The Hyundai Creta's prices have increased by Rs 60,000 over the last 6 months. Only the base E petrol trim's price remains unchanged, though supply remains very low. Even with the price hike. the Creta's demand remains high.
Having increased prices of the Creta already a few months back in January, Hyundai has hiked prices for the compact SUV again. Going in to effect immediately, the latest hike increases prices by up to Rs 19,600 for diesel variants and Rs 13,600 for petrol variants. This is the third price hike within a period of 6 months and compared to the prices before the first hike in October 2020, the Creta is more expensive by up to Rs 60,000.
Prices for the base Hyundai Creta E remain the same at Rs 9.99 lakh but supply is very low, with some dealers quoting a waiting period of up to 12 months. All other variants of the Hyundai Creta petrol have received a price hike of Rs 13,600. In comparison, the base diesel variant of the Creta has received the biggest price hike, with the E diesel now coming in at Rs 10.51 lakh, an increase of Rs 19,600. Other diesel variants across the range have received a price hike of Rs 13,600.
If the new prices are compared with the pre-January 2021 price hike, the Hyundai Creta’s prices have increased by Rs 35,500 for petrol variants and Rs 51,100 for the diesel variants in the first quarter of 2021. Despite the steep price hike, demand for the compact SUV remains high.
The Hyundai Creta gets 3 engines on offer – 2 petrol and 1 diesel. You get a 1.5-litre petrol making which makes 115 PS and 144 Nm of max power and torque figures. The range-topping 1.4-litre turbo petrol churns out 140 PS and 242 Nm of peak power and torque. Meanwhile, the diesel is a 1.5-litre four-pot which puts out max power and torque figures of 115 PS and 250 Nm respectively. Gearbox options include a 6-speed manual, a 6-speed torque converter auto, and a 7-speed DCT auto exclusive for the turbo-petrol variant.
Hyundai was planning to launch the new Alcazar in May 2021. A 7-seat SUV based on Creta, it will be priced around Rs 15 – Rs 22 lakh and compete against the like of the Tata Safari and the MG Hector Plus. However, the second wave of the Covid-19 global pandemic means the launch is likely to be postponed.