Go Back   Team-BHP > Team-BHP > Team-BHP Advice > On buying a car


Reply
 
Thread Tools Search this Thread
Old 18th February 2008, 12:05   #31
Senior - BHPian
 
nishantgandhi's Avatar
 
Join Date: Jan 2008
Location: Mumbai
Posts: 1,219
Thanked: 149 Times
Default

Quote:
Originally Posted by nightrider View Post
high value cars are very expensive in Hyderabad than mumbai. a 2007 ( Feb) Rider which had done 20,000 km was sold on 15 Feb for 11,00,000 which is a stupid buy. OR shall we say a FANTASTIC sell.
the buyer did not do his homework well.
Maybe you are right. I saw a 3 year old Honda Accord at First Choice Motors going for 10.75 lacs, with 18k on the odo! It was a steal IMHO however I didnt have the dough for that!
nishantgandhi is offline   Reply With Quote
Old 17th February 2009, 21:46   #32
Newbie
 
Join Date: Nov 2007
Location: surat
Posts: 16
Thanked: 0 Times
Default company car

I came across a internal memo of GM stating that they welcome tenders for company used car. Most of the cars are used for just 100Kms(Yes 100Kms) and are made in jan-08 to may-08. Insiders tell that in past most of the cars had gone in range of 3 to 5lacs. (here i am talking of OPTRA MAGNUM DIESEL). Inspection of car is allowed and sell is on AS IS WHER IS basis. Can any body throw some light on this???
avishkar41 is offline   Reply With Quote
Old 18th February 2009, 11:26   #33
GTO
Team-BHP Support
 
GTO's Avatar
 
Join Date: Feb 2004
Location: Bombay
Posts: 43,438
Thanked: 61,576 Times
Default

Quote:
Originally Posted by avishkar41 View Post
Most of the cars are used for just 100Kms(Yes 100Kms) and are made in jan-08 to may-08. Insiders tell that in past most of the cars had gone in range of 3 to 5lacs. (here i am talking of OPTRA MAGNUM DIESEL). Inspection of car is allowed and sell is on AS IS WHER IS basis. Can any body throw some light on this???
Factory seconds. Not bad if there isn't any significant / structural damage to the car. Related discussion here (Factory seconds)
GTO is offline   Reply With Quote
Old 20th February 2009, 12:58   #34
Team-BHP Support
 
bblost's Avatar
 
Join Date: Jul 2007
Location: Hyderabad
Posts: 9,065
Thanked: 5,296 Times
Default

Just a simple calculation I did.

I bought my 2004 Wagon R Vxi with 14500 kms for 3.23 lakhs in Sept 06 from Truevalue.
At that time a new Wagon R Vxi was 4.3 Lakhs on road.
I have driven 22k since.

Today as per carwale.com (Good condition)

06 Wagon R with 22,000 kms -> 2,88,000
04 Wagon R with 37,000 kms -> 2,37,000

So my car has lost 86,000 in depreciation.
If I had bought a new car it would have lost 1,42,000.
bblost is offline   Reply With Quote
Old 27th October 2009, 22:13   #35
mkh
Senior - BHPian
 
Join Date: Oct 2009
Location: Bangalore
Posts: 1,070
Thanked: 102 Times
Default On Used cars or New Cars

Bought used cars so far, diff to search and get but yes the value exists
Best deal on used car- get a less used, same year despo seller- if at all there exists one now with so much info around used cars!!!!
Getting a new one now- want to keep it for 3-4 years and never felt the feeling of getting a new one home...( however was still searching a less used - as typical of me, missed one just today...!!!)
mkh is offline   Reply With Quote
Old 28th October 2009, 08:13   #36
BHPian
 
JackSparrow's Avatar
 
Join Date: Aug 2009
Location: Hyderabad
Posts: 93
Thanked: 0 Times
Default

Is Dec'2008 Toyota Innova G model with 30,000km worth 8.75 Lakhs? It's chauffeur driven, mostly highway miles. How much do you guys think would be a reasonable offer?
JackSparrow is offline   Reply With Quote
Old 28th October 2009, 10:48   #37
mkh
Senior - BHPian
 
Join Date: Oct 2009
Location: Bangalore
Posts: 1,070
Thanked: 102 Times
Default

Quote:
Originally Posted by bblost View Post
Just a simple calculation I did.

I bought my 2004 Wagon R Vxi with 14500 kms for 3.23 lakhs in Sept 06 from Truevalue.
At that time a new Wagon R Vxi was 4.3 Lakhs on road.
I have driven 22k since.

Today as per carwale.com (Good condition)

06 Wagon R with 22,000 kms -> 2,88,000
04 Wagon R with 37,000 kms -> 2,37,000

So my car has lost 86,000 in depreciation.
If I had bought a new car it would have lost 1,42,000.
Going by pure numbers- there is no doubt that works out better with the used car
But how would you put the value of buying,driving and owning a new car?
Also- the car wale value does not account for 2nd ownership which will be 20-30K less also
At the end of the day, what one likes!!!(btw i have always driven used, now going for new- as the joy of new is to be felt 2)
mkh is offline   Reply With Quote
Old 1st December 2009, 01:04   #38
Senior - BHPian
 
navan49's Avatar
 
Join Date: Nov 2009
Location: CHENNAI
Posts: 1,010
Thanked: 68 Times
Default

I got a car in second hand.It was only 14k kms run/Looked very good.Even the drive was nice.I too was happy buying a shining 14K kms car in a cheaper prize.After finishing all the deal.When I came to know thouroughly about the Wagon R I found I did not do a good deal.Later on I came to know it was an accidednt vehicle and was well repaired in a body shop and sold to me.Even the eyes of the Mechanic whom I took also went blind.So beware of second Hands.
navan49 is offline   Reply With Quote
Old 16th April 2010, 12:04   #39
BHPian
 
nick17s's Avatar
 
Join Date: Feb 2010
Location: New Delhi
Posts: 524
Thanked: 84 Times
Default

hi guys,

I was planing to buy a new car, a GM "beat", yes I was planning..
Till yesterday when 1 friend of mine called up and told me that he is selling off his 2001 Manual 2.3 Honda Accord, now the dilemma is, I really liked that car since last 7-8 months, may be because of some cosmetic upgrades like 19" Rims on Goodyear eagle low profile tires, a video cd player attached to the double din hi fidelity music system, hi end leather seat covers, HID's and the best thing it gives an fe of 11km/pl.

Now the dilemma starts, yesterday I took a test drive of his ride and found out, that he has changed the tires and rims to stock (17"), because 19" were touching the body with 6 people on board (he himself weighs 100+kgs, lol), removed HID's, installed a Chinese touch screen DVD player, some dents on the boot, speedometer not working, and some noise from all 4 suspension.

He is asking for 3 lakhs, he is the 2nd owner, and I would be the 3rd.

he is saying that he can give me those 19", HID's, stupid Chinese DVD player removed and get the dents removed except the suspension work.

He is selling of accord because he has recently purchased an E-Class, he owns a 3 series and a Prado too, and he now don't have enough parking space to accommodate this accord. The good thing about the ride is it still gives 11+ fe. Yes I had checked that yesterday.

Now shall I buy a "Beat" or "Accord".

This is a Golden color accord.

Suggestions needed please...........

Last edited by nick17s : 16th April 2010 at 12:11.
nick17s is offline   Reply With Quote
Old 16th April 2010, 13:23   #40
BHPian
 
car-dent's Avatar
 
Join Date: Jan 2010
Location: NOIDA
Posts: 122
Thanked: 17 Times
Default

i would prefer a new beat to a 10 year old accord as the 10 year old accord will be too high on running and maintainance.

Last edited by Technocrat : 16th April 2010 at 13:33. Reason: Please avoid quoting an entire long post specially if its on same page, thanks
car-dent is online now   Reply With Quote
Old 16th April 2010, 13:44   #41
BHPian
 
nick17s's Avatar
 
Join Date: Feb 2010
Location: New Delhi
Posts: 524
Thanked: 84 Times
Default

@cardent - hmm, well, I thought of same, but i can install a cng system in an accord, still confused.
nick17s is offline   Reply With Quote
Old 16th April 2010, 17:22   #42
BHPian
 
ishlinea7260's Avatar
 
Join Date: Nov 2009
Location: Ambala
Posts: 293
Thanked: 243 Times
Default

go for the beat, not only does it give good efficiency but with chevrolet's promise, you would be tension free.
As far as accord is concerned covering that suspension work may burn a big hole in your pocket and increase the overall price of purchase.
ishlinea7260 is offline   Reply With Quote
Old 18th September 2010, 01:13   #43
Newbie
 
shadow_bhp's Avatar
 
Join Date: Sep 2008
Location: Bangalore
Posts: 4
Thanked: 0 Times
Default

would you guys recommend buying from Mahindra First Choice or Maruti True Value solutions, as they offer one year warranty and sell the car fully re-furbished like new. Although the price would be 25-35K above the correct price, but there would be some "peace-of-mind" knowing that your car wont break down in the middle of the night on the highway while you are on a weekend trip.

What do you say guys?
shadow_bhp is offline   Reply With Quote
Old 3rd January 2011, 11:38   #44
BHPian
 
Join Date: Apr 2009
Location: Cochin
Posts: 32
Thanked: 4 Times
Default Re: ARTICLE: Buying a New Car vs Used Car

Good discussion and worth reading.
Sajuanchorage is offline   Reply With Quote
Old 27th January 2011, 13:04   #45
BHPian
 
Join Date: Dec 2010
Location: Chennai,Bangalo
Posts: 402
Thanked: 194 Times
Default Re: ARTICLE: Buying a New Car vs Used Car

PROS


ē Certified pre-owned cars: Certain authorized dealerships now offer certified pre-owned cars. While these cars carry a premium on their price tags, they are put through an exhaustive inspection and change of parts to ensure a near-new car experience. Some certified pre-owned cars are also cosmetically improved by the dealer.


Good work GTO
but just wanted to share an incident my friend had purchased a Alto from a Maruti TRU Value (Cochin) and after doing some 20K kms found a fault in the a/c as the gas was leaking out and when we went to RNS we came to know that the fitted duct was not a genuine one (so much for the Truvalue stuff)

Howwever the cost was returned and upon complaint to the management and my friend did not bother to pursue further. IMHO we need to check even minute details thoroughly before purchasing a pre owned car.

rgds
DP
Dieseldunk is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
ARTICLE: How to buy a *USED* Car in India adya33 On buying a car 751 23rd September 2016 11:36
ARTICLE: Buying a New car with an Older manufacturing date ajmat On buying a car 150 31st August 2016 16:22
BMW Maintenance Packages - Buying New BMW Cheaper Than Buying Used? smartcat The Indian Car Scene 67 31st August 2015 20:31


All times are GMT +5.5. The time now is 15:46.

Copyright ©2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks