Auto maker Ford India is offering a discount of up to Rs 30,000 on its compact SUV EcoSport, Figo hatchback and Aspire sedan to bring the benefits of new tax rates under Goods and Services Tax (GST).
The company is offering a discount of Rs 20,000 - Rs 30,000 on EcoSport. The compact SUV will, now, sell between Rs 7.18 lakh and Rs 10.76 lakh. All prices are ex- showroom, Delhi.
On the other hand, Figo and Aspire will be now cheaper in the range of Rs 10,000 - Rs 25,000. The price of Figo will be between Rs 4.75 lakh and Rs 7.73 lakh, while Aspire compact sedan is priced between Rs 5.44 lakh and Rs 8.28 lakh. All prices are ex- showroom, Delhi.
Ford India, Vice President, Sales Vinay Raina said, “We are happy to pass on the expected benefits to the customers before actual implementation of GST.”
It is noteworthy that last week, German luxury car maker Audi reduced prices of its cars by up to Rs 10 lakh till 30 June 2017. The company sells a range of cars – from A3 sedan to A8 premium sedan, which prices range from Rs 30.5 lakh to Rs 1.15 crore.
Another German luxury car maker BMW also said that it is offering benefits of up to 12 percent including GST. Other benefits include 7.9 percent of low interest rate, complimentary service and maintenance for 3- year and one- year complimentary insurance.
In addition, Mercedes Benz has also announced to reduce prices of its products made in India by up to Rs 7 lakh. It has been announced under GST implementation.