[Aniket6]

Guys, need help!!
I have been waiting a long time to buy either the T-Fort or the Endy and with great difficult prepared to shell out 35L big ones.
But just this week, prices went up further by Rs.3L OTR for both and dealers are saying its not possible to get the pre-hike prices.
I do not want to buy one now but the prices in a month or 2 comes down again and become a "bakra".

Whats your suggestion, is it safe to go ahead and shell out 38 big ones now hoping it wont reduce in next few months? or wait for some time and observe to see if any reduction in prices atleast with the festival season?

[Arjun Reddy]

Originally Posted by Aniket6

Whats your suggestion, is it safe to go ahead and shell out 38 big ones now hoping it wont reduce in next few months? or wait for some time and observe to see if any reduction in prices atleast with the festival season?

I am currently playing the waiting game for my purchase.Diwali will see some offers. Also Dec/Jan will be a good time. You might get a 17 model with some discounts.

[abhishek46]

Originally Posted by Aniket6

Guys, need help!!
I have been waiting a long time to buy either the T-Fort or the Endy and with great difficult prepared to shell out 35L big ones.
But just this week, prices went up further by Rs.3L OTR for both and dealers are saying its not possible to get the pre-hike prices.
I do not want to buy one now but the prices in a month or 2 comes down again and become a "bakra".

Whats your suggestion, is it safe to go ahead and shell out 38 big ones now hoping it wont reduce in next few months? or wait for some time and observe to see if any reduction in prices atleast with the festival season?

You can go ahead. Prices will not decrease now.
Atleast till next Budget.

[Torquedo]

Endy also jacked up from 23.91 to 25.08 Ex Delhi for the base 2.2.

[ece2k2]

Originally Posted by Aniket6

Whats your suggestion, is it safe to go ahead and shell out 38 big ones now hoping it wont reduce in next few months? or wait for some time and observe to see if any reduction in prices atleast with the festival season?

If you are not in a hurry, I would suggest you to wait until atleast December to have a look at the year end offers. Almost all companies would have exhausted their SUV inventory during the pre cess hike period and you may not get good discounts in the near future even on the slow movers. Let the stock build up over the next few months so that you can haggle some discounts during the end of the year.

[a4anurag]

Updated price list specific to Creta post the GST Cess hike

[civic-sense]

Originally Posted by civic-sense

The definition of SUV says, >4m length, >170mm GC and >1500cc engine.
The 1.4 petrol Compass should fail this test as the engine is 1400cc.

The definition of large car says, >4m length, >1500cc engine.
The 1.4 petrol Compass again fails this test as the engine is 1400cc.

The definition of mid sigment car says, >4m length, <1500cc engine.
The 1.4 petrol Compass passes this test.

So the cess hike should be 2%.

Did I get it right? Or not?

Originally Posted by serious_maniac

Knowing Govt, it is OR condition and not AND.

I would believe if GC>170mm - it is a SUV irrespective of length etc.
If engine >1500cc you are a mid size car
If engine >2000 cc it is a large car
small car definition remains same

So if you fall in more than one bucket, you will pay tax for where it is higher. So unless Jeep makes the GC lower by making the bumper lip thicker or dangle something meant to be broken it is a SUV.

~m

Well, the 1.4 petrol Sport got a 23K hike which is ~2% of the ex-factory. The diesels got higher hikes. So the petrol Compass is indeed categorized as a mid segment car and not SUV and hence attracts 2% cess.

Yep, I got it right.

[spyder_p8]

Originally Posted by quickdraw

Car is not a luxury if there is non-existent public transport. Most of our Metro cities aren't even completely covered by Metro rail yet.

A car beyond a Mid size hatch is a luxury in India. And a SUV is definitely is.
I stand by my logic. Considering the roads and the way we drive , bigger more powerful cars should be discouraged. On other taxes like Import Duty, well you chose to import a car and not buy one that is manufactured in this country. Separate topic altogether. None the less. Good move by the government.

[quickdraw]

Originally Posted by spyder_p8

A car beyond a Mid size hatch is a luxury in India. And a SUV is definitely is.
I stand by my logic. Considering the roads and the way we drive , bigger more powerful cars should be discouraged. On other taxes like Import Duty, well you chose to import a car and not buy one that is manufactured in this country. Separate topic altogether. None the less. Good move by the government.

Very myopic thinking, why should I be forced to buy a car with sub-par safety and features just because it is manufactured in the country. I pay a considerable amount of taxes and this is blatant looting from the tax paying citizen.

Also by your logic, my Mini Cooper is a small hatchback and should be exempted from all the taxes other than customs because it's small and efficient. Just proves that the government policies make absolutely no sense and are ill thought of.

[Sahil]

Are cars dealers allowed to put your company GST number in their office if the car is being bought on directors individual name? However, EMI and payments are being done by the company?

[spyder_p8]

Originally Posted by quickdraw

Very myopic thinking, why should I be forced to buy a car with sub-par safety and features just because it is manufactured in the country. I pay a considerable amount of taxes and this is blatant looting from the tax paying citizen.

Also by your logic, my Mini Cooper is a small hatchback and should be exempted from all the taxes other than customs because it's small and efficient. Just proves that the government policies make absolutely no sense and are ill thought of.

You seem to have limited knowledge of full range of vehicle that are manufactured and assembled in our country. Team-BHP has all the great reviews and first drive impressions of all major luxury cars. Some are CKD as well. They are no way behind the imported competitors when it comes to safety or features. Please go through them. And Mini Cooper is just a small hatchback ?


NOTE FROM MOD: Post edited. Please put your argument across in a logical and polite way. Do NOT resort to personal attacks and sarcasm.

[quickdraw]

Originally Posted by spyder_p8

You seem to have limited knowledge of full range of vehicle that are manufactured and assembled in our country. Team-BHP has all the great reviews and first drive impressions of all major luxury cars. Some are CKD as well. They are no way behind the imported competitors when it comes to safety or features. Please go through them. And Mini Cooper is just a small hatchback ?

Mini Cooper comes in 3 door and 5 door hatchback form. Here are some size comparisons for you with popular hatchbacks in India.

Mini Cooper
Length 3,821mm
Width 1,727mm
Height 1,414mm
Wheelbase 2,495mm

Hyundai i20
Length 4,035mm
Width 1,734mm (excluding mirrors)
Height 1,474mm

Maruti Suzuki Baleno
Length 3995
Width 1745
Height 1500

Please refrain from calling arguments ignorant if they are contrary to your point of view. A healthy discussion cannot thrive if you make up your mind that others on the forum are stupid.

[Turbanator]

Are cars dealers allowed to put your company GST number in their office if the car is being bought on directors individual name? However, EMI and payments are being done by the company?

Won't serve any purpose, GST is not available as ITC on Automobiles yet except for leasing and few limited segments. But you need to check Tax implications if the car is in name of Director ( Director PAN) whereas payments are done via Company ( Different PAN) unless its a proprietorship company. I may be wrong though but better you buy in company name only and sell to director at later date at book value ( depreciated value)

You can claim GST as ITC on any repairs or extra mods you do if Invoice of such is on your company name carrying correct GST number.

And Mini Cooper is just a small hatchback ? wow ? To end this ignorant discussion, i would rather agree with you

That's not a correct way to express your views, Yes Mini is a compact Hatchback

Some are CKD as well. They are no way behind the imported competitors when it comes to safety or features.

Agreed, Mercedes sell Maybach at around 1,80 Cr, perhaps what Quickdraw meant was the availability of certain features in a particular segment, like there are limited CKD hatchbacks with 6 or 7 airbags and stability controls.

[TusharK]

The Lok Sabha has passed a bill to hike GST cess on luxury cars from 15% to 25%. The GST (Compensation to States) Amendment Bill, 2017 seeks to replace the ordinance issued in September 2017 following recommendations by the GST Council. The move will boost funds and compensate states for the revenue loss following GST rollout.

Source: The Economic Times

Link to Team-BHP News

[pacman2881]

Originally Posted by TusharK

The Lok Sabha has passed a bill to hike GST cess on luxury cars from 15% to 25%.

So what are the slabs now? My understanding is -

Compact Petrol cars ( < 4m Petrol, < 1.2L) => 28%+1%
Sub Diesel cars ( < 4m, < 1.5L) => 28% + 3%

Mid Size (> 4m, < 1.5 L) => 28% + 15%

Luxury Cars (> 4m, > 1.5L) => 28% + 25%
SUVs ((> 4m, > 1.5L, > 170mm GC) => 28% + 25%