[Surprise]

Hyundai slashes car prices in Tamil Nadu

Implementation of VAT in Tamilnadu has resulted in reduction of car prices. Hyundai has cut prices of its cross across all segment. Good that Verna CRDI will be cheaper by 8K & sonato MT by 9k.

[theMAG]

Nice. You folks can now put some more cars onto that race track now.

[Raajiv]

Originally Posted by theMAG

Nice. You folks can now put some more cars onto that race track now.

MAG,

IS it the Race Track,guess you meant we have to stop in Traffic Jam (Chennai is horribly bad) with more cars on road now.

[esteem_lover]

Great News. Now you can have that Sony MP3 player that you so dearly wanted all your life.

[hrag]

Good move by Hyundai. We'll have to wait and see what the others do. Tata is announcing its revised prices tomorrow.

[rohitbagai]

Well.....Hyundai has increased price of VERNA CRDi by 10,000 .

[rohitbagai]

Verna introductory prices revised:-
New Delhi, Jan 5, 07: Hyundai Motor India today announced an increase in the introductory price of its latest mid-size offering the Hyundai Verna.

The price increase on the Hyundai Verna will be for both the diesel and petrol models. The price increase varies from Rs 3,500 for its base petrol model to Rs 10,000 for its state-of-the-art diesel model

All prices Ex-showroom, New Delhi

[Surprise]

Originally Posted by rohitbagai

Well.....Hyundai has increased price of VERNA CRDi by 10,000 .

Good that slash in duties almost compensated the hike in prices.

[ravibhat]

Yea this is whats been happenning every time if there is reduction in tax there will be increase in Car's cost so bottomline no major changes in price.

Regards,

Ravi.

[theMAG]

At worst, you guys will still be paying the original rate inclusive of the price hike. Rest of us folks will have to pay an upped price with the hike. So - TN folks : you can still enjoy your cars more than other Indians.

[Surprise]

Wanted to book 2 Verna CRDI (company booking). They said net price increase for Verna CRDI is Rs.6k.

When I explained them saying the VAT reduction accounts to 8K & the price increase announced by Hyundai is Rs.10k, hence the net increase should only be Rs.2K.

They don't have answers and simply say the amount of increase is from Hyundai after doing all such calculations. But they were not ready to explain how those calculations were made. Atleast wanted to understand where that extra 4k goes.

[esteem_lover]

Probably into the dealers pants. Whenever a tax cut happens, the dealers are behind the mfr to pass the difference to them, sometimes a percentage & sometimes the whole of it.