![]() | #106 |
BHPian ![]() Join Date: Nov 2008 Location: New Delhi
Posts: 277
Thanked: 135 Times
| ![]() I did try negotiating with the dealer at first, but he had this attitude of "either you buy the car or you walk off , there are a number of used car dealers ready to buy the car at a higher price than you quoted", which obviously was a negative to start with. Then the whole idea of spending about 1.5 million on a 3 year old demo car started to feel unappealing. Secondly a week later i got this news of the dealership getting shut down, which made me lose confidence on the overall deal. Finally, walked off. |
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![]() | #107 |
BHPian ![]() Join Date: Aug 2012 Location: New Delhi
Posts: 105
Thanked: 466 Times
| ![]() Indeed the right call that you took. You should thank your mighty stars! 40k is a lot of mileage for all sorts of people to have tried their hands at and abused the car. In general as well, unless getting a really honest and transparent deal on a Demo vehicle, it's just better to skip and look elsewhere in the used car space to buy a pre-worshipped and well kept one. |
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![]() | #108 |
BHPian ![]() Join Date: Oct 2012 Location: New Delhi
Posts: 94
Thanked: 387 Times
| ![]() Hello experts, I have a query here. Is it a good idea to buy a used demo car from a dealer? The car in question here is a Fortuner 4*4 AT. It's 1.5 years old, (have decoded the VIN already) and has clocked about 24000 kms. The dealer has been very honest so far about the happenings with this car. One of the rear doors was repainted and there are a few other minor scratches here and there. The test drive was satisfying to me. They even opened the service history on their internal software and their story about the repairs matches. I have also contacted the insurance company and they will be sending a claim report in another 2-3 hrs. There is about 6 months of warranty left on the vehicle and they are offering another 2 years of company warranty. 1. Should I consider this purchase or should I walk away? 2. Their asking price is in the ballpark of 26 lacs. And I think there isnt much scope of bargaining below 25 lacs. Is this a good deal? |
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![]() | #109 | |
BHPian ![]() Join Date: Aug 2016 Location: -
Posts: 115
Thanked: 295 Times
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![]() | #110 | |
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![]() | #111 | |
Distinguished - BHPian ![]() ![]() Join Date: Sep 2010 Location: Delhi
Posts: 5,396
Thanked: 6,976 Times
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Try squeezing them a bit more and if you can get the price reduced to 22-23L then it would be a real VFM deal. BTW at 26L or a bit more, you might get a similar specced Fortuner in the used car market too. Last edited by drmohitg : 2nd September 2016 at 14:15. | |
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![]() | #112 | |||
BHPian ![]() Join Date: Oct 2012 Location: New Delhi
Posts: 94
Thanked: 387 Times
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![]() I would be the second owner, since its a properly registered vehicle (in the name of the dealership). The car is genuine and there is no evident wear and tear. I think I will try and bargain hard here to get the best possible price. | |||
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![]() | #113 |
Distinguished - BHPian ![]() ![]() Join Date: Sep 2010 Location: Delhi
Posts: 5,396
Thanked: 6,976 Times
| ![]() Precisely what I am saying. A Fortuner costing 34L OTR will not go for 18-19L as suggested by few members. I feel it is a good deal if you are keen to buy a Fortuner. My suggestion is to go ahead with the vehicle. And anyhow this is one of the most rugged SUVs in our market. |
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![]() | #114 | |
BHPian ![]() Join Date: Oct 2012 Location: New Delhi
Posts: 94
Thanked: 387 Times
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![]() | #115 |
BHPian Join Date: Aug 2016 Location: S'pore\Kolkata
Posts: 102
Thanked: 134 Times
| ![]() Volvo kolkata has given the following ad in today's newspaper. Some of them may not be a bad deal. |
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![]() | #116 |
BHPian Join Date: Sep 2011 Location: Delhi
Posts: 120
Thanked: 272 Times
| ![]() I am in a dilemma and hope to get some guidance. Well, a dealer is offering me a a Demo car at 8.5 Lakhs -
Since this is unregistered, my on road cost will come up to 9.6-9.7 Lakhs. The second hand market is offering similar vehicles at 7.0 to 8.0 Lakhs. At this point I am willing to pay 7.0 Lakhs on road considering this will be much abused, but also well maintained and less chance of being accidental/with major issues vs a used car dealer. Is this a fair thought or should I rather buy it from the used car market? |
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![]() | #117 |
Distinguished - BHPian ![]() Join Date: Sep 2010 Location: All over!
Posts: 5,415
Thanked: 8,980 Times
| ![]() Wow; this is quite an awful deal. Walk/run away. A 3 year-old "demo" car has been through every possible abuse. First of all, you'd get a pre-owned AT under 8.5 lakhs so it's not even like this is a good financial deal. To top it, when you buy through the used car market, you can be better aware of how the car has been used/maintained. |
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![]() | #118 | |
BHPian ![]() | ![]() Quote:
If you do find it appealing post these checks, I strongly suggest you bargain further. I think an OTR of 9 lakhs or below would be a great deal. Don't be too liberal when it comes to bargaining. This is a pre-facelift model and no one will be interested in it now. The ball is in your court. All the best! | |
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![]() | #119 | |
BANNED Join Date: Jun 2009 Location: Bangalore
Posts: 4,287
Thanked: 2,763 Times
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I would suggest you look for a well maintained, single owner driven vehicle and buy it. | |
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![]() | #120 |
BHPian Join Date: Sep 2011 Location: Delhi
Posts: 120
Thanked: 272 Times
| ![]() I had a further chat with the SA and he told me there is no warranty on the car given that company offered 2 year warranty is long over. He has promised to get back to me if dealer can offer any warranty or I can buy an extended warranty. On the brighter side he said the price is actually 7.75 Lakhs OTR, the earlier communication was due to some mistake at their end. I have a feeling I can bring it down to whereabouts of 7.25 -7.50 Lakhs. I will meet him in couple of days and will check service history etc., but I want to make up my mind if it's worth buying at 7.25 - 7.50 Lakhs. True, I can see get it in the second hand market for same price, but then I am not sure what they are selling me - it might be a 80K run car being sold as 30K run. I will trust a Ford dealer more than a generic second hand car dealer |
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