Cars get costlier from April 1

Starting April 1, 2025, car prices from major manufacturers like

and will increase by up to 4% and 3%, respectively. Despite the hikes, dealers are offering significant discounts to help mitigate the impact on consumers. Price Hike Overview : Increased prices by approximately 4%. This marks the second price hike cycle of the year. : Prices have risen by around 3%. Aimed at offsetting rising input and operational costs. Hyundai: Also part of the price increase trend, though specific percentage details were not highlighted. Reasons for Price Increase Rising Input Costs: Manufacturers are facing higher costs for raw materials and production. Operational Costs: Increased expenses related to logistics and supply chain management. Dealer Discounts To counterbalance the price hikes, dealers are providing attractive discounts. These discounts aim to maintain customer interest and sales volume despite the increased prices. Impact on Consumers Consumers may experience a higher upfront cost when purchasing new vehicles. The discounts offered by dealers could help alleviate some financial burden, making it a strategic time for potential buyers to negotiate.