The new GST reforms are already proving to be a boost for the Indian automotive industry as car brands saw bumper sales on September 22, which was also the first day of Navratri.
Among all brands, the country’s largest carmaker, Maruti Suzuki, recorded 80,000 enquiries at customer touchpoints and fulfilled over 25,000 car deliveries nationwide.
The massive uptake in new car sales can be credited to the lower 18 percent GST that is being levied on small cars under 1,200cc and 4 metres in length. Considering Maruti Suzuki’s extensive portfolio of small cars, the carmaker doubled down on the opportunity and offered significant price cuts on popular models. Here is a before-and-after price comparison of five popular small cars from the brand that might fit your budget now.
1. Maruti Suzuki S-Presso GST Price Cut:
The carmaker seems to be betting big on the potential uptake of the S-Presso, post the new GST reforms. Maruti Suzuki has announced price cuts of up to Rs 1.29 lakh on the small car.
⦁ S-Presso Base STD Variant:
The S-Presso STD variant which was earlier priced at Rs 4.26 lakh ex-showroom, is now available for just Rs 3.55 lakh ex-showroom after a price reduction of Rs 76,600 under GST 2.0.
⦁ S-Presso Top VXi (O) S-CNG Variant:
The top-end VXi (O) S-CNG S-Presso is now more affordable by Rs 1.29 lakh when compared to earlier, post the GST tax cuts. Earlier, it was priced at Rs 6.11 lakh ex-showroom and the new price is Rs 4.81 lakh ex-showroom.
2. Maruti Suzuki WagonR GST Price Cut:
The top-selling WagonR has also seen big price cuts under the new tax rates. Here is a comparison between the base and top end variant.
⦁ WagonR Base LXi Variant:
The most affordable LXi variant of the WagonR, was earlier priced at Rs 5.78 lakh ex-showroom. This price has now been revised to Rs 4.98 lakh ex-showroom. The effective GST rate cuts on the WagonR LXi comes up to Rs 79,600.
⦁ WagonR Top ZXi Plus AT Dual-Tone Variant:
With the GST rate cut being consistent at Rs 79,600, prices for the top-end WagonR have now dropped from Rs 7.61 lakh ex-showroom to Rs 6.81 lakh ex-showroom.
3. Maruti Suzuki Swift GST Price Cut:
The popular Swift hatchback has also become a more appealing proposition under the new GST rate of 18 percent.
⦁ Swift Base LXi Variant:
The Swift Base LXi variant is now more affordable by Rs 70,100. The ex-showroom price for the variant has dropped from Rs 6.49 lakh to Rs 5.78 lakh.
⦁ Swift Top ZXi Plus AMT DT Variant:
Prices for the top-end Swift variant have dropped by Rs 84,600. Earlier priced at Rs 9.64 lakh ex-showroom, the most expensive Swift will now cost Rs 8.79 lakh ex-showroom.
4. Maruti Suzuki Baleno GST Price Cut:
The premium Baleno hatchback from Nexa, is also now more affordable as it qualifies for the lower 18 percent GST rate under the new rules.
⦁ Baleno Base Sigma MT Variant:
The Rs 6.74 lakh ex-showroom price tag for the Baleno Sigma MT has now come down to Rs 5.98 lakh ex-showroom. This marks a price drop of Rs 75,100.
⦁ Baleno Top Alpha AMT Variant:
The top-end Alpha AMT prices have dropped from Rs 9.96 lakh ex-showroom to Rs 9.09 lakh ex-showroom. This gives the Baleno top model a price drop of Rs 86,100.
5. Maruti Suzuki Dzire:
The top-selling sedan in the country has also become accessible to a larger set of customers under the new GST rates. Here is a price comparison of the bas e and top model.
⦁ Dzire Base LXi Variant:
The base model Dzire LXi is now more affordable by Rs 58,400. The ex-showroom price of the Dzire has dropped from Rs 6.84 lakh to Rs 6.25 lakh.
⦁ Dzire Top ZXi Plus AMT Variant:
The top-end Dzire is now priced at Rs 9.31 lakh ex-showroom, which is considerably lower than the earlier price of Rs 10.19 lakh ex-showroom. This marks a price cut of Rs 87,700 on the sedan.
It is not only Maruti Suzuki that is reaping the benefits of the new GST rates. Similar uptake in new cars was also recorded among popular brands on September 22 as well. Tata Motors delivered 10,000 cars and Hyundai India announced 11,000 dealer billings, marking its best performance in 5 years.