Note- This is a developing story we will update this article with more brands as confirmations arrives from official sources
We are witnessing a major shift following the rollout of GST 2.0, which has significantly lowered tax rates on cars and two-wheelers. Automakers across segments have responded by announcing substantial price cuts, making vehicles more affordable for buyers.
Here is a confirmed list of carmakers who have passed on the GST befits to consumer with updated pricing across the range
Toyota has moved quickly to pass on the full benefit of India’s GST overhaul to customers, offering impressive discounts across its model lineup. SUVs leading the charge include the Fortuner (down ₹3.49 lakh), Fortuner Legender (down ₹3.34 lakh), Hilux (down ₹2.52 lakh), and Vellfire (down ₹2.78 lakh).
MPVs and hybrids also got leaner: the Innova Crysta dropped ₹1.80 lakh, the Innova Hycross ₹1.16 lakh, and the Camry hybrid by ₹1.02 lakh. On the more affordable side, compact models are now lighter on the wallet such as the Glanza (₹85,300 off), Urban Cruiser Taisor (₹1.11 lakh off), Rumion (₹48,700 off), and Hyryder (₹65,400 off).
The Bolero/Bolero Neo leads with the highest total savings of ₹2.56 lakh, primarily due to its generous additional benefits. The XUV 3XO presents an attractive entry point, starting at just ₹7.28 lakh, while also receiving the largest ex-showroom price reduction. Models like the Scorpio N and XUV700 also see substantial total savings exceeding ₹2 lakh. In contrast, the Thar and Thar Roxx have the lowest total benefits, as their additional offers are minimal.
Mahindra SUV Model
New Starting Price (₹ Lakh)
Ex-Showroom Price Reduction (₹ Lakh)
Additional Benefits (₹ Lakh)
Total Customer Savings (₹ Lakh)
Bolero / Bolero Neo
8.79
1.27
1.29
2.56
XUV 3XO
7.28
1.56
0.90
2.46
Thar
10.32
1.35
0.20
1.55
Scorpio Classic
12.98
1.01
0.95
1.96
Scorpio N
13.20
1.45
0.71
2.15
Thar Roxx
12.25
1.33
0.20
1.53
XUV700
13.19
1.43
0.81
2.24
Mercedes Benz India
Mercedes Benz has rolled out some of the steepest luxury car price cuts following the revised GST structure, with reductions ranging from ₹2.6 lakh to over ₹11 lakh across its portfolio. The entry-level A200d sedan is now priced at ₹45.95 lakh, down by ₹2.6 lakh, while the stylish C300 AMG Line has dropped by ₹3.7 lakh to ₹64.30 lakh.
Moving up the ladder, the GLA 220d 4MATIC AMG Line now costs ₹52.70 lakh, a saving of ₹3.8 lakh, and the GLC 300 4MATIC is revised to ₹73.95 lakh, cheaper by ₹5.3 lakh.
Larger SUVs have benefited even more, with the GLE 450 4MATIC revised to ₹1.07 crore, down by ₹8 lakh, and the GLS 450d AMG Line now at ₹1.34 crore, a straight ₹10 lakh drop. The popular E-Class LWB 450 4MATIC is ₹6 lakh lower at ₹91 lakh, while the flagship S 450 4MATIC enjoys the biggest cut of all, down ₹11 lakh to ₹1.88 crore.
Model
Old Price (₹)
New Price (₹)
Reduction (₹)
A200d
48.55 lakh
45.95 lakh
2.6 lakh
C300 AMG Line
68.00 lakh
64.30 lakh
3.7 lakh
GLA 220d 4MATIC AMG Line
56.50 lakh
52.70 lakh
3.8 lakh
GLC 300 4MATIC
79.25 lakh
73.95 lakh
5.3 lakh
GLE 450 4MATIC
1.15 crore
1.07 crore
8.0 lakh
GLS 450d AMG Line
1.44 crore
1.34 crore
10.0 lakh
E-Class LWB 450 4MATIC
97.00 lakh
91.00 lakh
6.0 lakh
S 450 4MATIC
1.99 crore
1.88 crore
11.0 lakh
Tata Motors
Tata Motors has confirmed that it will transfer the entire benefit of the GST rate reduction on cars and SUVs to customers from September 22, 2025. The company emphasized that this move reflects its commitment to the government’s push for affordable, modern mobility and strengthens its “Customer First” philosophy.
Buyers across Tata’s diverse portfolio, from hatchbacks to SUVs, will now enjoy significant savings. The Tiago and Tigor become more budget friendly, while the Altroz and Punch offer extra value for small families. Bigger SUVs like the Nexon, Harrier, and Safarienjoy the highest reductions, with up to ₹1.55 lakh in savings.
With the festive season approaching, Tata expects a rise in demand and is encouraging customers to book early to secure timely deliveries.
Model
Old Ex-showroom Price
New Ex-showroom Price
Reduction
Tiago
~₹6.00 lakh
₹5.25 lakh (approx.)
₹75,000
Tigor
~₹6.50 lakh
₹5.70 lakh (approx.)
₹80,000
Altroz
~₹7.00 lakh
₹5.90 lakh (approx.)
₹1.10 lakh
Punch
~₹7.50 lakh
₹6.65 lakh (approx.)
₹85,000
Nexon
~₹10.00 lakh
₹8.45 lakh (approx.)
₹1.55 lakh
Curvv
~₹7.00 lakh
₹6.35 lakh (approx.)
₹65,000
Harrier
~₹15.00 lakh
₹13.60 lakh (approx.)
₹1.40 lakh
Safari
~₹15.50 lakh
₹14.05 lakh (approx.)
₹1.45 lakh
Renault India
Renault India has announced GST-linked price cuts across its entire portfolio, passing on benefits directly to customers. The brand’s compact hatchback Kwid, popular compact SUV Kiger, and family-focused Triber MPV are all now more affordable. Reductions range from ₹30,000 to ₹96,000, depending on the model and variant.
Model
Old Ex-showroom Price
New Ex-showroom Price (approx.)
Reduction
Kwid
~₹3.50 lakh (entry level)
₹3.20 lakh (approx.)
₹30,000
Kiger
~₹6.00 lakh (base)
₹5.25 lakh (approx.)
₹75,000
Triber
~₹6.40 lakh (base)
₹5.44 lakh (approx.)
₹96,000
BMW India
BMW India has announced significant price reductions across its sedan and SUV portfolio after the GST 2.0 revision. Customers will now enjoy savings ranging from ₹1.6 lakh on the entry-level 2 Series Gran Coupé to nearly ₹10 lakh on the flagship X5.
The 3 Series Long Wheelbase is now priced at ₹60.5 lakh, while the 5 Series Long Wheelbase has dropped to ₹72.4 lakh. The compact luxury SUV X1 now starts at ₹50.6 lakh, making it more accessible to first-time luxury buyers. Larger models like the X5 and X7 have also seen substantial price cuts, with the X5 down to ₹93.7 lakh from just over ₹1 crore.
Model
Old Ex Showroom Price
New Ex Showroom Price
Reduction
2 Series Gran Coupé
₹46.90 lakh
₹45.30 lakh
₹1.6 lakh
3 Series LWB
₹63.90 lakh
₹60.50 lakh
₹3.4 lakh
5 Series LWB
₹76.50 lakh
₹72.40 lakh
₹4.1 lakh
X1
₹52.40 lakh
₹50.60 lakh
₹1.8 lakh
X5
₹1.003 crore
₹93.70 lakh
₹9.6 lakh
Hyundai Motor India
Hyundai Motor India has confirmed that it will implement GST 2.0 benefits across its entire line-up, making its cars more affordable for customers. The reductions are effective from September 22, 2025, and extend from popular hatchbacks to premium SUVs.
The Grand i10 Nios now costs almost ₹74,000 less, while the i20 receives a price cut of nearly ₹1 lakh. The Venue compact SUV has become cheaper by over ₹1.2 lakh, further strengthening its position in the segment. The Creta, one of Hyundai’s best-selling models, has seen a cut of more than ₹72,000.
The largest saving is on the Tucson premium SUV which is now cheaper by ₹2.40 lakh.
Model
Old Ex Showroom Price
New Ex Showroom Price
Reduction
Grand i10 Nios
₹6.80 lakh
₹6.06 lakh
₹73,808
i20
₹8.50 lakh
₹7.52 lakh
₹98,053
Venue
₹10.90 lakh
₹9.66 lakh
₹1,23,659
Creta
₹11.50 lakh
₹10.78 lakh
₹72,145
Tucson
₹31.50 lakh
₹29.10 lakh
₹2,40,303
Škoda Auto India
Škoda Auto India has not only implemented GST-related reductions but also introduced special festive offers that further sweeten the deal. The new GST rates, effective September 22, 2025, reduce the cost of models such as the Kushaq, Slavia, and Kodiaq.
For buyers booking before September 21, Škoda is offering additional discounts, making this a highly lucrative period to purchase. The Kodiaq has received a GST benefit of up to ₹3.3 lakh, paired with a festive bonus of ₹2.5 lakh, totalling ₹5.8 lakh in savings.
The Kushaq compact SUV offers a total benefit of ₹3.16 lakh, while the Slavia sedan gets up to ₹1.83 lakh in combined reductions.
Model
Old Ex Showroom Price
New Ex Showroom Price
Reduction
Kodiaq
₹41.00 lakh
₹37.70 lakh
₹3.30 lakh
Kushaq
₹11.89 lakh
₹11.23 lakh
₹66,000
Slavia
₹11.29 lakh
₹10.66 lakh
₹63,000
Audi India
Audi India has announced significant price reductions following the implementation of GST 2.0, with customers saving anywhere between ₹2.6 lakh and ₹7.8 lakh on selected models. These revisions, effective from September 22, 2025, include key models across its sedan and SUV lineup. The compact Q3 SUV now starts at ₹43.07 lakh, down from ₹46.14 lakh, offering savings of around ₹3.07 lakh.
The flagship Q8 receives the largest benefit, with a price drop from ₹1.17 crore to ₹1.09 crore. Sedan models such as the A4 and A6 also see meaningful cuts, and premium SUVs like Q5 and Q7 are more accessible too.
Model
Old Ex Showroom Price
New Ex Showroom Price
Reduction
Q3
₹46.14 lakh
₹43.07 lakh
₹3.07 lakh
Q5
₹68.30 lakh
₹63.75 lakh
₹4.55 lakh
Q7
₹92.29 lakh
₹86.14 lakh
₹6.15 lakh
Q8
₹1.17 crore
₹1.09 crore
₹7.83 lakh
Kia India
Kia India has officially passed on the full benefits of GST 2.0 across its ICE portfolio, effective September 22, 2025. Customers can now save anywhere from ₹48,513 to ₹4.48 lakh, depending on the model. The Carnival gets the steepest cut of nearly ₹4.5 lakh, while popular mass-market options like the Sonet and Syros also see significant relief of over ₹1.5 lakh.
Model
Maximum Reduction
Sonet
₹1.64 lakh
Syros
₹1.86 lakh
Seltos
₹75,372
Carens
₹48,513
Carens Clavis
₹78,674
Carnival
₹4.48 lakh
JSW MG Motor India
JSW MG Motor has reduced prices across its SUV lineup starting September 7, 2025, in line with GST 2.0 reforms. The Astor now gets cheaper by up to ₹54,000, the Hector drops by as much as ₹1.49 lakh, and the Gloster offers buyers savings of up to ₹3.04 lakh. On top of these cuts, MG has introduced 100% on-road financing and a three-month EMI holiday, offering both immediate savings and flexible ownership options.
Model
Maximum Reduction
Astor
₹54,000
Hector
₹1.49 lakh
Gloster
₹3.04 lakh
Maruti Suzuki Arena
Maruti Suzuki Arena is offering strong benefits this festive season by combining the direct price reductions from GST 2.0 with additional exchange and festive bonuses. Customers can save as much as ₹1.73 lakh on the Swift ZXI+ AGS, while other popular models such as the Alto K10, Wagon R, and Dzire also receive significant relief.
The overall savings come from two layers:
Direct GST 2.0 benefit applied to the new ex-showroom price
Festive + exchange offers stacked on top
This dual benefit ensures a wide range of Arena models become more accessible and appealing, especially for budget-focused families upgrading during the festive season.
Model & Variant
New Price
Direct GST 2.0 Benefit
Festive + Exchange Offers
Total Benefit
Alto K10 VXI+ AGS
₹5,57,527
₹74,312
₹66,000
₹1,40,312
Alto K10 CNG VXI
₹5,67,590
₹71,401
₹61,000
₹1,32,401
S-Presso VXI+ AGS
₹5,49,295
₹73,214
₹61,000
₹1,34,214
Wagon R ZXI+ AGS
₹6,85,589
₹81,783
₹70,000
₹1,51,783
Celerio ZXI+ AGS
₹6,74,155
₹80,419
₹65,000
₹1,45,419
Eeco 5 STR AC
₹5,53,869
₹73,824
₹45,000
₹1,18,824
Swift ZXI+ AGS
₹8,68,535
₹1,03,606
₹70,000
₹1,73,606
Dzire ZXI+ AGS
₹9,32,109
₹1,11,190
₹5,000
₹1,16,190
Ertiga ZXI+ 1.5L AT
₹12,94,276
₹71,925
₹7,500
₹79,425
Brezza ZXI+ 1.5L AT
₹13,49,793
₹75,010
₹55,000
₹1,20,010
Nissan
Nissan India has announced a major price cut across the Magnite lineup following the introduction of GST 2.0. The updated tax structure reduces GST on cars from the earlier 28% + 1% cess to a flat 18%, making the Magnite significantly more affordable. Customers can now enjoy savings ranging from ₹52,000 to over ₹1.2 lakh depending on the variant.
This revision applies to all manual, EZ-Shift (AMT), and turbo CVT variants of the Magnite, making it one of the most competitively priced compact SUVs in India post-GST 2.0.
Variant
Pre-GST Revision (28% + 1% Cess)
Post-GST Revision (18%)
Difference (Benefit)
MT Visia
₹6,14,000
₹5,61,600
₹52,400
MT Visia+
₹6,64,000
₹6,07,400
₹56,600
MT Acenta
₹7,29,000
₹6,66,800
₹62,200
MT N-Connecta
₹7,97,000
₹7,29,000
₹68,000
MT Kuro Edition
₹8,30,500
₹7,59,600
₹70,900
MT Tekna
₹8,92,000
₹8,15,900
₹76,100
MT Tekna+
₹9,27,000
₹8,48,000
₹79,000
EZ-Shift Visia
₹6,74,500
₹6,16,900
₹57,600
EZ-Shift Acenta
₹7,84,000
₹7,17,100
₹66,900
EZ-Shift N-Connecta
₹8,52,000
₹7,79,300
₹72,700
EZ-Shift Kuro Edition
₹8,85,500
₹8,09,900
₹75,600
EZ-Shift Tekna
₹9,47,000
₹8,66,200
₹80,800
EZ-Shift Tekna+
₹9,82,000
₹8,98,200
₹83,800
Turbo MT N-Connecta
₹9,38,000
₹8,57,900
₹80,100
Turbo MT Kuro Edition
₹9,71,500
₹8,88,600
₹82,900
Turbo MT Tekna
₹10,18,000
₹9,31,100
₹86,900
Turbo MT Tekna+
₹10,54,000
₹9,64,000
₹90,000
Turbo X-Tronic CVT Acenta
₹9,99,400
₹9,14,100
₹85,300
Turbo X-Tronic CVT N-Connecta
₹10,53,000
₹9,63,100
₹89,900
Turbo CVT Kuro Special Edition
₹10,86,500
₹9,93,800
₹92,700
Turbo X-Tronic CVT Tekna
₹11,40,000
₹10,42,700
₹97,300
Turbo X-Tronic CVT Tekna+
₹11,76,000
₹10,75,600
₹1,00,400
Volkswagen
Volkswagen India has rolled out heavy festive season discounts on its lineup this September, offering benefits of up to ₹3 lakh across models. The biggest savings are being offered on the flagship Tiguan R-Line, while popular models like the Taigun and Virtus also come with attractive discounts.
The offers vary depending on the model and variant, with MY2024 stock of the Virtus seeing higher benefits than the current range.
Model & Variant
Maximum Discount
Volkswagen Tiguan R Line
Up to ₹3,00,000
Volkswagen Taigun GT 1.5 TSI
Up to ₹1,55,000
Volkswagen Virtus Topline 1.0 TSI
Up to ₹1,50,000
Volkswagen Virtus (MY2024 stock)
Higher than above
Volkswagen Virtus 1.5 TSI DSG
₹90,000
Volkswagen Virtus Comfortline
₹1,02,000
Volkswagen Taigun Topline 1.0 AT
₹1,10,000
Volkswagen Taigun Highline
Up to ₹1,00,000
Volkswagen Taigun Comfortline
₹80,000
Honda
Honda currently offers three models in India, all of which are set for significant price cuts under GST 2.0 reforms. Honda has announced major price cuts across its popular Amaze, Elevate, and City lineups after the GST 2.0 reform, with benefits going up to ₹1.2 lakh. The updated pricing makes the brand’s sedans and SUVs far more competitive, ensuring stronger value for money for Indian buyers.
From the entry-level Amaze to the premium City e:HEV, every model in the portfolio has received a revised ex-showroom price that enhances affordability while retaining Honda’s signature reliability and features.
Model
Variant
Old Price (₹)
New Price (₹)
Price Reduction (₹)
Honda Amaze
S MT
7,62,800
6,97,700
65,100
Amaze
S CVT
8,52,600
7,79,800
72,800
Amaze
V MT
8,09,900
7,40,800
69,100
Amaze
V CVT
9,34,900
8,55,100
79,800
Amaze
VX MT
9,19,900
8,41,400
78,500
Amaze
VX CVT
9,99,900
9,14,600
85,300
Amaze
ZX MT
9,99,900
9,14,600
85,300
Amaze
ZX CVT
11,19,900
9,99,900
1,20,000
Honda Elevate
SV MT
11,91,000
10,99,900
91,100
Elevate
V MT
12,39,000
11,96,200
42,800
Elevate
V CVT
13,59,000
13,12,100
46,900
Elevate
VX MT
14,10,000
13,61,300
48,700
Elevate
VX CVT
15,30,000
14,77,200
52,800
Elevate
ZX MT
15,41,000
14,87,800
53,200
Elevate
ZX MT Black Edition
15,51,000
14,97,500
53,500
Elevate
ZX MT Ivory
15,51,000
14,97,500
53,500
Elevate
ZX CVT
16,63,000
16,05,600
57,400
Elevate
ZX CVT Black Edition
16,73,000
16,15,300
57,700
Elevate
ZX CVT Ivory
16,73,000
16,15,300
57,700
Elevate
ZX CVT Dual Tone
16,83,000
16,24,900
58,100
Elevate
ZX CVT Dual Tone Ivory
16,93,000
16,34,600
58,400
Honda City
SV MT
12,38,000
11,95,300
42,700
City
V MT
13,14,900
12,69,500
45,400
City
V CVT
14,39,900
13,90,200
49,700
City
VX MT
14,21,900
13,72,800
49,100
City
VX CVT
15,46,900
14,93,500
53,400
City
ZX MT
15,39,900
14,86,800
53,100
City
ZX CVT
16,64,900
16,07,400
57,500
City
Sports CVT
14,88,900
14,37,500
51,400
City
e:HEV
19,89,990
19,48,200
41,790
Jaguar Land Rover
Jaguar Land Rover has introduced massive price cuts under GST 2.0 reforms, making its luxury SUVs more accessible in India. The flagship Range Rover, priced between ₹2.40 crore and ₹4.99 crore (ex-showroom Delhi), gets the steepest reduction, ranging from ₹4.6 lakh to ₹30.4 lakh.
The Defender, available at ₹1.05 crore to ₹2.79 crore, benefits from cuts between ₹7 lakh and ₹18.6 lakh. Meanwhile, the Discovery, priced from ₹93.9 lakh to ₹1.32 crore, offers reductions of ₹4.5 lakh to ₹9.9 lakh. These adjustments, effective with revised GST slabs, bring significant relief to buyers of premium SUVs in India.
Model
Ex-Showroom Price Range
Benefits Post-GST (Rs.)
Range Rover
₹2.40 Cr – ₹4.99 Cr
₹4.6 L – ₹30.4 L
Defender
₹1.05 Cr – ₹2.79 Cr
₹7 L – ₹18.6 L
Discovery
₹93.9 L – ₹1.32 Cr
₹4.5 L – ₹9.9 L
Jeep India
Jeep India has announced price cuts under GST 2.0 reforms, making its SUVs more attractive for buyers. With GST now capped at 40%, models like the Compass, Meridian, Wrangler, and Grand Cherokee receive significant reductions. The Compass, priced between ₹18.99 lakh and ₹32.41 lakh, now comes with savings of up to ₹2.16 lakh. The Meridian, costing ₹24.99 lakh to ₹38.79 lakh, gets benefits up to ₹2.47 lakh. The Wrangler, available at ₹67.65 lakh to ₹73.16 lakh, enjoys cuts of up to ₹4.84 lakh. The flagship Grand Cherokee, priced at ₹67.50 lakh to ₹69.04 lakh, is cheaper by up to ₹4.50 lakh.
Kumar Priyesh, Business Head & Director – Automotive Brands, Stellantis India, said: “The GST reform is a transformative step that brings clarity and affordability for customers. We are delighted to pass on the full benefit to our buyers, making the Jeep lifestyle more accessible than ever.”
Model
Ex-Showroom Price Range)
New GST Rate
Maximum Benefit
Compass
₹18.99 L – ₹32.41 L
40%
Up to ₹2.16 L
Meridian
₹24.99 L – ₹38.79 L
40%
Up to ₹2.47 L
Wrangler
₹67.65 L – ₹73.16 L
40%
Up to ₹4.84 L
Grand Cherokee
₹67.50 L – ₹69.04 L
40%
Up to ₹4.50 L
Volvo Car India
Volvo Car India has reduced prices on its internal combustion engine (ICE) portfolio under the GST 2.0 reforms, passing on savings of up to ₹6.9 lakh to customers. The revised prices take effect from September 22, 2025, and come alongside festive offers under the brand’s “Double Festive Delight” program. The refreshed Volvo XC60 (MY26) is now priced at ₹67.1 lakh, down from ₹71.9 lakh, giving buyers a benefit of ₹4.79 lakh.
The flagship Volvo XC90 (MY26) sees the largest cut, dropping from ₹1.04 crore to ₹96.97 lakh, with a reduction of ₹6.92 lakh. Battery electric models remain unchanged but continue under festive schemes.
Model
Previous Price
New Price
Benefit Post-GST
Volvo XC60 (MY26)
₹71.9 Lakh
₹67.1 Lakh
₹4.79 Lakh
Volvo XC90 (MY26)
₹1.04 Crore
₹96.97 Lakh
₹6.92 Lakh
Citroën India
Citroën India has confirmed that it will fully pass on the GST 2.0 benefits to customers across its entire ICE portfolio, effective from 22 September 2025. This announcement follows the recent launch of the Basalt X and C3X range.
Model
Price Cut (₹)
New Starting Price (₹, Ex-Showroom Delhi)
Citroën C3
84,000
5.99 lakh*
Citroën C3X
84,000
7.15 lakh*
Citroën Aircross SUV
Up to 50,000
9.99 lakh*
Citroën Basalt
Included in GST-adjusted pricing
7.95 lakh
Citroën Basalt X
Included in GST-adjusted pricing
7.95 lakh
Citroën C5 Aircross (Shine variant)
2.70 lakh
37.32 lakh
1. What is GST 2.0 and how does it impact cars in India?
GST 2.0 is the revised Goods and Services Tax structure introduced by the Government of India in September 2025. Under this reform, the tax on small cars and motorcycles up to 350cc has been reduced from 28 percent to 18 percent. Larger vehicles such as SUVs, sedans, and premium cars now fall under a simplified flat 40 percent GST rate, with the previous cess removed.
This change lowers the overall tax burden, leading to immediate reductions in ex-showroom prices across multiple segments.
2. From when are the GST 2.0 price cuts effective?
The revised GST rates officially take effect on September 22, 2025. Some automakers like Mahindra and Renault began applying reduced prices immediately, while others such as Tata Motors and Toyota will make them effective from the implementation date.
Buyers planning festive season purchases can expect all major showrooms to reflect the updated prices by late September 2025.
3. Should I buy a car now or wait further after GST 2.0?
If you are considering a new purchase, this is one of the best times. Prices are already revised downward by most automakers, and further cuts are expected from Maruti Suzuki, Hyundai, and Kia soon. If your preferred model is from these brands, waiting a few weeks may help you get the revised ex-showroom price.
Otherwise, booking now ensures timely delivery during the festive season rush when demand is expected to surge.
4. Does GST 2.0 also apply to electric vehicles (EVs)?
EVs continue to enjoy a separate tax structure under GST. The standard 5 percent GST rate for electric cars and scooters remains unchanged. This means GST 2.0 primarily impacts petrol, diesel, and hybrid cars, while EV pricing remains stable.
5. Will used car prices also go down after GST 2.0?
Indirectly, yes. While GST 2.0 applies to new vehicles, the drop in new car prices can put downward pressure on the used car market. Buyers may negotiate harder knowing new vehicles are cheaper, which could soften used car valuations in the short term.