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Which car to sell?

Most of the threads here are about which car to buy but I request you guys to take a slightly different approach this time and advice me regarding which car to sell.
So the two cars in question are:
1. BMW 320d, prestige variant, first owner, DL registered, odometer @ 44k kms, 2013 model with an active BSI ultimate pack till end of this year.
2. Toyota corolla Altis diesel, G variant, first owner, DL registered, odometer @ 72k kms, 2011 model.

Both cars are very well maintained with all services done exclusively at the official service centres with no accidental or other part malfunction history. Needless to say both of them are running flawlessly as of today.

The Altis is currently being driven by my father and the BMW is being used by me. So with increasing traffic and age too playing part, my father would like to upgrade/downgrade to an AT hatch and we chose the Baleno for it ( yet to book). And now the confusion starts. Due to the 10 year NGT rule, the Altis has only 3.5 years of legal life left. It is probably going to fetch me around 6-6.5L right now although I still need to evaluate the market as prices in Delhi are no longer stable due to the effects of the NGT rule. If I chose to keep the car, in which case I will start using it, I can continue to use it for the next 3 years and then possible sell it off for around 3L out of state.

On the other hand the BMW is in its 5th year of ownership now and the BSI pack will get over at the end of this year after which I will be fishing in unfamiliar waters where any part malfunction or service will be borne by me. As of today it will fetch me around 16L. If I choose to retain it and sell it in another 3-4 years, I will probably get only single digit figures combined with any potential part replacement cost that the car might need.

Hence, I am really confused as to which car to sell. Both of them are special in their own sense. While one is unmatched when it comes to sheer driving pleasure, the other spoils you with that comfort, dependability and a stress free ownership. What do you guys suggest? please:

Buddy, forget about the resale values. It’s the beginning of the end of Internal Combustion Engines (especially Diesels). You have a brilliant car i.e. the 320d. And you want to replace it with a Baleno AT? Enjoy it as long as you can. :)

It’s quite simple then, sell the boring Corolla. Get a Polo GT TSI. But if comfort is what you desire, Jazz CVT with magic seats will be a competent choice.

With 10 years of legal life for a car I think either ways you are looking at a disposal for both the cars in close succession, if not together. Any person who buys a preowned car, particularly the higher priced ones, looks to buy something that he/she can enjoy for at least 3-5 years depending on the price of the vehicle. From that aspect both your cars now are at that point in their life where you should quickly get rid of them. Hereforth the prices will drop very sharply.

Having said that, which one should be sold first? My personal opinion is to sell off the BMW. My reasoning is based on the below considerations.
* It will erode its value faster every month as compared to a Toyota, specifically one without the BSI coverage
* The loses on the sale of the BMW for every year lost may be potentially higher than that for the Toyota
* If somehow you wish to sell off the Toyota close to its 10th year it should still be doable in and outside of NCR as compared to a 7+ years old BMW
* BMW will also set you back a much bigger sum every year in its maintenance post the BSI coverage as compared to your Toyota

I'm not sure why you are confused here. I'm sure you should push the Altis out of your garage and welcome the new addition (whichever you end up buying).

If you get rid of the 320d and start using the Altis, I'm sure that you will crave for a better driver-oriented car sooner than you realize. And if that case arises, you might end up either swapping the Altis for another car or bring home one more into your garage for all the fun you have been missing after selling the 320d.

Hi Mohit,

My advice would be, retain the corolla and let go of the Beemer. As your BSI pack is nearing to its life and keeping in mind an ageing Beemer can lead to hefty bills if something goes wrong. Whereas on the other hand there are no questions on the sanctity of Toyota products.

Picking up a Baleno does sound little off track, however as said above by another bhpian, you can look at Honda Jazz CVT for sure. There is no comparison between both the Beemer and the Jazz but as you are mulling to buy a premium hatchback, I feel JAZZ is one of the most refined and reliable hatchbacks in the market at present. On the other hand Baleno is sheer tin sheet car and doesn't have much to offer, it surely has an uber premium look, rest is all mundane. (No offence Baleno owners & lovers, my opinion)

It is certainly a tough call like Heart V/s Mind. Mind says Corolla to go, Heart says Beemer to stay, but final call you have to take, ditch the luxury or to accept being deprived from luxury.

+1.
I couldn't have worded it so eloquently myself but this is the exact maths that I am doing. Needless to say I will have to probably sell off both cars in the next few years but financially I lose more money by retaining the BMW than the Altis.

So then what is the issue left. I will miss that occasional spirited drive that the BMW lets me enjoy.

In a normal viewpoint, Altis goes out and BMW stays. The reason being, BMW has more years left and Altis seems to be better to be replaced by a Baleno. BMW can be used for long drives. By the way, since you are in Delhi, why don't you replace Altis with an electric car like Mahindra e2o ? The plus points of an electric car are futuristic, automatic, city drive, no pollution and no limit of 15 years.

Have you considered the option of converting the Toyota Diesel Car into CNG and flog the car until it dies? Maybe hire a Driver at 15000/month for your Dad and use the Toyota, rather than paying a 15000 EMI on a new small AT Car.

As Brutailer mentioned if it is an AT hatch, it has to be the JAZZ lol:. Or wait for the new Amaze CVT. Sell the Toyota ( just because of it nearing 10 years) and get whatever you can out of the BMW for 10 years.


No Magic Seats with the CVT Jazz available now-a-days.

will agree completely with Zappo, but you are expecting 16 lac or have a customer as I see these to be optimistic expectations and won't be surprised if you actually get much lower than this.

But you are buying a new car, Right? Why don't you book the 6 series?

I also lose more financially with the BMW though. This 10 year rule has ensured that you can't really enjoy your car without worrying about ending up scrapping it.

Solo drives yes. But with family it is the Altis that is much more comfortable, spacious and swallows the luggage.

No electric cars for me yet. I will wait for it to become more mainstream before buying one.

With Uber and Ola adding cabs on the roads like crazy, it has got very tough to find a driver in Delhi who knows how to drive. Most contestants who turn up for the job are the ones who have learnt driving while working as Valet drivers in the unlimited pubs and restaurants across Delhi. Put them on a proper road and they show zero sense of driving.


That is not really in question. The Jazz didn't appeal to us specially with the interiors and 6 monthly service intervals.

I do hope I get that figure. Or near about that. Not looking to splurge more money on cars at this point.

I would go with Zappo's point of view.

You'll be treading in unknown territory after the BSI gets over; and maintaining a BMW post BSI can cause you headaches, something that a doctor can ill afford.

Keep the Altis as long as you can. She will go on and on and on.

In that case, sell Corolla. You can take a call when you find buyer of 3 series as in my opinion it can be as low as 10-12 Lac and since you will buy another dependable work car, why not keep something for joy :)

I would suggest dispose both when you are getting a good price and go for a hybrid. Im not sure what you get in India now but you could always look at Honda, Toyota OR possibly the futuristic Tesla with a positive conscience to the people around and the future generations to come.

I drive with guilt because my finance cannot stretch.

Cheers mate, Doc :).

Since both the cars have been maintained well, and they have not given any problems, I presume they won't give any problems in future also, why don't you keep both the cars and buy a small AT hatch for the daily errands.

Money has already been spent. Buying a new small hatch won't give you much burden, financially. Just that you need to have a parking slot for the little one that you buy.

That does make sense. If it is anything below 15L then I am not selling it for sure.

I hate to keep a car parked. That is the reason I want to sell one before buying a new one.