Planning to buy a new car this year? Check how much prices have risen for these car brands from January

Thinking of bringing home a new car this year? It might cost you more than before. Right from the start of January, many of the most important car manufacturers revealed that they would be increasing the prices of their popular models. It didn't matter whether it was a cheap and small hatchback or a high-end SUV and luxury car, the price hike was so considerable that it made the buyers reconsider their buying instincts. How much more will buyers have to pay and why did companies hike the prices? Here’s a detailed breakdown.

How much have Hyundai cars become costlier?

Hyundai has increased prices by around 0.6 per cent across most of its models including Creta, Venue, i20 and Verna.

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For example, if the current ex-showroom price of Creta is Rs 15,00,000, then after a 0.6 per cent hike, the price may increase by approximately Rs 9,000.

About Honda cars — How much is the hike expected?

Honda has announced a price hike on City, Amaze and Elevate.

However, the company has not yet released the official revised price list. Dealerships suggest that the hike could range between Rs 10,000 to Rs 50,000, depending on the model and variant.

How much have Renault car prices increased?

Renault has increased the prices of Kwid, Triber and Kiger by nearly 2 per cent.

Due to this revision, these cars have become costlier by Rs 8,000 to Rs 15,000.

What is the new price change for Nissan cars?

Nissan has hiked the price of its popular SUV Magnite by up to 3 per cent.

Depending on the variant, Magnite is now Rs 17,000 to Rs 32,000 costlier.

Price hike affecting EVs

The electric vehicle segment has seen a price jump. MG Windsor EV prices have increased by Rs 30,000– Rs 35,000

MG Comet EV is now Rs 15,000– Rs 20,000 costlier

Have luxury car prices gone up as well?

Luxury brands are no exception. Mercedes-Benz and BMW have increased prices by 2 per cent to 3 per cent, pushing the cost of some models up by more than Rs 1 lakh.

Why have car prices increased?

Automobile manufacturers have cited the following key reasons:

• Rising raw material and input costs.
• Higher logistics and transportation expenses.
• Currency fluctuation and global economic pressure.

What does this mean for buyers?

New car purchase in 2026 has just become a little more expensive. According to the insiders of the industry, this trend may be adopted by others in the near future, thus making it imperative for car buyers to be very precise with their purchase budgets.

Here are some Frequently Asked Questions (FAQs) you must know about:

Which car brands have officially increased prices from January?

Hyundai, Honda, Renault, Nissan, MG, Mercedes-Benz and BMW these brands have changed their price lists.

By how much have car prices increased on average?

The increases in prices vary by brand and model starting from Rs 8,000 going up to more than Rs 1 lakh.

From when are the new prices applicable?

New car prices have been set for all the major car brands starting from January 1, 2026.