Top Car Bargains of 2014: Hyundai, Ford and Toyota Target Buyers with Whopping Discounts up to ₹1.5 Lakh

With the New Year just around the corner, the leading automakers Hyundai, Ford and Toyota are at it again this time gearing up with steep year-end promotional discounts on both petrol and diesel models to woo the Indian buyers.

December promises to be an exciting month, not just for the buyers, but also for the car makers as they embark upon promotions to find the middle path between loss and profit as a result of the increase in production costs.

Typically, the car sales during the end of the year increase, as buyers look forward to a new beginning by revving on their vehicles in the New Year. Hence, to enhance the sales, auto majors like Ford, Hyundai, Toyota and Tata have plunged in for aggressive market-share grabbing – promotions by offering good exchange offers besides other benefits as they try disposing their old stock and stabilising their recently launched cars.

For buyers, this is indeed a good time to drive home their dream cars since the discounts range between ₹50,000 ₹to 1 lakh.

Ford India - Diwali Returns

Ford India is back now with Ford Diwali Returns, and this time with bigger and better offers up to ₹1.5 lakh. The offer will run across all Ford dealerships from 3-7 December 2014 and it comes with assured gifts worth up to ₹5 crore.

Surprisingly, Ford Endevour gets benefits up to ₹1.5 lakh. Other models like Fiesta, Figo and Classic offers a discounts of ₹54,000, ₹77,000 and ₹75,000 respectively. For the Fords' best-selling model EcoSport, though there is not direct price discounts on offer, the urban SUV is available at reduced interest rates for the customers who like to opt for financial schemes.

Endeavour – up to ₹1.5 lakh

Figo – up to ₹77,000

Classic – up to ₹75,000

Fiesta – up to ₹54,000

Hyundai India - December Delight

Korean car maker Hyundai joins the club by offering benefits up to ₹1.6 lakh. The small car offering of the company, Eon, enjoys a benefit up to ₹43,000, while other models like Santro and i10 gets ₹38,500 and ₹42,500 respectively.

A benefit of up to ₹14,000 on the petrol model of Hyundai's popular Grand i10 and up to ₹44,000 on its diesel model are also on the offer. Coming to the big cars of Hyundai, while the Xcent offers start from ₹15,000 and goes up to ₹48,000, Hyundai Verna and Elatra gets up to ₹70,000. The big discounts of ₹1.6 lakh comes with Hyundai's big car, Sonata.

Santro - up to ₹38,500

Eon - ₹43,000

i10 - ₹42,500

Grand i10

Petrol - ₹14,000

Diesel - ₹44,000

Xcent

Petrol - ₹15,000

Diesel - ₹48,000

Verna

Petrol - ₹43,000

Diesel - ₹69,000

Elantra

Petrol - ₹70,000

Diesel- ₹70,000

Sonata - ₹1.6 lakh

Toyota India - Remember December

Toyota is offering a benefit up to ₹35,000 on its Etios range, which includes standard insurance at ₹1 and Toyota genuine accessory range worth ₹12,000. The Etios Cross gets up to ₹40,000, while the Toyota Corolla and Innova also enjoys benefits up to ₹35,000.