The "USED" Car Price Check Thread

supremeBaleno · 18th February 2009, 20:13

Quote:

Originally Posted by JishD

How much would a Palio 1.6 Stile pristine condition run 9K km, 2007 model sell for ? I've been getting offers which have gone beyond joke level !

With the slowdown/recession etc, not only have new car sales been affected, but used car prices also seem to be down.

BTW, even if the prices sound like a joke, do humour us as to what quotes you are getting ? And why are you selling a car that's only 2 years old ? To make way for the Linea, I presume?

narayan · 18th February 2009, 20:22

im not quite sure recession will affect used car prices that much.

in fact, due to recession,
1) some new car buyers might consider used cars
2) people who thought of upgrading might postpone their decision ( and in the process reduce used car supply )

the above might to a large extent off set the lower purchasing power due to recession

just some "sitting on the armchair" type theories

A.R · 18th February 2009, 20:25

Are you the 1st owner or bought used ? Either ways, what did you pay for it when you bought it ?
@supremeBaleno

Yes, 1st owner, bought if for 6.3L onroad price.

@Proxima : 2.8L thats it seriously? I had plans to change hmm :(

supremeBaleno · 18th February 2009, 20:29

Valid points, narayan.

Let me also add an armchair theory.

With job and/or salary cuts, people might decide to sell off cars in panic mode or might be forced to sell cars to have cash in hand. Or with all this talk of slowdown people might want to reduce loan burden caused by car EMIs and thus dispose off a costlier car. All these could technically lead to lower resale values.

Quote:

Originally Posted by A.R

2.8L thats it seriously? I had plans to change hmm :(

@A.R., yes 2.8L is bad. For a car that is only 2.25 years old, depreciation is close to 55%. Let me suggest something. Why don't you call up TrueValue and other used car dealers in your place and ask for a 2006 Baleno-Lxi and if available ask for price. This should give you an indicative idea in your town. Ofcourse dealers would buy low and sell high, so you may have to reduce the price quoted by them to arrive at a selling price for your car.

On a lighter note, I think Proxima is trying to emulate those rogue share-traders who beat down the price of stocks that they wanna own cheap. I know for sure that he is looking to buy a used Baleno and this must be his way of beating down Baleno prices so that he can get one dead cheap.

ashthedivx · 18th February 2009, 20:44

Quote:

Originally Posted by ashthedivx

Another day a friend who was looking for used Scorpio found a 2006 SLX Scorpio for a price tag of 5.90 Lakhs in near-pristine condition with a odo-reading of 26K. Was it a good offering ?

On further finding he even found some 2006 Safaris at even 5 lakh or so price-tag.

It looks like a big loss to 1st owner who might have purchased it for around 10 Lakh or so. More then 40% loss in 2-2.5 Years !!

Anyone having a veiw for the same ??

pramodkumar · 24th February 2009, 10:10

Hi During my recent visit to one of the dealerships in Hyderabad, i came across this bottle green 1999 lancer glxi, the car has clocked 90k and drives like a new car, doer son have any rattles, no suspension noise and best of all no back compression. The engine runs smooth all the eletricals are also in the top condition, the car is repainted(sides) and the price is 1.5 lacs nego(1.2 final), my question is, is it a good buy? I do not see any work on the car for the next 1 year and I got it throughly inspected. I do not know what is the millage expected of the car nither I know how much is the running costs, i had a v tech in mind how ever I think I might have to wait of another year for a v tech(lack of funds

), and as other hyderabadis will vouch travelling from point A to point B is a problem in hyderabad due to lack of transportation. please suggest is this a viable option?

loving_alaap · 24th February 2009, 16:57

Post is repeated due to net connection failure, MODS please remove it

loving_alaap · 24th February 2009, 16:58

Maintenance of Lancer is generally higher than others, and its definitely gonna more for a 10 year old lancer.

90K is a high millage car, If you love the car than go for it, other wise look for the other options like OHC / Accent.

IMO OHC will suit your need & Budget both.

JishD · 27th February 2009, 15:19

Quote:

Originally Posted by supremeBaleno

With the slowdown/recession etc, not only have new car sales been affected, but used car prices also seem to be down.

BTW, even if the prices sound like a joke, do humour us as to what quotes you are getting ? And why are you selling a car that's only 2 years old ? To make way for the Linea, I presume?

Yes, I had plans of selling the 1.6 to make way for the Linea, especially considering the awesome exteriors. The Linea test drive cooled plans somewhat, but the icing was when Tata-Fiat offered 1.5-1.75 for the car !

No more Fiats for me if the company devalues its own product so badly in the used car market !

optimystic01 · 2nd March 2009, 20:16

Quote:

Originally Posted by optimystic01

Hi Guys

I previously had an Esteem which i sold in the month of Oct 08 to the same guy who gave it to me (A dealer who sold me a battered car. The engine was good though). Still waiting for the money (thats a different story and

)
-----
Since I would be wanting to check out the car again, any check list that i must have, specifically with regard to the Baleno?

Regards
Jeeves

Hi folks
After a lot of deliberations, research, options and not to mention the anxiety (the owner disappeared for a month after i paid the advance and called back later since, as per him, he was out of town), I bought this Baleno.

Yes, I did show it to two different MASS - 'Kalyani Motors' (Authorized dealers and my mech) and 'New MARS (his mech).

The only concern i had was on the oil leakage. The mechanics told me that it is a minor problem and that it can be cured by proper tightening of screws.

Also, since the car has run a bit in coastal region of Karwar, my mechanic suggested applying anti-rust.

The only thing I don't like is the clutch - So different from Esteem, Getting used to it.

Since I'm more of a 'highway' driver, I can't wait to go on a tour. It feels really nice to drive this Baleno on the highway.

Rgds
Jeevesha

kailashnj · 2nd March 2009, 20:45

Hi Optimystic01

Congrats on your purchase. Wish you many many happy kms in your baleno.

Regards,
Kailash

Neonfish · 2nd March 2009, 21:49

Hi Guys,

What seems a fair price in the Bangalore market for a 2003 Santro Xing, that has done 45,000 kms and has been maintained fairly well. It's one version below the fully loaded premium version and has Power Steering, AC, Music System, Power Windows in the front and body color bumpers.

Thanks in advance!!!

DieselFan · 2nd March 2009, 22:51

Quote:

Originally Posted by Neonfish

Hi Guys,

What seems a fair price in the Bangalore market for a 2003 Santro Xing, that has done 45,000 kms and has been maintained fairly well. It's one version below the fully loaded premium version and has Power Steering, AC, Music System, Power Windows in the front and body color bumpers.

Thanks in advance!!!

1.9 to 2.1L would be my estimate to this car.

Neonfish · 3rd March 2009, 10:06

Quote:

Originally Posted by DieselFan

1.9 to 2.1L would be my estimate to this car.

Thanks. I had pretty much the same estimate in mind. Anyone else care to chime in?

Tejas@perioimpl · 3rd March 2009, 11:07

Quote:

Originally Posted by DieselFan

1.9 to 2.1L would be my estimate to this car.

Too high! I would not pay more than 1.5-1.6 depending on the condition of the car.

18th February 2009, 20:22	#587
narayan Senior - BHPian Join Date: Aug 2006 Location: Singapore Posts: 3,132 Thanked: 2,488 Times View My Garage	im not quite sure recession will affect used car prices that much. in fact, due to recession, 1) some new car buyers might consider used cars 2) people who thought of upgrading might postpone their decision ( and in the process reduce used car supply ) the above might to a large extent off set the lower purchasing power due to recession just some "sitting on the armchair" type theories
	() Thanks

18th February 2009, 20:25	#588
A.R BHPian Join Date: Jan 2008 Location: Bangalore Posts: 156 Thanked: 16 Times	Are you the 1st owner or bought used ? Either ways, what did you pay for it when you bought it ? @supremeBaleno Yes, 1st owner, bought if for 6.3L onroad price. @Proxima : 2.8L thats it seriously? I had plans to change hmm :(
	() Thanks

24th February 2009, 10:10	#591
pramodkumar Senior - BHPian Join Date: Mar 2006 Location: Gods own country Posts: 2,307 Thanked: 2,268 Times View My Garage	1999 Lancer GLXI Hi During my recent visit to one of the dealerships in Hyderabad, i came across this bottle green 1999 lancer glxi, the car has clocked 90k and drives like a new car, doer son have any rattles, no suspension noise and best of all no back compression. The engine runs smooth all the eletricals are also in the top condition, the car is repainted(sides) and the price is 1.5 lacs nego(1.2 final), my question is, is it a good buy? I do not see any work on the car for the next 1 year and I got it throughly inspected. I do not know what is the millage expected of the car nither I know how much is the running costs, i had a v tech in mind how ever I think I might have to wait of another year for a v tech(lack of funds ), and as other hyderabadis will vouch travelling from point A to point B is a problem in hyderabad due to lack of transportation. please suggest is this a viable option?
	() Thanks

24th February 2009, 16:57	#592
loving_alaap BHPian Join Date: Sep 2007 Location: Ahmedabad Posts: 808 Thanked: 9 Times	Post is repeated due to net connection failure, MODS please remove it Last edited by loving_alaap : 24th February 2009 at 17:00. Reason: Post is repeated due to net connection failure, MODS please remove it
	() Thanks

24th February 2009, 16:58	#593
loving_alaap BHPian Join Date: Sep 2007 Location: Ahmedabad Posts: 808 Thanked: 9 Times	Maintenance of Lancer is generally higher than others, and its definitely gonna more for a 10 year old lancer. 90K is a high millage car, If you love the car than go for it, other wise look for the other options like OHC / Accent. IMO OHC will suit your need & Budget both.
	() Thanks

2nd March 2009, 20:45	#596
kailashnj BHPian Join Date: Oct 2006 Location: Mumbai Posts: 967 Thanked: 384 Times	Hi Optimystic01 Congrats on your purchase. Wish you many many happy kms in your baleno. Regards, Kailash
	() Thanks

2nd March 2009, 21:49	#597
Neonfish BHPian Join Date: Jan 2009 Location: Bangalore Posts: 27 Thanked: 39 Times	2003 Santro Xing Hi Guys, What seems a fair price in the Bangalore market for a 2003 Santro Xing, that has done 45,000 kms and has been maintained fairly well. It's one version below the fully loaded premium version and has Power Steering, AC, Music System, Power Windows in the front and body color bumpers. Thanks in advance!!!
	() Thanks