Going to book a Laura Ambinete - Red

vipul_bscity · 26th December 2007, 13:46

Hi Dear,

I am going to book a Laura Ambiente - Red in a day or two. Had taken test drive. To drive, the car is great. Here I have to say that I am a Corolla user since last 3 years and owned two Corolla (H2 & H5) both same Perl Mica Color.

None on the Cars in that range gives me features like Corolla for sure. 6 CD In dash, Audio Control in Streering, Auto AC, very great seats in back and good center arm rest (Rear and back).

What I am missing in Laura Ambinete are all the above.

Any suggestions on Pre Delivery etc and freebies offered. I am not upgrading the Fabric inside as of now. Let see it fist and then I can upgrade this. I may be takign from Udit Motors in Thane. Some guys form ICICI are getting the deal. No much freebies but. In Fiannance, it coems at 1.30 lakhs down payment (all inclusive) and close to 28,500 EMI (For 5 years)

Any feedback on Audio quality, I think it only has got 4 speakers. To me the sound does not seems great and much less quality that my Corolla (with stock 4 speakers and 2 Tweeters)

Pl suggest. It will be helpful for me to shift to Laura. OR my wife is consistantly forcing me to go for same H5 Corolla again that I am not intending as down 6 - 8 months, we can see a new Corolla altogether. But till date, driving corolla is also a great fun altogether.

Thanks,
Vipul Kumar

vcash · 26th December 2007, 15:17

Hi Vipul,

Doesn't this seem a tad high? By my calc - you are paying 18.4L in 5 years. I thought the Ambienete was 13.5L ex-showroom so 5L in interest? Are the figures right or are you getting shortchanged by the bank?

speedzak · 26th December 2007, 16:06

For 18.4L, I think the Laura is just way too overpriced. Not worth the price for a rebadged Octavia.

My suggestion is to think twice and calculate hard before you sign the cheques.

vipul_bscity · 26th December 2007, 16:21

But we also have to consider that the upfront price that has to be paid is only 1.3 Lakhs and you have the car at your disposal. I consider this as a "Pay as you drive". Over 5 years I have to pay 5 Lakhs in Interest (roughly 1 Lakhs an year).

I think any of the car of this segment will work out the same.Corolla H5, its coming close to 16 Lakhs over 5 year.

Other alternative is that I pay significant amount upfront (I thinking more than half).

Any suggestion: either go for 5 years with this EMI of 28500/- OR pay heave amount upfront. I will anyway nto keep the car after 5 years.

Thanks,

mobike008 · 26th December 2007, 16:37

Wow, your surely are getting shortchanged. The total interest over a period of 5 years should not cross 2L or 2.5 L maximum, if your paying only 10% upfront.

vipul_bscity · 26th December 2007, 16:57

I have got these 3 figures below and the Int rate ICICI guys says is 10.5 % reducing.

247202640228500EMI121212Months296640316824342000per yr outflow555Years148320015841201710000Total EMI Outflow299771243453130000Down Payment178297118275731840000Total cost in 5 years143305114330511433051Car Cost (1289990+93799+49262)349920394522406949Total Int Over 5 years

madhukar_n · 26th December 2007, 17:00

hey vipul,
i guess you will do the math part...

regarding the car, i recently test drove it for my BIL. it was a wonderful car. He also had a corolla and wanted a change. the drive, the interiors were very good. the space is also quite good.. a little more than corolla. i could not make out any difference in the audio, it seemed quite good. sitting in the skoda itself will make you feel safe. it feels so heavy. you open the door and you can see the difference. i was pretty impressed. we also test drove the Grand Vitara and since he wanted a change from the normal luxury sedan, we decided on the Grand Vitara.

thanks.

vipul_bscity · 26th December 2007, 17:24

The Cost of Laura Ambiente Ex Thane is 14,33,051 (12,89,990 + Reg 93799 + Insurance 49262). After a DP of 1,30,000/- (All inclusive of Reg and Insurance. There is nothing free in Ambiente now)) with an EMI of 28,500/- per month, I see that I am ending up paying an total interest of 4.06,949/- over 5 years (Per year the inerest component outflow comes as an average of 81390/-) with an interest rate of 10.5 %.

Is this a bad deal ??? Ther eis nothing better any of the Skoda dealers give in Mumbai / Thane.

BUSA · 26th December 2007, 17:29

Your taking loan from Udit Motors Thane or the car? If Loan then i guess our taking it from GMAC(General Motors Acceptance Corporation) What is the interest rate you are getting the loan?

vipul_bscity · 26th December 2007, 17:39

I am planning to take the car from JMD Skoda, Thane and loan from ICICI. There is one guy who does for all my cars and suposed to give me the best deal.
I have also checked with Autograph in Andheri. They had given me two option with 26,402/ - (DP = 243,453) and 24,720 (DP = 299,771). There are no discounts it seems by any of the dealers. I am only eying the 3.5 % or so of the fianance discount which has to be adjusted in this deal. Thats all.

From ICICI I am gettign 10.5 % interest rate.

vkochar · 26th December 2007, 18:15

Well It's ICICI - WHat do you expect ??

Ambiente is actually doing quite well currently and they are selling like hot cakes I am told.

ac 427 · 26th December 2007, 18:59

Quote:

Originally Posted by vkochar

Well It's ICICI - WHat do you expect ??

off topic : you bet. . .they are the scum of the earth.

jesal · 26th December 2007, 19:15

why are ppl so mad for skoda id never pay 14 laks for a basic engine and body. get a proper laura man its loaded and nice.

BUSA · 27th December 2007, 01:57

Quote:

Originally Posted by jesal

why are ppl so mad for skoda id never pay 14 laks for a basic engine and body. get a proper laura man its loaded and nice.

Dude he is buying Laura only

girishg · 27th December 2007, 08:35

Quote:

Originally Posted by BUSA

Dude he is buying Laura only

By proper- I think he meant a higher spec laura, the elegance or the L&k and not the ambiente.

26th December 2007, 13:46	#1
vipul_bscity BHPian Join Date: May 2006 Location: Mumbai Posts: 85 Thanked: 36 Times	Going to book a Laura Ambinete - Red Hi Dear, I am going to book a Laura Ambiente - Red in a day or two. Had taken test drive. To drive, the car is great. Here I have to say that I am a Corolla user since last 3 years and owned two Corolla (H2 & H5) both same Perl Mica Color. None on the Cars in that range gives me features like Corolla for sure. 6 CD In dash, Audio Control in Streering, Auto AC, very great seats in back and good center arm rest (Rear and back). What I am missing in Laura Ambinete are all the above. Any suggestions on Pre Delivery etc and freebies offered. I am not upgrading the Fabric inside as of now. Let see it fist and then I can upgrade this. I may be takign from Udit Motors in Thane. Some guys form ICICI are getting the deal. No much freebies but. In Fiannance, it coems at 1.30 lakhs down payment (all inclusive) and close to 28,500 EMI (For 5 years) Any feedback on Audio quality, I think it only has got 4 speakers. To me the sound does not seems great and much less quality that my Corolla (with stock 4 speakers and 2 Tweeters) Pl suggest. It will be helpful for me to shift to Laura. OR my wife is consistantly forcing me to go for same H5 Corolla again that I am not intending as down 6 - 8 months, we can see a new Corolla altogether. But till date, driving corolla is also a great fun altogether. Thanks, Vipul Kumar
	() Thanks

26th December 2007, 15:17	#2
vcash BHPian Join Date: Dec 2006 Location: Los Angeles Posts: 453 Thanked: 22 Times	Hi Vipul, Doesn't this seem a tad high? By my calc - you are paying 18.4L in 5 years. I thought the Ambienete was 13.5L ex-showroom so 5L in interest? Are the figures right or are you getting shortchanged by the bank?
	() Thanks

26th December 2007, 16:06	#3
speedzak BANNED Join Date: Mar 2006 Location: India Posts: 4,347 Thanked: 27 Times	For 18.4L, I think the Laura is just way too overpriced. Not worth the price for a rebadged Octavia. My suggestion is to think twice and calculate hard before you sign the cheques.
	() Thanks

26th December 2007, 16:21	#4
vipul_bscity BHPian Join Date: May 2006 Location: Mumbai Posts: 85 Thanked: 36 Times	But we also have to consider that the upfront price that has to be paid is only 1.3 Lakhs and you have the car at your disposal. I consider this as a "Pay as you drive". Over 5 years I have to pay 5 Lakhs in Interest (roughly 1 Lakhs an year). I think any of the car of this segment will work out the same.Corolla H5, its coming close to 16 Lakhs over 5 year. Other alternative is that I pay significant amount upfront (I thinking more than half). Any suggestion: either go for 5 years with this EMI of 28500/- OR pay heave amount upfront. I will anyway nto keep the car after 5 years. Thanks,
	() Thanks

26th December 2007, 16:37	#5
mobike008 Distinguished - BHPian Join Date: Sep 2006 Location: Seattle, WA Posts: 11,695 Thanked: 14,800 Times View My Garage	Wow, your surely are getting shortchanged. The total interest over a period of 5 years should not cross 2L or 2.5 L maximum, if your paying only 10% upfront.
	() Thanks

26th December 2007, 16:57	#6
vipul_bscity BHPian Join Date: May 2006 Location: Mumbai Posts: 85 Thanked: 36 Times	I have got these 3 figures below and the Int rate ICICI guys says is 10.5 % reducing. 247202640228500EMI121212Months296640316824342000per yr outflow555Years148320015841201710000Total EMI Outflow299771243453130000Down Payment178297118275731840000Total cost in 5 years143305114330511433051Car Cost (1289990+93799+49262)349920394522406949Total Int Over 5 years
	() Thanks

26th December 2007, 17:00	#7
madhukar_n BHPian Join Date: Apr 2007 Location: Bangalore Posts: 395 Thanked: 179 Times	hey vipul, i guess you will do the math part... regarding the car, i recently test drove it for my BIL. it was a wonderful car. He also had a corolla and wanted a change. the drive, the interiors were very good. the space is also quite good.. a little more than corolla. i could not make out any difference in the audio, it seemed quite good. sitting in the skoda itself will make you feel safe. it feels so heavy. you open the door and you can see the difference. i was pretty impressed. we also test drove the Grand Vitara and since he wanted a change from the normal luxury sedan, we decided on the Grand Vitara. thanks.
	() Thanks

26th December 2007, 17:24	#8
vipul_bscity BHPian Join Date: May 2006 Location: Mumbai Posts: 85 Thanked: 36 Times	The Cost of Laura Ambiente Ex Thane is 14,33,051 (12,89,990 + Reg 93799 + Insurance 49262). After a DP of 1,30,000/- (All inclusive of Reg and Insurance. There is nothing free in Ambiente now)) with an EMI of 28,500/- per month, I see that I am ending up paying an total interest of 4.06,949/- over 5 years (Per year the inerest component outflow comes as an average of 81390/-) with an interest rate of 10.5 %. Is this a bad deal ??? Ther eis nothing better any of the Skoda dealers give in Mumbai / Thane.
	() Thanks

26th December 2007, 17:29	#9
BUSA Senior - BHPian Join Date: Aug 2005 Location: Bombay Posts: 5,130 Thanked: 20 Times View My Garage	Your taking loan from Udit Motors Thane or the car? If Loan then i guess our taking it from GMAC(General Motors Acceptance Corporation) What is the interest rate you are getting the loan?
	() Thanks

26th December 2007, 17:39	#10
vipul_bscity BHPian Join Date: May 2006 Location: Mumbai Posts: 85 Thanked: 36 Times	I am planning to take the car from JMD Skoda, Thane and loan from ICICI. There is one guy who does for all my cars and suposed to give me the best deal. I have also checked with Autograph in Andheri. They had given me two option with 26,402/ - (DP = 243,453) and 24,720 (DP = 299,771). There are no discounts it seems by any of the dealers. I am only eying the 3.5 % or so of the fianance discount which has to be adjusted in this deal. Thats all. From ICICI I am gettign 10.5 % interest rate.
	() Thanks

26th December 2007, 18:15	#11
vkochar Senior - BHPian Join Date: Aug 2006 Location: Delhi / Agra / London Posts: 2,146 Thanked: 819 Times View My Garage	Well It's ICICI - WHat do you expect ?? Ambiente is actually doing quite well currently and they are selling like hot cakes I am told.
	() Thanks

26th December 2007, 19:15	#13
jesal BANNED Join Date: Apr 2004 Location: Mumbai Posts: 2,323 Thanked: 13 Times View My Garage	why are ppl so mad for skoda id never pay 14 laks for a basic engine and body. get a proper laura man its loaded and nice.
	() Thanks