Will luxury car prices drop?
Thanks to the revised GST rates, luxury car prices have dropped, making them more accessible. Here’s a look at updated prices across top brands. With the new GST slab, buyers will now pay 40% GST instead of the current 28% plus compensation cess. Since the cess is being removed, the overall tax burden actually comes down, which means car prices will drop noticeably once the new regime takes effect on September 22, 2025.
Why do luxury cars lose value?
Cars can lose a large portion of their value the moment you drive them off the lot. High-end luxury cars tend to depreciate the most. Factors that determine the rate of depreciation include mileage, quality, design, and consumer whim. Lexus is simply the personification of high resale value, and their vehicles just don’t depreciate like the rest of their peers. Read our analysis and view the Lexus depreciation curve here.
Is 2025 a good time to buy a vehicle?
Why 2025 Could Be a Great Year to Buy. Here’s why 2025 could be the perfect year to buy a car: Stable Interest Rates: Auto loans, an essential part of financing your car, may become more affordable as interest rates stabilize. Better Inventory: Supply chain improvements mean more choices and potentially lower prices. Now, the cost of tariffs is beginning to trickle down to car buyers. As 2026-model-year vehicles roll out, sticker prices are higher. Also, some vehicle choices are changing, due to automakers eliminating certain models and reducing features to adjust to tariffs.Here’s why 2025 could be the perfect year to buy a car: Stable Interest Rates: Auto loans, an essential part of financing your car, may become more affordable as interest rates stabilize. Better Inventory: Supply chain improvements mean more choices and potentially lower prices.For shoppers on the fence, here’s the big picture: waiting until 2026 could mean paying more. Some automakers are announcing price hikes for the 2026 model year, and others are being sneaky with higher ‘mandatory destination charges’ and other fees.For shoppers on the fence, here’s the big picture: waiting until 2026 could mean paying more. Some automakers are announcing price hikes for the 2026 model year, and others are being sneaky with higher ‘mandatory destination charges’ and other fees.
Will car prices reduce in 2025?
India’s auto buyers are set for savings as GST cuts take effect from September 22, 2025, with automakers passing on price reductions across small cars, SUVs, MPVs, and premium models. All cars will see a price revision following GST reduction. Car Prices in India to Rise from April 2025: Major Automakers Announce Hikes – Here’s What to Expect! Planning to buy a car? You might want to hurry. A car price hike in April 2025 is coming, with leading automakers announcing price increases across India.