Real value of used Maruti Zen

ece2k2 · 28th July 2009, 23:32

I am on a lookout to buy a Maruti Zen at Coimbatore for my better half. I have visited all possible dealers (including True Value stores) and have browsed all possible advertisements for spotting a cost effective used Zen. But to my surprise, whenever I find a good condition used zen, the price quoted seems to be exorbitant. For instance, a 2005 Coimbatore registered model is easily getting quoted for Rs.300000, which might have been the ex-showroom price of the car at that time. Even if we take a 2002 Zen LXi, it goes for Rs.200000 plus and even after paying this kind of premium, I am not able to find a low run zen till now (all are having more than 60000 km in the odo).

Is this pricing appropriate for a used Zen or am I being taken for a ride here ? I am not sure if this type of pricing is prevalent only in South India or everywhere. Looking at this trend, if Maruti re-launches zen, it might easily outsell its competitors. Do share your thoughts guys.

Cyrus43 · 28th July 2009, 23:40

Those prices are nonsense. I did visit a few such dealers in bombay recently, and I was shown absolute nonsense.........and the prices were actually laughable!!

RX135 · 28th July 2009, 23:45

A friend bought 2003 Zen VXi for 1.7Lakh in Pune last Sunday. He is 3rd owner of the car and earlier owner bought it for 2.3Lakh.

This was a direct purchase. My friend thinks that, this car, if bought through used car dealer, would have cost him 2.3L at least. (He had been scouting around for used car for last 3 months).

ece2k2 · 28th July 2009, 23:54

Dealers (both private and true value) at Coimbatore seems to have formed a liking towards Maruti Zen lately. This has resulted in all the available used Maruti Zen cars reaching the dealers hands in a jiffy and leaving buyers like me with only choice of relying on the dealers to find a Zen. Even if I find a one off case, where an individual is trying to sell his car directly through internet, etc..., the price is almost as high as the dealer pricing.

Willeys78 · 29th July 2009, 01:21

When i checked the price of a used, reasonably well maintained 2000 model zen in Dec07 in kerala, the asking price was 1.4 lacs. I believe kerala used car prices are some what reasonable.

simply_sunny001 · 29th July 2009, 02:18

These are totally insane prices even after considering the fact that Zen(not Estilo) has a great resale value.

but its encouraging for an existing Zen owner like me, hehe

Please be patient and continue the search and 50-60k is nothing for a Zen engine if maintained well.

prince_pervez · 29th July 2009, 08:41

FYI. True Value quoted 1.5 L for my LXi, 2004 model 46K kms run. If I were to sell it individually, I'd settle for nothing less than 1.7 L.

muralisk · 29th July 2009, 08:47

I would recommend that you need to try and get the car from the owner directly. The moment you approach any re-seller or outlet, you have overheads, which are packaged with the car price and that's where it becomes nonviable.

Think of it, the dealers will always offer lower price when buying from you and higher price when they have to sell the car after they put their badge on it. I guess, it's business.

krish3 · 29th July 2009, 08:54

There is a Maruti Tru value site which has a pricing based on condition, year, model and kms run.

My 2005 Sept Zen Lxi was quoted at 2.48 lakhs (Cochin registration, run 27k kms). Since the price seems good, I was thinking of giving to True value. So when you buy from true value ; expect a big price hike.

Give a wanted ad in paper and you will get responses from individuals as well.

prince_pervez · 29th July 2009, 09:03

Quote:

Originally Posted by krish3

There is a Maruti Tru value site which has a pricing based on condition, year, model and kms run.

My 2005 Sept Zen Lxi was quoted at 2.48 lakhs (Cochin registration, run 27k kms). Since the price seems good, I was thinking of giving to True value. So when you buy from true value ; expect a big price hike.

Give a wanted ad in paper and you will get responses from individuals as well.

@krish3. That is what the site quoted. If you go to them personally, I don't think they will quote that much. Maybe 2L. After aquiring it for 2L they will quote 2.48 to some prospective buyer

. This is the trend everywhere with all seconds dealers.

Shouldn't this be in merged with the 'Used car price list' thread.

Trapezio · 29th July 2009, 09:12

Funny I am searching for a used car from True Value. The prices, especially for Zen was consistently above 3 lakhs. Was quite disappointed and my plans are delayed...

prince_pervez · 29th July 2009, 09:16

Quote:

Originally Posted by Trapezio

Funny I am searching for a used car from True Value. The prices, especially for Zen was consistently above 3 lakhs. Was quite disappointed and my plans are delayed...

True! Zen sells like hot cakes in the Seconds market. Try getting a good one from an individual. It would be tiresome but worth it.

JVH · 29th July 2009, 09:26

Is the thread in the wrong section?

Coming to the topic, I sold my 2000 Zen VX for 1.4 lacs last year in Bangalore. I hope this helps.

prince_pervez · 29th July 2009, 09:29

Quote:

Originally Posted by JVH

Is the thread in the wrong section?

Coming to the topic, I sold my 2000 Zen VX for 1.4 lacs last year in Bangalore. I hope this helps.

Wow! That must have been some deal. Mind sharing some details, specs, kms done, extra fittings. You got a great deal for a 2000 model.

arin_12 · 29th July 2009, 09:41

Zen is overpriced in the 2nd hand market due to some typical demand that people has set in their mind. Agreed that the car was good at that time. Instead of going for 2/3 L of zen you can go easily go some other new/used vehicle.

Thank

28th July 2009, 23:32	#1
ece2k2 BHPian Join Date: Jun 2005 Location: Coimbatore Posts: 524 Thanked: 349 Times	Real value of used Maruti Zen I am on a lookout to buy a Maruti Zen at Coimbatore for my better half. I have visited all possible dealers (including True Value stores) and have browsed all possible advertisements for spotting a cost effective used Zen. But to my surprise, whenever I find a good condition used zen, the price quoted seems to be exorbitant. For instance, a 2005 Coimbatore registered model is easily getting quoted for Rs.300000, which might have been the ex-showroom price of the car at that time. Even if we take a 2002 Zen LXi, it goes for Rs.200000 plus and even after paying this kind of premium, I am not able to find a low run zen till now (all are having more than 60000 km in the odo). Is this pricing appropriate for a used Zen or am I being taken for a ride here ? I am not sure if this type of pricing is prevalent only in South India or everywhere. Looking at this trend, if Maruti re-launches zen, it might easily outsell its competitors. Do share your thoughts guys.
	() Thanks

28th July 2009, 23:40	#2
Cyrus43 Join Date: Nov 2006 Location: London Posts: 5,019 Thanked: 221 Times View My Garage	Those prices are nonsense. I did visit a few such dealers in bombay recently, and I was shown absolute nonsense.........and the prices were actually laughable!!
	() Thanks

28th July 2009, 23:45	#3
RX135 Senior - BHPian Join Date: Dec 2004 Location: pune Posts: 2,106 Thanked: 75 Times	A friend bought 2003 Zen VXi for 1.7Lakh in Pune last Sunday. He is 3rd owner of the car and earlier owner bought it for 2.3Lakh. This was a direct purchase. My friend thinks that, this car, if bought through used car dealer, would have cost him 2.3L at least. (He had been scouting around for used car for last 3 months).
	() Thanks

28th July 2009, 23:54	#4
ece2k2 BHPian Join Date: Jun 2005 Location: Coimbatore Posts: 524 Thanked: 349 Times	Dealers (both private and true value) at Coimbatore seems to have formed a liking towards Maruti Zen lately. This has resulted in all the available used Maruti Zen cars reaching the dealers hands in a jiffy and leaving buyers like me with only choice of relying on the dealers to find a Zen. Even if I find a one off case, where an individual is trying to sell his car directly through internet, etc..., the price is almost as high as the dealer pricing.
	() Thanks

29th July 2009, 01:21	#5
Willeys78 BHPian Join Date: May 2009 Location: Bangalore,Kottayam Posts: 34 Thanked: 11 Times	When i checked the price of a used, reasonably well maintained 2000 model zen in Dec07 in kerala, the asking price was 1.4 lacs. I believe kerala used car prices are some what reasonable.
	() Thanks

29th July 2009, 02:18	#6
simply_sunny001 Senior - BHPian Join Date: Jun 2007 Location: London & Rohtak Posts: 1,340 Thanked: 18 Times View My Garage	These are totally insane prices even after considering the fact that Zen(not Estilo) has a great resale value. but its encouraging for an existing Zen owner like me, hehe Please be patient and continue the search and 50-60k is nothing for a Zen engine if maintained well.
	() Thanks

29th July 2009, 08:41	#7
prince_pervez Senior - BHPian Join Date: Dec 2006 Location: Redwood shores, CA, USA Posts: 4,210 Thanked: 51 Times View My Garage	FYI. True Value quoted 1.5 L for my LXi, 2004 model 46K kms run. If I were to sell it individually, I'd settle for nothing less than 1.7 L.
	() Thanks

29th July 2009, 08:47	#8
muralisk BHPian Join Date: Nov 2006 Location: Hyderabad, Bangalore Posts: 711 Thanked: 13 Times View My Garage	I would recommend that you need to try and get the car from the owner directly. The moment you approach any re-seller or outlet, you have overheads, which are packaged with the car price and that's where it becomes nonviable. Think of it, the dealers will always offer lower price when buying from you and higher price when they have to sell the car after they put their badge on it. I guess, it's business.
	() Thanks

29th July 2009, 08:54	#9
krish3 BHPian Join Date: Apr 2007 Location: Cochin/Bangalore Posts: 758 Thanked: 191 Times	There is a Maruti Tru value site which has a pricing based on condition, year, model and kms run. My 2005 Sept Zen Lxi was quoted at 2.48 lakhs (Cochin registration, run 27k kms). Since the price seems good, I was thinking of giving to True value. So when you buy from true value ; expect a big price hike. Give a wanted ad in paper and you will get responses from individuals as well.
	() Thanks

29th July 2009, 09:12	#11
Trapezio BHPian Join Date: May 2007 Location: Kerala Posts: 640 Thanked: 63 Times	Funny I am searching for a used car from True Value. The prices, especially for Zen was consistently above 3 lakhs. Was quite disappointed and my plans are delayed...
	() Thanks

29th July 2009, 09:26	#13
JVH Senior - BHPian Join Date: Aug 2008 Location: Bangalore Posts: 1,045 Thanked: 207 Times	Is the thread in the wrong section? Coming to the topic, I sold my 2000 Zen VX for 1.4 lacs last year in Bangalore. I hope this helps.
	() Thanks

29th July 2009, 09:41	#15
arin_12 BHPian Join Date: Jul 2008 Location: Bangalore Posts: 627 Thanked: 84 Times View My Garage	Zen is overpriced in the 2nd hand market due to some typical demand that people has set in their mind. Agreed that the car was good at that time. Instead of going for 2/3 L of zen you can go easily go some other new/used vehicle. Thank
	() Thanks

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