Along with the long waiting period, the price of the popular Mahindra XUV700 has increased by up to Rs 1.15 lakh in just 4 months.
The Mahindra XUV700 is one of the most popular SUVs in the country. It received more than 70,000 bookings within the first month of launch. However, the mid-size SUV has been facing long waiting periods, extending up to September 2023. In addition, the price of the infamous SUV is also increasing every day. As per recent price charts, the Mahindra XUV700 has become up to 1.15 lakh costlier in the last 4 months. Originally, the vehicle’s price started at Rs 11.99 lakh, ex-showroom. As of 10th January, the base Petrol model is available at Rs 12.96 lakh, ex-showroom. On the other hand, the top-end Diesel model now costs Rs 23.80 lakh. Tell us what you think of the Mahindra XUV700 Old vs New Prices.
The Mahindra XUV700 is powered by a 2.0-liter turbocharged petrol unit that offers a maximum power of 200 PS and a peak torque of 380 Nm. Whereas the Diesel engine outputs 155 PS/ 360 Nm in the lower versions and 185 PS/ 420 Nm (450 Nm in automatic variant) in the higher positioned models. Both the petrol and diesel engine variants come with 6-speed manual and automatic transmission choices. Additional features on the SUV include Smart Door Handles, built-in Alexa integration, Intelligence AdrenoX, a 3D Sound System with 12 speakers, and more.
Lately, the mid-sized SUV is showing outrageous waiting periods. Several customers have received delivery date in September 2023 (extending the waiting time to 22 months). The company has been facing problems due to a large number of bookings and production limitations. The ongoing semiconductor shortage has slowed down the number of ready products. The company also faced problems with managing bookings. It hired a consultancy firm to ensure a smooth delivery process and optimisation of resources at the production facilities. How effective it will turn out to be, remains to be seen.
Currently, the Mahindra XUV700’s delivery process is not following a first-come-first-served basis. It depends on the transmission type, fuel type, variant, location, etc. Apparently, the company wants the SUV to reach every corner of the country first rather than fulfilling all the orders in one city. While this strategy will maximise footprint and increase popularity, it is testing the loyalty and patience of paying customers. The Mahindra XUV700 competes with the likes of Tata Safari, MG Hector Plus, and Hyundai Alcazar. in the 7-seat configurations.