Diwali 2024: Anticipated Luxury SUVs in High Demand!

Introduction

As the festive season of Diwali approaches in 2024, the demand for new cars, particularly mid-size Sports Utility Vehicles (SUVs), is on the rise across India. This trend is not only prevalent in urban areas but is also gaining traction in rural regions, showcasing a shift in consumer preferences towards larger vehicles. In Haldwani, Uttarakhand, the situation is quite remarkable, with car showrooms experiencing astronomical waiting periods for popular SUV models. This article discusses the current landscape of SUV purchases in Haldwani, the brands in demand, and tips for prospective buyers.

High Demand for SUVs in Haldwani

Residents in Haldwani are responding passionately to the allure of luxury SUVs. Currently, the waiting period for these vehicles ranges from three to a staggering 13 months, largely due to the overwhelming demand. Showrooms are reporting a full booking status, particularly around the auspicious occasions of Dhanteras and Diwali.

If you’re in Haldwani and contemplating purchasing a new SUV this Diwali, it is highly advisable to visit showrooms now. Delaying your decision may result in missing out on your ideal model and color combination, especially as Navratri approaches, when the influx of bookings is expected to increase further.

Luxurious SUVs Over ₹10 Lakh

The trend indicates a rising demand for SUVs in the premium price range of over ₹10 lakh. Showrooms in Haldwani are experiencing significant interest not just from locals but also from customers from surrounding areas in Kumaon who prefer making their purchases in the city. This has led to a bustling environment in showrooms as they prepare for a busy festive season.

What Showroom Managers Are Saying

Charu Bhatt, the showroom manager at the Toyota showroom in Haldwani, stated that they are seeing a substantial number of monthly bookings for popular models like the Toyota Innova and Toyota Fortuner, which are currently among the hottest vehicles on the market. The waiting period for these models has reached alarming lengths of up to 13 months, with prices ranging from ₹23 lakh to ₹37 lakh.

Similarly, Vikram Singh, owner of the Renault showroom, emphasized that the demand for brands like Jeep, Renault Duster, Kia, and Hyundai Cars is also witnessing a rapid influx of bookings. Other showroom owners noted that there is an average of more than 20 bookings every two months, illustrating the ever-growing interest in upscale SUVs.

Current Trends in the Indian SUV Market

The Indian SUV market is evolving at a brisk pace, with several models consistently ranking as bestsellers. Popular choices among consumers include:

As indicated, the SUV segment is thriving, driven by consumer preference for space, comfort, and robust design. This trend is likely to continue expanding as more manufacturers introduce new models tailored to Indian consumers’ needs.