Hyundai Cars Getting Pricier from April 2025 – Buy Now to Beat the Hike!
Hyundai Car Prices Expected to Surge from April 2025 – Creta, Exter, and More to Cost More
Intending to Buy a Hyundai? Here Is Why You Should Rush!
If you are ever considering buying a Hyundai car now would be the best time to start doing something about it. Hyundai Motor India Ltd. has confirmed that prices of all models of passenger cars will increase from April 2025.
No matter whether it is the budget friendly Exter or the pricy SUV Creta or Venue prices are expected to be higher. Even the new Creta EV will not be spared from this price hike.
Why Will There Be a Price Hike This Time in Hyundai Cars?
It is not that car prices are increased without reason. Hyundai cites increased input costs, rising commodity prices and enhanced operational overheads as their reasons for the hike.
Car manufacturers are in the habit of increasing the prices of their products when the cost of manufacture goes up so as to retain their margins. In this case, Hyundai cars will be experiencing 3% price rise making them more expensive in all segments.
What Will Be The Impact on Your Finances?
While Hyundai has confirmed that this will indeed be a hike it will vary from model to model and variant to variant. If you have set your eyes on a model of the Creta, Exter, or Venue, you may have to keep track of the new pricing afresh before you finalize your purchase since after April these models will become quite costly meaning that putting off your decision would cost you dough.
Other Automakers Will Increase Prices As Well
Not only Hyundai, but also Maruti Suzuki, Tata Motors, and Kia put their head on the block to announce the price hike earlier this year. An increase of 4% in the price is being announced by Maruti Suzuki while a 3% hike in price has been confirmed by Kia. Tata Motors hasn’t confirmed the percentage of hike still but a price increase looks certain.
What Makes Cars Expensive Yearly?
It’s not really a new trend. Car manufacturers are busy every other year revising their prices depending on production costs, fluctuations in the supply chain and regulatory changes. Sometimes it happens in January some years. It takes place in April and in rare cases the price revision takes place two or three times a year. Following this inflation and compliance to new government norms exert pressure upward on the pricing.
Should You Purchase a Hyundai Before April?
With the approaching price hike by Hyundai, there is no better time to act. Be it the economical Exter or a premium SUV like Creta getting one in your garage before April may save you considerably.
While the price transition continues across auto makers potential buyers should keep abreast of developments, so act promptly. Get it while it lasts the clock is ticking.
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