Ford Aspire
Ford AspireFord India

Planning to buy a car? We would say this is the right time as automakers are all out in the market with steep discounts and exciting offers. The latest one to warm the cockles of auto lovers' heart is US auto major Ford. The American carmaker is offering discounts and benefits on purchase of the Figo hatchback and the Aspire sedan.

While the Figo hatchback gets a price cut of Rs 29,000 for the top-end petrol model, the diesel variant gets Rs 60,000. The Ford Figo comes for a price tag starting at Rs 4.54 lakh (ex-showroom Delhi). The Aspire compact sedan's 1.2-litre petrol variants are now sold in the range of Rs 5.28 lakh and Rs 6.8 lakh with the price cut ranging from Rs 25,000 to Rs 91,000. The diesel variants' price has been reduced in the range of Rs 6.37 lakh and Rs 7.89 lakh with the reductions ranging between Rs 25,000 and Rs 91,000. Both the Figo and Aspire also get interest rate of 8.4 percent.

Under the hood, Ford Figo and Aspire pack three engine options -- 1.2-litre Ti-VCT petrol, 1.5-litre TDCI and 1.5-litre Ti-VCT motor -- and the transmission is taken care of by either a five-speed manual transmission or a six-speed dual-clutch automatic transmission.

The base model of Figo Aspire is powered by 1.2-litre Ti-VCT engine, which can churn out 87bhp of power at 6300rpm and 112Nm at 4000rpm of peak torque and comes mated to a five-speed manual transmission, whereas the 1.5-litre TDCi has a capacity to produce 98bhp of power and 215Nm of torque and comes with 5-speed manual gearbox. The third engine in the line-up, the 1.5-litre Ti-VCT, is tuned to produce 110bhp at 6,300rpm and 136Nm at 4250rpm of torque with 6-Speed dual clutch automatic gearbox.