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Mahindra, Renault cars to get costlier

As the year is coming to an end, carmakers have announced plans that will make car shopping a costlier affair in the near future. Come January 1, most cars will have revised price tags and the latest members to join the group are cars bearing Mahindra and Renault logos. Both manufacturers have indicated their respective cars would get dearer by 3 per cent.

Wondering how much burden does it put on your budget? Don’t fret, we’ve done the basic calculations on your behalf. So, for someone wanting to buy a Renault Kwid, the cost of the base variant would go up by close to Rs 9000, while that of the Duster and Lodgy variants would get dearer by a minimum of Rs 25,000. Similarly, you will have to shell out a minimum of Rs 30,000 more for Mahindra’s Scorpio range, Rs 20,000 for the rugged Bolero, and Rs 40,000 for the base variant of the diesel XUV500.

Reflecting on this decision, Rajan Wadhera, President, Mahindra & Mahindra said, “We have been holding back on price hikes and absorbing the higher input costs for a while, but with the increase in commodity prices we will have to take a price increase.”

Along with Mahindra and Renault, companies such as Tata Motors, Maruti Suzuki, Skoda, Toyota and Volkswagen too have confirmed they would be revising prices at beginning of 2018. Time to head to the showrooms, then.

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