accord is it right price and right time to buy used

rubin2006 · 2nd December 2006, 19:27

Hi can Ne body let me know what would be the price of a second hand honda accord 2003 New shape cause i am getting one for 8.5 lacks
Black colour with some accessories ,checking the car is not problems as
i do have experience but iam not sure if the price is right or not .Secondly i think once honda launches the New shape which i used to see in canada
and which is a matter of 2-3 months the price will drop further to 7 7.5 lacks

even thought there is nothing special in that shape cause my friend had one in canada and i had driven it for 40-50 Kms so i am not really sure of what to do as this is the only black colour i came accross after lot of hard work other wise the colours i got were mostly silver and golder ( idont really like the golden one as it is very unclish colour ) so pls guys throw some light this is the only car other than my lancer which i like and whihc is in my budget not offence to any body but have to keep this one for atleast 5 years so i cant by an octavia whihc is 1996 design and after 5 years will be older by 17 years i have spoken to accord owners in my gym work place and all those who had manual say it gives 8 KMPL whihc is Ok for me PLsssssssssssss help ME FAst

Pankaj401 · 2nd December 2006, 23:48

keep in the mind the maintenance cost. Check for vehicle being clean.

speedzak · 3rd December 2006, 03:15

Dude,
If you're so much interested in Accord, buy it man. It's a good deal. I think.

Just make sure you check the service history and don't worry too much of the maintenance. It doesn't give a lot of trouble.
Don't buy it if it's done more than 80k kms. Bargain and pull the price a bit more.

iraghava · 4th December 2006, 02:45

What mileage has the car done? The price seems to be pretty good, if it's not a high-mileage car. Be sure to check the service history & make sure the car has not had any accidents.

Also the FE of the Accord is around 8-9kmpl.

carfreak · 4th December 2006, 12:27

i feel the pricing is good.and honda engines can withstand abuse.just make sure there is no history of any accidents!!
if i were you,i would have gone for it!!

Godfather · 4th December 2006, 12:37

Quote:

Originally Posted by rubin2006

Hi can Ne body let me know what would be the price of a second hand honda accord 2003 New shape cause i am getting one for 8.5 lacks

You are getting a 3 year old new shape accord..(well almost 4 years) for 8.5L

...That car retails for 15L+ and second hand value in bangalore is close to 10L... dude.check it thoroughly...see the service records and the insurance records...talk to the company that has insured it...

if all is clear..and the vehicle is clean...BUY IT

Godfather

dipen · 4th December 2006, 18:24

From my experience on TBHP, I have always noticed that prices in South India (Hyderabad, Banglore) are usally high compared to other parts of India ( mainly Mumbai and Delhi).

Its Dec 2006, If you can wait for a 1 to 1.5 months more , U may get a better deal as it will be 2007 and cars depreciate by year.

Any car depreciates by almost 50% in 4 years ( however hit the model may be) in the 10+Lac category. This is in Mumbai, Delhi. Banglore and Hyderabad exception again.

Have you considered the Sonata Embera for 12 laks ?
Or even better a year or less used example for abt 9 laks, etc
Its much better than Accord in all respects. It looks better with reduced fat compared to the Accord. Drives better, little more powerful. Interior space is same as Accord.
FE will be 1kmpl less than accord.
Resale will fetch you 1 lak max less than a Accord when you sell it 5 years down the line.

Hyundai A.S.S is noth to worry abt.

jyobeb · 4th December 2006, 18:57

Hi, if it's of any help, I bought a 2003 May Accord old shape, automatic, in very good nick, 70K Km fully loaded with power everything including seat, retractable mirrors, leather, twin air bags, new tyres, and dent free, with not even a paisa's worth of work, ten days ago for 6 lakhs. It is a car that I have known and seen upclose many times over the past three years.

maxbhp · 4th December 2006, 19:22

IT is the boot and front grille thats going to change in the new one and ofcourse 162 bhp 2.4 is expected too....and manual 3.0V6. The price may drop a bit , it wont go down drastically. The price for the accord seems just about right . I'd suggest not to wait any longer coz atleast you will get to ride for a while like its still in date...once the new car comes out ...you wont feel that great driving an older design...just a personal opinion.

Equus · 4th December 2006, 23:17

Quote:

Originally Posted by jyobeb

Hi, if it's of any help, I bought a 2003 May Accord old shape, automatic, in very good nick, 70K Km fully loaded with power everything including seat, retractable mirrors, leather, twin air bags, new tyres, and dent free, with not even a paisa's worth of work, ten days ago for 6 lakhs. It is a car that I have known and seen upclose many times over the past three years.

Just 6L for a 2003 Accord??? Jyobeb, you are indeed very lucky!

jesal · 5th December 2006, 00:31

Quote:

Originally Posted by Equus

Just 6L for a 2003 Accord??? Jyobeb, you are indeed very lucky!

is that not a very normal deal. the new shape at that price is a steal. new ones in bombay go from 9 to 11 maxxxxx. ? ? ? ?

Equus · 5th December 2006, 00:59

Used car prices in the south are higher than Mumbai for sure..

Anyways, considering the fact that its an Accord, 6L still sounds like a steal.
3 Yr old NHC commands around 5L or so.

rubin2006 · 5th December 2006, 15:02

[quote=Equus;333034]Used car prices in the south are higher than Mumbai for sure..

Anyways, considering the fact that its an Accord, 6L still sounds like a steal.
3 Yr old NHC commands around 5L

well its not 6 lacks its 8.5 lacks price are differnt in delhi and baglore for sure you buy new accord there for 17.5 here you buy for 16 so that difference will always be there its 8.5 to 9 in delhi and 10 in banglore or mumbai

jyobeb · 5th December 2006, 17:18

Quote:

Originally Posted by jesal

is that not a very normal deal. the new shape at that price is a steal. new ones in bombay go from 9 to 11 maxxxxx. ? ? ? ?

True, but getting a car in this condition is next to impossible.

For a 2003 new shape accord, 7.5 to 8 should be ok, in my opinion of course.

katalyst · 5th December 2006, 17:39

I don't think the New Accord is being launched anytime soon. Atleast not in the next 2-3 months - or else, the dealers are keeping it under wraps to ensure the sales of the current model are not hit.

2nd December 2006, 19:27	#1
rubin2006 BHPian Join Date: Sep 2006 Location: delhi/calgary Posts: 286 Thanked: Once	accord is it right price and right time to buy used Hi can Ne body let me know what would be the price of a second hand honda accord 2003 New shape cause i am getting one for 8.5 lacks Black colour with some accessories ,checking the car is not problems as i do have experience but iam not sure if the price is right or not .Secondly i think once honda launches the New shape which i used to see in canada and which is a matter of 2-3 months the price will drop further to 7 7.5 lacks even thought there is nothing special in that shape cause my friend had one in canada and i had driven it for 40-50 Kms so i am not really sure of what to do as this is the only black colour i came accross after lot of hard work other wise the colours i got were mostly silver and golder ( idont really like the golden one as it is very unclish colour ) so pls guys throw some light this is the only car other than my lancer which i like and whihc is in my budget not offence to any body but have to keep this one for atleast 5 years so i cant by an octavia whihc is 1996 design and after 5 years will be older by 17 years i have spoken to accord owners in my gym work place and all those who had manual say it gives 8 KMPL whihc is Ok for me PLsssssssssssss help ME FAst
	() Thanks

2nd December 2006, 23:48	#2
Pankaj401 BHPian Join Date: Mar 2006 Location: Bangalore, India Posts: 215 Thanked: 6 Times	keep in the mind the maintenance cost. Check for vehicle being clean.
	() Thanks

3rd December 2006, 03:15	#3
speedzak BANNED Join Date: Mar 2006 Location: India Posts: 4,347 Thanked: 27 Times	Dude, If you're so much interested in Accord, buy it man. It's a good deal. I think. Just make sure you check the service history and don't worry too much of the maintenance. It doesn't give a lot of trouble. Don't buy it if it's done more than 80k kms. Bargain and pull the price a bit more.
	() Thanks

4th December 2006, 02:45	#4
iraghava Senior - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 8,033 Thanked: 265 Times View My Garage	What mileage has the car done? The price seems to be pretty good, if it's not a high-mileage car. Be sure to check the service history & make sure the car has not had any accidents. Also the FE of the Accord is around 8-9kmpl.
	() Thanks

4th December 2006, 12:27	#5
carfreak BHPian Join Date: Apr 2004 Location: Udupi Posts: 599 Thanked: 342 Times	i feel the pricing is good.and honda engines can withstand abuse.just make sure there is no history of any accidents!! if i were you,i would have gone for it!!
	() Thanks

4th December 2006, 18:24	#7
dipen Senior - BHPian Join Date: May 2004 Location: mumbai Posts: 2,234 Thanked: 725 Times	From my experience on TBHP, I have always noticed that prices in South India (Hyderabad, Banglore) are usally high compared to other parts of India ( mainly Mumbai and Delhi). Its Dec 2006, If you can wait for a 1 to 1.5 months more , U may get a better deal as it will be 2007 and cars depreciate by year. Any car depreciates by almost 50% in 4 years ( however hit the model may be) in the 10+Lac category. This is in Mumbai, Delhi. Banglore and Hyderabad exception again. Have you considered the Sonata Embera for 12 laks ? Or even better a year or less used example for abt 9 laks, etc Its much better than Accord in all respects. It looks better with reduced fat compared to the Accord. Drives better, little more powerful. Interior space is same as Accord. FE will be 1kmpl less than accord. Resale will fetch you 1 lak max less than a Accord when you sell it 5 years down the line. Hyundai A.S.S is noth to worry abt. Last edited by dipen : 4th December 2006 at 18:27.
	() Thanks

4th December 2006, 18:57	#8
jyobeb Senior - BHPian Join Date: Jul 2004 Location: Madurai Posts: 1,010 Thanked: 704 Times	Hi, if it's of any help, I bought a 2003 May Accord old shape, automatic, in very good nick, 70K Km fully loaded with power everything including seat, retractable mirrors, leather, twin air bags, new tyres, and dent free, with not even a paisa's worth of work, ten days ago for 6 lakhs. It is a car that I have known and seen upclose many times over the past three years.
	() Thanks

4th December 2006, 19:22	#9
maxbhp Senior - BHPian Join Date: May 2006 Location: C C K Posts: 1,382 Thanked: 89 Times View My Garage	IT is the boot and front grille thats going to change in the new one and ofcourse 162 bhp 2.4 is expected too....and manual 3.0V6. The price may drop a bit , it wont go down drastically. The price for the accord seems just about right . I'd suggest not to wait any longer coz atleast you will get to ride for a while like its still in date...once the new car comes out ...you wont feel that great driving an older design...just a personal opinion.
	() Thanks

5th December 2006, 00:59	#12
Equus Senior - BHPian Join Date: Sep 2006 Location: Bangalore Posts: 1,123 Thanked: 423 Times	Used car prices in the south are higher than Mumbai for sure.. Anyways, considering the fact that its an Accord, 6L still sounds like a steal. 3 Yr old NHC commands around 5L or so.
	() Thanks

5th December 2006, 15:02	#13
rubin2006 BHPian Join Date: Sep 2006 Location: delhi/calgary Posts: 286 Thanked: Once	[quote=Equus;333034]Used car prices in the south are higher than Mumbai for sure.. Anyways, considering the fact that its an Accord, 6L still sounds like a steal. 3 Yr old NHC commands around 5L well its not 6 lacks its 8.5 lacks price are differnt in delhi and baglore for sure you buy new accord there for 17.5 here you buy for 16 so that difference will always be there its 8.5 to 9 in delhi and 10 in banglore or mumbai
	() Thanks

5th December 2006, 17:39	#15
katalyst BHPian Join Date: Jul 2006 Location: Hyderabad as of now Posts: 38 Thanked: 0 Times	I don't think the New Accord is being launched anytime soon. Atleast not in the next 2-3 months - or else, the dealers are keeping it under wraps to ensure the sales of the current model are not hit.
	() Thanks