Re: The 'Garage dilemma' thread : Buy / sell / keep / shuffle my cars Hello everyone,
We own a 2023 Toyota Innova Hycross Hybrid, which has run 35k Kms in almost an year of ownership and a 2014 Honda City iDTEC, bought used in 2017 when the odo was at 35k Kms and the present odo is 1.87L Kms.
Hycross is our primary ride used by dad on daily basis and mostly chauffeur driven while City iDTEC is being used within city limits and barely sees highways these days as we have Hycross for this and driven by myself and mom. After I moved to US, the City is mostly driven by mom and occasionally by dad whenever mom takes the Hycross along with the chauffeur.
Now the thing is, since I have moved to US last year and with the arrival of Hycross, the City has been seeing less usage. At the time of leaving, the car has run 1.73L Kms and after I came for vacation in the month of May, I've noticed that this car has barely run 9000 Kms after I left and in 2 months of my arrival in India, I've driven it for nearly 5000 Kms till date and now sitting in Honda ASC as the car was suffering from engine oil leakage problem, which got resolved by getting new parts, clutch replacement since the present one has run 1.15L Kms and the bill for replacing these parts came close to a lac, which didn't make sense according to me to spend on a 10 year old car and this would be the last expenditure on this car, to which my dad agreed.
I felt this is the right time to sell this car before I go back to US as it has run close to 2L Kms on the odo and completed 10 years of its age, but with a heavy heart, I had to drop this plan as my parents said a big no in selling this due to economic reasons and with me not being in India at least for an year or two, buying a new car doesn't make sense now according to them. Even my folks too wanted to get rid of the City due to increasing maintenance, but, sadly, had to retain this car for sometime due to the reasons mentioned above. I even lamented on my folks to get rid of it, and even today, doing the same, but, still, they are firm on the decision. They love this car so much even today despite having Hycross at home due to being city friendly, gives no less than 18 Kmpl in city traffic even today (my dad is a person, who always values FE, reliability and safety over anything else and this is one of the reasons why he bought the Hycross Hybrid over other choices last year) though we don't mind letting go of FE as the car will be seeing less usage and rear seat comfort, which we can't get in a new car that we upgrade I guess though we are ok with compromising on this as we have Hycross satisfying this need. One of the main reasons for letting go of this car is I wanted to have another AT at home especially after using our Hycross on daily basis, which made me hate driving the City in the traffic due to being Manual and moreover, the car will be used by mom, who has been driving cars since more than 2 decades and driven only MT cars till date. I persuaded her to drive our Hycross so that she can get used to driving an AT, which she never drove till date and get an AT replacing the City later though she is young enough to drive an MT car even today (her age is 54 btw and has been suffering from leg issues since past few years off late).
But, considering our present usage, having 2 cars at home would suffice for now as I won't be in the country at least for another 2 years. Most of the people I know having at least 3 cars in their garage these days, especially in the gated community we are staying now.
Also, in last 2 years, with the intention of retaining this car for another 2-3 years as we had sold off the OG Innova during that time in 2022, we have spent nearly Rs.4L by getting the whole car repainted at the ASC itself, overhauling the suspension, getting a fresh set of tyres that has run 30k Kms till date and now, getting the timing kit replaced along with new set of clutch and radiator. The money we spent on this car till date is the resale value of this car if I sell it off now. All the services and replacements done till date have been done in Honda ASC itself.
Even after the car has seen some heavy and rough usage, it has bore the brunt well.
We usually sell off our cars within 5 years of ownership or less but I never thought that we'd be retaining this car for more than 5 years, which is quite surprising for me as we had a 1987 Maruti 800, which we had bought used during my birth in 1998 and served as a beater for 13 years before going for scrap. Later, my folks also felt that selling a car within 5 years or below doesn't make sense unless it suffers from niggles or problems and spending on a new car is a waste of money according to them as it is a depreciating asset.
Now, I have two plans. Sell off the City and get an EV or Petrol AT within 25L next year or retain the City even if we get a new car to serve as a spare car or 3rd car whenever any of our cars goes for major repair work or service.
Kindly help me in solving this conundrum.
Thank you |