Are you thinking about buying a Hyundai Venue and wondering what the on-road price might be? You’re not alone! The Venue has gained popularity in the compact SUV segment for its stylish design, robust performance, and affordability. However, when considering the purchase of a car, one of the most important aspects to think about is the on-road price. In this blog post, we will break down what the Venue on-road price is, the factors that influence it, and how you can estimate your total cost before making a purchase.
What Is the On-Road Price of a Car?
Before diving into the specifics of the Venue, let’s first understand what the on-road price of a car is. The on-road price is the final price you pay when buying a car. It includes several costs, such as the ex-showroom price, registration charges, road tax, insurance, and any additional charges for accessories or other services. Essentially, the on-road price is the total cost of getting the car on the road and ready for use.
Why Is the On-Road Price Important?
The on-road price is crucial because it gives you a realistic idea of how much you need to spend to bring the car home. While the ex-showroom price may seem attractive, it doesn’t include many additional costs that can add up. Understanding the on-road price helps you make a well-informed decision and avoid any surprises when you head to the dealership to finalize your purchase.
Hyundai Venue On-Road Price: A Breakdown
The Hyundai Venue is available in several variants, and the on-road price can vary based on the model, location, and additional features you opt for. Here’s a general breakdown of what contributes to the on-road price of the Hyundai Venue:
- Ex-Showroom Price: This is the basic price of the car set by the manufacturer. It varies depending on the variant (S, SX, SX(O), etc.) and the engine option (petrol or diesel).
- Registration Charges: Every state in India has different registration charges, which are a part of the on-road price. The cost can vary based on the city and state you are in.
- Road Tax: This is a state-level charge and is mandatory for every car. Road tax is generally calculated as a percentage of the ex-showroom price and is used for maintaining roads and infrastructure.
- Insurance: Car insurance is a crucial part of the on-road price. It covers the vehicle against damage, theft, or accidents. The cost of insurance will depend on the type of coverage (third-party or comprehensive) and the car’s value.
- Handling Charges: Sometimes, dealerships charge handling fees for services such as transport, documentation, and other administrative tasks.
- Accessories and Customizations: If you choose to add any additional features, like alloy wheels, seat covers, or a music system, the cost of these accessories will be added to the on-road price.
- Other Miscellaneous Charges: Some dealerships may include other charges such as fast-tag fees, extended warranty, or service packages, which contribute to the final cost.
Estimated Venue On-Road Price in Different Cities
The on-road price of the Hyundai Venue can vary across different cities due to the variation in taxes and other charges. On average, here’s a rough idea of the on-road price range for the Venue in major cities in India:
- Delhi: ₹8.5 lakh – ₹12.5 lakh
- Mumbai: ₹9.0 lakh – ₹13.0 lakh
- Bangalore: ₹8.8 lakh – ₹12.8 lakh
- Chennai: ₹8.6 lakh – ₹12.6 lakh
- Kolkata: ₹8.7 lakh – ₹12.7 lakh
These prices can fluctuate slightly based on the exact variant and any additional accessories or services you select. It’s always best to check with a local dealer for the most accurate pricing.
How to Calculate the Venue On-Road Price Yourself
To estimate the on-road price of the Hyundai Venue in your area, you can follow these steps:
- Start with the Ex-Showroom Price: Check the price of the variant you want to buy.
- Add Registration Charges and Road Tax: These charges can usually be calculated as a percentage of the ex-showroom price. You can find the exact percentage for your state online or by asking your dealer.
- Include Insurance: Get a quote for insurance based on the type of coverage you prefer.
- Account for Accessories: If you want any additional features or customizations, add the cost of these to your total.
- Ask for Miscellaneous Charges: Inquire about any extra fees or handling charges that might be added.
Once you have all these details, you can get an accurate idea of the total on-road price.
Discounts and Offers on Venue
Many dealerships offer discounts and promotions on the Hyundai Venue, especially during festive seasons or end-of-year sales. These discounts may help reduce the on-road price, so it’s worth asking your dealer about any ongoing offers.
You can also look out for financing options, where dealerships partner with banks or financial institutions to offer easy EMIs (equated monthly installments). Sometimes, dealerships may waive certain fees or offer better insurance packages when you opt for financing, which could affect the on-road price.
Factors That Affect the On-Road Price of the Venue
Several factors can influence the on-road price of the Hyundai Venue, including:
- Location: As mentioned earlier, taxes, registration charges, and other costs vary from state to state.
- Variant and Features: The higher the variant and the more features you add, the higher the on-road price will be.
- Time of Purchase: Discounts and offers can vary based on the season or even the dealer’s stock.
- Financing Method: If you’re opting for a loan, the interest rates and loan tenure can affect the final cost over time.
Conclusion
Understanding the Hyundai Venue’s on-road price is essential to making an informed decision. While the ex-showroom price gives you a base idea, the total cost includes various other charges like registration, insurance, and accessories. By factoring in all these elements, you can accurately estimate how much you’ll be paying for your new Venue. Whether you’re purchasing in Delhi, Mumbai, or any other city, it’s important to consult with your local Hyundai dealership for the most precise pricing. Happy car shopping!