Maruti Suzuki, India’s largest car manufacturer, has announced a price hike across several models, including the Grand Vitara, XL6, Ertiga, and more, effective from April 8, 2024. The company attributes this increase to rising input costs, inflation, and regulatory changes.
This move follows similar price revisions by other automakers in response to economic pressures. If you’re planning to buy a Maruti Suzuki car, now might be the right time before the new prices kick in.
Which Maruti Suzuki Models Will Become More Expensive?
The price hike will affect multiple models, including popular SUVs and MPVs. Here’s a list of vehicles that will see a price increase:
- The Grand Vitara from Maruti Suzuki (both a strong and mild hybrid)
- Maruti Suzuki XL6 (Premium MPV)
- Maruti Suzuki Ertiga (Family MPV)
- Maruti Suzuki Brezza (Compact SUV)
- Maruti Suzuki Fronx (Sub-4m SUV)
- Maruti Suzuki Jimny (Off-road SUV)
- Maruti Suzuki Baleno (Premium Hatchback)
- Maruti Suzuki Swift (Best-Selling Hatchback)
Why Is Maruti Suzuki Increasing Prices?
Maruti Suzuki has cited multiple reasons for the upcoming price revision:
- Rising Input Costs: Increased prices of raw materials like steel, aluminum, and rubber.
- Regulatory Upgrades: Compliance with stricter safety and emission norms (like RDE and BS6 Phase 2).
- Inflation & Economic Factors: Fluctuating currency rates and supply chain challenges.
- Feature Enhancements: Some models may receive additional features, justifying the price bump.
This isn’t the first price hike in 2024—Maruti had already increased prices in January, and competitors like Hyundai, Tata, and Mahindra have also adjusted their pricing.
Expected Price Increase (Model-Wise)
Here’s a table format breakdown of the expected price hike across key models:
| Model | Current Starting Price (ex-showroom) | Expected Increase | New Starting Price (approx.) |
|---|---|---|---|
| Grand Vitara | ₹10.70 Lakh | ₹20,000 – ₹30,000 | ₹10.90 – ₹11.00 Lakh |
| XL6 | ₹11.53 Lakh | ₹15,000 – ₹25,000 | ₹11.68 – ₹11.78 Lakh |
| Ertiga | ₹8.69 Lakh | ₹10,000 – ₹20,000 | ₹8.79 – ₹8.89 Lakh |
| Brezza | ₹8.34 Lakh | ₹10,000 – ₹15,000 | ₹8.44 – ₹8.49 Lakh |
| Fronx | ₹7.51 Lakh | ₹10,000 – ₹12,000 | ₹7.61 – ₹7.63 Lakh |
| Jimny | ₹12.74 Lakh | ₹25,000 – ₹35,000 | ₹12.99 – ₹13.09 Lakh |
| Baleno | ₹6.66 Lakh | ₹8,000 – ₹12,000 | ₹6.74 – ₹6.78 Lakh |
| Swift | ₹5.99 Lakh | ₹7,000 – ₹10,000 | ₹6.06 – ₹6.09 Lakh |
Note: Prices are indicative and may vary based on location and dealer discounts.
Should You Buy Now or Wait?
If you’re considering purchasing a Maruti Suzuki car, here are some factors to consider:
Reasons to Buy Before April 8:
✅ Save Money: Avoid the upcoming price hike (up to ₹35,000 in some cases).
✅ Current Discounts: Dealers may offer year-end discounts to clear stock before the new financial year.
✅ Same Features: The cars won’t see major updates immediately, so buying now ensures no compromise.
Reasons to Wait (If Possible):
❌ Potential Updates: Some models might get new features post-April.
❌ Better Deals Later: If demand drops, dealers may reintroduce discounts post-hike.
Maruti Suzuki’s Recent Updates & Future Plans
Maruti has been actively updating its lineup:
- Grand Vitara Strong Hybrid remains a fuel-efficient rival to Hyundai Creta & Kia Seltos.
- Fronx Turbo offers a peppy 1.0L Boosterjet engine for enthusiasts.
- Jimny 5-door might launch later in 2024, expanding its SUV portfolio.
The company is also focusing on CNG and hybrid vehicles to cater to cost-conscious buyers amid rising fuel prices.
Final Verdict: Act Fast or Wait?
With the April 8 deadline approaching, customers must decide whether to book now and lock in current prices or wait for possible new features later. Given that the hike is inevitable, booking early could save a significant amount.
Key Takeaways:
✔ Grand Vitara, XL6, Ertiga, Brezza, Fronx, Jimny, Baleno & Swift will get costlier.
✔ Average increase: 1-3% (₹10,000 to ₹35,000 depending on model).
✔ Best time to buy: Before April 8, 2024, to avoid higher prices.
Conclusion
Maruti Suzuki’s price hike reflects broader industry trends, and buyers should evaluate their options carefully. If budget permits, booking now could be a smart move. Stay tuned for official updates from Maruti Suzuki dealerships for exact revised prices.
Will you buy a Maruti Suzuki before April 8 or wait? Let us know in the comments!
