Honda Elevate: Prices Hiked Amidst New Financial Year 2024

Honda Elevate

Honda Elevate hikes prices; As the new financial year begins in India, automotive enthusiasts anticipate the customary price adjustments across the industry. Reflecting this trend, Japanese automaker Honda has announced revisions to the prices of its vehicles, including the popular Honda Elevate. This strategic move aligns with market dynamics and cost fluctuations, ensuring the company’s continued competitiveness in the SUV segment.

The Honda Elevate: A Hyundai Creta Contender

Honda’s Elevate, positioned as a direct competitor to the Hyundai Creta, has garnered praise for its blend of style, performance, and technology. Available in four variants with manual and automatic gearbox options, the Elevate caters to diverse consumer preferences. Its elegant design and feature-rich interior have positioned it as a challenging contender in the SUV market.

Power and Efficiency

Equipped with a robust 1.5-litre i-VTEC gasoline engine, the Elevate delivers impressive performance, generating 119bhp and 145Nm of torque. Drivers can choose between a six-speed manual gearbox or a Continuously Variable Transmission (CVT) tailored to their driving preferences. Honda emphasizes the Elevate’s fuel efficiency, with the MT variant achieving 15.31kmpl and the CVT variant delivering a mileage of 16.92kmpl, ensuring an optimal balance of power and economy.

Revised Pricing Structure: Honda Elevate

In response to market dynamics, Honda has adjusted the prices of the Elevate across its variants. The revised ex-showroom prices demonstrate varying degrees of increase, with the highest hike amounting to Rs. 44,100 for specific models. Here’s a breakdown of the revised prices:

SV MT: Rs. 11,57,900 to Rs. 11,91,000 (+ Rs. 33,100)

V MT: Rs. 12,30,900 to Rs. 12,71,000 (+ Rs. 44,100)

V CVT: Rs. 13,40,900 to Rs. 13,71,000 (+ Rs. 30,100)

VX MT: Rs. 13,69,900 to Rs. 14,10,000 (+ Rs. 40,100)

VX CVT: Rs. 14,79,900 to Rs. 15,10,000 (+ Rs. 30,100)

ZX MT: Rs. 15,09,900 to Rs. 15,41,000 (+ Rs. 31,100)

ZX CVT: Rs. 16,19,900 to Rs. 16,43,000 (+ Rs. 23,100)

Adapting to Market Dynamics

Honda Elevate’s proactive approach to adjusting prices reflects its commitment to delivering exceptional customer value. By responding to economic challenges and evolving consumer preferences, the company reaffirms its position as a leader in the automotive industry. 

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