When is the right time to sell your cars

throttleking · 22nd September 2008, 17:58

Quote:

Originally Posted by BurningHeart

I'm a little confused with the objective of this thread.

The objective of this thread is simple, understand the "Should you get rid of your car" situations, and help those people who are actually facing it.

However you can always keep your car in whatever condition. yet we can talk about logical end to part your ways.

shiva_cool87 · 22nd September 2008, 21:03

hmmm...nice thread.

I have an Indica V2 , gonna be 3yrs old very soon.

I have plans to sell it and buy another small car (I don't like sedans :( )

Is this the right time ? Coz Vista is launched , I'm bit confused.

Or I may keep the car for another year or so and sell it when Maruti launches A-star or any other good small car.

dinar · 22nd September 2008, 21:34

In my opinion if one has diesel car best time to sell it is around 3-4 years after purchase, after this time the cars will start giving small problems. For petrol car the same or may be another year but thats it.After this the car depreciates like a falling brick and I do not mean the calculated value on insurance and stuff, but in the second hand market [if it has not done that in the first place]. This is all the math.
Other situation is when there a new car in the market and you want one so bad that you can kill for it.
The company is offering good resale on your car for exchange for the new kid on the block that you wanted.
But I do not fit in any of this.I like cars so much that I am keeping all my old cars and buying new once..I have a big parking space.

nitinralli · 22nd September 2008, 21:55

I have a Feista Diesel which is gonna be 2 yrs old in Novemeber and i have already started thinking of selling it. It not that its giving me any problem, i think its a fantastic car, but i generally like to change my cars in 2-3 yrs time.

snaronikar · 22nd September 2008, 21:58

I think there is one more thread with the same words but a different sentence. Do the proper search and you may find it. This has already been discussed.

subscrive · 22nd September 2008, 22:36

Change in the need and the traffic condition.
Older technology.

Eg: We had MnM jeep with a Peugot engine.
But was quite strenuous to drive and a pain to park.
Also diesel eng had a huge maintain issue.
There was a need for better n "luxurious" ride.

So sold the jeep and bought Amby.

Again Amby was pain to drive (after 4 years or so) and so sold that bought 2nd hand M800.

(Above are dad's decision.)

Currently have 2nd hand M800 and 2nd hand OHC (OHC is my decision).

Cannot sell M800 since wont get anything for it.

PS: Should start a corollary thread of why you are sticking with your car - though you would have advised your friends to sell if they had owned it.

throttleking · 22nd September 2008, 23:09

Quote:

Originally Posted by shiva_cool87

hmmm...nice thread.

I have an Indica V2 , gonna be 3yrs old very soon.

I have plans to sell it and buy another small car (I don't like sedans :( )

Is this the right time ? Coz Vista is launched , I'm bit confused.

Or I may keep the car for another year or so and sell it when Maruti launches A-star or any other good small car.

In my opinion you can still continue to use your Indica for a while, as Vista is already launched, and whatever damage to your v2 it could do is already done.

However Vista is totally different car, and your V2 would still fetch good money for you as there are many taxi buyers for this (dont Mind).

Meanwhile you can wait further Grand Punto.

shiva_cool87 · 22nd September 2008, 23:26

Quote:

Originally Posted by throttleking

In my opinion you can still continue to use your Indica for a while, as Vista is already launched, and whatever damage to your v2 it could do is already done.

However Vista is totally different car, and your V2 would still fetch good money for you as there are many taxi buyers for this (dont Mind).

Meanwhile you can wait further Grand Punto.

Totally agree. But mine is a Petrol version and I bet taxi buyers don't like this ! I always wanted to buy Punto since the day I saw the Pic

theMAG · 22nd September 2008, 23:30

As with any other purchase, you get rid of the car the moment that mental disconnect happens for various reasons.

TheARUN · 23rd September 2008, 10:51

My SIERRA is coming up to 15 years. In December 2009 it'll be 15 years old and I'm planning to part ways with it. Will sell if off at a throw away price to an enthusiast, or gift it away to a relative.

I've been steadily growing for the past few years.
Earlier, I used to own a 15+ year Padmini, from there on graduated to a 10 year old Sierra. I'm aiming next for a 5 year old Safari. Can buy a new car, but rather be like the tortoise and go slow and steady. 10 years from now, I would be buying a NEW

throttleking · 23rd September 2008, 11:50

Quote:

Originally Posted by TheARUN

My SIERRA is coming up to 15 years. In December 2009 it'll be 15 years old and I'm planning to part ways with it. Will sell if off at a throw away price to an enthusiast, or gift it away to a relative.

I've been steadily growing for the past few years.
Earlier, I used to own a 15+ year Padmini, from there on graduated to a 10 year old Sierra. I'm aiming next for a 5 year old Safari. Can buy a new car, but rather be like the tortoise and go slow and steady. 10 years from now, I would be buying a NEW

This is a very realistic scenario, you should get rid of your car now

MuraliR · 23rd September 2008, 11:58

I sold my Sierra in 2004 and am yet to find a car that will give me a ride as decent as that !!!

Quote:

Originally Posted by TheARUN

My SIERRA is coming up to 15 years. In December 2009 it'll be 15 years old and I'm planning to part ways with it. Will sell if off at a throw away price to an enthusiast, or gift it away to a relative.

I've been steadily growing for the past few years.
Earlier, I used to own a 15+ year Padmini, from there on graduated to a 10 year old Sierra. I'm aiming next for a 5 year old Safari. Can buy a new car, but rather be like the tortoise and go slow and steady. 10 years from now, I would be buying a NEW

techn0l0gist · 23rd September 2008, 13:07

I guess I'm one of the rare types, I like to keep my cars till they fall apart! With regular maintenance that would rarely happen unless you happen to crash !

muralisk · 23rd September 2008, 13:23

My personal opinion, I would like to change the car for the following reasons:

1. There is a genuine need for a newer car
2. Cost of maintenance is shooting through the roof and sourcing the spares is getting quite difficult
3. My dream car is available in the local market and at affordable price.
4. Last option, just got sick of the existing car and hence need a change.

snaronikar · 23rd September 2008, 13:52

Quote:

Originally Posted by muralisk

My personal opinion, I would like to change the car for the following reasons:

1. There is a genuine need for a newer car
2. Cost of maintenance is shooting through the roof and sourcing the spares is getting quite difficult
3. My dream car is available in the local market and at affordable price.
4. Last option, just got sick of the existing car and hence need a change.

I would like to add few more

1) Even though the existing car is good, you want to have that desired car that you have dreamt off during childhood days.
2) If the car has met with a major accident and then it is repaired and you do not want to keep it any further.
3) Your family members is pestering you to buy that small car instead of this big car for better FE.

etc etc etc.

22nd September 2008, 21:03	#47
shiva_cool87 BHPian Join Date: Feb 2006 Location: Bangalore Posts: 138 Thanked: 0 Times	hmmm...nice thread. I have an Indica V2 , gonna be 3yrs old very soon. I have plans to sell it and buy another small car (I don't like sedans :( ) Is this the right time ? Coz Vista is launched , I'm bit confused. Or I may keep the car for another year or so and sell it when Maruti launches A-star or any other good small car.
	() Thanks

22nd September 2008, 21:34	#48
dinar Senior - BHPian Join Date: Mar 2006 Location: goa Posts: 1,066 Thanked: 57 Times	In my opinion if one has diesel car best time to sell it is around 3-4 years after purchase, after this time the cars will start giving small problems. For petrol car the same or may be another year but thats it.After this the car depreciates like a falling brick and I do not mean the calculated value on insurance and stuff, but in the second hand market [if it has not done that in the first place]. This is all the math. Other situation is when there a new car in the market and you want one so bad that you can kill for it. The company is offering good resale on your car for exchange for the new kid on the block that you wanted. But I do not fit in any of this.I like cars so much that I am keeping all my old cars and buying new once..I have a big parking space. Last edited by dinar : 22nd September 2008 at 21:40.
	() Thanks

22nd September 2008, 21:55	#49
nitinralli Senior - BHPian Join Date: Jun 2005 Location: Delhi Posts: 1,531 Thanked: 1,117 Times View My Garage	I have a Feista Diesel which is gonna be 2 yrs old in Novemeber and i have already started thinking of selling it. It not that its giving me any problem, i think its a fantastic car, but i generally like to change my cars in 2-3 yrs time.
	() Thanks

22nd September 2008, 21:58	#50
snaronikar Senior - BHPian Join Date: Jun 2007 Location: Bengaluru Posts: 2,845 Thanked: 31 Times View My Garage	I think there is one more thread with the same words but a different sentence. Do the proper search and you may find it. This has already been discussed.
	() Thanks

22nd September 2008, 22:36	#51
subscrive BHPian Join Date: Jan 2007 Location: Pune Posts: 258 Thanked: 30 Times View My Garage	Change in the need and the traffic condition. Older technology. Eg: We had MnM jeep with a Peugot engine. But was quite strenuous to drive and a pain to park. Also diesel eng had a huge maintain issue. There was a need for better n "luxurious" ride. So sold the jeep and bought Amby. Again Amby was pain to drive (after 4 years or so) and so sold that bought 2nd hand M800. (Above are dad's decision.) Currently have 2nd hand M800 and 2nd hand OHC (OHC is my decision). Cannot sell M800 since wont get anything for it. PS: Should start a corollary thread of why you are sticking with your car - though you would have advised your friends to sell if they had owned it.
	() Thanks

22nd September 2008, 23:30	#54
theMAG Distinguished - BHPian Join Date: May 2006 Location: Avon, CT Posts: 7,196 Thanked: 1,821 Times View My Garage	As with any other purchase, you get rid of the car the moment that mental disconnect happens for various reasons.
	() Thanks

23rd September 2008, 10:51	#55
TheARUN Senior - BHPian Join Date: Sep 2008 Location: Bangalore Posts: 1,383 Thanked: 988 Times View My Garage	My SIERRA is coming up to 15 years. In December 2009 it'll be 15 years old and I'm planning to part ways with it. Will sell if off at a throw away price to an enthusiast, or gift it away to a relative. I've been steadily growing for the past few years. Earlier, I used to own a 15+ year Padmini, from there on graduated to a 10 year old Sierra. I'm aiming next for a 5 year old Safari. Can buy a new car, but rather be like the tortoise and go slow and steady. 10 years from now, I would be buying a NEW
	() Thanks

23rd September 2008, 13:07	#58
techn0l0gist BHPian Join Date: Aug 2004 Location: Goa Posts: 366 Thanked: 94 Times	I guess I'm one of the rare types, I like to keep my cars till they fall apart! With regular maintenance that would rarely happen unless you happen to crash !
	() Thanks

23rd September 2008, 13:23	#59
muralisk BHPian Join Date: Nov 2006 Location: Hyderabad, Bangalore Posts: 711 Thanked: 13 Times View My Garage	My personal opinion, I would like to change the car for the following reasons: 1. There is a genuine need for a newer car 2. Cost of maintenance is shooting through the roof and sourcing the spares is getting quite difficult 3. My dream car is available in the local market and at affordable price. 4. Last option, just got sick of the existing car and hence need a change.
	() Thanks