Car Price Hikes in 2025: What Maruti, Hyundai, Tata & Others Are Raising and How It Affects Buyers
30 Dec 2024
4 min read
Several car manufacturers in India would now be increasing the prices of vehicles starting from January, provided you would want to buy one in the year 2025. Maruti Suzuki, Hyundai, Tata Motors, Mahindra, MG Motor, as well as luxury brands like Mercedes-Benz and BMW, have all made these announcements. Let's get into the details of knowing the announcement about preservation and why it is done along with the impact it would have on car buyers.
Key Details About the Price Hike
- Maruti Suzuki
Maruti Suzuki India's biggest manufacturer of cars will raise prices on all its models, up to 4 percent, with effect from January 2025. In a way, the increase is meant to absorb the inflation, fuel rising costs of inputs, and difficult operating conditions. This price increase will also affect service reports as a result of increased costs of maintaining and servicing vehicles. - Hyundai
Hyundai plans to increase the price of its models in the 2025 lineup between about ₹25,000. This increase is because of ongoing input cost hikes along with logistics. Hyundai vehicles, which keep up their reputation for reliability, will still have to undergo the regular vehicle history necessary to keep them up to peak performance even after these price changes. - Tata Motors
Tata Motors, which is known for Nexon and Harrier cars, has announced price increases on all Tata passenger cars. The reason for this has been production costs rising by the day and inflation. Consumers might consider getting familiar with service reports and looking at models with lower maintenance costs to keep their future expenses down. - Mahindra & Mahindra
Mahindra's SUVs will be costlier by 3% max. Such price changes are mostly attributed by inflation and aggressive commodity price increase. In this case, part costs have been absorbed by Mahindra; however, increased costs for cars can make their way to future expenses related to service for buyers. - MG Motor
Prices will increase in MG's range by 3% to 4% for all top-selling models like Hector and Gloster in the country's market. The increase accounts for challenges on logistics and production costs. This is the time when the consumer should check well into service history before adding his for a vehicle purchase. - Luxury Brands
Mercedes-Benz and BMW will hike prices by up to 3%. For example, Mercedes-Benz claiming to increase between ₹2 lakh and ₹9 lakh on models like GLC and Maybach S 680. Buyers of luxury vehicles are encouraged to pre-book their vehicles or sign up for a service contract, which gives predictability in cost.
Check: Auto Expo 2025: Key Dates, Exciting Highlights, and What to Expect!
Reasons for the Price Hike
Here is what the automakers have said for hiking their prices:
- Input Prices: Escalation in prices of inputs, such as raw material steel and aluminum.
- Logistics: The increasing cost of transport due to disturbance in the world supply chain.
- Changes in Value of Currency: Adverse currency exchange rate movements affecting parts imported.
- Inflation: Inflation in general increases the cost of operations and production.
These issues have put considerable pressure into the manufacturers, thus making even unavoidable price corrections.
How This Affects Car Buyers
- Higher Upfront Fees
There will be higher initial costs, of course. For prospective buyers looking to acquire a new car soon, it would be best to make the purchase prior to January of 2025 to enjoy 2024 prices. - Increased Costs for Maintenance
As the hike in prices occurs, it is usually found that increases occur in vehicle service and maintenance costs in the future. - Finance Effects
Higher rates could raise down payments and monthly EMI, thereby causing ownership to be a bit more expensive.
Know More: Discover the All-New Kia Syros
Tips for Potential Buyers
- Book Early
Finalizing your buying decision before December 2024 is an excellent way to escape the soon-to-happen price hikes. - Compare Service Reports
Before selecting a model, check out the service reports, identifying vehicles with lower maintenance needs, so that maintenance costs are saved. - Consider Pre-Owned Cars
Consider certified pre-owned vehicles as alternatives to reduce the impact of price increases on new vehicle purchases. - Search for Year-End Discounts
At the end of the year, most automakers offer spectacular discounts and promotions.
Conclusion
The price rises, which will be effective in January 2025, then underscore the necessity of making strategic decisions within the car-buying space-from inexpensive hatchbacks of Maruti Suzuki to well-loaded SUVs by Hyundai to luxury offerings from Mercedes-Benz-all the while making the car buyer act today. They are also regular check challan and none will have pending fines since both will ensure smooth ownership in the long run.
Also well-planned for your purchase and taking advantage of the offers before the end of the year can help you navigate through the price hikes in a good way.
Share:
Featured Articles
Navigating Your Car Insurance Claim: A Step-by-Step Guide
Dealing with a car accident is not at all easy, but knowing the ropes on how to go about an insurance claim can really help. Whether you had a minor scrape or a serious crash, the step-by-step procedure will help you manage your circumstances more efficiently. Here is a step-by-step detailed guide to assist you in filing a car insurance claim above all. Step 1: Ensure Safety Right after the collision, your first consideration must be that of safety: * Assess injuries and call emergency servic
1 May 20243 mins read
8 Tips to Get discounts on car insurance
Learn to maximize car insurance discounts without compromising coverage with our comprehensive guide.
19 Apr 20244 mins read
Is the Maruti Suzuki Grand Vitara Safe? Unveiling Its Latest Safety Ratings
As the automotive landscape continues to evolve, safety remains a paramount concern for car buyers, particularly in India. The Maruti Suzuki Grand Vitara, a product of the Maruti and Toyota joint venture, has emerged as a significant contender in the SUV market dominated by the likes of Hyundai Creta and Kia Seltos. But how does it stack up in terms of safety? Let's delve into the details of the Grand Vitara's safety features, awaited ratings, and the implications for those looking to buy a car
7 May 20243 mins read
Top 5 Cheapest Electric Cars in India: 2024 Edition
As the world progressively shifts towards sustainable mobility, India is not far behind, experiencing a significant uptake in electric vehicles (EVs). This shift is propelled by both governmental incentives and the innate cost-effectiveness of EVs compared to traditional internal combustion engine (ICE) vehicles. However, the adoption of EVs in India faces challenges such as range anxiety and the limited availability of charging stations. To aid potential buyers, this blog post highlights the fi
1 May 20243 mins read
Ford Endeavour 2024: Price, Launch Date & Specs in India
Prepare for the awesome launch of Ford Endeavour 2024 in India! Discover its price specs & even more. Boost your SUV experience today!
17 Apr 20242 mins read
Lexus UX review - Can it impress Indian buyers?
Lexus has launched a compact luxury electrified crossovers. This car is nothing if not unique, with a length of less than 4.5 meters, a radical design, and the likelihood of future availability driven by an electric powertrain, a powerful hybrid drive, or both. Those familiar with flora and fauna of the Indian subcontinent may ask what these compact beasts are doing in a world where size and perceived value walk hand in hand. The answer is simple: Lexus wants to test our market's response to th
20 Mar 20224 mins read
Yezdi Scrambler review - Nostalgia packed in modern machine
Thousands of 90s kids grew up with the Yezdi legend. Here is the Yezdi Scrambler review that might make you nostalgic and want to take a test ride. Design, features, and quality The Scrambler looks fantastic with a dirt-style front fender and a chopped rear mudguard. The Scrambler gets the rectangular engine casings that make it a Yezdi, unlike the Roadster. In addition to three ABS modes, the Scrambler offers a one-step adjustable footbrake lever and a USB type A and C charging port. Rear lug
1 Mar 20224 mins read
New Renault Duster is coming to India and is under work
Midsize monocoque SUV trend began in India due to the Renault Duster. Unfortunately, Renault failed to properly replace or evolve the Duster, enabling competitors to dominate the market. It might change if the brand's intentions to bring the next-generation Duster become a reality. Not only will the Renault Duster be new, but it will be built on the CMF-B platform. The next-gen Renault Duster is all-new After almost a decade, the famous Duster phased out of production in our country, but Renaul
11 Mar 20222 mins read
Volkswagen Virtus sedan unveiled globally, launch in May 2022
The all-new Volkswagen Virtus just made its world debut, and the sedan will go on sale for the first time in India. As a global midsize sedan, the Virtus is already available in over 25 countries, and the new model unveiled today is a made-in-India facelift. The Virtus will replace the Vento sedan in India. The new Volkswagen Virtus dynamic Line and the Performance Line offer 1.0 and 1.5 TSI variants, respectively, for the new model. Starting today, pre-bookings for Virtus are available. Desig
9 Mar 20223 mins read
Skoda Slavia review - Hottest sedan in its segment
Skoda specialises in sedans. From the first-generation Octavia, which established Skoda as a luxury car brand in India over two decades ago, to the best-in-class Superb and, of course, the popular Rapid. SUVs and hatchbacks have come and gone, but Skoda's backbone in India has remained the three-box sedan. The Slavia, Skoda's new car, is important because the Slavia is part of a USD 1 billion (about Rs 7,500 crore) commitment to developing products more in tune with local tastes and budget. Lik
9 Mar 20225 mins read
Navigating Your Car Insurance Claim: A Step-by-Step Guide
Dealing with a car accident is not at all easy, but knowing the ropes on how to go about an insurance claim can really help. Whether you had a minor scrape or a serious crash, the step-by-step procedure will help you manage your circumstances more efficiently. Here is a step-by-step detailed guide to assist you in filing a car insurance claim above all. Step 1: Ensure Safety Right after the collision, your first consideration must be that of safety: * Assess injuries and call emergency servic
1 May 20243 mins read8 Tips to Get discounts on car insurance
Learn to maximize car insurance discounts without compromising coverage with our comprehensive guide.
19 Apr 20244 mins readIs the Maruti Suzuki Grand Vitara Safe? Unveiling Its Latest Safety Ratings
As the automotive landscape continues to evolve, safety remains a paramount concern for car buyers, particularly in India. The Maruti Suzuki Grand Vitara, a product of the Maruti and Toyota joint venture, has emerged as a significant contender in the SUV market dominated by the likes of Hyundai Creta and Kia Seltos. But how does it stack up in terms of safety? Let's delve into the details of the Grand Vitara's safety features, awaited ratings, and the implications for those looking to buy a car
7 May 20243 mins readTop 5 Cheapest Electric Cars in India: 2024 Edition
As the world progressively shifts towards sustainable mobility, India is not far behind, experiencing a significant uptake in electric vehicles (EVs). This shift is propelled by both governmental incentives and the innate cost-effectiveness of EVs compared to traditional internal combustion engine (ICE) vehicles. However, the adoption of EVs in India faces challenges such as range anxiety and the limited availability of charging stations. To aid potential buyers, this blog post highlights the fi
1 May 20243 mins readFord Endeavour 2024: Price, Launch Date & Specs in India
Prepare for the awesome launch of Ford Endeavour 2024 in India! Discover its price specs & even more. Boost your SUV experience today!
17 Apr 20242 mins readLexus UX review - Can it impress Indian buyers?
Lexus has launched a compact luxury electrified crossovers. This car is nothing if not unique, with a length of less than 4.5 meters, a radical design, and the likelihood of future availability driven by an electric powertrain, a powerful hybrid drive, or both. Those familiar with flora and fauna of the Indian subcontinent may ask what these compact beasts are doing in a world where size and perceived value walk hand in hand. The answer is simple: Lexus wants to test our market's response to th
20 Mar 20224 mins readYezdi Scrambler review - Nostalgia packed in modern machine
Thousands of 90s kids grew up with the Yezdi legend. Here is the Yezdi Scrambler review that might make you nostalgic and want to take a test ride. Design, features, and quality The Scrambler looks fantastic with a dirt-style front fender and a chopped rear mudguard. The Scrambler gets the rectangular engine casings that make it a Yezdi, unlike the Roadster. In addition to three ABS modes, the Scrambler offers a one-step adjustable footbrake lever and a USB type A and C charging port. Rear lug
1 Mar 20224 mins readNew Renault Duster is coming to India and is under work
Midsize monocoque SUV trend began in India due to the Renault Duster. Unfortunately, Renault failed to properly replace or evolve the Duster, enabling competitors to dominate the market. It might change if the brand's intentions to bring the next-generation Duster become a reality. Not only will the Renault Duster be new, but it will be built on the CMF-B platform. The next-gen Renault Duster is all-new After almost a decade, the famous Duster phased out of production in our country, but Renaul
11 Mar 20222 mins readVolkswagen Virtus sedan unveiled globally, launch in May 2022
The all-new Volkswagen Virtus just made its world debut, and the sedan will go on sale for the first time in India. As a global midsize sedan, the Virtus is already available in over 25 countries, and the new model unveiled today is a made-in-India facelift. The Virtus will replace the Vento sedan in India. The new Volkswagen Virtus dynamic Line and the Performance Line offer 1.0 and 1.5 TSI variants, respectively, for the new model. Starting today, pre-bookings for Virtus are available. Desig
9 Mar 20223 mins readSkoda Slavia review - Hottest sedan in its segment
Skoda specialises in sedans. From the first-generation Octavia, which established Skoda as a luxury car brand in India over two decades ago, to the best-in-class Superb and, of course, the popular Rapid. SUVs and hatchbacks have come and gone, but Skoda's backbone in India has remained the three-box sedan. The Slavia, Skoda's new car, is important because the Slavia is part of a USD 1 billion (about Rs 7,500 crore) commitment to developing products more in tune with local tastes and budget. Lik
9 Mar 20225 mins read
CarInfo is your all-in-one app for all your vehicle info needs and RTO vehicle information. Now manage all your vehicles in one place. Trace your car number with owner name
ISO 27001:2022 Certified
Popular Hatchbacks
Keep in Touch
.e182ab86.svg){kind=small}
