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Mahindra XUV700 breaks records, bookings cross 1.5 lakhs milestone

By Priyanka Verma 
Updated Date

New Delhi: Booking of Mahindra XUV700 has set a new record. According to reports, bookings for Mahindra XUV700 have crossed the 1.5 lakh mark since launch. Despite the very long waiting period, the bookings for the XUV700 are seeing a huge increase. The XUV700 is such a craze among the people that even though 1 lakh customers are waiting for delivery, the sales are increasing continuously.

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XUV700 has the longest waiting period in India. Select variants have a waiting period of more than 2 years. The XUV700 is the best selling car in the country in the mid-size segment. It has outperformed SUVs like MG Hector, Tata Harrier and Tata Safari. Announcing the crossing of 1.5 lakh bookings mark, the company said via a social media post, “A milestone that marks our excellence. Here’s to crossing 1.5 Lakh bookings. We are grateful to all our customers for this overwhelming response.”

50 thousand bookings in just three hours

Mahindra launched the new XUV700 in August 2021. The company started its booking from 7 October 2021. Within the first hour of booking, the first 25,000 bookings for the XUV700 were done. On the next day, the next 25,000 bookings were done in just two hours. Thus, in just three hours, the XUV700 got 50,000 bookings. It was being speculated that demand would decline over time, but it did not happen.

Most Popular SUV in the Segment

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Ever since the launch of the XUV700, the demand has continued to increase. Mahindra XUV700 has the highest bookings despite having a waiting period of two years on select variants. No other car in this segment gets so many bookings. There are 8,000 to 10,000 bookings for Mahindra XUV700 every month. All these customers know that there will be a very long wait for delivery, but still there is no shortage in booking.

XUV700 Engine and Price

The company has delivered 41,846 units till June 2022. At the same time, more than 1 lakh customers are waiting for delivery. Mahindra XUV700 is the first car in this segment, in which ADAS has been given. This SUV comes with 2.0L turbo petrol engine and 2.2L diesel engine. It gets 6 speed manual and 6 speed torque converter automatic gearbox options. The starting ex-showroom price of XUV700 is Rs 13.28 lakh.

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