Asking price for a 2005 Getz GLS?

etchemkay · 20th February 2007, 11:58

First of all mods, I didn't know which forum this thread belonged to (owning a car / buying a car / what car / tbhp advice ?) .. so feel free to move this to any appropriate location.

Okay, now to my question -
I want to sell my father's 2005 make Getz GLS -
- It has done roughly 15,500 kms till date and is in *very good* condition, except for a minor scratch on the passenger side door.
- Cotton seat covers for all seats
- No music system installed
- No sunfilm installed
- No keyless entry
- It's the golden color (don't know what it is called exactly)

What should be the approximate asking price for such a car?

- EtchEmKay

ravibhat · 20th February 2007, 19:05

According to me you will loose around 30% to 35% of what you have paid for 2005 Getz.

Ex-> You should get around 3.6+lacs if on road price is around 5.3 lacs for Getz after discount. This is what I feel in Bangalore.

Regards,

Ravi.

etchemkay · 20th February 2007, 19:14

Also .. I live in Pune (if that helps in the estimation).

amu1983 · 20th February 2007, 23:01

If it's really well-maintained, assuming 20% per year depreciation, you'd get close to 3.3 lakhs. Selling the car right after 2 years is kinda bad idea. You'll be better off selling it 1-2 years later, if that's possible.

lamborghini · 20th February 2007, 23:07

Saw some ads for a 2005/2006 Hyundai Getz.
All were asking around 3.5L + depending on the variant.
For your version, i guess it will be 3.5L ish.
OT - looking at the values of the cars in the second hand market is making me depressed. Don't want to sell off our cars after using them for 6 years.

esteem_lover · 20th February 2007, 23:44

3.2 - 3.4L is the market price. Again gold is not such a hot colour too.

xinome · 21st February 2007, 00:08

the asking price for the gets gls here at my place is 3.2 lakhs for a mint condition vehivle but it did come with keyless entry and tint it also had a pioneer system installed it had run 12000 km this car was blue

and as said earlier gold aint such a hot color either so i would say apt price for your getz would be 3 exact even though u got it for 5 lakhs - bad deal i know

selling your car after 2 years is always bad - with hatchbacks - EXPERIENCE says it all man

but u would be lucky to get 3.5 for it

best of luck with the sale to keep us updated

viper · 21st February 2007, 10:06

HI,
You should get and expect anything in the 3.75lacs + range if your car is in good condition. Dont go by what dealers say. Try this exercise go to the top 4 dealers asking to buy a Getz GLS, see what they quote you will have your answer. I sold my 2005 Getz GlS last month via an ad in the Times Of India and got a price better than that quoted by the others inspite of the fact it had been through a major accident.

Viper

PS - I think the colour you are referring to is Real Earth which was the same as mine.

etchemkay · 21st February 2007, 11:28

Quote:

Originally Posted by viper

HI,
You should get and expect anything in the 3.75lacs + range if your car is in good condition. Dont go by what dealers say. Try this exercise go to the top 4 dealers asking to buy a Getz GLS, see what they quote you will have your answer. I sold my 2005 Getz GlS last month via an ad in the Times Of India and got a price better than that quoted by the others inspite of the fact it had been through a major accident.

3.5L to 3.75L would be a decent amount to expect, I guess. And I think I will do this exercise. Thanks Viper.

Quote:

Originally Posted by viper

PS - I think the colour you are referring to is Real Earth which was the same as mine.

Ahh .. Right.

Quote:

Originally Posted by amu1983

You'll be better off selling it 1-2 years later, if that's possible.

I could hold off the sale of the car for now .. but, the thing is that noone will be using the car in the meanwhile. I have my own Palio and won't be caught dead driving the Getz (no offense, but the italian mistress is my true love). What kind of a price can I expect 1-2 years down the line ?

mithun · 23rd February 2007, 05:23

Getz is having very poor resale value. So the max that you can expect is 3.25 lakhs. But I'm quite doubtful whether it'll have many takers for a slow moving car like Getz.

gunbir · 23rd February 2007, 09:21

Quote:

Originally Posted by mithun

Getz is having very poor resale value. So the max that you can expect is 3.25 lakhs. But I'm quite doubtful whether it'll have many takers for a slow moving car like Getz.

Try selling a Palio and you will realise the Getz has great resale value

etchemkay · 23rd February 2007, 11:17

Quote:

Originally Posted by gunbir

Try selling a Palio and you will realise the Getz has great resale value

Hehe .. Right. That would really make my day .. Finding out the offer price for my (relatively new) Palio.

My question remains though - What would I get for this Getz 1-2 years down the line ?

ravibhat · 23rd February 2007, 18:33

In 1-2 years down the line you should get at least 3-2.5+ lacs because first 2 years resale price for any car will come down very much and after 10% depreciation I feel.

In TBHP website there is very nice category/thread which explains about
reale value, Resale value highly depends on segment of the car and its popularity in the market!

Here brand name works better than quality/safety!

Regards,

Ravi.

mithun · 25th February 2007, 06:09

Oops....Double Post.

Post Deleted.

mithun · 25th February 2007, 06:11

Quote:

Originally Posted by gunbir

Try selling a Palio and you will realise the Getz has great resale value

Please don't give me a crash course about the resale value about the Palio. Just compare Getz with any similar variant of Swift and you'll realise it !!!

20th February 2007, 11:58	#1
etchemkay BHPian Join Date: Nov 2006 Location: Pune Posts: 160 Thanked: 23 Times	Asking price for a 2005 Getz GLS? First of all mods, I didn't know which forum this thread belonged to (owning a car / buying a car / what car / tbhp advice ?) .. so feel free to move this to any appropriate location. Okay, now to my question - I want to sell my father's 2005 make Getz GLS - - It has done roughly 15,500 kms till date and is in very good condition, except for a minor scratch on the passenger side door. - Cotton seat covers for all seats - No music system installed - No sunfilm installed - No keyless entry - It's the golden color (don't know what it is called exactly) What should be the approximate asking price for such a car? - EtchEmKay
	() Thanks

20th February 2007, 19:05	#2
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,256 Thanked: 37 Times View My Garage	According to me you will loose around 30% to 35% of what you have paid for 2005 Getz. Ex-> You should get around 3.6+lacs if on road price is around 5.3 lacs for Getz after discount. This is what I feel in Bangalore. Regards, Ravi.
	() Thanks

20th February 2007, 19:14	#3
etchemkay BHPian Join Date: Nov 2006 Location: Pune Posts: 160 Thanked: 23 Times	Also .. I live in Pune (if that helps in the estimation).
	() Thanks

20th February 2007, 23:01	#4
amu1983 BHPian Join Date: Feb 2007 Location: Pune Posts: 144 Thanked: 0 Times	If it's really well-maintained, assuming 20% per year depreciation, you'd get close to 3.3 lakhs. Selling the car right after 2 years is kinda bad idea. You'll be better off selling it 1-2 years later, if that's possible.
	() Thanks

20th February 2007, 23:07	#5
lamborghini Distinguished - BHPian Join Date: Apr 2004 Location: Mumbai Posts: 6,141 Thanked: 5,847 Times View My Garage	Saw some ads for a 2005/2006 Hyundai Getz. All were asking around 3.5L + depending on the variant. For your version, i guess it will be 3.5L ish. OT - looking at the values of the cars in the second hand market is making me depressed. Don't want to sell off our cars after using them for 6 years.
	() Thanks

20th February 2007, 23:44	#6
esteem_lover Senior - BHPian Join Date: Jul 2006 Location: Madras/Py Posts: 7,556 Thanked: 507 Times View My Garage	3.2 - 3.4L is the market price. Again gold is not such a hot colour too.
	() Thanks

21st February 2007, 00:08	#7
xinome BHPian Join Date: Feb 2007 Location: I am lost.... Posts: 339 Thanked: Once	3 to be exact the asking price for the gets gls here at my place is 3.2 lakhs for a mint condition vehivle but it did come with keyless entry and tint it also had a pioneer system installed it had run 12000 km this car was blue and as said earlier gold aint such a hot color either so i would say apt price for your getz would be 3 exact even though u got it for 5 lakhs - bad deal i know selling your car after 2 years is always bad - with hatchbacks - EXPERIENCE says it all man but u would be lucky to get 3.5 for it best of luck with the sale to keep us updated
	() Thanks

21st February 2007, 10:06	#8
viper BANNED Join Date: Mar 2005 Location: Mumbai Posts: 1,773 Thanked: 20 Times	HI, You should get and expect anything in the 3.75lacs + range if your car is in good condition. Dont go by what dealers say. Try this exercise go to the top 4 dealers asking to buy a Getz GLS, see what they quote you will have your answer. I sold my 2005 Getz GlS last month via an ad in the Times Of India and got a price better than that quoted by the others inspite of the fact it had been through a major accident. Viper PS - I think the colour you are referring to is Real Earth which was the same as mine.
	() Thanks

23rd February 2007, 05:23	#10
mithun BANNED Join Date: Jan 2006 Location: Cochin Posts: 2,195 Thanked: 268 Times	Getz is having very poor resale value. So the max that you can expect is 3.25 lakhs. But I'm quite doubtful whether it'll have many takers for a slow moving car like Getz.
	() Thanks

23rd February 2007, 18:33	#13
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,256 Thanked: 37 Times View My Garage	In 1-2 years down the line you should get at least 3-2.5+ lacs because first 2 years resale price for any car will come down very much and after 10% depreciation I feel. In TBHP website there is very nice category/thread which explains about reale value, Resale value highly depends on segment of the car and its popularity in the market! Here brand name works better than quality/safety! Regards, Ravi.
	() Thanks

25th February 2007, 06:09	#14
mithun BANNED Join Date: Jan 2006 Location: Cochin Posts: 2,195 Thanked: 268 Times	Oops....Double Post. Post Deleted. Last edited by mithun : 25th February 2007 at 06:12.
	() Thanks