neerajd Posted May 5, 2014 Report Share Posted May 5, 2014 Hello All, I had asked fellow members on the AAA forum when I decided to buy a new car. I had already narrowed down to the Ford Classic, but wanted to understand the views of others on this decision. Had TD'd Linea too and to be honest, these were the only 2 cars I had shortlisted. After a month long turmoil, I finally decided to go for the Ford Classic owing to too many factors. I would like to thank the numerous friends who joined the discussion to help me with my decision. RSSH, Kdar90, Monoclonal, Dr Nishu, LeoRahi and SachinS.. I hope I listed all.. Cost of ownership - 8.58 lacs for the top trim. Safety features it comes with Compact dimensions - not too bulgy like the Linea - I want to be able to take this out daily Fun to drive Frugal maintenance More Kms to the liter. I test drove the Ford like 4 times before finalizing it. Once just in the city at ambling speeds, once with my wife, once just to make sure this is the car I wanted and once for my dad - he wanted to see the comfort on the rear seat. Booked one on May 2, Akshay Tritiya - a Moondust (whatever) Silver. Booking Amount - 10,000/- Down Payment - 2,00,000/- (incl the booking amount) Loan Amount - 6,58,000/- (from SBI @ 10.95% - no prepayment penalty) On Road Price Pune - 8,84,000/- (incl. 3rd yr extended warranty, Zero Dep Ins and RTO taxes) Discount offered - Corporate Discount - 16,500/- Cash Discount - 10,000/- Final On Road Price - 8.58,000/- Got the VIN today and turns out I get a April 2014 manufactured car!! Not bad at all... I read through the "want to know when your car was made" section to find that out. Quite a helpful thread there... The loan will be sanctioned in a couple of days but it turns out that I will have to visit the SBI branch to complete a few formalities there... ridiculous to me since the other banks do it right there at the dealership. Nevertheless, its SBI.. plus, i get a lower rate of interest there with no prepayment penalty. Hope to have the car home some time next week... More updates to follow... Link to comment Share on other sites More sharing options...
freakyskull Posted May 5, 2014 Report Share Posted May 5, 2014 Congrats on the new car . Looking forward to more updates from delivery and initial impressions. Dont forget to put lots of pics Link to comment Share on other sites More sharing options...
LeoRahi Posted May 5, 2014 Report Share Posted May 5, 2014 Congrats again Neerajd Nice way to start this thread. I will be looking forward for further updates. Don't forget to get the camera with you at the time of delivery and put lots of pics. PS : Thanks for the recognition Link to comment Share on other sites More sharing options...
neerajd Posted May 5, 2014 Author Report Share Posted May 5, 2014 Thanks Freaky, Leo... I'll sure carry my camera... will upload pics at each stage.. I plan to make this ownership thread as detailed as possible. Link to comment Share on other sites More sharing options...
dr_nishu Posted May 5, 2014 Report Share Posted May 5, 2014 Congratulations to you once again for being here with your New car. Waiting for the delivery of your car & its presence here on this thread. Link to comment Share on other sites More sharing options...
Mitch25 Posted May 5, 2014 Report Share Posted May 5, 2014 Wow, nice car the Fiesta is. Congrats man! I look forward to some good pics. Mitch25Au Link to comment Share on other sites More sharing options...
Sstar Posted May 6, 2014 Report Share Posted May 6, 2014 @Neerajd - congrats on Classic Purchase. Link to comment Share on other sites More sharing options...
rssh Posted May 6, 2014 Report Share Posted May 6, 2014 Was browsing through youtube and this is a very apt video for your selection. Link to comment Share on other sites More sharing options...
monoclonal Posted May 6, 2014 Report Share Posted May 6, 2014 @ Neeraj Congrats, Keep us posted. I have postponed my buying for another year, Market value of my Baleno is 35k, car is in good shape with no mechanical fault. I will drive the same old Baleno as my run is 5km a day. Link to comment Share on other sites More sharing options...
Hitlerinlove Posted May 7, 2014 Report Share Posted May 7, 2014 Congrats for your new companion. I can imagine how confusing the period is before buying a car and how joyful it is after owning a car. Its like a big addition to a family , like a new born brought to home . Wish you safe driving and luck on road. We will wait for your reviews in the future! Link to comment Share on other sites More sharing options...
rameshbabu.n Posted May 8, 2014 Report Share Posted May 8, 2014 ... Market value of my Baleno is 35k .... If it is in running condition, it is always better to retain it than selling it for 35K. As already reported, we sold our Esteem VX (1999 Dec) for 45K as both our kids are now 6 feet plus and do not wish to drive low slung Esteem. So, we had to sell and make some space in the parking lot. Link to comment Share on other sites More sharing options...
rameshbabu.n Posted May 8, 2014 Report Share Posted May 8, 2014 Congrats Neeraj. Finally, after a detailed analysis, going in for Ford Classic. Good decision. Eager to see your car, in a handful of pictures. Link to comment Share on other sites More sharing options...
librankur Posted May 8, 2014 Report Share Posted May 8, 2014 @ monoclonal and Rameshbabu These are no prices to sell your trusted vehicles.Selling it for scrap will fetch you more , go to a salvager instead. If you love a FIAT then check with the local dealers for the promotional drive that give you alteast 1Lakh for your old car any make any condition. Someone i know just a fews days back , turned in her over 15 year old vehicle , and got 1 Lakh plus first year insurance on a Punto Diesel If you havent turned in your vehicle yet , make the most out of this offer. Link to comment Share on other sites More sharing options...
rssh Posted May 8, 2014 Report Share Posted May 8, 2014 @neerajd If you stll haven't taken delivery then please ask for a re quotation from dealer Ford has further reduced the ex-showroom price by 20k. http://www.team-bhp....owered-further. Anyways the price is the same one as valid during delivery so a reduction in price is something that you can demand. Link to comment Share on other sites More sharing options...
neerajd Posted May 8, 2014 Author Report Share Posted May 8, 2014 Man this is both good and bad news.. I'm not sure how this will work out. Technically, you're right. It's at the time of delivery that the prices should be calculated. I'll call up the dealership to discuss further. Thanks for the update! Link to comment Share on other sites More sharing options...
neerajd Posted May 8, 2014 Author Report Share Posted May 8, 2014 Typical dealers. Now they say they aren't aware of this news at all. And it's only after the news comes from Ford that they'll be able to apply any rate cuts. I'll just cancel the booking now if they don't pass on this benefit. Re booking will save me at least 10k Link to comment Share on other sites More sharing options...
neerajd Posted May 8, 2014 Author Report Share Posted May 8, 2014 Sorry for 3 posts in a row. Just read the reverse of the payment receipts. Clearly mentions - prices prevailing at the time of delivery shall be applicable. Looks like I have a winning line here.. Thanks Rssh, it'll save me some money Link to comment Share on other sites More sharing options...
dr_nishu Posted May 8, 2014 Report Share Posted May 8, 2014 Ford Classic prices begins at Rs.4.88 lacs for base petrol, it's 10k lesser over its previous price. @neerajd: If by the delivery of your car dealer refuse to give he car at new reduced price due to non-arrival of orders from Ford then better is to delay the delivery for another few days but make sure you get equal promotional offers with new price as with new prices or variant launch auto cos used to stop the discounts or they do price cut to cut off the massive discounts earlier they used to offer. Btw, Read somewhere today that Hyundai is offering Rs.48k discount on Verna diesel & Rs.43k on Verna petrol. Do checkout thr final OTR price of Verna 1.4 CX CRDi at you nearest dealer for a while, if i'm not distracting from your decision. Link to comment Share on other sites More sharing options...
rssh Posted May 9, 2014 Report Share Posted May 9, 2014 Do write to Ford stating that your dealer is not providing the new cut price and you will cancel the booking if you aren't provided the new price. Check this out https://www.india.ford.com/ford-service/owners/customer-care Anyway I have seen M&M giving back a cheque after taking delivery since the dealership didn't have updated price on delivery. Link to comment Share on other sites More sharing options...
monoclonal Posted May 9, 2014 Report Share Posted May 9, 2014 @Neeraj Dealer are legally obliged to pay you the difference or adjust the bill at the time of deliver. Please check your note(Receipt of advance payment), may find in fine print regarding total final payment subjective to change with MRP or available of stock price. I am sure the dealer won't cheat you unless you have made complete payment. Link to comment Share on other sites More sharing options...
neerajd Posted May 9, 2014 Author Report Share Posted May 9, 2014 @RSSH - I had actually got the same ex-showroom price as stated in the team-bhp news.. looks like those guys are late by a month with that news. This info is updated on the ford india website since April 1. I was put off when the sales advisor refused to take note of any such news. So finally after a lukewarm (not heated) conversation with him, I called up the Ford service helpline. They put to rest all my doubts of a price decrease and confirmed the ex-showroom price for Pune too which turns out to be the same I'm getting. I called up the SA to apologize later for the incorrect piece of news... but I did what I could.. after all it was 1 EMI for me :-) So all things settled, I'm in for a PDI tomorrow and hoping that the car would be in my parking somewhere around May 14/15. Link to comment Share on other sites More sharing options...
sachins Posted May 9, 2014 Report Share Posted May 9, 2014 @RSSH - I had actually got the same ex-showroom price as stated in the team-bhp news.. looks like those guys are late by a month with that news. @Neeraj, i don't know about team-bhp news, but i think Ford had advertised further price reduction (last one was done in Jan'14) around 7-8 May. Since you had booked around 2-May, how come the dealer had offered you new price before company announced it? But anyway little bit more price reduction or no, you should enjoy your new ride. Link to comment Share on other sites More sharing options...
neerajd Posted May 10, 2014 Author Report Share Posted May 10, 2014 @sachins, team bhp news comes a month late. The news of reduction of prices from 4.99 to 4.88 was effective since April 1. Team BHP reported that on May 7. Link to comment Share on other sites More sharing options...
rameshbabu.n Posted May 11, 2014 Report Share Posted May 11, 2014 @ monoclonal and Rameshbabu These are no prices to sell your trusted vehicles... ... give you alteast 1Lakh for your old car any make any condition.... What you said was true. But, I never wanted to buy another car. My Xylo is giving excellent service to us. With less and less driving in future, I do not wish to buy another car. Elder son will buy one shortly and the younger one, after his studies. And, for both of them, driving ESTEEM is out of question.. So, forget about one lakh. I can't see the car lying in the garage. Now, at least some one else is happily driving it around. ESTEEM must be happy. So, we are happy. Money was never the consideration. Link to comment Share on other sites More sharing options...
neerajd Posted May 11, 2014 Author Report Share Posted May 11, 2014 Hey guys, quick update. For with the pdi. Sweet looking car... All things in place, music system, lights, engine fluids, fuses, interior clean, all OK. Showroom quoted 10k for 3M body coat and underbody treatment.. Ridiculous.. Will get it done from a 3M workshop near my place.. Just a question here. What type of treatment is done to new cars? My Swift underwent a thorough wash, some fine grinding treatment, then a layer of some carnauba type coat and a nice shiny finish. Its this grinding process required for a new car with fresh paint? I treated my Swift after 5 yrs and the result was awesome. Let me know if a paint treatment is necessary at this point. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.