Go Back   Team-BHP > BHP India > The Indian Car Scene


Reply
 
Thread Tools Search this Thread
Old 1st July 2017, 15:54   #421
BHPian
 
Join Date: Apr 2010
Location: New Delhi
Posts: 938
Thanked: 255 Times
Default

The new price of Jag XE is now 34.xx (that's a whopping 4 lacs price cut) lacs post gst. Not so long ago, the same car retailed at more than 40 lacs ex showroom.

Do we expect BMW, which has retailed at lower than Jag prices to now be priced even lower? Imagine the 10 lacs discounts ppl have reported getting?
And the OTR price for luxury marques may now be lower than 30 lacs after many many years.

Last edited by moralfibre : 4th July 2017 at 08:37. Reason: Typo.
Abhi_Automobile is online now   Reply With Quote
Old 1st July 2017, 15:56   #422
Senior - BHPian
 
Join Date: Mar 2011
Location: Back to Chndgrh
Posts: 2,003
Thanked: 2,451 Times
Default Re: GST effect on car prices?

Quote:
Toyota Kirloskar Motor is the first to report a steep decline in June 2017 sales numbers, due to GST.
I think Toyota's price increase of last month should be reported to profiteering committee for GST. They were the only manufacturer which increased prices in May & after GST benefits these will be essentially close to pre-may prices. They are aware of the buying capacities of customers and went ahead with an increase to maximise their profits. Wonder what's all extra they use on SUV/MUV's that got costly and all other sedans there is no change.

Quote:
LAN Rover have also announced the complete post GST prices.
Yes, here's complete list.
Attached Files
File Type: pdf New GST Prices on Land Rover Vehicles.pdf (591.7 KB, 216 views)

Last edited by Turbanator : 1st July 2017 at 16:02.
Turbanator is offline   (2) Thanks Reply With Quote
Old 1st July 2017, 16:33   #423
Newbie
 
Join Date: Mar 2009
Location: Bangalore
Posts: 16
Thanked: 6 Times
Default Re: GST effect on car prices?

New GSTprices announced on Maruti website. Brezza has 12k discount
Attached Thumbnails
GST effect on car prices?-screenshot_20170701163207.png  

krishnadevanur is offline   Reply With Quote
Old 1st July 2017, 17:14   #424
BHPian
 
vsun's Avatar
 
Join Date: Mar 2010
Location: Hyderabad
Posts: 65
Thanked: 32 Times
Default Re: GST effect on car prices?

Toyota India has updated the Price List in their website.
link: http://www.toyotabharat.com/pricelist/
Innova Crysta prices have been reduced by around 98,000/- to 1,36,000/- across the variants.
vsun is offline   (1) Thanks Reply With Quote
Old 1st July 2017, 17:26   #425
BHPian
 
y2ksrs's Avatar
 
Join Date: Sep 2011
Location: Chennai
Posts: 226
Thanked: 136 Times
Default Re: GST effect on car prices?

I thought post GST ex showroom price for a car model across the country would be the same. Is that not the case? I was looking at the updated price for Baleno Zeta CVT on the Nexa website and see that prices vary between Chennai, Delhi and Bengaluru.
Attached Thumbnails
GST effect on car prices?-screenshot_20170701172054.png  

GST effect on car prices?-screenshot_20170701172112.png  

GST effect on car prices?-screenshot_20170701172518.png  

y2ksrs is online now   Reply With Quote
Old 1st July 2017, 17:46   #426
BHPian
 
kvish's Avatar
 
Join Date: Jan 2006
Location: Bangalore
Posts: 577
Thanked: 110 Times
Default Re: GST effect on car prices?

The price decrease in CIAZ is disappointing. I thought the non hybrid versions should have seen a 8 percent decrease at the least, as it is over 4m.
kvish is online now   Reply With Quote
Old 1st July 2017, 17:56   #427
BHPian
 
vsrivatsa's Avatar
 
Join Date: Jan 2014
Location: Bangalore
Posts: 597
Thanked: 477 Times
Default Re: GST effect on car prices?

Quote:
Originally Posted by quadmaniac View Post
Any update on the meeting that was supposed to happen today between the gst council and the lease organizations? I'm desperately hoping that I don't have to pay 43% gst instead of 14.5% vat currently.
I could not find any information regarding this topic. It appears that this was not discussed in the meeting yesterday. So, we would need to wait for the next meeting.
vsrivatsa is offline   Reply With Quote
Old 1st July 2017, 18:05   #428
BHPian
 
damager21's Avatar
 
Join Date: Feb 2013
Location: Mumbai
Posts: 685
Thanked: 2,021 Times
Default Re: GST effect on car prices?

Quote:
Originally Posted by y2ksrs View Post
I thought post GST ex showroom price for a car model across the country would be the same. Is that not the case? I was looking at the updated price for Baleno Zeta CVT on the Nexa website and see that prices vary between Chennai, Delhi and Bengaluru.
This is because the GST legislation which was brought in last year empowers both Central and State government to continue levying excise duty, service tax and VAT till September 16, 2017.

This is one of the reasons why car manufacturers have not released a blanket pricing for all their models. They need to work on pricing for each of their models for each state.

The other possibility is that manufacturers are adding in handling and transportation charges before shipping the car.

But net-net unlike pre GST, the price has fallen significantly. If you look at Baleno Delta CVT, pre GST price in Mumbai was 7.40lacs. Currently the GST price for Mumbai and Delhi market is 7.02 lacs and 7.05 lacs respectively which is negligible.

So I will end up saving at least 40k on-road for this model. In a way GST is something to cheer for Mumbaikars planning to buy a new car. Can't wait to see the impact on SUVs
damager21 is online now   Reply With Quote
Old 1st July 2017, 18:10   #429
BHPian
 
SPARKled's Avatar
 
Join Date: Aug 2009
Location: Navi Mumbai
Posts: 915
Thanked: 283 Times
Default Re: GST effect on car prices?

Quote:
Originally Posted by vsun View Post
Toyota India has updated the Price List in their website.
link: http://www.toyotabharat.com/pricelist/
Innova Crysta prices have been reduced by around 98,000/- to 1,36,000/- across the variants.
This translates to an almost 2.5L on the top Z Auto variant. Its now 23.5L odd in Navi Mumbai vs 26L some time back.
SPARKled is online now   Reply With Quote
Old 1st July 2017, 18:17   #430
BHPian
 
LionX's Avatar
 
Join Date: Dec 2008
Location: Cochin / Bangalore
Posts: 499
Thanked: 509 Times
Default Re: GST effect on car prices?

Quote:
Originally Posted by Turbanator View Post
I think Toyota's price increase of last month should be reported to profiteering committee for GST. They were the only manufacturer which increased prices in May & after GST benefits these will be essentially close to pre-may prices. They are aware of the buying capacities of customers and went ahead with an increase to maximise their profits. Wonder what's all extra they use on SUV/MUV's that got costly and all other sedans there is no channge
Apart from the price hike on month of May, The GST pricing also looks suspicious. 2.1L flat reduction on all Fortuner models. How come the price reduction is same across all models, while the ex-showroom price is different
LionX is offline   Reply With Quote
Old 1st July 2017, 18:26   #431
BHPian
 
Join Date: Feb 2011
Location: -
Posts: 475
Thanked: 235 Times
Infractions: 0/1 (4)
Default

Ertiga VDi pricing jacked up by a whopping 96K ex-showroom Delhi. From 8.38 to 9.34.
Torquedo is online now   Reply With Quote
Old 1st July 2017, 18:35   #432
BHPian
 
Join Date: Nov 2009
Location: New Delhi
Posts: 61
Thanked: 16 Times
Default Re: GST effect on car prices?

Quote:
Originally Posted by LionX View Post
Apart from the price hike on month of May, The GST pricing also looks suspicious. 2.1L flat reduction on all Fortuner models. How come the price reduction is same across all models, while the ex-showroom price is different
This is not so, pls check the Toyota's official site for the exact prices.
As for Innova too, the price reduction is 98k-1.36k depending upon model and variant.
RickyC is online now   Reply With Quote
Old 1st July 2017, 18:35   #433
BHPian
 
Geo_Ipe's Avatar
 
Join Date: May 2011
Location: Vellore
Posts: 381
Thanked: 304 Times
Default

Does someone have any solid info on Hyundai Creta prices post GST? In Kerala, dealers were offering 67k off on OTR prices towards the end of June, saying there will be a slash of that much post GST!
Geo_Ipe is offline   Reply With Quote
Old 1st July 2017, 18:46   #434
BANNED
 
Join Date: Sep 2014
Location: noida
Posts: 130
Thanked: 102 Times
Infractions: 0/2 (10)
Default Re: GST effect on car prices?

Baleno prices went south by max 3k in delhi NCR, extremely disappointing
dhruvritzed is offline   Reply With Quote
Old 1st July 2017, 18:55   #435
BHPian
 
Join Date: Aug 2009
Location: Gurgaon
Posts: 179
Thanked: 70 Times
Default

Creta should be cheaper by atleast 70000 ex showroom so you save on that plus insurance and registration too.
hondacity is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
How to get on GST from OMR Chennai? Pedaltothefloor Route / Travel Queries 4 21st December 2012 22:29
Better Route - Chennai 2 Coimbatore via GST road or NH 4 ?? maheshmenon Route / Travel Queries 19 8th December 2010 09:42
NANO effect and EURO effect in Small Car market allwheeldrive The Indian Car Scene 8 15th June 2009 22:29
Directions to get to GST Road, Guindy, Chennai hydrashok Route / Travel Queries 8 10th May 2007 08:05
Effect of budget on used car prices sansjunk The Indian Car Scene 7 10th March 2006 18:20


All times are GMT +5.5. The time now is 23:16.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks