Thinking about getting a brand new Honda Elevate SUV? Hold on a minute! Just like many other car manufacturers in India, Honda has increased the prices of the Elevate, impacting all its variants. But fret not, this article unpacks everything you need to know about the new pricing structure, including the exact hike amount for each variant and some key features to consider. So, buckle up and get ready to navigate the world of the Honda Elevate price hike!
Understanding the Price Increase
Car prices in India are subject to change due to various factors, and the recent hike in the Honda Elevate follows this trend. The exact reasons behind the price increase haven’t been officially disclosed by Honda, but it could be due to rising input costs, changes in taxation, or strategic market adjustments.
How Much More Expensive is the Honda Elevate Now?
The price hike for the Honda Elevate varies depending on the variant you choose. Here’s a handy table that breaks down the old prices, new prices, and the exact amount of the increase:
| Variant | Old Price (Ex-showroom) | New Price (Ex-showroom) | Price Hike |
|---|---|---|---|
| SV MT | ₹ 11,57,900 | ₹ 11,91,000 | ₹ 33,100 |
| V MT | ₹ 12,30,900 | ₹ 12,71,000 | ₹ 40,100 |
| V CVT | ₹ 13,40,900 | ₹ 13,71,000 | ₹ 30,100 |
| VX MT | ₹ 13,69,900 | ₹ 14,10,000 | ₹ 40,100 |
| VX CVT | ₹ 14,79,900 | ₹ 15,10,000 | ₹ 30,100 |
| ZX MT | ₹ 15,09,900 | ₹ 15,41,000 | ₹ 31,100 |
| ZX CVT | ₹ 16,19,900 | ₹ 16,43,000 | ₹ 23,100 |
Beyond the Price Hike: What You Get for Your Money
While the price increase is a significant factor, it’s important to remember the features and value proposition of the Honda Elevate. Here’s a quick rundown of what you get:
- Fuel Efficiency: The Elevate boasts impressive fuel economy, with the manual transmission variants delivering a claimed mileage of 15.31 kmpl and the CVT variants offering 16.92 kmpl. This can be a major advantage, especially with rising fuel costs.
- Engine Performance: The 1.5-litre i-VTEC petrol engine under the hood might not be the most powerful in the segment, but it offers a good balance of performance and fuel efficiency, making it suitable for city commutes and occasional highway trips.
- Safety Features: Safety is a priority with the Elevate. Starting with the April 2024 update, all variants now come equipped with six airbags as standard, along with features like seatbelt reminders and adjustable headrests for all five seats. Higher-end variants offer additional safety features like electronic stability control and hill-start assist.
- Comfort and Convenience: The Elevate provides a comfortable cabin with decent space for passengers and cargo. Features like automatic climate control, a touchscreen infotainment system (on higher variants), and cruise control enhance the driving experience.
Is the Honda Elevate Still Worth Buying After the Price Hike?
Whether the Honda Elevate remains a good purchase decision depends on your individual needs and priorities. Here are some things to consider:
- Compare with Competitors: Research and compare the revised price of the Elevate with its competitors in the compact SUV segment like the Hyundai Creta, Kia Seltos, and Maruti Suzuki S-Cross. Evaluate their features, performance, and overall value proposition before making a final decision.
- Negotiate the Deal: Don’t be afraid to negotiate with the dealer! While the price hike is official, there might still be some room for negotiation on the final price, especially on insurance and add-ons.
- Consider Your Budget: The price hike has definitely made the Elevate a bit more expensive. Ensure the new price fits comfortably within your budget before finalizing the purchase.
