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Old 20th February 2008, 12:39   #31
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Thats interesting, how are the maintenance costs ? A friend of mine is in for 2nd hand sedan, he has budget for new Hatch but wants a sedan hence 2nd hand. But maintenance should not be exorbitant.
Hyundai's maintainance is by no way exorbitant
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Old 20th February 2008, 12:41   #32
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Thanks for the Info Busa, my friend should be happy to know this I will also ask him to check spare parts prices from Hyundai.
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Old 20th February 2008, 17:35   #33
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Sold FIAT Palio ELX petrol 2003 model done 25k [The first generation Palio, before NV came] for 2.05 L.


Very bad value for a very rock solid car...
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Old 20th February 2008, 21:53   #34
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Talking about Fiats bad resale value. I have a 2004 Petra D Elx. I am getting an offer for 3-3.25 l . I had bought it for 7.2 lacs on road. Waiting for the
Linea!!! & Hope that Linea s 1.3 D is not underpowered for a big car!
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Old 17th June 2008, 16:33   #35
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lastly i feel many cars listed here also did NOT do well NOT just because of marketing related mistakes but also due to genuine deficiencies in their specs/performance in comparison to competitiors in the market and what customers expected out of them in that segment
Need not be; look at Cedia, a wonderful product at such a competitive pricing. What else can you attribute to the poor sale performance & poor resale values of this car other than the marketing failure to sell more and put more cars on the road.
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Old 17th June 2008, 17:20   #36
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Hi Ajit,
You missed out on these:

1. Maruti Esteem
2. Opel Astra
3. Opel Corsa
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Old 17th June 2008, 17:31   #37
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That was an awesome read. I hope a lot of predictions do come true - else more ppl would have to bear the brunt of rising taxes on the new BIG cars. Thanks to GOI!
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Old 17th June 2008, 17:50   #38
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I am surprised the Corolla has not been mentioned here. A car that gives you more bang for the buck & yet lies well below the overstated Honda. It even beats the C segment Honda & sells for much lesser. here is a comparo

2003/04 Corolla - 4.5 to 5L
2004 NHC - 5.5 to 6L
2003 OHC Vtec - 5L



Quote:
Originally Posted by Technocrat View Post
Any idea how much does the 1st gen Sonata sells for ?
I have seen a 2002 Gold (not sure about the gold) go for 2.6L

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Originally Posted by GTO View Post
However the car was, that sure is a lot for your money.
Absolutely
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Old 17th June 2008, 18:27   #39
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Good effort Ajmat, however your use of language is very dramatic! and I don't understand the point of covering almost ALL the cars in the market?
ALso prices for a lot of cars are not given...just a two line explanation ex: versa. IMO if you had covered less cars and expected prices it would have been a much better article!!

ALso would you honestly suggest anyone an used Petrol Elantra for 4.5L? and why do you think SPark could do with more power? Compared to other in its segment it has a better power to weight ratio.
Similarly your write up on U-VA is just a play of words

Just my opinion

Elito

Last edited by Elito11 : 17th June 2008 at 18:42. Reason: Sentence construction
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Old 28th June 2010, 17:24   #40
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I got a black Spark LS, Feb 08, 17600km, for 215000 for my wife. I may have paid a little more but the vehicle is in mint condition.
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Old 13th November 2011, 20:01   #41
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Default Re: Resale Value - The Killer opportunity

Ajmat, I think its time this thread was revisited.

Due to the stratospheric price of petrol even the second hand car market has got hit.

Many dealers are saddled with unsold stock. Conversely, the price of used diesel cars has firmed up.

What does this mean for the enthusiast?

Performance cars can be got for a song.

The Laura 1.8TSI, Linea TJet etc have few buyers used.

I know of a one year old TJet, unsold even at Rs 6 L !

Slowdown hits pre-owned car business, too - Money - DNA
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Old 13th November 2011, 20:43   #42
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Default Re: Resale Value - The Killer opportunity

Quote:
Originally Posted by Vajra View Post
Ajmat, I think its time this thread was revisited.

Due to the stratospheric price of petrol even the second hand car market has got hit.

Many dealers are saddled with unsold stock. Conversely, the price of used diesel cars has firmed up.

What does this mean for the enthusiast?

Performance cars can be got for a song.

The Laura 1.8TSI, Linea TJet etc have few buyers used.

I know of a one year old TJet, unsold even at Rs 6 L !

Slowdown hits pre-owned car business, too - Money - DNA
I wouldnt be surprised if it remains unsold,or is sold at <5L
Due to the recent fuel price hike,resale value of petrol cars has dropped drastically.People are ready to pay premium for a diesel,even if their running is less than 1K kms per month.If fuel prices keep on rising like this,it is going to be really difficult to Sell a petrol car.
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Old 14th November 2011, 10:59   #43
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Default Re: Resale Value - The Killer opportunity

A petrol engine and brand name of Fiat, unfortunately there's only one way the resale is going to go. Incidentally, I have yet to come across a single T-Jet on road. I really doubt if Fiat has managed to sell many in North India (not that the overall sales figures are great).

Conversely, it definitely is a good time for someone looking to buy a petrol vehicle. Like Akshay mentioned above, people seldom consider their monthly running and just flock towards whatever the common sentiment suggests. In Punjab, it's just terrible for petrol cars. I have tried explaining relatives who's monthly running does not exceed 300-500 odd KM's to go for petrol, but no avail. They could have been driving much better cars at the same price, but like the famous saying goes, common sense is not so common after all
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Old 14th November 2011, 12:25   #44
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Default Re: Resale Value - The Killer opportunity

My two cents -

I think that come December (year end), prices of the used cars especially petrol ones will fall even further. So much so that people planning to use out a CNG kits will be extremely happy.
There are some worthy contenders in the list. I'm not taking about performance motoring. Just commute from home to work, usual shopping etc. It makes a great value proposition providing immense utility.
I think Indica Vista (petrol) and SX4 VXi are rally good cars to kit out a CNG.
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Old 14th November 2011, 12:34   #45
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Default Re: Resale Value - The Killer opportunity

A person from "First Choice" visited me to have a look at my Fusion TDCi. He said that they are having a lot of stock of Petrol Cars. They are being forced to sell at a loss of between 30K - 50K.

All petrol cars will have a problem when it comes to resale.

Last edited by MAS : 14th November 2011 at 12:36.
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