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Old 11th June 2009, 10:20   #1
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Default How much one should expect for a 100KM driven and a month old Honda Civic Sports !

A known of mine is looking out for selling his newly acquired Honda Civic Sports - White in color, it costed him somewhere around 13.25 net on-road in Delhi.

How much depreciation should he expect for the same ?? I have given him a rough idea of atleast a depreciation of 50-75K if sold to a direct customer.
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Old 11th June 2009, 10:44   #2
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Anywhere between 12.5 and 12.75
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Old 11th June 2009, 11:03   #3
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If he tries hard enough, he can palm it off to somebody with a 25K-30K discount on OTR.

That still would be a great deal considering he may have done some additional work for interiors etc.
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Old 11th June 2009, 11:05   #4
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That still would be a great deal considering he may have done some additional work for interiors etc.
Nothing is touched, every thing is stock plain.
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Old 11th June 2009, 11:17   #5
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Nothing is touched, every thing is stock plain.
Then a maximum 50K discount on OTR would be a good deal. Anything lower would be a lost deal.
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Old 11th June 2009, 11:44   #6
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Around 1 Lac down on OTR.
Most Important - Owner Serial Changes.

Moreover a person spending 12.5 lakhs can easily spend a little more (75k) to get the sports.
- Plus what causes the hindrance is that you can get the top model(non-sports).One would think of buying that from the showroom brand new.
-Typical thinking - why is the person selling so new,it may have some big problem.

Last edited by k2max6 : 11th June 2009 at 11:51. Reason: Content Addition
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Old 11th June 2009, 11:50   #7
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Around 1 Lac down on OTR.
Owner Serial Changes.
Exactly. The new owner will be the second owner, and re-sale value will take a hit.

\N
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Old 11th June 2009, 12:02   #8
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A new car is new car , Second owner goes for the car because first one has taken the hit of depreciation ,

So if the car is registered at least the person has to bear brunt of being first owner.
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Old 11th June 2009, 12:04   #9
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Quote:
Originally Posted by k2max6 View Post
Around 1 Lac down on OTR.
Most Important - Owner Serial Changes.

Moreover a person spending 12.5 lakhs can easily spend a little more (75k) to get the sports.
- Plus what causes the hindrance is that you can get the top model(non-sports).One would think of buying that from the showroom brand new.
-Typical thinking - why is the person selling so new,it may have some big problem.
No problem at all, He didn't liked the gift Would spend some more and get an accord.
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Old 11th June 2009, 12:29   #10
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Originally Posted by amitk26 View Post
A new car is new car , Second owner goes for the car because first one has taken the hit of depreciation ,

So if the car is registered at least the person has to bear brunt of being first owner.
+1 - If the car is registered, the first owner has to take the hit of depreciation. Person selling should also find a customer who wants the same colour of car and same specifications. Additionally, if there is not a significant difference in the prices, all potential owners of a car of this bracket will go in for a new one !
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Old 11th June 2009, 16:29   #11
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Is this an automatic -- and is he keen on selling it in delhi itself? asking it since i am on a hunt for a not so new-not so old car myself.
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Old 11th June 2009, 17:05   #12
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@bhatt - I bilieve it is the manual one. Also, he dosen't have any objection as far as new owner is transferring on his name.

But i believe for registration in pune you might land up paying registration taxes again !! (Correct me)
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Old 11th June 2009, 17:12   #13
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Originally Posted by ashthedivx View Post
@bhatt - I bilieve it is the manual one. Also, he dosen't have any objection as far as new owner is transferring on his name.

But i believe for registration in pune you might land up paying registration taxes again !! (Correct me)
You're right on the registration part -- i am actively looking for an auto tranny car and would have considered paying for the re-registration
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Old 11th June 2009, 17:19   #14
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Originally Posted by kpbhatt View Post
You're right on the registration part -- i am actively looking for an auto tranny car and would have considered paying for the re-registration
Anyhow did sports version came in Auto transmission ??
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Old 12th June 2009, 09:46   #15
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Thanks guys, Car Sold to another friend for 12.60. Mods can close the thread.
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