Re: Mahindra XUV500 : Test Drive & Review This one will be a little of a long post. So feel free to skip.
I am watching this thread with some bemusement as well as amusement since last few days. I am bemused with the wide sense of exhileration of the successful people and dispair of those who lost. I am amused with all the conspiracy theories that routinely do the rounds in these kind of cases and is happening here as well.
To begin with I booked an XUV but did not get lucky. So did one of my senior colleagues, let's call him J. He too missed the bus. J and I often exchange notes these days on where we stand now and the next possibilities. J is obviously not sure whether everything was above board after reading through people's comments, reactions and theories.
So let me put across my views on this that I was discussing with J just yesterday. Was there some sort of a hanky panky done with the lottery? I would say probably not. Afterall what do we have to suggest anything of the sort? That people with multiple applications got through? Well, as long as they used different family members' names with individual PAN numbers of each it is perfectly ok. I know many of these were consecutive forms which came up trumps, adding more fuel to the rumor fires. However that is also no proof. If I apply with say Form 1,2 and 3 and all three win the lottery it does not mean that the computer drew three consecutive numbers one after another in the draw. My form 3 could have won in the 100th draw while form 1 could probably make it on the 1000th draw and form 2 probably on the 7000th attempt. Its all random. Just because they are arranged/sorted sequentially in the draw results (for ease of search) prove nothing, IMO. About the chances of someone hitting jackpot with all his/her forms I would simply say they are the real lucky ones. Ever seen those 1 or 2 guys in a Tambola with a solitary ticket winning everything from the Jaldi-5 to Full house? ![Smile](https://www.team-bhp.com/forum/images/smilies/smile.png) Remember, with big names like M&M, Deloitte etc being involved they have everything to lose if a person files a petition in the court and then a subsequent court ordered inquiry brings out any malpractice in the draw of the lots.
Now talking about people willing to make fast buck by selling off their vehicles at huge premiums, M&M can do precious little over and above what they have done. They won't allow a person to transfer their allotment letters. So essentially to hope a bonanza out of black marketing a person will need to first plonk his/her $$$ to buy the car after a wait of upto 4 months then get the same registered in his/her name and then find a buyer crazy enough to pay a premium of 2+ lakhs to buy what is essentially a 2nd hand car (RC book will show so). Now think of the pitfalls. You invest your big money on a car with a grand hope that 4+ months down the line someone will actually want to pay you huge additional money to buy your car. And with the kind of premium you are asking for this vehicle will reach somewhere around 17 lakhs on the road. Thats a territory where with some more here and there you definitely have other worthy options to look at. That's a lot of chance to take. Definitely not doable with car loans (foreclosure norms will kill you anyways). And someone with so much of cash of his own will anyhow have better ways of making money than the route of black marketing. So barring a few early ones who might be just testing the waters in the initial days I think more number of those with multiple bookings will most probably surrender their extra bookings. And herein lies the chance for those who did not succeed in the main draw to get an allotment on the rebound.
Of course above is my personal analysis of the situation as of now. I may be a little off the track though I doubt I will be much wide of the mark.
Last edited by Zappo : 21st February 2012 at 01:47.
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