New 2007 model civic for less

swageo · 6th January 2008, 00:31

Hello,

I have booked for a 2008 model Civic, but dealer says it would take end of Jan for delivery. I have also learned that dealer has got handful of 2007 model Civic in their garage. And they are ready for some cash discounts about 20K. Hows this deal. ??

Resale value of 2007 model vs 2008 model after 5 yrs would be around 20k. So I guess dealer is trying to cover that upfront to take the customer in their side

.anshuman · 6th January 2008, 11:26

Here in gurgaon they are offering 30K discount for 2007 built Civics,though colors left in stock are only sky blue and black.

We tried the civic for my friend,we rejected the car for low ground clearance and lack of juice in low-end(compared to diesels).I found the car to crash into potholes.

ram_hyundai · 6th January 2008, 11:50

may be going for a 2008 one would be fine if at all its 20000 more .you cant predict if the diff between 2007 and 2008 would be after 5 yrs.if you have the option go for 2008.wait a bit,because maybe there is some small changes or new colors.and the best thing is to wait till march as there is some excise duty excemption comming across in the budget for big cars.

ram

rangaraj · 6th January 2008, 12:36

As far as i know the date of the registration matters for resale and not the date of manufacture..

jaibir · 6th January 2008, 14:20

Quote:

Originally Posted by rangaraj

As far as i know the date of the registration matters for resale and not the date of manufacture..

there's a separate thread discussing this. the conclusion that seemed to emerge on that one was that for jan registered cars in similar condition, a dec manufacture would fetch less than a jan manufacture in the second hand market

you can see the full thread here:
http://www.team-bhp.com/forum/indian...istration.html

unknown · 6th January 2008, 14:58

Previous year i've been offered 40k discount on M/T & 50K on A/T but color choice was limited, so i'm pretty sure you'll get more than 20k if you hassle with the dealers .

amit · 6th January 2008, 15:41

Quote:

Originally Posted by swageo

I have also learned that dealer has got handful of 2007 model Civic in their garage.

And I thought the Civic's were sold out and there was a waiting period for them!

jesal · 6th January 2008, 15:48

im thinking how much will a 2006 civic fetch after 5 years. its scary that they too will be for 5 years. people like me who keep cars for 10 years all these expensive cars are not really a good buy thought i really want to get a new civic in purple that too auto its very scary

GTO - Touring · 6th January 2008, 16:05

For a difference of only 20,000, I'd recommend waiting a month till 2008 cars are available.

swageo · 6th January 2008, 16:12

thanks folks, overall feeling seems to be get a higher discount (close to 50k) or wait for 2008 model. Also, I very specific on colour too, going for white.

I used carwale.com to estimate the resale value.

BUSA · 6th January 2008, 18:39

If the difference is around 20k, then go for the 2007 model.

If difference is above 50k, go for the 2008 model.

androdev · 6th January 2008, 19:26

old stock can also mean "items that could not be sold for some reason"

it helps to be a paranoid ;-)

appuchan · 6th January 2008, 20:10

Quote:

Originally Posted by BUSA

If the difference is around 20k, then go for the 2007 model.

If difference is above 50k, go for the 2008 model.

I thought you meant the other way round..

Eddy · 7th January 2008, 00:32

Wait for a week or so. I am sure the discount will increase of the car is not sold. Then decide.

swageo · 7th January 2008, 11:21

I sold my car expecting the new to be available by 2nd week on Jan. I checked the 2nd dealer and they say new Civic would be available by 2nd week. So looks like my dealer is trying push 2007.

Expecting 50K discount on Civic seems to be unrealistic. I am expecting a call from the dealer today.

6th January 2008, 00:31	#1
swageo BANNED Join Date: Nov 2007 Location: Bangalore Posts: 326 Thanked: 31 Times	New 2007 model civic for less Hello, I have booked for a 2008 model Civic, but dealer says it would take end of Jan for delivery. I have also learned that dealer has got handful of 2007 model Civic in their garage. And they are ready for some cash discounts about 20K. Hows this deal. ?? Resale value of 2007 model vs 2008 model after 5 yrs would be around 20k. So I guess dealer is trying to cover that upfront to take the customer in their side
	() Thanks

6th January 2008, 11:26	#2
.anshuman Distinguished - BHPian Join Date: Dec 2004 Location: Good-Gaon Posts: 7,763 Thanked: 11,078 Times View My Garage	Here in gurgaon they are offering 30K discount for 2007 built Civics,though colors left in stock are only sky blue and black. We tried the civic for my friend,we rejected the car for low ground clearance and lack of juice in low-end(compared to diesels).I found the car to crash into potholes.
	() Thanks

6th January 2008, 11:50	#3
ram_hyundai Senior - BHPian Join Date: Jun 2006 Location: Calicut ,trisur Posts: 2,020 Thanked: 53 Times View My Garage	may be going for a 2008 one would be fine if at all its 20000 more .you cant predict if the diff between 2007 and 2008 would be after 5 yrs.if you have the option go for 2008.wait a bit,because maybe there is some small changes or new colors.and the best thing is to wait till march as there is some excise duty excemption comming across in the budget for big cars. ram
	() Thanks

6th January 2008, 12:36	#4
rangaraj BHPian Join Date: Sep 2005 Location: Bangalore Posts: 570 Thanked: 10 Times	As far as i know the date of the registration matters for resale and not the date of manufacture..
	() Thanks

6th January 2008, 14:58	#6
unknown BANNED Join Date: Sep 2005 Location: Earth Posts: 439 Thanked: 23 Times	Previous year i've been offered 40k discount on M/T & 50K on A/T but color choice was limited, so i'm pretty sure you'll get more than 20k if you hassle with the dealers .
	() Thanks

6th January 2008, 15:48	#8
jesal BANNED Join Date: Apr 2004 Location: Mumbai Posts: 2,323 Thanked: 13 Times View My Garage	im thinking how much will a 2006 civic fetch after 5 years. its scary that they too will be for 5 years. people like me who keep cars for 10 years all these expensive cars are not really a good buy thought i really want to get a new civic in purple that too auto its very scary
	() Thanks

6th January 2008, 16:05	#9
GTO - Touring BHPian Join Date: Aug 2004 Location: Mumbai Posts: 710 Thanked: 56 Times	For a difference of only 20,000, I'd recommend waiting a month till 2008 cars are available.
	() Thanks

6th January 2008, 16:12	#10
swageo BANNED Join Date: Nov 2007 Location: Bangalore Posts: 326 Thanked: 31 Times	thanks folks, overall feeling seems to be get a higher discount (close to 50k) or wait for 2008 model. Also, I very specific on colour too, going for white. I used carwale.com to estimate the resale value.
	() Thanks

6th January 2008, 18:39	#11
BUSA Senior - BHPian Join Date: Aug 2005 Location: Bombay Posts: 5,130 Thanked: 21 Times View My Garage	If the difference is around 20k, then go for the 2007 model. If difference is above 50k, go for the 2008 model.
	() Thanks

6th January 2008, 19:26	#12
androdev Distinguished - BHPian Join Date: May 2007 Location: bangalore Posts: 3,194 Thanked: 24,043 Times	old stock can also mean "items that could not be sold for some reason" it helps to be a paranoid ;-)
	() Thanks

7th January 2008, 00:32	#14
Eddy Team-BHP Support Join Date: Apr 2007 Location: Singapore Posts: 9,454 Thanked: 13,790 Times	Wait for a week or so. I am sure the discount will increase of the car is not sold. Then decide.
	() Thanks

7th January 2008, 11:21	#15
swageo BANNED Join Date: Nov 2007 Location: Bangalore Posts: 326 Thanked: 31 Times	I sold my car expecting the new to be available by 2nd week on Jan. I checked the 2nd dealer and they say new Civic would be available by 2nd week. So looks like my dealer is trying push 2007. Expecting 50K discount on Civic seems to be unrealistic. I am expecting a call from the dealer today.
	() Thanks