Hyundai Cars Cheaper by Up to ₹2.4 Lakh: New Price List After GST Cut

For potential car buyers, the most pressing question right now is: "How much cheaper are cars after the new GST reforms?" Hyundai Motor India has answered decisively, announcing sweeping price cuts of up to ₹2.4 lakh across its entire passenger vehicle line-up. The company is one of the first to pass on the full benefits of the recent GST overhaul to its customers, a move set to ignite the market just ahead of the festive season. This guide breaks down the new, lower prices for every model, explains why this is happening, and what it means for you.

Table of Contents

1. How Much Cheaper Are Hyundai Cars Now? The Full Price Cut List
2. Why is Hyundai Cutting Prices? The GST 2.0 Effect Explained
3. How Will This Impact Festive Season Car Buying?
4. What Does This Mean for the Auto Market and Competitors?
5. Frequently Asked Questions (FAQs)

How Much Cheaper Are Hyundai Cars Now? The Full Price Cut List

Effective from September 22, 2025, car buyers will see significant savings across Hyundai's portfolio, from the entry-level Grand i10 Nios to the premium Tucson SUV. Here is a breakdown of the maximum price reduction you can expect on some of Hyundai's most popular models:

To see Hyundai's latest stock performance, price chart, and key valuation ratios, check the Hyundai share price now.

Why is Hyundai Cutting Prices? The GST 2.0 Effect Explained

These substantial price drops are a direct consequence of the government's landmark GST 2.0 reforms. The key change for the auto industry was the reduction of the tax rate on small cars (under 4 metres in length with specified engine capacities) from 28% down to 18%.

While larger vehicles like the Tucson now fall under a new 40% GST slab, the elimination of previous additional cesses has resulted in a net effective tax reduction, allowing Hyundai to slash its price by over ₹2.4 lakh. By passing on 100% of these savings, Hyundai is making its vehicles more accessible and setting a competitive new benchmark in the market.

There’s a detailed video by IPO and Stock on YouTube that breaks down Hyundai’s updated car prices post-GST reform, covering models like Creta, i10, i20, Venue, and Aura — worth watching for a complete price perspective.

How Will This Impact Festive Season Car Buying?

The timing of this announcement is perfect for consumers. The new prices will be active just as the Navratri and Diwali festive period begins—a time when vehicle purchases traditionally peak in India.

• Stimulating Demand: After a slight 10% dip in domestic sales in July 2025, Hyundai is poised for a strong rebound. The lower prices are expected to act as a major catalyst for sales.

• Boosting a Strong SUV Portfolio: SUVs made up 69% of Hyundai's sales in the first quarter of FY26. With significant price cuts on the Venue, Exter, and Creta, the company's dominance in this high-demand segment is set to strengthen further.

• Expanding Rural Reach: Hyundai's sales in rural markets hit a record 22.6% in Q1 FY26. The increased affordability will make its cars even more attractive to buyers in these price-sensitive areas.

What Does This Mean for the Auto Market and Competitors?

Hyundai's proactive move to pass on the full tax benefit puts it in a powerful competitive position. It places immense pressure on rival manufacturers like Maruti Suzuki, Tata Motors, and Mahindra to announce similar price cuts to stay in the game for the festive season sales crown.

Unsoo Kim, the Managing Director of Hyundai Motor India, lauded the government's decision as a "progressive and far-sighted move" that will make personal mobility more accessible. While Hyundai Motor India is not listed on Indian stock exchanges, its decisive strategy is expected to bolster its market share and is a strong positive indicator for the health of the overall Indian auto market.

To understand how rivals are responding, check the detailed coverage of Tata Motors GST Benefits, and if you want to see how the equity markets are pricing these policy changes, the Auto Stocks Rally analysis provides deeper insights into sector-wide investor sentiment.

Frequently Asked Questions (FAQs)

Q1: Which Hyundai car has received the biggest price cut?
A1: The premium Hyundai Tucson has received the most substantial price reduction, with its price being slashed by up to ₹2,40,303. Among the more mass-market models, the Hyundai Venue sees a significant price drop of up to ₹1,23,659.

Q2: When will the new, lower prices for Hyundai cars be effective?
A2: The new prices will take effect from September 22, 2025, aligning perfectly with the start of the Navratri festive season.

Q3: Is the price of the Hyundai Creta also reduced?
A3: Yes, the price of the Hyundai Creta, one of India's best-selling SUVs, has been reduced by up to ₹72,145.

Q4: Why did the government cut GST on cars?
A4: The government reduced the GST on small cars from 28% to 18% as part of a broader economic reform to make goods more affordable, boost consumer demand, and stimulate growth in key sectors like the automotive industry.

Q5: Will other car brands also cut their prices?
A5: It is almost certain. Hyundai's aggressive move to pass on the full benefit sets a new market standard. Competitors will be under intense pressure to announce their own price cuts to remain attractive to buyers during the crucial festive season.