Is 4.25 L the right price for a 2003 OHC Vtec

adityapd · 30th March 2007, 20:07

Hi,

I am just on the verge of finalising a deal for OHC VTEC with a dealer in Mumbai and need some guidance whether I should go the last mile and close the deal :

The details are as under

manufactured : Jan 03 and registered : April 2003

Naples Gold, overall in good condition except for minor dents / scrathes on the body ( thanks to Mumbai's traffic / parking conditions)

Company registered, single owner, Comprehensive insurance expiring on April 07

Thane registered and done 34,000 kms.

Leather seat covers and original Honda Tape deck.

Also since tomorrow is my final visit to the dealer, kindly let me know, what all should my checklist include so that I don't miss out on anything.

Early replies will be appreciated.

Thanks

~A

The dealer also has a MH17 registered 2003 April OHC 1.5 EXI in immaculate condition, completely scratchless and nice aura alloys. The price quoted for this car too is 4.25 L.

danlalan · 30th March 2007, 20:23

STEEP..for an ohc exi...4.25...way too much...for that price you could get an NHC....wear as for your vtec you going to finalise is also steep but if uve got your heart set on it..then jus go ahead and buy it..34000 sounds good too.

manson · 30th March 2007, 21:43

dingling: 3.4L for a 2003 well kept vtec, more like a 2001 spec pal

adiyapd: anywhere between 3.75-4ish is an ok price dependign on condition, place of registration, channel of purchase, etc
check with viper, he got his vtec recently, he should know the market prices for the same.

manson.

esteem_lover · 30th March 2007, 22:24

Hmph. my friend bought a 2002 Vtec in chennai for 4.85L.

@danlalan... Who wants a NHC?

Jaggu · 30th March 2007, 22:34

WOW!! 2002 model at 4.85 lakh!!! way too high i say

esteem_lover · 30th March 2007, 23:07

2001 Vtec 2nd owner was quoted at 5.55L in bangalore. consider that.

adityapd · 30th March 2007, 23:09

Quote:

Originally Posted by danlalan

STEEP..for an ohc exi...4.25...way too much...for that price you could get an NHC....wear as for your vtec you going to finalise is also steep but if uve got your heart set on it..then jus go ahead and buy it..34000 sounds good too.

a NHC for 4.25 L in Mumbai....danlalan can you pls give me details of this car / dealer....i know someone who might be interested.

and esteem lover dunno about prices in Chennai / Bangalore but used car prices are way cheaper in Mumbai

~A

Jaggu · 30th March 2007, 23:13

no man, saw something in CMH road in bangalore, dealer, couple of weeks back 2003 42k km single owner, was quoting 4.7 which could be bargained atleast by another 20 k only issue was the color some version of gold which looked yuck, they claimed to have service record also since i asked coz the car was in tip top shape

this specimen was parked way inside hidden wonder why...

harsh87 · 30th March 2007, 23:15

the price is fine as the car has done 34k only
prices are pretty much similar in delhi also
ohc vtec '03 sells for 3.6-3.8 and good ones with low mileage as the one you mention go for 4+

iraghava · 31st March 2007, 00:10

Aditya - Here's the check list:

1. Mileage - Make sure that the 34k as told to you is genuine & that the meter has not been wound back.

2. Engine & Gearbox- Drive it around & rev her to 7000 rpm in seocnd gear, should do it absolutely clean with absolutely no problems. Gears should also engage smmothly & the clutch should be quite light.

3. Suspension - This is one of the Achilles Heel of the OHC, make sure that the suspension is in good shape by driving around on bumpy roads & listening for any unusual sound especially from the front tie-rod ends since they are quite susceptible to failure. Also in an empty parking lot/ground turn the steering full lock on both left & right sides & drive the car to make sure there is no noise from the axles.

4. Steering Rack - This is a known component which can fail in some cases. Make sure that the steering rack does not make a noise in bumps.

5. Accidental Damage - Make sure there is no accidental damage of any kind.

6. Genuity - Most important of them all, please be 100% sure that the car is a genuine VTEC & not a tarted-up 1.5 Here is a small checklist:

1. Enkei Alloys 14"
2. Leather on Steering Wheel & Gearknob.
3. Silver finish console.
4. See-through head rests.
5. Twin-pipe Exhaust.
6. VTEC labelled Engine Head Cover.

danlalan · 31st March 2007, 00:19

4.50 is the asking price for that NHC..done 45000ks...shall ask the owner if its still for sale or sold...

GTO · 31st March 2007, 09:57

Like Manson said, anything between 3.75 - 4 is pretty much the average for a 2003 Vtec. If you like the car, try to bargain down. If you really like the car, pick it up nevertheless. A clean used car will save you a lot of $$$ in the long run.

Quote:

1. Enkei Alloys 14"

Enkei?? I never had a clue.

viper · 31st March 2007, 10:03

Hi Adityapd,

As Manson and GTO suggested 3.75-4 lacs is a correct price for the car. I got mine for 3.45 lacs which was loaded with a lot of stuff. If you want me to have the car authenticated for you and checked for abuse or tampering give me a buzz will be glad to help out.

BTW which shape are we talking about. Was the type II not discontinued in 2002, at least thats what I was told.

Viper

manson · 31st March 2007, 10:30

type 2 went out in late 2003, stocks were cleared as late as october 2003.

manson.

iraghava · 31st March 2007, 16:14

Quote:

Originally Posted by GTO

Enkei?? I never had a clue.

Yup, genuine Enkei's!!

30th March 2007, 20:07	#1
adityapd BHPian Join Date: Feb 2004 Location: Mumbai, Philadelphia Posts: 288 Thanked: 7 Times View My Garage	Is 4.25 L the right price for a 2003 OHC Vtec Hi, I am just on the verge of finalising a deal for OHC VTEC with a dealer in Mumbai and need some guidance whether I should go the last mile and close the deal : The details are as under manufactured : Jan 03 and registered : April 2003 Naples Gold, overall in good condition except for minor dents / scrathes on the body ( thanks to Mumbai's traffic / parking conditions) Company registered, single owner, Comprehensive insurance expiring on April 07 Thane registered and done 34,000 kms. Leather seat covers and original Honda Tape deck. Also since tomorrow is my final visit to the dealer, kindly let me know, what all should my checklist include so that I don't miss out on anything. Early replies will be appreciated. Thanks ~A The dealer also has a MH17 registered 2003 April OHC 1.5 EXI in immaculate condition, completely scratchless and nice aura alloys. The price quoted for this car too is 4.25 L.
	() Thanks

30th March 2007, 20:23	#2
danlalan Senior - BHPian Join Date: Nov 2005 Location: mumbai,JUHU Posts: 1,636 Thanked: 263 Times View My Garage	STEEP..for an ohc exi...4.25...way too much...for that price you could get an NHC....wear as for your vtec you going to finalise is also steep but if uve got your heart set on it..then jus go ahead and buy it..34000 sounds good too.
	() Thanks

30th March 2007, 21:43	#3
manson Team-BHP Support Join Date: Oct 2004 Location: Bombay Posts: 3,934 Thanked: 4,169 Times View My Garage	dingling: 3.4L for a 2003 well kept vtec, more like a 2001 spec pal adiyapd: anywhere between 3.75-4ish is an ok price dependign on condition, place of registration, channel of purchase, etc check with viper, he got his vtec recently, he should know the market prices for the same. manson.
	() Thanks

30th March 2007, 22:24	#4
esteem_lover Senior - BHPian Join Date: Jul 2006 Location: Madras/Py Posts: 7,556 Thanked: 502 Times View My Garage	Hmph. my friend bought a 2002 Vtec in chennai for 4.85L. @danlalan... Who wants a NHC?
	() Thanks

30th March 2007, 22:34	#5
Jaggu Team-BHP Support Join Date: May 2004 Location: Bangalore Posts: 20,215 Thanked: 15,906 Times	WOW!! 2002 model at 4.85 lakh!!! way too high i say
	() Thanks

30th March 2007, 23:07	#6
esteem_lover Senior - BHPian Join Date: Jul 2006 Location: Madras/Py Posts: 7,556 Thanked: 502 Times View My Garage	2001 Vtec 2nd owner was quoted at 5.55L in bangalore. consider that.
	() Thanks

30th March 2007, 23:13	#8
Jaggu Team-BHP Support Join Date: May 2004 Location: Bangalore Posts: 20,215 Thanked: 15,906 Times	no man, saw something in CMH road in bangalore, dealer, couple of weeks back 2003 42k km single owner, was quoting 4.7 which could be bargained atleast by another 20 k only issue was the color some version of gold which looked yuck, they claimed to have service record also since i asked coz the car was in tip top shape this specimen was parked way inside hidden wonder why...
	() Thanks

30th March 2007, 23:15	#9
harsh87 BHPian Join Date: Aug 2006 Location: Delhi Posts: 169 Thanked: 3 Times View My Garage	the price is fine as the car has done 34k only prices are pretty much similar in delhi also ohc vtec '03 sells for 3.6-3.8 and good ones with low mileage as the one you mention go for 4+
	() Thanks

31st March 2007, 00:10	#10
iraghava Senior - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 8,033 Thanked: 265 Times View My Garage	Aditya - Here's the check list: 1. Mileage - Make sure that the 34k as told to you is genuine & that the meter has not been wound back. 2. Engine & Gearbox- Drive it around & rev her to 7000 rpm in seocnd gear, should do it absolutely clean with absolutely no problems. Gears should also engage smmothly & the clutch should be quite light. 3. Suspension - This is one of the Achilles Heel of the OHC, make sure that the suspension is in good shape by driving around on bumpy roads & listening for any unusual sound especially from the front tie-rod ends since they are quite susceptible to failure. Also in an empty parking lot/ground turn the steering full lock on both left & right sides & drive the car to make sure there is no noise from the axles. 4. Steering Rack - This is a known component which can fail in some cases. Make sure that the steering rack does not make a noise in bumps. 5. Accidental Damage - Make sure there is no accidental damage of any kind. 6. Genuity - Most important of them all, please be 100% sure that the car is a genuine VTEC & not a tarted-up 1.5 Here is a small checklist: 1. Enkei Alloys 14" 2. Leather on Steering Wheel & Gearknob. 3. Silver finish console. 4. See-through head rests. 5. Twin-pipe Exhaust. 6. VTEC labelled Engine Head Cover.
	() Thanks

31st March 2007, 00:19	#11
danlalan Senior - BHPian Join Date: Nov 2005 Location: mumbai,JUHU Posts: 1,636 Thanked: 263 Times View My Garage	4.50 is the asking price for that NHC..done 45000ks...shall ask the owner if its still for sale or sold...
	() Thanks

31st March 2007, 10:03	#13
viper BANNED Join Date: Mar 2005 Location: Mumbai Posts: 1,773 Thanked: 19 Times	Hi Adityapd, As Manson and GTO suggested 3.75-4 lacs is a correct price for the car. I got mine for 3.45 lacs which was loaded with a lot of stuff. If you want me to have the car authenticated for you and checked for abuse or tampering give me a buzz will be glad to help out. BTW which shape are we talking about. Was the type II not discontinued in 2002, at least thats what I was told. Viper Last edited by viper : 31st March 2007 at 10:05.
	() Thanks

31st March 2007, 10:30	#14
manson Team-BHP Support Join Date: Oct 2004 Location: Bombay Posts: 3,934 Thanked: 4,169 Times View My Garage	type 2 went out in late 2003, stocks were cleared as late as october 2003. manson.
	() Thanks