bottom Line
From your first hatchback to your next luxury mover, GST 2.0 gives you reasons to move fast—price cuts are compelling, but limited inventory and demand spikes may impact timelines. Compare transparently and consult expert guidance at Auto Wisdom for help planning your next car move.
Frequently Asked Questions
Q: Are the GST 2.0 cuts uniform across the country?
The ex-showroom reductions apply nationwide, but the final on-road price includes location-based charges—check with your local dealer.
Q: Do all variants within a model get price cuts?
Yes, but quantum may vary. Diesel/petrol/automatic trims often have different cut values.
Q: Can I still negotiate despite these cuts?
Absolutely. Look for add-on schemes (accessories, insurance, extended warranty) stacked on GST savings.
Q: What about resale value later?
Used car rates could soften for models that saw steep GST cuts now. Buy new smartly—resale will align longer-term.