Here is the list of cars that have become cheaper after GST rollout!

GST or the Goods and Service Tax has been rolled out by the Government of India starting today the 1st of July, 2017 and is one of the biggest reforms in India since independence. This has directly spelled some relief for automobile industry since most cars are now cheaper then before. Here is by how much prices have reduced according to the respective segments put forth by the new tax system.

Maruti Suzuki Swift AMT

Firstly, cars have been divided now into the following categories:

  • Small Cars (length < 4m) Petrol
  • Small Cars (length < 4m) Diesel Mid Size (length > 4m, with engine < 1,500cc) Bigger Cars (length > 4m, with engine > 1,500cc)
  • SUVs
  • Hybrid Vehicles
  • Electric Vehicles

Cars that come under smalls cars are hatchbacks, compact SUVs and compact sedans like the Maruti Baleno, Ford EcoSport and Maruti DZire. The base rate for this category is 28 percent with a cess of 1 percent for small petrol cars and 3 percent for small diesel cars taking the total tax for small petrol cars to 29 percent and small diesel cars to 31 percent. This is lower than before by 2.4 percent over the previous taxation system.

Cars coming under rest of the categories mentioned above will attract a flat 43 percent GST. This is lower by 3.6 percent for the mid size category, 8.8 percent for bigger cars category and 12.3 percent for SUVs. GST though has brought bad news for Hybrid vehicles which will now get expensive by as much as 12.7 percent. Electric vehicles on the other hand too have also become cheaper by nearly 7.5 percent with a base rate of 12 percent and no additional cess. The list below will give you an idea of the drop in prices of your favourite vehicle. Mind you these are approximate prices, head to nearest car dealer to know the actual prices!

Maruti Suzuki small cars (Alto, Wagon R, Swift, DZire, Celerio, Ignis, Vitara Brezza, Baleno, Eeco, Omni): Rs. 5,000/- to Rs. 22,000/-
Maruti Suzuki sedans (Ciaz Petrol): Rs. 28,000/-

Hyundai small cars (Eon, Grand i10, Elite i20, Xcent, i20 Active): Rs. 8,000/- to Rs. 24,000/-
Hyundai sedans (Verna, Elantra): Rs. 27,000/- to Rs. 70,000/-
Hyundai SUVs (Creta, Tuscon, Santa Fe): Rs. 1,00,000/- to Rs. 2,50,000/-

Tata Motors small cars (Nano, Tiago, Tigor, Zest, Bolt, Indica, Indigo): Rs. 5,000/- to Rs. 21,000/-
Tata Motors SUVs (Sumo, Safari, Hexa): Rs. 80,000/- to Rs. 1,60,000/-

Honda small cars (Brio, Jazz, Amaze, WR-V): Rs. 11,000/- to Rs. 24,000/-
Honda sedans (City): Rs. 31,000/-
Honda SUVs (CR-V): Rs. 2,30,000/-

Toyota sedans (Etios, Corolla): Rs. 13,500 to Rs. 57,000/-
Toyota SUVs (Fortuner, Land Cruiser): Rs. 3,00,000/- to Rs. 10,50,000/-

Mahindra & Mahindra small cars (KUV100, TUV300, Verito Vibe): Rs. 11,000/- to Rs. 36,000/-
Mahindra & Mahindra sedans (Verito): Rs. 21,000/-

Renault small cars (Kwid, Pulse): Rs. 6,000/- to Rs. 17,000/-
Renault sedans (Scala): Rs. 33,000/-
Renault SUVs (Duster): Rs. 1,00,000/-

Nissan small cars (Micra, Micra Active): Rs. 11,000/-
Nissan sedans (Sunny): Rs. 32,500/-
Nissan SUVs (Terrano): Rs. 1,20,000/-

Volkswagen small cars (Polo, Ameo, Polo GT): Rs. 13,000/- to Rs. 22,000/-
Volkswagen sedans (Vento, Jetta): Rs. 30,000/- to Rs. 75,000/-
Volkswagen SUVs (Tiguan): Rs. 3,30,000/-

Ford small cars (Figo, Aspire, EcoSport): Rs. 9,000/- to Rs. 13,000/-
Ford SUVs (Endeavour): Rs. 2,70,000/-

Isuzu SUVs (MU-X): Rs. 3,00,000/-

Mercedes Benz (A, B, C, E, S, CLA, GLA, GLE, GLS): Rs. 1,25,000/- to Rs. 7,00,000/-

BMW (1, 3, 5, 6, 7, X1, X3, X5): Rs. 1,00,000/- to Rs. 4,00,000/-

Audi (A3, A4, A6, Q3, Q5, Q7): Rs. 1,00,000 to Rs. 4,00,000/-

Jaguar (XE, XF, XJ): Rs. 3,25,000 to Rs. 6,00,000/-

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