[GTO]

Aha, I was wondering where all the Ford specials got lost. Anyone remember the Ford Escort deals? I swear there were more "special edition" escorts on the road than regular. 5.55 L ex-thane would work about to low 6's on the road. That is definitely a steal for a car that's great to drive. My best friend got one of the last Ikon 1.6's for 5.8 lacs OTR (IIRC). And that was 3 years back!

[narayan]

Originally Posted by GTO

My best friend got one of the last Ikon 1.6's for 5.8 lacs OTR (IIRC). And that was 3 years back!

the IKon 1.6 at one time was selling at similar price level to the OHC TYPE 1 ( nearly 8.5 lakhs )

no matter how much you bash Honda ( and i have done that to good measure too ) - you cant deny the fact that their pricing policy in India has been one of the key contributors to the continued patronage for their cars

[frankmehta]

the fiesta is anyways the sweetest driver's car this side of 12 lacs (that is really saying something) and this deal makes it sweeter. dad is really not keen on taking the plunge right now but if i were him, i would be standing with the cheque in the queue (which would be really long by now!)

[nkapoor777]

Any idea if the prices for the variants have been revised? Maybe to a lesser extent than the advertised Limited edition.

[marathp]

I was offered a cool 7.09 L on road for a Fiesta P Zxi model in Bangalore with corporate discounts. I was watching it for last 6 months and every month they are dropping price. From 7.3 onroad in Feb to 7.2 onroad in Apr and now 7.09. Will they reduce it further?

What do you suggest? Is it a good VFM at this price? Is it better to wait and see for new models or additional features at this price? Will I be buying a "about to phase out" model? I want to keep the vehicle for at least next 5-6 years.

[Gagan.js]

I would suggest you wait to see what happens when this limited edition offer is over

with American cars its a buyers regret. You always feel cheated no matter how good of a deal you got. Soon as you leave the showroom you feel " May be tomorow there shall be a higher discount" Pricing in India is still good. Has anyone tried buying a Ford/Chevvy/GM in US? its the same feeling I am getting now. BTW i saw a white fiesta smoking white gas fumes. The tuk tuk i was sitting in blew less.

[arin_12]

I dont know if this theory works here too...
As the time goes the Company get more closer to the Break Even Point (R & D Cost). So it is obvious to give more discount on those model. Take the example of a Mobile ph too. When it gets launch it, 3-4 months will be max, then cost start falling gradually.
I think the Indian Car company are now getting the voice "Why car in India is so costly"

[devarshi84]

Originally Posted by narayan

the IKon 1.6 at one time was selling at similar price level to the OHC TYPE 1 ( nearly 8.5 lakhs )

no matter how much you bash Honda ( and i have done that to good measure too ) - you cant deny the fact that their pricing policy in India has been one of the key contributors to the continued patronage for their cars

Excellent products with no advantages passed to the consumers, whatsover. A 14 lac something CR-V now redesigned to sell at 21. Accords which used to sell at 13-14 now have a premium of about 5 lacs. Yes Honda is,was and will be a great company with great value.

Ford is crap even though they have the best driver's car in its class below 10lacs. Even though they give the best values possible to the customer. How can Ford ever be a good company? never.

[dipen]

Originally Posted by narayan

the IKon 1.6 at one time was selling at similar price level to the OHC TYPE 1 ( nearly 8.5 lakhs )

A little closer figures:
I know 3 people who bought the below cars in 2001.
- 1.6 Ikon ZXI : 7.00 on road Thane reg
- 1.6 Ikon SXI : 7.90 on road Thane reg
- 1.3 Honda City 1.3 DX : 7.55 on road Thane reg. This could be early 2002.
The City 1.5 EXI was about a lakh dearer and the Vtec about 1.90 more than the 1.3.

[joy_swift]

Originally Posted by marathp

What do you suggest? Is it a good VFM at this price? Is it better to wait and see for new models or additional features at this price? Will I be buying a "about to phase out" model? I want to keep the vehicle for at least next 5-6 years.

Its now the best VFM car you would fine esp with the huge discounts

But the new Fiesta will come anytime in end 2010 or early 2011,so if you want to keep the car for the next 5-6 years,I would suggest to either wait or go for a fresher model like the Linea.

[lamborghini]

@joy swift: the new fiesta will not be replacing the current one.

[tarunmadhok]

They did this last time also. I had been to the dealer last time when they were offering heavy discount. But I was told that all stock was sold (Please not that I had been to the dealer 1 day after the Ad had come up in news paper). In the end they try selling Ikon. I think this is all sales gimmick.

[highsteem]

I am not sure if this is how it works out, but if anybody has any idea, pls shares the info. I am a car manufacturer and I have come out with this new car. I know people are ready to pay the full amount and hence I can make 30% profit (lets say). Then I also know that I need to reduce the price in March end, October end and year end. So I start sorting out my cars with quality check or by some other means. I make sure it is not very obvious to the customers (like seconds sales). And also I am working on means to reduce the cost of certain components. So when I know that I need to give discount (any way) I will tell the showroom people, listen you can sell only these cars during these times and the good ones during regular time!! So all in all my 30% is guaranteed!!

We know that the manufacturers are not here for lesser profit and we also know that they are not successful in volume game any more. I understand the value depreciation very well but not able to understand how do they make sure they get the required profit with these discounts game? Am I going to get an inferior car when I go for these discount sales? I am not able to understand this point!!

[xPK]

Originally Posted by tarunmadhok

They did this last time also. I had been to the dealer last time when they were offering heavy discount. But I was told that all stock was sold (Please not that I had been to the dealer 1 day after the Ad had come up in news paper). In the end they try selling Ikon. I think this is all sales gimmick.

Never thought on those lines. But definitely makes sense