Chaz Gaston (Secretary)

List of Contributed Questions (Sorted by Newest to Oldest)

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List of Contributed Answer(s) (Sorted by Newest to Oldest)

Answer # 1 #

Yes, it will reduce the price gap between new and used cars. If a new WagonR is cheaper by ₹60,000, many buyers will prefer new over used. Used cars will still sell, but their resale value may go down. The attraction of new cars has increased.

Answered for the Question: "Will the Maruti Suzuki car GST rate cut make entry-level cars more attractive than used cars?"