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Originally Posted by longhorn Going by your logic, you can invest the entire amount and travel by public transport. That will make your investments grow even more.  |
Absolutely. That's the most sane advise posted by you here. Am just waiting for the Chennai Metro Rail to be completed..will love to use the same instead of personal vehicle whenever possible. Quote:
Originally Posted by longhorn  Did you mean to say that since you invested 1 lakh more in the Swift that 1 lakh should double to 2 lakh at the end of 5 years. I'm sorry buddy, the Swift is not a money doubling machine, but it won't be a dud in the market 5 years down the line. |
You have got it all upside-down! What I meant was the 1 lakh saved if one goes for Figo now, as per current difference in price between Figo/Swift. This 1 lakh saved now will double in 5 yrs. Comparatively, since one has to invest 1 lakh more in Swift now, the resale value difference between Figo/Swift 5 yrs hence should be at least 2 lakhs, to even things out. So, would you want to save 1 lakh today or wait for 5 yrs and hope the resale value difference will be 2 lakhs 5 yrs from now?
Are you getting it now? Quote:
Originally Posted by longhorn LOL ! Looks like Ford went to the same crystal ball gazer which is why customers opting for squeeze are being squeezed like a lemon and Ford is starting a second shift on a newly commisioned plant. |
While this comment was more in jest, but now since you are bringing it up, let me say, at least Ford is thinking on its feet and taking corrective action within the 1st month of its launch. On the contrary, the waiting period of months for Swift has been for years...so there. Quote:
Originally Posted by longhorn I guess Ford fans are feeling bad when the negative aspects of the Figo are being pointed out. All cars have their positives and negatives so learn to take them in your stride. I'm not blinded by love for the Figo so I tend to see both sides of the coin. |
Not at all. In fact, going by your various posts either you are pointing out only about the FE (which will depend a lot on one's driving style & other factors) or the resale value (which cannot be predicted with any degree of surety for a 5 year horizon)..other features you are neglecting. What I am just trying to say is any product with a VFM tag, needs to be seen in an overall perspective, which includes its target audience & usage. Quote:
Originally Posted by PYSO @sanjayc : Fast Forward to 2014/15
Too difficult to see what happens in 2014/15. To speculate that Swift will have more resale value than Figo in that timeframe, is very presumptive. ...
So, dont expect any of the Petrol / Diesel cars bought today to have much resale value in 2014/2015 timeframe... They would still be on the roads for another 10-15 years.. But reselling them wont fetch too much money....
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I guess I am OT, because if I really wanted to buy a Figo (or Swift) I would go ahead and buy it, without worrying too much about 2014/15 timeframe. |
Exactly. You just re-emphasized what I tried to point out (pls see my reply above). Even if one neglects the battery-driven cars aspect, the one aspect which drives Maruti resale value is its reach. With other car maker fast catching up and their volumes growing, that advantage will diminish over a long term. |