And now, the price of Hyundai Elantra has been increased. In a notification, Hyundai Nishat announced that the new price will be implemented from April 5th, 2022, meaning today.
New Hyundai Elantra Price
The car has seen a price jump of Rs. 400,000. However, there are price hike steps for the consumers, which are:
- The old price of Rs. 4,399,000 will be applicable if the consumer has made full payment before April 5th, 2022 or booking has tentative delivery month till June 2022.
- 50% price increase, meaning Rs. 4,599,000, will be applicable to the buyer who has made full payment before April 25th, 2022 with delivery month of May and June 2022.
- And New price of Rs. 4,799,000 will be applicable on all new orders on or after April 5th, 2022.
As per the company, these are the ex-factory prices.
A very intriguing move because it means that they actually believe that they are going to do well in a sedan market if their product is priced higher than a Corolla Grande or Altis.