Ford, BMW, Mercedes & Audi slash car prices to post-GST levels

Aravind

Aravind Jayachandran, It goes without saying that I'm a huge petrolhead and can apparently convert all my driving emotions into words you can read.

Ford is offering a discount of up to INR 30,000 for the Ford EcoSport.

Ahead of its July 1 deadline, a few manufacturers have begun to pass on benefits of the GST tax rates to customers, in a bid to prevent sales of such vehicles from slowing down in the weeks leading to the implementation of GST.

2017 Ford Ecosport Platinum at APS 2017
Ford is offering a discount of up to INR 30,000 for the EcoSport up to INR 25,000 for the Aspire.

Ford is offering a discount of up to INR 30,000 for the EcoSport, and INR 10,000 – INR 25,000 for the Figo hatchback and Aspire sedan.

The new tax rates under GST have also benefited luxury manufacturers BMW, Audi and Mercedes-Benz, who all have implemented the new tax rates to pass on GST’s benefits to the customer early on. BMW is offering “benefits up to 12 per cent” on ex-showroom prices of their portfolio, including reduced interest rate of 7.90 percent, complimentary service and maintenance for three years, complimentary insurance for one year and assured buyback up to four years.

Audi India has slashed prices of its models by up to INR 10 lakh, which will last till June 30. The discount is reported to range from INR 50,000 on the A3 sedan to INR 10 lakh on the Audi A8 flagship. Similarly, Mercedes-Benz India also announced slashing prices of its products to pass on benefits of the new tax rate under GST. The discount ranges from INR 1.4 lakh on the CLA sedan to INR 7 lakh on the locally made Mercedes-Maybach S 500. The transactional price of the entire Mercedes-Benz ‘Made in India’ model range decreased by 4% on a weighted average from May 25.

2017 Mercedes CLA (facelift) pillarless doors Review
For Mercedes products, the discount ranges from INR 1.4 lakh on the CLA sedan to INR 7 lakh on the locally made Mercedes-Maybach S 500.

For luxury car manufacturers, taxes reduce to 43 percent from an earlier rate of 45-55 percent.

Ford EcoSport Platinum Edition – Image Gallery

[Source: ET Auto]

Contribute to IAB
Submit Spyshots & get Bragging rights! Click Here
Custom Mods on your ride? Get it featured on IAB Submit

Ford EcoSport News & Updates

Ford Figo Aspire front fascia top view at Nepal Auto Show 2017

Ford pips Hyundai to become India’s largest PV exporter – Report

2018 Ford EcoSport facelift India launch on November 9

2018 Ford EcoSport India launch on November 9 – Report

Brazilian-spec 2018 Ford EcoSport (facelift) front fascia

2018 Ford EcoSport (facelift) to launch in India by mid-November – Report

Ford EcoSport front view

2018 Ford EcoSport’ European production shift to Romania from India complete

2018 Ford EcoSport Titanium S front three quarters spy shot

2018 Ford EcoSport Titanium S spotted in India in the Lightning Blue colour

Dragon 1.5-litre Ti-VCT engine unveiling

‘Dragon’ 1.5-litre Ti-VCT Petrol Engine to be used first on the 2018 Ford EcoSport