Here is the list of the 5 biggest car discount offers this month. Many people purchase cars in the month of March to adjust for tax benefits. This is primarily true for business owners. But having an incentive and offer further draws new customers in. Many people wait for substantial discounts on cars to make the purchase decision. Let us take a look at the details of discounts on cars this month.
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5 Biggest Car Discount Offers This Month
Car | Discount |
Skoda Slavia and Kushaq | Rs 2 Lakh |
VW Taigun | Rs 1.3 Lakh |
Honda City | Rs 1.2 Lakh |
Honda City eHEV Hybrid | Rs 1 Lakh |
Honda Amaze | Rs 90 Lakh |
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Skoda Slavia and Kushaq
The first set of vehicles on this list includes the Skoda Slavia and Kushaq. Both these vehicles share the same powertrain and transmission options along with the MQB A0 IN platform. They represent the second innings, of sorts, for the Czech carmaker in our country. Prior to the Kushaq and Slavia, the sales numbers of Skoda cars were depleting rapidly. It was only after this new localized platform started powering the cars that the ownership costs were drastically reduced and people started buying these cars in huge volumes. In fact, India is the largest market for Skoda outside Europe. That is due to just these two cars. For this month, the Skoda duo is being offered at a discount of upto Rs 2 lakh. This includes:
- Corporate Discount – Rs 25,000
- Exchange Bonus – Rs 20,000
- Additional loyalty discounts for all Skoda, VW, Audi, and Porsche car owners
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VW Taigun
The next car to have one of the biggest discount offers this month is the VW Taigun. It is, essentially, the VW counterpart of the Skoda Kushaq. In fact, it even shares the body panels with the Kushaq in addition to the powertrain and transmission combinations. There are two engine options on offer – a 1.0-litre TSI turbo petrol engine and a 1.5-litre EVO turbo petrol engine generating 115 hp / 178 Nm and 150 hp / 250 Nm of peak power and torque, respectively. There are options of choosing between a 6-speed manual, a 6-speed torque converter automatic or a 7-speed DSG automatic transmission. This month, the buyers can get a discount of upto Rs 1.3 lakh on it. Here is the breakdown:
- Cash Discount – Rs 60,000
- Exchange Bonus – Rs 40,000
- Corporate Benefit – Rs 30,000
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Honda City
Next up, we have the Honda City. It is one of the most popular and successful mid-size sedans in our market. It has been selling well in India for decades now. In its current iteration, there are two powertrain options on offer – a regular 1.5-litre petrol and a 1.5-litre strong hybrid mill. The former generates a healthy but familiar 121 hp and 145 Nm of peak power and torque. The buyers can choose between either a 6-speed manual or a CVT automatic gearbox. For this month, you are eligible to claim benefits of upto Rs 1.2 lakh. The details of this enticing offer include:
- Cash Discount – Rs 30,000
- Exchange Bonus – Rs 15,000
- 5-Year Warranty Package on VW and ZX Trims
- Corporate Benefits
- Loyalty Bonus
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Honda City eHEV Hybrid
The Honda City eHEV is the hybrid version of the popular sedan. Powered by a 1.5-litre petrol engine combined with two electric motors and a Lithium-ion battery, this vehicle boasts a unique powertrain setup. While one motor drives the wheels, the other functions as an integrated starter generator. This configuration delivers a commendable 98 hp and 127 Nm of torque from the Atkinson Cycle petrol mill, and 109 hp with 253 Nm of peak power and torque from the second motor. Transmission duties are managed by an e-CVT automatic gearbox. Notably, the City hybrid achieves an outstanding best-in-class mileage of 26.5 km/l. In March 2024, the buyers are eligible to avail discounts worth upto Rs 1 lakh. The breakdown is as follows:
- Cash Discount – Rs 1 lakh
- Additional Dealer End Offers
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Honda Amaze
Finally, there is yet another Honda car on this list. Amaze is a compact sedan which rivals the likes of the mighty Maruti Dzire, Tata Tigor and Hyundai Aura in our market. It is a highly competitive space. Still, the Amaze has been able to hold its own for a long time now. It comes powered by a 1.2-litre petrol engine which generates a decent 88 hp and 110 Nm of peak power and torque. The transmission duties are carried out by either a 5-speed manual or a CVT automatic gearbox. In this month, the buyers can enjoy discount offers of upto Rs 90,000 on the Amaze. This includes:
- Cash Discount – Rs 35,000
- Exchange Bonus – Rs 15,000
- Corporate Discount
- Loyalty Program
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Author’s Note
Providing discounts serves as an effective method to boost demand or liquidate existing inventory, a standard practice within the automobile industry. Therefore, if you’re in the market for a new car, it’s advisable to regularly review the current discount offerings across different models. Typically, there are incentives available on cars throughout the year. Conducting a brief investigation could effortlessly lead to savings when purchasing a car.