Which to sell : Palio Gtx or NHC

Neel · 19th June 2006, 10:04

Hi,

I will soon be relocating outside india, wish to know your thoughts on which ONE of the following two cars i can sell.

1. NHC GXI : June 2004. First owner: Done about 11K KM. Immaculate condition. Still have a loan to payoff.

2. Palio GTX : Dec 2002 : Second owner but just done 17K KM. It was a company owned car which my brother bought it Jan 2006.

We plan to keep one of the two cars, both have their +ve's and -ve's.
Should i sell the GTX and payoff the NHC Loan or just sell the NHC and close liability (loan).

I am not sure how much i would get for my NHC - any guesses??

-Neel

jkdas · 19th June 2006, 10:09

If you have a family; NHC I guess. Bachelor: GTX

Also, NHC will give you a better resale value in future too and anyway its a new car.

zulfikar · 19th June 2006, 10:39

sell GTX...
city is always better...
better resale...
and all the Team-bhp members LOVE CITY AND GTX so say 50-50 is what the answer you will get,....

and one more thing how much are you expecting for GTX and whats the FE you got from her...

mclaren1885 · 19th June 2006, 10:48

Suggest u to sell the the city as it will have a better resale value now .. Selling the GTX wont fetch u anything .. A friend of mine sold his 2002 sienna 1.2 for a mere 83k

and with the money he couldnt even do up his baleno properly as he wished to in the 1st place .. The GTX will not fetch u anything more than 1.3-1.5L in this part of the world , coupled to it the rumours about the horrendous FIAT service didnt help either .. Now that tata has taken over the service i guess its a wise decision to keep the GTX it being a true enthusiasts car .. Its that car which will always bring a smile on ones face , quite unlike the NHC..

iraghava · 19th June 2006, 14:06

I completely agree with mclaren you would get a very good resale for the NHC and you could close the liability. If you sell the GTX it simply won't be worth it.

nitrous · 19th June 2006, 19:49

Ditch the NHC,bro.
Since u'll use the car rarely and FE won't be a concern. Sell the NHC off.
U'll save a lot of money.

maxbhp · 19th June 2006, 20:02

Quote:

Originally Posted by mclaren1885

Suggest u to sell the the city as it will have a better resale value now .. Selling the GTX wont fetch u anything .. A friend of mine sold his 2002 sienna 1.2 for a mere 83k

and with the money he couldnt even do up his baleno properly as he wished to in the 1st place .. The GTX will not fetch u anything more than 1.3-1.5L in this part of the world , coupled to it the rumours about the horrendous FIAT service didnt help either .. Now that tata has taken over the service i guess its a wise decision to keep the GTX it being a true enthusiasts car .. Its that car which will always bring a smile on ones face , quite unlike the NHC..

, YOur palio has run just 17K and for that you are loosing more than 300000lacs, so keep it .......ditch the NHC coz when it comes to actual driving pleasure I guess...NHC is way way out of Palio1.6 GTX's league. Now if you are trying to be practical again its 50:50 choice.

devarshi84 · 19th June 2006, 23:19

Palio is an extremely good car and you wouldnt really get its worth if you sell it. Additionally you are a second owner.

sell the NHC and get a good resale out of it.

Minardi · 20th June 2006, 13:10

sell NHC............

goldie_malhotra · 20th June 2006, 14:03

if u r thinking of selling the GTX to foreclose your NHC loan - forget it, you wont get peanuts for what its worth

you should get around 5-6L for the NHC, compared to just 1-1.5L for the GTX

v1p3r · 20th June 2006, 14:55

Quote:

Originally Posted by maxbhp

YOur palio has run just 17K and for that you are loosing more than 300000lacs, so keep it

Now that's depreciation!!!

dipen · 25th June 2006, 14:14

Whos gonna remain in India from yr family ? anD, who willl be driving the car ?
If its yr mom /dad driving it ? Keep the City. After ALL, ALL That U would except ( for them) is peaceful ownership experiece. Also the city would be more comfortable to drive for your parents. Again by selling off yr city , You would lose close to 3 laks than yr paid MRP. DEPRECIATION

Selling of Palio would fetch you peanuts , but I am sure U too must have bought it for peanuts.

19th June 2006, 10:04	#1
Neel BHPian Join Date: Apr 2004 Location: Bangalore Posts: 177 Thanked: 35 Times	Which to sell : Palio Gtx or NHC Hi, I will soon be relocating outside india, wish to know your thoughts on which ONE of the following two cars i can sell. 1. NHC GXI : June 2004. First owner: Done about 11K KM. Immaculate condition. Still have a loan to payoff. 2. Palio GTX : Dec 2002 : Second owner but just done 17K KM. It was a company owned car which my brother bought it Jan 2006. We plan to keep one of the two cars, both have their +ve's and -ve's. Should i sell the GTX and payoff the NHC Loan or just sell the NHC and close liability (loan). I am not sure how much i would get for my NHC - any guesses?? -Neel Last edited by Neel : 19th June 2006 at 10:11.
	() Thanks

19th June 2006, 10:09	#2
jkdas Senior - BHPian Join Date: Sep 2005 Location: Thiruvananthapu Posts: 9,685 Thanked: 1,497 Times View My Garage	If you have a family; NHC I guess. Bachelor: GTX Also, NHC will give you a better resale value in future too and anyway its a new car.
	() Thanks

19th June 2006, 10:39	#3
zulfikar BHPian Join Date: Feb 2005 Location: Hyderabad Posts: 531 Thanked: 18 Times View My Garage	sell GTX... city is always better... better resale... and all the Team-bhp members LOVE CITY AND GTX so say 50-50 is what the answer you will get,.... and one more thing how much are you expecting for GTX and whats the FE you got from her...
	() Thanks

19th June 2006, 10:48	#4
mclaren1885 BANNED Join Date: Jul 2005 Location: Bangalore (the city of modded cars) !! Posts: 4,818 Thanked: 46 Times View My Garage Infractions: 0/1 (10)	Suggest u to sell the the city as it will have a better resale value now .. Selling the GTX wont fetch u anything .. A friend of mine sold his 2002 sienna 1.2 for a mere 83k and with the money he couldnt even do up his baleno properly as he wished to in the 1st place .. The GTX will not fetch u anything more than 1.3-1.5L in this part of the world , coupled to it the rumours about the horrendous FIAT service didnt help either .. Now that tata has taken over the service i guess its a wise decision to keep the GTX it being a true enthusiasts car .. Its that car which will always bring a smile on ones face , quite unlike the NHC..
	() Thanks

19th June 2006, 14:06	#5
iraghava Senior - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 7,993 Thanked: 281 Times View My Garage	I completely agree with mclaren you would get a very good resale for the NHC and you could close the liability. If you sell the GTX it simply won't be worth it.
	() Thanks

19th June 2006, 19:49	#6
nitrous Senior - BHPian Join Date: May 2004 Location: UAE/Lon/Madras Posts: 6,964 Thanked: 333 Times View My Garage	Ditch the NHC,bro. Since u'll use the car rarely and FE won't be a concern. Sell the NHC off. U'll save a lot of money.
	() Thanks

19th June 2006, 23:19	#8
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 213 Times View My Garage	Palio is an extremely good car and you wouldnt really get its worth if you sell it. Additionally you are a second owner. sell the NHC and get a good resale out of it.
	() Thanks

20th June 2006, 13:10	#9
Minardi BHPian Join Date: Jan 2005 Location: Mumbai Posts: 413 Thanked: 15 Times	sell NHC............
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20th June 2006, 14:03	#10
goldie_malhotra BHPian Join Date: Nov 2005 Location: New Delhi Posts: 757 Thanked: 12 Times	if u r thinking of selling the GTX to foreclose your NHC loan - forget it, you wont get peanuts for what its worth you should get around 5-6L for the NHC, compared to just 1-1.5L for the GTX
	() Thanks

25th June 2006, 14:14	#12
dipen Senior - BHPian Join Date: May 2004 Location: mumbai Posts: 2,304 Thanked: 975 Times	Whos gonna remain in India from yr family ? anD, who willl be driving the car ? If its yr mom /dad driving it ? Keep the City. After ALL, ALL That U would except ( for them) is peaceful ownership experiece. Also the city would be more comfortable to drive for your parents. Again by selling off yr city , You would lose close to 3 laks than yr paid MRP. DEPRECIATION Selling of Palio would fetch you peanuts , but I am sure U too must have bought it for peanuts. Last edited by dipen : 25th June 2006 at 14:15.
	() Thanks