[ChoosetoCruze]

Originally Posted by ChoosetoCruze

So don’t expect to buy a 10yr old car & drive it like it was brand new, without spending a substantial amount of money on getting it back to tip-top shape.

those cars will fall apart in front of your eyes, with your monthly running of 1000kms.

Originally Posted by hserus

Mine had been very lightly used - hardly ran 40k km.

but this one had been fully serviced at a Hyundai dealership over the years, and the entire service record was available when I took the car to the nearest Hyundai dealer.

Precisely! And that’s why I said a buyer needs to do his homework well. Any car will be dependable if it has had regular part replacement & routine oil/fluid changes.

The trouble is not everyone is diligent during used car purchases & the chances of them ending up with an endless money pit is far higher. Hence, I present them with a worst case scenario on what to expect, so they can make an informed decision.

To your credit, you found a great example & its serving you well.

Originally Posted by hserus

OK they were JK tyres, not what I would pick at all, but fine, new tyres. Saved me quite a lot of money, beater or not I'd probably have put Michelins on them

Have to fully agree with you on that one!

[hserus]

Originally Posted by ChoosetoCruze

Precisely! And that’s why I said a buyer needs to do his homework well. Any car will be dependable if it has had regular part replacement & routine oil/fluid changes.

It even had new tyres that had hardly run a couple of thousand km. OK they were JK tyres, not what I would pick at all, but fine, new tyres. Saved me quite a lot of money, beater or not I'd probably have put Michelins on them

[kmadhok]

Originally Posted by ChoosetoCruze

Online OBV values are just a rough estimate and are certainly NOT the do all and end all, for used car prices. There are just so many variables which a potential buyer needs to consider.

Yes Hondas do hold their value very well, but , that car is NOT worth 7L. No way! Be patient & keep searching.

But that's exactly what I assumed the OBV calculators factor in. Demand supply, model availability etc. Save the actual condition of the car they should be able to factor in all other factors.

Separately, related to the second post you quoted, does one look at the price when the vehicle was bought new or the current price of a new vehicle to judge its resale value?

And finally I am considering a couple of BR-Vs in Bangalore. A 2018 (24k kms) model and a 2017 model (30k kms), Cvt versions. Both are through dealers. What do you think will be a fair price for them? Anything specific to look out for on BR Vs.

[ChoosetoCruze]

Originally Posted by kmadhok

But that's exactly what I assumed the OBV calculators factor

Separately, related to the second post you quoted, does one look at the price when the vehicle was bought new or the current price of a new vehicle to judge its resale value?

And finally I am considering a couple of BR-Vs in Bangalore. A 2018 (24k kms) model and a 2017 model (30k kms), Cvt versions. Both are through dealers.

It really depends on the equation which the calculators use.

For mass market (not collector item) vehicles, the used car price is most certainly calculated using the full sticker price of when the car was purchased new.

For Bangalore, a 2-3yr old BR-V CVT (~15.8L when new) should be worth anywhere from 10L-11L IF it’s in good condition. Remember it’s a discontinued model & also didn’t sell well. So don't be willing to pay too much of a premium for it. The vehicle itself, being a Honda, is trouble free.

As with any used car, get it thoroughly inspected by a trusted mechanic/ASC, before you buy it.

[Lobogris]

Originally Posted by anoopash

Good Morning Bhpians, I am planning on buying a 2012 December make, 2013 March registered VW Jetta Trendline. It has clocked 73000 kms till date.
The car will be delivered after the annual servicing is done and a with new insurance. The deal is finalized at 5.75 Lakhs in Kerala.

Please share your views.

I don't know about Kerala but this car won't fetch even 2 lakhs in Delhi. 5.75 lakhs is way too high for an 8 year old vehicle. Jettas are wonderful vehicles but they have atrocious resale value. Last year I sold my 2012 Jetta Highline DSG AT with similar mileage for just 2 lakhs. That too with a lot of difficulty.

[Latheesh]

Car: VW Vento Petrol
Year: 2017
ODO: 16000
Variant: 1.6 MPI Comfortline
Transmission: Manual
No.of owners: 1
Location: Kerala

Not for me. My friend's family need a car and planning to buy a new hatchback with a budget of 6L. How about this Vento instead? What is the price we should offer for the same?

[archat68]

Is this is good deal for a 2012 Corolla AT, 90K KM in Delhi?
https://www.olx.in/en/item/toyota-co...iid-1592758274

[Born 2 Be Wild]

Originally Posted by archat68

Is this is good deal for a 2012 Corolla AT, 90K KM in Delhi?
https://www.olx.in/en/item/toyota-co...iid-1592758274

The delhi price for this would be in the range of 3.5-3.75 max for a mint condition car.

For around 4 lakhs you can find honda accords 2012-2013 easily in delhi, the used car market in this segment is in the dumps here!

[archat68]

Originally Posted by Born 2 Be Wild

The delhi price for this would be in the range of 3.5-3.75 max for a mint condition car.

For around 4 lakhs you can find honda accords 2012-2013 easily in delhi, the used car market in this segment is in the dumps here!

Thanks for the reply!
I can find mostly ads of 2010 corolla AT in the range of 3.5 to 4L

[ChoosetoCruze]

Originally Posted by Latheesh

planning to buy a new hatchback with a budget of 6L. How about this Vento instead? What is the price we should offer for the same?

For an almost 4yr old, lightly used, manual Vento, I think 6L is a decent offer IF it’s in mint condition. Otherwise reduce the offer if money needs to be spent post purchase for essentials (tyres, battery, scratches, etc).

Originally Posted by archat68

Is this is good deal for a 2012 Corolla AT, 90K KM in Delhi?

For the Corolla AT, if the mileage of 90,000kms is genuine (and can be proved) and the vehicle has a full service history (which can be proved), it may be worth 4L if it has a brand new battery & 4 new tyres. Otherwise, like mentioned by another member, 3.75L tops.

[Born 2 Be Wild]

Originally Posted by archat68

Thanks for the reply!
I can find mostly ads of 2010 corolla AT in the range of 3.5 to 4L

The reason for this is that 99% of the ads on OLX are of dealers or middlemen and they quote obscene rates. You call someone and say you have a corolla 2012 to sell in pristine condition then see the rate he quotes

[Latheesh]

Originally Posted by ChoosetoCruze

For an almost 4yr old, lightly used, manual Vento, I think 6L is a decent offer IF it’s in mint condition. Otherwise reduce the offer if money needs to be spent post purchase for essentials (tyres, battery, scratches, etc).

Thanks. 6L is their budget. Is this 2017 Vento Petrol MPI Comfortline variant worth 6L? We were thinking of offering 5L for it. What was the ex-showroom price for this variant in 2017? I tried to find it but could not get the correct information.

[ChoosetoCruze]

Originally Posted by Latheesh

Is this 2017 Vento Petrol MPI Comfortline variant worth 6L? We were thinking of offering 5L for it. What was the ex-showroom price for this variant in 2017?

I sincerely apologise, I somehow read your query as a highline variant. Absolutely, for a comfortline, 5L tops. I would actually start at 4.5L because the engine is discontinued.

The on road price for a 2017 Comfortline 1.6MPI was ~10L on road. https://motoroctane.com/news/12901-v...leds-exclusive

Thanks for questioning my advice, once again I apologise for incorrect advice earlier.

[sv97]

https://www.cars24.com/buy-used-Toyo...hi-1008413233/

Is this a good deal or something is fishy?

[ChoosetoCruze]

Originally Posted by sv97

Is this a good deal or there is something fishy?

V. A. L. U. E.

Doesn’t Lexus offer 3yr/100,000kms warranty in India? That should bring in some peace of mind.

The only qualms I would have with this car is if it was an accidental or flooded vehicle (reason for such a quick sale?).

As with ANY used car, get it checked by a trusted mechanic/ASC before you even start negotiations.