Brand new cars now on offer at used ones' rates
Swaraj Baggonkar Mumbai Dealer price (Rs lakh) | Discounted price (Rs lakh) | Discount in % (approx) | Hyundai Sonata | Embera | 15 | 11-12 | 27 |
Ford Ikon 1.6 | Prodn halted | 6.5 | 5 | 23 |
Maruti Baleno | SX4 | 8 | 5.5 | 31 |
Maruti Vitara | New model | 14 | 10-11 | 29 |
Opel Corsa Sail | Phased out | 5 | 3.5 | 30 |
Hyundai Elantra | New model due | 11 | 9 | 18 |
Mitsubishi Lancer* | Cedia | 8.5-9 | 5-6 | 41 |
Fiat Palio | Palio Stile | 4.5-5 | 2.8-3 | 38 |
Hyundai Viva | Phased out | 6.75-7 | 4.5-5 | 33 |
Tata Indica | Indica Xeta | 4-4.3 | 3 | 30 |
*Although the company still makes the old Lancer, the Lancer Cedia has dented sales of the older model |
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Prices of premium models like the Honda Accord and the Toyota Corolla were also expected to fall once the company launched upgrades, people in the know said. |
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