Buy a New Car Before The Price Hike in January 2021
Kia, Hyundai, and Maruti Suzuki to Hike Prices in January 2021 - Buy a New Car with Best December Discount Offers before the Price Increases
As we enter the last month of 2020, there is a lot of movement that takes place in the Indian automotive industry. Car manufacturers are rushing to clear their stocks from 2019 and 2020 and with this, we see that there are many exciting deals and discounts that are being offered. In addition to this, it will also be the best chance to get your hands on good offers as there will be a price hike on new cars from the start of January 2021.
Now Maruti Suzuki, Hyundai Motors India and Kia Motors India have announced that they will be hiking the prices on all the cars in their stables. This price hike will be effective from the start of January 2021 and with this, we will also see other car manufacturers announcing their price hike on their range of models which is being sold in the nation. This is fairly common amongst all the car manufacturers to hike the prices at the start of the new year as the exchange rate fluctuates which affects the rising input and material costs. In addition to this, the price hike also helps the car manufacturers to increase their sales for the old stock by the last month of the year.
For December 2020 year end offers various car manufacturers such as Maruti Suzuki, Hyundai, Honda, Tata Motors, and Toyota etc are offering cash discounts, exchange bonuses and corporate discounts on different car models in their stable. In addition to this, we also see that Renault is offering an additional loyalty bonus on its range of models.
If you’re in the market on a hunt for a new car, December is probably the best time. For December 2020, automakers are offering various offers, deals and discounts which are going up to Rs 2.50 lakh. To have a detailed look at the different offers car manufacturers are offering for the final month of 2020 click here. These offers are available on specific variants and models in selected city dealerships.
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