The month of March 2026 has become the most special for car buyers. Car dealerships across the country are being given huge discounts to clear unsold vehicles of 2024 and 2025 model years. From small hatchback to premium SUV, discounts ranging from Rs 1 lakh to Rs 5 lakh are available in every segment.
Car manufacturers and dealers are working together to sell the old stock, as customers were waiting for the new model after the GST cut in September 2025. If you are planning to buy a new car, then this is a golden opportunity. Let us know which company is offering discount up to how much rupees.
old stock saved
According to Moneycontrol report, retail dispatch in 2025 was more than retail demand, due to which old inventory got accumulated at dealerships. This stock was prepared before September 2025. Now, despite retail sales increasing by 15 percent in February-March 2026, some dealers still have 2024-25 models.
According to the Federation of Automobile Dealers Associations (FADA), passenger vehicle inventory has come down to 27-29 days, but it is being cleared faster by giving discounts on older models.
Getting bumper discount
Many brands have started attractive offers. Maruti Suzuki is offering discounts up to Rs 1.44 lakh on Alto, Rs 1.92 lakh on Brezza and Rs 1.93 lakh on Grand Vitara. There is also a good saving opportunity on popular models like Wagon R, Swift and Baleno. Mahindra's 2025
5 lakh discount on this SUV
Skoda has decided to give a discount of up to Rs 5 lakh on its flagship SUV Kodiaq. A discount of up to Rs 3 lakh can be availed on VW Taigun, Rs 1.71 lakh on Tata Motors' Curvv EV, Rs 1.41 lakh on Nexon EV and Rs 1.20 lakh on Punch EV. Savings of around Rs 2 lakh are also possible on Honda's hybrid City sedan.
Golden opportunity, hit a four!
This discount is a golden opportunity for the customers. People who want to buy a budget car or family SUV can now buy a new vehicle at 10-15 percent lower price. However, these offers depend on the dealer and are applicable on certain variants only. Discounts may increase further with exchange, loyalty bonus or scrappage. In such a situation, your savings can run into lakhs by getting a car with better features at a lower price.