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Mahindra XUV700 hits the used car market: Rs. 1 lakh pricier than a new one

Mahindra XUV700 customers have started receiving deliveries of the vehicle. While most customers are enjoying the ownership of the all-new vehicle, there are others who have started selling the all-new XUV700 in the used car market. This is the first instance of the all-new Mahindra XUV700 selling in the used car market.

Mahindra XUV700 hits the used car market: Rs. 1 lakh pricier than a new one

The car is being sold by The Car Mall in Agra, Uttar Pradesh. The asking price of the vehicle is Rs 25.75 lakh as per the used car dealer. The car is in almost brand-new condition. It gets a silver body colour and is only a month old. According to the information, this vehicle has completed only 600 km according to the odometer. It is the petrol-automatic version of the car and is the top-end AX7 variant with Luxury Pack.

According to the dealership, the owner is selling the car as the space inside the vehicle is less for the family of seven so the owner has got the Fortuner.

Mahindra XUV700 hits the used car market: Rs. 1 lakh pricier than a new one

A common move for high-demand vehicles

Mahindra XUV700 hits the used car market: Rs. 1 lakh pricier than a new one

Many early customers who receive the delivery of the car of the vehicles with a long waiting period choose to sell the car and make financial gains. In the past, we have seen this trend with many other cars and even the Mahindra Thar was sold at a premium price due to the high demand and less supply.

Now Mahindra is taking steps to counter the long waiting period by introducing new variants that will have fewer features and hence, will use a fewer number of semiconductors. The global shortage of semiconductors has triggered production cuts among many manufacturers including Maruti Suzuki.

Mahindra and Mahindra has already removed the wireless phone charging system from the XUV700. The top-end variant, which also offers features like ADAS comes with about 170 chips to control the systems. The delivery of the XUV700 commenced last month and Mahindra will start delivering the diesel variants soon. The brand plans to deliver as many as 14,000 units of the XUV700 by 14th January 2022.

Currently, the manufacturer has over 1.6 lakh pending orders and the production of 32,000 units were lost in September due to the chip shortage. Mahindra also started delivering the all-new Thar without the infotainment units.

Mahindra XUV700 AX7 Luxury Pack

It is the top-end variant of the car with a long list of features. The vehicle also comes with an ADAS or Advanced Driver Assistance System that will offer features like an automatic braking system, adaptive cruise control and even driver drowsiness alerts. The XUV700 also gets over 60 connected features that will allow the owners to control the features of the vehicle from anywhere in the world.

The all-new Mahindra XUV700 with 2.2-litre mHawk diesel and the 2.0-litre mStallion petrol engine. It is quick and can do 0-60 in just 5 seconds. Mahindra offers three driving modes with the all-new XUV700 that will change the behaviour of the engine. Mahindra has not revealed the official power and torque figures of the all-new XUV700.

The petrol engine generates a maximum power of 200 PS and a peak torque of 380 Nm. While the diesel mHawk generates a maximum of 155 PS and peak torque of 360 Nm. Mahindra has not revealed the transmission options as of now.