News in Short

• Skoda Kylaq leads the list with festive benefits of up to Rs. 90,000.
• Tata Nexon offers total benefits of up to Rs. 75,000.
• Nissan Magnite and Renault Kiger offer discounts of up to Rs. 72,000 and Rs. 65,000, respectively.
• Kia Syros completes the list with benefits of up to Rs. 55,000.
• Actual savings depend on the variant, eligibility and applicable schemes.

Diwali is an attractive time to buy a new car, with manufacturers and dealerships offering festive benefits across popular models. This year, several compact SUVs are available with discounts exceeding Rs. 50,000.

The Skoda Kylaq currently leads the list with benefits of up to Rs. 90,000. The Tata Nexon follows with savings of up to Rs. 75,000, while the Nissan Magnite offers up to Rs. 72,000. The Renault Kiger and Kia Syros complete the top five.

Here is a closer look at the discounts, eligible variants and prices of these five compact SUVs.

1. Skoda Kylaq: Up to Rs. 90,000 discount

The Skoda Kylaq offers the biggest festive benefit among the five SUVs. Buyers can get a dealer-level reduction of up to Rs. 40,000.

The offer also includes an exchange bonus of up to Rs. 30,000. Eligible customers can receive another Rs. 20,000 through corporate or loyalty schemes.

The Kylaq is priced between Rs. 7.60 lakh and Rs. 13.10 lakh (ex-showroom). It uses a 1.0-litre, three-cylinder turbo-petrol engine.

The maximum discount makes the Kylaq worth considering for buyers looking at a compact SUV during the festive season. However, the final benefit will depend on the applicable schemes and customer eligibility.

2. Tata Nexon: Up to Rs. 75,000 discount

The Tata Nexon ranks second with festive benefits of up to Rs. 75,000. However, the maximum offer applies to selected turbo-petrol manual variants.

These include the Smart+, Smart+S, Pure, Pure S, Pure+, Pure+ S and Pure+ PS trims. Buyers can receive a Rs. 10,000 cash reduction, Rs. 45,000 under the intervention scheme and Rs. 20,000 through the scrappage policy.

The benefits vary across the range. Nexon CNG versions qualify for offers of up to Rs. 60,000. Other petrol variants receive benefits of up to Rs. 55,000, while diesel trims get up to Rs. 20,000.

The Nexon offers 1.2-litre petrol, 1.5-litre diesel and CNG powertrain options.

3. Nissan Magnite: Up to Rs. 72,000 discount

The Nissan Magnite comes third with festive benefits reaching Rs. 72,000. The highest offer applies to the Visia AMT variant.

Turbo-petrol manual versions qualify for benefits of up to Rs. 71,000. Selected turbo-CVT variants also receive offers of up to Rs. 71,000.

The discounts on non-turbo manual variants range between Rs. 42,000 and Rs. 70,000.

The Magnite is priced between Rs. 5.69 lakh and Rs. 10.99 lakh (ex-showroom). It comes with a 1.0-litre naturally aspirated petrol or a 1.0-litre turbo-petrol engine.

4. Renault Kiger: Up to Rs. 65,000 discount

The Renault Kiger offers festive benefits of up to Rs. 65,000 on select 2026 model-year vehicles.

The Evolution+, Techno and Emotion variants receive cash benefits of up to Rs. 25,000. Buyers can also get an exchange benefit of up to Rs. 25,000.

The offer includes loyalty support of up to Rs. 10,000, subject to document verification. Eligible corporate customers can receive another Rs. 5,000.

The Kiger shares its platform, mechanical components and engine lineup with the Nissan Magnite. Its prices range from Rs. 5.81 lakh to Rs. 10.40 lakh (ex-showroom).

5. Kia Syros: Up to Rs. 55,000 discount

The Kia Syros completes the list with festive benefits of up to Rs. 55,000.

The offer includes an exchange benefit of Rs. 20,000 and a scrappage benefit of Rs. 20,000. Eligible corporate customers can receive an additional Rs. 15,000.

Kia is also offering a complimentary extended warranty for a limited period. The company has not specified the duration of this benefit in the supplied offer details.

The Syros is priced between Rs. 8.42 lakh and Rs. 15.82 lakh (ex-showroom). Its powertrain options include a 1.0-litre turbo-petrol and a 1.5-litre diesel engine. The range also includes a recently introduced electric version.

Which compact SUV offers the biggest Diwali discount?

The Skoda Kylaq offers the highest maximum benefit at Rs. 90,000. The Tata Nexon and Nissan Magnite follow closely, with benefits of Rs. 75,000 and Rs. 72,000.

However, buyers should compare the variant-specific offers before making a decision. Exchange, scrappage, loyalty and corporate benefits may require additional eligibility or documentation.

The advertised maximum discount may also differ from the amount a buyer can actually claim. It is worth checking the final on-road quotation with the dealership before booking.