The "USED" Car Price Check Thread

Dennis · 23rd December 2016, 18:25

Sold my Santro Xing XO Limited Edition. It had completed 96,000 Kms.
I am the third owner and have used it for almost 4 years. Exterior of the car had minor scratches and mechanicals were in good condition. Interiors was well maintained.
Sold through OLX for 1.06 lakh.

PPS · 30th December 2016, 15:20

A friend bought a 2010 Honda City, done 53k for 3.6 lakhs.

ayankm · 30th December 2016, 17:41

How much can I expect to get for an Eon 1.0 Magna(O) which is about 6 months old and has run for 3000kms?
I might have to go abroad for a couple of years in Feb/March. Bought the car in June this year.
Any pointers will be appreciated.

hserus · 1st January 2017, 00:27

Quote:

Originally Posted by ayankm

How much can I expect to get for an Eon 1.0 Magna(O) which is about 6 months old and has run for 3000kms?
I might have to go abroad for a couple of years in Feb/March. Bought the car in June this year.
Any pointers will be appreciated.

Significant loss. My suggestion is leave the vehicle with your father or other trusted relative for them to use, for those two years. Then take it back when you return to India.

Make sure you pick a relative who has well maintained cars because if you come back and find the car badly abused it won't be easy for you to recover repair or other costs from your relative

But it will work out far better than selling at a massive loss.

Holyghost · 1st January 2017, 13:47

Quote:

Originally Posted by ayankm

How much can I expect to get for an Eon 1.0 Magna(O) which is about 6 months old and has run for 3000kms?

Quote:

Originally Posted by hserus

Significant loss. My suggestion is leave the vehicle with your father or other trusted relative for them to use, for those two years. Then take it back when you return to India.
.

Do keep in mind that an automobile is a depreciating asset. The sooner you sell it, the lesser is your loss.
You might loose more than 10% if you sell it now, but if you keep it for two years with a relative, you will loose more than 20% on a car that you did not use.

hserus · 1st January 2017, 14:08

But you have a perfectly usable car for several years more when you return. Chances are your relative already has a car so that they will just use it for occasional local drives.

The loss will be much more than 10% when you sell off a brand new car.

narayans80 · 1st January 2017, 14:42

Quote:

Originally Posted by ayankm

I might have to go abroad for a couple of years in Feb/March. Bought the car in June this year.

Quote:

Originally Posted by hserus

Significant loss. My suggestion is leave the vehicle with your father or other trusted relative for them to use, for those two years. Then take it back when you return to India.

If you know for sure your stay is in terms of years, I'd suggest to keep the emotions aside and sell it off. Keep it only if its < 6 months stay at the most.

The problem with keeping at someone's place, including your parents is not the abuse. But rather lack of usage and/or maintenance.

I've seen my own car go that way, 6 months after I left. I acted much late and made more losses when I sold.

I don't suggest anyone do the same mistake I did.

PS: I remember there was a thread here for this exact purpose.

deehunk · 1st January 2017, 14:56

The thumb rule followed by dealer is to quote 20% less on the ex-showroom price in the first year and if your car has no major dents or scratches. I would suggest you to sell the car directly to a buyer. The expected price for Hyundai Eon 1.0L(O) can be 3.9L to 4.2L.

duke · 1st January 2017, 20:05

I'm looking to buy a Hyundai Santa Fe, the prices being quoted by dealers for a 2014 2WD MT with about 30k-40k on the odo are north of 20L which I feel is really overpriced. The city I live in is Delhi.

What would be the right price for such a Santa Fe in Delhi? I was expecting it to be in the range of 12L to 14L

ayankm · 1st January 2017, 22:04

Quote:

Originally Posted by narayans80

I've seen my own car go that way, 6 months after I left. I acted much late and made more losses when I sold.

Thanks for the very practical advice. The thing is there is a chance that I will go. There isn't much surety on the travel yet, much to my annoyance. Will take a decision as per the situation.

Quote:

Originally Posted by deehunk

The thumb rule followed by dealer is to quote 20% less on the ex-showroom price in the first year and if your car has no major dents or scratches. I would suggest you to sell the car directly to a buyer. The expected price for Hyundai Eon 1.0L(O) can be 3.9L to 4.2L.

That's true. I had paid around 5.1L for the car and have got offers till 4.4L till now.

Thanks for all the help guys, much appreciated.

hserus · 2nd January 2017, 08:15

You can take the 4.4 lakh - maybe bargain to make it 4.5 lakh but you won't get much more than that for the car. Excellent offer in fact so take 4.4 lakh + however much more.

Jaeger · 3rd January 2017, 14:27

Hi Guys,

I have been looking for a Honda City in used car market for a while.
Finalized on 3rd generation i-Vtec VMT registered in July 2012 having 59K on odometer.

The dealer quoted 5.9L, I am trying hard to bring it down to 5.5L, but no luck since the car is in immaculate condition. hopefully the deal might get settled at 5.7L.

What do you guys think about the pricing ? Is it fair ?

Thanks in advance

bluevolt · 3rd January 2017, 15:23

Quote:

Originally Posted by Jaeger

Hi Guys,

I have been looking for a Honda City in used car market for a while.
Finalized on 3rd generation i-Vtec VMT registered in July 2012 having 59K on odometer.

The dealer quoted 5.9L, I am trying hard to bring it down to 5.5L, but no luck since the car is in immaculate condition. hopefully the deal might get settled at 5.7L.

What do you guys think about the pricing ? Is it fair ?

Thanks in advance

You can surely try to bring it to 5.7lakh. Looks okay pricing to me for this particular car.

itsashishsharma · 4th January 2017, 08:44

Quote:

Originally Posted by Jaeger

Hi Guys,

I have been looking for a Honda City in used car market for a while.
Finalized on 3rd generation i-Vtec VMT registered in July 2012 having 59K on odometer.

The dealer quoted 5.9L, I am trying hard to bring it down to 5.5L, but no luck since the car is in immaculate condition. hopefully the deal might get settled at 5.7L.

What do you guys think about the pricing ? Is it fair ?

Thanks in advance

Which city? I am never comfortable buying a used car from a dealer. You never know what they would have done to it, like tampering with the mileage. One way to deal with this is to get all the service related information from a Honda service center. Though the car looks to be in immaculate condition, I think 5.9L is too high. It is a 4.5 years old vehicle after all.

akshaymahajan · 4th January 2017, 11:36

Need advice on a car I am am planning to have a look at

2013 manufactured, 2014 Jan registered Corolla Altis G AT with under 30,000 km on the ODO. This is a Delhi registered car with all service history available.

Insurance till Jan 2017.

Can someone please let me know the OTR in 2013-14 and what should be a good price for this car. The listing price is 9 Lakh, which I believe is a bit too steep for a 4 year old car.

Also, what all features will I be missing in the G AT vs the VL AT?

Appreciate all your inputs. Will be checking out the car soon.

23rd December 2016, 18:25	#11761
Dennis BHPian Join Date: Feb 2005 Location: Chennai Posts: 25 Thanked: 23 Times	re: The "USED" Car Price Check Thread Sold my Santro Xing XO Limited Edition. It had completed 96,000 Kms. I am the third owner and have used it for almost 4 years. Exterior of the car had minor scratches and mechanicals were in good condition. Interiors was well maintained. Sold through OLX for 1.06 lakh.
	() Thanks

30th December 2016, 15:20	#11762
PPS Senior - BHPian Join Date: Dec 2010 Location: mumbai Posts: 2,512 Thanked: 3,954 Times	re: The "USED" Car Price Check Thread A friend bought a 2010 Honda City, done 53k for 3.6 lakhs.
	() Thanks

30th December 2016, 17:41	#11763
ayankm BHPian Join Date: Sep 2016 Location: Bangalore Posts: 130 Thanked: 171 Times	How much can I expect to get for an Eon 1.0 Magna(O) which is about 6 months old and has run for 3000kms? I might have to go abroad for a couple of years in Feb/March. Bought the car in June this year. Any pointers will be appreciated.
	() Thanks

1st January 2017, 14:08	#11766
hserus Senior - BHPian Join Date: Sep 2014 Location: Chennai Posts: 5,079 Thanked: 9,334 Times	re: The "USED" Car Price Check Thread But you have a perfectly usable car for several years more when you return. Chances are your relative already has a car so that they will just use it for occasional local drives. The loss will be much more than 10% when you sell off a brand new car.
	() Thanks

1st January 2017, 14:56	#11768
deehunk Senior - BHPian Join Date: Nov 2009 Location: Bangalore Posts: 2,050 Thanked: 3,308 Times Infractions: 0/1 (5)	re: The "USED" Car Price Check Thread The thumb rule followed by dealer is to quote 20% less on the ex-showroom price in the first year and if your car has no major dents or scratches. I would suggest you to sell the car directly to a buyer. The expected price for Hyundai Eon 1.0L(O) can be 3.9L to 4.2L.
	() Thanks

1st January 2017, 20:05	#11769
duke BHPian Join Date: Mar 2009 Location: New Delhi Posts: 225 Thanked: 137 Times	The "USED" Car Price Check Thread. (Online tool : Page 1) I'm looking to buy a Hyundai Santa Fe, the prices being quoted by dealers for a 2014 2WD MT with about 30k-40k on the odo are north of 20L which I feel is really overpriced. The city I live in is Delhi. What would be the right price for such a Santa Fe in Delhi? I was expecting it to be in the range of 12L to 14L
	() Thanks

2nd January 2017, 08:15	#11771
hserus Senior - BHPian Join Date: Sep 2014 Location: Chennai Posts: 5,079 Thanked: 9,334 Times	re: The "USED" Car Price Check Thread You can take the 4.4 lakh - maybe bargain to make it 4.5 lakh but you won't get much more than that for the car. Excellent offer in fact so take 4.4 lakh + however much more.
	() Thanks

3rd January 2017, 14:27	#11772
Jaeger BHPian Join Date: Jul 2014 Location: Pune Posts: 42 Thanked: 36 Times	re: The "USED" Car Price Check Thread Hi Guys, I have been looking for a Honda City in used car market for a while. Finalized on 3rd generation i-Vtec VMT registered in July 2012 having 59K on odometer. The dealer quoted 5.9L, I am trying hard to bring it down to 5.5L, but no luck since the car is in immaculate condition. hopefully the deal might get settled at 5.7L. What do you guys think about the pricing ? Is it fair ? Thanks in advance
	() Thanks

4th January 2017, 11:36	#11775
akshaymahajan BHPian Join Date: Oct 2009 Location: Delhi Posts: 608 Thanked: 468 Times	re: The "USED" Car Price Check Thread Need advice on a car I am am planning to have a look at 2013 manufactured, 2014 Jan registered Corolla Altis G AT with under 30,000 km on the ODO. This is a Delhi registered car with all service history available. Insurance till Jan 2017. Can someone please let me know the OTR in 2013-14 and what should be a good price for this car. The listing price is 9 Lakh, which I believe is a bit too steep for a 4 year old car. Also, what all features will I be missing in the G AT vs the VL AT? Appreciate all your inputs. Will be checking out the car soon.
	() Thanks