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Originally Posted by iceman7 Small Clarification - What I meant by the bare bone Cruze LT is the entry level model for the Cruze. I agree that the Cruze LT is nowhere near bare bone. I stand corrected. |
Pretty confusing comment there. Base model of Cruze is LT. Top-end is LTZ which comes both in Manual and AT
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Originally Posted by kch82 Cons:
- No real "upgrades" besides the engine
- Though the engine is more refined, but it now seems to lack the "rush". I noticed that when I was trying to overtake a Honda City and lost at the last second due to the absence of the burst of power.In short the Cruze looks more calm and stable now.
- The minimum GM could have done was given a colored touch screen multimedia system with blue tooth connectivity to justify some of the price hike. |
That's a sad update that you feel nothing much has improved except the engine. After reading the list of equipment for LT ( Base Model), It seems to be they have moved all features of LTZ on to LT thereby making it redundant.
Except Leather seats and Sunroof, there is nothing much to talk about in LTZ for the nearly 2 lakhs additional you pay for it.
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Originally Posted by kch82 Bottom line: The new Cruze does not justify the price hike from any angle. It now costs 18.25 L on road - Delhi. Also there are also talks of the Real - New Cruze to be launched next year. The present one just seems to be going through mid life crisis and hence the so called "upgrades". |
I partly agree with you. I still feel that LT is tremendous value for money for the amount of features ( exterior, interior and safety equipment) it flaunts. LTZ Manual and AT now seem incredously priced.
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Originally Posted by Torquedo The comparison on the pricing should be between the pricing on the Cruze on the 26th and 27th of July 2012. |
You mean 2011. Dont you?
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Originally Posted by Torquedo More to the rationale, the launch pricing in always on the lower side to woo in customers to the showroom to seal the deal and once the product is a HIT they companies usually jack up the prices, look at how Mahindra has been be-fooling people, jacking up prices, phased launch of the XUV 500 across the nation (nation wide bookings have now been opened thanks to the impending Duster launch), smart A$$es they have up there in Mahindra, I must admit !! |
I agree on your rationale to some extent. However, Cruze has gone through 2 price revisions since its launch. Once last year when they launched some upgrades to cosmetic features and hiked the price by almost a lakh and now the new engine upgrade made it 1 lakh + more dearer and this is when the sales chart in D1 is on a decline stage for almost all manafacturers.
I think the pricing of LT is decently priced ( Should have been offer at 50K lower) but, LTZ now looks beyond reach for many and when you moved to that price segment people then start looking at cars a segment higher (taking your example of someone should buy a Cruze when considering a Vento)
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Originally Posted by Torquedo The Civics, the Altis, the Laura, the ...., prices on all these vehicles have risen over the years with NO substantial improvements on the mechanical aspect if things, heck with the 166 PS Cruze available for 15L OTR (Gurgaon) who the hell will go for a 88 PS Corolla for the same price. |
Civic and Altis stick out like a sore thumb. One with spartan features and other with hatch back power on tap. But, you still have customers for them so manafactuers arent complaining ( maybe civic manafactures arent too happy which is now absolutely at an EOL)
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Originally Posted by Torquedo GTO has initiated a thread on the diminishing value of D1 segment, the reason behind the D1 segment losing out to me is, rising prices with NO substantial gain in either features or an engine upgrade. |
I saw that thread but, didnt get the time to respond there. In my view from C-segment onwards the depreciation/diminishing value starts at comparable percentages but, due to price the difference seems enormous in D1 segment.
I would go further and say that as you go higher up segments like E, F or whatever is final segment including luxury/exotic cars. As you go higher up, the diminishing value percentage increases.
Let me take a rough example of cars at an average 4 years ownership period
Accent CRDi
Buy : 7.50 Lakhs
Sell : 4.00 Lakhs
Approx Percentage Fall : 45%
Loss in Cash Value : 3.50 Lakhs
Cruze
Buy : 15 Lakhs
Sell : 8 Lakhs
Approx Percentage Fall : 45%
Loss in Cash Value : 7 Lakhs
Beemer
Buy : 32 Lakhs
Sell : 15 Lakhs
Approx Percentage Fall : 45%
Loss in cash value : 17 Lakhs
As you go upwards the difference in cash lost will keep on increasing....
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Originally Posted by Torquedo There are loads of examples there, the crux of the matter is:
1) The launch price of a vehicle should not be compared to the current pricing. |
Why not? I paid 1.20 lakhs less for same car with cosmetic features added in phase 1. I paid almost 3 lakhs less compared to new Cruze. So do i stand to gain or loss in resale market? What do you think?
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Originally Posted by Torquedo 4) Who in the right mind would buy the Vento HL TDi @ 12L and ignore the Cruze @ 15L, heck the other day, I read someone comparing the Cruze with the Verna on the D1 segment thread, this just left me in raptures, how on this earth can someone compare the Cruze with the Verna |
I disagree. There is distinctly different markets for both these cars. If it was so easy for people to start thinking in that manner then all vento customers would be now cruze customers.
In reality, every car customer eventually buys a car that is usually higher than his "Final Budget". For example a prospective Vento customer has a budget of 10 Lakhs and he is stretching by almost 2.5 Lakhs to buy the vento itself. So do you think he will stretch a further 4 lakhs to buy the base version of Cruze? I dont think so
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Originally Posted by Torquedo 6) The 2012 Cruze makes the 2012 A4 look hollow on papers & i'm sure even on the roads the A4 cannot justify the 18L price difference. |
Power-wise. Yes. Feel and Brand wise. Cruze cannot be compared to A4. It's in a totally different league.
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Originally Posted by Torquedo All in all the 2012 Cruze LT is sheer VFM Muscle car. |
+1. I drive a Cruze from last 2 years. If given a chance, I will buy the same car again. It's so much fun to drive. According to me, for people who cannot afford real muscle cars like Mustang, Camaro or a Dodger. This is a humble alternative
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Originally Posted by Torquedo PS: I still prefer the older Cruze to the new one, just the love the spike once the turbo kicks in, it is a very good time for someone to lookout for HUGE discounts on the older Cruze and enjoy the beast. |
+1 again for customers who are on really tight budgets.