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Old 17th September 2009, 12:16   #106
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Default Chevy Optra Magnum

I have a Chevy optra magnum and have recently completed 1 year of ownership and run 21000km. Going through this thread I did a quick calculation on my expenses for the year - this is what I found
KM travelled - 21000km
Avg mileage - 13 (City 12-13km/litre, Highways 16-18km/litre. I have assumed 13 as I do more of city travel)
Diesel consumed in the year - 1615 litres
Avg cost of diesel per litre - 38 (Assuming 38 due variance in price across the year and my preference for Shell)
Total Cost for year - Rs. 61370/-
Maintenance cost - Rs. O/- (Thanks to GM's cashless maintenace offer)
Total running Cost - Rs. 61370/-

When I compare it with the Chevy Optra petrol the running costs is approx
KM travelled - 21000km
Avg mileage - 10 (assumed)
Petrol consumed in the year - 2100 litres
Avg cost of diesel per litre - Rs.48 (Assuming 48 due variance in price across the year)
Total Cost for year - Rs. 100800/-
Maintenance cost - Rs. O/- (Thanks to GM's cashless maintenace offer)
Total running Cost - Rs. 100800/-

I see a saving of around Rs. 40000/-

I have done a comparision of Chevy Optra Magnum with other cars in the same segment and with some cars in a lower segment and feel that it is the most understated and underestimated car in terms of cost of ownership. Do a quick comparision with Honda Civic, City, any Skoda, Lancer and you will know.
In city traffic near signal I run the car using its torque and not accelerator.
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Old 17th September 2009, 12:29   #107
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What was the price difference between the Petrol Optra & Diesel Optra when you bought one?
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Old 17th September 2009, 15:20   #108
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Originally Posted by Technocrat View Post
What was the price difference between the Petrol Optra & Diesel Optra when you bought one?
I think it was around 1.5lakhs
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Old 17th September 2009, 15:26   #109
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So you spent 1.5 lakh more for buying the Diesel car& you have saved 40k so far on fuel so you still have to recover 1.1L more in fuel costs to break even
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Old 17th September 2009, 15:26   #110
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Quote:
Originally Posted by obed5579 View Post
I think it was around 1.5lakhs
And at the time of sale,you'll get higher price than petrol counterpart too
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Old 17th September 2009, 15:45   #111
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Quote:
Originally Posted by Technocrat View Post
So you spent 1.5 lakh more for buying the Diesel car& you have saved 40k so far on fuel so you still have to recover 1.1L more in fuel costs to break even
...which according to his calculations should be at around 65000 kms. Assuming a saving of INR 40k every 21k kms.
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Old 17th September 2009, 15:55   #112
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Originally Posted by DieselFan View Post
True. But you should compare your driving on two cars one diesel and one petrol to compare accurately. Anyways Linea D giving 13 KMPL is on a lower side.
I guess I should ask the TATA workshop to look in to this the next time I send my car to them. I thought 13 was decent mileage in the city but then again this is my first diesel.

Thanks!
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Old 17th September 2009, 16:12   #113
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But guys, that is the whole point for God's sake.

If you buy a 10L car, the least you'd be bothered about is a 40k gain AFTER 3.5 years (excluding the interest costs). I mean, pittance. Jesus!!!

In Optra I'm sure the following would not be there:
turbo lag and limited drivable range (1500-3100 rpm is all I get in Swift D), not to mention higher clutch usage due to gear shifting and lack of fun in 30 kph traffic crawls.

The MJD is good but it has its limitations. Somehow the siren call of 1.7-2Rs/km seems to blind people that it doesnt MATTER!

Quote:
In Indian conditions a cars resale value after crossing 1 lac kms is less than 25% of the original value so no point of considering resale value if it crosses 1 lac kms.

If you considering resale, best thing is to sell the car before 60K. In that case any diesel car will fetch better value that an equally priced petrol car.
That is my other point. If one is really that much of a bean counter that in the 60k km of smiles and 3-4 years of ownership of a 5-7L car that one bothers totally about 30-40k - then one SHOULDNT sell the car. Then one should do just this:
http://www.team-bhp.com/forum/owning...rade-swap.html (ARTICLE: YOUR 5 year old car : Keep, Upgrade or Swap?)

I mean, one spends so much money or so many things. This has become the rage to tell everyone to go diesel! It doesnt really matter for God's sakes!

Last edited by phamilyman : 17th September 2009 at 16:18.
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Old 23rd September 2009, 12:58   #114
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Default Question about diesel vehicles!

are people in india buying diesel engine vehicles over petrol engine vehicles and keeping the vehicle for a longer period of time (KMs) to justify the higher price paid over petrol vehicle?

in short> whats the average ownership of a diesel vehicle in terms of KMs covered in india? (taxis and trucks and tractors excluded in this question)!

i ask this question because i have seen even smaller car being sold in diesel engines and bought by people who dont even use it for 50 Kms a day and then sell it off as soon as the warranty gets expired in 2-3 years without taking out its full worth in terms of diesel FE!
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Old 23rd September 2009, 13:03   #115
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The higher price for a new diesel translates into a higher resale value as well.
So the loss if any is quite negligible.

Also since the depreciation benefits are higher in the early years of ownership. Business folks may sell the car early.
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Old 23rd September 2009, 13:06   #116
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I sold my Qualis GS 2003 model at 1,20,000KM ( I purchased it at 35,000KM).
My friend sold his Accent CRDI at 95,000 KM

My observation is that at the first sight of trouble in the engine, people sell their Diesel engine cars fearing the maintenance cost.
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Old 23rd September 2009, 13:18   #117
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I think a thread already exists for the cost of ownership of diesel Vs petrol.
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Old 23rd September 2009, 13:19   #118
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Yes, especially in the case of cars above 5-6 lacs one sees the diesel models depreciating much slower vis a vis the petrol ones. Also the new gen diesel engines have many more benefits other than the fuel efficiency. The low down torque in these cars make them more fun in real world driving other than having the useful torque high up the rpm range.
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Old 10th February 2010, 00:51   #119
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Quote:
Originally Posted by KSM-Vtec View Post
@ Epic - Now that we have the BS4 K block petrol swift available in the market claiming an FE of 17 with ac in city (lets assume it gives us 14kmpl with ac in city) would you advise buying a vdi??

have worked out the numbers and as per my calc 1 would breakeven only after 7yrs or 1l kms.(I dont think ill keep the car that long)
hey what abt my question??
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Old 10th February 2010, 10:00   #120
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KSM-Vtec - How did you come up with the break even calculation of 7 years. Can you elaborate? Typically if you drive on an average 40 kms a day the breakeven comes to around 2 years or 30000 kms. You should take into consideration the resale value of Diesel car is much higher than that of petrol variant.
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