If you are also thinking of buying your favorite Hyundai car in April 2025, then this news is very important for you. Hyundai Motor India Ltd. (HMIL) has officially announced that the prices of all their passenger cars will increase from April 2025.
The company has said that due to the increase in input cost, commodity prices and operational cost, the prices of cars will be increased by up to 3%. Now in such a situation, the question arises that which vehicles will be expensive? How much will it affect the pocket? Let’s know the complete details.
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Hyundai Creta, Exter
Hyundai has clarified that the price hike will be applicable on all cars, whether it is the budget segment Exter or premium SUVs like Creta, Venue, or the recently launched Creta EV. The prices will increase differently for each model and its variants. This means that the variant of your favorite car will also become expensive
Other Companies
Hyundai is not the first company to increase prices this year. Earlier, big companies like Tata Motors, Maruti Suzuki, and Kia have also announced price hikes from January 2025. While Maruti Suzuki will increase prices by 4%, Kia will also increase by 3%. However, Tata Motors has not yet cleared the percentage.
Why do prices increase in April
This is not a new trend. Every year at the beginning of the new financial year, most car manufacturers revise their vehicle prices. Sometimes in January, sometimes in April and sometimes even two to three times a year. The main reason for this is the increase in operational costs and the implementation of new norms.
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Discounts
If you buy your favorite Hyundai car before April, you may get amazing discounts. In March, most dealerships and automobile companies offer great offers to clear their old stock. Therefore, March can be the month for your dream car deal.