Hyundai has officially announced a Hyundai Verna price hike in India, affecting both petrol and turbo variants. This decision comes amid rising input costs and inflationary pressures. For potential buyers, understanding these changes is crucial to making an informed decision.
Hyundai Verna Price Hike: Updated Pricing
The Hyundai Verna has witnessed a price increase across all trims. While the exact hike varies depending on the variant, the overall increment is expected to be between ₹15,000 and ₹30,000. Here’s a breakdown of the revised ex-showroom Hyundai sedan price:
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Hyundai Verna Petrol Variants: Price increased by approximately ₹15,000 to ₹25,000
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Hyundai Verna Turbo Variants: Price hike ranging from ₹20,000 to ₹30,000
The new Hyundai sedan price places the Hyundai Verna in a more premium bracket, competing closely with rivals like the Honda City, Volkswagen Virtus, and Skoda Slavia.
Reasons Behind the Hyundai Verna Price Hike
Hyundai has cited multiple reasons for the Hyundai Verna price hike, including:
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Rising Input Costs: The cost of raw materials such as steel, aluminum, and other essential components has gone up.
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Increased Manufacturing Expenses: With evolving safety norms and technology upgrades, production costs have surged.
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Supply Chain Disruptions: The global supply chain has faced challenges, leading to higher costs for automotive manufacturers.
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Regulatory Compliance Costs: Adapting to new emission norms and safety regulations has resulted in additional expenditure.
Despite the Hyundai Verna price hike, Hyundai continues to offer value-packed Hyundai Verna features and a premium driving experience.
Hyundai Verna Features and Performance
Despite the increased Hyundai sedan price, the Hyundai Verna continues to be an attractive option in the mid-size sedan segment. Here’s why:
1. Powerful Engine Options
The Hyundai Verna is available in two engine options:
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1.5L Petrol Engine producing 115 PS with a 6-speed manual or CVT.
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1.5L Hyundai Verna Turbo Engine delivering 160 PS with a 6-speed manual or 7-speed DCT.
2. Premium Interior and Comfort
The Hyundai Verna’s cabin boasts:
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A 10.25-inch touchscreen infotainment system with wireless Apple CarPlay and Android Auto.
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Ventilated and heated front seats for enhanced comfort.
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Bose premium sound system for an immersive audio experience.
3. Advanced Safety Features
Hyundai ensures top-notch safety with:
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ADAS (Advanced Driver Assistance System) for lane assist, adaptive cruise control, and emergency braking.
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Six airbags as standard across all variants.
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Electronic Stability Control (ESC) and Hill Start Assist.
With these Hyundai Verna features, the sedan remains one of the most feature-rich offerings in its class.
How the Hyundai Verna Price Hike Affects Buyers
For prospective buyers, the Hyundai Verna price hike means an increase in the overall on-road cost. Here’s how it impacts different segments:
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Existing Bookings: Customers who booked before the Hyundai Verna price hike might be able to retain the old pricing, depending on dealership policies.
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New Buyers: The increased Hyundai sedan price pushes the Hyundai Verna closer to higher-priced rivals, making it essential to compare features and benefits before purchasing.
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Financing Costs: A higher ex-showroom Hyundai sedan price directly impacts loan EMIs and insurance costs.
Despite the Hyundai Verna price hike, the Hyundai Verna continues to offer a balance of performance, comfort, and advanced features, making it a worthy choice in the sedan segment.
Conclusion
The Hyundai Verna price hike in India is a result of rising input costs and regulatory changes. While the Hyundai Verna price hike may impact buyer decisions, the Hyundai Verna continues to be a well-rounded offering in the sedan market. If you’re considering buying the Hyundai Verna, now is the time to evaluate financing options and compare it with competitors to make the best choice.