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Old 6th January 2008, 01:23   #16
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Originally Posted by uvais View Post
thanks for the information ...

so, when is this 30-43K cut to be affected ?? and will it be across india and across Petrol and diesel variants ?

i got a call today from sales person with whom i am interacting for logan and he told me the GLX ex-showroom price has been slashed by 26K but no slashing for diesel and might not even have one (i guess thats because D varient is selling pretty good and i think might have good/resonable relase value too )
I'm not sure of the details. The source of the information is an article in the ET (Logan to be cheaper by Rs 30,000- Automobiles-Auto-News By Industry-News-The Economic Times)

you can find more information on these two threads:

http://www.team-bhp.com/forum/indian...-30-000-a.html (Logan to be cheaper by Rs 30,000)

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Old 6th January 2008, 12:03   #17
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Originally Posted by jaibir View Post
there's news reports out of a 30-43k price cut in the logan. this is going to affect the resale value of the older cars bought at the higher price points quite negatively.
More than that the reports on Mahindra pulling out of the Mahindra-Renault deal (even if it wont affect the production or sale of the vehicle) will also have an effect on resale value. The 2nd hand market is cruel.
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Old 6th January 2008, 12:13   #18
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Last night, a post wedding blah blah chai majlis had this topic and most of the people were of the opinion that the resale value is going to drop very badly if Mahindra has pulled out of the JV.
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Old 6th January 2008, 19:15   #19
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btw how long do u plan to keep the car ? if ur keeping it for more than 4-5 years resale value does not matter very much
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Old 6th January 2008, 19:25   #20
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Price is going down, as per latest news!

So, all the cars already on the roads will see a drop in value.
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Old 6th January 2008, 20:57   #21
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M&M is thinking of coming of JV. If this happens, the resale value will definately get affected.
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