If you want to buy a car, buying a car before the end of this year is a good option. Because car prices are going to increase from January 2021. Many companies have announced this, so many can soon. Companies that have so far announced to increase the price of their vehicles include Maruti Suzuki, Ford India and Kia Motors.
Buying next Ford car will cost you so much money
All cars of Ford India will become expensive from January 1. The company has announced to increase the price of its cars. Their prices will increase by 3 percent. The company has taken this decision in view of increasing input cost. The executive director (marketing sales and service) of Ford India said the price hike would be in the range of 1 per cent to 3 per cent. In this way the price will increase from about Rs 5,000 to Rs 35,000. This will depend on different models. Rising prices of raw materials made it necessary to increase prices.
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Maruti’s car will be expensive
In the new year, the price of cars of all Maruti Suzuki models will increase. In fact, due to the increase in components and other costs, the largest car selling company in India, Maruti Suzuki has decided to increase the price of its car. New car prices will be announced soon. The company has not disclosed how much the price of Maruti car will increase. Significantly, due to the epidemic crisis and lockdown, the condition of auto companies has been very bad this year and sales had come down considerably.
Maruti vehicles are getting huge discounts right now
Maruti Suzuki has announced a bumper discount on the purchase of many of its cars in December. The company is offering attractive discounts on many cars including Alto, Celerio, Wagon-R, Dzire, Vitara Brezza, Ertiga, Eeco and S-Preso.
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Even Kia’s vehicles may increase prices
Kia Motors India has recorded a record operating profit in its first year in the domestic market and is playing a big role in the success of the company’s two SUVs – the Celtos and the Sonnet. It is quite common that automobile manufacturers increase the prices of their vehicles at the beginning of any calendar year citing a number of reasons, and something similar will happen in 2021. Kia Motors is going to increase the prices of both its SUV Celtos and Sonnet while there will be no change in the price of the Kia Carnival MPV being sold in three variants like Premium, Prestige and Limousine.