Creta, Seltos, Grand Vitara & Elevate Price Comparison:
The compact SUV segment in India is witnessing a surge in competition as it gains popularity, with new models continually entering the market. Honda recently introduced the Elevate in the compact SUV segment, priced starting at ₹11 lakhs (ex-showroom), going up to ₹16 lakhs for the top-end variant.
Competition in the Compact SUV Segment
In this competitive arena, several models like the Hyundai Creta, Kia Seltos, Maruti Grand Vitara, Toyota Harrier, VW Taigun, Skoda Kushaq, and MG Astor are vying for market share. Among these, the Creta, Seltos, and Grand Vitara are the most prominent players, known for their strong sales performance. However, there are some key differences in their pricing.
The Honda Elevate is priced between ₹11 lakhs and ₹16 lakhs, depending on the variant. In contrast, the Hyundai Creta starts at ₹10.87 lakhs and goes up to ₹19.20 lakhs, while the Kia Seltos ranges from ₹10.90 lakhs to ₹20 lakhs. The Maruti Grand Vitara is priced between ₹10.70 lakhs and ₹20 lakhs. It’s important to note that all these prices are ex-showroom. Among them, the Grand Vitara offers the most affordable starting price.
Top 5 SUVs
As of now, the Elevate has not yet begun its sales, whereas the Creta and Grand Vitara were among the top 5 selling SUVs in August. The best-selling SUVs in August included the Maruti Brezza (14,572 units), Tata Punch (14,523 units), Hyundai Creta (13,832 units), Maruti Fronx (12,164 units), and Maruti Grand Vitara (11,818 units).
In conclusion, the compact SUV segment in India is thriving, with new entrants like the Honda Elevate adding to the competition. While the Creta, Seltos, and Grand Vitara are already well-established, the Elevate aims to carve a niche for itself. Pricing plays a crucial role in this competitive market, with the Grand Vitara leading in affordability. As the market evolves, it will be interesting to see how these SUVs fare in terms of sales and consumer preference.