If you are thinking of finally putting the money down for your dream car then now might be the best time to splurge. After we had reported that Mercedes had cut prices from around 2 percent to 9 percent based on current tax structure and local taxes, its rivals, BMW and Audi have joined in as well. BMW has announced benefits upto 12 percent on ex-showroom prices which is total GST benefits and other benefits.
On select models you also have reduced rate of interest at 7.90 percent plus complimentary service and maintenance for 3 years, complimentary insurance for 1 year and assured buyback for 4 years. This is a limited period offer. Audi is also offering service packages where it is tailor made according to time, mileage plus according to individual needs and driving habits. It also covers full maintenance, warranty and wear and tear. This is valid till June.
All this is done to lure customers and keep demand as car buyers might wait for prices to reduce due to GST implementation.