Team-BHP - The "USED" Car Price Check Thread

Want to help my father to Sell his 2014 model Toyota Corolla 10th Gen, around 35K on the ODO, J&K registered, Single owner and maintained in almost perfect condition. All services where carried out at Toyota Dealers only. No issues mechanically, minor blemishes on the front and rear bumpers due to city/highway driving.

Considering he's looking for the upgrade, He tried his luck on Cars24 and they quoted somewhere around 3.1L, which actually disappointed him.

Since I'm not in India, I'm not able to comprehend the correct market price of the car. What could be the reasonable asking price I should be looking for.

Thanks in Advance.

Quote:

Originally Posted by NomadSK (Post 5565021)

Want to help my father to Sell his 2014 model Toyota Corolla 10th Gen, around 35K on the ODO, J&K registered,

J&K plates are not preferred outside the state. That used to be the case a few Years ago, not sure of anything has changed but given the low prices by cars24, this can be one reason. You should try selling in Jammu or nearby Punjab/ Himachal towns probably.

Quote:

Originally Posted by Turbanator (Post 5565036)

You should try selling in Jammu or nearby Punjab/ Himachal towns probably.

Thanks for your suggestion, will try to figure out the price in local market.

Quote:

Originally Posted by NomadSK (Post 5565021)

Want to help my father to Sell his 2014 model Toyota Corolla 10th Gen, around 35K on the ODO, J&K registered,
Considering he's looking for the upgrade, He tried his luck on Cars24 and they quoted somewhere around 3.1L,

A similar example in the southern states of TN, Kerala or Karnataka would easily fetch 6-7L. While northern states won't have that high resale, 3.1L is extremely low.

Quote:

Originally Posted by bansal.sushant (Post 5565410)

A colleague is selling his 2016 Honda City VMT, 65k KMs run, 2nd owner. What should be a good price?

The seller is asking for 6L, however I have offered him 5,5L.

5.5L is already a good offer for him. You should try to close the deal at 5.5 if the car is in good condition.

What would be a good price for 1 year old skoda kushaq ambition 1.0 TSI June 2022 (29 june to be precise) registered and currently 6.2K on the odo?

I have checked out the car, 2/3 scratches and service history is clean. Current on road price in bangalore is about 15.8L.

Quote:

Originally Posted by bansal.sushant (Post 5565410)

A colleague is selling his 2016 Honda City VMT, 65k KMs run, 2nd owner. What should be a good price?

The seller is asking for 6L, however I have offered him 5,5L.

Try to get the price using indianbluebook.com and orangebookvalue. Honda city usually commands a premium due to good reliability. Please do make sure to get the car checked from a good mechanic, and get detailed service history records from a.s.s.

Hi BHP'ians,

Looking to purchase a VW Jetta Highline Diesel Automatic of around 2015-2016. Most examples have around 80K kms + on the odo. Prices seem to be in the range of 8L-10L.
Would this be a fair price?

Also, considering I would be the 2nd owner of a discontinued model, how big a hit would I get in say about 2-3 years?

Would appreciate any inputs.

Quote:

Originally Posted by lightfootdriver (Post 5567085)

You should check the similar car prices in companies that transacts in used cars likes of cars24, spinny etc. Orand bookvalue and indiabookvalue prices are some formula based and does not reflect the ground realities.

Quote:

Originally Posted by gajendra.jangid (Post 5567631)

Totally agree. Besides, a lot of these "calculators"; especially the ones on the websites of used car aggregators tell you the price you should expect when you sell it to them and not the price that end consumers would be willing to pay for the car.

In order to understand that; you need to go to various portals and check the value at which a car with similar variables (No. of years, Make/Model/Variant, Kilometers, First/Second owner etc.) would be listed. If you're an individual seller; you can subtract 5-10% from that value (essentially the premium commanded by these portals) to arrive at a decently accurate valuation for your vehicle.

Hey guys, Senior Citizen here.
What can I expect for my car ?
Mercedes Benz E220d Avantgarde
2016 November
6,900 Kms.
Cavensite Blue
Not a scratch on the exterior
Pristine White interior.

Quote:

Originally Posted by Iconoclast (Post 5567726)

If you're an individual seller; you can subtract 5-10% from that value (essentially the premium commanded by these portals) to arrive at a decently accurate valuation for your vehicle.

5-10% is too less. I've seen multiple examples on what was the price provided by spinny/cars24 to seller vs what they listed on their platform. The difference is close to 15-20%. They charge exorbitantly high to buyer.

Quote:

Originally Posted by gajendra.jangid (Post 5567631)

Disagree. These platforms are exorbitantly overpriced. They have no understanding of depreciation. Most of the forum members would agree on this.