Ahead of the BSVI norms that take effect on April 1, 2020, passenger vehicle makers are pulling out all stops to woo the buyers in a bid to beat the price hike of 8-15 per cent on diesel models
If someone is looking at buying a diesel car, there can’t be a better time. Ahead of the BSVI norms that take effect on April 1, 2020, passenger vehicle makers are pulling out all stops to woo the buyers in a bid to beat the price hike of 8-15 per cent on diesel models.
Based on the engine size and body type, the gap between the acquisition cost of a diesel vehicle and its gasoline counterpart, which is close to Rs 110,000 to Rs 115,000, is expected to go up to Rs 170,000 to Rs 200,000 once the new emission norms kick in.
Depending on the make and model, buyers of diesel variants can avail of several benefits ranging from a hefty exchange bonus, cash discounts, and extended warranty. The offers come amid one of the worst and prolonged slowdowns that the automobile industry is witnessing. Auto sales in India have been on a decline for the past 13 months. Companies are hoping to minimise the decline in volumes with the sales push during the festive season. The two-month-long festive season began with Ganesh Chaturthi on Monday.
“I think, this is best time to buy a BSIV diesel car,” said Shashank Srivastava, executive director, sales and marketing, Maruti Suzuki India. Rajan Wadhera, president automotive sector, Mahindra and Mahindra, also agreed. If one is looking to buy a diesel vehicle, personal or commercial, the time is now,” said Wadhera.
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