2024 Maruti Suzuki Swift Expected Price - #WithLogic (Updated: May 5, 2024)

Maruti Swift 2024 Variants

There are no points for guessing this part. Obviously, it’ll get the same LXI, VXI, ZXI and ZXI Plus variants. The only surprise was finding out that it will also get a new VXI (O) variant.

We expected the Swift to get a turbo petrol engine to enhance its hot hatch image. Unfortunately, Maruti Suzuki have taken the opposite route and are offering it with a 1.2L 3-cylinder mild-hybrid engine with 25kpml+ mileage. Moreover, it will get a higher suspension travel in the rear, which is likely to adversely affect its handling and hot hatch image. After the soft 2nd gen Swift, the 3rd gen had picked up the slack. With the 4th gen we’re likely to fall back in the same ditch.

Now, let’s get back to the topic of discussion —- price expectations of the Swift 2024.

How We Arrived At Rs. 6.35 Lakh Starting Price For The New Swift 2024?

When I was going through the launch prices of every new generation Swift, I noticed a funny pattern. The 2nd gen Swift’s launch price for the base variant was about 9% higher than the launch price of the 1st gen Swift base trim’s launch price. The 3rd gen Swift’s base model launch price was about 18% higher than the 2nd gen Swift’s starting price at the time of introduction.

With that in mind, it appears that the 4th gen Swift could cost either 27% more than 3rd gen Swift’s base model launch price or 36%. 27% would mean that the pattern adds 9% to the base model’s launch price for every subsequent generation update. That’s 9% → 18% and 18% → 27%. Meanwhile, 36% sounds reasonable if you go by the logic of doubling the percentage. As in, 9% → 18% and 18% → 36%.

Regardless of which one you choose, it sounds pretty absurd. Initially, I was inclined to believe that it may just retain the 18% jump but then I checked the current prices of the Swift, which are already 20% higher than the launch prices. When I added 27% to the current gen Swift’s base model launch price, I got to Rs. 6.337 lakh. Considering that we still have almost an entire year before the 2024 Swift’s launch, we should expect a 5.5% hike just to keep up with the inflation.

Since the 27% jump sounds like the most plausible scenario, we're going with it and assuming a starting price of Rs. 6.35 lakh for the 2024 Swift.

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Maruti Swift 2024 Expected Price Range

Once we have a baseline or starting price, it’s fairly easy to estimate the prices of the higher variants using the 2024 Swift’s variant-wise feature distribution. Thus, we end up with a starting price of Rs. 6.35 lakh for the 2024 Swift.

The 1.2L normal petrol manual range could cost between Rs. 6.35 lakh and Rs. 8.80 lakh, which is consistent with our previous estimations. The AMT automatic variants could carry a Rs. 50,000 premium and cost between Rs. 7.60 lakh and Rs. 9.30 lakh (ex-showroom). These estimations are also pretty much in line with our October 2023 price estimations for the Swift.

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