Toyota Fortuner commanding 3 Lakh+ premium in Grey Market! EDIT Booking opens in Jan

4x4addict · 29th December 2009, 12:22

Quote:

Originally Posted by funkydevil

I'm pretty sure they already had the capability to finish off the bookings earlier, but were just cashing in by demanding premiums. I guess people were not prepared to pay the outrageous premium and must have cancelled their orders which is what may have caused them to reopen bookings.

The manufacturer never gets the premium over the ex-showroom price. This is made purely by the dealers and people who have got the first alloted cars.

.anshuman · 29th December 2009, 13:10

Bookings for Fortuner are open again, the deliveries for the second batch will start after April.

Source: Times of India, New Delhi Edition, Last page.

ashthedivx · 29th December 2009, 13:11

Yup, it's open again. Had similar advert. in TOI as well.

4x4addict · 15th January 2010, 16:04

Production has been bumped up from the initially planned 500 vehicles to 800 a month. The wait list and premiums will soon disappear.

navpreet318 · 1st April 2010, 22:12

What is the condition of deliveries of the fortuner now?are they easily available now or is there still a long waiting list or a premium?

RickyC · 1st April 2010, 23:14

The situation has not changed too much.... the production has increased to about 900 units, still the car is as elusive and sought after as it was earlier. It still commands premium of 2 lakh +.

4x4addict · 2nd April 2010, 11:05

Quote:

Originally Posted by navpreet318

What is the condition of deliveries of the fortuner now?are they easily available now or is there still a long waiting list or a premium?

When the car was launched it garned about 7000 bookings. Anyone with half a brain will know that a reasonable number of these bookings are speculative bookings to milk people who are desperate to own the first few models at any price. Production was initially at 500 units a month and bumped up to 800 odd units a month so since october, if you take an average production number of 700 units about 4000 odd units should have been delivered now. Now that the novelty factor has died down and you are not the *First* fortuner owner in the village anymore, there is absolutely no reason to pay a premium. Deliveries should take a month at most if you book now. Dealers will always like to make a hype but look at the production numbers against current bookings and you should get a vehicle in a reasonable period. IMHO, it is not worth making a speculator 3 lakhs richer at your expense. Just my two cents...

RickyC · 2nd April 2010, 11:51

The bookings are closed since Jan when they were opened for a week or so. The bookings are again likely to open in April for deliveries going upto Sept-Oct (as told by Delhi Dealers).
While the first lot of bookings were mainly of genuine users. some of whom decided to part with their allotments in lure of hefty premiums but the second lot of bookings might be by some speculaters too who are still making hay while the sun shines !

kau_therock · 2nd April 2010, 13:09

i am one of those few who has got the SUV from the second batch. Pictures will be coming up soon.

bhp · 2nd April 2010, 15:59

Bookings have been closed long time back in Feburary. The waiting period is again 8-11 months.

vb-saan · 2nd April 2010, 18:29

Toyota always manages to amuse me - on how they can manage this feat in India. Bringing average models to India and succeeding big time - earlier with the Qualis) and now with the Fortuner!

Sahil · 2nd April 2010, 20:17

Just got delivery of the Fortuner few days back after a 7 month wait !
Due to the high demand for this SUV the dealers often play hanky-panky. Just be sure to keep a constant follow up with the dealer, get a confirmed order number so you can know the position of your vehicle's delivery schedule AND a copy of all paper work.
I learnt the hard way, will post details in another with review soon.

car_crazy1400 · 3rd April 2010, 15:40

I got mine booked in January first week. paid fully for the car on 4'th march, & got it delivered during the navratras. No premium or ne thing.
But I do know some one who paid 50,000 premium & some 2lacs worth accessories from the dealer itself to get instant delivery, just last week, silver color.
Crazy people...!!!

sbraj · 3rd April 2010, 21:21

When I asked about the huge waiting period for Fortuner to Toyota officials at the Q-show, they were apologetic about it. As per them, capacity is being increased to meet the demand.

The way the officials responded, I got the feeling that they are afraid of genuine buyers not considering Fortuner as an option due to the waiting period.

Fortuner71 · 12th December 2010, 16:29

Hello ,

Can anyone please advise if the Fortuner bookings are on again ? Any idea on the waiting period ?

Thanks

29th December 2009, 13:10	#62
.anshuman Distinguished - BHPian Join Date: Dec 2004 Location: Good-Gaon Posts: 7,763 Thanked: 11,064 Times View My Garage	Bookings for Fortuner are open again, the deliveries for the second batch will start after April. Source: Times of India, New Delhi Edition, Last page. Last edited by .anshuman : 29th December 2009 at 13:15.
	() Thanks

29th December 2009, 13:11	#63
ashthedivx Senior - BHPian Join Date: Feb 2007 Location: Delhi Posts: 1,356 Thanked: 24 Times	Yup, it's open again. Had similar advert. in TOI as well.
	() Thanks

15th January 2010, 16:04	#64
4x4addict Distinguished - BHPian Join Date: Nov 2007 Location: Chennai Posts: 4,483 Thanked: 4,529 Times View My Garage Infractions: 0/1 (5)	Production has been bumped up from the initially planned 500 vehicles to 800 a month. The wait list and premiums will soon disappear.
	() Thanks

1st April 2010, 22:12	#65
navpreet318 Senior - BHPian Join Date: Jul 2005 Location: Dehradun Posts: 2,264 Thanked: 2,983 Times	What is the condition of deliveries of the fortuner now?are they easily available now or is there still a long waiting list or a premium?
	() Thanks

1st April 2010, 23:14	#66
RickyC BHPian Join Date: Nov 2009 Location: New Delhi Posts: 84 Thanked: 56 Times	The situation has not changed too much.... the production has increased to about 900 units, still the car is as elusive and sought after as it was earlier. It still commands premium of 2 lakh +.
	() Thanks

2nd April 2010, 11:51	#68
RickyC BHPian Join Date: Nov 2009 Location: New Delhi Posts: 84 Thanked: 56 Times	The bookings are closed since Jan when they were opened for a week or so. The bookings are again likely to open in April for deliveries going upto Sept-Oct (as told by Delhi Dealers). While the first lot of bookings were mainly of genuine users. some of whom decided to part with their allotments in lure of hefty premiums but the second lot of bookings might be by some speculaters too who are still making hay while the sun shines !
	() Thanks

2nd April 2010, 13:09	#69
kau_therock BHPian Join Date: Oct 2007 Location: Pune Posts: 104 Thanked: 185 Times	i am one of those few who has got the SUV from the second batch. Pictures will be coming up soon.
	() Thanks

2nd April 2010, 15:59	#70
bhp BHPian Join Date: Jul 2004 Location: lokhandwala mumbai Posts: 840 Thanked: 168 Times View My Garage	Bookings have been closed long time back in Feburary. The waiting period is again 8-11 months.
	() Thanks

2nd April 2010, 18:29	#71
vb-saan Team-BHP Support Join Date: Feb 2010 Location: S'pore/Thrissur Posts: 7,263 Thanked: 12,365 Times	Toyota always manages to amuse me - on how they can manage this feat in India. Bringing average models to India and succeeding big time - earlier with the Qualis) and now with the Fortuner!
	() Thanks

2nd April 2010, 20:17	#72
Sahil Distinguished - BHPian Join Date: May 2004 Location: Bombay Posts: 6,292 Thanked: 7,605 Times	Just got delivery of the Fortuner few days back after a 7 month wait ! Due to the high demand for this SUV the dealers often play hanky-panky. Just be sure to keep a constant follow up with the dealer, get a confirmed order number so you can know the position of your vehicle's delivery schedule AND a copy of all paper work. I learnt the hard way, will post details in another with review soon.
	() Thanks

3rd April 2010, 15:40	#73
car_crazy1400 BHPian Join Date: Feb 2005 Location: DL/UP16/PB10 Posts: 647 Thanked: 330 Times	I got mine booked in January first week. paid fully for the car on 4'th march, & got it delivered during the navratras. No premium or ne thing. But I do know some one who paid 50,000 premium & some 2lacs worth accessories from the dealer itself to get instant delivery, just last week, silver color. Crazy people...!!! Last edited by car_crazy1400 : 3rd April 2010 at 15:43.
	() Thanks

3rd April 2010, 21:21	#74
sbraj Senior - BHPian Join Date: Mar 2008 Location: B L R / T V M Posts: 1,071 Thanked: 9 Times	When I asked about the huge waiting period for Fortuner to Toyota officials at the Q-show, they were apologetic about it. As per them, capacity is being increased to meet the demand. The way the officials responded, I got the feeling that they are afraid of genuine buyers not considering Fortuner as an option due to the waiting period.
	() Thanks

12th December 2010, 16:29	#75
Fortuner71 BHPian Join Date: Jun 2009 Location: Mysore Posts: 401 Thanked: 344 Times	Re: Toyota Fortuner Bookings Open ? Hello , Can anyone please advise if the Fortuner bookings are on again ? Any idea on the waiting period ? Thanks
	() Thanks