Hyundai’s popular sub-4 meter SUV, Hyundai Venue offered with heavy discounts in March 2024. This could be great news for those considering a new compact SUV, but is it the perfect time to pull the trigger? Let’s delve into the details and help you decide.
The Hyundai Venue has traditionally not been a car heavily discounted by dealerships. This March, however, things are different. A combination of factors, including potential year-end stock clearance and increased competition, has led to a discount package of up to ₹30,000 being offered on select Venue models.
Hyundai Venue offered with heavy discounts in March 2024 – A Rare Treat for Venue Buyers
There’s a cash discount of up to ₹20,000 that directly reduces the sticker price, making the Venue more affordable upfront. On the other hand, there’s an exchange bonus of up to ₹10,000. This adds value to your trade-in if you’re planning to get rid of your old car for a new Venue. Let’s illustrate this with an example. Imagine the Venue you’ve got your eye on has a price tag of ₹8 lakh. With the full discount applied, you could be looking at a final on-road price closer to ₹7.7 lakh, a significant saving of ₹30,000.
Tempting Offer, But Wait! Do Your Research
While the discounts are certainly enticing, it’s crucial to make a well-informed decision before driving off in a new Venue. Here are some key factors to consider:
- Your Needs and Budget:
Does the Venue fit your bill? Consider the size, features, and performance you need in an SUV. Does it comfortably seat your family and have the cargo space you require?
Next, ensure the discounted price falls within your budget. Don’t get swept away by the savings and end up stretching your finances beyond comfort.
- Research the Venue Itself:
Read reviews from auto experts and user testimonials to get a well-rounded picture of the Venue’s performance, fuel efficiency, safety ratings, and ownership experience.
Factor in long-term costs like maintenance schedules and fuel efficiency. While the initial price might be lower due to the discount, high maintenance costs or poor fuel economy could negate the savings in the long run.
- Consider the Competition:
The Venue isn’t the only player in the sub-4 meter SUV segment. Explore competitors like the Maruti Brezza, Kia Sonet, Tata Nexon, and Mahindra XUV300.
Compare features, specifications, and most importantly, on-road prices (factoring in any discounts they might be offering).
Also read: Maruti Fronx: Budget-Friendly SUV with Punch (Petrol, CNG, and More!)
Making the Right Choice: It’s All About You
The decision to buy a car, especially with discounts involved, is a personal one. Here’s a quick recap:
- The Venue is currently being offered with attractive discounts of up to ₹30,000.
- These discounts can significantly reduce the final price of the car.
- However, don’t let the discounts cloud your judgment. Consider your needs, and budget, and research the Venue thoroughly.
- Explore competitors and compare their features and pricing.
Ultimately, the decision of whether to buy the Venue now boils down to your requirements and research. If the discounted Venue perfectly fits your needs and budget, it could be an excellent time to snag a great deal. However, if you’re unsure or have doubts, take your time, research further, and ensure you’re making a well-informed choice for your next car.
In July 2023, Hyundai released a new budget-friendly option for the Venue called the Executive Edition. This version is only available with a 1.0-liter turbocharged gasoline engine and a manual transmission. It costs ₹10 lakh (ex-showroom) and has some extra features compared to the previous base model. The Venue Executive Edition replaces the S(O) Turbo MT as the most affordable option for those who want the turbocharged engine.