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Old 21st April 2007, 12:46   #61 (permalink)
tsk1979
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Join Date: Feb 2005
Location: Noida, New Delhi
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Quote:
Originally Posted by GeekSrik View Post
tsk

my mistake, i shouldve made it more clearer, sorry about that. budget - 6 lacs, not one paisa more, the lower the merrier. the second part, its either swift D or old NHCs mentioned above (particularly option 2 in my earlier posts) - i dont have anything else in mind.
Ok so two cars in your list,
that easier.
My advice? A newer car is better than old
Reasons
1. Lower interest rate. Interest rates are shooting up to 15%, and for old cars they are more. If you are doing downpayment, its a different story, but on loan a 6 lakh second hand car will cost you same as 7 lakh new car. Keep that in mind.
2. Warranty support, and the knowledge that the car is new. Free services etc., The outflow can be high if you drive a lot. Around 40K kms lot of parts are changed in most cars which mean New Belts, new bearings, etc., etc., 40K service can cost 10K+ keep all this in mind.
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