If you’re looking to buy a stylish, powerful, and feature-loaded SUV, this news is for you. The Hyundai Creta, one of India’s best-selling mid-size SUVs, has now become significantly cheaper. Following the implementation of GST 2.0, the company has significantly reduced its prices. Now, you can bring this SUV home at a lower price than before and save up to ₹72,000. Let’s find out the new prices for the Hyundai Creta and what your monthly EMI will be if you take out a loan.
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New Price
First, let’s talk about the new price. Following the implementation of GST 2.0, the Hyundai Creta’s ex-showroom price has dropped significantly. Its starting price now stands at ₹10.73 lakh, down from ₹11.11 lakh previously. This means you can save between ₹38,000 and ₹72,000, which varies depending on the variant. Notably, the biggest benefit is being seen on the Creta’s King Knight AT and King Limited Edition AT models, where prices have been reduced by approximately ₹72,000. The diesel variant has also seen a price reduction, now starting at ₹12.25 lakh (previously ₹12.69 lakh).
Variant-Wise Prices
Now, let’s look at the variant-wise prices. The table below provides an idea of the new Hyundai Creta prices. All these prices are ex-showroom and may vary slightly depending on festive offers.
| Variant / Model | New Ex-Showroom Price (₹) | Price Reduction (₹) |
|---|---|---|
| Base Petrol Variant | 10.73 Lakh | 38,000 |
| Diesel Base Variant | 12.25 Lakh | 44,000 |
| King Knight AT Variant | 20.64 Lakh | 72,000 |
| King Limited Edition AT | 20.92 Lakh | 72,000 |
With this price reduction, the Creta has not only become more affordable but is also proving to be a value-for-money SUV in its segment.
Benefits of GST 2.0
The reduction in GST rates has directly impacted customers. The new prices have made purchasing the Creta easier than ever. You can bring this SUV home at an even lower price with festive season offers. RTO and insurance charges vary from city to city, so be sure to check with the dealership for the exact on-road price. Many dealerships are also offering additional festive discounts and exchange bonuses, which can further reduce the overall cost.
Hyundai Creta EMI Calculation
Now let’s talk about EMI calculations. If you’re planning to take a loan on the Creta, let’s find out what your monthly EMI will be. The calculations below are based on a car loan of ₹10 lakh, with different interest rates and loan tenure.
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| Interest Rate (%) | 3-Year EMI (₹) | 5-Year EMI (₹) |
|---|---|---|
| 8% | 31,336 | 20,276 |
| 8.5% | 31,568 | 20,517 |
| 9% | 31,801 | 20,760 |
| 9.5% | 32,035 | 21,003 |
| 10% | 32,270 | 21,247 |
If you make a down payment, your EMI can be even lower. Therefore, before buying a car, do compare the interest rate, tenure and down payment so that it has less impact on your pocket.