SUVs Under ₹10 Lakh Get Cheaper After GST 2.0 | carzovo
The Indian automobile industry has entered a new chapter with the rollout of GST 2.0 reforms, and for car buyers, the biggest winners are SUVs priced under ₹10 lakh. This segment, already one of the fastest-growing in India, has now become even more attractive with significant price reductions ranging from ₹78,000 to ₹1.55 lakh, depending on the model and variant.
With compact and budget SUVs dominating the roads, the new tax structure has made cars like the Tata Nexon, Hyundai Venue, Renault Kiger, Maruti Brezza, and Mahindra XUV300 more affordable for Indian families.
In this detailed post, we’ll break down the impact of GST 2.0 on SUVs under ₹10 lakh, explore the revised prices, highlight buyer benefits, and analyze what this means for the Indian auto industry.
Why GST 2.0 Matters for Car Buyers
GST (Goods and Services Tax) has always played a critical role in car pricing. Under GST 2.0, the government has simplified tax slabs and reduced levies on mass-market vehicles, especially in the compact and budget SUV category.
Here’s why this update is a game-changer:
- Lower upfront costs → Significant reduction in ex-showroom prices.
- Higher affordability → More middle-class families can now purchase SUVs.
- Festive season boost → Price cuts timed perfectly for Navratri, Dussehra, and Diwali.
- Better financing options → Lower loan amounts mean easier EMIs.
Top SUVs Under ₹10 Lakh That Just Got Cheaper
Let’s take a closer look at the models that have benefitted the most from GST 2.0.
| SUV Model | Old Price (₹) | New Price (₹) | Savings (₹) |
|---|---|---|---|
| Tata Nexon | 8.15 – 9.99 L | 7.45 – 9.25 L | Up to 1.10 L |
| Hyundai Venue | 8.35 – 9.90 L | 7.70 – 9.20 L | Up to 1.05 L |
| Maruti Brezza | 8.50 – 9.95 L | 7.80 – 9.15 L | Up to 1.15 L |
| Renault Kiger | 7.99 – 9.70 L | 7.25 – 8.95 L | Up to 78,000 |
| Mahindra XUV300 | 8.60 – 9.98 L | 7.85 – 9.15 L | Up to 1.55 L |
(Note: Prices are ex-showroom-base model and vary by city and variants)
Buyer Benefits Post GST 2.0
- Entry-level SUV buyers win big – First-time car buyers can now afford compact SUVs without stretching budgets.
- Festive season timing – Discounts + GST cuts = Perfect deals during Navratri and Diwali sales.
- Stronger resale value – SUVs under ₹10 lakh are popular in the used car market, and reduced cost of ownership will keep demand strong.
- Fuel efficiency and safety – Many of these SUVs now come with 6 airbags, ABS, EBD, and 5-star safety ratings, making them safer and value-for-money.
Impact on Automobile Industry
- Volume sales boost – Carmakers expect a 20–25% increase in SUV sales in the under-10 lakh category.
- Increased competition – With almost every brand offering price cuts, competition is fiercer, which benefits customers.
- Urban & rural growth – Affordable SUVs will now penetrate deeper into Tier-2 and Tier-3 cities.
- Shift from hatchbacks to SUVs – Many hatchback buyers are upgrading to compact SUVs due to narrowed price differences.
🏆 Best Value SUVs Under ₹10 Lakh After GST 2.0
- Tata Nexon – Safest pick with a 5-star safety rating and strong feature list.
- Maruti Brezza – Great mileage and reliability for budget-focused families.
- Hyundai Venue – Tech-loaded SUV with premium interiors.
- Renault Kiger – Stylish and compact, best suited for urban buyers.
- Mahindra XUV300 – Spacious, powerful engine, now at its lowest price point.
Should You Buy Now or Wait?
- Buy Now → If you’re planning to purchase during the festive season, this is the right time. Prices are unlikely to fall further in the short term.
- Wait Later → If you’re looking for EV SUVs, waiting might help, as more electric versions under ₹10 lakh are expected in 2026–27.
Final Thoughts
The introduction of GST 2.0 has dramatically reshaped India’s compact SUV market. With savings up to ₹1.55 lakh, SUVs under ₹10 lakh have become the sweet spot for Indian families, young professionals, and even rural buyers.
Cars like the Tata Nexon, Hyundai Venue, Renault Kiger, Maruti Brezza, and Mahindra XUV300 now offer better affordability without compromising safety or features.
In short, GST 2.0 has made SUVs under ₹10 lakh the most value-for-money cars in India right now. If you’ve been eyeing one, this festive season could be the best time to book your dream SUV.
