Costly ride: Cars to get expensive in 2013

If you are planning to buy a car this year, get ready to shell out a few extra bucks. Small cars, SUVs, sedans, almost everything will now cost more. Maruti Suzuki has announced that it will go in for a hike of upto Rs 20,000 across all models.

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Toyota has also announced that prices of its vehicles will go up by 1 to 2%.

Today, Mercedes-Benz has announced a 1 to 3% hike in the prices of its cars starting January 14.

BMW has also announced a steep 10% hike in the prices of its models.

Audi, Honda and Volkswagen have also made their intention clear to hike prices but the quantum of the hike is yet to be announced.

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