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Old 2nd August 2007, 09:17   #1
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Default 2006 Fiesta Petrol 1.4 EXI 5.8L is it a fair price?

One of my friend is looking at buying a used Petrol Fiesta. It is a purchase from an individual and he is quoting 5.8L for the same. Following are some details of the vehicle

Model : 2006 June Ford Fiesta 1.4 EXI Petrol
Odo : 9300 kms
City : Bangalore

He has fitted a dealer package that includes rear spoiler, fog lamps, aluminium touches inside the vehicle, chrome foot pedal etc.. I drove the vehicle and its is in mint condition no complaints on this front.

The only concern is the price, which i feel is a tad too high since the valuations at carwale etc.. are around the 5-5.2L mark.

I would like to know the opinion of team-bhpians about this deal before i suggest to my friend.. Please drop in with your thoughts.
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Old 3rd August 2007, 08:59   #2
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Any thoughts on the above deal?
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Old 4th August 2007, 09:10   #3
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check the what is my car worth section on Used Cars, New Cars, Buy Car, Sell Car, New Car Pricing, Used Car Values, Automobiles, Car loan, Used cars for sale, used car - CarWale.com India
I think 4.5 is a good deal. 5.8 is way too much.

30% decpreciation on the day the car is bought.
then another 20% depreciation of 1 year on the remaining amount.
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Old 4th August 2007, 15:27   #4
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I also think 5.8 L is way too expensive, it should not be more than 5 even if it is in excellent condition.
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Old 4th August 2007, 18:09   #5
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Fiesta 1.4 EXI I feel its base verison on road price is around 6.7 lacs I think.

For June 2006 model good resale price is not more than 5 lacs. If its around 4.7 lacs its ideal price.

Regards,

Ravi.
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