Full list of Thar price hikes: Up 2.2L in just 1.5 years!

My LX Diesel CT AT was 16.47 on-road in Nov 2020, it is an eye-watering 15.94 ex-showroom now.

BHPian ph03n!x recently shared this with other enthusiasts.

Bet it is! 16+% appreciation in less than 18 months!

My LX D CT AT was 16.47 on-road in Nov 2020 – it is an eye-watering 15.94 ex-showroom now. If I were to buy my Thar again, I would be paying 19.25 lakhs on-road here and 20+ OTR prices in KA?!!!

And looks like my variant has the highest price increase from launch, 16.8% – comparatively, the Diesel manual variants seem to be more “VFM” with the least price hike.

While the earlier price hikes were more on the AT variants, the current price hike impacts the base AX’s Diesel CT the most – almost 7% in 2022. The hike is also relatively lower for the AT variants – all other variants have seen the highest % hike since launch, while the Jul ’21 was the highest % hike for the AT variants.

This gives an interesting view of how the inter-variant price difference has changes along with the price hike. The LX Diesel manual variants have almost similar price differential vs. lowest priced variant, AX Petrol MT CT. LX Petrol MT HT seems to be a distant second in terms of comparative price difference vs. base, at close to 17%. All other variants are at least 33% higher vs. the base variant when compared to launch prices.

While the last two hikes maintained the same difference from base among the AX variants, this hike has targeted the AX Diesel MT CT the most – it is now has a 76% higher price difference vs. the base variant when compared to launch (or the last 2 hikes).

While at it, I also compared the ex-factory prices. It is the 28% GST and 20% Cess that is adding up to the ex-showroom – all manual variants are under 10 lakhs ex-factory! Those among us who already shed a tear of blood on taxation, here’s more hemoglobin for you.

EDIT – Updated tables with approx Jan ’22 price increase.

Here’s what BHPian dr_TJ had to say on the matter:

Price hike is happening across all brands it seems.

That in turn has jacked up the prices of pre-owned cars as well.

Keyword: Full list of Thar price hikes: Up 2.2L in just 1.5 years!