Choosing used car option @ 7.5Lacs EDIT: Bought 2007 Corolla

liberal · 11th May 2008, 22:32

In my search for a sedan found few used car options.

Main criteria - Comfort, Driving pleasure, reliability & reasonable maintenance.

Options shortlisted, pending negotiation on price:

1. 2007 12000kms Mitsubishi Cedia Spirit 7Lacs
2. 2006 25000kms Toyota Corolla H1 8Lacs
3. 2007 13000kms Optra 1.6 LS Elite 6Lacs

The above cars are in good condition. Please give your opinions to help me make the right choice. I intend to keep the car for 3 yrs.

toiingg · 11th May 2008, 22:37

From the above list, my vote would go to the Corolla. Can't beat the world no.1 for (god knows how many) years.

gods-envy · 11th May 2008, 22:46

i think 8 lakhs is too much for a 2006 model, H1 Corolla model.
but still its one of the best among the three
try to negotiate hard....

The Cedia is more of a Sports kind of car and may not give the image and prestige that a Corolla will give.

JayD · 11th May 2008, 23:05

H1 is the base corolla right?? just after the executive?? then 8 lac is waaaay too much for it! driving pleasure and an optra will never come in the same sentence, and maintanence and fuel bills will be a headache..
So by default, the cedia wins.But even that is too overpriced. the cedia has terrible resale so bargain hard!

But if i were u, i'd go for a new honda city.

gods-envy · 11th May 2008, 23:17

Quote:

Originally Posted by JayD

H1 is the base corolla right?? just after the executive?? then 8 lac is waaaay too much for it!

yeah, its the one even without the alloys...we got a 2005 model h5 corolla, in 2007 for 9 lakhs. and it had just run less than 10k....so i think 8 lakhs is way too much.

Quote:

Originally Posted by JayD

driving pleasure and an optra will never come in the same sentence, and maintanence and fuel bills will be a headache..

ha ha ha, good one JayD

Quote:

Originally Posted by JayD

But if i were u, i'd go for a new honda city.

i think the Honda City would cost about 7 lakhs

v1p3r · 11th May 2008, 23:21

Buy a used Vtec for a fraction of the price. Spend some money on it.

The Cedia is looking a little expensive from where I'm standing.

Akshay1234 · 11th May 2008, 23:24

id take the cedia out of those 3.

ethanhunt123 · 11th May 2008, 23:52

I would buy the cedia if it was my money

karanraheja · 12th May 2008, 10:13

@ Liberal - The Corolla is the safest bet but its surely priced on the higher side.

OT : Why not wait for few months a give a shot at the Linea or the New City.

GTO · 12th May 2008, 10:44

Quote:

1. 2007 12000kms Mitsubishi Cedia Spirit 7Lacs
2. 2006 25000kms Toyota Corolla H1 8Lacs

Choose between these two, but do bargain on the price.....each of them should be atleast .75 - 1 lac lesser.

Go for the Corolla if you want a comfy back seat and care about resale. If you love to drive, the Cedia it is.

vkochar · 12th May 2008, 10:55

I would say go with the Cedia as it is quite new and a lovely car to drive. Resale might be a problem though BUT then you are buying it second hand so should not be that bad.

Also my friend bought a 2006 December Vtec for 6 Lacs this week. A good bargain I'd say. Search for one.

smack_himanshu · 12th May 2008, 11:42

Since you intend to keep the car for 3 years, go for corolla because of its resale value.
I guess cedia and optra would not return good amount after 3 years.
Try negotiating the price of corolla as new corolla is on the cards.

LLL · 12th May 2008, 13:44

Why dont you go for brand new corolla HE?

I believe there is a discount of 45k on HE, making the effective cost as 8.55 ex delhi. you may get corp discount & financing discount on top of this as well.

It would be much better bet than a used corolla for just a 50k more.

liberal · 12th May 2008, 23:17

Many thanks to all, your suggestions helped make my mind for Corolla and ruled out the Optra completely.

Got service history from Shirai Toyota & general check up done and the car checked out fine.

Car is reg Feb 2007 / make Dec 2006 with Stanley leather seat & Vkool film. The seller is quiet firm on price, after haggling have given offer of last 7.5L.

Have checked out deals on new Corolla, Discount HE/H1 - 50K, H2/H5 - 70K. On road price (Mumbai) after discount H1 - 11.25L & H2 - 12.20L.

kaush666 · 13th May 2008, 19:23

Quote:

Originally Posted by liberal

Many thanks to all, your suggestions helped make my mind for Corolla and ruled out the Optra completely.

Got service history from Shirai Toyota & general check up done and the car checked out fine.

Car is reg Feb 2007 / make Dec 2006 with Stanley leather seat & Vkool film. The seller is quiet firm on price, after haggling have given offer of last 7.5L.

Have checked out deals on new Corolla, Discount HE/H1 - 50K, H2/H5 - 70K. On road price (Mumbai) after discount H1 - 11.25L & H2 - 12.20L.

U could go a bit higher on a budget and get a brand new honda city vtec though...but if you're dead right on a used car then the corolla fares better over all the three...try bargaining harder and reduce it to about 7.2 / 7.3 lacs....even that is way too high for a 2006 h1 though...correct me if i am wrong

11th May 2008, 22:32	#1
liberal BHPian Join Date: Feb 2008 Location: Mumbai Posts: 145 Thanked: 13 Times View My Garage	Choosing used car option @ 7.5Lacs EDIT: Bought 2007 Corolla In my search for a sedan found few used car options. Main criteria - Comfort, Driving pleasure, reliability & reasonable maintenance. Options shortlisted, pending negotiation on price: 1. 2007 12000kms Mitsubishi Cedia Spirit 7Lacs 2. 2006 25000kms Toyota Corolla H1 8Lacs 3. 2007 13000kms Optra 1.6 LS Elite 6Lacs The above cars are in good condition. Please give your opinions to help me make the right choice. I intend to keep the car for 3 yrs.
	() Thanks

11th May 2008, 22:37	#2
toiingg BHPian Join Date: Oct 2006 Location: Calcutta Posts: 639 Thanked: 266 Times	From the above list, my vote would go to the Corolla. Can't beat the world no.1 for (god knows how many) years.
	() Thanks

11th May 2008, 22:46	#3
gods-envy BHPian Join Date: Nov 2007 Location: Bangalore Posts: 474 Thanked: 38 Times View My Garage	i think 8 lakhs is too much for a 2006 model, H1 Corolla model. but still its one of the best among the three try to negotiate hard.... The Cedia is more of a Sports kind of car and may not give the image and prestige that a Corolla will give.
	() Thanks

11th May 2008, 23:05	#4
JayD Senior - BHPian Join Date: Jun 2007 Location: Cochin! At last Posts: 3,236 Thanked: 2,568 Times View My Garage	H1 is the base corolla right?? just after the executive?? then 8 lac is waaaay too much for it! driving pleasure and an optra will never come in the same sentence, and maintanence and fuel bills will be a headache.. So by default, the cedia wins.But even that is too overpriced. the cedia has terrible resale so bargain hard! But if i were u, i'd go for a new honda city.
	() Thanks

11th May 2008, 23:21	#6
v1p3r Senior - BHPian Join Date: Feb 2005 Location: BLR / DXB / LON Posts: 5,334 Thanked: 6,896 Times View My Garage	Buy a used Vtec for a fraction of the price. Spend some money on it. The Cedia is looking a little expensive from where I'm standing.
	() Thanks

11th May 2008, 23:24	#7
Akshay1234 Team-BHP Support Join Date: Dec 2006 Location: Mumbai Posts: 10,265 Thanked: 12,317 Times	id take the cedia out of those 3.
	() Thanks

11th May 2008, 23:52	#8
ethanhunt123 Senior - BHPian Join Date: Aug 2006 Location: Bangalore Posts: 1,384 Thanked: 1,033 Times View My Garage	I would buy the cedia if it was my money
	() Thanks

12th May 2008, 10:13	#9
karanraheja Senior - BHPian Join Date: Feb 2008 Location: Coimbatore Posts: 1,961 Thanked: 436 Times	@ Liberal - The Corolla is the safest bet but its surely priced on the higher side. OT : Why not wait for few months a give a shot at the Linea or the New City.
	() Thanks

12th May 2008, 10:55	#11
vkochar Senior - BHPian Join Date: Aug 2006 Location: Delhi / Agra / London Posts: 2,146 Thanked: 819 Times View My Garage	I would say go with the Cedia as it is quite new and a lovely car to drive. Resale might be a problem though BUT then you are buying it second hand so should not be that bad. Also my friend bought a 2006 December Vtec for 6 Lacs this week. A good bargain I'd say. Search for one. Last edited by vkochar : 12th May 2008 at 10:57.
	() Thanks

12th May 2008, 11:42	#12
smack_himanshu BHPian Join Date: Jan 2008 Location: New Delhi Posts: 91 Thanked: 9 Times	Since you intend to keep the car for 3 years, go for corolla because of its resale value. I guess cedia and optra would not return good amount after 3 years. Try negotiating the price of corolla as new corolla is on the cards.
	() Thanks

12th May 2008, 13:44	#13
LLL BHPian Join Date: Mar 2005 Location: Delhi Posts: 635 Thanked: 2 Times	Why dont you go for brand new corolla HE? I believe there is a discount of 45k on HE, making the effective cost as 8.55 ex delhi. you may get corp discount & financing discount on top of this as well. It would be much better bet than a used corolla for just a 50k more.
	() Thanks

12th May 2008, 23:17	#14
liberal BHPian Join Date: Feb 2008 Location: Mumbai Posts: 145 Thanked: 13 Times View My Garage	Many thanks to all, your suggestions helped make my mind for Corolla and ruled out the Optra completely. Got service history from Shirai Toyota & general check up done and the car checked out fine. Car is reg Feb 2007 / make Dec 2006 with Stanley leather seat & Vkool film. The seller is quiet firm on price, after haggling have given offer of last 7.5L. Have checked out deals on new Corolla, Discount HE/H1 - 50K, H2/H5 - 70K. On road price (Mumbai) after discount H1 - 11.25L & H2 - 12.20L.
	() Thanks