Is it worth buying a 10 year old car in India?

Is it worth buying a 10 year old car in India?

More than half of a car’s original value evaporates in the first five years of ownership. When buying a used car that’s 10-years-old or older, your primary concerns are purchase price and reliability. Don’t pay more than that 10-year-old car is worth.

What car should I buy on a low budget?

Top Cars Under 5 Lakhs 2021

Model Price
Maruti Celerio Rs. 4.99 – 6.94 Lakh
Tata Tiago Rs. 4.99 – 7.07 Lakh
Maruti Wagon R Rs. 4.93 – 6.45 Lakh
Renault KWID Rs. 4.11 – 5.66 Lakh

Which is the best budget car in India?

Best Budget Cars in India under 3 lakh

  1. Bajaj Qute. Available in both petrol and CNG variants, the Qute from Bajaj justifies its name, along with maximum fuel efficiency.
  2. Datsun Redi-GO. The Datsun Redi-Go is another hatchback in this list of the best budget cars in India.
  3. Renault Kwid.
  4. Maruti Alto 800.
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How much does a good car cost in India?

Car prices in India range between Rs. 2,99,800 (Maruti Suzuki Alto) and Rs. 2,46,00,000 (BMW M760Li xDrive). There are around 16 car manufacturers in India who manufacture cars of different models, with different prices.

What km is good for a used car?

As a rule of thumb, the average car will rack up 20,000 km per year — the distance manufacturers use to determine standard warranty coverage. A seven-year-old model should have 140,000 to 150,000 km on the odo. If it has traveled considerably more, deduct cash for high mileage. 3.

How many km are too much for a used car?

If you find a car with more than 200,000 km on it, don’t be too concerned. A vehicle that has gotten regular oil changes, tire rotations, tune-ups, and a little high-mileage maintenance, should still have some life left in it. Well-built trucks and large SUVs should last longer than other vehicles overall.

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How can I get the lowest price on a car?

“First try to get it from your bank as you are likely to get a cheaper loan and better rates,” says Umang Kumar, President, CarDekho. com and CEO & Co-founder, Gaadi.com. Once you’ve decided on the loan, try to make a down payment of at least 20\% so that your EMI is lower.

Which is the best used car in India under 3 lakhs?

Today we are compiling a list of used cars which falls in the budget of 2.5 Lakhs to 3.5 Lakhs. If you are looking to buy an used car in India under 3.5 Lakhs, read on… Fiat Linea is a good, capable sedan and can be classified easily as one of the best in the sedan segment. Linea has been on sale in India from quite sometime.

How to buy a used car in India?

There are three main avenues for buying a used car in India – an individual, a used car broker and the franchised pre-owned dealer. The customer-to-customer model certainly seems to be the easiest choice if the seller is known to you.

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Is Linea a good used car in India?

Linea has been on sale in India from quite sometime. The current resale value of Fiat Linea is not that great that makes it a good choice in the used car space. Choosing this sedan from Fiat brings you great features and the interiors are well built and shall live long.

How reliable are online used cars in India?

With the advent of online used car platforms, things have gotten easier for the common Indian. But the question of reliability still haunts used car buyers, as chances of getting a good used car are still relatively low. Enter online used car dealers. Unlike offline used car dealers whose sole aim is to get rid of a car in the name of a sale.