50k Discounts On Honda Elevate Within 6 Months Of Launch | V3Cars
Honda have started offering discounts of Rs. 50,000 within 6 months of its launch. This is shocking considering that the SUVs in this segment from high volume brands like Maruti, Hyundai, Kia and Toyota don’t get discounts. At least not within 6 months of going on sale.
Why The Discounts? — Possible Reason 1
The cash discount is available across all variants and it does seem to indicate that the demand is drying up. The car is clearly out of its honeymoon period and Honda are doing what they can to weigh down the demand to match the supply side of the equation.
Why The Discounts? — Possible Reason 2
The other possibility for these discounts is that Honda are trying to reach the retail sales volume in this financial year. The discounts could help them reach their target figure. If this the case, then we should see the discounts disappear once we enter the 2024-25 financial year on April 1, 2024.
You can visit the following link to know more about the offers on other Honda cars like the Amaze and City:
Honda Car Offers For March 2024 , Amaze, City, Elevate
Here are the links to our articles on other brand car offer applicable in March 2024:
Hyundai Car Offers For March 2024 , i20, Nios, Aura, Venue, Verna
Maruti Suzuki Car Offers, March 2024 , Baleno, Dzire, Swift, Vitara
Note: Calculate Car Fuel Cost with V3Cars for India and Other Countries
Please note that regardless of the offers from the manufacturer, the dealer may or may not provide you with the same discounts. If there’s a surplus supply at the dealer’s end then you may be able to score a bigger discount with some negotiation. On the other hand, if there’s high demand and the car you want is sold out for the next few weeks, then the dealer may not honour the discounts promised by the brand. To be honest, you can’t do much about it other than shop around.
So, consider polishing up on your negotiation skills. We hope the tips highlighted in the following video helps you grab bigger chunk of discounts than you thought possible:
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Honda Cars in India
Elevate
₹11.91 - ₹16.43 lakh*
*Ex-showroom priceCity
₹12.08 - ₹16.35 lakh*
*Ex-showroom priceCity eHEV
₹19.00 - ₹20.55 lakh*
*Ex-showroom priceAmaze
₹7.20 - ₹9.96 lakh*
*Ex-showroom priceUpcoming Honda Cars
Amaze 2025
₹7.20 - ₹9.96 lakh*
*Expected PriceExpected Launch Dec 2024
ZR-V
₹20.00 - ₹25.00 lakh*
*Expected PriceExpected Launch Jul 2026
HR-V
₹12.00 - ₹16.00 lakh*
*Expected PriceExpected Launch Jun 2028
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