Team-BHP > The Indian Car Scene


Reply
 
Thread Tools Search this Thread
Old 18th August 2006, 11:39   #1
Team-BHP Support
 
tsk1979's Avatar
 
Join Date: Feb 2005
Location: San Jose, CA
Posts: 23,509
Thanked: 19,419 Times
Default GM getting aggressive with optra

Call it the City Effect, or Elantra price drop effect, or Verna on the horizon effect. GM is not taking it lying down.
They have unveiled a new plan for optra
3 Year 60,000kms 0 maintainance, which includes engine belt, Brake pads, engine oil and service. Not only that, there is a 3 year/45000kms buyback garuntee, whatever that means. Can somebody clarify the terms of that?
tsk1979 is offline  
Old 18th August 2006, 12:02   #2
Senior - BHPian
 
jkdas's Avatar
 
Join Date: Sep 2005
Location: Thiruvananthapu
Posts: 9,684
Thanked: 1,465 Times
Default

warranty for car??? or just the parts?
jkdas is offline  
Old 18th August 2006, 12:03   #3
Senior - BHPian
 
kutlee's Avatar
 
Join Date: Jul 2005
Location: Hyderabad
Posts: 1,139
Thanked: 224 Times
Default

3 years maintenance is too good. but i have seen in some post that there is 20% dep each year for the buy back guarantee. There is defenitely some catch there!
kutlee is offline  
Old 18th August 2006, 16:37   #4
Senior - BHPian
 
sandeepmdas's Avatar
 
Join Date: Feb 2005
Location: Varkala
Posts: 1,224
Thanked: 932 Times
Default

Quote:
Originally Posted by kutlee
but i have seen in some post that there is 20% dep each year for the buy back guarantee. There is defenitely some catch there!
but isn't it the normal way for these guys (insurance, dealers, resellers whatever) to calculate...20% depreciation per on-road year?
sandeepmdas is offline  
Old 18th August 2006, 16:48   #5
BHPian
 
sary's Avatar
 
Join Date: Nov 2004
Location: Goa
Posts: 209
Thanked: 27 Times
Default

I guess there is a Trap behind that... one really needs to experience this 3 yrs extended service to belive it.
sary is offline  
Old 19th August 2006, 02:40   #6
BANNED
 
hellspawn's Avatar
 
Join Date: Jul 2005
Location: noida
Posts: 1,686
Thanked: 7 Times
Infractions: 0/1 (10)
Default

the scheme is something like if the car hasnt crossed three years and hasnt done more than 45000kms the owner can choose to sell the car back to the company.dont know abou the depreciation rate.
hellspawn is offline  
Old 19th August 2006, 05:19   #7
BHPian
 
THE-U-'s Avatar
 
Join Date: Jul 2006
Location: Miami, FL
Posts: 225
Thanked: 16 Times
Default

Quote:
Originally Posted by hellspawn
the scheme is something like if the car hasnt crossed three years and hasnt done more than 45000kms the owner can choose to sell the car back to the company.dont know abou the depreciation rate.
That does sound attractive. Its more like a lease, but all depends on what depreciation rate they use. How many are they selling a year at this point?
THE-U- 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