GST Effect: Ford Prices Slashed By Up To 4.5 Per Cent
Prices slashed by Rs 2,000 to Rs 1.61 lakh in Delhi, while in Mumbai, the price cut ranges between Rs 29,000 - Rs 3.38 lakh
Prices slashed by Rs 2,000 to Rs 1.61 lakh in Delhi, while in Mumbai, the price cut ranges between Rs 29,000 - Rs 3.38 lakh
It has been a few days since Goods and Service Tax (GST) came into effect and we’ve seen automakers wasting no time to get their vehicle prices down to start luring customers to their showrooms. While we’ve seen Maruti, Audi, Jaguar, Land Rover and Toyota complete this activity on July 1, Ford India has now joined the list. The Indian arm of the American carmaker has decided to reduce the prices of its vehicles by up to 4.5 per cent with immediate effect.
Also Read: Impact of GST On Car Prices In India
The prices will vary from state to state but the steepest decline is witnessed in Mumbai, where the burden of pre-GST tax structure was heavier than that of Union Territories like Puducherry and Delhi. In India’s financial capital, prices for Ford cars have been slashed by Rs 29,000 (for the Figo) and Rs 3.38 lakh (for the Endeavour).
Also Read: GST Effect: Toyota Slash Prices By Up To 12.29 Lakh
In Delhi, the price of the Figo hatchback has been reduced by Rs 2,000, while the EcoSport is now cheaper by up to Rs 7,800. The 7-seat Endeavour gets a price cut of up to Rs 1.61 lakh depending on the variant.
Here’s a look at the prices of all Ford models before and after the implementation of the new tax structure.
Prices: Ex-showroom Delhi
| Model | Pre-GST Price Range | Post-GST Price Range | Difference |
|---|---|---|---|
| Figo | Rs 4.75 - 7.73 lakh | Rs 4.73 - 7.62 lakh | Rs 2,000 - 11,000 down |
| Figo Aspire | Rs 5.45 - 8.29 lakh | Rs 5.415 - 8.159 lakh | Rs 3,500 - 13,100 down |
| EcoSport | Rs 7.18 - 10.76 lakh | Rs 7.102 - 10.713 | Rs 7,800 - 4,700 down |
| Endeavour | Rs 25.49 - 31.5 lakh | Rs 23.912 - 29.89 lakh | Rs 1.578 - 1.61 lakh down |
| Mustang | Rs 66.3 lakh | Rs 69 lakh | Rs 2.7 lakh up |
Prices: Ex-showroom Mumbai
| Model | Pre-GST Price Range | Post-GST Price Range | Difference |
|---|---|---|---|
| Figo | Rs 5.02 - 8.16 lakh | Rs 4.73 - 7.62 lakh | Rs 29,000 - 54,000 down |
| Figo Aspire | Rs 5.75 - 8.74 lakh | Rs 5.415 - 8.159 lakh | Rs 33,500 - 58,100 down |
| EcoSport | Rs 7.59 - 11.36 lakh | Rs 7.102 - 10.713 | Rs 48,800 - 64,700 down |
| Endeavour | Rs 26.94 - 33.27 lakh | Rs 23.912 - 29.89 lakh | Rs 3.028 - 3.38 lakh down |
| Mustang | Rs 70.03 lakh | Rs 69 lakh | Rs 1.03 lakh down |
Recently, Ford India discontinued all the manual variants of the Endeavour, thereby bringing the variant list down to just three from the earlier five. The only trim that has 4x4 system on offer now is the top-spec 3.2-litre 4x4 AT Titanium.
Also Read: GST Effect: Maruti Prices Drop 3 Per Cent, Smart Hybrids Get Expensive
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