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Old 17th January 2005, 17:37   #1
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Default 2003 Honda City 1.5 Exi

hey people i came across a 2003 satin silver honda city 1.5 exi. details : single owner. 20000 kms done. the gear knob is of wood with Honda logo. and also the left side has tints and the right does not found that weird. the 4 tyres are 185 size while in the boot is 175. the car is accident free for sure. i want to know if this is worth to pick up. asking price is 5.3 laks but i guess leaving the car for around 5.00 laks dot. opinions please. !







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Old 17th January 2005, 17:43   #2
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isnt that a lil 2 much for an city when u can get a brand new city for 7 lakhs exi thane and the interest rate on used cars are also a lil more . so eventually it will fall expensive to u
wat say guys ???
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Old 17th January 2005, 17:48   #3
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Quote:
also the left side has tints and the right does not found that weird.
That may be because the car was broken into for its stereo. Happened to my Astra that way. The replacement window was without tints for a while. Better check that its not a stolen vehicle!!!
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Old 17th January 2005, 17:49   #4
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brand new is for 7.5 laks after the price increase. gxi goin for around 8.5 laks. intrest on new cars is 6% and used cars is 8%. might go a lil high i guess i dont know what to do. i have a day more in town then ill be leaving lets see what to do. i dont like the new version neways so .....
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Old 17th January 2005, 17:51   #5
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Quote:
Originally Posted by rtech
That may be because the car was broken into for its stereo. Happened to my Astra that way. The replacement window was without tints for a while. Better check that its not a stolen vehicle!!!
its not stolen as the place is givin warranty and all as well with it and its accident free as well. its not from a normal dealer. we got a santro from the same fellow 3 weeks back. also the stereo is stupid stock one

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Old 17th January 2005, 17:53   #6
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i think the least interest on used cars was 13% (correct me if i am wrong)
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Old 17th January 2005, 17:55   #7
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Originally Posted by bhp
i think the least interest on used cars was 13% (correct me if i am wrong)
confirmed 8% today i went to other dealer he said 7.5%. 13 is someone trying to rip you bad
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Old 17th January 2005, 17:59   #8
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8% interest on a used car purchase! Thats amazing. All I ever found was 15% or thereabouts. Which bank are you getting it from?
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Old 17th January 2005, 18:08   #9
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Quote:
Originally Posted by rtech
8% interest on a used car purchase! Thats amazing. All I ever found was 15% or thereabouts. Which bank are you getting it from?
bank can be anyone i choose from. if it was 15% id rather wait a while and get a new skoda RS
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Old 17th January 2005, 19:47   #10
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Quote:
Originally Posted by jesal
confirmed 8% today i went to other dealer he said 7.5%. 13 is someone trying to rip you bad

straight line or reducing balance = big difference between the two
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Old 17th January 2005, 20:24   #11
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Always ask for the EMI. Calculate how much your paying from that. Also ask him to list all the other payments w.r.t the loan.
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Old 17th January 2005, 22:18   #12
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Hey Jesal,
Its kinda appropriate.Although 4.8 wud be a perfect deal.Try n pull im down if u can.Otherwise the car looks good enough in the pics.

X
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Old 17th January 2005, 22:26   #13
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the interest rates are a big scam. as gkrishn rightfully said the best way to check it is by calculating the emi and duration. cos when i wanted finance on a second hand car icici offered 7% i was shocked and then found out that it was floating and for a period of 3 yrs or more also that for a new car they were willing to come down to 4%. but its all a scam. be VERY VERY careful with the financ companies.
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Old 17th January 2005, 22:37   #14
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Jesal,

Dont ever believe the number someone throws at you as an interest rate. Calculate how much it actually works out to using your downpayment and emis. 8% is next to impossible for a used car.

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Old 18th January 2005, 20:10   #15
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also check how many advance EMi's and what will be the processing fees and stuff ??

the best way to bargain is :
1. get in writing one deal from a dealer or agent ??
2. take that deal to another agent , and ask him to give u a better deal
3. continue the process till all the agents have given up !!!
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