Toyota Kirloskar Motors has announced a price hike across its entire model range at the beginning of 2024. The prices for Toyota vehicles have increased by up to ₹42,000. This increase affects popular models like the Urban Cruiser, Innova Crysta, and Innova Hycross.
Toyota Innova Hycross Price Hike
- The majority of potential buyers for the Innova Hycross may not be significantly affected by this price increase.
- The Innova brand has established itself in the luxury and premium segments in India.
- Toyota suggests that buyers may not be deterred by a modest increase of around ₹50,000, considering the vehicle’s popularity, especially among taxi operators.
Impact on Base Variant Price
- The price of the base GX trim has seen an increase of ₹10,000.
- Toyota had recently introduced a limited edition based on the GX trim, but it has now been discontinued.
- Currently, the GX, VX, VX (O), ZX, and the top-spec ZX (O) trims are available in the market.
- After the base-spec GX trim, all other variants across the lineup have witnessed a ₹42,000 price hike.
Variants and Pricing:
- Base Variant Price: The base GX trim, post the increase, starts at ₹19.77 lakhs (ex-showroom).
- Hybrid Variant Price Hike: The robust hybrid (petrol + electric) powertrain is available in VX, VX (O), ZX, and ZX (O) trims, all witnessing a ₹42,000 increase. The VX trim now starts at ₹25.72 lakhs, while the top-end 8-seater variant of the ZX (O) trim is priced at ₹30.68 lakhs.
Conclusion: Despite the price hike, Toyota Innova Hycross continues to offer a compelling option in the premium MPV segment. The enhanced hybrid powertrain, coupled with various trims and seating configurations, ensures that the Innova Hycross caters to diverse preferences and requirements.
Prospective buyers are advised to check with Toyota dealers for the latest on-road prices and any additional features introduced with the updated models. While the price increase is a part of regular industry adjustments, the overall value proposition of the Toyota Innova Hycross remains strong in the Indian automotive market.
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