Hyundai slashes prices in May: Up to Rs 1.05 lakh off on Creta, Verna, i20 & i10

If you’ve been eyeing a Hyundai lately, May might just be the month you’ve been waiting for. The manufacturer announced a series of price reductions that shave off up to a whopping ₹1.05 lakh from the on‑road cost of its most popular cars.

Let’s start with the Creta – India’s favourite compact SUV. Depending on the variant, the discount ranges between ₹65,000 and ₹85,000, pushing the entry‑level model to a price point that borders on the budget‑friendly end of the segment. The Verna, Hyundai’s sleek sedan, sees a similar treatment with cuts of roughly ₹70,000 to ₹90,000, making it a more accessible option for families looking for a touch of elegance without the premium price tag.

For hatchback enthusiasts, the i20 gets a tidy reduction of about ₹60,000, while the ever‑compact i10 enjoys a discount of roughly ₹55,000. In plain terms, you could be driving home a brand‑new i10 for less than many used cars on the market today.

But why the sudden generosity? Industry analysts point to a few factors. First, the Indian automotive market has been cooling off a bit, prompting manufacturers to sweeten the pot to keep footfall steady. Second, Hyundai is keen to clear out older inventory before the next generation of models rolls out later in the year. And finally, the push aligns with the company’s broader strategy to boost market share in the fiercely competitive compact and sub‑compact segments.

Beyond the sticker price, Hyundai is also tossing in some financing goodies. Selected dealers are offering lower EMI packages on 0%‑interest loans for up to three years, plus zero‑down‑payment options for select variants. For those who like to keep things simple, there’s a bundled insurance‑and‑service‑plan that can be added at a nominal cost.

What does this mean for you, the buyer? In short, you get more car for less cash, and the added finance perks make it easier to get behind the wheel without stretching your budget. If you’ve been debating between the Creta and a rival like the Kia Seltos, the new pricing might tip the scales in Hyundai’s favour.

Of course, it’s wise to act fast. Discounts are limited to the first 300 units per model on a first‑come, first‑served basis, and the offer expires at the end of May. So if you’ve been thinking about a new Hyundai, now is probably the best time to make that call.