Swift DDIS Booking amount reduced

P.S.Grewal · 18th November 2010, 19:35

Yesterday I got a call from local Maruti Dealer regarding booking of Swift VDI. He said that booking amount has been reduced to Rs 5000/- only in comparison to Rs 50,000/- which was earlier the minimum booking amount . The waiting period is three and half months. Now the question is that why have they done that?. Is the new swift ready to be launched or what. There must be something fishy. Experts advise is solicited.

abhi413 · 18th November 2010, 20:29

New Swift is not coming before mid 2011. But this is a drastic drop in booking price. Maybe because of plenty of other options available nowadays!? But just wait for a couple of days to see if others dealers follow suit!

quadbike · 18th November 2010, 20:48

I think so the Figo and new i20 has got a huge chunk of the swift market now. Hyundai is selling 7600+ i20s for the last two months.

theMAG · 18th November 2010, 21:51

They're feeling the heat from the robust competition this year.

rjalihal · 18th November 2010, 22:00

Yes, MUIL feeling the heat. But, this is also a great chance for them to bounce back. After all, this is a tempting deal!

govigov · 18th November 2010, 22:21

i have not heard about such a huge booking amount. i had paid only 5000 about 3 months back.

mohandas · 18th November 2010, 22:26

^^^ I think we are talking about Swift, not Ritz here. The booking amount of Ritz was always 5k or less. Even sometime back at Hyd, we used to get Ritz DDIS off the shelf.

donarun · 18th November 2010, 22:27

Quote:

Originally Posted by theMAG

They're feeling the heat from the robust competition this year.

I am not sure, there are still no discounts on the Swift coupled with high waiting period, 5 months for a VDI + ABS variant in Chennai

wbd8779 · 18th November 2010, 23:32

The booking amount was 5000 only , the inflation is done at the dealers end.

theguy · 18th November 2010, 23:49

My guess is new Swift will be launched only after the waiting period of current Swift gets reduced considerably

ghodlur · 19th November 2010, 07:44

No matter how much MSIL reduces the booking amount on the Swift, the delivery period is still a major drawback. Probably this is the reason for the market share of swift coming down heavily in the last few months. Countering the fall with reduced booking amount is not the correct solution which MSIL should be looking for.

Another drawback of reduced booking amount is lesser interest earned by Maruti till the delivery period, why would they be doing that since till date they used to pocket good amount in interest part only.

JayD · 19th November 2010, 08:05

I do not think there was any fixed booking amount as it is. Dealers here were accepting anything from 1000 to 50k as booking amount depending on the customer's wish. So if any dealer was charging a certain amount, I think it was purely their decision.

swiftnfurious · 19th November 2010, 09:13

The booking amount has been reduced or not, this is definitely a great news to hear that Swift has finally taking the beating. I still remember the time when I bought my car - there was zilch competition - read as Getz CRDi.

Infact If I had to make a choice today, most probably I would have chosen the Figo. Having said that, I am completely happy with the DDiS and am enjoying every drive - what a machine to own !

blorebuddy · 19th November 2010, 09:26

Quote:

Originally Posted by swiftnfurious

Infact If I had to make a choice today, most probably I would have chosen the Figo. Having said that, I am completely happy with the DDiS and am enjoying every drive - what a machine to own !

I have both Figo and Swift. I prefer Swift If I drive, it is a pleasure to drive. Figo is if someone else drives

faithless_1984 · 19th November 2010, 10:45

Quote:

i have not heard about such a huge booking amount. i had paid only 5000 about 3 months back.

Even i paid just 10k as the booking amount and this was last year.
It all depends on the dealer.

18th November 2010, 19:35	#1
P.S.Grewal BHPian Join Date: Dec 2008 Location: Ludhiana Posts: 35 Thanked: 2 Times	Swift DDIS Booking amount reduced Yesterday I got a call from local Maruti Dealer regarding booking of Swift VDI. He said that booking amount has been reduced to Rs 5000/- only in comparison to Rs 50,000/- which was earlier the minimum booking amount . The waiting period is three and half months. Now the question is that why have they done that?. Is the new swift ready to be launched or what. There must be something fishy. Experts advise is solicited.
	() Thanks

18th November 2010, 20:29	#2
abhi413 BHPian Join Date: Mar 2009 Location: Pune Posts: 215 Thanked: 118 Times	New Swift is not coming before mid 2011. But this is a drastic drop in booking price. Maybe because of plenty of other options available nowadays!? But just wait for a couple of days to see if others dealers follow suit!
	() Thanks

18th November 2010, 20:48	#3
quadbike BHPian Join Date: Oct 2010 Location: Trivandrum Posts: 126 Thanked: 47 Times View My Garage	I think so the Figo and new i20 has got a huge chunk of the swift market now. Hyundai is selling 7600+ i20s for the last two months.
	() Thanks

18th November 2010, 21:51	#4
theMAG Distinguished - BHPian Join Date: May 2006 Location: Avon, CT Posts: 7,217 Thanked: 1,807 Times View My Garage	They're feeling the heat from the robust competition this year.
	() Thanks

18th November 2010, 22:00	#5
rjalihal BHPian Join Date: Dec 2008 Location: Bangalore Posts: 713 Thanked: 100 Times	Yes, MUIL feeling the heat. But, this is also a great chance for them to bounce back. After all, this is a tempting deal!
	() Thanks

18th November 2010, 22:21	#6
govigov Senior - BHPian Join Date: Oct 2007 Location: Cochin!!!!! Posts: 1,690 Thanked: 1,092 Times View My Garage	i have not heard about such a huge booking amount. i had paid only 5000 about 3 months back.
	() Thanks

18th November 2010, 22:26	#7
mohandas BHPian Join Date: Feb 2008 Location: Hyderabad Posts: 266 Thanked: 27 Times	^^^ I think we are talking about Swift, not Ritz here. The booking amount of Ritz was always 5k or less. Even sometime back at Hyd, we used to get Ritz DDIS off the shelf.
	() Thanks

18th November 2010, 23:32	#9
wbd8779 BHPian Join Date: Oct 2009 Location: New Delhi Posts: 417 Thanked: 1,036 Times	The booking amount was 5000 only , the inflation is done at the dealers end.
	() Thanks

18th November 2010, 23:49	#10
theguy BHPian Join Date: Mar 2005 Location: chennai Posts: 30 Thanked: 0 Times	My guess is new Swift will be launched only after the waiting period of current Swift gets reduced considerably
	() Thanks

19th November 2010, 07:44	#11
ghodlur Senior - BHPian Join Date: Sep 2009 Location: Thane Posts: 6,006 Thanked: 4,189 Times View My Garage	No matter how much MSIL reduces the booking amount on the Swift, the delivery period is still a major drawback. Probably this is the reason for the market share of swift coming down heavily in the last few months. Countering the fall with reduced booking amount is not the correct solution which MSIL should be looking for. Another drawback of reduced booking amount is lesser interest earned by Maruti till the delivery period, why would they be doing that since till date they used to pocket good amount in interest part only.
	() Thanks

19th November 2010, 08:05	#12
JayD Senior - BHPian Join Date: Jun 2007 Location: Cochin! At last Posts: 3,236 Thanked: 2,568 Times View My Garage	I do not think there was any fixed booking amount as it is. Dealers here were accepting anything from 1000 to 50k as booking amount depending on the customer's wish. So if any dealer was charging a certain amount, I think it was purely their decision.
	() Thanks

19th November 2010, 09:13	#13
swiftnfurious Distinguished - BHPian Join Date: Sep 2009 Location: Chennai Posts: 7,201 Thanked: 9,651 Times	The booking amount has been reduced or not, this is definitely a great news to hear that Swift has finally taking the beating. I still remember the time when I bought my car - there was zilch competition - read as Getz CRDi. Infact If I had to make a choice today, most probably I would have chosen the Figo. Having said that, I am completely happy with the DDiS and am enjoying every drive - what a machine to own !
	() Thanks