Team-BHP - GST effect on car prices?

Quote:

Originally Posted by damager21 (Post 4227667)

In Mumbai post GST
Honda Jazz V CVT now cheaper by 50k
Honda BRV V CVT now cheaper by 1 lac
Honda City VX CVT now cheaper by 76k
Honda City ZX CVT now cheaper by 81k

Is this because of any other component or only GST?

In Bangalore, City ZX sees a reduction of around 30k only.

Honda Cars cuts vehicle prices by up to Rs 1.31 lakh

Quote:

Honda Cars India has brought down prices of its models by up to Rs 1.31 lakh with immediate effect to help customers reap GST benefit.
The company has cut price of its hatchback Brio by up to Rs 12,279 and that of compact sedan Amaze by up to Rs 14,825.
Besides, it has slashed price of Jazz by up to Rs 10,031 and that of its recently launched model WR-V by up to Rs 10,064.
Price of mid-sized sedan City has been reduced in the range of Rs 16,510 and Rs 28,005. The BR-V prices will come down by up to Rs 30,387.
Its premium SUV CR-V has also seen a price drop of up to Rs 1,31,663. Honda is yet to decide on the revised pricing of Accord Hybrid.
The revised prices are for ex-showroom Delhi and will vary from state to state.

Source

Quote:

Originally Posted by CrAzY dRiVeR (Post 4227668)

Is this because of any other component or only GST?

In Bangalore, City ZX sees a reduction of around 30k only.

True that.
We were planning to get a Brio and the VX variant's ex-showroom has gotten around 18K cheaper.

Quote:

Originally Posted by CrAzY dRiVeR (Post 4227668)

Is this because of any other component or only GST?

In Bangalore, City ZX sees a reduction of around 30k only.

Octroi, which was applicable for Mumbai is redundant on account of GST, which is why the correction must have happened to a higher proportion compared to Bangalore.

P.S. I have taken a hit of 1.81K towards my purchase of CVT BRV and ZX City:D

Quote:

Originally Posted by riteshritesh (Post 4227674)

Octroi, which was applicable for Mumbai is redundant on account of GST, which is why the correction must have happened to a higher proportion compared to Bangalore.

Yup. Octroi is a major component that has reduced in Mumbai. WR-V S Petrol which was 8.20L before GST is now 7.74L after GST

Ford has also announced price drop upto 4.5%.

Mumbai gets the biggest cut of Rs 3 lakh is on Endeavour, Rs 28K on Figo due to abolition of LBT (Octroi).

Quote:

Automaker Ford India has decided to reduce vehicle prices by up to 4.5 per cent with immediate effect to pass on the GST benefit to the customers.

While the reduction in prices will vary from state to state, the highest cut will be in Mumbai with the company's flagship SUV Endeavour becoming cheaper by up to Rs 3 lakh.

Source

Quote:

Originally Posted by AkMar (Post 4227669)

Honda Cars cuts vehicle prices by up to Rs 1.31 lakh

Source

Quote:

The revised prices are for ex-showroom Delhi and will vary from state to state.

But why should the prices vary from state to state? What are the other states charging extra when compared to Delhi? For instance, the prices of Honda City are 22k more in Chennai than that of Delhi. Similarly Baleno pricing in Chennai is more than 12k than in Delhi. If all states are levying the same tax rates pan India, how can there be such drastic difference in price?

Quote:

Originally Posted by y2ksrs (Post 4227711)

I believe it is due to transportation/handling charges that are charged by the manufacturer and vary based on distance from their factory.

Quote:

Originally Posted by 84.monsoon (Post 4227720)

I believe it is due to transportation/handling charges that are charged by the manufacturer and vary based on distance from their factory.

If this is true, Bangalore should be having least ex-showroom prices for Toyota vehicles. Toyota factory is in Bangalore. But per Toyota website Bangalore price is higher than Delhi

Hyundai Creta prices
Mumbai
Petrol - Hyundai Creta SX+ - 11.19lacs
Petrol - Hyundai Creta SX+ AT - 12.15lacs
Diesel - Hyundai Creta SX+ - 12.64lacs
Diesel - Hyundai Creta SX(O) - 13.64lacs

Delhi
Petrol - Hyundai Creta SX+ - 10.99lacs
Petrol - Hyundai Creta SX+ AT - 11.95lacs
Diesel - Hyundai Creta SX+ - 12.43lacs
Diesel - Hyundai Creta SX(O) - 13.40lacs

Heard from a TATA motors person that the Hexa would see a 1.7 Lakh bucks price cut (forgot to ask if its ex showroom or on road price). Either ways the new prices will be out on Wednesday.

Other cars from Tata Stable may not see much change (they are reducing and jacking it back up again) primarily for Tiago and Tigor.

Quote:

Originally Posted by LionX (Post 4227736)

If this is true, Bangalore should be having least ex-showroom prices for Toyota vehicles. Toyota factory is in Bangalore. But per Toyota website Bangalore price is higher than Delhi

The reason why we are not seeing uniform price is because of this:
http://timesofindia.indiatimes.com/b...w/59416705.cms
"The government does not intend to use the "hammer" immediately to pull down prices, leaving it to market forces to guide companies to pass on the benefits of goods and services tax+ (GST) to consumers".

Looks like there is no monitoring on anti-profiteering. It is upto manufacturers to decide on pricing. I would not be surprised if some manufacturers increase price in a month or two.

Quote:

Originally Posted by damager21 (Post 4227756)

Old Prices -
Mumbai
Petrol - Hyundai Creta SX+ - 12.66lacs
Petrol - Hyundai Creta SX+ AT - 13. 74lacs
Diesel - Hyundai Creta SX+ - 14.27lacs
Diesel - Hyundai Creta SX(O) - 15.40lacs

Delhi
Petrol - Hyundai Creta SX+ - 11.97lacs
Petrol - Hyundai Creta SX+ AT - 12.99lacs
Diesel - Hyundai Creta SX+ - 13. 50lacs
Diesel - Hyundai Creta SX(O) - 14.56lacs

Quote:

Originally Posted by damager21 (Post 4227756)

Hyundai Creta prices
Delhi
Petrol - Hyundai Creta SX+ - 10.99lacs
Petrol - Hyundai Creta SX+ AT - 11.95lacs
Diesel - Hyundai Creta SX+ - 12.43lacs
Diesel - Hyundai Creta SX(O) - 13.40lacs

My local Hyundai Dealer hasn't been updated with the prices yet. Even Hyundai has not updated the prices on their website yet. Can you please state the source of these prices? please: