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The Indian automobile market is witnessing a massive festive bonanza. Major auto giants like Tata Motors, Mahindra & Mahindra (M&M), BMW, Renault, and Maruti Suzuki have rolled out steep price cuts across popular models after the GST Council slashed tax rates on passenger vehicles.
Here’s a detailed breakdown of how much you save on cars like Scorpio, Thar, Nexon, Harrier, BMW X5, Renault Kiger, and Maruti Alto:
1. Why Car Prices Are Dropping?
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GST rate on cars cut from 28% + cess (up to 22%) to a flat 18–40%.
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On-road price reduction expected between 5–9% across segments.
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Passenger vehicles benefit the most due to the sharp GST drop from 45–50% to 40%.
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Analysts expect a 6–8% overall passenger car market growth this year.
2. Tata Motors – Up to ₹1.55 Lakh Cheaper 🚘
Effective from September 22, 2025, Tata is passing on full GST benefits.
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Tiago – ₹4,99,990 (↓ ₹75,000)
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Tigor – ₹5,99,990 (↓ ₹80,000)
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Altroz – ₹6,89,000 (↓ ₹1.1 lakh)
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Punch – ₹6,19,990 (↓ ₹85,000)
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Nexon – ₹7,99,990 (↓ ₹1.55 lakh)
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Curvv – ₹9,99,990 (↓ ₹65,000)
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Harrier – ₹14,99,990 (↓ ₹1.4 lakh)
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Safari – ₹15,49,990 (↓ ₹1.45 lakh)
3. Mahindra & Mahindra – Thar, Scorpio, XUV Prices Drop 💥
Only on ICE models (not EVs). Discounts up to ₹1.56 lakh.
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Bolero – ₹9,81,400 (↓ ₹1.27 lakh)
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Bolero Neo – ₹9,96,600 (↓ ₹1.27 lakh)
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XUV 3XO Petrol – ₹7,99,000 (↓ ₹1.4 lakh)
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XUV 3XO Diesel – ₹9,99,001 (↓ ₹1.56 lakh)
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Thar 2WD Diesel – ₹11,50,001 (↓ ₹1.35 lakh)
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Thar Roxx – ₹12,99,000 (↓ ₹1.33 lakh)
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Scorpio Classic – ₹13,76,599 (↓ ₹1.01 lakh)
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Scorpio N – ₹13,99,200 (↓ ₹1.45 lakh)
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XUV 700 – ₹14,49,000 (↓ ₹1.43 lakh)
4. Renault India – KWID, Kiger, Triber Now More Affordable 🇫🇷
Effective from Sept 22, 2025. Price cuts up to ₹96,395.
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Kwid – Up to ₹55,095 cheaper (new price starts at ₹4.29 lakh).
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Triber – Up to ₹80,195 cheaper (new price starts at ₹5.76 lakh).
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Kiger – Up to ₹96,395 cheaper (new price starts at ₹5.76 lakh).
5. BMW – Luxury Cars Now 8–10% Cheaper 🏎️
BMW cuts ₹1.6 lakh to ₹9 lakh across its lineup.
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X1 – ₹50.6 lakh (↓ ₹1.8 lakh)
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2 Series Gran Coupé – ₹45.3 lakh (↓ ₹1.6 lakh)
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3 LWB – ₹60.5 lakh (↓ ₹3.4 lakh)
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5 LWB – ₹72.4 lakh (↓ ₹4.1 lakh)
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X5 – ₹93.7 lakh (↓ ₹6.3 lakh)
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X7 – ₹1.25 crore (↓ ₹9 lakh)
6. Maruti Suzuki – Alto, Wagon R, Small Cars Set for Boost 🚙
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Alto – ₹40,000–50,000 cheaper.
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Wagon R – ₹60,000–67,000 cheaper.
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Maruti projects 10% sales growth in small cars due to GST cuts.
7. Market Impact & Buyer Benefits
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Small car sales revival: Expected 10% growth this year.
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SUVs & premium segment also benefit as tax capped at 40%.
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Luxury buyers save lakhs on BMW, Mercedes, and Audi models.
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First-time buyers & families get cheaper entry-level hatchbacks.
✅ Key Takeaway
The 2025 GST cut is reshaping India’s automobile market. From budget hatchbacks like Maruti Alto & Renault Kwid to SUVs like Tata Nexon & Mahindra Thar and luxury models like BMW X7, buyers can save ₹40,000 to ₹9 lakh.
👉 If you’re planning to buy a car, September 22 onwards is the best time to book!
⚠️ Disclaimer: Prices vary by city, variant, and dealer policies. Always confirm final on-road pricing with your local showroom.