You even get a Mercedes Benz for Rs.2 – 5 Lakhs (
http://www.theautomotiveindia.com/f...alysis-own-mercedes-benz-only-rs-5-lakhs.html). Some people buy expensive used cars at dirt-cheap price due to the initial charm but regret later when it comes to up keeping one. A used car that is intended to run for long weekend trips would also require as much maintenance as a car, which is used for short trips on regular basis. I am not at all against used cars. They make for an incredible deal as long as it is in mint condition. However, before buying one, think after keeping the foot on ground level and ensure that it does not requires you to sell off that home even in a worst case scenario. Otherwise, the entire deal turns upside down. Anyways, some of the premium and not-so-premium cars that I find absolutely worth in the used car market are Mitsubishi Cedia, Skoda Octavia vRS, Hyundai Sonata Embera / Transform, Honda Accord (Esp. V6 has poor resale), Nissan Teana and Toyota Camry.
Any idea how much would the BMW, Merc & Audi petrols would go for. I just read somewhere that someone bought a Superb 1.8 Petrol DSG for half the OTR price. he car was a year old and 14 K Kms on the odo.
Average price of decent Mercs and BMWs (< 5 Year old) is as low as 15 Lakh. Else, there are even luxury cars like A6 and E-Class are available from 10 Lakh onwards.
2000-2003 model Merc C-Class petrol are available for less than 7L. No idea about Audi
Trust me. Those C-Classes are not worth it. Paying 7 Lakh for 2000 - 2003 Model, I would call nothing, but overpriced.
Drive Safe,
350Z