If you have been keeping an eye on the compact SUV segment, you might have already noticed the buzz around the Honda Elevate Price Hike January 2026. Honda’s only SUV offering in India, the Elevate, has quickly gained popularity since its launch. But as we step into the new year, buyers are in for a surprise with a fresh round of price changes. Yes, the Honda Elevate Price Hike January 2026 is here, and it is not just a small bump—it goes up to Rs 60,000 depending on the variant.
This hike is not just a random increase. It reflects Honda’s evolving strategy in a very competitive SUV segment. Whether you are planning to buy a new Elevate or are just curious about the market dynamics, this article breaks down the revised pricing, variant-wise updates, and what it means for you as a buyer. So let us take a closer look at the price hike and the bigger picture.
Honda Elevate Price Hike January 2026
Honda has updated the prices of the Elevate SUV for January 2026, with the increase going up to Rs 59,900. The changes are not uniform across variants and vary between manual and automatic versions. The most notable hike is for the base SV variant, which now starts at Rs 11.6 lakh. Despite this, Honda is holding strong in the 4.2 to 4.4-meter SUV category, competing with top players like Hyundai Creta and Kia Seltos.
The Honda Elevate Price Hike January 2026 appears to be a move driven by rising input costs, localization strategy, and a push to maintain margins without compromising features. It may not be good news for buyers aiming for the entry variant, but Honda’s consistent sales performance suggests that demand remains stable. Even with this increase, Elevate still offers a reliable and comfortable experience for urban and highway drives.
Overview Table: Honda Elevate Price Hike – January 2026
| Variant / Detail | Updated Information |
| Base Variant Name | SV |
| Highest Price Hike Amount | Rs 59,900 |
| SV Manual Old Price | Rs 11.00 lakh |
| SV Manual New Price | Rs 11.60 lakh |
| V Manual Price Hike | Rs 9,990 |
| VX Automatic Price Hike | Rs 13,590 |
| ZX Manual New Price | Rs 14.98 lakh |
| ZX Automatic New Price | Rs 16.16 lakh |
| Extra Cost for ZX Black | Rs 10,000 |
| Competing SUV Segment | 4.2m – 4.4m segment |
Variant-Wise Price Changes
The new prices make a clear statement about where Honda wants to position the Elevate in the market. Starting with the SV variant, it now sees a jump of Rs 59,900, moving the base price from Rs 11.00 lakh to Rs 11.60 lakh. For many first-time SUV buyers, this could feel like a big leap. The V variant gets a hike of Rs 9,990, keeping things relatively modest whether you go for the manual or automatic.
The VX trim has seen a more significant bump of Rs 13,590, reflecting its growing popularity among mid-level buyers. The top-end ZX variants, both in manual and CVT automatic, now cost Rs 14.98 lakh and Rs 16.16 lakh respectively. On top of that, if you choose the Black Edition, you will need to pay Rs 10,000 more. These increases show that Honda is gradually moving Elevate towards a slightly more premium image in the segment.
Market Response and Sales Performance
Despite a crowded market, Honda Elevate has maintained its presence well. In November 2025, the SUV sold 1,836 units and secured the sixth spot in the 4.2m to 4.4m SUV segment. This was a 10.07 percent year-on-year growth, which is impressive. However, there was also a 16.01 percent drop in sales compared to October, which could be due to the price hike anticipation or festival season dynamics.
With the Honda Elevate Price Hike January 2026, some short-term sales slowdown might occur in the lower trims. But Honda has always been known for playing the long game in India. The Elevate still offers solid value for money and a trusted brand experience. Even at higher prices, buyers may continue to choose it over less reliable or newer rivals.
Upcoming Plans from Honda India
Honda is not stopping with Elevate. The company has ambitious plans to introduce 10 new cars in India by 2030, and seven of these will be SUVs. That alone signals a shift in focus towards what Indian buyers want the most. From the Honda Prelude sportscar to the fully electric Honda 0 Alpha SUV, the lineup is expected to offer everything from thrill to sustainability.
The brand also aims to localize EV technology in India, reducing cost pressure in the future and helping Honda stay competitive as electric adoption grows. Traditional petrol-powered SUVs like the ZR-V are also on the radar for the Indian market. All of these efforts will likely impact how Elevate fits into the overall portfolio, both in pricing and positioning.
Two Key Takeaways from the Price Hike
- Entry Variant is No Longer Budget-Friendly: With the SV manual now priced at Rs 11.6 lakh, Elevate is stepping into a slightly premium zone even at the base level.
- Consistent Price Bumps Across Trims: Honda has spread the increase across all variants in a balanced way, keeping the brand’s value perception intact while handling rising input costs.
FAQs
1. Why did Honda increase the price of the Elevate in January 2026?
The price increase is mainly due to rising production costs and Honda’s effort to maintain product profitability while offering competitive features.
2. Which variant of the Honda Elevate received the highest price hike?
The base SV manual variant saw the biggest hike, with an increase of Rs 59,900.
3. Is the price hike uniform across all variants?
No, the price hike varies by variant and transmission type, ranging from Rs 9,990 to Rs 59,900.
4. Will this price hike affect the Elevate’s market sales?
There may be a temporary dip in demand for lower trims, but Honda’s brand strength and upcoming updates may balance it out.
5. What other cars is Honda planning to launch in India?
Honda plans to launch ten new models by 2030, including electric vehicles like the Honda 0 Alpha and more SUVs to meet growing market demand.