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  1. Pravakar Nayak
  2. New Car Deals & Offers
  3. Tuesday, October 02 2018
If I purchase a car through CSD Canteen, can I get exchange bonus and cash discount from dealer for my old car.
Admin Accepted Answer
0
Votes
Undo
Hello,

The Cash Discount component is reduced from ex-showroom Price so as to adjust applicable GST
For instance, suppose - Maruti Swift Lxi Exshowroom is Rs 4.99 Lakh and under CSD with 50% rebate on GST (GST Slab applicable is 14% + 1% Cess as against standard 28% GST + 1% Cess) the price comes adjusted to Rs 4.36 Lakh

Now any applicable Cash discount will even be adjusted against the CSD Price after applying GST on it
So, if Swift say running with Rs 20000 cash discount then post full GST - it turns out to be Rs 14500 approx. Thus the final price applicable in CSD Case will be Rs 4.22 Lakh

So - consumer offer discount are deducted from the applicable CSD Price effectively known as CSD Ex-showroom Price
Now - for exchange bonus - this is over and above and additional discount which will be calculated basis the valuation of Old car and exchange bonus will be added to it and will very much be applicable, but this amount will be adjusted by dealer either against road tax and insurance or he may hand over cheque of same to customer

Hope should help !!


  1. more than a month ago
  2. New Car Deals & Offers
  3. # 1
Vivek Accepted Answer
0
Votes
Undo
Hi Pravakar,

Did you get the discount from the dealer. Did you face any challenges or resistance. Any information you share would be beneficial, I am considering buying a car through CSD and when I visited the dealer, they were of the opinion that since I am getting GST benefit, I am not eligible for offers.


  1. more than a month ago
  2. New Car Deals & Offers
  3. # 2
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