Go Back   Team-BHP > BHP India > The Indian Car Scene


Reply
 
Thread Tools Search this Thread
Old 15th June 2006, 06:16   #1
BHPian
 
Join Date: May 2006
Location: Bangalore
Posts: 90
Thanked: 0 Times
Exclamation Why So many Ford Ikons for Sale ?

Hi Friends.

Just want to know why there are so many used Ford Icons for sale ? I feel like its flooding the market in Bangalore.

I am looking for zen from past 3 months. I am not getting a good Zen but get details of around 5 Icons a week for sale. I wonder why people are taking it out for sale ? that too Owners are ready to sale as much less as 2.5 lakhs for a 2001 model.

Any special reasons ? Kindly comment.
prakash2757 is offline   Reply With Quote
Old 15th June 2006, 07:08   #2
BHPian
 
ranjan united's Avatar
 
Join Date: Apr 2006
Location: Windsor, Canada... But still a Bombay-Boy at heart !!!
Posts: 409
Thanked: 2 Times
Default

possible reasons:

1. nobody wants a second hand icon (damn, i wouldn't even want a new one)
2. icon owners have had some bad experiences with their vehicles
3. the icon sold in large numbers before and so 2nd hand ones are plenty in number (ya, right )

I'll go for a combo of number 1 & 2.
ranjan united is offline   Reply With Quote
Old 15th June 2006, 07:36   #3
BHPian
 
cheap_deal's Avatar
 
Join Date: Feb 2006
Location: unknown
Posts: 463
Thanked: 2 Times
Default

its Ford IKon right??
yeah even i've seen plenty of iKons for sale.
cheap_deal is offline   Reply With Quote
Old 15th June 2006, 08:07   #4
Senior - BHPian
 
islero's Avatar
 
Join Date: Dec 2004
Location: Chennai
Posts: 1,574
Thanked: 4 Times
Default

Quote:
Originally Posted by ranjan united
possible reasons:

1. nobody wants a second hand icon (damn, i wouldn't even want a new one)
2. icon owners have had some bad experiences with their vehicles
1. Why, why, why, why, WHY?

2. First of all, its Ikon, NOT icon, and second of all, my dad had one for a long time and it ran like a watch.
islero is offline   Reply With Quote
Old 15th June 2006, 08:58   #5
BHPian
 
Minardi's Avatar
 
Join Date: Jan 2005
Location: Mumbai
Posts: 408
Thanked: 13 Times
Default

Actually most cars lose 50% of their value in 3 years time. May be Maruti and Honda take 4 years. So, actually one should get Ikon Flair of 2003 model for 2.5 L since currently they cost around 5 L here in Mumbai.

Also, with Ford, the thinking is that their cars are good to use for 4-5 years and sell off. Not the types to keep for 10-15 years. My Esteem is 11 years old and I don't feel like selling it.

M
Minardi is offline   Reply With Quote
Old 15th June 2006, 09:08   #6
Distinguished - BHPian
 
jkdas's Avatar
 
Join Date: Sep 2005
Location: Thiruvananthapu
Posts: 9,661
Thanked: 1,389 Times
Default

3) Afraid they would stop producing the Ikon too. 1.6 is now available on order only.

Last edited by jkdas : 15th June 2006 at 09:21.
jkdas is offline   Reply With Quote
Old 15th June 2006, 11:10   #7
BHPian
 
four_tire's Avatar
 
Join Date: Apr 2006
Location: Bangalore
Posts: 211
Thanked: 21 Times
Default

Elementary my dear, After ford-fiesta launch , its safer to lose ikon. Many have decided to go in for the new tech vehicle from ford and mostly that exchange offers i guess
four_tire is offline   Reply With Quote
Old 15th June 2006, 12:45   #8
Team-BHP Support
 
tsk1979's Avatar
 
Join Date: Feb 2005
Location: New Delhi
Posts: 22,955
Thanked: 15,648 Times
Default

American cars lose resale value quickly all over the world. Reason is not too hard to find. A honda or toyota will give longer trouble free maintainance. In case of IKon its the fiesta effect. The fiesta is a better vehicle in many respects and represents the future for ford.
In resale value the OHC makes an interesting case study. The NHCs 77 BHP engine ensured that OHC got cult status, and became the de facto car to mod, like the civic in US.
Coming back to topic, people tend to dump old cars when a replacement comes, unless its a Jap car
tsk1979 is offline   Reply With Quote
Old 15th June 2006, 16:29   #9
BHPian
 
Join Date: Mar 2005
Location: goa
Posts: 981
Thanked: 43 Times
Default

Quote:
Originally Posted by islero
1. Why, why, why, why, WHY?

2. First of all, its Ikon, NOT icon, and second of all, my dad had one for a long time and it ran like a watch.
I had a second-hand Ford. True, it did run like a good well-oiled watch, and I loved the car, as did my family, it was roomy and comfortable and looked sharp. But it seemed every time it went to the garage I had a fat bill at the end of it. Parts are expensive, and I found almost every service had left some work undone or half-done, which needed my taking the car back the next day. For me, this was the main reason I did not buy a Ford again.
filcord is offline   Reply With Quote
Old 15th June 2006, 16:41   #10
Distinguished - BHPian
 
supremeBaleno's Avatar
 
Join Date: Dec 2005
Location: Weekdays@Chennai, Weekends@Kerala
Posts: 5,164
Thanked: 1,638 Times
Default

Quote:
Originally Posted by filcord
I had a second-hand Ford. True, it did run like a good well-oiled watch, and I loved the car, as did my family, it was roomy and comfortable and looked sharp. But it seemed every time it went to the garage I had a fat bill at the end of it. Parts are expensive, and I found almost every service had left some work undone or half-done, which needed my taking the car back the next day. For me, this was the main reason I did not buy a Ford again.
My friends also mentioned the same for their 1st-hand Ikons.
One of them is in free service period and the service bill comes near 2500/-.
The other is >2 years old and the service bills are 5K odd.
supremeBaleno is offline   Reply With Quote
Old 15th June 2006, 17:13   #11
Team-BHP Support
 
theMAG's Avatar
 
Join Date: May 2006
Location: Long Island, NY
Posts: 7,037
Thanked: 1,476 Times
Default

Quote:
Originally Posted by prakash2757
Hi Friends.

Just want to know why there are so many used Ford Icons for sale ? I feel like its flooding the market in Bangalore.

I am looking for zen from past 3 months. I am not getting a good Zen but get details of around 5 Icons a week for sale. I wonder why people are taking it out for sale ? that too Owners are ready to sale as much less as 2.5 lakhs for a 2001 model.

Any special reasons ? Kindly comment.
prakash2757,

Ikon has the following flaws/characteristics:

1. Higher maintenance costs - spares, service etc. than comparable cars
2. AC conks off after abt 2 years - I speak from 1st, 2nd and 3rd hand experience abt this
3. The 1.6 tho a great car to drive, gives abt 7-9 kmpl max in city traffic
4. Strong persistent rumors from automotive experts that its production will be stopped sooner than very later primarily as it intrudes on the Fiesta's doorstep, and of course because its approaching nearly a decade of existence.
5. The diesel is really disguised guano
theMAG is offline   Reply With Quote
Old 15th June 2006, 17:24   #12
Distinguished - BHPian
 
supremeBaleno's Avatar
 
Join Date: Dec 2005
Location: Weekdays@Chennai, Weekends@Kerala
Posts: 5,164
Thanked: 1,638 Times
Default

Quote:
Originally Posted by theMAG
Strong persistent rumors from automotive experts that its production will be stopped sooner than very later primarily as it intrudes on the Fiesta's doorstep, and of course because its approaching nearly a decade of existence.
I also keep hearing the rumours. But then as of now, it is only the Flair that is available, which is in no way in Fiesta territory as far as price or specs go. So, why discontinue it, if it is selling ?

Quote:
Originally Posted by theMAG
The diesel is really disguised guano
Did not understand this. Guano - what is that ?
supremeBaleno is offline   Reply With Quote
Old 15th June 2006, 17:42   #13
BHPian
 
w 12's Avatar
 
Join Date: Apr 2006
Location: bangalore
Posts: 402
Thanked: 26 Times
Default

Quote:
Originally Posted by supremeBaleno

Did not understand this. Guano - what is that ?
Guano = Birds*** .Think there is a very graphical scene in James Bonds Dr.No , involving this..
w 12 is offline   Reply With Quote
Old 15th June 2006, 17:45   #14
BHPian
 
Join Date: Mar 2005
Location: Singapore
Posts: 262
Thanked: Once
Default

Also, the Ikon is/was a very popular car for employees of lots of IT/software companies. They usually renew their cars every 4-5 years. So they bought a lot of Ikons some years ago which are now coming into the 2nd hand market.
nitinbhag is offline   Reply With Quote
Old 15th June 2006, 18:59   #15
Senior - BHPian
 
headers's Avatar
 
Join Date: May 2006
Location: Greater Chennai
Posts: 4,589
Thanked: 454 Times
Default

THe Ikons are BAD..and really high on your wallet..

Also, The Fiesta effect + the huge discounts offered for exchange etc..made sure most of the ikons dissappeared to dealers..
headers 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
Happy Fiftieth Birthday : Many Many Happy Returns Jaguar 'E' Type issigonis Beyond Borders 7 8th March 2011 13:52
Modded Ikons!!! Gordon Modifications & Accessories 57 21st May 2008 18:14
Many Many Happy returns Of the DAY SRK!! SohailPistawala Shifting gears 4 31st March 2008 18:17


All times are GMT +5.5. The time now is 16:58.

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