Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars I can relate to a lot of conversations and thoughts on this thread. With a lot of new cars being launched all the time, one does feel like upgrading earlier than necessary.
My case—I have two Hyundais, both bought in 2018. A fantastic 1.6 diesel Creta which I use on a daily basis and my wife uses the Elite i20 Petrol.
Both cars have covered extremely low kilometres, the Creta is just under 24k, whereas the i20 hasn’t even clocked 6k! Well, this is mostly down to the last 2 years, where my wife hasn’t used the car at all since my 9 year old son has had online classes.
I drive everyday to my office and in fact work from home concept is almost non-existent in my work area. However, this is where the slight dilemma begins. Until a month ago, my office was just 15-16kms ( to and fro ), so a manual did not really cause any concern. Now, I have moved jobs and my office commute has increased to about 25kms on a daily basis. What is worse is that my new office is getting shifted to the worst traffic belt in Bangalore, Outer Ring Road! And it’s going to get really worse when metro construction commences in a full fledged way in this stretch.
I anticipate spending at least 1.5 hours on the road on a daily basis, but the distance would be just under 25kms. So we are talking about really nasty traffic here.
Both my cars are maintained impeccably and I have done some subtle upgrades, so every time I drive any of these two cars, there is little to complain about. But the huge disadvantage is that both of these are manuals and I feel that I’m going to get frustrated when my office shifts to this new location in the next 2-3 months.
So basically I have 3 options:-
1) Keep both cars, live with the extra effort on manual. I’m just 40, I have no physical issues as such, but my knee does ache a bit when I keep using the clutch in lengthy traffic situations.
2) Sell the i20, I bought it for 6.7 lakhs, a rough estimate on cars24 shows something like 6 lakhs, so not bad at all. I should then buy a small automatic, and my wife uses the Creta, since her commute is not more than 6-7kms on a daily basis.
The advantage here would be that I can opt for a company car loan which may provide some tax benefits, although I’m not sure about the exact amount I may end up saving. I could use the amount from selling the i20 to close one of the housing loans I have, so on paper this sounds like a good idea. But, I don’t see any decent TC or CVT automatics under 10 lakhs except the Amaze and the Polo. I’m not sure if the Polo is even in production right now.
3) The last and the most expensive option, sell the Creta, i bought it in 2018 for around 15.5 lakhs, I think current resale estimates are around 12 lakhs but I think it can get better. But then I need to replace this with a more expensive car like the Harrier, Safari or the XUV700. And AT versions of these cars cost more than 25 lakhs, so a very expensive proposition and if I go the company loan route then my EMI becomes quite high. And most importantly, I’m not convinced about any of these cars. The XUV700 is the best of the lot, offering new age features and safety, but there is a long waiting period, but somehow I don’t connect emotionally with the car, the way it looks. Well, then in terms of looks, the Safari just looks fantastic, but it misses out on a lot of new features, plus I’m not sure why Tata hasn’t got the car tested yet. And lastly we keep hearing niggles on both these Tata cars and that’s not a good thing if you end up one such car where you have to take it to the service station every now and then.
Ideally, I would have wanted to upgrade to something like the Compass or the Tucson, maybe 3 years later, when my Creta is around 6-7 years old. My earlier car was a Rapid diesel, so in way the Creta was more like a lateral upgrade, so I was hoping that my next car is a proper upgrade to the next segment.
Anyway, hope members can share their thoughts and hopefully I make up my mind on this once and for all.
Last edited by motorworks : 17th November 2021 at 06:47.
|