Learn more about new car deals and discounts in Chile

The automotive industry is reacting to the drop in new vehicle sales. In the first half of the year, registrations fell by 28% compared to the previous year, a figure that remains in any case within a positive range given the volume of people living in the country.

But the drop in sales has prompted the brands to take measures to mitigate the effects and begin to bring down the high stock of models present in the country, a situation that is far from what has been observed in recent years, when the lack of stock was widespread. , reservations had to wait months and prices skyrocketed.

Although prices remain high and a constant adjustment is not observed, the truth is that to increase sales they resort to a strategy that was common one or two decades ago, when in the months before September a series of discounts for the purchase of a new vehicle.

For these years, August was the month of discounts, since in September the change of year of the vehicle takes place and the models sold from this month are considered as from the following year (in this cases, from September they will be the year 2024 ). Then, over time, August was not enough and July was added to the period of offers and discounts. Those who remember those days will remember the many pages of offers that were covered in the newspapers.

But with the pandemic, that has changed. First there was the sharp decline in vehicle manufacturing as a result of Covid, which led to product shortages. And the models that arrived in the country were part of vast reserve lists, with prices that increased by 20% or 30%.

In this scenario, there was no room for discounts and the only attention obtained was to be registered on the famous waiting lists and that the car boarded a ship at some point, a process that could take several months. But the discounts, or gifts such as the payment of the circulation permit or the ecotax have completely disappeared.

Today brands are returning to promotions in order to attract consumers. And although they no longer cover the pages of newspapers, the various platforms on social networks are flooding these days with offers.

Regarding this phenomenon with cheaper prices for offers, Pía García, marketing manager of Aventura Motors, clarified that “the drop in prices is mainly explained by the drop in sales in the automotive sector, triggered among other things by a rate high interest on loans”. Credit has been the engine of car development in Chile, but in general the list price of cars remains the same, what has increased are the bonuses or discounts that importers give and the additional bonuses that financial companies give for buy the vehicle on credit. On average, this amount of rebate on 0km vehicles can reach up to $6,000,000 per car”.

On the reasons for these “low price” days, Rodrigo Labra, head of business planning at Hyundai, said that “there is indeed a drop in prices compared to previous months and it is linked to the regularization of production, supply and at a better exchange rate”. . Prices have been adjusted to this new situation, with discounts of up to 22% on some of our Hyundai models. »

Along the same lines, Federico Muñoz, commercial director of Changan, comments that “if we analyze the prices from the beginning of the year until today, we see that they have not fallen drastically. In the most extreme cases we’ve had a drop between 1% and 4%, but usually it’s the mix that changes due to the high rates, which often means the client has to get a higher price than one which will come to you with your rent and your foot”.

Regarding the overstock mentioned these days, Federico Muñoz adds that “the planning of many retail companies was not precise and, therefore, we had a higher supply than demand, which, in principle, lowers prices at the industry level.

Discounts off the list price are what generate the most interest these days when considering the possibility of buying a new car.

But not only discounts are offered, since benefits such as maintenance, green tax or traffic permits have also returned. And even football contributes to it these days.

Pía García, for example, foresees that “soon we will carry out a series of very attractive promotional actions, which include an additional bonus from Aventura Motors, so be very attentive to our digital channels and social networks. We will offer very competitive discounts on the well-known automotive brands that we sell through our network of branches located in the municipalities of Vitacura, Chicureo, Independencia, Quilicura and Maipú”.

Antonio Karmy, Commercial Director Great Wall and Haval, points out that “As Great Wall Motors, we are strengthening the test drive activities of our customers, both Haval and Great Wall, because we believe it is essential when it comes to is about choosing us. In addition, in order to give you a better deal, we have usually included all vehicle documentation, i.e. registration certificate and green tax, free of charge. This is in order to help our customers to be able to acquire the vehicle they want”.

At Hyundai they have also launched a special campaign, in fact Rodrigo Labra points out that “we are with a powerful marketing campaign called ‘Now is when! “, in which we invite our customers to discover the powerful offers we have available for them today. In addition, for the last units of 2023, we have additional promotions that include maintenance or green tax”.

Other attractions that have been added are on the football side. “At the offer level, we currently have brand and funding bonuses, with facilities such as ‘Buy today and pay in 4 months’, added to this we will offer incentives such as tickets to the home matches of La Roja, of which we are sponsors.Currently our most economical vehicle, the MG3, has an entry price of 8,990,000 with a mark and financing bonus, being one of the best options for those looking for their first vehicle,” commented Felipe Palma, SAIC Motor Sales Manager, manufacturer and MG Motor representative in Chile.

After taking a look at brand websites and social media platforms, some of the new car deals and discounts that consumers can find are as follows.

Of course, these offers There could be several in the next few days and virtually all of them are associated with established financing with a bank it is therefore always recommended to review the interest rate.

• X35: from $9,990,000 (bonus up to $3,900,000). First registration and free green tax.

• Tracker: bonus up to $3,100,000
• Groove: bonus up to $3,000,000
• Captiva: bonus up to $3,000,000
• Round: bonus up to $2,800,000
• Onix Sedan: bonus up to $2,700,000
• Onix Hatchback: bonus up to $2,150,000
• In addition, there are special 0% rate financing actions with Chevrolet Financial Services for Silverado ZR2 and Colorado models.

• New C3: from $9,990,000 with financing bonus up to $2,000,000

• Fastback $17,990,000 / list price $19,990,000 (1,00,000 mark bond and 1,000,000 financing) without financing $18,990,000
• Pulse drive MT $13,990,000 / list price $16,490,000 (1,500,000 mark bond and 1,000,000 financing) no financing $14,990,000
• Argo Drive: $12,990,000 (brand 500,000 bonds and 1,000,000 funding) unfunded $13,990,000
• Fiat Mobi like: $9,990,000 (800,000 brand bond and 1,000,000 financing) without financing $10,990,000

Poer Plus Automatic Diesel 4×2 Elite: $22,598,100 (VAT included). Total premium of $5,177,000

• Launch price of $14,990,000

• Vigus Plus 4×4: bonus up to $3,570,000 VAT included and green tax offered

• Soluto and Sportage: $150,000 bonus with Forum financing
• Seltos: bonuses up to 3,000,000
• Rio4: bonus up to $2,100,000
• Niro Hybrid: from $25,990,000 (bonus up to $1,700,000)

• Xpander Bond of $15,990,000 up to 2 million with Santander consumer

• Versa: from $13,890,000, with discounts of up to 5.5%
• Kicks: from $14,290,000, with discounts of up to 14.6%
• Qashqai: from $18,990,000, with discounts of up to 23.8%
• X-Trail: from $24,490,000, with discounts of up to 15%

• Corsa: from $16,790,000 (previous price $18,790,000)
• Crossland: from $18,990,000 (previous price $20,290,000)
• Mokka: from $19,990,000 (previous price $23,190,000)
• Granland: from $26,590,000 (previous price $28,690,000)

• 308 Allure Puretech 130 black pearl: $21,090,000 / list price $23,990,000
• e-2008 GT: $35,490,000 / list price $38,290,000
• Landtrek Active BlueHDi 180 4×2: $27,953,100 / list price $34,498,100
• Rifter Allure Puretech 130 EAT8: $20,590,000 / list price $22,590,100
• 5008 Allure THP 165 EAT6 package: $26,890,000 / list price $29,890,000
• 2008 Active Puretech 130 orange: $17,990,000 / list price $21,190,000
• 208 Style Puretech 75: $12,990,000 / list price 15,590,000
• 3008 Puretech 130 active pack: $21,890.00 / list price $24,890,000

• Korando: $16,490,000 (previous price $19,990,000)
• Tivoli: $19,490,000 (previous price $22,490,000)
• Musso Grand: $21,693,100 (previous price $24,978,100)
• Towers: $21,990,000 (previous price $26,990,000)
• Rexton: $39,490,000 (previous price $43,990,000)

• Ibiza MT 1.6: $13,190,000 / list price $13,990,000
• Reference Arona 1.6: $16,290,000 / list price $17,290,000
• Ateca Style 1.4t: $22,490,000 / list price $23,290,000

• Fabia MT 1.0: $16,690,000 (direct bonus 1,000,000) list price $17,690,000
• Scala 1.0 TSI AT – Ambition: $18,190,000 / list price: 19.6 $90,000 ($1,500,000 bonus)
• Octavia 1.4 TSI MT – Ambition: $20,990,000 / list price $17,990,000 ($3,000,000)
• Kamiq 1.0 TSI AT – Ambition: $18,690,000 / list price $19,890,000 ($1,200,000)
• New Karoq 1.4 TSI AT – Ambition: $24,790,000 / list price $25,990,000
• Kodiaq 1.4 TSI AT – Environment: $27,490,000 / list price $28,990,000

• G05 Pro Elite: $13,990,000 / importer bonus 1,000,000 list price $14,990,000

• Forester 2.0i AWD CVT X: $23,430,500 (list price $27,190,000)
• Outback 2.5I AWD FIELD EDITS $33,615,500 (list price $37,490,000)
• WRX Sport Wagon 2.4T AWD CVT $37,340,000 (list price $42,990,000)
• WRX Sport Wagon 2.4T AWD CVT Touring $38,340,000 (list price $42,990,000)

• S-Presso: $7,990,000 (includes brand bonus and funding)

• Yaris i MT $13,490,000 / list price $14,990,000

• XC90 II B6 TI PLUS. $66,900,000 Discount bond of $7,000,000 (with Forum funding)
• XC60 B5 TI PLUS. $47,900,000, $12,000,000 discount bond (with Forum funding)
• XC40 B4 PLUS: $38,900,000, $4,000,000 discount voucher (with Forum financing)
• VOLVO S60 B4 PLUS: $38,900,000, $8,000,000 discount (with Forum financing)