OHC-Will it still be saleable after 2 years

risga · 21st October 2005, 14:03

Hi Guys,

Sorry to post in the wrong forum due to obvious restrictions. But I desperately needed advice from fellow BHPians on this one.

I have an option of purchasing a 2nd hand OHC (2003) done abt 32,000 Km at a fair price. My concern is that 2-3 years down the road when I want to sell it, will I get a decent re-sale price for it? Will there be any buyers for it at that point for a car whose production has been discontinued.

Will appreciate any help with this one.

manson · 21st October 2005, 14:15

its been 2 years since the launch of the nhc and the ohc yet holds its value in the use car market, i think its safe enough.

manson.

p.s. got mysef a 1.5 ohc recently too.

revtech · 21st October 2005, 14:39

Quote:

Originally Posted by manson

its been 2 years since the launch of the nhc
manson.

excatly !! its been two years already so by the time he sells the car of it will be another 3-4 years by that time even the NHC will be old.

if you realy like the OHC go for it but why dont you go in for a model which is currently being produced.

whats your budget and what are the things your looking for in a car ??

Rev

Dippy · 21st October 2005, 16:15

I really dont think demand for the OHC will fall because even though the NHC is selling people still love the OHC. Leave aside the Type 2 , even the Type 1 has takers today and that too even though its out of production. The Type 1 was supposed to be thebest of the lot . And Honda engines eat up the kilometers like no other and still start in the first crank after running over 2 lakh kms

Go in for an OHC you wont regret it. Look for a good example though

Surprise · 21st October 2005, 17:50

After the launch of NHC, the demand of OHC in the 2nd hand market has increased considerably. There are many lovers just for the shape of the car & drivability. If it's a good car, you can go-ahead and buy it.

As of date, I don't see the service center saying that they don't have spares because of the model being discontinued. Hope this stay forever ( at least for next 5 yrs)

streetlife · 21st October 2005, 20:34

the OHC will definately be saleble after 2 years moreover you are buying a 2003 model thats just 2 years old....

but i am sure you will like it so much that you will keep it even after two years and will have another....

nitrous · 25th October 2005, 13:44

risga, dont worry. U'll never go wrong with a Honda. The resale will never drop too much.

About the spares, i believe any company has to produce spares for 15 yrs since the release of the model. Is it true??

Rtech · 25th October 2005, 14:01

7 years by law Nitrous.

Catamaran · 25th October 2005, 14:28

You can easily sell it at a decent price for atleast another 5 years down the line... dont worry, go for it if you are getting it at a fair price...

Its difficult to get an OHC in the second hand market which has done only 32k

CAT

GTO · 25th October 2005, 14:29

Honda committed that it will provide spares for 10 years since it discontinued the OHC i.e. 2013

GTO

21st October 2005, 14:03	#1
risga BHPian Join Date: Mar 2005 Location: Mumbai Posts: 233 Thanked: 59 Times	OHC-Will it still be saleable after 2 years Hi Guys, Sorry to post in the wrong forum due to obvious restrictions. But I desperately needed advice from fellow BHPians on this one. I have an option of purchasing a 2nd hand OHC (2003) done abt 32,000 Km at a fair price. My concern is that 2-3 years down the road when I want to sell it, will I get a decent re-sale price for it? Will there be any buyers for it at that point for a car whose production has been discontinued. Will appreciate any help with this one.
	() Thanks

21st October 2005, 14:15	#2
manson Team-BHP Support Join Date: Oct 2004 Location: Bombay Posts: 3,934 Thanked: 4,169 Times View My Garage	its been 2 years since the launch of the nhc and the ohc yet holds its value in the use car market, i think its safe enough. manson. p.s. got mysef a 1.5 ohc recently too.
	() Thanks

21st October 2005, 16:15	#4
Dippy Senior - BHPian Join Date: Feb 2004 Location: Mumbai, India Posts: 7,561 Thanked: 2,469 Times	I really dont think demand for the OHC will fall because even though the NHC is selling people still love the OHC. Leave aside the Type 2 , even the Type 1 has takers today and that too even though its out of production. The Type 1 was supposed to be thebest of the lot . And Honda engines eat up the kilometers like no other and still start in the first crank after running over 2 lakh kms Go in for an OHC you wont regret it. Look for a good example though
	() Thanks

21st October 2005, 17:50	#5
Surprise Senior - BHPian Join Date: Feb 2005 Location: Chennai Posts: 2,523 Thanked: 454 Times	After the launch of NHC, the demand of OHC in the 2nd hand market has increased considerably. There are many lovers just for the shape of the car & drivability. If it's a good car, you can go-ahead and buy it. As of date, I don't see the service center saying that they don't have spares because of the model being discontinued. Hope this stay forever ( at least for next 5 yrs) Last edited by Surprise : 21st October 2005 at 17:51.
	() Thanks

21st October 2005, 20:34	#6
streetlife BHPian Join Date: Oct 2005 Location: New Delhi, India Posts: 219 Thanked: 22 Times View My Garage	the OHC will definately be saleble after 2 years moreover you are buying a 2003 model thats just 2 years old.... but i am sure you will like it so much that you will keep it even after two years and will have another....
	() Thanks

25th October 2005, 13:44	#7
nitrous Senior - BHPian Join Date: May 2004 Location: UAE/Lon/Madras Posts: 6,965 Thanked: 325 Times View My Garage	risga, dont worry. U'll never go wrong with a Honda. The resale will never drop too much. About the spares, i believe any company has to produce spares for 15 yrs since the release of the model. Is it true??
	() Thanks

25th October 2005, 14:01	#8
Rtech Team-BHP Support Join Date: Apr 2004 Location: Bombay Posts: 5,770 Thanked: 359 Times View My Garage	7 years by law Nitrous.
	() Thanks

25th October 2005, 14:28	#9
Catamaran BHPian Join Date: Sep 2005 Location: Dubai - Cochin Posts: 124 Thanked: 307 Times View My Garage	You can easily sell it at a decent price for atleast another 5 years down the line... dont worry, go for it if you are getting it at a fair price... Its difficult to get an OHC in the second hand market which has done only 32k CAT
	() Thanks

25th October 2005, 14:29	#10
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,546 Thanked: 300,767 Times View My Garage	Honda committed that it will provide spares for 10 years since it discontinued the OHC i.e. 2013 GTO
	() Thanks