Verna resale price?

wizofoz · 22nd January 2007, 13:42

Hi Folks,

I have a Verna xi model that I may have to sell as I am relocating. Any ideas on how much would it fetch?

Model: Petrol xi
Color: Deep Pearl Blue
Mileage: 1300 kms
Condition: As good as new

Thanks in advance for any inputs.

-SM

ravibhat · 22nd January 2007, 15:55

Since Verna is new car its hard to tell about resale value. For any car there wil be at least 20% deppreciation of on road price and 50% depreciation on accessories you have fit. Do the calculation to yourself!

Used car is always used car no one trust it while buying and they won't give single paisa sometimes for accessories we have fit.

I have sold multiple cars so far since I tend to change the cars regularly but I can see I have got very good resale value every time since I maintained my cars very good. But however there will be 20% depreciation for most of the popular cars like Verna for first 1 year. I am sure in your case its Verna 2006 manufactured car. so depreciation is at least 20% or slightly more than that unless you get Verna fan who repect it and give good value!

I suggest you approach popular automatch they should find some buyers for you also put good ad in news papers and website since i am sure there are many guys who want to buy verna immediately.

Regards,

Ravi.

Sam Kapasi · 22nd January 2007, 16:15

I would have suggested you put it on the marketplace, but i realise you are a newbie and cannot post there. I am sorry you have to sell your new car and I hope you get a good value for it.

GTO · 22nd January 2007, 16:23

No one can tell you for sure, but heres a guesstimate. The Diesel Verna will have decent resale, but yours being a petrol.....I doubt the value in the second hand car market.

namit · 22nd January 2007, 16:27

I think it would be more appropriate to take the car along if relocating within India as otherwise you may loose out a lot.

Equus · 22nd January 2007, 16:34

Unfortunate.. Selling thru known channels would get you the best value. Try to find someone at your work place or neighbourhood.

I would have been interested but I certainly want to take a look at the new Baleno whenever its launched and then decide..

Sam Kapasi · 22nd January 2007, 17:16

I agree wiz. If you are relocating within India, I too suggest that you relocate, with your new Verna. It is brand new, you bought it because you like it and you will need a car anyways, why do you want to lose money?

Unless you are relocating outside of India.

wizofoz · 22nd January 2007, 17:33

Well, I would have loved to hold on to the car but I am moving to the US.

gonecase_01 · 22nd January 2007, 18:21

well how much are you expecting for it...

ravibhat · 22nd January 2007, 19:06

If you can email me your expected rate I can help you to refer a person who is known to mefrom many many years and he is honest guy to find good buyers.

If needed I will give his cell number and I am sure he will help for sure.

Regards,

Ravi.

rohitbagai · 23rd January 2007, 00:26

I would suggest...go to dealership and grease palm of a sales guy and ask him phone numbers of persons interested in a new petrol Verna....is it financed?

v1p3r · 23rd January 2007, 00:32

Quote:

Originally Posted by rohitbagai

I would suggest...go to dealership and grease palm of a sales guy and ask him phone numbers of persons

Welcome to India...

...............................

22nd January 2007, 13:42	#1
wizofoz Newbie Join Date: Sep 2006 Location: Bangalore Posts: 6 Thanked: 0 Times	Verna resale price? Hi Folks, I have a Verna xi model that I may have to sell as I am relocating. Any ideas on how much would it fetch? Model: Petrol xi Color: Deep Pearl Blue Mileage: 1300 kms Condition: As good as new Thanks in advance for any inputs. -SM
	() Thanks

22nd January 2007, 15:55	#2
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,256 Thanked: 37 Times View My Garage	Since Verna is new car its hard to tell about resale value. For any car there wil be at least 20% deppreciation of on road price and 50% depreciation on accessories you have fit. Do the calculation to yourself! Used car is always used car no one trust it while buying and they won't give single paisa sometimes for accessories we have fit. I have sold multiple cars so far since I tend to change the cars regularly but I can see I have got very good resale value every time since I maintained my cars very good. But however there will be 20% depreciation for most of the popular cars like Verna for first 1 year. I am sure in your case its Verna 2006 manufactured car. so depreciation is at least 20% or slightly more than that unless you get Verna fan who repect it and give good value! I suggest you approach popular automatch they should find some buyers for you also put good ad in news papers and website since i am sure there are many guys who want to buy verna immediately. Regards, Ravi.
	() Thanks

22nd January 2007, 16:15	#3
Sam Kapasi Distinguished - BHPian Join Date: Jul 2005 Location: Mumbai (but wat Posts: 6,997 Thanked: 2,378 Times View My Garage	I would have suggested you put it on the marketplace, but i realise you are a newbie and cannot post there. I am sorry you have to sell your new car and I hope you get a good value for it.
	() Thanks

22nd January 2007, 16:23	#4
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,497 Thanked: 300,308 Times View My Garage	No one can tell you for sure, but heres a guesstimate. The Diesel Verna will have decent resale, but yours being a petrol.....I doubt the value in the second hand car market.
	() Thanks

22nd January 2007, 16:27	#5
namit BHPian Join Date: Jan 2006 Location: Delhi Posts: 402 Thanked: 55 Times	I think it would be more appropriate to take the car along if relocating within India as otherwise you may loose out a lot.
	() Thanks

22nd January 2007, 16:34	#6
Equus Senior - BHPian Join Date: Sep 2006 Location: Bangalore Posts: 1,123 Thanked: 423 Times	Unfortunate.. Selling thru known channels would get you the best value. Try to find someone at your work place or neighbourhood. I would have been interested but I certainly want to take a look at the new Baleno whenever its launched and then decide..
	() Thanks

22nd January 2007, 17:16	#7
Sam Kapasi Distinguished - BHPian Join Date: Jul 2005 Location: Mumbai (but wat Posts: 6,997 Thanked: 2,378 Times View My Garage	I agree wiz. If you are relocating within India, I too suggest that you relocate, with your new Verna. It is brand new, you bought it because you like it and you will need a car anyways, why do you want to lose money? Unless you are relocating outside of India.
	() Thanks

22nd January 2007, 17:33	#8
wizofoz Newbie Join Date: Sep 2006 Location: Bangalore Posts: 6 Thanked: 0 Times	Well, I would have loved to hold on to the car but I am moving to the US.
	() Thanks

22nd January 2007, 18:21	#9
gonecase_01 BHPian Join Date: Jan 2006 Location: Mumbai Posts: 163 Thanked: Once	well how much are you expecting for it...
	() Thanks

22nd January 2007, 19:06	#10
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,256 Thanked: 37 Times View My Garage	If you can email me your expected rate I can help you to refer a person who is known to mefrom many many years and he is honest guy to find good buyers. If needed I will give his cell number and I am sure he will help for sure. Regards, Ravi.
	() Thanks

23rd January 2007, 00:26	#11
rohitbagai BHPian Join Date: Aug 2006 Location: New Delhi Posts: 410 Thanked: 259 Times	I would suggest...go to dealership and grease palm of a sales guy and ask him phone numbers of persons interested in a new petrol Verna....is it financed?
	() Thanks