[ashkamath]

Originally Posted by MBAGrad120

Finally got on road price from my dealer. 90K increase for MX2 Pro AT on road Chennai. 25K Price increase + 65K Tax increase (New tax 15% + 1%(TCS) since it crossed 10L).

Why do they increase cars priced at 9.99L. It'll have great impact on final price.

I'm going to cancel now, after 5 months wait and start car hunt again. Also waiting eagerly for Kylaq debut.

I am curious to know. Is a hike of Rs 30,000, normal in Indian Car Industry? For the MX1 variant the previous price was Rs. 7.49 L and now it is 7.79 L and that is a 4% increase on the total car ex-showroom price. then add the pro-rata increase in RT, Insurance etc and it could be over Rs. 50,000 additional payment for the car buyer for the base variant. Is this normal? I remember, normally the price hikes being in the range of Rs. 5,000 to Rs 7,000 and it seemed quite alright.

I am also canceling my 3XO booking as the dealer says it could take many more months before my car could arrive. I am looking at Kylaq which is said to debut on 06th November and see what curry they are going to cook.

[kgt.v8]

Originally Posted by MBAGrad120

Finally got on road price from my dealer. 90K increase for MX2 Pro AT on road Chennai. 25K Price increase + 65K Tax increase (New tax 15% + 1%(TCS) since it crossed 10L).

Why do they increase cars priced at 9.99L. It'll have great impact on final price.

I'm going to cancel now, after 5 months wait and start car hunt again. Also waiting eagerly for Kylaq debut.

Total increase of ₹90k in on-road price is a lot for a car that was ₹9.99 lakh. The people who run these pricing update in car companies should be aware of the impact on on-road price when price goes beyond ₹9.99 lakh and should use some intelligent analytics tools to see the impact of increase on on-road price, historical sales from different states for such variants and potential sales decline. Telangana also has similar higher bracket at ₹10lakh and then at ₹20lakh which makes car costlier when they cross these limits.

I would suggest you wait for Kylaq and see how it fares against 3XO. Mahindra has recently increase price of 3XO, so most likely they might increase in Jan (as usual for all auto makers) or in March.

You can retain 3XO booking in the meantime. If MX2 Pro AT manufactured in 2023 does not find a taker by January, the dealer would offer some discount on previous year stock.

[MLGuy]

Originally Posted by MLGuy

I received a call from Unnati Motors four days ago regarding the status of my car (Yay, finally the AX5L!) after a four-month wait, and it has arrived at the stockyard. Today, as I was planning to go for the PDI, I received a message from the sales representative about a price hike.

I inquired about the reason for the increase on my earlier booking, questioning the point of booking in advance if prices can change. The representative informed me that this applies to everyone, but I find it illogical and didn't expect this from Mahindra, especially regarding older bookings.

Can someone from the Team-BHP community help clarify this situation? How should I proceed with the delivery of my car?

Thank you!

Hi All, I have made the full payment and PDI is also done.
However, I have encountered an issue with their insurance policy. The dealership is charging an exorbitant insurance premium, offering coverage upto 95% of the Insured Declared Value (IDV). As an alternative, I am considering buying insurance from 'Zuno Insurance,' Mahindra's preferred insurance partner, which is offering a slightly lower premium.

When I informed the dealership about my intention to purchase insurance from Zuno Insurance, they insisted that I sign a bond paper declaring that all the responsibility for the insurance lies with me. Moreover, they have stated that they will not release the vehicle to me unless I sign this declaration.

I am concerned about the ethical nature of this practice and would like to seek advice from the team-bhp community. Should I proceed with signing the bond paper, or are there any other options I should consider? How will it impact my claim in near future if i purchase it from outside?

[ashkamath]

Originally Posted by MLGuy

Hi All, I have made the full payment and PDI is also done.
However, I have encountered an issue with their insurance policy. The dealership is charging an exorbitant insurance premium, offering coverage upto 95% of the Insured Declared Value (IDV). As an alternative, I am considering buying insurance from 'Zuno Insurance,' Mahindra's preferred insurance partner, which is offering a slightly lower premium.

When I informed the dealership about my intention to purchase insurance from Zuno Insurance, they insisted that I sign a bond paper declaring that all the responsibility for the insurance lies with me. Moreover, they have stated that they will not release the vehicle to me unless I sign this declaration.

I am concerned about the ethical nature of this practice and would like to seek advice from the team-bhp community. Should I proceed with signing the bond paper, or are there any other options I should consider? How will it impact my claim in near future if i purchase it from outside?

Insurance is a personal preference and it doesnt matter which company, it is a contract between the car owner, called the insured and the insurance company, the insurer.

No car dealer or company has any role in this contract between the insured and the insurer. They have absolutely no role to play in this contract.

Ask them why you have to give the bond paper and stuff like that? It's the most ridiculous thing I have heard. I am a Surveyor by profession and you can complain to Mahindra and also IRDA (Insurance regulatory and development authority).

Do Not budge to this blackmail. Simply email them with a CC to Mahindra that you intend to take your own insurance as per your will and wish and the dealer has to abide to the customer's will and wish.

I repeat again, the insurance policy is a two way contract between the car owner and the insurance company only and the dealer has ABSOLUTELY NO ROLE in this matter. Your deal with the mahindra dealer is only for the car and perhaps they will assist you with registration (which you can get it done directly with the RTO, if you choose to) and insurance is your sole discretion.

Ask them to give in writing what ever bond thing they are claiming and tell them that you are taking this to consumer forum, the Mahindra and IRDA and escalate this matter further.

Regarding your future claim, if any, remember you can lodge a claim with any branch of that insurance company in India and get your car repaired at any Mahindra service centre. You are not bound to get it repaired with your dealer nor are you bound by any rule or law that you have to claim at the same insurance branch for the claim. For example you live in Pune and you drive to say Goa and there is a small incident and you wish to claim your insurance. You just visit the local Goa branch of the insurance company, lodge your claim, fill your claim form and inform them where the car is lying ( the workshop) and the surveyor will visit the workshop and do the survey and your claim will be processed in Goa only. All insurance policy now are on a centralised core server accessible from anywhere in India. Did you see the role of your dealer in this whole Goa example I gave you just above? Your dealer has nothing to do with your insurance and you flatly refuse the sign the bond. This is plain blackmail in my opinion and dont succumb to it. Please dont be scared. Your money has not gone anywhere and your car will arrive as you have made the payment. Insurance and RTO you can get it done yourself. Just be careful that the dealer does not tamper with your new car because he is now one angry person. If any thing is wrong with the car, you can straight away lodge a consumer case and send a notice through your lawyer and threaten them to take it public through social media. Also tweet Anand Mahindra about this unethical practice by their dealer. I think the dealer needs some stick from Mahindra as well.

Remember, this bond thing is illegal and unethical. take it in writing from them and lodge a complaint with Mahindra, IRDA and consumer forum. I am an Insurance surveyor for over 3 decades and in my profesion I have done probably thousands of accident claim surveys all over India, and I say, this is the most ridiculous thing ever to hear about the bond to be executed. You sir, should raise your voice and speak sternly and with authority. It's your hard earned money. Say No and put your foot down. contact your preferred insurer and get your policy and ask the dealer to release the car and that's it.

Customer is the king, without the customer there is no business. You seriously need to raise your voice and put your foot down and remind these dealer that you are the paying customer and you want it as you deem fit. Tell them " My Money, My Car, My Wish"

[It's Magic]

Originally Posted by MLGuy

Should I proceed with signing the bond paper, or are there any other options I should consider? How will it impact my claim in near future if i purchase it from outside?

Did they mention a reason why you need to sign the bond paper? In my opinion, they are just trying to scare you.

As Bhpian Ashkamath mentioned, insurance is a contract between the car owner and the insurance company. However, dealers encourage you to purchase insurance from the company they have a tie-up with. Generally, I have seen that these dealerships have tie-ups with a couple of insurance companies, and they recommend customers to go with them for preferential treatment or a quicker process. Usually, an insurance representative is available at the dealership who can expedite the paperwork in case of a claim, and your car can be looked after more quickly in the service center.

Having said that, you can choose the insurance company of your choice irrespective of whether they have a tie-up with the dealership or not. Your car will get fixed or looked after in case of an incident, and your claim will get processed. So do not worry about that aspect. Additionally, I don’t think they can hold your vehicle just because you choose not to take insurance from them.

[kamathsonline]

Originally Posted by MBAGrad120

Finally got on road price from my dealer. 90K increase for MX2 Pro AT on road Chennai. 25K Price increase + 65K Tax increase (New tax 15% + 1%(TCS) since it crossed 10L).

Why do they increase cars priced at 9.99L. It'll have great impact on final price.

I'm going to cancel now, after 5 months wait and start car hunt again. Also waiting eagerly for Kylaq debut.

It is big price increase just because it crosses 10L, but do not consider TCS as a cost as this can be recovered / adjusted in your ITR, so effective price increase is ~55k

M&M insurance is quoted @ ~5.1% on Ex showroom prices, wheres Maruti quotes @3.2%, not sure what the difference is.

I have been asking for the new price list from India Garage Bangalore & they are not sharing it, saying that they haven't received it from M&M

[backtochennai]

Originally Posted by backtochennai

Seeing a new car stall in the middle of the road is pretty alarming and doesn’t give me much confidence, especially with some long trips ahead. I've scheduled an appointment for this Saturday to have it checked out and resolved. I’ll keep you updated!

Here's an update on the Service Centre visit: I was informed that a sensor has failed, which is causing the problem. They’ve placed an order for a replacement, and it should arrive in a couple of days, so I’ll go in to get it changed. The service centre representative mentioned that it’s not a major issue. I am planning on turning off the Auto Start/Stop feature for now, as it seems the checks are occurring when the vehicle starts.

[rtk2903]

Originally Posted by MLGuy

I am concerned about the ethical nature of this practice and would like to seek advice from the team-bhp community. Should I proceed with signing the bond paper, or are there any other options I should consider? How will it impact my claim in near future if i purchase it from outside?

Is it a bond or affidavit? I remember speaking with one of my Neighbours who got an XUV700 from the same dealership, and he was asked for some affidavit since he went with Acko Insurance.

He gave the affidavit and it was sorted.

They said the same to me when I enquired about getting the insurance done by myself.

I think it's just to create friction so that you get the insurance through them.

[KnightX]

Has anyone made a booking of AX5L automatic in the month of June or July in Bengaluru ? What's the status of your vehicle delivery ? I had made a booking in the month of this model in Sireesh Auto (Silkboard) in the month of July and wanted to vehicle to be delivered in November. Initially I was told that the vehicle would easily be delivered on the promised date in November but now when I called them to get an update about if everything is on track then I got an update that I might have to wait for a minimum of 2 more months. Please share your experience.

[lightfootdriver]

Originally Posted by KnightX

I had made a booking in the month of this model in Sireesh Auto (Silkboard) in the month of July and wanted to vehicle to be delivered in November.

My AX5L AT is pending to be delivered. I nade booking with them on May 22. They are not giving me any timeline. It won't be in october for sure per them. Sorry but chances are negligible they'll deliver 3XO to you this year. Any timeline they give is simply to keep you hooked.

[im_revhead]

Originally Posted by KnightX

Has anyone made a booking of AX5L automatic in the month of June or July in Bengaluru ? What's the status of your vehicle delivery ?

I'm on the same boat as well. Booked AX5L Petrol AT in July at AMPL Chennai. No signs of vehicle allotment.

I was told that Diesel variants have lower waiting period. So I am just thinking of changing my booking to AX5 AT Diesel. With that I might as well save approx a Lakh.

[BSASLR]

Originally Posted by im_revhead

signs of vehicle allotment.
With that I might as well save approx a Lakh.

Thinking out loud with an educated guess , actual figures may differ, feel free to chime in members.

3XO AX5 Diesel Rs 16L Vs AX5L Petrol 17L (Bglr)

*Approximate* Value AX5L Petrol has above the Diesel

ADAS Rs. 1,00,000
Asin TC Rs. 85,000
Auto Hold Rs. 50,000
360 Camera Rs. 40,000
Adaptive Cruise Rs. 25,000
Less Diesel Rs. -1,00,000
Value Difference Rs. 2,00,000

What price would you put on getting all above factory fitted?

AX5 AMT Diesel seems to be to at least Rs 2L costlier not 1L cheaper
You may need to drive almost 70,000 or more Km to recover the extra paid for diesel
If we add interest lost on 2Lac, then Km needed for breakeven may be higher.

However, diesel torque, resale value of a longer lasting engine are another consideration if your heart is for Diesel.

[ashkamath]

Originally Posted by im_revhead

I was told that Diesel variants have lower waiting period. So I am just thinking of changing my booking to AX5 AT Diesel. With that I might as well save approx a Lakh.

I have had a diesel car since 2004 to 2022 and now looking for a petrol car only for the following reasons.

1. The Central Minister for road transport has repeatedly denounced the diesel engine in his public appearances / speeches as more polluting and also being against IC engines in general.

2. I am concerned that NGT will bring harsher norms against Diesel in larger metros in the country as they have done it Delhi and curtail the life from 15 years to 10 years.

3. Stricter emission norms going ahead means eventually the noose gets tightened on diesel engine cars.

4. Average monthly running. If the running is high, diesel makes sense ( like taxis for example). If it's city usage and limited running, then petrol is better.

I am looking at the future possible implications and getting ready for the same. Hence I have decided to stay away from diesel engine cars.

[kamathsonline]

Originally Posted by im_revhead

I'm on the same boat as well. Booked AX5L Petrol AT in July at AMPL Chennai. No signs of vehicle allotment.

I was told that Diesel variants have lower waiting period. So I am just thinking of changing my booking to AX5 AT Diesel. With that I might as well save approx a Lakh.

My booking date 16th June, no sign of allotment, Bengaluru Whitefield. I was assuming it would come after the price increase, but they still do not have any. I was offered a AX5 AT Yellow colour, but I wanted AX5L AT only & not yellow so did not take it. But after that no news on the allotment.

Looks like M&M got their demand densing completely wrong.

[kamathsonline]

Originally Posted by BSASLR

Thinking out loud with an educated guess , actual figures may differ, feel free to chime in members.

3XO AX5 Diesel Rs 16L Vs AX5L Petrol 17L (Bglr)

*Approximate* Value AX5L Petrol has above the Diesel

ADAS Rs. 1,00,000
Asin TC Rs. 85,000
Auto Hold Rs. 50,000
360 Camera Rs. 40,000
Adaptive Cruise Rs. 25,000
Less Diesel Rs. -1,00,000
Value Difference Rs. 2,00,000

What price would you put on getting all above factory fitted?

AX5 AMT Diesel seems to be to at least Rs 2L costlier not 1L cheaper
You may need to drive almost 70,000 or more Km to recover the extra paid for diesel
If we add interest lost on 2Lac, then Km needed for breakeven may be higher.

However, diesel torque, resale value of a longer lasting engine are another consideration if your heart is for Diesel.

Very well described, on more biggest difference in usability will be the shift from the refined AT in petrol to AMT in diesel.