Prepare for Higher Prices: How the April 1 Car Price Rise Will Impact Your Purchase

Starting April 1st, car prices in India will rise across several leading brands. Maruti will increase prices by 4%, while Hyundai, Mahindra, Tata, Kia, BMW, and Renault will see a rise of 2-3%. These increases are driven by rising production costs, inflation, and other economic factors affecting the auto industry. If you’re planning to buy a car soon, these price hikes could affect your budget and overall purchasing power.

Why Are Car Prices Rising?

Several factors are contributing to this price increase:

• Rising Input Costs: Prices of raw materials such as steel, rubber, and semiconductors have increased, and manufacturers are passing on these costs to consumers.
• Inflation: The general increase in prices across sectors, including labor and transportation costs, is also contributing to the hike.
• Government Policies: Changes in taxes and regulations affecting the automotive industry have led to increased costs for manufacturers.

What Does This Mean for You?

For buyers, the April 1st price increase means that new cars will be more expensive, whether you’re looking for an entry-level car or a luxury vehicle. Those planning to finance their purchases will also face higher monthly EMIs. For example, a 4% price hike from Maruti or a 3% increase from BMW could significantly raise the overall cost of your car, both in terms of down payment and monthly payments.

Kamath Ventures: Your Alternative to New Car Price Hikes

At Kamath Ventures, we offer an excellent solution for buyers who want to avoid the impact of price hikes—premium pre-owned cars. Our vehicles are carefully inspected, well-maintained, and priced much lower than new cars, allowing you to enjoy the luxury of a high-quality car without the rising costs associated with new models.

Why Choose a Pre-Owned Car from Kamath Ventures?

1. Avoid Price Increases: By choosing a pre-owned car, you can bypass the April 1st price hikes, saving money while still driving a premium vehicle.
2. Great Value: Our pre-owned cars retain much of their value and come at a significantly lower price than new models. You get more for your money.
3. Certified Quality: Each car undergoes rigorous inspection and servicing to ensure it meets our high standards of performance and quality. You get a car that’s ready to hit the road without worrying about hidden issues.
4. Depreciation Advantage: New cars lose their value rapidly, particularly in the first few years. Pre-owned cars, however, have already gone through that steep depreciation phase, meaning your investment holds its value longer.

Final Thoughts

With car prices set to rise from April 1st, it’s a good time to reassess your car-buying plans. While new cars will become more expensive, Kamath Ventures offers a fantastic alternative with our premium pre-owned cars. You can get a top-tier vehicle, avoid the price hikes, and still stay within your budget.

Don’t let the price increase impact your car-buying decision. Visit Kamath Ventures today to browse our collection of premium pre-owned cars and make a smart, cost-effective choice before the price hikes kick in!