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Hyundai announces price hike with increase in cess rates

September 18, 2017, 03:38 PM IST by Ninad Ambre
Hyundai announces price hike with increase in cess rates

Hyundai has recently hiked prices of models such as Verna, Elite i20, Creta etc. The carmaker has taken this decision following a hike in goods and services tax (GST) cess rates. Take a look at the model-wise increase in ex-showroom New Delhi car prices.

Creta

The prices of all the variants of the Creta have been revised. The price increase ranges between Rs 20,900 to Rs 55,375 depending on the trim.

Verna

The new-gen Verna will now cost Rs 29,090 more than the prices at the time of launch this year. Hyundai had announced at the time of the launch that the prices were introductory for first 20,000 customers. However, the customers booking the car now will have to pay the cess too.

Elantra

The Elantra sedan will also cost more now. It will see a price hike between Rs 50,312 to Rs 75,991.

Tucson

While there is no information yet about the price of the Santa Fe getting dearer, its younger sibling, the Tucson certainly gets more expensive. Hyundai has increased the prices of the SUV by Rs 64,828-84,867.

Elite i20

Thankfully, not all variants of the i20 hatchback are affected by the price hike. It's only the 1.4-litre petrol automatic variant, which sees a hike of Rs 12,547.

The other vehicles from Hyundai's portfolio, including Grandi10 and Xcent remain unaffected. These were recently facelifted and are doing well in terms of sales for the carmaker. The price hike on other vehicles ranges from two to five per cent and is effective from 11 September 2017. Hyundai has been clearly hit and prospective buyers will have to shell out more money due to the increase in cess.

Tags:Hyundai,Creta,Hyundai Creta
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