Honda Elevate Car Loan – Price List 2024, Features

Honda Elevate compact suv has been showcased to the dealers recently at an exclusive event in Thailand. The initial response has been good. It has a modern design, loaded with features and a powerful engine option.

Honda Elevate Compact SUV for India

Honda Elevate

Speaking about exterior design, it will be inspired by Honda’s new design language. We expect a large grille and a decent dose of chrome to add a touch of sophistication. Crossover SUV elements like body cladding, front and rear faux skid plates, roof rails, high ground clearance and 215-section tyres are highly likely. End result might resemble the design language of the recently launched WR-V SUV in Indonesia. Interiors of Honda Elevate SUV have been spied. It gets an upright dashboard design that resonates with its upright front fascia.

Speaking of front fascia, Honda is offering a strong nose with a muscular clamshell bonnet. Bonnet shut line is almost flat. Spy shots reveal conventionally placed headlights with integrated LED DRLs as well.

Honda Elevate ex-showroom price List

  • SV MT – Rs 10,99,900
  • V MT – Rs 12,10,900
  • V CVT – Rs 13,20,900
  • VX MT – Rs 13,49,900
  • VX CVT – Rs 14,59,900
  • ZX MT – Rs 14,89,900
  • ZX CVT – Rs 15,99,900

Honda Elevate SUV features

Honda SUV length will be around 4.3m, owing to the segment it will tackle. Features list will be extensive too, considering that this is Honda’s comeback vehicle. For starters, Honda compact SUV will share its underpinnings with 5th gen City. We expect a large touchscreen system with wireless Android Auto and Apple CarPlay, ventilated seats, a single-pane sunroof, cruise control, camera-based Honda Sensing ADAS suite, cruise control, auto headlights and wipers, ambient lighting, push-button start, automatic climate control, rear AC vents and a lot more.

Engine options on offer Honda Elevate

SUV will only be offered with a 1.5 liter petrol engine option, which is the same that powers the City. It generates 119 bhp and 145 Nm. Gearbox options include a 6-speed MT and a CVT. Diesel engine option will not be on offer. Honda has discontinued diesel engine options from all their cars in India. For those wanting better fuel efficiency, there might be good news. Honda could offer Elevate with a hybrid option, same as we have in the City Hybrid.

Upon launch, it will rival hybrid variants of Maruti Suzuki Grand Vitara and Toyota Urban Cruiser Hyryder. Other rivals include MG Astor, Hyundai Creta and Kia Seltos. Honda Elevate compact SUV prices are likely to be in the Rs 10 lakh to Rs 22 lakh range.

Banks Loans offers for Honda Elevate

Car loan Banks Interest Rates EMI per Rs 1 lakh for 7 Years
Bank Of Baroda Car Loan 8.80% – 10.55% Rs. 1,599 – Rs. 1,689
Canara Bank Car Loan 8.70% – 9.35% Rs. 1,594 – Rs. 1,627
Corporation Bank Car Loan 8.75% – 9.50% Rs. 1,596 – Rs. 1,634
HDFC Bank Car Loan 8.50% – 11.25% Rs. 1,584 – Rs. 1,725
ICICI Bank Car Loan 8.82% – 12.75% Rs. 1,600 – Rs. 1,806
Union Bank Car Loan 8.85% – 11.85% Rs. 1,601 – Rs. 1,757
SBI Car Loan 8.65% – 9.70% Rs. 1,609 – Rs. 1,645

Honda Elevate Car Loan EMI Calculator

Honda Elevate EMI starts at ₹ 24,037 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹ 11,71,604. To look at the EMI for Elevate variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.

Honda Elevate EMI (Variant List)

Elevate Car Loan EMI calculated for – Interest rate: 8.5%, Loan Period: 60 Months and Down-payment: ₹ 1,30,178.

Elevate Variants Down-Payment EMI
Elevate SV MT
₹ 13,01,782
₹ 1,30,178 ₹ 24,037
Elevate V MT
₹ 14,33,095
₹ 1,43,309 ₹ 26,731
Elevate V AT
₹ 15,71,150
₹ 1,57,115 ₹ 29,563
Elevate VX MT
₹ 16,05,631
₹ 1,60,563 ₹ 30,271
Elevate VX AT
₹ 17,36,421
₹ 1,73,642 ₹ 32,954
Elevate ZX MT
₹ 17,72,091
₹ 1,77,209 ₹ 33,686
Elevate ZX AT
₹ 19,02,881
₹ 1,90,288 ₹ 36,369