Hyundai Verna Price Increase: What Are the New Prices and Why the Hike?

Hyundai Verna Price Increase: What Are the New Prices and Why the Hike?

I’ve always loved the Hyundai Verna. Its design, performance, and features make it a great choice. But, the recent price hike has caught my eye. Prices have gone up by Rs 4,000 to Rs 6,000 for most trims.

This change makes me think about how it will affect Verna owners. I wonder what’s behind this increase and its impact.

Key Takeaways

  • Hyundai Verna price hike of up to Rs 6,000 across all variants, except the base EX model
  • Naturally aspirated petrol variants now priced between Rs 12.05 lakh to Rs 16.29 lakh
  • Turbo-petrol models range from Rs 14.93 lakh to Rs 17.48 lakh after the increase
  • New Amazon Grey exterior color option and a rear spoiler added to the lineup
  • Hyundai Verna remains a top contender in the compact sedan segment

Latest Price Updates for Hyundai Verna Models

The Hyundai Verna, a favorite in India, has seen its prices go up. This change is due to higher costs and new rules. Yet, the Verna still offers great features, safety, and performance.

Base Variant EX Pricing

The base EX model of the Hyundai Verna starts at ₹10.96 lakh. It comes with a 1.5-liter engine. This makes it a great choice for those looking to start with the Verna.

Higher Trim Variant Adjustments

The higher models of the Hyundai Verna, like S, SX, and SX(O), have gone up by ₹6,000. They now cost between ₹12.05 lakh and ₹16.29 lakh. This makes them a top choice for those wanting a lot of features.

Turbo-Petrol Variant Price Changes

The turbo-petrol models of the Hyundai Verna, including SX Turbo and SX(O) Turbo, have also increased by ₹6,000. They start at ₹14.93 lakh and go up to ₹17.48 lakh. These models are perfect for those who love to drive fast.

The dual-tone colors for the Hyundai Verna still cost the same as single-tone ones. This means you can get a cool look without spending more money.

VariantPrevious PriceNew Price
EX MT₹10.90 lakh₹10.96 lakh
S MT₹11.99 lakh₹12.05 lakh
SX MT₹13.99 lakh₹14.05 lakh
SX(O) MT₹16.23 lakh₹16.29 lakh
SX Turbo MT₹14.87 lakh₹14.93 lakh
SX(O) Turbo MT₹17.42 lakh₹17.48 lakh

The Hyundai Verna remains a top choice in the compact sedan market. It offers a complete package that meets the needs of Indian buyers.

New Features and Upgrades in 2024 Verna

The Hyundai Verna is getting a fresh look for 2024. It will have a new exterior color and a sporty rear spoiler. These changes will make the sedan look even better.

The Verna will now come in Amazon Grey, adding to its eight color options. This new color is perfect for those who want a modern and elegant car. The sedan will also have a sleek rear spoiler, giving it a sportier look.

The interior of the 2024 Verna will still be packed with features. It will have a 10.25-inch touchscreen, 64-color ambient lighting, and more. These updates aim to keep the Verna appealing to sedan buyers.

Even though the Verna looks different, its engine choices stay the same. You can still pick between a 1.5-liter naturally aspirated engine and a 1.5-liter turbocharged engine. This lets drivers choose what suits their needs best.

FeatureDescription
Exterior Color Options8 color choices, including the new Amazon Grey
Rear SpoilerSporty design addition to enhance the sedan’s aesthetics
Interior Features10.25-inch touchscreen, 64-color ambient lighting, ventilated and heated seats, air purifier
Powertrain Options1.5-liter naturally aspirated petrol and 1.5-liter turbocharged petrol engines

The 2024 Hyundai Verna shows Hyundai’s dedication to keeping up with the market. With its updated look and features, it’s ready to meet the needs of today’s car buyers.

Variant-Wise Price Breakdown and Comparison

The Hyundai Verna has seen a price change, affecting all variants. A Rs. 6,000 increase applies to all, except the base EX model. This change impacts the auto industry and car prices.

Naturally Aspirated Petrol Variants

The naturally aspirated petrol variants now cost between Rs. 11 lakh and Rs. 16.29 lakh. The EX MT starts at Rs. 11 lakh, and the SX(O) CVT tops out at Rs. 16.29 lakh. The EX MT variant saw a percentage change of 0.61%, the highest among these models.

Turbo-Petrol Model Pricing Structure

The turbo-petrol variants start at Rs. 14.93 lakh for the SX Turbo MT and reach Rs. 17.48 lakh for the SX(O) Turbo DCT. Unlike the naturally aspirated models, the turbo-petrols kept their original prices.

The new pricing highlights the difference between naturally aspirated and turbo-petrol options. This meets various consumer preferences in the competitive landscape.

“The price increase was a necessary step to offset the rising input costs and keep up with the industry trends, while ensuring we maintain a competitive edge in the market.”

– Hyundai spokesperson

Understanding the Rs 6,000 Price Hike Impact

The 2024 Hyundai Verna’s price went up by Rs 6,000 for most models, except the base EX. This change is due to higher input costs and market changes. It keeps the Verna competitive in the compact sedan market and helps Hyundai cover extra production and material costs.

The price increase is not too big for buyers. The top SX model now starts at Rs 13.08 lakh. The highest model costs up to Rs 17.48 lakh. This pricing still offers good value and affordability for those wanting a high-tech sedan in India.

Things like inflation, supply chain disruptions, and semiconductor shortages led to the price change. Hyundai raised prices on some models to keep costs in check. This way, the Verna stays appealing and affordable for many buyers.

Hyundai is adapting to the changing car market. The Verna’s new prices show the brand’s plan to stay competitive. It ensures customers get quality, features, and performance at a fair price.

ModelPrice HikeRevised Price Range
Hyundai VernaRs 6,000 (Except Base EX)Rs 11 lakh – Rs 17.48 lakh
Kia SeltosRs 5,000 – Rs 19,000Rs 10.49 lakh – Rs 19.99 lakh
Kia CarensRs 8,000 – Rs 27,000Rs 10.15 lakh – Rs 19.65 lakh

The Hyundai Verna’s new prices, along with Kia Seltos and Carens, show a trend in the car industry. This trend is due to inflation, supply chain disruptions, and semiconductor shortages. Hyundai is trying to keep the Verna a strong choice in the compact sedan market.

Hyundai Verna Price Increase: What Are the New Prices and Why the Hike?

The Hyundai Verna’s price change has sparked a lot of talk in the car world. With production costs and market conditions changing, Hyundai had to update its prices. Let’s look at why this happened and how it might affect buyers.

Market Factors Contributing to Price Rise

The Hyundai Verna’s price went up by Rs 6,000 across all models. This shows Hyundai’s aim to keep the Verna’s value high despite rising cost of production. Inflation, new rules, and price swings in parts all played a part in this car price hike.

Consumer Impact Analysis

The Hyundai price revision might surprise some, but the increase is small. The Verna now comes with more features, making it still a great deal in the compact sedan market.

Industry Trends and Implications

The Hyundai Verna’s price hike is part of a bigger trend in the car world. Companies are trying to balance cost of production with keeping prices low for customers. Hyundai’s move shows they’re ready to adjust to market changes while keeping the Verna appealing.

In summary, Hyundai’s decision to raise the Verna’s price is thoughtful. It aims to keep the model competitive and desirable. By considering market factors and what buyers want, Hyundai is set to keep the Verna’s value proposition strong in India.

Technical Specifications and Engine Options

The Hyundai Verna for 2024 comes with two engine choices. The first is a 1.5-liter naturally aspirated petrol engine. It makes 115 PS of power and 144 Nm of torque. You can pair it with a 6-speed manual or a Continuously Variable Transmission (CVT).

For more power, there’s a 1.5-liter turbo-petrol engine. It produces 160 PS and 253 Nm of torque. You can choose a 6-speed manual or a 7-speed Dual-Clutch Transmission (DCT).

Even with the hyundai sedan pricing increase, Hyundai kept the Verna’s performance strong. This ensures the cost of ownership stays competitive. The technical specs and engine choices meet many customer needs and driving styles.

EnginePowerTorqueTransmission
1.5-liter Naturally Aspirated Petrol115 PS144 Nm6-speed Manual, CVT
1.5-liter Turbo-Petrol160 PS253 Nm6-speed Manual, 7-speed DCT

The Hyundai Verna offers a variety of engines and transmissions. This caters to different market factors impacting prices and customer preferences. It aims to meet the diverse needs of the compact sedan market.

Hyundai Verna Engine Options

Safety Features and NCAP Rating

At Hyundai, we always put safety first. The all-new Hyundai Verna has a 5-star crash safety rating from the Global NCAP. This shows Hyundai’s dedication to making vehicles safe and strong.

Advanced Driver Assistance Systems

The Verna has advanced safety features. Even the base model has six airbags, all-wheel disc brakes, and a tire pressure monitor. The higher trims add more, like forward-collision warning and blind-spot monitoring.

Standard Safety Equipment

The Hyundai Verna also has a lot of standard safety features. It has front and rear parking sensors, ISOFIX child seat anchors, and a strong body. These help the Verna do well in crash tests, keeping you and your family safe.

Global NCAP Performance

The Hyundai Verna’s 5-star Global NCAP rating shows Hyundai’s strong safety commitment. It beats the safety ratings of many competitors. The Verna sets a high safety standard, making sure you’re safe without losing out on performance or price.

Competitive Analysis in the Sedan Segment

The Hyundai Verna’s price hike keeps it competitive in the compact sedan market. It offers a great mix of features, performance, and safety. It faces tough competition from the Honda City, Maruti Ciaz, Volkswagen Virtus, and Skoda Slavia.

The Verna’s updated prices and new features aim to keep it ahead. The Indian car market is growing fast, thanks to higher incomes and a bigger economy. This means more competition in the sedan market.

Sedan ModelPricing Range (Ex-Showroom)Key Highlights
Hyundai Verna₹10.90 lakh – ₹17.38 lakhRefined design, feature-rich, and enhanced safety
Honda City₹11.49 lakh – ₹17.57 lakhProven reliability, spacious cabin, and advanced tech
Maruti Ciaz₹10.72 lakh – ₹14.73 lakhFuel-efficient engines, comfortable ride, and affordability
Volkswagen Virtus₹11.22 lakh – ₹18.72 lakhSophisticated design, potent performance, and premium feel
Skoda Slavia₹11.79 lakh – ₹18.39 lakhEngaging driving dynamics, spacious interiors, and robust build quality

Even with a price hike, the Hyundai Verna is still a top choice in the sedan market. It meets the changing needs of Indian buyers. As the market grows, the rivalry among these models will only get fiercer, pushing for better value and innovation.

Hyundai sedan models

Conclusion

The Hyundai Verna’s price went up by Rs 6,000 recently. This change shows the ongoing trends and economic pressures in the car market. Despite the price hike, the Verna still offers great value with its new features, strong safety, and various engine choices.

Hyundai’s pricing makes the Verna a strong contender in the compact sedan market. It balances what buyers want with what the industry can offer.

With the cost of car ownership going up, buyers will look closely at the Verna’s value. Hyundai’s success in keeping the Verna appealing through updates and smart hyundai car price hike management is key to its popularity.

The Hyundai Verna is a solid choice in the compact sedan market. It meets the needs of many buyers looking for a good mix of features, performance, and value. As the car industry faces challenges, the Verna is ready to keep doing well in India.

FAQ

What are the new prices of the Hyundai Verna after the price increase?

The base EX variant of the Hyundai Verna still costs Rs 11 lakh. But, all other variants now cost Rs 6,000 more. The prices for higher trim levels like S, SX, and SX(O) in both MT and CVT options range from Rs 12.05 lakh to Rs 16.29 lakh.Turbo-petrol variants, including SX Turbo and SX(O) Turbo in MT and DCT options, now cost between Rs 14.93 lakh and Rs 17.48 lakh.

Why has Hyundai increased the prices of the Verna?

Hyundai raised prices by Rs 6,000 for most Verna variants due to higher input costs and market changes. This move is in line with the industry’s trend of adjusting prices due to inflation and regulatory updates.

What new features have been added to the 2024 Hyundai Verna?

The 2024 Hyundai Verna comes with a new Amazon Grey exterior color and a sporty rear spoiler. It also keeps its rich interior features, like a 10.25-inch touchscreen, 64-color ambient lighting, and ventilated and heated front seats.It also includes an air purifier for better air quality.

How do the prices of the naturally aspirated and turbo-petrol variants compare?

Prices for naturally aspirated petrol variants range from Rs 11 lakh for the EX MT to Rs 16.29 lakh for the SX(O) CVT. Turbo-petrol variants start at Rs 14.93 lakh for the SX Turbo MT and go up to Rs 17.48 lakh for the SX(O) Turbo DCT.The pricing clearly shows the difference between engine options and transmission choices.

What is the impact of the price hike on consumers?

The price hike of Rs 6,000 is relatively small compared to the overall price range of the vehicle. It’s unlikely to greatly affect demand, as the Verna still offers great value in the compact sedan market.

What are the key safety features of the Hyundai Verna?

The Hyundai Verna has a 5-star Global NCAP crash safety rating. It comes with 6 airbags as standard and advanced safety features like forward-collision warning and blind-spot alert. It also has all-wheel disc brakes and a tire pressure monitoring system.Higher trims include Level-2 ADAS with features like lane-keeping assist and adaptive cruise control.

How does the Hyundai Verna compare to its competitors in the compact sedan segment?

The Hyundai Verna competes with models like Honda City, Maruti Ciaz, Volkswagen Virtus, and Skoda Slavia. Despite the price increase, the Verna remains competitive. It offers a good balance of features, performance, and safety, appealing to different consumer preferences.
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