If you’re planning to buy a new car, today could be the perfect day to make the purchase.
December 31 marks the last day of the year, and car dealerships often offer special deals to clear out their remaining inventory.
Booking a car today could save you a lot of money, as most car companies are planning to raise prices starting January 1, 2025.
Special Year-End Offers
At the end of each year, dealers offer discounts to move their stock quickly. This year, many dealers have extra inventory, which increases the chances of getting a great deal.
But remember, these special deals will only last until the end of today, so don’t miss out.
Price Hikes Starting January 1
Starting January 1, many major car brands in India, including both mass-market
and luxury vehicles, will increase their prices by 2% to 6%. This price increase is due to rising input and operational costs.
Which Brands Will Increase Prices?
Honda Cars India: Prices of models like Amaze, City, and Elevate will rise by up to 2%.
Skoda India: Cars like Slavia, Kushaq, and Kodiaq will see a price increase of up to 3%.
Jeep and Citroen: Both brands will increase prices by up to 2%.
Kia India: Models such as Sonet, Seltos, Carnival, and EV6 will also become more expensive.
Tata Motors: All Tata cars, including both ICE and EV models, will see a price hike.
Mahindra: Models like Thar, XUV700, and Scorpio-N will increase by up to 3%.
MG Motor: All MG cars will get a 3% price increase.
Hyundai Motor India: Both ICE and EV cars from Hyundai will see higher prices.
Maruti Suzuki: India’s largest car manufacturer will increase prices by up to 4%.
Luxury Brands: Mercedes-Benz, BMW, and Audi will also raise prices starting January 1.
Take Action Now
If you want to save money on your new car, it’s best to book it today.
By making the purchase before January 1, you can take advantage of discounts and avoid the price hikes that will come in the new year.
