Hyundai Car Prices Slashed Under GST 2.0 from 22 Sept 2025
On 22 September 2025, India’s new Goods & Services Tax reform—dubbed GST 2.0—comes into effect. One of the big winners is consumers buying Hyundai cars, as Hyundai Motor India Limited (HMIL) is passing on the full benefit of the revised tax slabs after Hyundai Car Prices Slashed. Across many popular Hyundai models, ex-showroom prices have dropped, especially in the small / compact and mid-SUV segments. This move is expected to boost demand, especially in the upcoming festive season.
What is GST 2.0 & What Changed: Hyundai Car Prices Slashed
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The GST Council approved simplified tax slabs. Most goods (including many cars) will now fall under 18 % GST, while ultra-luxury / premium vehicles may be taxed higher (≈ 40 %) or have different treatment.
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Key changes for automobiles: removal or reduction of additional cesses, rationalisation of tax burdens across variants / engine sizes. mint
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For internal-combustion engine (ICE) Hyundai cars, the benefit is substantial; electric vehicles (EVs) generally continue to be taxed at low slab (≈ 5%) and are less affected. CarDekho
Hyundai’s Response: New Prices & Savings
Hyundai has officially announced that all Hyundai car prices slashed will be effective from 22 September 2025.
Here are specific examples of savings by model / variant (ex-showroom, India):
Model | Max Savings (Approx) | Examples of Price Drop* |
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Tucson (premium SUV) | Up to ~ ₹2,40,000 | Some top variants see reductions of ~₹2.39 lakh. |
Venue / Venue N Line | ~ ₹1,10,000 to ₹1,23,000 | E.g. base and higher trims of Venue see ₹67,000-₹1,32,750 drop. |
i20 & i20 N Line | ~ ₹80,000-₹1,08,000 | Depending on variant. |
Exter | ~ ₹30,000-₹90,000 | Smaller SUV / micro-SUV segment; base to top trims show varied reductions. |
Verna / Grand i10 Nios / Alcazar / Creta | ₹40,000-₹75,000 roughly (higher trims more) | All see decent cuts. |
*Exact savings depend heavily on variant, fuel type, engine, and geographic state (local taxes etc.). Always verify with your local dealer. *
Implications for Buyers & Market after Hyundai Car Prices Slashed:
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Festive buying window: With Navratri and general festival season starting around now, Hyundai’s reductions make now a more attractive time to purchase.
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Higher affordability for small / compact cars: The tax cut proportionally benefits smaller cars more in percentage terms, so first-time buyers and those in urban / compact segments benefit.
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Competition heats up: Other automakers (Tata, Mahindra, etc.) are also cutting prices ‒ this may lead to better deals, exchange offers, and financing options. mint
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Dealer stock & waiting times: Demand is likely to surge; some models / variants may have waiting periods. Buyers should check delivery timelines.
Things to Watch Out For
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State-level taxes & registration fees: Even if ex-showroom prices fall, total cost to buyer includes road tax, registration, insurance etc., which vary by state.
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Variant-specific features: High-trim variants may have accessories / features whose costs are less affected by GST changes, so savings may be smaller percentage-wise.
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Fuel / ownership cost: While purchase cost is down, running costs (fuel, maintenance) still matter. Also, EVs remain treated separately.
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Aftermarket / add-ons: If adding dealer accessories, etc., check whether they attract old or new tax rates.
Model-Wise New Price Snapshot (Hyundai)
Here are a few representative Hyundai models with old vs new ex-showroom prices. All reductions effective 22 September 2025. Autocar India
Hyundai Model | Old Ex-Showroom Price (Some Variant) | New Price | Approx Reduction |
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Creta (base petrol) | ~ ₹11,10,900 | ~ ₹10,72,589 | ₹38,311 |
Venue (base petrol) | ~ ₹7,94,100 | ~ ₹7,26,381 | ~₹67,719 |
Tucson (premium) | ~ ₹29,26,800 | ~ ₹27,31,661 | ~₹1,95,139 |
i20 (Magna) | ~ ₹7,78,800 | ~ ₹7,12,385 | ~₹66,415 |
Verna (EX) | ~ ₹11,07,400 | ~ ₹10,69,210 | ~₹38,190 |
Exter (base) | ~ ₹5,99,900 | ~ ₹5,68,033 | ~₹31,867 |
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Conclusion
The rollout of GST 2.0 on 22 September 2025 marks a significant moment for car buyers in India, especially those eyeing Hyundai models as Hyundai Car prices are slashed at its lowest. The tax simplification and rate reductions have enabled Hyundai to lower ex-showroom prices significantly — in some cases by lakhs. For buyers, it means better value, especially in smaller and mid-segment vehicles. If you’re considering a new Hyundai, this is a good time to check your preferred model, variant, and local dealer to lock in savings before variant availability becomes constrained.
Frequently Asked Questions (FAQs)
Q1. How much have Hyundai car prices slashed after GST 2.0?
A: Depending on the model and variant, Hyundai cars have become cheaper by ₹30,000 to ₹2.4 lakh. For instance, the Hyundai Tucson saw the highest drop (around ₹2.4 lakh), while smaller cars like the Exter and i20 saw reductions between ₹30,000 and ₹90,000.
Q2. From when are the new Hyundai car prices slashed news effective?
A: The revised prices are effective from 22 September 2025, the date GST 2.0 came into force across India.
Q3. Which Hyundai model has the maximum price cut?
A: The Hyundai Tucson, a premium SUV, witnessed the largest price reduction — up to ₹2.4 lakh on higher variants.
Q4. Are Hyundai electric cars (EVs) also cheaper under GST 2.0?
A: EVs in India already enjoy a 5% GST rate, which remains unchanged. So, Hyundai EVs like the Ioniq 5 and Kona Electric are largely unaffected by GST 2.0.
Q5. Do the new price cuts apply across all Indian states?
A: Yes, Hyundai has slashed ex-showroom prices nationwide. However, the on-road cost will still vary because road tax, registration charges, and insurance differ by state.
Q6. Is this a limited-time offer or a permanent price reduction?
A: These are permanent price cuts resulting from the GST 2.0 reform, not a temporary discount scheme.
Q7. Should I wait for festive offers in addition to GST benefits?
A: Many dealers combine GST price reductions with festive discounts, exchange bonuses, and finance offers, so buyers during the upcoming festive season can expect additional benefits.
Q8. Where can I check the updated Hyundai price list?
A: The updated GST 2.0 Hyundai price list is available on Hyundai India’s official website and at authorized dealerships. Leading auto portals like Autocar India, CarDekho, NDTV Auto have also published detailed lists.
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