KEY HIGHLIGHTS
- Nissan Magnite gets expensive from January 2024
- Upward price revision of up to Rs 25,000
- Nissan Magnite facelift in works as well
In a recent announcement, Nissan India disclosed the extent of the price adjustment for its sole model in the market, the Magnite SUV. This revision is applicable to all bookings made after January 1, 2024, marking a notable change in the pricing structure for the sub-four-metre SUV. Now, before we take a look at the details in this section, make sure you join our Whatsapp Group Community of petrolheads to find out more exciting stuff about the Auto world.
Nissan Magnite Price Surges By Upto Rs 25,000
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The Magnite is offered in various configurations, including XE, XL, XV, XV Premium, Kuro Edition, and Geza Edition. Following the recent price revision, most variants, excluding a few, have experienced a price hike ranging from Rs. 1,000 to Rs. 25,000. Consequently, the starting price for the Nissan SUV now stands at Rs. 6 lakh (ex-showroom). The top-tier XV Premium (O) variant equipped with Turbo CVT is priced at Rs. 11.11 lakh (ex-showroom).
Nissan Magnite Facelift In Works
Nissan is set to launch the Magnite facelift in India by mid-2024, with a strategic plan to enhance its global presence. The company aims to export the updated model to Left Hand Drive (LHD) markets, particularly targeting Mexico and other regions such as Africa, the Middle East, and Latin America. Francois Bailly, Chief Planning Officer at Nissan, highlighted the success of the Magnite in various global markets and emphasized the move as part of Nissan's strategy to tap into new territories and boost its global business growth.
Price & Rivals
The starting price of the Nissan Magnite now stands at Rs. 6.00 lakhs and stretches all the way up to Rs. 11.11 lakhs ex-showroom. In terms of competition, the Nissan Magnite AMT will go head-to-head with the automatic versions of the Tata Punch, Hyundai Exter, Maruti Nexa Fronx, Hyundai Venue, and the new 2023 Tata Nexon.
Verdict
The price hike from New Year 2024 is an event spread across models and automakers. Various carmakers are revealing the revised price list and the Magnite follows suit. With an increment of Rs. 25,000 the Magnite is now retailing at a starting price of Rs. 6.00 lakhs. However, according to some reports, the sole offering from Nissan is also poised toi get an update soon.
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