Thanks to long waiting periods, an old Mahindra XUV700 has become costlier than new. This includes SUVs with 200 km to 600 km on road.
While a 200 km Old Mahindra XUV700 is up by Rs 3.5 Lakh, a 600 km old SUV is listed a lakh costlier than new. The Mahindra XUV700 has become very popular among car lovers in India. However, the waiting period for this SUV has been quite long. Now, old cars have started fetching a higher price than the new models. It remains to be seen if this becomes a bigger trend. A new petrol variant of the XUV700 lineup is priced at Rs 21.29 Lakh. The ex-showroom price goes up to Rs 24 lakhs. As you can see below, a used Mahindra XUV700 AX 7 Petrol AT Luxury Pack 7 STR (2021) in Mumbai is listed on CarTrade.com at Rs 27.5 Lakh.
Also read: Man Gets Delivery Date Confirmation For Mahindra XUV700 Even Without Booking The SUV
The seller has listed the SUV with the captions – “Car Is In Scratchless Condition, Serviced And Maintained At Authorized Mahindra Workshop,.. As Good As New.” Whether it sells or not, this is an interesting trend that reflects the popularity of the Mahindra XUV700. It is said to have received around 65,000 bookings in the first two weeks alone. However, the delivery timelines have been proving challenging for the company. Even the first used XUV700 to go on sale is priced a lakh costlier than new. The 600 km Mahindra XUV700 AX 7 Petrol AT Luxury Pack 7 STR (2021) in Agra is listed at Rs 25 Lakh.
Also read: UNFAIR Delivery Process of Mahindra XUV700 Leads to Booking Cancellations
The Mahindra XUV700 is the highlight of the company’s product portfolio. It comes in diesel and petrol variants with manual and automatic options, and with 5 and 7-Seater capacity. There is also an optional All-Wheel- Drive (AWD) spec. Additional features include Smart Door Handles, built-in Alexa integration, Intelligence AdrenoX, a 3D Sound System with 12 speakers, and more.
Initially, Mahindra planned to start deliveries of the petrol variant from October 30 and the diesel variant by the last week of November. However, there were issues with the management of bookings and the waiting period for this SUV lasted for several months. Several customers faced problems in delivery because of the prioritization set by Mahindra XUV700’s external vendor. Many new cases also emerged where bookings are automatically getting canceled and users received random texts saying they have received a refund of the booking amount.
Also read: Mahindra XUV700 Bookings Getting Canceled AUTOMATICALLY Leave Customers Baffled
