Will the Maruti Suzuki car GST rate cut make entry-level cars more attractive than used cars?
2 answer(s)
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.