BS4 and BS6 price gap to boost used car market
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“A number of BS4 models are now attracting hefty discounts. Given that their BS6 variants will cost Rs 10,000-Rs 50,000 more for petrol variants and Rs 50,000- Rs 1 lakh more for diesel variants, the price differential between a discounted BS4 car now and a BS6 car after April 2020 will be around 20%,” said Ashutosh Pandey, CEO, Mahindra First Choice Wheels. This, he said, will make used vehicles a better price-value proposition after April 2020.
CHENNAI: As the auto industry readies itself for a transition to BS6 emission norms, how will the used car market react to the shift? Pre-owned car marketeers say the price differential between a BS4 and BS6 vehicle will be sharp enough to make second-hand cars an attractive proposition, ensuring that the industry continues to clock double-digit sales growth throughout 2020.