vigour

used Ford Fiesta, Swift diesel or Ikon? (<4 lac)

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Well I have been reading this forum as guest for quite some time. This is my first post and query, as I am planning to buy used car within a week or two.

I am planning to buy a car that I want to keep till next July or August (10-11 months) and then sell back again. My budget is around Rs. 3 lacs but if get a good deal, I can stretch it to 4 lacs.

Earlier I was look at swift petrol or diesel, as I am fond of this car, but current market trend, 6 months pending orders for new car, has kept its resale value so high that even the 3 year old car with 30K+ kms is costing more than 3.5 lacs, the price which I think is overvalues for the same. So I am not looking into the same.

Now, I am thinking of options to go for fiesta, Ikon or Accent. I read the article one for the someone's grandfather and users here strongly suggested fiesta. But my requirements are different, as follows.

- Once or twice long drive in a month(700-1500kms). in 11 months expecting around 20K+ kms.

- Like to have high power and torque, but decent power will also do.

- resale value after 11 months (min loss - can go upto Rs. 50-75k). That's why I am also not looking at new cars.

- Petrol and Diesel is not a big issue.

- I have drive too much of Wagon R at my hometown, so not looking at that segment. I also have Swift and like to drive it, but my brother betrayed me and took it with him :).

Please suggest some cars, and how should I approach to buy a used car. I am thinking of reaching Maruti truevalue and Mahindra First Choice. What your suggestion for the same - should I try buying from individual user? How much hassle I have to go through if I buy from the individual - like registration and insurance and paper stuff.

Note: I am North-Indian bachelor living in Chennai :).

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Hi Viqour, welcome to the board.

 

For you kind of driving, I would suggest a Petrol car to begin with. Strictly speaking, out of the three you mentioned, Im inclined towards the Fiesta. Leave Ikon out of the picture, its an old car & Ford is just dragging it on. Swift diesel will be expensive, so doesn't make much sense for a second hand buy.

 

You could try Maruti & Mahindra used car agencies. Also, search  local classifieds in newspapers. This way you can get across to the seller directly.

 

Regarding paper-work, be very particular with it. Write down details with time, date, etc. of purchase. Get the registration papers verified & cleared from local police. If insurance is not there, some sum is deducted from the gross amount.

 

Best of luck!

 

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Looking at your requirements I am going to suggest something completely different.

You are a bachelor hence going to use the car as an individual. Fuel efficiency is definitely on your radar considering your heavy usage. Also keeping in mind the resale values, I feel that you should go for a brand new Alto K10. It is powerful, good to drive car, easy to maintain.

If you want only a second hand car, search for Hyundai Getz. Its resale is pretty low, and maintenance with Hyundai wonnt be much of an issue.

I checked up the Mahindra True value site for you and there is 08 Getz with only 25k on the ODO and its is Mahindra certified too. All for 3.2 lakhs. This in my opinion is the best deal you can get.

http://www.mahindrafirstchoice.com/car-selection.aspx?cid=186&fp=3&tp=4#rahul18102010-08-29 20:30:26

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@Rahul,  Thanks for your input.

I really cleared my intentions that I want a car with decent power and good for long drive. I have driven Alto and I consider it as just a means of commuting but not for fun and long drive. It doesn't have power and with A/C on, which is a must for me in any climate hot or cold, is not adequate to handle the power required for fast and long drive.

I am buying car so that I can enjoy a long drive staying away from Chennai on weekend or may be a week. I will be living mostly for Kerela Hill stations but may be to Goa occasionally.

About Getz, I heard a lot but I think it won't fit into my requirement, as once the ODO says 50k+ resale value is random. It can go down much below 2.5 if bought at 3.25. Also, as this car is no more in production, parts will eventually will become scare. 

@BornFree

Yes, I am inclined towards Ford Fiesta, but I am not sure how much I should stretch my budget. I am looking at Fiesta Diesel at present as it is making more sense to me. I talked to First choice today with the agent at the first choice in Chennai and he said that they don't have any certified Fiesta with them. By certification, they meant whether the car is older than 2003 build or 60k+ meter reading. They told me that they will call me back by Tuesday.

What I really want to know is what kind of price should I look at now - model of 2006  make or 50K+ kms. for around 3 and 3.5 lacs budget.

Can you give me an idea of pricing what should I look for in terms of kms and year manufactured for fiesta?

2006 model - deisel with X kms - what should I cost. There are some vague range for the same that vary from 3 to 5.5. lacs for the similar configuration.

Also regarding the paper work, how much expenses and time needs to be spend for the registration and name transfer. I do no know any mechanic for the car whom I can take along with to inspect the car. Whom should I get to do the same? Should I try to approach personally the Ford service mechanics or anyone from small mechanic shop. The problem is the language as I do not know Tamil.

Will greatly appreciate your inputs!

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How about looking for a late (for the model) Honda City Mk.I in good condition, even if it has done, say. 80k. Depreciation about the lowest you can get. You may not even lose 10% in 11 months when you sell it. Economy - Good, performance and handling: Excellent. My cousin has one which has done over 135k and is still in excellent nick. Taut, silent, good economy, etc.

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@viquour

I dont think you have heard about Alto K10. Redesigned Alto with the 1.0 liter engine. It is one of the fastest hatchbacks in India and has been termed as the new pocket rocket.

Also regarding Getz, I dont think parts would be that difficult to source as it has gone out of market recently, sold in decent nos. and its a Hyundai. One of our other members "DD" has an Elantra and I have never heard him talking about any difficulty in sourcing parts. Also the car I have mentioned has just 25k in its ODO so expect it to be in mint condition.

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Vigour, avoid old Fiesta's because earlier Ford's were know to consume more parts. In case its a Fiesta, look for a post 05 model atleast with low mileage.

 

No idea about pricing, local dealers would be able to tell better. Still before making a deal, you can put the price on-board for suggestions from members.

 

Regarding finding a mech, talk to few of them before-hand & show the car to atleat a couple to be sure. You can get in touch with mechs. working in Ford & outside who repair Ford's.

 

Paper work is State subject, you will have to find out from the Department or maybe some members from your State can help.

 

@Rahul, why Alto only? A-Star is a better, newer & a safer car.

 

I agree with SG's suggestion too. Actually thought of it earlier but did not want to confuse you further with more choices. Honda City, if you can find a good eg. should serve you well & is easy on maintenance than Fords.

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Thanks again for invaluable inputs!

So tomorrow may go to Mahindra First Choice for pricing and avaiability. So outcome till now is:

- Ford Fiesta (2006+ model). Till how much km reading should I go for.  <60K or something. Either Petrol or Diesel one do.

- Honda City (when you say late make. how much late you are talking about in here - 2007+). Also should I look between 60 to 1 lac km reading for it. I am not sure if I get it below 4 lacs.

- No to small cars(wagonr, santro, alto, i10 or ritz)

- No to Getz and Ford Ikon

- No to Swift for high valuation for used cars.

- What about Tata Indigo?

- What about Hydai accent?

Hope not bothering you all too much with my queries!

Regards!

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An Used 2009 or 2010 model Ikon TDCi is a Best bet for you.

Its really enjoyable to Own & drive over the Fiesta & is pretty Reliable & Fuel efficient too over the Fiesta.

It also seems to be well within your Budget too, as you'll come across one at around 3.7-4.2 lacs Max.

 

While the used Swift Petrol or Diesel lose less amongst all in terms of the Re-Sale value but Proportionately Ikon TDCi lose l'll bit more than the latter but never leave you Empty Handed & will Re-sell better than Used Accent, etc after a year..

 

 

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- Honda City (when you say late make. how much late you are talking about in here - 2007+). Also should I look between 60 to 1 lac km reading for it. I am not sure if I get it below 4 lacs.

- What about Tata Indigo?

- What about Hyundai accent?

City: will be more like 2003-2005, since then City Mk.II came in (I do not remember exactly when). It was a competent product but not a great one. You may even consider an early Mk.II (aka NHC).

Indigo - No.

Accent: I had one for almost 8 years and 58,000km (sold it in April). I bought it in 2002 since Honda did not have a Kanpur dealership, otherwise it would have been the City 1.3. Good competent car, good relatively inexpensive  service, but not a drivers car by any means.  Also, economy at least 1.5kpl below the City.

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Regarding versions of Honda city.

 

Old Honda City - Type I - (98-00)

check the link for photo

 

Old Honda City - Type II,

4344093604_64980c1e7c_m.jpg

notable diff being, wrap around tail lamp(00-03)

 

New Honda City(03-05)

New Honda City ZX(05-08)

All New Honda City(08-till now)

 

You can get a decent City in the highlighted version for around 3L. If you could get a VTEC trim, nothing like that. This is the car, even our SG sir mentions.

 

yrs mentioned may be slightly wrong
creativebala2010-08-31 05:17:36

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Hi All,

Today, I went to true value and Mahindra first choice. True value doesn't has decent car for my purpose. Swift is not available and the rates as suggested by the executive their is pretty much in the range of 3.5+.

In Mahindra, I got two deals which seems fine.

1) Accent Viva (1.6 cc) 2005 model, with 50K km. reading. I drove the and I can feel the power in first few gears, but couldn't able to take it above 40 as it was in the rush hour time. More details:

- Color: Scarlet Red (something), sporty look.

- I was feeling some noise in the start; mechanic told me that it is because of idol bearing something, not sure what it is, and belt issue, which can be fixed.

- Gear box seems little hard, after pressing the clutch completely.

- Rest leg room and the power seems fine to me.

- There is some paint erosion on left front edge (Minor), seems like scratch while turning.

- There is one small dent at the back in the left boot where the Hyndai is marked.

Rate: Rs. 2.7 lac and not ready to negotiate more on it.

Other car which is coming tomorrow is Fiesta 1.4 SXi (2007 model) in P. Black color with about 30k reading. They are coating it at a price of Rs 3.68 lac.

please suggest is Accent viva good. As I am satisfied with its power and look , but not aware of its performance after 50k reading. Dealer suggested that the mileage in city will be around 8-9 and highway upto 12 with A/C.

What do you guys suggest? I want to close the deal as viva is scarce to find as per my knowledge. Should I also check fiesta tomorrow?

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Ok! I will try with TSM, but their website doesn't have many models. Will try to call them to check the available deals.

@sgiitk

What kind of mileage you expect from the Accent Viva with the 50k+ reading. I want to know how much thirsty it can go :). Also what do you think the price tag for 2005 model should be - 2.5 lac or even less?

I know that dealer will make from Rs. 20 to 40k but the odds of getting in screwed up car gets reduced; though, I could be wrong.

I haven't find the deals in the Honda city as you suggested.

Individual owners are quoting the prices really high on different websites. Also, individual buy has restriction of financing if needed, which is available with the dealers.

I am also planning to check the Fiesta on friday (30k kms - 2007 model).

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Try to go in for the fiesta 1.4sxi if you can bargin hard and come to a price of 3.2lakhs .It looks like a safe buy as the milege is less and it will be a certified car .

I would also say buying a car directly from the owner is the best way to get good deal . Also while bargaining state all the issues which are needed to be rectified in the car to the owner and keep in mind you need to change the tyres past 40k kms if the owner hasn't.

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Don't buy from true value its 30k more than market.

What i suggest is just buy the new Alto K10.

I will not recommend a the A-Star as its resale value may probably drop since the car hasn't clicked. But its a better car.

Alto being a maruti product it'll definitely sell easily and you will  get a good resale value

A used Ford is more expensive to maintain especially after 2 yrs.

Same goes for Mahindra and Tata as well.

 

 

 

Post edited: Use capital letters where required.
BornFree2010-09-02 13:07:34

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Thanks for the info lets see what happens tomorrow. One question I have for fiesta is that the dealer is saying its fiesta 1.4 Duratec SXi(Petrol), but I do not much cars with 1.4 SXi for fiesta online. Is it possible that ford made SXi 1.4 initially and started installing 1.6 engine.

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Well! I went to TMS today and find Fiesta 1.6 SXi Duratec Silver with about 30000 km for Rs. 3.9 lacs. I test drove it ut cam e to know that it is already blocked for the other user who did do 1 week back.

Then I got a chance to look at the Chervrolet Optra 2004 top model (black dolor and cream interioirs) with  50000 km for Rs. 3.75 lac. Some details:

- New Tyres

- Body lines pretty fine and nice finishing with minor small paint brush fixes which are negligible and mostly invisible.

- New insurance will be provided.

- Interiors are good with minor hiccups such as tear off of the gear cover, driver's seat right hand rest on the door also has  the tear off.

- Rest I drove it upto 800 and I felt the power of the engine, far better than Fiesta 1.6 SXi.

- Tomorrow planned to take Mechanic along to test the details of the car

- Single owner

- Left rear view mirror is broken but will be replaced before the delivery.

About the other cars which I mentioned:

Viva 1.6 - gone (already sold)

Fiesta 1.4 SXi (actually the user has customised the car with Leather interiors, change of dashboard, innbuilt msic system and alloy wheels. That's why he kept saying it as 1.4 SXi.

So, please tell me the verdict on the optra. I heard the mileage for 1.8 egine will be arund 8-9 in city. I can provide the fuel for that kind of thirst. But can it be more thirsty. Also, for highways I expect it to give 10-11 mileage. Am I expecting too much.

Please reply soon as I am planning to finalize the deal tomorrow, else this car will be gone by the time I decide.

Will greatly appreciate your inputs on the same.

Thanks,

Vigour

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