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Old 8th January 2014, 14:09   #6181
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Default Re: Ford EcoSport : Official Review

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Originally Posted by swiftnfurious View Post
1. In case of a total loss, the buyer before price hike stands to gain something extra? (Depreciation in Insurance value)
Gibberish, ignored.

Quote:
2. In the used car market, unless a buyer is ready to buy an Ecosport at a premium, how does the depreciation hold better? (Depreciation in used car market)

Everything is relative. Hope it's NOT difficult to understand!
Some primary school lessons:

Buying price: Rs 10L
Selling price: Rs 5L
Loss: Rs 5L

Buying price: Rs 11L
Selling price: Rs 5L
Loss: Rs 6L

Depreciation loss depends on cost price too.

Case dismissed.
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Old 8th January 2014, 14:34   #6182
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Default Re: Ford EcoSport : Official Review

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Originally Posted by blacksport View Post
Gibberish, ignored...
The responses will always reflect the quality of one's posts.

Quote:
Originally Posted by blacksport View Post
... Some primary school lessons:

Buying price: Rs 10L
Selling price: Rs 5L
Loss: Rs 5L

Buying price: Rs 11L
Selling price: Rs 5L
Loss: Rs 6L

Depreciation loss depends on cost price too.

Case dismissed.
Fabulous! You expect the seller in the second case to sell the car at the same price though he bought it at a higher price than buyer 1. Isn't it common sense that the second buyer will obviously ask for a premium over the first buyer because the car is bought later & at a higher price?

Last edited by swiftnfurious : 8th January 2014 at 14:36.
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Old 8th January 2014, 14:46   #6183
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Default Re: Ford EcoSport : Official Review

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Originally Posted by swiftnfurious View Post
The responses will always reflect the quality of one's posts.



Fabulous! You expect the seller in the second case to sell the car at the same price though he bought it at a higher price than buyer 1. Isn't it common sense that the second buyer will obviously ask for a premium over the first buyer because the car is bought later & at a higher price?
Inane logics galore!
So the person who bought the car on 4th Jan (day of price hike) could command and receive a premium over somebody who bought it on 3rd Jan (old price)?
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Old 8th January 2014, 14:51   #6184
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Default Re: Ford EcoSport : Official Review

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Inane logics galore!
So the person who bought the car on 4th Jan (day of price hike) could command and receive a premium over somebody who bought it on 3rd Jan (old price)?
What usually happens is that the Person who bought the Car on 3rd Jan stands to gain due to rise in the Cost of Car.
It is self explanatory but if you still need an explanation, give me a shout.

Example - Toyota Innvoa
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Old 8th January 2014, 15:02   #6185
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Default Re: Ford EcoSport : Official Review

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But I'd choose performance over fuel efficiency. We buy cars with bigger engines not to drive at the speed of an auto rickshaw. Do we?
The EcoBoost's party trick that I enjoy the most - accelerate up to 80 km/h in 2nd gear at a shade over 5k rpm. Insane pull, addictive engine growl. The instantaneous mileage indicator does disappear

Very useful for a getaway after a speed breaker, or after getting the long-awaited overtaking window, although running it up to 5k rpm is a bit of showing off to the diesels that need to upshift sooner.

Naturally, I don't do this often.
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Old 8th January 2014, 15:24   #6186
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Default Re: Ford EcoSport : Official Review

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Edit:: I think I get the point well. A model sold @ Rs. 10/- is wished to have a better re-sale value because the same model is now sold at Rs. 100/-. The Rs. 10/- model can NOT aspire to have the resale value of a Rs. 100/- model unless there is a solid demand. That's what I am trying to point out. The seller can ofcourse try to demand some extra money, but it all depends on the market sentiments and luck the seller has - would be difficult to get away from an informed buyer.

Edit 2:: If I am in the market for a used car, I would pretty much check the IDV as well! So the depreciation theory does NOT work for me.
It's not a 1:10 jump that we are seeing here are we? It's more like 9:10.
Secondly, Insurance IDVs hardly ever reflect Resale values in the market. We are not discussing Depreciation for Insurance, rather Depreciation in the Resale market.
I just checked with a Dealer friend of mine, and he said that he can sell off my Ecosport AT at roughly the same price as I paid for it.
That's the market sentiment (outside TBHP) at present!
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Old 8th January 2014, 15:34   #6187
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Default Re: Ford EcoSport : Official Review

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It's not a 1:10 jump that we are seeing here are we? It's more like 9:10.
Secondly, Insurance IDVs hardly ever reflect Resale values in the market. We are not discussing Depreciation for Insurance, rather Depreciation in the Resale market.
I just checked with a Dealer friend of mine, and he said that he can sell off my Ecosport AT at roughly the same price as I paid for it.
That's the market sentiment (outside TBHP) at present!
Different people have different ways of calculating resale, some mind numbing as well.

ATs are in short supply. One person I know put his Ecosport AT up for sale at 12L and he says he received at least a dozen replies. Eventually he decided to keep it for some more time.
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Old 8th January 2014, 16:19   #6188
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Default Re: Ford EcoSport : Official Review

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One person I know put his Ecosport AT up for sale at 12L and he says he received at least a dozen replies.
Ecosport is getting "hotter", indeed. Unstoppable Indians !

"Hot" hatch comparo

Ford EcoSport : Official Review-es-evo.png
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Old 8th January 2014, 18:47   #6189
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Default Re: Ford EcoSport : Official Review

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Originally Posted by achopraa View Post
What usually happens is that the Person who bought the Car on 3rd Jan stands to gain due to rise in the Cost of Car.
It is self explanatory but if you still need an explanation, give me a shout.

Example - Toyota Innvoa
Thanks for bringing in your point! It will be a pity if you still have to clarify and drive such a simple logic to geniuses.

All the sales from 2014 will be considered for a better re-sale.

Quote:
Originally Posted by roy_libran View Post
...That's the market sentiment (outside TBHP) at present!
This trend will hold till the car carries a waiting period. My thought is how long will this trend hold good for Ford / customers.

Quote:
Originally Posted by M35 View Post
Ecosport is getting "hotter", indeed. Unstoppable Indians !

"Hot" hatch comparo

Attachment 1188327
You just made some life time enemies buddy!

Last edited by swiftnfurious : 8th January 2014 at 18:57.
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Old 8th January 2014, 19:38   #6190
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Default Re: Ford EcoSport : Official Review

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Thanks for bringing in your point! It will be a pity if you still have to clarify and drive such a simple logic to geniuses.

You just made some life time enemies buddy!

It ain't any different from what I said. Why don't you try replying to my post rather than resort to trolling?
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Old 8th January 2014, 21:03   #6191
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Default Re: Ford EcoSport : Official Review

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Originally Posted by swiftnfurious View Post


Fabulous! You expect the seller in the second case to sell the car at the same price though he bought it at a higher price than buyer 1. Isn't it common sense that the second buyer will obviously ask for a premium over the first buyer because the car is bought later & at a higher price?
Obvious that they will ask. Very far from obvious that they will get.
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Old 9th January 2014, 07:44   #6192
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Default Re: Ford EcoSport : Official Review

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Quote:
Originally Posted by swiftnfurious View Post
You just made some life time enemies buddy!
I think the magazine is quite right. I'd classify the EcoSport as Ford's premium hatch.
  • They have the Figo straddling the mid-level hatch market (i.e. i10) and reaching to the start of the premium hatch market (i.e. i20).
  • The EcoSport picks up where the Figo lets off, and fulfils the premium hatch slot.
  • The new Fiesta where the EcoSport lets off as the volume sedan (botched that one, though, with the kind of sales volumes its having).
  • The Fiesta Classic sits alongside the Figo/EcoSport as the entry-level sedan, similar to how the Hyundai Accent was placed.
We've already been told many times that the Fiesta hatch isn't headed to Indian shores, so it's that slot where the EcoSport sits.

Ford's marketing and design team have instead done a great job by aligning our fascination for SUVs with the design and marketing of the EcoSport.

Net result: Ford were able to price the EcoSport higher than premium hatches and still succeed! I'm not saying they've done anything misleading or wrong but really smart.
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Old 9th January 2014, 08:17   #6193
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Default Re: Ford EcoSport : Official Review

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I'd classify the EcoSport as Ford's premium hatch.

Ford's marketing and design team have instead done a great job by aligning our fascination for SUVs with the design and marketing of the EcoSport.
It's a blurred line that divides a Crossover SUV from a Tall Hatch. I guess, at the end of the day, it is a matter of perspective. There are a plethora of other similar debates on this subject, without the need to muddle this thread with the same.
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Old 9th January 2014, 10:01   #6194
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Default Re: Ford EcoSport : Official Review

As far as I understand Ford is not going to lose customers because of price hike. Those who cancel just gets replaced by those down in line. So ford is not losing sales. It is only when those booking stops completely Ford is going to take notice. Only then they would give a thought about customers. Right now the only hope is some upcoming competition that could beat ecosport down. Wish something soon...
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Old 9th January 2014, 10:45   #6195
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Default Re: Ford EcoSport : Official Review

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Originally Posted by arunphilip View Post
I'd classify the EcoSport as Ford's premium hatch.
Name:  es price.png
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A "Premium" Hatch, indeed.
price source:link

Quote:
Originally Posted by arunphilip View Post
Net result: Ford were able to price the EcoSport higher than premium hatches and still succeed! I'm not saying they've done anything misleading or wrong but really smart.
Firstly with the SUVish exterior design, then thier marketing and pricing strategies, Ford has certainly proved themselves to be very "smart".
And Ford has rightly called it, The Urban SUV = Smart Utility Vehicle

Last edited by M35 : 9th January 2014 at 10:51.
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