.jpg)
Introduction
Nissan India has recently announced a price hike for its exclusive model available in the country, the Magnite SUV. The Japanese automaker will implement this revision across all variants of the SUV, starting in January 2024. Currently, the Magnite is priced at a competitive starting point of Rs. 6 lakh (ex-showroom).
Reasons for Price Hike
The decision for the price revision is attributed to the escalating input costs and inflationary pressure, according to the automaker. As a result, starting from January 2024, customers can expect a modification in the pricing structure for all variants of the Nissan Magnite.
Year-End Benefits
Customers planning to purchase the Magnite SUV have the opportunity to take advantage of attractive year-end benefits until December 31, 2023, and this presents a window of opportunity for potential buyers to make their purchase before the impending price revision.
Variants and Powertrain Options
The Nissan Magnite is available in multiple variants, catering to diverse customer preferences. The lineup includes XE, XL, XV, XV Premium, Kuro Edition, and Geza Edition. In terms of powertrain options, the compact SUV offers a choice between a 1.0-litre naturally aspirated petrol engine and a 1.0-litre turbo-petrol motor. The transmission duties are handled by a versatile lineup, including a five-speed manual, AMT (Automated Manual Transmission), and a CVT (Continuously Variable Transmission) gearbox.
Conclusion
As Nissan India gears up for a price hike on the Magnite SUV due to economic factors, prospective buyers are encouraged to explore the available year-end benefits before the end of December 2023. The Magnite being the sole model offered by Nissan in India continues to be a notable contender in the compact SUV segment providing various variants and powertrain options to cater to diverse consumer preferences.