KEY HIGHLIGHTS
- Honda cars to get dearer from April 2024
- Price increase for the second time in 2024 after January
- Read all details below
Honda Cars India plans to implement a price hike across its entire model lineup starting from April 2024. This marks the second price increase by the automaker this year, following the initial hike in January. Now before we take a deeper dive into this development, make sure to join our 91Wheels WhatsApp Group community of petrolheads for the latest automotive updates.
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Honda Cars To Get Another Price Hike In April 2024
Honda Cars India is preparing to raise prices across its range of models starting in April 2024. This marks the second price adjustment upward for the automaker this year, following a previous increase in January.
Honda offers a range of sedans including the Amaze (starting at Rs. 7.16 lakh), the City (starting at Rs. 11.71 lakh), and the hybrid City eHEV (starting at Rs. 18.89 lakh). The recently launched Elevate also joins the price revision, with a starting price of Rs. 11.58 lakh (all prices ex-showroom).
March 2024 Discounts: Savings Of Up To Rs. 1.19 Lakhs
The Honda City presents a substantial discount of up to Rs 1,19,500, comprising cash discounts, complimentary accessories, vehicle exchange offers, loyalty bonuses, and corporate discounts across its range of variants. Additionally, an extended warranty is exclusively available for VX and ZX models. Moreover, there is a special Rs 36,000 benefit offered on the elegant edition.
Honda Amaze extends exclusive discounts for corporate clients of up to Rs. 90,000, in addition to loyalty rewards and trade-in advantages. These discounts are contingent upon the variant selected: S, E, VX, or VX Elite. Each variant features its individual cash discount. Furthermore, customers have the option to select either a cash rebate or a complimentary accessory, but not both.
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In March 2024, buyers can avail a cash discount of Rs. 50,000 on the Honda Elevate mid-size SUV. With the SUV's usual price ranging from Rs. 11,57,900 to Rs. 16,19,900, this discount could significantly impact the final cost. The actual benefit received may vary based on factors like the chosen variant, color preference, geographical location, and other relevant factors.
Verdict
Honda cars registered an uptick in prices in starting of this year in January and this would be the second time the prices are being revised. While the reason for this revision is still unclear, more or less this will be aimed at adjusting the rates in line with rising input costs. However, the brand is tight lipped regarding the quantum of hike.
