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New Year Update: Honda Elevate Prices Increased by up to Rs 58,000

New Year Update: Honda Elevate Prices Increased by up to Rs 58,000

Honda Cars India has implemented a price adjustment for its recently launched Elevate compact SUV, marking the model's first price hike since its introduction last year. The new pricing now starts at RS. 11.58 lakh and goes up to Rs. 16.48 lakh for the top-spec dual-tone variant, reflecting a maximum increase of Rs. 58,000. It's worth noting that these prices are exclusive of ex-showroom, Delhi, and the updated pricing details are now accessible on the official Honda website. Additionally, the website specifies an additional ?8,000 for the pearl color option.

This price revision aligns with Honda's decision in December 2023 to increase prices for the new year. The adjustment also signifies the conclusion of the initial pricing period for the Elevate, which originally ranged from Rs 11 lakh to Rs16 lakh (ex-showroom). The SUV has received favorable feedback despite this modification achieving the 20,000 unit sales milestone.

Engine Specifications

The Honda Elevate is powered exclusively by a 1.5-liter naturally aspirated petrol engine designed to produce 119 bhp and 145 Nm of maximum torque. This engine can be paired with either a 6-speed manual transmission or a CVT automatic transmission.

New Year Update: Honda Elevate Prices Increased by up to ?58,000 - right
Honda Elevate

Features

The car is attractive in the cutthroat market due to several characteristics. Noteworthy features include a 10.25-inch LCD touchscreen infotainment system supporting Apple CarPlay and Android Auto. The Elevate also comes equipped with wireless charging, Honda Connect, soft-touch door and dashboard inserts, and a 7-inch TFT digital instrument console.

With the Honda Elevate's advanced driver assistance systems (ADAS), multi-angle rearview cameras, reverse parking sensors, and other safety features safety features are quite important. The SUV is available in four trims - SV, V, VX, and ZX, excluding the base variants.

Competition and Market Position

Competing with models such as the Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Kia Seltos, Volkswagen Taigun, Skoda Kushaq, and MG Astor, the Elevate has managed to carve its space in the market. Moreover, it is set to face additional competition from the upcoming Hyundai Creta facelift scheduled for launch later this month.

The Honda Elevate retains its competitiveness in the market despite the price increase by providing a compelling mix of features, performance, and safety which helps it achieve good sales results in a crowded car market. Customers looking for a feature-rich and stylish compact SUV have continued to show interest in the Elevate reinforcing its position in the market. Honda is committed to meeting customer expectations and being relevant in the ever-changing market environment as seen by its smart pricing adjustments and ongoing product offerings enhancements.

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