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Big discounts of up to Rs 2 lakh on Hyundai Kona EV, Grand i10 Nios, i20, i20 N Line, Aura



Hyundai Motor India is offering big discounts on select models until August 2023. Discounts on the Kona Electric, i20, i20 N Line, Grand i10 Nios, Aura, and Alcazar are available in the form of cash discounts, exchange bonuses, and corporate discounts. The Kona Electric, which has a range of 451 km on a single charge, has the most significant discount of up to Rs 2 lakh.


Hyundai Motor India is offering big discounts on select models until August 2023. Discounts on the Kona Electric, i20, i20 N Line, Grand i10 Nios, Aura, and Alcazar are available in the form of cash discounts, exchange bonuses, and corporate discounts. The Kona Electric, which has a range of 451 km on a single charge, has the most significant discount of up to Rs 2 lakh.

Introduction

For those looking to buy a new Hyundai, now is an excellent time to do so. Hyundai is offering discounts of up to Rs 2 lakh on models like the Kona EV, Grand i10 Nios, i20, i20 N Line and Aura. These offers provide a great opportunity to get huge savings on some of Hyundai's most popular models. Let's take a closer look at the discounts available and how you can benefit.

Overview of Hyundai's discounts

Hyundai has introduced attractive discounts across its lineup, but the highest discounts are available on the following models:

Kona EV

The electric SUV Kona EV has discounts up to Rs 1.5 lakh. This includes a cash discount of Rs 1 lakh along with additional exchange benefits.

Grand i10 Nios

The hatchback Grand i10 Nios has total benefits of up to Rs 53,000. This includes a cash discount of Rs 33,000 and an exchange bonus of Rs 20,000.

i20

For the premium hatchback i20, total discounts go up to Rs 40,000. It comes with an exchange bonus of Rs 20,000 and a corporate discount of Rs 20,000.

i20 N Line

The i20 N Line variant gets savings of up to Rs 45,000 which includes a cash discount of Rs 25,000 and an exchange bonus of Rs 20,000.

Aura

Finally, the compact sedan Aura has offers up to Rs 40,000 including Rs 20,000 cash discount and Rs 20,000 exchange bonus.

Details on discount amounts

The discounts vary for different variants and trim levels of the above models. Here are some specifics on the savings:

Savings on specific models

  • For the Kona EV, the high-end Kona Electric model with the long-range battery pack gets discounts up to Rs 1.5 lakh. The lower-spec Kona Electric model has offers up to Rs 1 lakh.
  • On the i20 Turbo variants, the total discount is Rs 20,000 while on the Nios Turbo it is Rs 40,000.
  • The top variants of the i20 N Line attract the maximum discount of Rs 45,000.

Additional offers

  • There is a corporate discount of up to Rs 4,000 on select variants of the i20 and Aura.
  • An additional scrappage discount of Rs 10,000 is applicable on the Grand i10 Nios and Aura, taking the total savings even higher.

Reasons for discounts

There are a few factors that have led Hyundai to offer such heavy discounts right now:

Slowing demand

The automotive market has seen a slowdown in demand post the COVID-19 pandemic. With prices rising and the economy still recovering, customers are holding back on big-ticket purchases.

High inventory

Due to reduced sales, Hyundai dealers have high inventory levels of many models. The discounts help liquidate this high inventory.

Competitive landscape

Other automakers are also offering discounts and deals at the moment. The discounts ensure Hyundai models remain competitive.

Who can benefit from discounts

The discounts make Hyundai cars more affordable and provide an excellent opportunity for:

  • First-time buyers looking for their first car.
  • Those wanting to upgrade from an older Hyundai model.
  • Customers looking for a premium feature-rich EV like the Kona Electric.
  • Those who want to swap their old car with a new one can take advantage of exchange discounts.
  • Corporates can get additional offers for fleet purchases.

When discounts end

The discounts are part of Hyundai's summer offers and are valid only for a limited period. The offers may end if stocks last or by the end of August 2022. So it's best to head to your nearest Hyundai dealer at the earliest to avail these excellent discounts.

Conclusion

Hyundai's huge discounts of up to Rs 2 lakh make its cars irresistible deals right now. It's a great time to get behind the wheel of a brand new Kona EV, Grand i10 Nios, i20, i20 N Line or Aura. With savings running into lakhs and additional corporate and exchange bonuses, you get to own your favorite Hyundai at a much lower price. But with limited stocks and the discounts ending soon, hurry to your Hyundai dealer before you miss out on this excellent opportunity.

FAQs

What is the maximum discount available on Hyundai cars?

The Kona Electric SUV has the highest discount of up to Rs 1.5 lakh available currently.

What discounts are offered on the i20 Turbo?

The i20 Turbo variants get a total discount of Rs 20,000 right now.

What makes the Grand i10 Nios eligible for maximum savings?

The Nios attracts savings of up to Rs 53,000 which includes a cash discount of Rs 33,000, highest among all models.

Can I avail of an exchange bonus on the Kona Electric?

Yes, the Kona Electric gets an additional exchange bonus of Rs 50,000 over the cash discount.

When do these Hyundai discounts and offers end?

Most likely by end of August 2022 or till stocks last. So visit your nearest dealer at the earliest.

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