GST Effect: Hyundai Drops Prices By Up To Rs 3.72 Lakh

Simplified Tax Structure Helps Hyundai Price Select Variants Of The Creta And The Verna Rs 1 Lakh Lesser Than Before

Since the implementation of the Goods and Service Tax (GST), we’ve been waiting for Hyundai to announce the revised prices of their popular hatchbacks, sedans and SUVs. On Thursday, the Korean car manufacturer finally revealed the new prices for their entire model range. Better late than never, right? It’s important to note that unlike Skoda, Nissan or other luxury car brands in India, the prices for Hyundai cars still vary from city to city. However, the ex-showroom price difference between cities is now quite narrow.

Enough chat, here’s a breakdown of the city-wise price lists:

Ex-Showroom Delhi

Model	Price Range Pre GST	Price Range Post GST	Difference
Hyundai Eon	3.32-4.56	3.31-4.56	0.01 lakh
Hyundai Grand i10	4.59-7.37	4.55-7.3	0.04-0.07 lakh
Hyundai Elite i20	5.36-9.07	5.31-8.97	0.05-0.10 lakh
Hyundai Xcent	5.38-8.41	5.33-8.39	0.02-0.05 lakh
Hyundai i20 Active	6.78-9.78	6.68-9.63	0.10-0.15 lakh
Hyundai Verna	7.95-13.17	7.84-12.62	0.11-0.55 lakh
Hyundai Creta	9.28-14.56	8.92-13.93	0.36-0.63 lakh
Hyundai Elantra	13-19.31	12.48-18.46	0.52-0.85 lakh
Hyundai Tucson	19-25.01	18.13-23.86	0.87-1.15 lakh
Hyundai Santa Fe	29.58-33	27.86-31.07	1.72-1.93 lakh

Ex-Showroom Mumbai

Model	Price Range Pre GST	Price Range Post GST	Difference
Hyundai Eon	3.48-4.79	3.3-4.56	0.18-0.23 lakh
Hyundai Grand i10	4.89-7.75	4.57-7.36	0.32-0.39 lakh
Hyundai Elite i20	5.66-9.58	5.33-9.03	0.33-0.55 lakh
Hyundai Xcent	5.56-8.51	5.35-8.43	0.08-0.21 lakh
Hyundai i20 Active	7.14-10.32	6.72-9.72	0.42-0.60 lakh
Hyundai Verna	8.38-13.9	7.84-12.69	0.54-1.21 lakh
Hyundai Creta	9.81-15.4	8.91-14	0.90-1.40 lakh
Hyundai Tucson	20.09-26.45	18.17-23.97	1.92-2.48 lakh
Hyundai Elantra	13.73-20.41	12.5-18.56	1.23-1.85 lakh
Hyundai Santa Fe	31.24-34.86	27.92-31.14	3.32-3.72 lakh

Various taxes (excise duty, value added tax, different cesses, etc) have been replaced by GST and the impact for the automotive industry has been largely positive. The price change varies from city to city and the degree of GST’s impact increases as you move towards more expensive car segments. To understand the impact of GST on different car segments, click here.