Go Back   Team-BHP > BHP India > What Car? > Hatchbacks


Reply
 
Thread Tools Search this Thread
Old 18th June 2009, 11:10   #1
BHPian
 
Join Date: Aug 2006
Location: Mumbai
Posts: 389
Thanked: 128 Times
Default Advice on getting a better deal - i10

Hi Folks

Need your advice on whether i can get a better deal. I am planning to buy a i10-Magna. the dealer i am in talks with is Modi Hyundai, Thane. He has offered me the following deal

On Road Price (For Mumbai) - 4,66,505
Cash Discount - 20,000
Corporate Disc - 4,000
Accessories - Mud flaps and floor mats.

They are saying this is the best available. Do you think i can get a better deal.
jinu_joseph is offline   Reply With Quote
Old 18th June 2009, 16:34   #2
BHPian
 
Join Date: Aug 2006
Location: Mumbai
Posts: 389
Thanked: 128 Times
Default

Anybody.. any advice
jinu_joseph is offline   Reply With Quote
Old 18th June 2009, 16:40   #3
Team-BHP Support
 
Vid6639's Avatar
 
Join Date: Jul 2006
Location: Bangalore
Posts: 14,464
Thanked: 19,350 Times
Default

I just read some free insurance for 1st year on i10 apart from discount.
Vid6639 is offline   Reply With Quote
Old 18th June 2009, 16:50   #4
Distinguished - BHPian
 
Technocrat's Avatar
 
Join Date: Feb 2004
Location: Mid West
Posts: 14,896
Thanked: 2,477 Times
Default

You can haggles for more accessories like seat covers, spoiler, stereo, central locking etc(ofcourse not all of them )

My cousin bought the 1.2 Magna twomonths back & he got following free accessories.
- Spoiler
- Seat Covers
- Matting & mud flaps
- Centra locking with remote

He too got some 4k discount plus free insurance.
Technocrat is offline   Reply With Quote
Old 18th June 2009, 16:54   #5
Senior - BHPian
 
pulsar56's Avatar
 
Join Date: Oct 2008
Location: Singapore
Posts: 1,173
Thanked: 319 Times
Default

Check out this thread:
http://www.team-bhp.com/forum/test-d...omes-home.html

Should inspire you on how to squeeze out freebies from the dealer!
pulsar56 is offline   Reply With Quote
Old 18th June 2009, 18:56   #6
BHPian
 
Join Date: Aug 2006
Location: Mumbai
Posts: 389
Thanked: 128 Times
Default

Thanks for the inputs guys.. I will ask for more accessories Lets see how it goes.
jinu_joseph is offline   Reply With Quote
Old 21st June 2009, 22:12   #7
BHPian
 
Join Date: Nov 2007
Location: mumbai
Posts: 448
Thanked: 32 Times
Default

Quote:
Originally Posted by jinu_joseph View Post
Hi Folks

Need your advice on whether i can get a better deal. I am planning to buy a i10-Magna. the dealer i am in talks with is Modi Hyundai, Thane. He has offered me the following deal

On Road Price (For Mumbai) - 4,66,505
Cash Discount - 20,000
Corporate Disc - 4,000
Accessories - Mud flaps and floor mats.

They are saying this is the best available. Do you think i can get a better deal.
Try Sharayu motors Jogeswari you will get the best offer. I have got for my Getz which no one had offered.

kiran
kiren is offline   Reply With Quote
Old 10th July 2009, 18:25   #8
BHPian
 
rohitv122's Avatar
 
Join Date: Apr 2007
Location: bangalore
Posts: 22
Thanked: 0 Times
Default

I see that you have a similar deal that was offered to me by the Trident Hyundai at bangalore for the i10 Magna

On Road Price (For Bangalore) N M - 465,893
On Road Price (For Bangalore) Met- 469,947
Free insurance - 13,854 for N M
Free insurance - 13,968 for Met
Corporate Disc - 4,000
Accessories - Mud flaps and floor mats.
Plus - Hyundai's Autocop worth 3,000.

Let me tell you something, the sales guy at my place has been a friend who informed me that the margins that they keep for now is just 2,000 for an 110, but make money during the service period.
rohitv122 is offline   Reply With Quote
Old 12th July 2009, 00:15   #9
sb1
Newbie
 
Join Date: Jul 2009
Location: Kolkata
Posts: 22
Thanked: Once
Default

I have been trying to buy a i10 Magna/sport from the last month.I had got some gr8 discounts in the month of May to the range of 29 K cash , plus accessories like matting, mud flap, taflon coating , antirust underbody paint , keyless entry with engine immobilizer , art leather seat cover.

But now when I have decided to get one, all the dealers have informed me that Hyundai has put strict norms to standardize the discounts the dealers offer , to create a level playing ground for all dealers.So dealers are merely offering cash discounts of 1st year insurance + 4k corp discount + Third year warrantly, thats it.

I think you will face some challanges to get a good deal , the best that you can do is to check out all the dealers in your city and broker best deal out of them. There will be one who will surely offer a little extra... All the best.
sb1 is offline   Reply With Quote
Old 12th July 2009, 23:31   #10
BHPian
 
loving_alaap's Avatar
 
Join Date: Sep 2007
Location: Ahmedabad
Posts: 808
Thanked: 9 Times
Default

Quote:
Originally Posted by rohitv122 View Post

Let me tell you something, the sales guy at my place has been a friend who informed me that the margins that they keep for now is just 2,000 for an 110, but make money during the service period.
Only 2000 rs margin on i10 for a dealer!!!!

I dont think so.

Mods or experts can better comment on this.
loving_alaap is offline   Reply With Quote
Old 13th July 2009, 19:19   #11
BHPian
 
shuvadips's Avatar
 
Join Date: Jul 2008
Location: Bangalore
Posts: 120
Thanked: 3 Times
Default

In Bangalore a salesman in Advaith and Trident Hyundai gets Rs 800 to Rs 1000 selling 1 car, so the margins cannot be so less.

Also say a big dealer sells 50 cars a day that means that if the margin is only 2k the onwers profit is 1,00,000(1 lakh). This would be too less for him to maintain his business.
shuvadips is offline   Reply With Quote
Old 15th July 2009, 02:31   #12
BHPian
 
rohitv122's Avatar
 
Join Date: Apr 2007
Location: bangalore
Posts: 22
Thanked: 0 Times
Default

This is where the question arises to everyone is'nt it. Only 2000 Rs (The i10 Sale Margin).
As per my friend at Hyundai the Money margin is not during the sales, but the A.S.S.
rohitv122 is offline   Reply With Quote
Old 15th July 2009, 03:25   #13
Team-BHP Support
 
Rehaan's Avatar
 
Join Date: Feb 2004
Location: Bombay
Posts: 22,364
Thanked: 22,566 Times
Default

Quote:
Originally Posted by rohitv122 View Post
....Only 2000 Rs (The i10 Sale Margin)....
Hah. No way.

Heres a nice thread which will give you an idea of dealer margins (atleast back in 2004) in a nice spreadsheet format

http://www.team-bhp.com/forum/indian...ake-money.html (GM cars, price details, & How do dealers make money?)

cya
R
Rehaan is offline   Reply With Quote
Old 15th July 2009, 07:25   #14
BHPian
 
sanagg1's Avatar
 
Join Date: Apr 2009
Location: HIMALYAS
Posts: 274
Thanked: 2 Times
Default

Nice bit of information. Can we expect some update on the figures mentioned in the sheet. This can give us a fair amount of idea to the magnitude of bargain
cheers
sanagg1 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
Good deal or Bad deal?? dr chill Tyre & Alloy wheel Section 0 27th April 2006 20:45
Got 15"alloys and tyres,good deal or bad deal? .anshuman Tyre & Alloy wheel Section 10 4th April 2006 12:58


All times are GMT +5.5. The time now is 14:18.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks