Mahindra to offer vehicles on lease for up to ₹ 32,999/month, Electronics & Gadgets : Today Indya

Mahindra to offer vehicles on lease for up to ₹ 32,999/month

Electronics & Gadgets

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Under the Mahindra leasing scheme, vehicles will be available at a starting price of ₹ 13,499 per month for a KUV 1OO going up to ₹ 32,999 per month for an XUV5OO

Mahindra to offer vehicles on lease for up to ₹ 32,999/month

New Delhi: In a bid to make its vehicles more affordable for customers, Mahindraa and Mahindra Ltd—the country’s third largest car maker—on Wednesday announced a vehicle leasing scheme in which a customer can take any one of the company’s passenger vehicles for a certain period by paying a fixed monthly instalment at the end of the month.

According to the company, the vehicle-leasing scheme will provide more convenience to customers since there will be no down payment that a customer has to make and the vehicle will be given back to the company at the end of the lease. Also, the monthly instalment, which ranges from ₹ 13,499 to ₹ 32,999 depending on the model, includes service and maintenance costs, insurance, on -road assistance, repairs and 24-hour replacement vehicle service.

Customers can easily upgrade to new models as and when they deem fit.

According a press release, Mahindra has partnered with service companies like Orix and ALD Automotive for this vehicle-leasing scheme. The leased vehicle will be available for periods of up to five years depending on the city and model selected.

“We are happy to introduce this unique leasing offering for our retail customers in association with Orix and ALD Automotive. Our lease offering for retail buyers aligns with our larger vision of transforming the face of mobility in India, disruption being at the very core,” said Veejay Ram Nakra, chief of sales and marketing, automotive division, M&M.

Mahindra will make available all its offerings, including the recently launched Marazzo, in the leasing scheme. The scheme will be available for customers in Delhi, Mumbai, Bengaluru, Hyderabad, Pune and Ahmedabad and later extended to 19 more cities.

“Our leasing model is a category creating product offering, a “no-worry” experience for customers who prefer convenience over ownership. It aims to bring a new class of customers, including professionals, small businessmen and millennials, into the Mahindra car experience who were waiting on the sidelines,” said V.S. Parthasarathy, group chief financial officer at Mahindra and Mahindra.

Article Original Source : https://www.livemint.com/Auto/pE6zzMOOdkd9G5j3C6eKHI/Mahindra-to-offer-vehi...

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Xiaomi Mi Box S With 4K HDR, Android TV Launched, Up for Pre-Orders on Walmart

Electronics & Gadgets

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Taking forward its lean portfolio of products in the US market, Chinese tech giant Xiaomi has unveiled its latest Mi Box S 4K Ultra HD streaming media player in the North American country. Powered by Android 8.1 Oreo-based Android TV, and coupled with a voice-enabled remote control, the new Xiaomi Mi Box S comes with inbuilt Chromecast support and Google Assistant. The 4K-enabled streaming media player is priced at a retail price of $59.99 (roughly Rs. 4,500) and is up for pre-orders on Walmart.com. It will start shipping from November 4 in the US.

The Mi Box S is up for pre-orders in the US in a single Black colour option. This streaming gadget joins the slim Xiaomi US portfolio that previously consists of the Mi Power Bank Pro 10000mAh; a few Mi Headphones; the Mi Bluetooth Speaker; a home security camera, action camera, and Mi Sphere Camera, as well as certain lifestyle products. This is the first time we have seen the Mi TV Box S go official considering it is not listed on Xiaomi's official China website.

Xiaomi Mi Box S specifications

The Xiaomi Mi Box S supports a 4K (2160x4096 pixels) resolution with HDR quality at 60fps, and runs Android 8.1 Oreo out-of-the-box. It is powered by a quad-core 64-bit Cortex A53 CPU, coupled with a Mali-450 GPU, 2GB of DDR3 RAM, and 8GB of eMMC storage. In terms of connectivity, the media player gets dual-band Wi-Fi 802.11ac and Bluetooth v4.2. Ports include 1 USB 2.0 port, 1 power interface, 1 HDMI 2.0a, and 1 audio out.

Other than that, the Xiaomi Mi Box S supports 4K footage at 60fps, and most other major formats including H.265, H.264, VP9, Dolby, DTS, Mp4, JPG, GIF, PNG, TIF, and many more. Dimensions of the Mi Box S are 95.25x95.25x16.7mm and weight is 147 grams. In the box, you get 1 remote control, 1 user manual, 2 batteries, 1 power adapter, and 1 HDMI cable.

Article Original Source : https://gadgets.ndtv.com/tv/news/xiaomi-mi-box-s-price-usd-59-launch-specif...