R C Bhargava, Chairman, Maruti Suzuki

A few factors that have increased the car costs are: transition to BS-VI, road tax by state governments, the SC order to buy three-year insurance cover and the increase in interest rates for customers. The result is an increase in the on-road price of a car by as much as 10 per cent. What compounded the price increase further is the financial crisis. Dealer finance came down, while finance rates have gone up for customers.