Car review: Entry-level sedan costs less, but stays true to BMW DNA
How do you get people
to buy your car when excise duties and high pricing render the retail cost much
higher than what it would otherwise sell for? One way is to launch entry-level
cars that start at the bottom of the price scale, and hope customers will keep
trading up. That's something that BMW has tinkered with in the past as well.
In 2010, it launched
its Corporate Edition 3 Series for some Rs 24 lakh, which was around Rs 10 lakh
cheaper than the regular 3 Series. But the catch was that it came without bells
and whistles and led some to question whether the car-maker had gone too far
with the decontenting blade. After all, at the time a customer could have
easily opted for cars such as the Skoda Superb, which were larger, roomier, had
more features and were priced similarly.
But the Bavarian
car-maker was betting on the allure of its badge. The gambit worked and the
cars sold out. They were later discontinued. Read More
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