HONDA CITY EXI 3months old, hardly used, How much i should pay?

loving_alaap · 31st May 2008, 01:13

Dear all. My very close friend want to sell his Honda City EXI, that is just 3 months old. he want to sell his car bcoz he is going abroad. As he is my very close friend, there is no question of cheating. I know the car since its purchase, and he has hardly use the car. So it is like a brand new car.

Now as i am interested to buy this car, he is just saying whatever i want to give, i can give. So all the Expert Team-BHPans, please help me out. What should be the actual price i should give to him?

or should i wait for the new new Honda City? this year??????? when it will be coming to INDIA?

vkochar · 31st May 2008, 08:27

NNHC is on it's way BUT this deal should also be sweet. Usually such cars depreciate by 75k or so the moment it comes out of the showroom.

Offer him 75k less than the OTR Price and I would think it's a fair deal. In all circumstances, NHC has one of the best possible resale values among all cars.

hrman · 31st May 2008, 08:48

IMO pls ask for 75k to 1L less than OTR.

Sahil · 31st May 2008, 09:40

1 to 1.25 lakh OTR
visit a used car dealer for best price estimate.

JayD · 31st May 2008, 10:29

Quote:

Originally Posted by Sahil

1 to 1.25 lakh OTR
visit a used car dealer for best price estimate.

Excatly, I'd offer around 1-1.25 less than the showroom price atleast. For 75K less, its not worth gping in for a new car, might as well put in the extra cash and get a new car. In your choice of colour, and will have better resale too since its a single owner car.

CrAzY dRiVeR · 31st May 2008, 10:36

IMO, to keep the friendship intact, better both of you go to some used car dealer and ask a qoute. The dealer will give a low qoute for sure. So, pay an amount higher than that qoute. That way, your friend will feel happy at what you did, and you get a nice deal as well.

karanraheja · 31st May 2008, 11:27

NNHC is on its way but it will come around Diwali and it ll be priced higher !
1-1.25 lacs lesser than OTR price will be a good buy. Go for this one !

ramie2400 · 31st May 2008, 11:48

Dude if its like what you want to give give scene,then i think you pay him 3-4L and carck the deal,as such offers come very less

GTO · 31st May 2008, 12:46

75K less is good, anything over is sweet.

However, do consider the loan part. If you intend to opt for finance, the loan on a 3 month old car will come at a higher interest rate (used car). Sometimes, it makes buying a new car cheaper. Make sure you do your calculations well.

nitrous · 31st May 2008, 12:55

Quote:

Originally Posted by CrAzY dRiVeR

IMO, to keep the friendship intact, better both of you go to some used car dealer and ask a qoute. The dealer will give a low qoute for sure. So, pay an amount higher than that qoute. That way, your friend will feel happy at what you did, and you get a nice deal as well.

Best advice here!

somebodystopme · 31st May 2008, 14:28

Quote:

Originally Posted by CrAzY dRiVeR

IMO, to keep the friendship intact, better both of you go to some used car dealer and ask a qoute. The dealer will give a low qoute for sure. So, pay an amount higher than that qoute. That way, your friend will feel happy at what you did, and you get a nice deal as well.

WOaa Man I'll keep that in mind if anytime any of my friend wants to sell any of his car. Very Intelligent.

loving_alaap · 3rd June 2008, 00:10

thank you all guys, i will surly go to the 2nd hand car dealer, n work for it.

31st May 2008, 01:13	#1
loving_alaap BHPian Join Date: Sep 2007 Location: Ahmedabad Posts: 808 Thanked: 9 Times	HONDA CITY EXI 3months old, hardly used, How much i should pay? Dear all. My very close friend want to sell his Honda City EXI, that is just 3 months old. he want to sell his car bcoz he is going abroad. As he is my very close friend, there is no question of cheating. I know the car since its purchase, and he has hardly use the car. So it is like a brand new car. Now as i am interested to buy this car, he is just saying whatever i want to give, i can give. So all the Expert Team-BHPans, please help me out. What should be the actual price i should give to him? or should i wait for the new new Honda City? this year??????? when it will be coming to INDIA?
	() Thanks

31st May 2008, 08:27	#2
vkochar Senior - BHPian Join Date: Aug 2006 Location: Delhi / Agra / London Posts: 2,146 Thanked: 819 Times View My Garage	NNHC is on it's way BUT this deal should also be sweet. Usually such cars depreciate by 75k or so the moment it comes out of the showroom. Offer him 75k less than the OTR Price and I would think it's a fair deal. In all circumstances, NHC has one of the best possible resale values among all cars.
	() Thanks

31st May 2008, 08:48	#3
hrman Senior - BHPian Join Date: Jun 2006 Location: Bangalore Posts: 1,128 Thanked: 1,015 Times	IMO pls ask for 75k to 1L less than OTR.
	() Thanks

31st May 2008, 09:40	#4
Sahil Distinguished - BHPian Join Date: May 2004 Location: Bombay Posts: 6,292 Thanked: 7,607 Times	1 to 1.25 lakh OTR visit a used car dealer for best price estimate.
	() Thanks

31st May 2008, 10:36	#6
CrAzY dRiVeR Team-BHP Support Join Date: Jun 2006 Location: Bangalore / TVM Posts: 17,178 Thanked: 73,486 Times View My Garage	IMO, to keep the friendship intact, better both of you go to some used car dealer and ask a qoute. The dealer will give a low qoute for sure. So, pay an amount higher than that qoute. That way, your friend will feel happy at what you did, and you get a nice deal as well.
	() Thanks

31st May 2008, 11:27	#7
karanraheja Senior - BHPian Join Date: Feb 2008 Location: Coimbatore Posts: 1,961 Thanked: 436 Times	NNHC is on its way but it will come around Diwali and it ll be priced higher ! 1-1.25 lacs lesser than OTR price will be a good buy. Go for this one !
	() Thanks

31st May 2008, 11:48	#8
ramie2400 Senior - BHPian Join Date: Nov 2006 Location: Mumbai Posts: 1,903 Thanked: 66 Times View My Garage	Dude if its like what you want to give give scene,then i think you pay him 3-4L and carck the deal,as such offers come very less
	() Thanks

31st May 2008, 12:46	#9
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,512 Thanked: 300,688 Times View My Garage	75K less is good, anything over is sweet. However, do consider the loan part. If you intend to opt for finance, the loan on a 3 month old car will come at a higher interest rate (used car). Sometimes, it makes buying a new car cheaper. Make sure you do your calculations well. Last edited by GTO : 31st May 2008 at 12:48.
	() Thanks

3rd June 2008, 00:10	#12
loving_alaap BHPian Join Date: Sep 2007 Location: Ahmedabad Posts: 808 Thanked: 9 Times	thank you all guys, i will surly go to the 2nd hand car dealer, n work for it.
	() Thanks