If you are thinking of buying a new Maruti car or SUV, then it would be wise to hurry. There is news that Maruti Suzuki may increase the prices of its cars in 2025. This increase can be from 80 thousand to 1 lakh rupees, which can be heavy on your pocket.
This decision is being taken due to increasing production costs and new safety features. In such a situation, for those customers who are dreaming of buying their favourite Maruti car or SUV at the current prices, this may prove to be the last chance.
Maruti Suzuki will increase the prices of vehicles
India’s most popular car manufacturer Maruti Suzuki has given new news to its customers which can affect their pockets. The company has announced that the prices of all their vehicles will increase from January 2025.
This increase will be around 4%, which will be decided differently according to the model. This news can be especially disappointing for those who are planning to buy a Maruti car.
Why are the prices of Maruti cars increasing
Maruti Suzuki told in its press release that they have to take this step due to the increase in input cost and operational expenses. The company says that it always tries to keep the price of vehicles as low as possible so that the customers are not affected much. However, due to rising costs and economic pressure, it has become their compulsion to increase the prices.
How much will the cheapest car be affected
Maruti’s most affordable car Alto K10 is very popular among Indian customers. Its starting (ex-showroom) price is Rs 3.99 lakh. After the increase of 4%, its price will increase by about Rs 16,000.
Its top model, which is currently priced at Rs 5.96 lakh, can reach Rs 6.20 lakh after the increase. This change can affect not only the customers but also the market competition.
What is the option for customers
Maruti cars are known for their affordable price and reliable performance in the Indian market. But if you buy your favourite Maruti car before January 2025, you can avoid rising prices.
This is the right time for customers who are planning to buy a new car on a low budget. Keeping in mind the upcoming price hike and changing market conditions, it would be wise to make a quick decision.