Is the lower Maruti Suzuki car GST rate enough to revive slowing car sales in tier-2 and tier-3 cities?
3 answer(s)
Answer # 1 #
It may not revive in one go, but it will at least stop the decline. Many buyers who were thinking of second-hand cars may now prefer new cars because the price gap has reduced. That will help revive demand slowly.
Answer # 2 #
Yes, definitely. Tier-2 and tier-3 cities are very price-sensitive. Even a difference of ₹30,000 can change the buying decision. With GST rate coming down, many families who postponed their purchase will now go ahead. Also, in small towns, Maruti dominates the market because of service network and trust. The GST cut will revive sales in these regions quickly.