Have finalised the car at 7.4L Corolla H1 2006 December reg:2007 Feb. Shall take delivery today..
The following thread helped a lot as well:
http://www.team-bhp.com/forum/indian...-mistakes.html (Buying a Second Hand Car - Learn from my mistakes!!!)
1. In my search saw few other better priced used corollas before (mostly 2004/5 model), they were not in good condition in comparision to this one. Dealers were avoiding service history/details. Was shocked to see a damaged '2004 Optra 1.8LT 18000km' being repaired before sale which made me very cautious. Further I was concerned of altered kilometer reading.
2. Most of the ones we saw were Thane/Vashi registered (cheaper as reg outside Mumbai octroi limits) whereas I wanted only Mumbai registered & first user car.
3. Car came with service history, no dents (few scratches though) & good interiors.
4. Car has another 1.5 yrs of warranty remaining + 1 free service.
5. The middleman is a vehicle consultant to corporates and not a regular used car dealer. Felt genuine in the dealings.
Lastly my family is very happy with this Corolla & particularly champagne colour.
Self financed as the interest rates for used car were quoted at 16.5% (ICICI) & 15.5% (HDFC).
What a journey, I had booked Dzire (later cancelled) and had never thought then that this would be my next car.
Quote:
Originally Posted by kaush666  U could go a bit higher on a budget and get a brand new honda city vtec though...but if you're dead right on a used car then the corolla fares better over all the three...try bargaining harder and reduce it to about 7.2 / 7.3 lacs....even that is way too high for a 2006 h1 though...correct me if i am wrong |
I considered Honda city but IMHO its not Value for Money further it's commonly owned sedan in my complex. I prefer used car for ones above 10L range due to the quantum of price depreciation in first 1-2yrs.
Here are few pics to share: