Found my Honda Civic:
In the afternoon of 25/02/10, a broker called me saying that a "car of my type" is on sale. Dippy checked this Civic out the same evening, and furnished the following details:
- 2007 August Honda Civic
- V (top) variant. OEM leather seats, fog lamps etc.
- 7,411 kms on the odo
- White Colour
- Single owner. Bombay Registered
- Service history
- Honda Certified. Through their official "Auto Terrace" Used Car program
- 6 months of insurance still left (until August '10)
After checking the car out, Dippy tells me "
Rush, don't miss out on this car". Asking price was 8.25 lakhs. Next day itself, I went over to Solitaire Honda with the cheque book in hand. Saw the car, loved it and cut them a cheque on the spot. At 7,400 kms, this car is practically a virgin and hasn’t even completed its running in!Used car loans are way too expensive @ 16 - 18% interest rates, so I decided to buy this car on an outright purchase. Closed the deal at Rs. 8,10,000.
I followed the
Team-BHP Used Car Article to the “T”. Including calling the insurance company, and confirming that this car never had an insurance claim. We write the articles, yet only realise the sheer value when we get down to using them. The
PDI checklist was a blessing in disguise!
I had a sense of Déjà vu. Seriously, I've been here before. It was when I bought my '03 OHC Vtec. Low mileage (OHC Vtec was 3,500 kms, Civic is 7,400), near identical price (OHC = 7.0 lakhs, Civic for 8.10 lakhs), identical power to weight ratio (107 BHP to the tonne), Vtec engine, fun-to-drive and a Honda certified used car.
EDIT : Of course, my Vtec, even at the end of her service with me, left on a high note & raised the bar for the Civic (
Link to Dyno thread). But hey, Civic mods are slated to start soon.
In line with Auto Terrace's policies, Solitaire Honda also refurbished the car. Both bumpers were repainted, a dent on the RHS take care of, and the interior / exteriors were thoroughly polished.
As part of preventive maintenance, I got a complete major service done. Though some were unnecessary, again, the key word here is preventive:
- Mobil 1 engine oil change + filter
- Clean air-filter
- Brake line bleeding and fluid change.
- Brakes checked & cleaned
- Radiator flush & engine coolant change
- Power steering oil flush & refill
- Fuel filter changed
- Transmission oil flush & change
- Battery serviced
Next that the car will go back to the service station is for its annual service in February 2011. Solitaire Honda's service was A+, the sales staff supportive and the service advisor thoroughly knowledgeable. Dippy gives his OHC to them for servicing, and the positive review on Team-BHP (
Link to Solitaire Honda thread) only raised my confidence levels.
I have the strongest belief in the value offered by the used market, and this Civic is only an attestation of that. Beauty of lateral upgrading after all (complete Advice article coming up soon). A new Civic V MT is about 14.25 lakhs OTR Mumbai, I got a nearly new car for 45% less. The entire search process took up some 15 - 18 cumulative hours of my time. To save 40 - 50% of the price of a new car on a "like new" car, you have to make an effort for sure. Yet, I must add, with the right effort & homework, such deals are easy to replicate. I don't think I'm ever buying a new car again. Couldn't have put it any better than Ramzsys did in his used cars thread:
Quote:
Originally Posted by ramzsys it is best outsourced to fellow citizens around (CPO-Car Process Outsourcing).They do the research, buy it after a bargain, pay the tax, run-in, maintain and then sell it at a discount to potential customers like me. |
