Hi all!
So here is another iteration of the ever so popular thread- buying a pre owned luxury car. In my defence, I have gone over all the old threads, and this price point has not yet been addressed.
But first, some background:-
My automotive stable comprises a 1979 Yezdi 250D Classic which has been in my family for 42 years, a 2004 Corolla which I bought preowned in 2010, and a 2019 Hexa XTA which my wife rarely lets me touch. We are both working professionals, and in jobs which require routine transfers, and are likely to be in different cities for the next three years. The Corolla has given me yeoman service over the past decade, but now at 17 years, it is reaching the end of its lifespan, and time to retire to that great garage in the sky. I am in my mid-forties, and with the electric revolution, this next car would probably be the last internal combustion vehicle I would buy. I would therefore like to go out with a bang rather than a whimper (whatever bang is possible in this budget). The vehicle will be used for daily commute of 5-10 kms, and weekend golfing/shopping trips. I have had a good experience with my last pre owned purchase, and so I’m comfortable going the pre-owned route.
Here are my requirements:-
Mandatory
Automatic. After suffering the traffic jams of Bangalore and Delhi, I want some respite.
Budget 15-20 L
Should be an upgrade from the Corolla
Good safety features
Should be an enjoyable ride. My ‘need for speed’ is met by the three-wheelers I ‘drive’ at work. Handling and responsiveness are more desirable than straight line speed.
Desirable A ‘luxury’ car. I’m aware that the definition of luxury varies from person to person. I have read all the threads related to maintenance issues with the luxury badge. My dream car as a child was the Jaguar – inspired by references in Pink Floyd (Welcome to the Machine) and the Sting music video for Desert Rose. However, the pundits at Team BHP appear to be uniformly consistent in saying that buying a used Jag is a BAD idea. Since I do want some peace of mind, the Jag idea was dropped.
Reliability. Again, I’m aware that Luxury and Reliability may be mutually exclusive. After owning the mostly bulletproof Toyota for over a decade, I’m kinda spoilt. On the other hand, having nursed my temperamental Yezdi into its fifth decade, I’m used to dealing with a diva. Ideally, I’m looking for any vehicle residing in the overlap of this venn diagram. A slight skew either side is acceptable. I intend to keep the car for the next 8-10 years.
Optional Decent Ground clearance. I have enjoyed the reasonably high GC of the Corolla, and laughed at the travails of my friends in the City and Civic as they gingerly negotiated the potholes and mountainous speedbreakers of my last residence. I would rather not be in the position of having to ask my passengers to exit the car before I negotiate a speedbreaker.
The options
I reside in Punjab and am in the process of moving to Kanpur. From my research, Delhi appears to be the closest and cheapest option for used cars. I did a survey of the used car ads in Delhi, and went to a few dealerships. The most common and affordable ‘luxury’ barge appears to be from the Audi stable. I enjoyed driving the A4, but again, the consensus in Team BHP threads appeared to be that the Jag, Audi and Merc are high maintenance money pits.
This left me with the Beemer, (3,5 series/X1), Volvo (S60/XC60/V-40), Mini Cooper and the Camry. Ideally around 5 years old. I do not want the Endeavour, Pajero, Innova etc. I am not interested in anything from Maruti, Hyundai, Ford, Honda (personal idiosyncrasies). Any other options available? I have budgeted around 1 L per year for maintenance.
Finally, regarding where to buy from. I have searched Carwale, Cars 24, OLX, and paid a visit to a few used car dealerships in Delhi such as Mr Car Naraina, Kunj Motors, and various dealerships at Janakpuri and Ashok Vihar. I have seen large discrepancies in the pricing, and certain extremely low priced cars remaining unsold for months which leaves me afraid of being hoodwinked. I have also spoken to the BMW dealers for certified cars. I have gone over the excellent ‘How to buy a used car’ article, and intend to send whichever car I select to the authorised service center to be assessed before buying. I would also appreciate advice on the most reliable dealership/ website for buying my car.
And lastly, should I just dump my desire for a ‘luxury’ car and get a new Polo GT TSI? I’m getting a new one Ex Showroom for 8.5L. Its looking a bit dated though ☹.
So to sum up.
1. What Car?
2. Where should I buy it from?
3. Should I buy a relatively newer car for 20 L, or an older model for 15 L and spend 5 L on preventive maintenance?
4. Am I being dumb?
5. Is this even possible?
Cheers!