Go Back   Team-BHP > BHP India > The Indian Car Scene


Closed Thread
 
Thread Tools Search this Thread
Old 9th September 2011, 11:20   #1306
Distinguished - BHPian
 
sgiitk's Avatar
 
Join Date: Dec 2007
Location: Kanpur
Posts: 7,162
Thanked: 3,757 Times
Default Re: Honda slashes price on Jazz as well ? EDIT: Launch pics of new Jazz Pg.56

Quote:
Originally Posted by funkyp View Post
"from massive discounts to a slight premium now on honda jazz which is in short supply after price cut. did honda panic and misread market"
I am wondering if we vector in the earlier discounts and the current premium what is the actual reduction in price?
sgiitk is online now  
Old 9th September 2011, 11:49   #1307
BHPian
 
Join Date: Nov 2008
Location: Pune / Mumbai
Posts: 112
Thanked: 14 Times
Default Re: Honda slashes price on Jazz as well ? EDIT: Launch pics of new Jazz Pg.56

Its raining Honda's all over Pune!
I saw 3 new Jazz' (all GY registration) and i have lost the count of new City's i saw on my way to office today!
freak1201 is offline  
Old 9th September 2011, 11:51   #1308
Newbie
 
Join Date: Sep 2011
Location: Nashik
Posts: 2
Thanked: 0 Times
Default Unlucky (but hopeful) existing Honda Jazz owners

Dear Honda,

We bought a Jazz couple of months ago and missed out on massive 1.75 lac price slash that you have recently started offering. Naturally I'm disappointed like many other existing Jazz owners.

We feel that if the price cut was forthcoming it could have been properly communicated by Honda itself or through its dealers to the prospective customers (at least those who bought the car in last few months), so they could have waited to benefit from the new price.

We are also concerned since our car resale price has gone down drastically, not only because of the price reduction but also since our car lacks the add-on cosmetic features loaded on the new car (crome grill, reclining back seat, etc.)

Honda has always cared for its loyal customers and we believe that you can set an example in India by offering rebate to the existing customers. It could even be in form of an voucher which can be spent at any Honda dealership or while buying our next Honda. I guess Renault did the same in UK few years ago. Please help us retain our faith in Honda!

Hoping to hear back from you.

- from a loyal Honda customer
intlibuyer is offline  
Old 9th September 2011, 13:26   #1309
Senior - BHPian
 
ghodlur's Avatar
 
Join Date: Sep 2009
Location: Thane
Posts: 5,041
Thanked: 2,086 Times
Red face Re: Unlucky (but hopeful) existing Honda Jazz owners

I dont think even Honda knew that the price cut on the Jazz was in the offing. It all depends upon the demand suply for the brand. A few month of low selling numbers forces the manufacturer to think their next strategy to increase the sales and one option is price cut. Those who booked after the price cut benefitted while others didn't.

So no need to sulk on low resale price and all other things, enjoy the car.
ghodlur is offline  
Old 9th September 2011, 13:37   #1310
BANNED
 
Join Date: May 2011
Location: Ludhiana
Posts: 525
Thanked: 207 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

@Intlibuyer;
On the positive side you've got the car with High quality Imported bits like Engine(being assembled here with High quality Imported bits), Dashboard, etc.

P.S: I always believe to buy the product with originality, So be proud that you're having a Originally designed product not a Re-designed one.
CRtorquefan is offline   (1) Thanks
Old 9th September 2011, 13:37   #1311
Distinguished - BHPian
 
Santoshbhat's Avatar
 
Join Date: May 2011
Location: Bangalore
Posts: 1,788
Thanked: 3,028 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

THese kind of things happen. It is natural to feel disappointed, but you can't blame Honda. Companies make market assessment and offer their product at the price which they believe would get them a particular the number of buyers from the segment. Projections can wrong due to a multitude of reasons , not least of which is competition. Hence business strategies have to be flexible to adapt to the current situation.

Quote:
Originally Posted by intlibuyer View Post
Dear Honda,
We feel that if the price cut was forthcoming it could have been properly communicated by Honda itself or through its dealers to the prospective customers (at least those who bought the car in last few months), so they could have waited to benefit from the new price.
Do you really expect them to do that? Do you think Honda is a charitable trust?

Last edited by Santoshbhat : 9th September 2011 at 13:39.
Santoshbhat is online now  
Old 9th September 2011, 13:47   #1312
BHPian
 
motorworks's Avatar
 
Join Date: Sep 2009
Location: Bangalore
Posts: 680
Thanked: 404 Times
Infractions: 0/1 (5)
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

I think it is not fair to expect a rebate or any voucher etc. Every now and then cars go on discount, that does not mean that some one who bought it without discount should be compensated. Jazz was not selling well and it was a risky proposition to buy the car earlier due its high price.
motorworks is offline  
Old 9th September 2011, 13:48   #1313
BHPian
 
A350XWB's Avatar
 
Join Date: Oct 2009
Location: BLR/FRA/STR
Posts: 791
Thanked: 528 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

Dear intlibuyer, I really don't understand the point of the post. Price cuts, feature additions, model deletions, special editions are all part of this industry. Start loving the car for what it is and enjoy. As Santoshbhat has said, Honda is not a charitable trust. It's a company and ultimately, their aim is to make money, not go with the sentiments of the customers.
A350XWB is offline  
Old 9th September 2011, 14:00   #1314
BHPian
 
ethanhunt123's Avatar
 
Join Date: Aug 2006
Location: Bangalore
Posts: 868
Thanked: 239 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

Well intlibuyer, if Honda announced a 1L price increase on the car after you had bought it; would you be ready to pay the 1L amount to Honda ? I think not Price cuts are a big risk that everyone takes while buying the car, especially if it is a slow moving one. So my suggestion, dont worry about the price cut and enjoy the car you have. You bought it thinking it was worth your money and that hasnt changed has it ?
ethanhunt123 is offline   (5) Thanks
Old 9th September 2011, 14:00   #1315
BHPian
 
adsjar's Avatar
 
Join Date: Sep 2010
Location: Pune
Posts: 27
Thanked: 4 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

@intlibuyer
Consider if you got a note that started like this:

Dear Jazz Owner,
You bought a Jazz couple of months ago and missed out on massive 1.75 lac price increase that we have recently put in place.
Loyal customers have always cared for Honda and we believe that you can set an example in India by offering 1.75 lac to the company.

-------------
adsjar is offline   (2) Thanks
Old 9th September 2011, 14:19   #1316
BHPian
 
bigblackshark's Avatar
 
Join Date: Aug 2011
Location: Mumbai
Posts: 94
Thanked: 29 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

Well consider this, you go to buy a pair of jeans from levis and a week later they put up a 50% off sale. You dont go running behind them to give you the sale price money returned do you? Probably not coz the 2500 bucks dont pinch you that much.

Rightly said
Quote:
Originally Posted by ethanhunt123
if Honda announced a 1L price increase on the car after you had bought it; would you be ready to pay the 1L amount to Honda ?
Its the retail industry, prices fluctuate, business models change. Instead of sulking, I would say go on a nice long drive and enjoy the rev happy jazz. I am sure that will take your mind away from the price and slick gearshifts will tell you that you have a nice car on your hands.
bigblackshark is online now  
Old 9th September 2011, 14:35   #1317
BHPian
 
fuel_addict's Avatar
 
Join Date: Jul 2010
Location: Mumbai
Posts: 688
Thanked: 111 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

Quote:
Originally Posted by intlibuyer View Post
Dear Honda,

We bought a Jazz couple of months ago and missed out on massive 1.75 lac price slash that you have recently started offering. Naturally I'm disappointed like many other existing Jazz owners.

We feel that if the price cut was forthcoming it could have been properly communicated by Honda itself or through its dealers to the prospective customers (at least those who bought the car in last few months), so they could have waited to benefit from the new price.


Honda has always cared for its loyal customers and we believe that you can set an example in India by offering rebate to the existing customers. It could even be in form of an voucher which can be spent at any Honda dealership or while buying our next Honda. I guess Renault did the same in UK few years ago. Please help us retain our faith in Honda!
Your concerns are understandable but sadly Honda may not care about it. There would always be few who buy a particular vehicle and then see prices dropping. Happens with electronic gadgets all the time. Its a risk you take as a buyer. Honda's decision to drop prices was the result of massive sales dip and increasing competition. The dealers wouldn't be able to foresee a price cut coming from Honda. Honda would think of the massive number of customers who benefit from the price cut and call it a master stroke.

One way to compensate early buyers as you said is to give service discount vouchers or something in the way of accessories. I don't see that coming from them.

Best thing for you would be to enjoy the car and not think of the resale value.

Last edited by fuel_addict : 9th September 2011 at 14:37.
fuel_addict is offline  
Old 9th September 2011, 14:52   #1318
BHPian
 
Join Date: Dec 2009
Location: Noida
Posts: 74
Thanked: 26 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

I agree with most of Bhpians here even though being one of the victim of Honda Strategy!!.
I purchased my Jazz in May only and my car depreciated by more than 1 lac in two months. My office colleagues (read friends with benefits) who were appreciating me by going by heart and purchasing a petrol hatchback when I can get diesel sedans at that price made me a laughing stock and talk about losses which I have incurred.
But I give a damn on them. I went with my heart and bought a vehicle which was a dream for most of them.(This is my first car and I put all my savings on it). It have gone down in market value by more than a lac but I enjoy driving it and by sitting in it I forget everything.
Resale value is not a issue as I will use the vehicle for longer run. Some decisions go wrong on the financial front but decisions taken from heart never goes wrong.

It doesnt matter to me if Honda compensates to me or not. If they do then its good if not then also I am happy with them.

Atleast they had a courtesy to call when I visited their showroom when I was on vehicle hunt. Hyundai & Maruti didn't even bothered to call me up when I visited their dealers
<Badguy> is offline   (2) Thanks
Old 9th September 2011, 15:08   #1319
Senior - BHPian
 
adimicra's Avatar
 
Join Date: Jul 2010
Location: Hyderabad
Posts: 1,558
Thanked: 1,058 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

Quote:
Originally Posted by <Badguy> View Post
I agree with most of Bhpians here even though being one of the victim of Honda Strategy!!.
I purchased my Jazz in May only and my car depreciated by more than 1 lac in two months. My office colleagues (read friends with benefits) who were appreciating me by going by heart and purchasing a petrol hatchback when I can get diesel sedans at that price made me a laughing stock and talk about losses which I have incurred.
But I give a damn on them. I went with my heart and bought a vehicle which was a dream for most of them.(This is my first car and I put all my savings on it). It have gone down in market value by more than a lac but I enjoy driving it and by sitting in it I forget everything.
Resale value is not a issue as I will use the vehicle for longer run. Some decisions go wrong on the financial front but decisions taken from heart never goes wrong.

It doesnt matter to me if Honda compensates to me or not. If they do then its good if not then also I am happy with them.

Atleast they had a courtesy to call when I visited their showroom when I was on vehicle hunt. Hyundai & Maruti didn't even bothered to call me up when I visited their dealers
Bingo. +1.

Initially, I was also equally disappointed.
And as if to rub salt on my wound, one office colleague booked the same tafeta white jazz at 1 lac less with more features

But, not any more. Get over it. We all love our Jazz'es and the car is really wonderful to own and drive.

And as wise men have said, no point in thinking about stufff which is outside your 'Circle of Influence'...we need to reduce our 'Circle of concern'. There are already so many things in life to be concerned about..why add another one?

One life, why so serious?
Cheer up, buddy.
adimicra is online now   (3) Thanks
Old 9th September 2011, 15:13   #1320
Senior - BHPian
 
fine69's Avatar
 
Join Date: Dec 2008
Location: New Delhi
Posts: 1,407
Thanked: 860 Times
Default Re: Unlucky (but hopeful) existing Honda Jazz owners

Quote:
Originally Posted by ethanhunt123 View Post
Well intlibuyer, if Honda announced a 1L price increase on the car after you had bought it; would you be ready to pay the 1L amount to Honda ?
Spot on!

Quote:
Originally Posted by fuel_addict View Post
There would always be few who buy a particular vehicle and then see prices dropping. Happens with electronic gadgets all the time. Its a risk you take as a buyer.
+1. How about people who buy a car and the next week there's an uplift in the market, their model already is an old model then.

These things happen all the time, I recall buying a cellphone (Nokia 7610 or was it 7650, the red and black combo) for 15.5k about 4-5 years back and within the next 3 months the same phone was retailing at less than 12k. I was very frustrated at this but then my colleague (with whom I bought the phone) asked me if the price cut has made my phone any less. The obvious answer is that whatever be the price cut, the product hasn't deteriorated. And with a car like Jazz, well it was worth even the inflated price for some, isn't that why you bought it in the first place?

It goes without saying that 1 lakh rupees mean a lot but it still isn't the end of everything. Please cheer up, as such its your first post on team-bhp, you can only see good times ahead as a car lover.
fine69 is offline  
Closed Thread


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Hyundai to launch luxury sedan "Genesis" in Europe EDIT: Mulls Indian launch as well mints21 The International Automotive Scene 19 4th November 2015 18:34
Piaggio slashes Vespa price by Rs. 6.5 - 7k sam.666 Motorbikes 16 19th March 2013 14:00
Honda India slashes the City's price by Rs. 44,000 - 66,000! GTO The Indian Car Scene 508 31st July 2011 12:04
Honda to raise car prices, and Jazz launch soon. EDIT : Jazz spotted testing on pg.14 GeekSrik The Indian Car Scene 463 9th March 2010 11:17
Well Well Well keralshobhit Introduce yourself 2 30th May 2009 15:50


All times are GMT +5.5. The time now is 09:48.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks