Since GST has taken over the regular service tax, VAT and excise duty from the 1st of July 2017, the biggest concern for the automobile enthusiasts and prospective customers is which car they will be purchasing. Given the fact that the latest GST has been very unevenly or smartly distributed among the various segment of cars, the complexity of the situation has taken over.
Starting from the hatchbacks and the cars measuring below 4 metres in length, the C-segment sedans that range over 4 metres to the luxury cars and big SUVs, all of these now have their own share of taxes to be counted in and therefore, their own share of price hike of decrease.
According to the latest GST, buying a luxury car or even an SUV will attract taxes which are in excess to the regular hatchbacks, but the percentage of tax has been reduced than before. Getting in a little more detail will complicate it further.
So to make things easier for you, here are the top 5 cars that would be a great option to buy post the GST is implied.
BMW 320d Luxury Line
The 2016 classic model BMW 320d has received a price revision post-GST implementation. This luxury line car originally costed Rs. 42.7 lakh (ex-showroom, Delhi) after VAT and cess. However, after GST, the price has been reduced by Rs. 44,326 and it is now retailing for Rs. 42,25,674 (ex-showroom, Delhi).
The BMW 320d Luxury Line is a great option if a luxury sedan is what you are looking for. Powered by a 2.0-litre diesel engine, this variant of 320d is mated to an 8-Speed automatic transmission. It equips a wide range of modern features like Automatic Start/Stop, 3D Navigation, Electronic vehicle immobiliser etc.
Audi A4 (Diesel)
Another great option if you are looking for a diesel-driven premium sedan. The top variant, Audi A4 Technology, which was being sold for Rs 43.3 lakh, will now be retailing at Rs 42.66 lakh, a steep saving of Rs 64,000.
The Audi A4 35 TDI Technology runs on a 2-litre diesel engine that produces 188 bhp, and is mated to a 7-speed automatic transmission system. Flaunting the Audi’s latest design language, the car is loaded with features including 8.2-inch infotainment system, 9-inch rear seat screen, Bluetooth connectivity etc.
Toyota Fortuner 4×4 (AT Diesel)
The Toyota Fortuner 4×4 is a great option to go for if you are looking for a powerful SUV. Originally priced at Rs. 31.86 lakh, the Toyota Fortuner 4×4 is now retailing for Rs. 29.18 after GST. The price has reduced down by Rs. 2.68 lakh.
The Toyota Fortuner 4×4 driven on a 3-litre DOHC D-4D diesel engine displaces 2982cc of air. The car features a 6-speed automatic gearbox with manually shift gears and has a ground clearance of 225mm. The car comes with nice designed sliding cabins, an electric-opening tailgate, an auto up-down feature for all windows, a charging port etc.
Jaguar XJ (Diesel)
The eloquent luxurious four-wheeler, Jaguar XJ has received a price reduction and is now retailing at Rs 97.39 lakhs, while the pre-GST price stood at Rs 1.02 crore, which means roughly a reduction of 5 lakh from its initial price.
The Jaguar XJ (diesel) is powered by a 3 litre V6 Diesel engine that generates a maximum power of 275 ps at the rate of 4000 rpm and a peak torque of 600 Nm at the rate of 2000 rpm. The Jaguar XJ is a perfect blend of beauty, luxury and power, with its all-Aluminium body architecture which not only provides strength but also agility. Features like aconvenient cabin for the passengers, Full LED lights, and InControl touch pro are among the range of features that the four-wheeler has to offer.
Mercedes S500 Maybach
This luxury car from Mercedes, the Mercedes Maybach S500 has received a reduction of Rs 7 lakh in its price post-GST. Earlier the four wheeler carried a price tag of Rs 1.73 crores which will be reduced at around Rs 1.66 crore due to the aforesaid reduction in price.
The Mercedes S500 Maybach redefines theconcept of luxurious cars with its range of features and power deliverance. The four-wheeler gets a 4663 cc petrol led engine that churns up a maximum power of 459 bhp and a peak torque of 700 Nm mated with a 9-speed automatic gearbox transmission. The Mercedes S500 Maybach is often referred to as ‘World’s quietest production Sedan’ which has a long wheelbase along with rear seats beyond the door cut out and the specially designed Maybach logo.
The GST implementation has led to amajor reduction in prices of only the premium section cars while the small cars remained aloof. On the other hand, the taxes on services like insurance and registration related documentation have been increased, therebynullifying the benefit on some cars up to some extent. Thus the on road prices of small and medium cars remain more or less similar.
Having said that you can turn the GST implementation into your favour and own your dream car if you have a budget of buying a premium car.