Used car price statistics : How much did you buy / sell yours for?

KumaravelS · 23rd June 2011, 15:48

Bought Nov, 2008 Honda Civic Hybrid

- Age : 3 years old
- Kms : 30,200
- Price : 8L. New costed 21.5 showroom at launch, July 2008. Reduced the price to 13.65, showroom in Nov 2008, and then stopped.
- Am 3rd owner, Second owner bought it in Dec 2009 (around 12.5 L I guess based on the loan) at around 14,000 km

vina · 24th June 2011, 00:42

Quote:

Originally Posted by KumaravelS

Bought Nov, 2008 Honda Civic Hybrid

- Age : 3 years old
- Kms : 30,200
- Price : 8L. New costed 21.5 showroom at launch, July 2008. Reduced the price to 13.65, showroom in Nov 2008, and then stopped.
- Am 3rd owner, Second owner bought it in Dec 2009 (around 12.5 L I guess based on the loan) at around 14,000 km

21.5 to 13.65 in 5 months ! that to ex-showroom !

rosh_aveo1.4 · 24th June 2011, 02:12

Here's my sale and purchase over the years:

Bought 2007 Cheverolet Optra in 2010
- Age : 3 years
- Kms : 27,000
- Price : 4.5 lakhs. New cost = 8 lakh approx (I think)
- Would I go back and buy this car again? Yes!

Sold 2001 Hyundai Accent GLS in 2010
- Age : 9 years
- Kms : 76,000 approx
- Price : 1.5 lakhs.
- Sold to dealer who sold the Optra to me, just paid the difference for the Optra i.e. 3 Lakhs

Bought 2003 Old Honda City Automatic in 2011
- Age : 8 years
- Kms : 97,000
- Price : 2.80 lakhs. New cost = 8 lakh approx (I think)
- Would I go back and buy this car again? Yes!

SmartCat · 24th June 2011, 10:42

Quote:

Originally Posted by KumaravelS

Bought Nov, 2008 Honda Civic Hybrid

- Age : 3 years old
- Kms : 30,200
- Price : 8L. New costed 21.5 showroom at launch, July 2008. Reduced the price to 13.65, showroom in Nov 2008, and then stopped.
- Am 3rd owner, Second owner bought it in Dec 2009 (around 12.5 L I guess based on the loan) at around 14,000 km

Why is the resale value of Civic Hybrid so low? Does it require replacement of batteries every X years?

Jeep · 24th June 2011, 10:46

Yesterday, bought Sep 2009 Alto VXi in Kochi 10 k kms run for Rs 2.36 lakhs

infotech58 · 24th June 2011, 12:03

Bought Nov-2002 Old Honda City Vtec in 2011
- Age : 9 years
- Kms : 57,000
- Price : 2.35 lakhs. (including insurance and ownership transfer cost)
- Would I go back and buy this car again? Yes!

KumaravelS · 24th June 2011, 17:27

Quote:

Originally Posted by smartcat

Why is the resale value of Civic Hybrid so low? Does it require replacement of batteries every X years?

Am penning a test drive / ownership report. I would take couple of weeks to have a good understanding about the hybrid. Meanwhile I would use the price check thread http://www.team-bhp.com/forum/indian...hread-205.html to answer questions

rvmohankumar · 30th June 2011, 13:10

Hi guys,

I just sold my beloved 1996 Esteem.( Its now 1,30,000 on the ODO )

http://classifieds.team-bhp.com/buy-...i/Esteem.html/

This car had served me well for 5 years and in the last 5 years it clocked more than 70k on the Odo.

Me and my friends and family members shared lots of good times in this car. My main reason for selling this car was that it was not being used anymore since I purchased one more car for family use. And I did not wish to see it gathering dust in the garage.
I wish the new owner happy ownership and trouble free more miles from this car.
Before i handed over the car a few things which i added/Got done.

1) New set of tyres for front ( Vee runner-Thailand make-2100 each)
2) Complete service,All lubes top up
3) Fitness certificate ( Cost me 1 day leave and 800 rs )
4) Wheel alignment
5) 1 parking lamp buld replacement
6) Remote battery for music player

6 months back i had got the front windsheild replaced and added new battery also.

Now the interesting part is.... The new owner happens to be my neighbour by accident. Yes, he had seen the ad in the internet and came to see the car. When i told him my house address he mentioned that he is soon going to shift to a rented house in the same road.

Well my car is in front my sight always and i am not going to miss it.

I had advertised in a few websites including TBHP classifieds. Got many enquires and many people test drove the car and said its a good car. But negotiated very badly ( humiliating ).
My AC mechanic, Sticker shop guy, and some others offered 50k.

Went to Kalyani motors for exchange and they quoted 40k. I got offers upto 65k and 75k from some buyers. But finally i settled for 80K with this new owner. Some people may feel its overpriced, but please show me a similar car at this price and let me see.

raj_srini · 30th June 2011, 16:30

rvmohankumar - Many congratulations on the sale. I must say you got a good price. Honestly, I did not know that the difference between the dealers and individuals could be this high. E.g. I got quotes of upto 45K for my 2003 Corsa and I sold it to an individual at 55K (in hindsight, I think I got the pricing wrong)

Good luck to you.

jk007 · 2nd July 2011, 22:34

Sold 2003 Hyundai Accent CRDi
- Age : 7.5 years
- Kms : 55,000
- Price : 2.45 lakhs (New car price when bought: 8 Lakhs approx)
Would I go back and buy this car again? Yes!

Accessories: Stanley Leather, Spoiler, Alloys

Zero Cool · 3rd July 2011, 02:24

Last year I sold my Accent viva crdi

2005
110000kms
2.10 lakhs

kevintomin · 7th July 2011, 09:18

Sold 2006 Suzuki Swift VDi

- Kms : 50,000
- Price : 4.25 lakhs
(New car price when bought: 4.97 Lakhs ex-showroom Kochi)

Would I go back and buy this car again? Yes!

Accessories: Alloys

diffsoft · 7th July 2011, 11:52

Model, Variant & Color : M 800 (with AC), Green, 1997 model

First ownership Date : About June 1997, iirc

Then I bought this car at this stage below

Second ownership Date, Mileage, Price : Nov 2000, about 15,000 kms+ on the odo iirc, Rs 157,000

I sold this car at this stage below

Third Ownership Date, Mileage, Price : Dec 2007, about 59,000 kms on the odo, Rs 50,000

Brief Quantitative and qualitative comment:

M800 started giving problems after her 4th year with annualized spend of atleast 8000 - 10,000. She served us well on highways and in the city with decent mileage. However started feeling unsafe with the car, driving in rains became difficult with poor night lighting and road visibility. Decided to sell after a near brush.

Sold for Rs 50,000 to a known person although had a market offer for Rs 60,000...

Will not buy it again because I feel it's not a safe car, though had very memorable experiences with her.

Cheers,

DukeSan27 · 7th July 2011, 13:53

Sold 2004 (NHC) Honda City GXI CVT

- Age : 7 years
- Kms : 64,000
- Price : 3.80 lakhs (Orinignally paid 8.70 lakhs)

manoj_joseph78 · 8th July 2011, 10:45

Honda Civic S-AT 2006 Oct 38000 KM. Red Color.

There are scratches around, interior needs thorough cleaning, mat have go for new seat covers and trims. Tryes needs replacement in another 2K. Battery is one year old.

Bought for 5.75L plus 1% commission to dealer.

23rd June 2011, 15:48	#91
KumaravelS BHPian Join Date: Oct 2010 Location: Bangalore Posts: 98 Thanked: 23 Times	Upgraded to Civic Hybrid Bought Nov, 2008 Honda Civic Hybrid - Age : 3 years old - Kms : 30,200 - Price : 8L. New costed 21.5 showroom at launch, July 2008. Reduced the price to 13.65, showroom in Nov 2008, and then stopped. - Am 3rd owner, Second owner bought it in Dec 2009 (around 12.5 L I guess based on the loan) at around 14,000 km
	() Thanks

24th June 2011, 02:12	#93
rosh_aveo1.4 BHPian Join Date: Apr 2007 Location: Cochin, Kerala Posts: 678 Thanked: 577 Times View My Garage	Re: Used car price statistics : How much did you buy / sell yours for? Here's my sale and purchase over the years: Bought 2007 Cheverolet Optra in 2010 - Age : 3 years - Kms : 27,000 - Price : 4.5 lakhs. New cost = 8 lakh approx (I think) - Would I go back and buy this car again? Yes! Sold 2001 Hyundai Accent GLS in 2010 - Age : 9 years - Kms : 76,000 approx - Price : 1.5 lakhs. - Sold to dealer who sold the Optra to me, just paid the difference for the Optra i.e. 3 Lakhs Bought 2003 Old Honda City Automatic in 2011 - Age : 8 years - Kms : 97,000 - Price : 2.80 lakhs. New cost = 8 lakh approx (I think) - Would I go back and buy this car again? Yes! Last edited by rosh_aveo1.4 : 24th June 2011 at 02:18.
	() Thanks

24th June 2011, 10:46	#95
Jeep BHPian Join Date: Nov 2006 Location: London Posts: 438 Thanked: 67 Times	Re: Used car price statistics : How much did you buy / sell yours for? Yesterday, bought Sep 2009 Alto VXi in Kochi 10 k kms run for Rs 2.36 lakhs
	() Thanks

24th June 2011, 12:03	#96
infotech58 BHPian Join Date: Dec 2009 Location: Toronto Posts: 652 Thanked: 255 Times View My Garage	Re: Used car price statistics : How much did you buy / sell yours for? Bought Nov-2002 Old Honda City Vtec in 2011 - Age : 9 years - Kms : 57,000 - Price : 2.35 lakhs. (including insurance and ownership transfer cost) - Would I go back and buy this car again? Yes!
	() Thanks

30th June 2011, 13:10	#98
rvmohankumar BHPian Join Date: Dec 2008 Location: bangalore Posts: 77 Thanked: 13 Times View My Garage	My old war horse now serves new owner Hi guys, I just sold my beloved 1996 Esteem.( Its now 1,30,000 on the ODO ) http://classifieds.team-bhp.com/buy-...i/Esteem.html/ This car had served me well for 5 years and in the last 5 years it clocked more than 70k on the Odo. Me and my friends and family members shared lots of good times in this car. My main reason for selling this car was that it was not being used anymore since I purchased one more car for family use. And I did not wish to see it gathering dust in the garage. I wish the new owner happy ownership and trouble free more miles from this car. Before i handed over the car a few things which i added/Got done. 1) New set of tyres for front ( Vee runner-Thailand make-2100 each) 2) Complete service,All lubes top up 3) Fitness certificate ( Cost me 1 day leave and 800 rs ) 4) Wheel alignment 5) 1 parking lamp buld replacement 6) Remote battery for music player 6 months back i had got the front windsheild replaced and added new battery also. Now the interesting part is.... The new owner happens to be my neighbour by accident. Yes, he had seen the ad in the internet and came to see the car. When i told him my house address he mentioned that he is soon going to shift to a rented house in the same road. Well my car is in front my sight always and i am not going to miss it. I had advertised in a few websites including TBHP classifieds. Got many enquires and many people test drove the car and said its a good car. But negotiated very badly ( humiliating ). My AC mechanic, Sticker shop guy, and some others offered 50k. Went to Kalyani motors for exchange and they quoted 40k. I got offers upto 65k and 75k from some buyers. But finally i settled for 80K with this new owner. Some people may feel its overpriced, but please show me a similar car at this price and let me see. Last edited by rvmohankumar : 30th June 2011 at 13:13.
	() Thanks

30th June 2011, 16:30	#99
raj_srini BHPian Join Date: Jun 2011 Location: Delhi Posts: 145 Thanked: 19 Times	Re: My old war horse now serves new owner rvmohankumar - Many congratulations on the sale. I must say you got a good price. Honestly, I did not know that the difference between the dealers and individuals could be this high. E.g. I got quotes of upto 45K for my 2003 Corsa and I sold it to an individual at 55K (in hindsight, I think I got the pricing wrong) Good luck to you.
	() Thanks

2nd July 2011, 22:34	#100
jk007 BHPian Join Date: Jun 2011 Location: Chennai Posts: 63 Thanked: 5 Times	Re: Used car price statistics : How much did you buy / sell yours for? Sold 2003 Hyundai Accent CRDi - Age : 7.5 years - Kms : 55,000 - Price : 2.45 lakhs (New car price when bought: 8 Lakhs approx) Would I go back and buy this car again? Yes! Accessories: Stanley Leather, Spoiler, Alloys
	() Thanks

3rd July 2011, 02:24	#101
Zero Cool BHPian Join Date: Feb 2010 Location: Gurgaon Posts: 202 Thanked: 6 Times	Re: Used car price statistics : How much did you buy / sell yours for? Last year I sold my Accent viva crdi 2005 110000kms 2.10 lakhs
	() Thanks

7th July 2011, 09:18	#102
kevintomin BHPian Join Date: Oct 2009 Location: Singapore/ Kochi Posts: 57 Thanked: 28 Times	Re: Used car price statistics : How much did you buy / sell yours for? Sold 2006 Suzuki Swift VDi - Kms : 50,000 - Price : 4.25 lakhs (New car price when bought: 4.97 Lakhs ex-showroom Kochi) Would I go back and buy this car again? Yes! Accessories: Alloys
	() Thanks

7th July 2011, 11:52	#103
diffsoft BHPian Join Date: Nov 2007 Location: Bangalore Posts: 773 Thanked: 404 Times	Re: Used car price statistics : How much did you buy / sell yours for? Model, Variant & Color : M 800 (with AC), Green, 1997 model First ownership Date : About June 1997, iirc Then I bought this car at this stage below Second ownership Date, Mileage, Price : Nov 2000, about 15,000 kms+ on the odo iirc, Rs 157,000 I sold this car at this stage below Third Ownership Date, Mileage, Price : Dec 2007, about 59,000 kms on the odo, Rs 50,000 Brief Quantitative and qualitative comment: M800 started giving problems after her 4th year with annualized spend of atleast 8000 - 10,000. She served us well on highways and in the city with decent mileage. However started feeling unsafe with the car, driving in rains became difficult with poor night lighting and road visibility. Decided to sell after a near brush. Sold for Rs 50,000 to a known person although had a market offer for Rs 60,000... Will not buy it again because I feel it's not a safe car, though had very memorable experiences with her. Cheers,
	() Thanks

7th July 2011, 13:53	#104
DukeSan27 BHPian Join Date: Dec 2007 Location: Bangalore Posts: 44 Thanked: 6 Times	Re: Used car price statistics : How much did you buy / sell yours for? Sold 2004 (NHC) Honda City GXI CVT - Age : 7 years - Kms : 64,000 - Price : 3.80 lakhs (Orinignally paid 8.70 lakhs)
	() Thanks

8th July 2011, 10:45	#105
manoj_joseph78 BHPian Join Date: Jun 2007 Location: Trivandrum Posts: 56 Thanked: 18 Times	Re: Used car price statistics : How much did you buy / sell yours for? Honda Civic S-AT 2006 Oct 38000 KM. Red Color. There are scratches around, interior needs thorough cleaning, mat have go for new seat covers and trims. Tryes needs replacement in another 2K. Battery is one year old. Bought for 5.75L plus 1% commission to dealer.
	() Thanks