The "NEW" Car Price Check Thread - Track Price Changes, Discounts, Offers & Deals

kbihani29 · 9th July 2024, 19:10

Quote:

Originally Posted by drrashmisaurabh

I booked my Jimny 3days back and got a hefty discount.

Congrats on the Jimny.
Could you please post the final quote you got along with location, and colour of the vehicle. Also, did you book a ready stock, or are you getting from the factory?
It should help others looking to book Jimny.

drrashmisaurabh · 9th July 2024, 23:08

Quote:

Originally Posted by kbihani29

Congrats on the Jimny.
Could you please post the final quote you got along with location, and colour of the vehicle. Also, did you book a ready stock, or are you getting from the factory?
It should help others looking to book Jimny.

I booked Jimny Alpha AT in kinetic yellow ( dual tone) from Nexa Roorkee. I am attaching the quote. They have placed the order and expect the car to arrive before 15th July. Booking amount was 10k.

kbihani29 · 9th July 2024, 23:21

Quote:

Originally Posted by drrashmisaurabh

They have placed the order and expect the car to arrive before 15th July.

Awesome, thank you. Do keep us posted on which month and year manufactured car you got!

Aviator_guy · 10th July 2024, 00:18

https://www.mahindra.com/news-room/p...-at-19-49-lakh

XUV700 prices slashed..God bless competition

navpreet318 · 10th July 2024, 09:13

Quote:

Originally Posted by Aviator_guy

https://www.mahindra.com/news-room/p...-at-19-49-lakh

XUV700 prices slashed..God bless competition

How much of a reduction is this? What was the earlier pricing?

ankushbansal · 10th July 2024, 09:23

Would M&M provide price protection for bookings made during this golden period of 4 months. With waiting period for top end versions of XUV700 ranging more than 6 months, would this price cut really make a difference without price protection ?
And how is the AX5 pricing justified after this move, with just a thin line left between the two.

harry10 · 10th July 2024, 09:27

Quote:

Originally Posted by navpreet318

How much of a reduction is this? What was the earlier pricing?

Took this from Reditt.

Aviator_guy · 10th July 2024, 10:30

Quote:

Originally Posted by ankushbansal

Would M&M provide price protection for bookings made during this golden period of 4 months. With waiting period for top end versions of XUV700 ranging more than 6 months, would this price cut really make a difference without price protection ?
And how is the AX5 pricing justified after this move, with just a thin line left between the two.

Is there still so much waiting? I have heard that now deliveries have increased with much lesser waiting time. May be it is city/dealer dependent?

2cents · 10th July 2024, 10:55

Quote:

Originally Posted by drrashmisaurabh

I booked Jimny Alpha AT in kinetic yellow ( dual tone) from Nexa Roorkee. I am attaching the quote. They have placed the order and expect the car to arrive before 15th July. Booking amount was 10k.

Did that fellow actually write 'AMT' on the quote!

Can someone clarify how the TCS is calculated - on the Showroom price or
the Price after discounts?!

SRM · 10th July 2024, 13:22

Has anyone managed to get the price list for AX7 L in Mumbai post the discounts announced on XUV 700?

drrashmisaurabh · 11th July 2024, 07:02

Quote:

Originally Posted by 2cents

Did that fellow actually write 'AMT' on the quote!

That is the thing. Those who have been tasked with selling the product, actually don't know anything about it. I guess it is one of the reasons for the poor sales in case of Jimny.

84.monsoon · 11th July 2024, 08:19

Interesting to see the stock market reaction to the XUV700 price cuts. Shares of M&M fell by close to 7% following the price cuts. I believe market players may have had a shock reaction. So far, M&M has been painting a picture of order books that are full for next several years to come and investors have been drinking that Kool Aid. Then, all of a sudden, the price cut happens and it brings a picture to investors' minds of the exact opposite. That orders have dried up, inventory is piling up and the company has to resort to an 8-9% price cut to move the vehicles.

We here in Team BHP know very well, through the extensive discussion on a daily basis for the last 3 years, that allotments of booked vehicles have been happening faster and faster and M&M have been introducing value variants like AX5 Select in the last month or two. So, we are well informed way ahead that demand has been slowing and the company is leaning more towards maintaining volumes, rather than earning more margins on each car sold. We also know that the vehicle is solid and demand will continue to be strong, albeit at lower price levels or higher discounts.

I wish market players and investment firms pay more attention day-to-day on what us happening in the automobile marketplace in the country. By following trusted sources such as Team-bhp more closely, and continually, they can get a fair idea of the backlog, allotments, waiting periods, rate of cancellations in bookings, level of discounting in various localized markets, introduction of new value variants, etc. All of this will give them a more real and up-to-date view of what is happening to demand and supply, as compared to relying on what the company says at its quarterly investor calls. Share price of M&M could have taken a more smooth trajectory to reflect its true value, rather than the rapid climb on unfounded positivity and then the panic selling resulting in a crash in prices, and a loss of thousands of crores of rupees to investors and perception damage to the company.

pacman2881 · 13th July 2024, 22:46

Can anyone confirm what are the discounts offered on S-presso, Ignis and Grand i10 Nios?

I checked with dealers here in Chennai. Considering I will be taking on lease I had requested to exclude offers on insurance and quote discounts on ex-showroom and this is what I got-

S-Presso AMT : 18k (This one I felt is low but the dealer insists this is what is possible)
Ignis AMT : 40k-50k
Grand i10 Nios AMT : 30k

Please let me know if you are aware of any running offers.

swiftnfurious · 15th July 2024, 00:34

Quote:

Originally Posted by pacman2881

Can anyone confirm what are the discounts offered on S-presso, Ignis and Grand i10 Nios?

I checked with dealers here in Chennai. Considering I will be taking on lease I had requested to exclude offers on insurance and quote discounts on ex-showroom and this is what I got-

S-Presso AMT : 18k (This one I felt is low but the dealer insists this is what is possible)
Ignis AMT : 40k-50k
Grand i10 Nios AMT : 30k

Please let me know if you are aware of any running offers.

If you can wait for 2 months, that's the best discounts time. Oct - Dec, there'll be a lot more discounts than what anyone is offering now.

bijims · 15th July 2024, 05:04

Quote:

Originally Posted by pacman2881

Can anyone confirm what are the discounts offered on S-presso, Ignis and Grand i10 Nios?

I checked with dealers here in Chennai. Considering I will be taking on lease I had requested to exclude offers on insurance and quote discounts on ex-showroom and this is what I got-

S-Presso AMT : 18k (This one I felt is low but the dealer insists this is what is possible)
Ignis AMT : 40k-50k
Grand i10 Nios AMT : 30k

Please let me know if you are aware of any running offers.

Here are the official discounts available for July 2024:

S Presso- Rs 35K Cash (MT) / 40K Cash (AMT). Add on 15K Exchange + 2000 Corporate

Ignis- Rs 35K Cash (MT) / Rs 40K Cash (AMT). Add on 15K Exchange + up to Rs 3100 as part of the Rural Offer

Grand i10 Nios- Upto Rs 35K Cash + 10K Exchange + Rs 3000 Corporate

Dealer-end offers may vary slightly with some offering more cash bonuses without exchange bonuses as well.

10th July 2024, 00:18	#9889
Aviator_guy Senior - BHPian Join Date: Oct 2020 Location: Bangalore Posts: 1,474 Thanked: 1,932 Times	Re: The "NEW" Car Price Check Thread - Track Price Changes, Discounts, Offers & Deals https://www.mahindra.com/news-room/p...-at-19-49-lakh XUV700 prices slashed..God bless competition
	(4) Thanks

10th July 2024, 09:23	#9891
ankushbansal BHPian Join Date: Jun 2021 Location: Panipat Posts: 54 Thanked: 90 Times	Re: The "NEW" Car Price Check Thread - Track Price Changes, Discounts, Offers & Deals Would M&M provide price protection for bookings made during this golden period of 4 months. With waiting period for top end versions of XUV700 ranging more than 6 months, would this price cut really make a difference without price protection ? And how is the AX5 pricing justified after this move, with just a thin line left between the two. Last edited by ankushbansal : 10th July 2024 at 09:35.
	() Thanks

10th July 2024, 13:22	#9895
SRM BHPian Join Date: Jan 2016 Location: Bombay Posts: 120 Thanked: 90 Times	Re: The "NEW" Car Price Check Thread - Track Price Changes, Discounts, Offers & Deals Has anyone managed to get the price list for AX7 L in Mumbai post the discounts announced on XUV 700?
	() Thanks

11th July 2024, 08:19	#9897
84.monsoon Distinguished - BHPian Join Date: May 2010 Location: Chennai Posts: 2,492 Thanked: 12,215 Times	Re: The "NEW" Car Price Check Thread - Track Price Changes, Discounts, Offers & Deals Interesting to see the stock market reaction to the XUV700 price cuts. Shares of M&M fell by close to 7% following the price cuts. I believe market players may have had a shock reaction. So far, M&M has been painting a picture of order books that are full for next several years to come and investors have been drinking that Kool Aid. Then, all of a sudden, the price cut happens and it brings a picture to investors' minds of the exact opposite. That orders have dried up, inventory is piling up and the company has to resort to an 8-9% price cut to move the vehicles. We here in Team BHP know very well, through the extensive discussion on a daily basis for the last 3 years, that allotments of booked vehicles have been happening faster and faster and M&M have been introducing value variants like AX5 Select in the last month or two. So, we are well informed way ahead that demand has been slowing and the company is leaning more towards maintaining volumes, rather than earning more margins on each car sold. We also know that the vehicle is solid and demand will continue to be strong, albeit at lower price levels or higher discounts. I wish market players and investment firms pay more attention day-to-day on what us happening in the automobile marketplace in the country. By following trusted sources such as Team-bhp more closely, and continually, they can get a fair idea of the backlog, allotments, waiting periods, rate of cancellations in bookings, level of discounting in various localized markets, introduction of new value variants, etc. All of this will give them a more real and up-to-date view of what is happening to demand and supply, as compared to relying on what the company says at its quarterly investor calls. Share price of M&M could have taken a more smooth trajectory to reflect its true value, rather than the rapid climb on unfounded positivity and then the panic selling resulting in a crash in prices, and a loss of thousands of crores of rupees to investors and perception damage to the company. Last edited by 84.monsoon : 11th July 2024 at 08:31.
	(7) Thanks

13th July 2024, 22:46	#9898
pacman2881 BHPian Join Date: Oct 2009 Location: Chennai Posts: 418 Thanked: 562 Times	Re: The "NEW" Car Price Check Thread - Track Price Changes, Discounts, Offers & Deals Can anyone confirm what are the discounts offered on S-presso, Ignis and Grand i10 Nios? I checked with dealers here in Chennai. Considering I will be taking on lease I had requested to exclude offers on insurance and quote discounts on ex-showroom and this is what I got- S-Presso AMT : 18k (This one I felt is low but the dealer insists this is what is possible) Ignis AMT : 40k-50k Grand i10 Nios AMT : 30k Please let me know if you are aware of any running offers. Last edited by pacman2881 : 13th July 2024 at 22:48.
	() Thanks