MG India's first SUV named Hector. Edit: Launched @ 12.18L

NAVREVV · 27th June 2019, 10:54

Quote:

Originally Posted by shashant

Got the pricing information from a very reliable source.

Styling (Petrol) : 11.49
Super (Petrol): 12.49
Smart (Petrol): 13.49, 14.99 (DCT)
Sharp (Petrol): 14.49, 15.99 (DCT)

Styling (Diesel) : 12.69
Super (Diesel): 13.69
Smart (Diesel): 14.69
Sharp (Diesel): 15.69

Petro, HEV Sharp: 16.59

Excellent pricing, if this is what comes out tomorrow.

Wow! Starting 11.49 Lacs? If it is true then Hector is going to kill it. Chinese DNA unleashed.

AutoNoob · 27th June 2019, 11:10

Hector Price : seems like internal presentation

Original Source : Unknown (received on WhatsApp)

It's matching with the price shared by BHPian shashant.

MG India's first SUV named Hector. Edit: Launched @ 12.18L-img20190627wa0002.jpg

BunnyPunia · 27th June 2019, 11:17

Quote:

Originally Posted by AutoNoob

Hector Price : seems like internal presentation

Original Source : Unknown (received on WhatsApp)

It's matching with the price shared by BHPian shashant.

Attachment 1888219

But, remember the DCT will not come with the Hybrid motor? This picture says otherwise.

tarik.arora · 27th June 2019, 11:22

webcast has already started a few minutes back

5 year unlimited km warranty (150,000 kms for fleet)
5 free services (labour free)
5-years RSA

Petrol AMC 3-years starts at 8k, one elite AMC package that includes tyres and battery as well (plus buyback)
3-years buy-back at 60%

Subscription program from day 1 with Myles (6 months to 5 years): Delhi, Mumbai and Bangalore to begin with

Intro prices:
petrol:12.18-12.98 (base 2 variants)
Diesel:13.18-16.88
Hybrid: 13.58-14.68-15.88 (top 3 variants)
Petrol DCT: 15.28-16.78 (top 2 variants)

10K bookings received

https://www.youtube.com/watch?v=yiAjLq2Cwmc

neoonwheels · 27th June 2019, 11:31

Quote:

Originally Posted by tarik.arora

webcast has already started a few minutes back

5 year unlimited km warranty (150,000 kms for fleet)
5 free services (labour free)
5-years RSA

Do you have the link?

streetfighter · 27th June 2019, 11:39

Prices declared:

MG India's first SUV named Hector. Edit: Launched @ 12.18L-screenshot-20190627-11.38.27-am.png

They say they've got 10k advance bookings.

SaiSW · 27th June 2019, 11:41

Introductory prices is exciting. They'll have a lot of customers. Makes sense to go for this over any other competition, very similar to the XUV 500 situation some years back.

drmohitg · 27th June 2019, 11:41

Excellent pricing. MG has set the cat loose amongst the pigeons. Harrier will likely face the brunt of this onsalught but I would go one step ahead and say that Creta is going to have a serious rethink too. Other than the customers focussed on size, it simply loses out to the Hector specially when with these prices.

SaiSW · 27th June 2019, 11:44

Quote:

Originally Posted by drmohitg

Excellent pricing. MG has set the cat loose amongst the pigeons. Harrier will likely face the brunt of this onsalught but I would go one step ahead and say that Creta is going to have a serious rethink too. Other than the customers focussed on size, it simply loses out to the Hector specially when with these prices.

Creta is going to get seriously affected as well, imo. The creta was always overpriced for what it offered, they only managed to get away with it because of the lack of proper competition, now with the price reveal of the hector, Hyundai is going to have lots of sleepless nights.

KL01toKA03 · 27th June 2019, 11:44

Quote:

Originally Posted by tarik.arora

5 free services (labour free)

I guess that would mean a 6 month service interval. One inspection after one month and four biannual services would make up the 5 free services.

Debajyoti · 27th June 2019, 11:48

Prices out now

Petrol Style MT 12.18 Lakh
Petrol Super MT 12.98 Lakh
Petrol Smart DCT 15.28 Lakh
Petrol Sharp DCT 16.78 Lakh

Diesel Style MT 13.18 Lakh
Diesel Super MT 14.18 Lakh
Diesel Smart MT 15.48 Lakh
Diesel Sharp MT 16.88 Lakh

Petrol Hybrid Super MT 13.58 Lakh
Petrol Hybrid Smart MT 16.48 Lakh
Petrol Hybrid Sharp MT 15.88 Lakh

Ex showroom India

Also the car can be subscibed for say 6 months then returned. It's called MG Subscibe and powered by Myles Zero.

rutwij · 27th June 2019, 11:49

I can already foresee thousands of Hectors for sale around end of CY 2022 because of the buyback offer at 3-years at 60%! Would be interesting to see if MG Makes money on this car or not - with such amount of features, good pricing and the buy-back scheme. Guess time shall tell us in a few years.

GTO · 27th June 2019, 11:49

I knew it will be competitively priced. Reasons:

- If there is one thing the Chinese do well, it's controlling costs + pricing their products well

.

- Not only is MG a new brand in India, it is also largely unknown. To get Indians to part with 15 - 20 lakhs with a stranger, you'd have to offer a really strong value proposition.

- The Hector is the main thing MG India has going for it right now. If the Hector sinks, MG India sinks (at least temporarily).

- The first product is what defines the company. I'm sure MG wants to stand for "VFM" and not "overpriced flop".

- The Indian market itself is going through severely challenging times right now. One would have to be smoking some serious stuff to price cars at a premium today (e.g. Compass Trailhawk pricing - FCA / Jeep is seriously out of tune with the current market conditions).

- The pricing is damn close to the Harrier. Considering how ill-prepared Tata was at the time of launch (trouble-laden cars, among other things), it's going to affect the Harrier. See this post from a BHPian - related link.

If anyone is considering the Hector, I suggest taking a long test-drive first (and waiting for our Official Review). Based on what I've heard, the driving experience & engineering finesse vary between average -> above average in most areas, and good in a handful. Of course, the car has more than enough bling & gizmos for mass market tastes.

tarik.arora · 27th June 2019, 11:51

I think the pricing is bang-on. Harrier should be worried a lot. MG is giving lot many things for a marginal 20-30k over Harrier.

MG has too many things going for it: Good price, 5-years warranty, subscription scheme, buy back scheme, AMC packages etc. They have come full guns blazing.

rish_arora · 27th June 2019, 11:54

Superb Pricing!! Priced on par with Harrier, but offering more features, a more powerful engine and the awesome panoramic sunroof. Harrier will surely face the heat if it doesn't sort its initial issues and niggles and launch other variants (Sunroof, automatic, 170bhp engine, 7-seater) in time.

Also, this will give a head-ache to Kia. They cannot afford to launch the Seltos with a premium price tag.

27th June 2019, 11:10	#902
AutoNoob Senior - BHPian Join Date: Feb 2011 Location: On-board JWST Posts: 1,377 Thanked: 4,133 Times	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L Hector Price : seems like internal presentation Original Source : Unknown (received on WhatsApp) It's matching with the price shared by BHPian shashant. Last edited by AutoNoob : 27th June 2019 at 11:12.
	(9) Thanks

27th June 2019, 11:39	#906
streetfighter BHPian Join Date: Jan 2014 Location: Mumbai Posts: 240 Thanked: 972 Times	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L Prices declared: They say they've got 10k advance bookings.
	(41) Thanks

27th June 2019, 11:41	#907
SaiSW BHPian Join Date: Dec 2018 Location: Good Blue Earth Posts: 706 Thanked: 1,631 Times	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L Introductory prices is exciting. They'll have a lot of customers. Makes sense to go for this over any other competition, very similar to the XUV 500 situation some years back.
	(7) Thanks

27th June 2019, 11:41	#908
drmohitg Distinguished - BHPian Join Date: Sep 2010 Location: Liverpool/Delhi Posts: 5,448 Thanked: 7,560 Times	Excellent pricing. MG has set the cat loose amongst the pigeons. Harrier will likely face the brunt of this onsalught but I would go one step ahead and say that Creta is going to have a serious rethink too. Other than the customers focussed on size, it simply loses out to the Hector specially when with these prices.
	(14) Thanks

27th June 2019, 11:48	#911
Debajyoti BHPian Join Date: Jan 2016 Location: Kolkata Posts: 83 Thanked: 350 Times	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L Prices out now Petrol Style MT 12.18 Lakh Petrol Super MT 12.98 Lakh Petrol Smart DCT 15.28 Lakh Petrol Sharp DCT 16.78 Lakh Diesel Style MT 13.18 Lakh Diesel Super MT 14.18 Lakh Diesel Smart MT 15.48 Lakh Diesel Sharp MT 16.88 Lakh Petrol Hybrid Super MT 13.58 Lakh Petrol Hybrid Smart MT 16.48 Lakh Petrol Hybrid Sharp MT 15.88 Lakh Ex showroom India Also the car can be subscibed for say 6 months then returned. It's called MG Subscibe and powered by Myles Zero. Last edited by Debajyoti : 27th June 2019 at 11:54.
	(15) Thanks

27th June 2019, 11:49	#912
rutwij BHPian Join Date: Jul 2010 Location: Bombay, India Posts: 83 Thanked: 55 Times View My Garage	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L I can already foresee thousands of Hectors for sale around end of CY 2022 because of the buyback offer at 3-years at 60%! Would be interesting to see if MG Makes money on this car or not - with such amount of features, good pricing and the buy-back scheme. Guess time shall tell us in a few years.
	(4) Thanks

27th June 2019, 11:49	#913
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 71,603 Thanked: 310,272 Times View My Garage	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L I knew it will be competitively priced. Reasons: - If there is one thing the Chinese do well, it's controlling costs + pricing their products well . - Not only is MG a new brand in India, it is also largely unknown. To get Indians to part with 15 - 20 lakhs with a stranger, you'd have to offer a really strong value proposition. - The Hector is the main thing MG India has going for it right now. If the Hector sinks, MG India sinks (at least temporarily). - The first product is what defines the company. I'm sure MG wants to stand for "VFM" and not "overpriced flop". - The Indian market itself is going through severely challenging times right now. One would have to be smoking some serious stuff to price cars at a premium today (e.g. Compass Trailhawk pricing - FCA / Jeep is seriously out of tune with the current market conditions). - The pricing is damn close to the Harrier. Considering how ill-prepared Tata was at the time of launch (trouble-laden cars, among other things), it's going to affect the Harrier. See this post from a BHPian - related link. If anyone is considering the Hector, I suggest taking a long test-drive first (and waiting for our Official Review). Based on what I've heard, the driving experience & engineering finesse vary between average -> above average in most areas, and good in a handful. Of course, the car has more than enough bling & gizmos for mass market tastes. Last edited by GTO : 27th June 2019 at 13:55.
	(51) Thanks

27th June 2019, 11:51	#914
tarik.arora BHPian Join Date: Dec 2018 Location: Noida Posts: 549 Thanked: 1,198 Times	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L I think the pricing is bang-on. Harrier should be worried a lot. MG is giving lot many things for a marginal 20-30k over Harrier. MG has too many things going for it: Good price, 5-years warranty, subscription scheme, buy back scheme, AMC packages etc. They have come full guns blazing. Last edited by tarik.arora : 27th June 2019 at 11:53.
	(13) Thanks

27th June 2019, 11:54	#915
rish_arora BHPian Join Date: Apr 2018 Location: Chandigarh Posts: 64 Thanked: 104 Times	re: MG India's first SUV named Hector. Edit: Launched @ 12.18L Superb Pricing!! Priced on par with Harrier, but offering more features, a more powerful engine and the awesome panoramic sunroof. Harrier will surely face the heat if it doesn't sort its initial issues and niggles and launch other variants (Sunroof, automatic, 170bhp engine, 7-seater) in time. Also, this will give a head-ache to Kia. They cannot afford to launch the Seltos with a premium price tag.
	(12) Thanks