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Old 8th December 2008, 18:37   #1
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Default Reduction in car prices!! Is it true?

Hi all!!

Is it true that all car prices will come down by upto 4% due to some reuction in something by the Govt.? cheers:
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Old 8th December 2008, 18:42   #2
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Yes. This is due to the 4% excise cut.

MAruti I think has already announced that their cars will be cheaper. Almost ALL car manufacturers are reducing the prices of the cars trying to interest people into buying them. Bikes will be cheaper by 1000-3000 Rs.

Tyres made in India should also get a price cut. Expect cheaper MRFs, Bridgestones, JKs, Apollos, etc.
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Old 8th December 2008, 18:46   #3
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So it will be on imports also, Im guessing. On BMW X3, I placed order last month and will be delivered to me in Feb 09.
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Old 8th December 2008, 18:49   #4
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If the cut is on excise duty I do not see why the prices of imports should go down. Excise duty is only applicable on goods which are manufactured in this country and hence imports do not get affected IMO.
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Old 8th December 2008, 18:54   #5
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Exclamation Thread exists

The thread for the 4% CENVAT cut exists -
http://www.team-bhp.com/forum/indian...ml#post1082793 (4 % reduction in car prices)
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Old 8th December 2008, 19:20   #6
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Hi this is already discussed in thread provided by Bouncer.

Please continue the discussion that thread.

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