Well written Ajmat,
You have covered almost everything, thank you for that note. I would totaly agree to you most of the people don't realise how they are loosing money because of re-sale value, there is a great car which is suffering the decease of 'bad image' and its Fiat Palio.
Last year I booked a Santro XL and was waiting for the delivery, fortunately the dealer delayed the order ( I had paid an advance of 15k) and I happened to see a Fiat palio just 21,000 kms done, fully loaded, single owner. That owner told me u just drive and see, that was the first time I drove a Palio...he told his selling price and I did a quick comparison on what I get from a 4 Lac brand new Santro and nearly 1/3 priced palio.
The next thing I did was to cancel my booking, bought that Palio same day !!!
Yes, I had to spend out a few thousands for servicing etc.....but before I made the deal I kep Rs.10k aside just for maintenance ( I took the price of the car as (seller price)+10k and my car is running cool.
If I sell my car after using 2 years I may loose 20-30k, that it, and I am happy about my decision of buying a used car.
Cheers
RV |