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How will be the impact of prices of used Maruti 800 / Alto / WagonR etc. as the international giants have introduced cheaper SUVs this year in AutoExpo 2010?

By Srinivasan Mani on Jan 12, 2010

Answers

  • Not sure what you mean by that questions. Each segments has its own demand and buyers..An Alto costs less than 3 lakhs and a cheapest SUV will cost not less than 13 lakh..there is huge price difference there..I don't think there is going to be any impact from buyers below 6 lakh in India
    Answer by Asif Alam on Jan 13, 2010

  • Hi,
    I'm not sure how the prices for Alto or WagonR will change based on the launch of the cheaper SUVs this year - they are in different segments but yes - the price is expected to drop for Maruti Alto and WagonR based on some new released in the last couple of days.
    Regarding the cheapest SUV being proposed (not yet launched in India) is Rio from Premier Automobiles.
    For more info, you can read at the following link:
    http://business.rediff.com/report/2009/oct/08/auto-the-cheapest-suv-from-premier-auto-at-rs-5-lakh.htm.
    So I would disagree on the fact that the cheapest SUV is not less than 13 lakhs (Mahindra Scorpio costs less than 13 Lakhs).
    Answer by Anshuman on Jan 13, 2010

  • Expert Hi,
    Maruti 800,Wagon R etc are hatchbacks. The direct comparision between new SUV and used hatchback is quite difficult.
    People prefering used hatchbacks will certainly go for the cars like Maruti 800, or Santro etc etc.
    However as a general rule used car price will come down with availbility of updated features cars at cheaper price.
    Answer by Shiva Shankar on Jan 13, 2010

  • Thanks for all your answers. It was wrongly mentioned as SUV instead of hatchback. I was mentioning about the hatchback versions released recently in the AutoExpo 2010 by many Indian & International companies with a price band of 2.59 lacs to 3.5 lacs. Hope this clarifies your doubt.
    Answer by Srinivasan Mani on Jan 18, 2010

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