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Compared: The Innova Crysta's price hikes vs ITC share price

Being an Innova Crysta owner myself I can vouch for its reliability and dependability, but looking from a third person’s perspective the price hikes seem a bit too ambitious and atrocious.

BHPian QuentinTino recently shared this with other enthusiasts.

Toyota India has just announced that it has increased the prices of its vehicles by over one lakh rupees including the Innova Crysta! Being an Innova Crysta owner myself I has been following the price revisions of the car very closely.

And just for reference we shall see how the ITC share price goes and performs in comparison

Let us take the model 2.4 GX AT for reference.

Year: 2016

Year: 2020

Year: 2022

Conclusion-

  • Innova (GX AT) Price up by ₹5.64L = over 35%
  • ITC share Price up by ₹33 = 13%

Inference-

Being an Innova Crysta owner myself I can vouch for its reliability and dependability, but looking from a third person’s perspective the price hikes seem a bit too ambitious and atrocious. Nevertheless the product is going to sell like hot cakes, I can vouch for it.

In life be an Innova Crysta, not ITC

BHPians! What is your take on this exorbitant price increase!

Here's what BHPian SmartCat had to say on the matter:

If you had bought Rs. 20L worth of ITC shares along with your Innova Crysta, you would have received Rs. 1.2L per year as dividends. That would have taken care of your Innova Crysta's diesel, insurance and maintenance bills.

Here's what BHPian SPARKled had to say on the matter:

So what you are saying is that people who got their Crystas a few years back have not lost any money due to depreciation as the new prices have increased to absurd levels and that I can actually sell my Crysta at a profit ?

Here's what BHPian Romeo_Mike had to say on the matter:

This is kind of what I was thinking the other day

I was thinking one day not far from today, we would see these instruments traded on the stock exchanges -

  • Toyota Legender 2.8 AT 4x4 Dec Fut
  • Toyota Fortuner 2.8 AT 4x2 Sep Fut
  • Toyota Innova Crysta 2.4 Z Dec Fut

And so on and so forth...

Infact this could be the only way ordinary folks like me can be associated with these err.. legendary vehicles

Read BHPian comments for more insights and information.




 

 
Power to the people