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Old 25th July 2017, 20:22   #166
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

First and simplest question to ask is how much it would cost to restore the Swift. I don't mean a coat of paint and such - issues that affect drivability / safety such as engine, brakes, tyres and interior comfort (aircon gas topup / cleaning, clean interiors etc).

And then what it costs to similarly patch / fix the Fluence if necessary.

Sell the nano by all means, and use it for repair and patch up costs as needed, invest the remainder.

Give your mother either the Swift or the Fluence depending on her preference (and depending on how easy it is to use the Fluence - much larger car - near her house if narrow roads or high traffic, tight parking etc).

Sell the other car. Again, invest the remainder.

If you are onsite for three years whatever car it is will go to rack and ruin if it lies unused.
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Old 26th July 2017, 15:39   #167
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

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First and simplest question to ask is how much it would cost to restore the Swift. I don't mean a coat of paint and such - issues that affect drivability / safety such as engine, brakes, tyres and interior comfort (aircon gas topup / cleaning, clean interiors etc).
If you are onsite for three years whatever car it is will go to rack and ruin if it lies unused.
As I mentioned, Fluence is not a part of this present equation. The car is in sublime condition and I might hand it over to a relative when I travel. The dilemma is between the Swift and the Nano. I'm visiting multiple workshops over the weekend to get a feeler on how much it would cost me to entirely restore the swift.
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Old 26th July 2017, 17:27   #168
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

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4) Sell the Nano, invest that money plus some extra in restoring the Swift back to glory - Cosmetically, Mechanically and Electrically.
Always buy a new car if money isn't an issue. However, if you would like to get maximum bang for your buck then option 4 makes most sense!

Restoring an existing car where you know the problems first hand would be highly recommended.

This would also avoid another post 3 years down the line where you wish to sell your 'now 3 year old car' with a new one because it wasn't taken care of too well or something else.

Please note that since you'd leave your Swift with your mom, restoration would also mean a proper preventive maintenance being done so that she doesn't have to send the car for any major repair while you're away. Anything extra you spend on preventive maintenance would be totally worth it.
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Old 26th July 2017, 17:29   #169
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

Is your mother comfortable driving the Swift at the first place?

Yes? Restore the Swift, hand the keys to your mom. And drive whenever you visit on a vacation. Note that, it may not be in the same condition years down. You might still be faced with a dillema then about its fate.

No? Leave your emotions aside and sell it off. Infact sell both the Nano and Swift and get what your mom wants.

I had sold my first car in a similar scenario, it was painful to see it lying around forgotten. It'll be in a much better off state with a new owner, atleast you won't see it in such state to get depressed.
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Old 26th July 2017, 19:00   #170
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

If you give the Fluence to your mother or to a relative, and if they aren't a very good driver themselves, or they employ a driver who has the usual cabbie habits such as riding on the clutch, you can kiss the car goodbye in the three years you are away.

You know that thing the Bhagwad Gita preaches about giving up attachments? Now is the time for you Keep one car - either swift or fluence, sell the rest or give them away.

Comfort yourself with the thought that by the time you come back from onsite you'll be substantially well to do so you can buy a better new car once you're back.
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Old 27th July 2017, 12:09   #171
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

Thank you fine69, narayans80 and hserus for all your inputs! I'm definitely more inclined towards resorting the swift, let me first wrap up workshop hopping and hope to make a pragmatic call.

Hserus - I totally agree with your comments, just that letting go an excellent car in sublime condition and which is again a resale disaster is what hurts! No way my mom can drive the Fluence, the idea was to hand it over to a relative just for upkeep - not regular use. Do you still suggest I sell it?
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Old 27th July 2017, 12:11   #172
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

See - your relative can either leave the car parked and let it rot, or he can use it and maintain it.

If you're confident your relative is a good driver and will take care of the vehicle sure hand it over to him and let him use it. Once you're back and the car is 6 years old you can take it back and continue to use it, or you can leave it with him and buy a new one as per the situation and your requirements.

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Thank you fine69, narayans80 and hserus for all your inputs! I'm definitely more inclined towards resorting the swift, let me first wrap up workshop hopping and hope to make pragmatic call.

Hserus - I totally agree with your comments, just that letting go an excellent car in sublime condition and which is again a resale disaster is what hurts! No way my mom can drive the Fluence, the idea was to hand it over to a relative just for upkeep - not regular use. Do you still suggest I sell it?
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Old 27th July 2017, 14:23   #173
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Below are the options I have -



1) Exchange Nano for a new Nano AMT (getting a year back model for under 3 lacs), retain the swift.

2) Sell the Nano and the Swift, get a new Nano

3) Sell the Nano and the Swift, get a K10/Kwid/RediGo



All the above options will need additional investment. Now for the next option -



4) Sell the Nano, invest that money plus some extra in restoring the Swift back to glory - Cosmetically, Mechanically and Electrically.


.

I'm going a bit beyond the brief here but this is what I would suggest.

Sell all three cars and buy her a new compact car that she's comfortable driving.

1. A modern car with current safety standards is a better bet for your mom than a patch up job on a much older car. However comprehensive that patch up might be it's still building on a 10 year old product.

2. A fluence will have poor enough market today. Add 3 years of unpredictable usage and maintenance and it's not even worth coming back to for you.

3. 3 years is a long time - you never know whether you may even return at that point. May as well cash out on the fluence now and see whatever you want to buy then - even if its second hand.

This way you've cashed out on all the older models, left behind a brand new and hopefully safer car at your mums disposal and left yourself open to buying whatever you want when you return. That to me in this scenario makes most sense.

Cheers.
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Old 27th July 2017, 14:25   #174
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As I mentioned, Fluence is not a part of this present equation. The car is in sublime condition and I might hand it over to a relative when I travel. The dilemma is between the Swift and the Nano. I'm visiting multiple workshops over the weekend to get a feeler on how much it would cost me to entirely restore the swift.

Sorry for the back to back post but if I strictly exclude fluence from the equation, I'd still say sell both nano and swift and buy a more recent second hand option if need be - a car that your mum is comfortable driving and suits your purpose. Going second hand might mean you don't need to shell out more money from pocket.
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Old 27th July 2017, 14:26   #175
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

The swift really hasn't changed all that much except in looks from its 1st generation onwards, and I would suspect that if it was an early enough swift built with 100% japanese parts and not too many desi manufactured components it'd last longer and work better than newer ones. What do you think?
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Old 27th July 2017, 14:48   #176
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The swift really hasn't changed all that much except in looks from its 1st generation onwards, and I would suspect that if it was an early enough swift built with 100% japanese parts and not too many desi manufactured components it'd last longer and work better than newer ones. What do you think?

That's also true actually. Fair point. I just meant if there are options with better safety features like twin airbags, ABS etc that may or may not be there on his older swift then it's worth considering.

But if the extra cash plonking required is not on the table then I guess refurbish is the only way to go.
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Old 27th July 2017, 17:01   #177
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

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No way my mom can drive the Fluence, the idea was to hand it over to a relative just for upkeep - not regular use. Do you still suggest I sell it?
That means the Fluence's got to go as well. I know its a resale disaster, but selling a sublime condition resale disaster is waaay better than a idled-in-a-garage-and-accumulated-rust resale disaster.

Upkeep in the closest family itself doesn't go well, unless they are inclined towards automotives.
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Old 27th July 2017, 18:10   #178
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Do you still suggest I sell it?
Just sell the Fluence!

You wanted to keep it out of the discussion hence I didn't add my inputs but since its part of the discussion it doesn't make any sense to hand it over to a relative unless you know it will be serviced like clockwork and kept in great condition so that once you're back you can use it for another few years.

If Fluence may have to be sold after 3 years its better to take the depreciation hit now than later.
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Old 8th August 2017, 17:31   #179
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Default Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars

Alright everyone, so here is the update. The Swift will cost approx. 80k - 1 lac for a mechanical restoration. Nano will be sold for approx. 50k. I have not considered the cosmetic restoration right now.

But another option that came up was to sell the Nano and the Swift, and buy a new Micra Active XV. Does it make sense to spend 1 to 1.5 lacs on a 10 year old car or should I just go ahead and buy a new one? Been confused for a very long time now !
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