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... Quote Link to comment Share on other sites More sharing options...
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