How is the resale value of Mahindra XUV 500?
By: Dipender on 29 may 2014
Mahindra XUV 500 is in market since few years and has captured the market very fast from the day one of launch of it. The current ex showroom price of the same ranges at around 12 Lakhs to 15 Lakhs depending upon the variant. As it is a highly reliable vehicle with great performance. There are no much used XUV 500 available in the used car segment. However considering the onroad price. demand, reliability of the vehicle and lot other parameters, you can expect a very good resale value for the same.
I agree with you Sir. Resale value of any car will reduce to 20%, immediately after taken the delivery from the Showroom. So, the concept should be, you enjoy the car as long as you are owning, and be prepared to loose some money, once, you decided to sell.
Mahindra XUV500 is the cheap stunning looking SUV from Mahindra. This car is build with heavy pillars and chassis design which makes this car to run for decade i.e. 10 years easily. Performance and fuel economy numbers are very good and acceptable with this much price tag. According to me you will easily find customers for this car when you plan to sell it, which means you can buy this car use for couple of years and sell with good resale value.
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