If you have been searching for the most advantageous offers on new vehicles, today is the ideal moment to finalize your purchase. There are two significant reasons for this. As December promotions conclude at the end of the month and the prices of nearly all car models in India are set to rise starting January 1, securing a discount now will undoubtedly benefit your finances.

Should you find yourself in urgent need of a new vehicle, now is the optimal time to pay the reservation fee and secure your new automobile. Dealers nationwide, representing various brands, are providing exclusive year-end promotions and discounts to deplete their current stock. Unlike previous years, this year has witnessed higher inventory levels, making it considerably easier to obtain an excellent deal. While manufacturers are also offering promotions, it is important to note that nearly all of these will expire as the new year begins.

Notably, prominent automotive brands, both in the mass market and luxury segments, have announced price increases effective January 1. These increases will range from two to six per cent, impacting the final cost of your new vehicle. This change will take effect starting Wednesday.

Honda Cars India has confirmed a price increase applicable to all its models, including Amaze, Elevate, and City, with hikes of up to two per cent depending on the specific model and variant. Skoda Auto India has cited rising input and operational costs as the rationale for increasing prices on its Slavia, Kushaq, and Kodiaq models by up to three per cent from January 1. Jeep and Citroen vehicles will also see price increases of up to two per cent, as both brands fall under the Stellantis umbrella globally. Kia India will adjust the pricing of models such as Sonet, Seltos, Carens, Carnival, and EV6 starting January 1. Additionally, bookings for the newly unveiled Syros will commence on January 3. If you are interested in a Tata vehicle, be aware that the entire Tata Motors lineup in the country will also experience a price adjustment.

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