Honda Elevate image

Honda Elevate

₹11.58 LakhLive*Avg. Ex-Showroom

The Honda Elevate provides an accomplished road presence as an adaptable SUV commanding ₹11.64 - 16.5 Lakh, featuring versatile Petrol powertrain options paired with Manual transmission choices. Key selling points feature honda Sensing ADAS suite as standard — first in segment, accompanied by a commendable 5 Star crash test safety benchmark. Tailored for drivers wanting go-anywhere versatility, it combines rugged underpinnings with elevated visibility and reassuring highway stability.

Honda Elevate price starts from ₹11.58 Lakh (avg. ex-showroom) as of October 2026.

Honda Elevate Price Details:

  • Base Variant (SV MT): ₹11.58 Lakh
  • Top Variant (ZX CVT): ₹11.58 Lakh
  • Estimated On-Road Price: ₹12.97 Lakh - ₹12.97 Lakh

Honda Elevate Engine & Variant Options:

  • Engine Options: Standard Engine
  • Transmission: Manual
  • Variants: Available in 5 variants.

Elevate Insurance Quotes & EstimatesOctober Offers

Estimated annual premiums and coverage options for your new Elevate.

Comprehensive Cover

Recommended for complete protection including own-damage, theft, natural disasters, and third-party liabilities. Typically costs around 3-4% of the car's Insured Declared Value (IDV).

Est. Annual Premium₹34,740 - ₹46,320

Third-Party Cover

Mandatory by law in India. Covers legal liabilities arising from damage to a third party's property or injury/death. Does not cover damages to your own Elevate. Rates are fixed by IRDAI based on engine capacity.

Est. Annual Premium₹3,500 - ₹6,500

Tips on IDV Calculation

The Insured Declared Value (IDV) is the maximum sum assured fixed by the insurer. For a brand new Elevate, the IDV is typically calculated at 95% of the ex-showroom price. Over time, depreciation applies:

  • Up to 6 months: 5% depreciation
  • 6 months to 1 year: 15% depreciation
  • 1 to 2 years: 20% depreciation
  • 2 to 3 years: 30% depreciation

Tip: Always opt for 'Zero Depreciation' (Bumper-to-Bumper) add-on for the first 3-5 years to ensure you get full claim value without deductions for plastic, glass, or rubber parts.