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Tata Motors, a key player in the Indian automotive landscape, introduced the Tata Nexon in September 2023, making a notable impact with its starting price of Rs. 8.10 lakh (ex-showroom). As we step into January 2024, the demand for this compact SUV has resulted in an updated waiting period for prospective buyers.
Pricing and Initial Reception
The Tata Nexon, known for its attractive pricing, has garnered attention since its launch. With prices commencing at Rs. 8.10 lakh, the Nexon has positioned itself as a compelling option in the competitive Indian SUV market.
Revised Waiting Period
For individuals eyeing the Tata Nexon, it's essential to be informed about the current waiting period dynamics. As of January 2024, the waiting period for the DCA variants has extended to 12 weeks, showcasing an increase from the eight weeks reported in November of the previous year. On the other hand, all other variants, encompassing different engine and transmission options, as well as variant and color preferences, maintain a waiting period of eight weeks. It's crucial to note that these waiting times are specific to the Mumbai region.
Variant and Engine Options
The Tata Nexon caters to diverse preferences with its range of engine and transmission options. The lineup includes a 1.2-litre turbo-petrol engine and a 1.5-litre diesel engine. Customers can choose from a variety of transmission choices including a five-speed manual, six-speed manual, AMT (Automated Manual Transmission), and DCT (Dual-Clutch Transmission).
Anticipated Price Hike
In a strategic move, Tata Motors has hinted at an impending price hike, set to take effect from January 2024. While the specific details of the new model and variant-wise prices are yet to be officially disclosed this announcement adds an element of urgency for potential buyers considering the Tata Nexon.
Conclusion
The popularity of the Tata Nexon as evidenced by its waiting time highlights the SUV's appeal to Indian buyers. Its success in a very competitive industry can be attributed to its mix of affordable prices, a wide range of models, and engine options. As Tata Motors prepares for a price adjustment, those contemplating the purchase of the Tata Nexon may find it prudent to act promptly to secure favorable pricing before the anticipated increase later this month.