Whats up with this so called "Waiting period"

madan80 · 20th July 2007, 09:05

Quote:

Originally Posted by esteem_lover

I think it is a genuine problem for maruti. They are caught in a fix right now..... I believe they are running their plants at full strength.

Well, that is correct- we had done an analysis a while back about the production capacities and more importantly - their utilizations - maruti was at about 112% installed capacity - the only logical deduction was that the production plant was also building CKDs. Another intersesting fact we observed was that no one company other than maruti (112%) and Hyundai (87%) were close to even 50% of installed capacity. Ford was the worst at something like 17%. (I will need to reconfirm the exact numbers as this was a study we did two years ago on historic data).

Also - you book a car - pay money. The company / dealer can block the money -and obviously get interest. So the question is - has anyone gotten in touch with the company to actually check if there is a "waiting period" or is it a scenario created by the dealer.

nitrous · 20th July 2007, 14:02

Quote:

Originally Posted by madan

The company / dealer can block the money -and obviously get interest.

One Maruti dealer has promised to pay interest if the waiting period crosses 30 days.

balaji_n29 · 20th July 2007, 14:07

Quote:

Originally Posted by nitrous

One Maruti dealer has promised to pay interest if the waiting period crosses 30 days.

FYI, Maruti promises to give interest of 4.25 p.a from the day of booking to the date of information of delivery less 10 days. This is indicated on the back side of the booking form. Most dealers cheat customers about this amount as many are not aware.

On the other hand its too bad that Maruti is still clueless about meeting demand for Swift and now SX4. May be they want people to go really desperate to get their car, so that people really know what their car is worth

.

Cheers!

smartmundu · 20th July 2007, 14:35

Quote:

Originally Posted by nitrous

One Maruti dealer has promised to pay interest if the waiting period crosses 30 days.

Which dealer promised u this thing?

Ajaybiz · 20th July 2007, 15:05

Let others launch their Hatches in Diesel version then see how the waiting period changes in cash discounts.

Surprise · 20th July 2007, 15:06

We got interest paid back for a delay of 3 weeks from Maruti (ABT Maruti). Dont remember the car model or interest rate

View Poll Results: Wating period is
Marketting Gimmick	42	59.15%
Shows that car is really selling like hot cakes	29	40.85%
Voters: 71. You may not vote on this poll

20th July 2007, 15:05	#35
Ajaybiz BANNED Join Date: Nov 2004 Location: Bangalore Posts: 1,440 Thanked: 320 Times View My Garage	Let others launch their Hatches in Diesel version then see how the waiting period changes in cash discounts.
	() Thanks

20th July 2007, 15:06	#36
Surprise Senior - BHPian Join Date: Feb 2005 Location: Chennai Posts: 2,523 Thanked: 454 Times	We got interest paid back for a delay of 3 weeks from Maruti (ABT Maruti). Dont remember the car model or interest rate
	() Thanks