Car Prices set to Increase

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December was the month when nearly every one was offering discounts to meet their year end targets. Now that 2006 is left behind, most car makers are looking to increase prices in a week or two. Some hike new here:

* Honda is increasing the price of Civic by Rs.12,000 and City prices will go up by Rs.5,000 to 8,000.
* Tata Motors increases the price of Safari by Rs.10,000 to 15,000 and Sumo by Rs.5,000.
* Hyundai to increase Verna price by Rs.3,500 to Rs.10,000, but is going to reduce prices in Tamil Nadu.
* Ford Fiesta is going to be costlier by Rs.10,000 and Endeavour by Rs.15,000, and Maruti may hike prices of Zen Estilo though it is not yet confirmed.

So be prepared to shell out a few more thousands if you are planning to buy a car now. Even if you book today, you might still have to pay more, since the price you pay will be the price on the day of delivery and not on the day of booking.