Quote:
Originally Posted by samyakmodi though no matter how great the deal looks while buying a used car, there is a snag here. let's say i want to sell my OHC(which i have no intentions) and upgrade, the next alternatives are the new laura diesel (i have a run of about 100kms per day), or maybe the chevy cruze (though an awfully bad handler at slightly higher speeds).
if i want a lateral upgrade, then the laura is the only car in the market. and considering the new shape and the history of laura, does it really make sense going for the used one? |
No, but we have to understand that you are wanting to laterally upgrade from a petrol to a diesel. Be open to petrols and the choice is far wider. Quote:
you never know how badly abused the car is, but even if its not, you are buying a model which is already obsolete.
|
7 lakhs can get you a car that's in production, or even a discontinued model that's less obsolete than the OHC. Quote:
even that is not the point of concern. while buying a car most of us think of all the possible finance options. when u bleed every month while paying your EMIs you don't feel it as much, but when buying a used car, you have to pay upfront the entire amount OR pay almost twice the interest rate only because the car is new.
|
True. Lateral upgrading isn't for everyone; people will ready cash will get the better deal. Quote:
Originally Posted by nawabnabeel we currently have 3 cars. 2007 indica turbo, 2003 esteem and an 1986 omni. now if i want to lateral upgrade my esteem what options do i have? the vehicle has to be a diesel. the rates for 2nd hand innovas are just too high and we dont want to go in for tata or mahindra. diesel sedan will work for us but i dont think there are many options left. |
An Innova, Logan or Fiesta would be a good upgrade if you want diesel. Quote:
Originally Posted by civic-sense A lateral upgrade will be sweeter if you are selling a car with high resale value and buying one with a relatively low resale value. That is why we find GTOs upgrade really sweet. Civic does not have a very good resale value compared to City. My lateral upgrade was not too sweet as I upgraded from an Optra to a Civic. |
Two considerations here:
1. Any car that costs over 10 lakh depreciates quicker than one that's under. Reason = slimmer market. That's why we have a BHPian who bought a <10,000 kms run 2 year old Accord V6 for 10.xx lakhs.
2. The Optra is a depreciation dud. If you aren't getting a reasonable price for the Optra, better to retain. That's what I tell Rudra who owns an immaculate 5 year old Optra. Quote:
My first car was a new one, and after that I bought three used cars. Having tasted used car delas, I am sure, I am not going to buy anything new for a long time to come. Unless I become a multi-millionaire, perhaps. |
Likewise . I don't suppose I'm buying new for a long time to come either. Quote:
Originally Posted by mh09ad5578 i don't know if you would call this a good deal. Eight months back i brought a august 2005 model Santro XL (AC+PS) for 2.25 lacs. The car was in exceptional condition only 16k on the odo-scratch less. (everyone thought it was a new car....except when they enquired about the price). It had most of the common accessories (covers, matts, CD player, central/remote locking etc.) I am pretty happy with the car-(already clocked 36k on the odo)-lots of trips and daily commute, so my question is |
As long as you are happy with the car, that's what counts. And the Santro is a massive upgrade over the Maruti 800 indeed! |