I am shocked with the current market rates that is being offered for a 1 year old Verna petrol SX ABS
With my daily run increasing from 40 kms to 150 kms, I thought a car that would run 9 kms for a liter of petrol costing north of Rs 67 would not be a wise choice to go with. The launch of new Fluidic Verna tempted me. I decided to go for the new Verna diesel. On may 11th I booked my black verna diesel and I am expecting delivery anytime next week.
At the time of booking when enquired about the resale price of my current Verna the S.R. who inspected my car offered me 5.8Ls. I did feel it was on the lower side and was expecting at least 6L. So I decided to do the selling job myself by posting adds on classifieds etc. But after coming back home I decided to negotiate with the S.R. itself for a higher price, as I din't want to take the head ache of name change and other RTO procedures. Mean while I did enquire other 2nd hand dealers for the price they would quote for my car. That was the 1st time I felt the shock when Mahindra's First choice quoted me a 4.2L. I then decided to blankly not push the S.R. for more and agree with 5.8L itself.
The next day when i called about taking the car from my house and payment details, S.R. put me on hold for 1 day saying that he would try for a better deal outside. There was no response from him for 4 days. Later when I called him he explained me about the current market stats and thus my car would only fetch 3.3L
and he would try his best to push it till 3.5L. When enquired about the quoted price of 5.8L earlier he did nothing but apologized for quoting a wrong amount.
Then I quickly browsed through all possible classifieds on the internet and posted the details about the car. I kept getting calls from many, atlast found a serious buyer. He saw the car he was very satisfied and I asked him for 5.8L. Later after negotiations I agreed for 5.6L. He was supposed to meet me the next morning to pay me the advance but he never turned up!
What a waste of time. Its almost 1 month now of seriously trying to sell the car but in vain.
I some how feel It would be very difficult for me to sell this car for a reasonable price. Guys please suggest me something which would help me fetch a decent price for my car. Below are the details OTR price while buying was 8,12,000
2010 FEB registered
Petrol SX ABS(top model)
19600 kms on odo
Very well maintained( took lot of care personally)
Below is the link to my car's pics and details For Sale: Hyundai Verna SX ABS Petrol - The Automotive India Marketplace
If I end up selling for 4.2L(that is the maximum anyone was willing to actually pay). The running cost for my current car would be
a) 812000-420000= Rs 392000
Fuel cost for running 19600kms. Avg. mileage of 10kpl. total fuel consumption would be 1960lit. Avg. fuel cost Rs 61/-.
b) Total Fuel cost=1960x61= Rs 119560
c) Total running cost = a+b= Rs 511560
So cost per km would be = 511560/19600 = Rs26.1/Km