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Old 6th June 2005, 10:38   #16
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Quote:
Originally Posted by Surprise
No way the price could be Rs.3.1 L for a two months old Santro which cost Rs.4.5 onroad. I do not know what that guy has in his mind. Rough calculation is that it should fetch atleast Rs.3.9 Lakhs. If you give similar car to the dealers in Chennai they easily sell it off for Rs.4.1 Lakhs ( No doubt)
I do understand that quote of 3.1L is not correct but I never discussed this with MUL dealer further and I do understand that it should be somewhere between 3.5 to 3.7. But not sure abt. 3.9 with swift available from 4L on road.
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Old 6th June 2005, 10:53   #17
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Originally Posted by vishaltanksale
But not sure abt. 3.9 with swift available from 4L on road.
In Chennai the base version on road cost Rs.4.33 Lakhs, not sure about Mumbai.

The fact is that there are buyers who does not know about the specification & pricing of Swift (or even launch) & just want to goahead and buy Santro because one of his relative/friend using Santro has recommended it.
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Old 6th June 2005, 15:24   #18
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Default Indica resale

Indica 2000 LEi (petrol)
Manf: Feb 2001, 33K kms, White, no frills
Currently 2nd owner
On road , 3.3 ish ?
Initial exchange price (for Indigo GLX) offered by Tata showroom - 1.05L

If sold to a prospective owner, instead of a dealer, should it fetch 1.5ish ?
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Old 6th December 2016, 11:48   #19
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Default Re: How fast does the value of a new car depreciate over a few years?

2016
The moment you drive your new car off the lot, it will depreciate by as much as 11 percent of its value.
Every car undergoes depreciation but a used car has an upper hand for the same when compared to a new car. It depreciates at a slower rate when compared to a brand new car.
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