Honda Elevate: SV 1.5 Petrol MT vs V 1.5 Petrol MT

The V 1.5 Petrol MT costs ₹49,000 more than the SV 1.5 Petrol MT. The equipment it adds covers 91% of that on our values — a fair upgrade. Every feature is priced below.

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The verdict

SV 1.5 Petrol MT → V 1.5 Petrol MT

Fair upgrade

You pay extra

₹49,000

₹11,80,000 → ₹12,29,000

Features are worth

₹45,000

5 gained

Equipment covers

91%

of what the variant costs extra

V 1.5 Petrol MT costs ₹49,000 more than SV 1.5 Petrol MT and brings 5 features we value at ₹45,000, roughly 91% of the price difference. Reasonable if you specifically want what it adds; not a bargain.

We price the equipment that separates these two trims. The rest of the difference pays for things we don't itemise — materials, fit and finish, and the manufacturer's own margin. An upgrade that clears 100% is one where the equipment alone is worth what it costs.

*Ex-showroom, Delhi · Prices checked Oct 2026

What the extra equipment is

Factory-only or fit it later

Only from the factory
₹17,000 · 2 features
Could be fitted later
₹28,000 · 3 features

Of the equipment this variant adds, at our valuations. Which features count as fit-later is set per feature in the methodology.

Honda Elevate — manufacturer photograph
Photograph: Honda. Shows the Honda Elevate, not either trim specifically — the table below is what separates them.
Where the money goes

Feature-by-feature valuation

5 of 77 features differ between these trims.

FeatureSV 1.5 Petrol MTV 1.5 Petrol MTValue
Safety & driver assistance
Rear DefoggerHeated rear screen, without the rear wiper and washer. The tier below defogger-and-wiper.NoYes+₹5,000
Infotainment & connectivity
8-Inch Touchscreen InfotainmentCapacitive display with Apple CarPlay and Android Auto, wired or wireless.NoYes+₹22,000
Connected Car TechnologyEmbedded SIM giving remote lock, climate start, location and alerts from a phone app.NoYes+₹12,000
Wireless Android AutoThe factory touchscreen runs Android Auto without a cable — built into the head unit, or through a wired-to-wireless adapter the manufacturer supplies as standard. Most cars that have it pair Apple CarPlay wirelessly too, but this entry asks only about Android Auto. Wired-only Android Auto does not count.NoYes+₹3,000
Exterior & wheels
Full Wheel CoversSteel wheels with full covers or a styled painted finish, rather than bare steel with centre caps. The tier below alloy wheels.NoYes+₹3,000
Net feature value5 gained₹45,000

Values are our own estimates of what each feature is worth on this segment of car, not manufacturer pricing. We only price equipment that differs between trims, so this column will not add up to the full price gap — the rest pays for materials, fit and finish, and margin. Every valuation and its reasoning is published here.

Your numbers

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  • 8-Inch Touchscreen Infotainmentadded

    ours
    ₹
  • Rear Defoggeradded

    ours
    ₹
  • Full Wheel Coversadded

    ours
    ₹
  • Connected Car Technologyadded

    ours
    ₹
  • Wireless Android Autoadded

    ours
    ₹

On our figures

₹45,000 of equipment against ₹49,000 — 91% of the variant

Fair upgrade

Your figures stay in this browser and in the link you copy — nothing is saved, and nobody else's page changes. Every other number on this page is ours, computed as set out on the methodology page.

What you actually pay

On-road price, side by side

Change your city in the header to recalculate both columns.

In Delhi, V 1.5 Petrol MT costs ₹56,928 more on the road than SV 1.5 Petrol MT, against ₹49,000 ex-showroom. ₹7,438 of that is road tax, insurance and charges that rise with the price. TCS adds ₹490, which you can claim back against income tax. The verdict above is measured against the ex-showroom difference.

Drive-away cost

SV 1.5 Petrol MT

petrol · manual · Delhi

Ex-showroom price
₹11,80,000
RTO road taxDelhi slab for petrol, ₹4,000 of state levies, plus a 0.18% cess charged on ex-showroom
₹1,24,124
Insurance (comprehensive)1-yr own damage (zero dep) + 3-yr third party, incl. GST
₹59,000
TCS1% above ₹10 L ex-showroom — adjustable against income tax
₹11,800
Registration & FASTagOne-off RTO registration fee, HSRP plates and the FASTag tag
₹1,200
Hypothecation & handling₹1,500 hypothecation endorsement and ₹400 miscellaneous — charged on the invoice whether or not the car is financed
₹1,900
On-road, Delhi₹13,78,024
Taking this to the showroom? Hold the dealer's quote against these lines.Send on WhatsAppWork out the EMI

Estimate. Road tax slabs checked September 2026; insurance premiums vary by insurer and dealer handling charges are not included.

Drive-away cost

V 1.5 Petrol MT

petrol · manual · Delhi

Ex-showroom price
₹12,29,000
RTO road taxDelhi slab for petrol, ₹4,000 of state levies, plus a 0.18% cess charged on ex-showroom
₹1,29,112
Insurance (comprehensive)1-yr own damage (zero dep) + 3-yr third party, incl. GST
₹61,450
TCS1% above ₹10 L ex-showroom — adjustable against income tax
₹12,290
Registration & FASTagOne-off RTO registration fee, HSRP plates and the FASTag tag
₹1,200
Hypothecation & handling₹1,500 hypothecation endorsement and ₹400 miscellaneous — charged on the invoice whether or not the car is financed
₹1,900
On-road, Delhi₹14,34,952
Taking this to the showroom? Hold the dealer's quote against these lines.Send on WhatsAppWork out the EMI

Estimate. Road tax slabs checked September 2026; insurance premiums vary by insurer and dealer handling charges are not included.

Common questions

What is the price difference between the Honda Elevate SV 1.5 Petrol MT and V 1.5 Petrol MT?
₹49,000 ex-showroom — SV 1.5 Petrol MT is ₹11,80,000 and V 1.5 Petrol MT is ₹12,29,000.
Is the Honda Elevate V 1.5 Petrol MT worth the extra money over the SV 1.5 Petrol MT?
V 1.5 Petrol MT costs ₹49,000 more than SV 1.5 Petrol MT and brings 5 features we value at ₹45,000, roughly 91% of the price difference. Reasonable if you specifically want what it adds; not a bargain.
What do you actually get on the V 1.5 Petrol MT that the SV 1.5 Petrol MT doesn't have?
5 features, led by 8-Inch Touchscreen Infotainment, Connected Car Technology, Rear Defogger. The full list with our rupee valuation for each is in the table above.