Understanding Waiting Periods for Hyundai Verna 2020 and Creta 2020
The Hyundai Verna 2020 and Creta 2020 models have different waiting periods based on various factors, including the variant specifics and the influence of external events. Here's a detailed look at the waiting periods you might face when purchasing either of these models.
Hyundai Verna 2020
Base Variants: According to my recent inquires, there is no waiting period for the base variant of the Hyundai Verna 2020. Dealers are keeping stocks and can provide the vehicle within a day. However, some showrooms have reported difficulty in taking bookings for the base variant, partly because they are trying to sell the costlier SX variant instead. This strategy is a result of Hyundai's anticipation of price increases announced on October 6th. There has also been an introduction of the E variant for petrol models, alongside other new variants in different models.
Post-Price Increase
Given the recent price increases, it's interesting to note that manufacturers may adjust production schedules. There could be changes in production and delivery times, especially as the market adapts to the new prices.
Hyundai Creta 2020
The situation with the Hyundai Creta 2020 is quite different. The base variant waiting periods have been significantly impacted by various factors.
Base Variants
The base variant, when available, may come with a notable waiting period. Dealers maintain that only the EX variant in petrol and the E variant in diesel have limited production at present. Citing reasons related to the slowdown caused by the COVID-19 pandemic, dealers are quoting a waiting period of up to one year for the base variant. This high wait time is often driven by the dealers' interest in higher margins from mid and top variants. If you genuinely need the base variant and have access to political influence or other references, you might be able to expedite the process. Otherwise, you should expect to wait until early January 2021 for a reduced wait period.
Mid Variants
The mid-range variants (S and SX) are available with a waiting period ranging from 4 to 10 weeks. The demand for colors like white affects the waiting period, with white models requiring roughly 4-8 weeks. Other colors may take a bit longer. Dealers are aligning with consumer preferences to fulfill orders efficiently.
Top Variants
The top variants (S XO Turbo) are available more quickly, with a maximum waiting period of 4 weeks. Some showrooms have unsold stocks of these variants, allowing them to provide them within 2-4 days. Due to the lower selling rate of top variants and the higher profit margins associated with them, dealers prioritize their delivery, ensuring the vehicle is provided as soon as possible.
Factors Affecting Waiting Periods
Waiting periods can be influenced by various factors, including:
Production Restrictions: The slowdown caused by the pandemic can limit production. Market Demand: Colors and variants with higher demand can lead to longer waiting periods. Sales Strategies: Dealers may upsell to more profitable variants to maximize margins. Price Increases: Anticipation of future price hikes can impact current supply strategies. Political Influence: Access to networks and connections may expedite the delivery process.Understanding these factors and the specific circumstances of each model will help you better prepare for the waiting periods and make informed decisions about your purchase.
Conclusion
The waiting periods for the Hyundai Verna 2020 and Creta 2020 can vary widely based on the specific variant, the regional dealers, and the overall market conditions. For a quicker delivery, it's important to consider the factors influencing these periods and to plan accordingly. Whether you're opting for the base, mid, or top variant, being aware of the waiting periods will help you manage your expectations and make the best choice for your needs.