Should i go for this Palio?

dr_aryan · 10th October 2007, 15:10

it looks a ok car but seems overprised. bargain for anything between 1.2-1.5 lacks. if you get it at this price its ok, otherwise palio1.1 sle is coming for just 3.5 lacks after the discounts!

msharma_79 · 10th October 2007, 15:23

no no no and no again. car is way over priced and has problems also.
still believe age old method, if you can not understand it then let it go man.
by the way how are you planning to buy this car. all cash or car loan.
i mean if you got some money to pay intially and you are a palio then go for the new ones.

there is always a risk in buying an old car.

pawan_pullarwar · 10th October 2007, 15:27

Max you should pay is 1.2 lack

pitchucold · 10th October 2007, 16:20

hey buddy,

I recently almost decided to buy 1.9 ELX D. They were quoting 2.73 Lakhs, which i felt is high for the car. But the car condition was excellent.
Dealer even showed me the service record. :(

I took this car to Concorde showroom in Chennai to get it evaluated. I guess u can do the same in Bang.

Call them up fix an apponitment and take car in mornings. I guess service guys wd like to ride for an hour to check if the car is getting overheated or AC comp has got any issues.....both may cost u lot of money........

One more observation..are u going on a loan or ccash.......if loan i guess it makes more sense to go for new car as EMI is gonig to remain almost the same.

Cheers

PRasanna KV

Daddy · 10th October 2007, 16:41

@praveencr85,
thanks for the link..useful info there.

@msharma_79,
I had taken a loan aleady for some other purpose which i couldnt make use of it..hence i am putting that in a car.
I want only a Palio and my budget is 2 lac.

@pawan_pullarwar/tsk1979/rohan_fonseca
I dont mind asking that car for 1.2 lac to the owner..

but the prob is that, here in blr people buy everything on any rate that is been asked..this palio is offered for 2.75 lac and i brought it down to 2.2 lac. Whether i buy it or not they dont really bother..some or other uncle will sure buy it happily for anything around 2.5 without knowing abt any issues the car has.

let me check more options guys..i am not in a rush anyways.
thanks for your valuable inputs.

Ravi Yadav · 10th October 2007, 17:25

My friend recently bought a palio 1.2 ,2002 model with 60k on the odometer.It had cost him 1.3L .He bought it from a dealer.So the amount must have included his commission also.The best price would be around 85K.

tsk1979 · 11th October 2007, 16:06

Quote:

Originally Posted by Daddy

but the prob is that, here in blr people buy everything on any rate that is been asked..this palio is offered for 2.75 lac and i brought it down to 2.2 lac. Whether i buy it or not they dont really bother..some or other uncle will sure buy it happily for anything around 2.5 without knowing abt any issues the car has.

thanks buddy you make me happy.
I have a 2002 model indica DLS, BLR registered. I guess if I put an asking price of 25 lakhs somebody will bring it down to 12 and then I can afford a safari VX

On a more serious note, it does not matter what one asks. All that matters is what its worth.
You have a car which
1. Makes disaster seem like an understatement when you talk about resale market
2. Has known problems(seals, gbox and what not)

The asking price of the car is just 20% lower than the price of a brand new version of the same model.

Daddy · 11th October 2007, 16:07

dr_aryan,
i am interested with a Palio mainly for the power and the handling it offers.
1.1 being under powered for the weight it has, i am afraid if i would be satisfied with it.
Ideally speaking, 1.6 is what i should go for..but i am not considering it bcz, either i dont want to trust 1.6 ones which are coming for resale or i still have an eye on the mileage.
Used 1.2 looks like a safer choice.

Daddy · 11th October 2007, 16:21

//thanks buddy you make me happy.
I have a 2002 model indica DLS, BLR registered. I guess if I put an asking price of 25 lakhs somebody will bring it down to 12 and then I can afford a safari VX

//

Few of the used car show rooms i saw have enough of Indicas. I doubt your car will get a parking.

//
1. Makes disaster seem like an understatement when you talk about resale market
2. Has known problems(seals, gbox and what not)
//

I have not yet paid my money and i am going through all these details as i am new to this. thats one of the reasons i am here :-)
certainly i am not considering this particular Palio as of now..as i mentioned, will checkout other options.

10th October 2007, 15:10	#16
dr_aryan BANNED Join Date: May 2007 Location: luknow Posts: 54 Thanked: Once	it looks a ok car but seems overprised. bargain for anything between 1.2-1.5 lacks. if you get it at this price its ok, otherwise palio1.1 sle is coming for just 3.5 lacks after the discounts!
	() Thanks

10th October 2007, 15:23	#17
msharma_79 BHPian Join Date: Aug 2007 Location: Gurgaon Posts: 262 Thanked: 23 Times View My Garage	no no no and no again. car is way over priced and has problems also. still believe age old method, if you can not understand it then let it go man. by the way how are you planning to buy this car. all cash or car loan. i mean if you got some money to pay intially and you are a palio then go for the new ones. there is always a risk in buying an old car.
	() Thanks

10th October 2007, 15:27	#18
pawan_pullarwar BHPian Join Date: Mar 2006 Location: Pune - Now in Munich, Germany Posts: 778 Thanked: 129 Times	Max you should pay is 1.2 lack
	() Thanks

10th October 2007, 16:20	#19
pitchucold BHPian Join Date: Aug 2007 Location: CHENNAI Posts: 25 Thanked: 0 Times	hey buddy, I recently almost decided to buy 1.9 ELX D. They were quoting 2.73 Lakhs, which i felt is high for the car. But the car condition was excellent. Dealer even showed me the service record. :( I took this car to Concorde showroom in Chennai to get it evaluated. I guess u can do the same in Bang. Call them up fix an apponitment and take car in mornings. I guess service guys wd like to ride for an hour to check if the car is getting overheated or AC comp has got any issues.....both may cost u lot of money........ One more observation..are u going on a loan or ccash.......if loan i guess it makes more sense to go for new car as EMI is gonig to remain almost the same. Cheers PRasanna KV
	() Thanks

10th October 2007, 16:41	#20
Daddy BHPian Join Date: Sep 2007 Location: Bangalore Posts: 27 Thanked: 0 Times	@praveencr85, thanks for the link..useful info there. @msharma_79, I had taken a loan aleady for some other purpose which i couldnt make use of it..hence i am putting that in a car. I want only a Palio and my budget is 2 lac. @pawan_pullarwar/tsk1979/rohan_fonseca I dont mind asking that car for 1.2 lac to the owner.. but the prob is that, here in blr people buy everything on any rate that is been asked..this palio is offered for 2.75 lac and i brought it down to 2.2 lac. Whether i buy it or not they dont really bother..some or other uncle will sure buy it happily for anything around 2.5 without knowing abt any issues the car has. let me check more options guys..i am not in a rush anyways. thanks for your valuable inputs.
	() Thanks

10th October 2007, 17:25	#21
Ravi Yadav BHPian Join Date: Mar 2007 Location: UP-15 Posts: 146 Thanked: 12 Times	My friend recently bought a palio 1.2 ,2002 model with 60k on the odometer.It had cost him 1.3L .He bought it from a dealer.So the amount must have included his commission also.The best price would be around 85K.
	() Thanks

11th October 2007, 16:07	#23
Daddy BHPian Join Date: Sep 2007 Location: Bangalore Posts: 27 Thanked: 0 Times	dr_aryan, i am interested with a Palio mainly for the power and the handling it offers. 1.1 being under powered for the weight it has, i am afraid if i would be satisfied with it. Ideally speaking, 1.6 is what i should go for..but i am not considering it bcz, either i dont want to trust 1.6 ones which are coming for resale or i still have an eye on the mileage. Used 1.2 looks like a safer choice.
	() Thanks

11th October 2007, 16:21	#24
Daddy BHPian Join Date: Sep 2007 Location: Bangalore Posts: 27 Thanked: 0 Times	//thanks buddy you make me happy. I have a 2002 model indica DLS, BLR registered. I guess if I put an asking price of 25 lakhs somebody will bring it down to 12 and then I can afford a safari VX // Few of the used car show rooms i saw have enough of Indicas. I doubt your car will get a parking. // 1. Makes disaster seem like an understatement when you talk about resale market 2. Has known problems(seals, gbox and what not) // I have not yet paid my money and i am going through all these details as i am new to this. thats one of the reasons i am here :-) certainly i am not considering this particular Palio as of now..as i mentioned, will checkout other options.
	() Thanks