Mahindra XUV 700: From price rise to waiting period; all you need to know
The popularity of this new Mahindra SUV in India has been evident since its introduction. In less than an hour after the automobile was made available for purchase, the carmaker had received 25,000 reservations.
The pricing of the Mahindra XUV700 in India was revealed late last month. However, it wasn't until a week later, on October 7, that the domestic carmaker began accepting Mahindra XUV700 reservations. The popularity of this new Mahindra SUV in India has been evident since its introduction. In less than an hour after the automobile was made available for purchase, the carmaker had received 25,000 reservations. Two days later, Mahindra & Mahindra said that it had received 50,000 reservations for the Mahindra XUV700.
This implies that in only two days, the firm received total reservations worth about Rs. 9,500 crore ex-showroom. Suffice it to say; this new SUV is in high demand in India. So, if you're going to bring this car home, we thought you should be aware of some vital information, such as the Mahindra XUV700 waiting time and the Mahindra XUV700 delivery start date.
Mahindra had previously said at the introduction that the promotional rates offered would only be valid for the first 25,000 orders, and now we see a price increase for the XUV700. So the MX model of the XUV700 now starts at Rs 12.49 lakh (up from 11.99 lakh previously), a Rs 50,000 increase. The diesel now begins at 12.99 lakh rupees. Overall, there has been a Rs 50,000 rise in price across all versions.
Understandably, the company has not published the XUV700 waiting period. There is little question that purchasing this SUV would entail lengthy wait times, and you do not want to inform potential consumers of this, do you? If you're wondering why India's average Mahindra XUV700 waiting period is so long, the answer is more straightforward than you would think. First, there's the apparent demand: it's enormous.
Second, production; owing to the scarcity of semi-conductor chips, all automakers worldwide, including Mahindra & Mahindra, have seen their production operations suffer significantly.
Before releasing the XUV700, the firm assured that it was prepared for manufacturing issues. In fact, we've heard that the Mahindra XUV700's manufacturing would take precedence over that of other Mahindra vehicles until about March of next year.
Despite these precautions, we estimate the waiting period for the Mahindra XUV700 may range from six months to a year, depending on criteria such as the model chosen, etc.
The firm earlier stated that new XUV700 deliveries would begin in India in the last week of October, beginning with the SUV's petrol versions. Deliveries of the Mahindra XUV700 diesel variant will start towards the end of November 2021.
Mahindra has not yet disclosed the specific delivery start dates; instead, the company stated that the SUV's delivery dates would be determined in collaboration with "a respected external consulting firm for an algorithm-based approach."