Mahindra introduces ‘The Stylish New XUV500’ and ‘The New KUV100 NXT’
- The stylish new XUV500 range now has three variants with automatic transmission
- The new KUV100 NXT-base variant available at R134 999 with airbags and ABS
- Attractive finance schemes:
- XUV500 from:R4 999 per month with a Guaranteed Future Value scheme
- KUV100 from: R2 199 per month including first-year vehicle insurance and no deposit
October 10, 2018, Johannesburg: Mahindra South Africa recorded an impressive sales growth of 33% in the first half of its financial year, in a stagnant overall new vehicle market and low overall economic growth. The company now aims to enhance momentum in South Africa with the introduction of The Stylish New XUV500 and The New KUV100 NXT.
Both new models are being introduced with greater value coupled with attractive finance schemes. Both models offer a very affordable entry into the range at R134 999 for the KUV100 NXT and R299 999 for the XUV500.
We view South Africa as a second home for Mahindra outside India. We are keen to nurture our operations in South Africa to support our business into the rest of the continent, especially with our range of locally assembled Pik Up models.”
“We’ve shifted gears in South Africa with the launch of the new Mahindra Pik Up last year. It offers some of the best value-for-money in the market and it has seen rapid growth in sales of the entire model range. Mahindra is now one of the five fastest growing brands in South Africa,” says Arvind Mathew, Chief of International Operations (Auto and Farm Sector – M&M).
“The Stylish New XUV500 and The New KUV100 comes with attractive styling, features, performance, wider range of variants and with attractive finance options that enhances its unparalleled value proposition. The launch of these models is coupled with our new marketing campaign, which is designed around our brand ethos of ‘Always Up For A Challenge’ and which signifies the true partnership with our consumers in every aspect of their lives,” says Rajesh Gupta, CEO of Mahindra South Africa.
The New KUV100 NXT range now starts with the K2+, which is priced attractively at R134 999, and the flagship K8 now offers more specifications such as a 7” touch screen infotainment system. All KUV models offer fresh new styling and refined performance. All models of The New KUV100 NXT are offered with two airbags, ABS brakes and air conditioning as standard.
With The New KUV100 NXT, Mahindra has also introduced easier ways of financing and purchasing a vehicle. Now one can purchase a Mahindra KUV100 NXT K2+ for R2 199 per month including vehicle insurance for the first year and no deposit. In addition, Mahindra, along with its finance partner WesBank, has launched a Graduate Programme on the KUV100 NXT.
Higher up the value spectrum, Mahindra has proven its unmatched value for money with the Stylish New XUV500 with an equally attractive entry price and finance offer.The XUV500 W4 includes many of the most-loved features of the XUV-range, including the foldable seven seat arrangement, the powerful mHawk turbodiesel-engine, air conditioning and electric windows, at an entry-price of R299 999, with a 5-year / 150 000 km warranty and 5-year / 100 000 km service plan.
Mahindra has also introduced a special finance package on this range, which offers the XUV500 W4 at R4 999 per month with a Guaranteed Future Value plan after four years of ownership.
“In these difficult economic conditions, we have looked at every aspect of vehicles ownership to make it a complete offering to the customer. The New KUV100 NXT offers an attractive monthly instalment, free insurance for 12 months and The Stylish New XUV500 offers a guaranteed future value to give complete peace of mind,” says Avinash Bapat, CFO of Mahindra South Africa.
Buyers can now opt for a W6 Automatic model at an entry price of R359 999, while the range-topping W8 has now been superseded by an even more luxurious W10 model with all the luxuries of the W8 and additional specification, such as a sunroof and keyless entry.
The New KUV100 NXT and The Stylish New XUV500 are now available at Mahindra dealers nationwide.