GST Impact Small Cars

The impact of the GST cut has seen a number of options available for cars priced under ₹5 lakh.

The GST cut has reduced the prices of many cars, resulting in a wide range of options available for cars under ₹5 lakh.

Cars under ₹5 lakh government recently made significant changes to GST rates, reducing the prices of many everyday items. The auto sector has been particularly impacted by the GST cut. The government has reduced the 28 percent GST on small cars to 18 percent, resulting in significant price reductions for many cars. Many car manufacturers in the country have reduced their car prices and released new prices.

After the GST cut, the market now offers a wide range of car options that people can afford within a budget of up to ₹5 lakh. So, if you're planning to buy a car under ₹5 lakh this Diwali, you now have plenty of options. 

Maruti Suzuki Alto K10
The Maruti Suzuki Alto K10 has received a price cut of ₹1,07,600 after the GST cut, bringing its ex-showroom price to ₹3,69,900. Therefore, you can easily purchase the Alto K10 within a budget of up to ₹5 lakh.

Tata Tiago
Tata Motors has also significantly reduced the price of the Tata Tiago, bringing its ex-showroom price to ₹4.57 lakh. This makes this car a good buy within your budget. However, it may cost you slightly more than ₹5 lakh on-road.

Maruti Suzuki S-Presso
The company has reduced the price of the Maruti Suzuki S-Presso by ₹1.29 lakh, bringing its ex-showroom price to ₹349,900. Therefore, you can purchase this car within your budget of up to ₹5 lakh.

Renault Kwid
The Renault Kwid is also an affordable car that you can buy within your budget of up to ₹5 lakh. The ex-showroom price of this car is ₹4.30 lakh.

Maruti Suzuki Celerio
The company has reduced the price of the Maruti Suzuki Celerio by ₹94,100, bringing its ex-showroom price to ₹4.68 lakh. Therefore, you might want to consider buying this car.