Booking Details of Changan Cars After Price Hike
After announcing a price hike, Master Changan Motors Limited (MCML) has also issued a circular revealing booking details of company’s cars.
In its official notification, MCML stated that the prevailing economic fuss, increase in material cost and volatility of forex, the company has no other option but to trickle-down effect to the customers through price increase.
Here are booking details of Changan Cars:
Terms and conditions:
- New prices will be applicable to all new orders and balance payments collected effective immediately
- All full payments, including allocation, received till 27th Jan ’23 (as per payment instrument date) against already booked PBO’s shall be subjected to promotion and price lock on old prices for all variants as announced on 27th Jan 2013.
- Above point #2 shouldn’t be considered as a precedent and is one-time action from MCML.
- Balance payments, including allocation, received till 27th Jan ’23 (as per payment instrument date) will be subjected to new prices.
- All PBO’s released in systema after 27th Jan 2023 will be eligible for new prices regardless of payment instrument date.
- All corporate, financing or fleet orders where full payments is not yet received shall be subjected to new prices.
- The above prices are provisional, and the prices applicable at the time of delivery shall be final unless secured by “price lock Advantage” policy
- Any impact on prices due to change in government levies, taxes (including FED and CVT), tariff, fiscal policies, import policies, forex, etc. will be on account of customer regardless of Price lock Advantage.
- Non performing partial payment orders of December 2022 or before tentative delivery shall be cancelled and amount refunded after deducting administrative charges as per policy unless full payment on new prices in made by customer by 10th Feb ’23.
- Please refer to the below table for further clarity