Team-BHP > Team-BHP Advice > On buying a car


Reply
 
Thread Tools Search this Thread
Old 29th February 2020, 08:33   #496
Senior - BHPian
 
itwasntme's Avatar
 
Join Date: May 2007
Location: BANGALORE
Posts: 4,264
Thanked: 5,096 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by ajmat View Post
Bangalore Prices are 30% higher due to higher taxation. Again, Delhi and Mumbai, supply exceeds demand, simple economics.

Your friends car would have sold for around the same price as what we paid for the A6 - Age or miles - your choice, we bought purely on condition!
That A6 deal was a great one by BLR standards.

Have a query: How difficult or worthwhile is it to buy a NCR-registered solidly known and vouched-for luxury vehicle like a BMW 3/4 or Merc C/E, bring it down to BLR, re-register and claim back the earlier road tax from the relevant NCR RTO?

Is it all worth it? Gut feel it is not, else we would have heard about this practice on TBHP itself.

Last edited by itwasntme : 29th February 2020 at 08:48.
itwasntme is offline  
Old 29th February 2020, 14:14   #497
Team-BHP Support
 
Join Date: Feb 2004
Location: Bangalore
Posts: 13,971
Thanked: 19,713 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by itwasntme View Post
That A6 deal was a great one by BLR standards.

Have a query: How difficult or worthwhile is it to buy a NCR-registered solidly known and vouched-for luxury vehicle like a BMW 3/4 or Merc C/E, bring it down to BLR, re-register and claim back the earlier road tax from the relevant NCR RTO?

Is it all worth it? Gut feel it is not, else we would have heard about this practice on TBHP itself.
I tried that with the Skoda RS which I bought from Mumbai

1: Need to get NOC - drove around for over a month as the original papers were held up getting the NOC. Make sure you have an efficient mechanism to obtain the NOC

2: Change of Ownership and Tax - You nee to present the car, sometimes the RTO inspector has to appear in court or similar so your time goes for a six. Next is thr assessment for road tax. I was nearly charged the same as a new RS. I luckily took the print out from dealer and argued my case.

3:Claiming back Tax - easier to get blood from a stone. Delhi and NCR, the tax is negligible.

Last edited by ajmat : 29th February 2020 at 18:19.
ajmat is offline   (2) Thanks
Old 29th February 2020, 17:59   #498
BHPian
 
Sandeep500's Avatar
 
Join Date: Sep 2019
Location: Bathinda
Posts: 183
Thanked: 316 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by ajmat View Post
3:Claiming back Tax - easier to get blood from a stone. Delhi and NCR, the tax is negligible.
Is it possible to get the tax paid as refund if you buy preowned car and transfer it to another state. How much % of tax paid is refunded by primary state where car is first registered?

Last edited by ajmat : 29th February 2020 at 18:17.
Sandeep500 is offline  
Old 1st March 2020, 20:43   #499
BHPian
 
Join Date: Aug 2014
Location: DEL, SFO
Posts: 508
Thanked: 1,337 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by itwasntme View Post
That A6 deal was a great one by BLR standards.
I beg to differ. Paying around 50% of the purchase price after 8 years is way too much. After 8 years you should not pay more than 25% of the price. Such a vehicle in Delhi wouldn’t fetch even 8 lakhs due to the 10 year rule. It can be a little more in Bangalore but not more than double the Delhi price. In any case, the value is in the eyes of the buyer. If he or she is happy with the purchase then any price is justified.
Lobogris is offline  
Old 2nd March 2020, 06:20   #500
Senior - BHPian
 
itwasntme's Avatar
 
Join Date: May 2007
Location: BANGALORE
Posts: 4,264
Thanked: 5,096 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by Lobogris View Post
I beg to differ. Paying around 50% of the purchase price after 8 years is way too much. After 8 years you should not pay more than 25% of the price. Such a vehicle in Delhi wouldn’t fetch even 8 lakhs due to the 10 year rule. It can be a little more in Bangalore but not more than double the Delhi price. In any case, the value is in the eyes of the buyer. If he or she is happy with the purchase then any price is justified.
You've made your point . However, as others have pointed out, there is simply no rationale in comparing BLR & DEL prices. Even if you leave aside the 10 year rule, the sheer supply of luxury vehicles in DEL is enormous as well as the depth of the second-hand market.

Just as an example based on a cursory search, there are only 20 A6s listed on Carwale in BLR compared to 69 in DEL! Do keep in mind that there is a lot of latent demand in BLR for such vehicles - just that we don't get the excellent prices enjoyed in DEL .
itwasntme is offline   (1) Thanks
Old 2nd March 2020, 13:21   #501
BHPian
 
Join Date: Jul 2016
Location: Hyderabad
Posts: 883
Thanked: 1,069 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by itwasntme View Post
Have a query: How difficult or worthwhile is it to buy a NCR-registered solidly known and vouched-for luxury vehicle like a BMW 3/4 or Merc C/E,
...
Is it all worth it? Gut feel it is not, else we would have heard about this practice on TBHP itself.
Most luxury vehicles in Hyderabad that I spot are either DL or PY registered. In some cases the deals are so sweet that there would be a good saving of 2-5L even after paying the road tax and getting re-registered in an another state and without even factoring any tax refund from the previously registered RTO.

In short, if I am in the market for a luxury car I would rather make friends and trust a Bhpian from Delhi and take his help in buying a car from Delhi if it saves a moolah after considering the re-registration charges.
jetsetgo08 is offline   (1) Thanks
Old 2nd March 2020, 13:45   #502
BHPian
 
revvharder's Avatar
 
Join Date: Feb 2018
Location: GZB
Posts: 137
Thanked: 452 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by jetsetgo08 View Post
In short, if I am in the market for a luxury car I would rather make friends and trust a Bhpian from Delhi and take his help in buying a car from Delhi if it saves a moolah after considering the re-registration charges.
Now no-one needs to keep running around agents in the RTO, everything is online and hassle free unlike earlier when the leaves from a tree won't fall without asking the agent
revvharder is offline   (1) Thanks
Old 11th June 2020, 19:18   #503
BHPian
 
nkapoor777's Avatar
 
Join Date: Nov 2006
Location: New Delhi
Posts: 597
Thanked: 116 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by Sandeep500 View Post
Is it possible to get the tax paid as refund if you buy preowned car and transfer it to another state. How much % of tax paid is refunded by primary state where car is first registered?
No only the first owner can claim road tax refund. And that too if the car is being transferred to another state by the first owner itself after showing proof of tax paid in the new state of registration. Any change in ownership and this option goes out of the window.
nkapoor777 is offline  
Old 11th June 2020, 21:57   #504
Senior - BHPian
 
kpzen's Avatar
 
Join Date: Oct 2004
Location: Faridabad
Posts: 5,587
Thanked: 1,813 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

Quote:
Originally Posted by ajmat View Post

2: Change of Ownership and Tax - You nee to present the car, sometimes the RTO inspector has to appear in court or similar so your time goes for a six. Next is thr assessment for road tax. I was nearly charged the same as a new RS. I luckily took the print out from dealer and argued my case.

.
Hi Ajit,
Could you please elaborate on the Road tax part and the print out.
What I learnt here in Bangalore is that they consider the Invoice value of car + VAT 14% and based on that they calculate the tax on pro rata basis.
kpzen is offline  
Old 5th December 2020, 02:42   #505
Newbie
 
four.bytes's Avatar
 
Join Date: Aug 2009
Location: Bangalore
Posts: 24
Thanked: 0 Times
Default Re: ARTICLE: The Beauty of Lateral Upgrades (Getting MORE CAR for LESS $$$)

I'm seeing some ads for 2011,2012 Mercedes C Class 200 for 8L in Kolkata.
How advisable is this price? Kolkata has a rule of paying taxes every 5 yrs.
How much would be the annual maintenance charges?
I'm a frugal person but a car enthusiast as well, this seems to be my chance.
But I'm wary that I might be missing some angle.
four.bytes is offline  
Reply

Most Viewed
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Copyright ©2000 - 2020, Team-BHP.com
Proudly powered by E2E Networks