To breakeven the loss incurred due to zero sales in April, carmakers are pushing sales in May with the help of heavy discounts of up to Rs 3.05 lakh
With the ease in lockdown for economic activities, carmakers are trying to make the best of this opportunity. Almost all the manufacturers are offering big discounts and attractive loan schemes over their product range. Mahindra is also participating in this race. The manufacturer is offering massive discounts over its BS-6 compliant models. Mahindra’s BS-6 lineup includes the Alturas G4, Scorpio, XUV500, Bolero, XUV300, and KUV100 NXT. It should be noted that Mahindra is not offering any benefits on the purchase of Marazzo, TUV300 or its Plus variant. A discount on these cars is expected once their BS-6 compliant models are launched in the market.
Mahindra will soon be updating the Marazzo, TUV300, and TUV300 with BS-6 compliant engine.
Starting with the flagship Alturas G4 first, Mahindra is offering a total discount of Rs. 3.05 lakh on this SUV. It comprises of a cash discount of Rs. 2.40 lakh, an exchange bonus of Rs. 50,000, and a corporate discount of Rs. 15,000. The XUV500 is offered with a discount of Rs. 49,000. It comprises of a cash benefit and an exchange bonus. The Scorpio, on the other hand, is offered with a total discount of Rs. 35,000, which includes a cash benefit of Rs. 30,000 and an exchange bonus of Rs. 5,000. The smaller Bolero can be bought with a cash benefit of Rs. 14,000.
The discounts on the smaller XUV300 and KUV100 Nxt vary according to the different variants. The maximum discount that is available on these cars is Rs. 69,500 and Rs. 79,800, respectively. On the XUV300, a cash benefit of Rs. 20,000 for the W4 variant, Rs. 25,000 over the W6 variant, Rs. 35,000 for the top-end W8/W8(O) variants is offered. These discounts are, however, not valid on the automatic variants. On the KUV100 Nxt, a cash discount of Rs 16,770 on the K2+ trim, Rs 23.220 cash discount for the K4+ trim, and Rs 38,055 cash discount on K6 and K8 variant is currently offered. Also, additional exchange and corporate bonus prevail on these Mahindra SUVs, which too vary according to buyer's preferred trim option.