Big New Year Discounts 2026: Save Up to ₹4 Lakh on Maruti, Tata, Mahindra & Hyundai

New year, new beginning, and new car! The year 2026 has begun, and the Indian automobile market is buzzing with activity. January is one of the trickiest yet most profitable times of the year for car buyers. While companies announce price hikes, dealerships flood their cars with New Year Car Offers 2026 to clear out their old stock. Car Offers 2026: Massive Discounts on Maruti, Tata, Mahindra & Hyundai (January Edition)

If you’re planning a new car, wait! Before you head to the showroom, it’s important to know the discounts on each vehicle. Should you buy a new 2026 model or a discounted 2025 model? Why is Mahindra offering discounts of up to ₹4 lakh on its electric SUV? And is there still a significant discount on the Tata Safari? Upcoming Discount Offers on Maruti Cars in January 2026: Complete List In this exclusive guide from “Motorcarverse,” we’ll answer all these questions. We’ll show you how to use your smart approach to secure discounts worth millions of rupees from dealers.

Understanding the “MY2025 vs MY2026” Game

When buying a car in January, you first need to understand the math behind the “Model Year” (MY). You’ll find two types of cars in the showroom:

MY2025 (Manufactured in 2025): These are vehicles that were manufactured on or before December 2025 and are parked in dealer stockyards.
- Advantage: Dealers are eager to sell these. You’ll get the highest cash discounts, free accessories, and exchange bonuses.
- Disadvantage: When you resell it, the registration on the RC will be of 2026, but the manufacturing will be considered to be of 2025, due to which the resale value may be slightly lower.
MY2026 (Manufactured in 2026): These are brand new vehicles manufactured in January.
- Advantage: New manufacturing date, better resale value.
- Disadvantages: Discounts are negligible and prices are often 2-3% higher.

Our advice: If you plan to keep the car for 5-7 years or more, choose the MY2025 model and take advantage of the discount. The difference in resale value will be offset over time.

Mahindra SUV New Year Offers 2026: Massive Discounts

Mahindra surprised everyone with discounts at the end of 2025, and this trend (on MY25 stock) is expected to continue in January 2026 as well.

1. Mahindra XUV400 (EV)

Mahindra’s electric SUV, the XUV400, is getting the biggest discount. To clear out old stock, it ‘s receiving discounts ranging from ₹4.00 lakh to ₹4.50 lakh. If you’re looking to switch to electric, there’s no better opportunity than this.

2. Mahindra XUV700

The waiting period on this flagship SUV has now been reduced. You can get benefits ranging from ₹ 1.20 lakh to ₹ 1.50 lakh on MY2025 models. Note that the facelift (XUV 7XO) is launching on January 5th, so dealers may offer even greater discounts on older models.

3. Mahindra Scorpio & Thar

Scorpio Classic: Discount of up to ₹ 1 lakh is possible on this.
Thar (3-Door): Due to the success of the Thar 5-Door (Roxx), dealers are offering discounts of up to ₹ 40,000 – ₹ 50,000 on the petrol variants of the 3-Door model.

Tata Motors New Year Offers 2026

Tata Motors had a great year last year, and they are looking to lighten their inventory in the new year.

1. Tata Safari & Harrier

If you choose a pre-facelift or MY2025 model of the Safari or Harrier, you can easily save ₹1 lakh to ₹1.25 lakh . This includes exchange bonuses and corporate discounts. Models equipped with ADAS are also offered with special discounts.

2. Tata Nexon & Punch

Don’t expect huge cash discounts on the country’s best-selling SUVs, the Punch and Nexon. However, you can expect to get a dealer-level benefit of ₹30,000 to ₹50,000 (including insurance benefits) on MY2025 stock.

3. Tata EV Range (Tiago & Nexon EV)

Competition is heating up in the EV segment. The Tiago EV and Nexon EV (MY25) are getting discounts ranging from ₹50,000 to ₹80,000 under the name of ‘Green Bonus’.

Maruti Suzuki New Year Offers 2026 (Arena & Nexa)

Maruti Suzuki has a lot of stock left for 2025, especially of its small cars and some premium models.

Nexa Showroom Deals

Maruti Jimny: To boost Jimny sales, the ‘Thunder Edition’ offers are expected to continue into January. You can expect significant discounts of ₹1.5 lakh to ₹2 lakh on MY2025 stock.
Maruti Grand Vitara: Offers ranging from ₹ 50,000 to ₹ 75,000 are available on hybrid variants.
Maruti Ignis: This is one of the most underrated cars on the Nexa market and always has offers of over ₹50,000.

Arena Showroom Deals

WagonR & Swift: Consumer offers are good on these cars. Savings can range from ₹40,000 to ₹60,000 on old stock.
Brezza: The Brezza is in high demand, so the cash discount on it is low, but you can save up to ₹ 20,000 in the form of exchange bonus.

Hyundai & Kia New Year Offers 2026

Korean companies are preparing for many new launches (like the new Kia Seltos) in January, so offers on older models are good.

Hyundai

Hyundai Tucson: In the premium SUV segment, the Tucson (MY2025) is available with a cash discount of up to ₹ 2 lakh .
Hyundai Grand i10 Nios & Aura: These small cars are getting discounts ranging from ₹ 30,000 to ₹ 45,000 (including CNG).
Hyundai Alcazar: Since its facelift has arrived, if there is any old pre-facelift stock left, dealers can give up to Rs 1 lakh on it.

Kia India

Kia Seltos: The new-generation Seltos is launching on January 2nd. This means dealers can offer benefits of up to ₹1 lakh to clear existing Seltos stock . This could be a smart buy.

Volkswagen & Skoda: Performance on Discount

German cars are known for their performance, and their discounts at the end/beginning of the year also deliver performance!

Skoda Kushaq & Slavia: Skoda is launching the Kushaq facelift in January. Therefore, you can get a discount of ₹ 1.5 lakh to ₹ 2 lakh on the current Kushaq. This could be one of the best ‘value for money’ deals at the moment.
VW Taigun & Virtus: Volkswagen is offering ‘deep discounts’ ranging from ₹ 1 lakh to ₹ 1.5 lakh on its MY2025 cars.

Honda Car Offers 2026

Honda currently has a limited portfolio, but their offerings are solid.

Honda City: The king of sedans is now available at a massive discount. You can save ₹80,000 to ₹1 lakh on the MY2025 City.
Honda Elevate: Offers up to ₹ 50,000 are also available on this SUV.

How to Negotiate the Best Deal in January 2026?

Don’t just go to the showroom based on an advertisement. To truly benefit from the New Year Car Offers 2026, you’ll need to negotiate smartly with the dealer. Here are some pro-tips:

Ask specifically for MY2025 stock: Ask the dealer directly, “Do you have December 2025 stock?” They will likely offer you a higher discount upfront because they are compelled to sell that vehicle.
Insurance is Your Weapon: Insurance premiums quoted by dealers are often up to 40% higher than market rates. Check the policy online and ask the dealer to match. You can easily save ₹15,000–₹25,000 here.
Handling Charges are Illegal: If there is a ‘handling’ or ‘logistics’ charge included in the quotation, strictly ask for it to be removed.
Accessories: Avoid accepting free accessories in exchange for a discount. Ask for a cash discount, as you can get them installed at a cheaper rate later.
Month-End Strategy: If possible, go in the last week of January (January 25-30). Dealers are under pressure to meet their monthly targets, and may offer you a better deal.

Impact of Upcoming Launches on Discounts

Several major car launches are taking place in January 2026, which will impact existing car offers:

Mahindra XUV 7XO (XUV700 Facelift): Due to its launch (January 5), discounts have increased on the existing XUV700.
New Kia Seltos: Due to the fear of the new Seltos, there will be pressure of offers on Hyundai Creta and Maruti Grand Vitara also.
Maruti e-Vitara: With the arrival of Maruti’s electric car, the discount on Tata Nexon EV may increase further.

Conclusion: Start 2026 with a Smart Save

In short, New Year Car Offers 2026 is a golden opportunity for those who do not run after the “latest” but give importance to “value”.

If your budget is 10-15 lakh, then the discounts available on Skoda Kushaq or Kia Seltos (Current Gen) are the best.
If you’re looking to go electric, the Mahindra XUV400 ‘s ₹4 lakh discount is hard to ignore.
If you want a rugged SUV, look at the MY2025 models of the Scorpio Classic or Safari .

Remember, these offers are valid only while stocks last. Visit your favorite dealership, take a test drive, and negotiate like a smart buyer. Motorcarverse wishes you all the best for your new vehicle!

Frequently Asked Questions (FAQ)

1. Is it better to buy a car in December or January? December has the most inventory, so there’s a greater choice (of colors/variants). However, in January, dealers are even more desperate to clear out the remaining 2025 stock, so the scope for negotiation increases a bit.

2. How much discount can I get on MY2025 cars in January 2026? This depends on the demand for the car. You can save ₹2 lakh to ₹3 lakh on slow-selling cars (like the Jimny, Citroen, Jeep). Savings on popular cars (like the Brezza, Creta) can range from ₹20,000 to ₹50,000.

3. Will car prices increase in January 2026? Yes, almost all car companies (Maruti, Tata, Hyundai, Mahindra) have announced a 2-3% price increase from January due to rising input costs. This increase will apply to new MY2026 cars.

4. Can I get a discount on newly launched cars like the XUV 3XO or New Swift? Newly launched cars typically don’t offer any cash discounts. However, you can ask the dealer for some free accessories or a small discount on insurance.

5. Are discounts available on CNG cars in January? Yes, Maruti and Tata are also offering good offers on their CNG cars (WagonR CNG, Tiago CNG) as the market is now flooded with CNG options.