Maruti Suzuki has surprisingly reduced cash discount and exchange bonus amount on all their products during the festive season
To everyone’s surprise, Maruti decided to drop the cash discount as well as the exchange bonus rate for the month of October 18 on almost all their cars compared to last month. We have no idea why Maruti decided to take this decision during the festive month when buyers look to get their hands on new cars and also look for heavy discounts.
India’s leading passenger vehicle manufacturer decided to cut the discount rates on almost all their products available in India including the entry-level offering Alto800’s petrol and CNG variants, WagonR, Swift petrol variants, Dzire petrol variants, Ertiga petrol variants etc.
However, the auto manufacturer on the other hand also decided to add some additional cash discounts of up to Rs. 40, 000 only on some specific variants including Swift Diesel, Dzire petrol variant and also on Ertiga diesel variant compared to the month of September.
Talking about individual discount drop rates, in particular, the Alto800 petrol and the CNG variants cash discount rate has gone down from Rs. 25, 000 during the month of September to Rs. 15, 000 while the exchange bonus value of the 0-7-year-old car has also declined from 30, 000 (Sept 18) to Rs. 20, 000 (Oct 18).
The exchange prices for more than 7 years old car has gone down from Rs. 20, 000 (sept18) to Rs. 10, 000 (Oct18). If you are planning to get your hand on an Alto K10 AMT variant this month then think again because the cash discount rate on K10 AMT variant has been reduced to just Rs. 15, 000 compared to Rs. 27, 000 during last month.
Some other popular models from Maruti like Dzire petrol has also lost both cash as well as exchange bonus discount value by Rs. 5,000 and 10, 000 respectively. Fortunately, there are few cars which remained unaffected from a drop in discount rates including Maruti’s only compact SUV Brezza, Celerio AMT and petrol variants.