Since MG (Morris Garages) made its debut in the Indian market, the brand has been boasting about residual value. The customer-centric feature is highly recognised in the price-sensitive Indian market. The amount of money retained when the customer sells his vehicle translates to saving during the next purchase. According to research, the new-generation customer on average uses a new vehicle for 3-5 years. The reduced life span with the same owner means that residual value plays an important role during the car buying decision.
MG Hector Plus has 93.7% Residual Value
According to MG, a customer who purchased the MG Hector Plus diesel in October 2020 exchanged his SUV for the MG Gloster. The MG Gloster is the country’s first Autonomous (Level 1) Premium SUV and MG’s flagship car in India. During the exchange, the customer received 93.7% residual value after six months of use. According to the invoice, MG valued the Hector Plus diesel in the Sharp trim with a final trade-in value of 17 lakh. The MG Hector Plus in the Sharp 2.0-litre Diesel engine comes with a sticker price of INR 19.61 lakh ex-showroom.
MG Hector Plus exchanged for MG Gloster
The customer purchased the MG Gloster in the top-spec Savvy trim by paying a difference of INR 25.91 lakh. The value of the BS6 compliant MG Gloster SUV in the twin-turbo 2.0-litre diesel engine and 6-seat Savvy trim is INR 42.91 lakh with taxes and registration. The ex-showroom price of the MG Gloster SUV in the top-of-the-line Savvy trim is INR 36.88 lakh.
MG Gloster Savvy 2.0 Twin Turbo – Technical Specifications
Powering the MG Gloster is a 2.0-litre four-cylinder Twin-Turbocharged diesel engine. The engine produces 218 PS of power and 480 Nm of torque. The motor comes with a 4×4 driveline on the top-spec Savvy trim. The Gloster comes with 8-Speed Automatic transmission with Electronic Gear Shift. The Gloster measures 4985mm in length, 1926mm in width, 1867mm in height and 2950mm wheelbase. To put things into perspective, the Hector Plus measures 4720mm in length, 1835mm in width, 1760mm in height and 2750mm of the wheelbase.
MG Gloster Savvy 2.0 Twin Turbo – Top Features
The MG Gloster in the Savvy trim comes fully loaded with features such as Level 1 Autonomous Driving Technology. The Advanced Driver Assistance System (ADAS) includes Adaptive Cruise Control, Forward Collision Warning and Automatic Emergency Braking. ADAS also includes Lane Departure Warning and Automatic Parking Assist. The SUV also comes with 12.3-inch touchscreen infotainment with 70 connected car features. The car also gets Shortpedia App, 3D maps from MapMyIndia, Apple Watch Connectivity, Gaana app with Voice Control etc.
MG Gloster Savvy 2.0 Twin Turbo – Safety
The MG Gloster comes with Dual Front, Side, & Full-Length Curtain Airbags as standard on all models. Along with this, MG also offers Electronic Stability Program, Traction Control System, Roll Movement Intervention, Hill Descent Control, Hill Hold Control as standard. Also part of the standard offering is Anti-Lock Braking System (ABS) with Electronic Brakeforce Distribution (EBD), Brake Assist, and disc brakes on all four wheels. Safety features also include Driver Fatigue Reminder System, Reverse Parking Camera, Electric Parking Brake with Auto hold, Critical Tyre Pressure Voice Alert, and ISOFIX seats.