Impact of GST on new car prices

    Most models have become cheaper; notable exceptions are Maruti Ciaz and Ertiga SHVS with big increases owing to a 12.7 percent tax hike under GST.

    Published On Jul 01, 2017 06:41:00 PM

    77,485 Views

    Impact of GST on new car prices

    Also read: Impact of GST on new bike prices

    With GST now implemented, we take a look at its impact on car prices. While most vehicle categories were expected to see a reduction in taxation, it remained to be seen how much of this benefit was going to be passed down to the consumer.

    With the new tax structure now in effect, most cars from major manufacturers have seen reductions, but hybrids are subject to a 12.7 percent hike in effective tax. The move is a result of the government's drive to promote electric vehicles, as hybrids were reported to be gaining an undeserved advantage.

    Honda
    Honda has announced GST price cuts on various models ranging from Rs. 5,000 for the Amaze and upto Rs. 28,000 for the City. CR-V entry level variant is cheaper by 1,24,000 while the pricing for the Honda Accord hybrid remains the same.

    Honda car prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    Honda BrioRs 4.74- 6.87 lakhRs 4.66- 6.75 lakh
    Honda AmazeRs 5.59 - 8.52 lakhRs 5.58- 8.47 lakh
    Honda JazzRs 5.95 - 9.27 lakhRs 5.89 - 9.19 lakh
    Honda WR-VRs 7.75 - 9.99 lakhRs 7.66 - 9.91 lakh
    Honda CityRs 8.62 - 13.71 lakhRs 8.46 - 13.43 lalkh
    Honda BR-VRs 9.12 - 13.14 lakhRs 8.93 - 13.04 lakh
    Honda CR-VRs 22.64 - 26.79 lakhRs 21.53 - 25.47 lakh


    Maruti Suzuki
    Maruti Suzuki has updated its prices and is offering up to a 3 percent cut on most models, except the SHVS-equipped Ciaz and Ertiga diesels which get price hikes of Rs 1.88 and Rs 1.69 lakh, respectively, due to the increase in duty.
    Maruti prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    Maruti Alto 800Rs 2.46-3.67 lakhRs 2.45-3.72 lakh
    Maruti Alto K10Rs 3.27-4.12 lakhRs 3.26-4.11 lakh
    Maruti CelerioRs 4.04-5.24 lakhRs 4.03- 5.23 lakh
    Maruti WagonRRs 4.11-5.33 lakhRs 4.10-5.31 lakh
    Maruti SwiftRs 4.80-7.46 lakhRs 4.79-7.46 lakh
    Maruti DzireRs 5.45-9.41 lakhRs 5.42-9.39 lakh
    Maruti IgnisRs 4.59-7.80 lakhRs 4.56-7.54 lakh
    Maruti BalenoRs 5.28-8.43 lakhRs 5.27-8.42 lakh
    Maruti CiazRs 7.72-9.56 lakhRs 7.65-11.44 lakh

    Tata Motors 
    Following the rollout of GST, Tata Motors has announced a price cut of upto 12 percent in the range of Rs 3,300 to Rs 2,17,000 depending on the model and variant.

    Mahindra 
    Utility vehicle major Mahindra has announced a reduction in prices of large UVs, SUVs by an average of 6.9 percent. Prices of small cars have been cut by an average of 1.4 percent. However, hybrid vehicles will see a marginal increase in prices since the GST rates on hybrid vehicles are significantly higher, the carmaker said in a statement today. These price changes to end-customers will vary across states or even cities within a state, due to the differing levels of pre-GST local taxes.

    Toyota
    Innova Crysta prices have dropped by up to Rs 1.14 lakh and the Fortuner's by up to Rs 2.69 lakh. With GST making no differentiation between mild and full hybrids, the prices of the hybrid Prius and Camry (both full hybrids) too, have been hiked by Rs 5.24 lakh and Rs 5.1 lakh, respectively.

    Toyota car prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    Toyota Etios LivaRs 5.39-7.53 lakhRs 5.20-7.29 lakh
    Toyota Etios sedanRs 6.64-8.98 lakhRs 6.65-8.60 lakh
    Toyota Innova CrystaRs 14.20-21.40 lakhRs 13.30-20.07 lakh
    Toyota Innova TouringRs 17.79-22.15 lakhRs 16.67- 20.77 lakh
    Toyota Corolla AltisRs 15.87- 19.81 lakhRs 14.88-18.67 lakh
    Toyota FortunerRs 26.66-31.86 lakhRs 24.40-29.17 lakh
    Toyota Camry HybridRs 31.98 lakhRs 37.22 lakh
    Toyota Prius HybridRs 38.96 lakhRs 44.06 lakh

    Hyundai

    The Korean maker has finally announced new pricing for its models with a reduction of up to 5.9% 

     

    Hyundai prices post GST
    ModelPre- GST pricePost-GST price
    Eon3.32-4.60 lakh3.31-4.56 lakh
    Grand i104.59-7.37 lakh4.55-7.30 lakh
    Xcent5.38-8.41 lakh5.33-8.39 lakh
    Verna7.95-13.17 lakh7.84-12.62 lakh
    Creta9.28-14.63 lakh8.92-14.00 lakh
    Elantra13.00-19.31 lakh12.48-18.46 lakh
    Tucson19.00-25.01 lakh18.13-23.86 lakh
    Santa Fe29.58-33.00 lakh27.86-31.07 lakh

    Audi
    A
    udi has dropped prices across its range too. Here's what the models cost now:

    Audi car prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    Audi A3Rs 30.50-35.80 lakhRs 30.77-35.29 lakh
    Audi A4Rs 38.10-43.30 lakhRs 38.40-42.66 lakh
    Audi A6Rs 52.75- 53.75 lakhRs 51.93- 52.91 lakh
    Audi A8 LRs 1.15-1.20 croreRs 1.14-1.19 crore
    Audi Q3Rs 32.20-41.20 lakhRs 32.48-40.60 lakh
    Audi Q7Rs 72.90-80.95 lakhRs 70.12-77.84 lakh

    Land Rover
    All variants of the locally produced Discovery Sport and Evoque get cheaper with price cuts ranging up to Rs.4.28 lakh and Rs 4.43 lakh, respectively. Imported models, including the Range Rover Sport and Range, get price cuts on certain variants.

    Land Rover SUV prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    Land Rover Discovery SportRs 43.80-57.16 lakhRs 40.04-52.88 lakh
    Range Rover EvoqueRs 45.85-61.40 lakhRs 42.37-56.97 lakh
    Range Rover SportRs 86.80 lakh-1.77 croreRs 89.44 lakh- 1.78 crore
    Range RoverRs 1.57-3.47 croreRs 1.58-3.43 crore

    Jaguar
    Jaguar, too, has offered a significant reduction in the prices of its locally assembled models. The F-Type sportscar, though, is more expensive now.

    Jaguar prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    Jaguar XERs 37.25-46.34 lakhRs 34.64-43.21 lakh
    Jaguar XFRs 47.50-60.50 lakhRs 44.89-56.35 lakh
    Jaguar XJ petrolRs 1.03 croreRs 97.39 lakh
    Jaguar F-Pace SUVRs 68.40 lakh- 1.22 croreRs 67.37 lakh-Rs 1.10crore
    Jaguar F-TypeRs 2.04 - 2.59 croreRs 2.08 - 2.62 crore

    Mercedes-Benz

    The German brand has announced a reduction in prices ranging from about 2 percent to 9 percent across its India portfolio. The 'Made in India' cars (CLA, GLA, GLC, GLE, GLS, C-Class, E- Class and S -Class) especially benefit from the implementation of the GST.

    Mercedes-Benz prices post GST
    Model namePrice (Pre-GST)Price (Post-GST)
    A-ClassRs 27.57 - 28.58 lakhRs 27.45 - 28.45 lakh
    B-ClassRs 29.58 - 30.59 lakhRs 29.45 - 30.45 lakh
    GLA-ClassRs 33.12 - 36.24 lakhRs 30.65 - 36.75 lakh
    C-ClassRs 40.05 - 46.58 lakhRs 38.55 - 44.83 lakh
    E-ClassRs 55.80 - 69.00 lakhRs 54.56 - 67.49 lakh
    GLC-ClassRs 48.30 - 52.34 lakhRs 46.49 - 50.37 lakh
    GLE-ClassRs 64.32 - 67.49 lakhRs 62.89 - 72.06 lakh
    GLS-ClassRs 83.00 lakhRs 79.06 lakh
    S-ClassRs 1.21 - 1.33 croreRs 1.17 - 1.28 crore

    All prices in lakh, ex-showroom, New Delhi.


    Audi has dropped prices across its range too. Here's what the models cost now: 

     

    Model

    Pre-GST price

     

     

    Post-GST price

    A3

    30.50 – 35.80

    30.77 – 35.29

    A4

    38.10 – 43.30

    38.40 – 42.66

    A6

    52.75 – 53.75

    51.93 – 52.91

    A8

    115.35 – 120.72

    114.2 – 119.6

    Q3

    32.20 – 41.20

    32.48 – 40.60

    Q7

    72.90 – 80.95

    70.12 – 77.84

     

     

    Land Rover

     

    All variants of the locally produced Discovery Sport and Evoque get cheaper with price cuts ranging up to Rs.4.28 lakh and Rs 4.43 lakh, respectively. Imported models, including the Range Rover Sport and Range, get price cuts on certain variants.

     

     

    Model

    Pre-GST prices

    Post GST price

    Discovery Sport

    43.80- 57.16

    40.04-52.88

    Range Rover Evoque

    45.85-61.40

    42.37-56.97

    Range Rover Sport

    86.80-177

    89.44-178.53

    Range Rover

    157.88 - 347.00

    158.65-343.88

     

     

    Jaguar

     

    Jaguar, too, has offered a significant reduction in the prices of its locally assembled models. The F-Type sportscar, though, is more expensive now.

     

     

    Model

    Pre-GST prices

    Post GST price

    XE

    37.25 – 46.34

    34.64 – 43.21

    XF

    47.50 – 60.50

    44.89 – 56.35

    XJ (petrol)

    102.46

    97.39

    F-PACE

    68.40 – 122.78

    67.37 – 110.54

    F-TYPE

    204.31 – 259.21

    208.08 – 262.90

     

    Copyright (c) Autocar India. All rights reserved.

    Comments
    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now
    Search By Car Price
    Poll of the month

    BMW's 3 Series-based i4 EV costs Rs 69.90 lakh and has a claimed range of 590km. Would you:

    Buy the i4 and go green

     

    35.82%

    Buy the sporty M340i for Rs 65.90 lakh

     

    25.71%

    Buy the more premium 5 Series for Rs 64.90 lakh

     

    38.47%

    Total Votes : 1097
    Sign up for our newsletter

    Get all the latest updates from the automobile universe