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Old 27th June 2019, 10:54   #901
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Quote:
Originally Posted by shashant View Post
Got the pricing information from a very reliable source.

Styling (Petrol) : 11.49
Super (Petrol): 12.49
Smart (Petrol): 13.49, 14.99 (DCT)
Sharp (Petrol): 14.49, 15.99 (DCT)

Styling (Diesel) : 12.69
Super (Diesel): 13.69
Smart (Diesel): 14.69
Sharp (Diesel): 15.69

Petro, HEV Sharp: 16.59

Excellent pricing, if this is what comes out tomorrow.
Wow! Starting 11.49 Lacs? If it is true then Hector is going to kill it. Chinese DNA unleashed.
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Old 27th June 2019, 11:10   #902
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Hector Price : seems like internal presentation

Original Source : Unknown (received on WhatsApp)

It's matching with the price shared by BHPian shashant.

MG India's first SUV named Hector. Edit: Launched @ 12.18L-img20190627wa0002.jpg

Last edited by AutoNoob : 27th June 2019 at 11:12.
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Old 27th June 2019, 11:17   #903
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

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Originally Posted by AutoNoob View Post
Hector Price : seems like internal presentation

Original Source : Unknown (received on WhatsApp)

It's matching with the price shared by BHPian shashant.

Attachment 1888219
But, remember the DCT will not come with the Hybrid motor? This picture says otherwise.
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Old 27th June 2019, 11:22   #904
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

webcast has already started a few minutes back

5 year unlimited km warranty (150,000 kms for fleet)
5 free services (labour free)
5-years RSA

Petrol AMC 3-years starts at 8k, one elite AMC package that includes tyres and battery as well (plus buyback)
3-years buy-back at 60%

Subscription program from day 1 with Myles (6 months to 5 years): Delhi, Mumbai and Bangalore to begin with

Intro prices:
petrol:12.18-12.98 (base 2 variants)
Diesel:13.18-16.88
Hybrid: 13.58-14.68-15.88 (top 3 variants)
Petrol DCT: 15.28-16.78 (top 2 variants)

10K bookings received


Last edited by tarik.arora : 27th June 2019 at 11:43.
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Old 27th June 2019, 11:31   #905
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

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Originally Posted by tarik.arora View Post
webcast has already started a few minutes back

5 year unlimited km warranty (150,000 kms for fleet)
5 free services (labour free)
5-years RSA
Do you have the link?
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Old 27th June 2019, 11:39   #906
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Prices declared:
MG India's first SUV named Hector. Edit: Launched @ 12.18L-screenshot-20190627-11.38.27-am.png

They say they've got 10k advance bookings.
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Old 27th June 2019, 11:41   #907
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Introductory prices is exciting. They'll have a lot of customers. Makes sense to go for this over any other competition, very similar to the XUV 500 situation some years back.
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Old 27th June 2019, 11:41   #908
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Excellent pricing. MG has set the cat loose amongst the pigeons. Harrier will likely face the brunt of this onsalught but I would go one step ahead and say that Creta is going to have a serious rethink too. Other than the customers focussed on size, it simply loses out to the Hector specially when with these prices.
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Old 27th June 2019, 11:44   #909
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

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Originally Posted by drmohitg View Post
Excellent pricing. MG has set the cat loose amongst the pigeons. Harrier will likely face the brunt of this onsalught but I would go one step ahead and say that Creta is going to have a serious rethink too. Other than the customers focussed on size, it simply loses out to the Hector specially when with these prices.
Creta is going to get seriously affected as well, imo. The creta was always overpriced for what it offered, they only managed to get away with it because of the lack of proper competition, now with the price reveal of the hector, Hyundai is going to have lots of sleepless nights.
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Old 27th June 2019, 11:44   #910
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Quote:
Originally Posted by tarik.arora View Post
5 free services (labour free)
I guess that would mean a 6 month service interval. One inspection after one month and four biannual services would make up the 5 free services.
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Old 27th June 2019, 11:48   #911
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Prices out now

Petrol Style MT 12.18 Lakh
Petrol Super MT 12.98 Lakh
Petrol Smart DCT 15.28 Lakh
Petrol Sharp DCT 16.78 Lakh

Diesel Style MT 13.18 Lakh
Diesel Super MT 14.18 Lakh
Diesel Smart MT 15.48 Lakh
Diesel Sharp MT 16.88 Lakh

Petrol Hybrid Super MT 13.58 Lakh
Petrol Hybrid Smart MT 16.48 Lakh
Petrol Hybrid Sharp MT 15.88 Lakh

Ex showroom India

Also the car can be subscibed for say 6 months then returned. It's called MG Subscibe and powered by Myles Zero.

Last edited by Debajyoti : 27th June 2019 at 11:54.
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Old 27th June 2019, 11:49   #912
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

I can already foresee thousands of Hectors for sale around end of CY 2022 because of the buyback offer at 3-years at 60%! Would be interesting to see if MG Makes money on this car or not - with such amount of features, good pricing and the buy-back scheme. Guess time shall tell us in a few years.
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Old 27th June 2019, 11:49   #913
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

I knew it will be competitively priced. Reasons:

- If there is one thing the Chinese do well, it's controlling costs + pricing their products well .

- Not only is MG a new brand in India, it is also largely unknown. To get Indians to part with 15 - 20 lakhs with a stranger, you'd have to offer a really strong value proposition.

- The Hector is the main thing MG India has going for it right now. If the Hector sinks, MG India sinks (at least temporarily).

- The first product is what defines the company. I'm sure MG wants to stand for "VFM" and not "overpriced flop".

- The Indian market itself is going through severely challenging times right now. One would have to be smoking some serious stuff to price cars at a premium today (e.g. Compass Trailhawk pricing - FCA / Jeep is seriously out of tune with the current market conditions).

- The pricing is damn close to the Harrier. Considering how ill-prepared Tata was at the time of launch (trouble-laden cars, among other things), it's going to affect the Harrier. See this post from a BHPian - related link.

If anyone is considering the Hector, I suggest taking a long test-drive first (and waiting for our Official Review). Based on what I've heard, the driving experience & engineering finesse vary between average -> above average in most areas, and good in a handful. Of course, the car has more than enough bling & gizmos for mass market tastes.

Last edited by GTO : 27th June 2019 at 13:55.
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Old 27th June 2019, 11:51   #914
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

I think the pricing is bang-on. Harrier should be worried a lot. MG is giving lot many things for a marginal 20-30k over Harrier.

MG has too many things going for it: Good price, 5-years warranty, subscription scheme, buy back scheme, AMC packages etc. They have come full guns blazing.

Last edited by tarik.arora : 27th June 2019 at 11:53.
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Old 27th June 2019, 11:54   #915
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Default re: MG India's first SUV named Hector. Edit: Launched @ 12.18L

Superb Pricing!! Priced on par with Harrier, but offering more features, a more powerful engine and the awesome panoramic sunroof. Harrier will surely face the heat if it doesn't sort its initial issues and niggles and launch other variants (Sunroof, automatic, 170bhp engine, 7-seater) in time.

Also, this will give a head-ache to Kia. They cannot afford to launch the Seltos with a premium price tag.
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