Just today we came to know that one of our complex residents is traveling to Europe long term and needs to sell off his Nexon XZA+ S petrol within Feb’21.
BHPian soleinkol recently shared this with other enthusiasts.
Hi All,
A post after a long hiatus, though I have been lurking around as we are close to replacing our 11-yr old Alto LXI, our first car.
The choice for replacement is based on the following:
- Should be safe (NCAP 4 or better).
- Should give decent mileage, but not an EV (I am not sure about the EV yet, and I think it will take some more years to get the infrastructure ready).
- On road price around 8/8.5 Lakh INR, with some flexibility (about 15-20%).
- Prefer manual transmission – have a feeling that maintaining an automatic over 8-10 yrs period could be costlier than the MT (could be wrong – but MT would be safer choice).
- Running is not much – may be 6-7K KM per year with some occasional highway drive as I am now mostly WFH while my wife does drive to her client’s location within or around Kolkata.
- Would like to have a car with rear wiper and defogger; do not prefer to have sunroof.
Based on the above, we are considering 3 cars:
- Tata Altroz NA petrol.
- Tata Altroz iTurbo petrol.
- Tata Nexon petrol.
Just today we came to know that one of our complex residents is traveling to Europe long term and needs to sell off his Nexon XZA+ S petrol within Feb’21.
On checking with him, he told that he is expecting a price around 10.8 lakh, while his purchase price was 11.83 OTR. It is 9 months old with just 2600 km on the odo. It seemed very good initially, and I told him I am interested but price seems a problem for me.
My thinking process is as below:
- If I exclude Sunroof and AMT, then the model would be Nexon XZ+.
- XZ+ Kolkata OTR 11.3 Lakh as per carwale, while I can utilize my 50% NCB on Alto, and no negotiations done with any dealership yet – which should also be something (given there could be pressure on FY end in March). So I presume the OTR for new XZ+ Petrol could be around 10.8-11 L.
- I do not need the car now, I can easily wait.
This used XZA+ car gives me:
- A 1 lakh discount when compared with 1st hand XZA+ S, but same price of new XZ+ OTR.
- Additional sunroof which I don’t need/want.
- AMT is possibly costlier to maintain?
- ARAI FE for AMT is marginally less than MT, so long-term fuel consumption will be more with the used car.
- I will have the car right away – no waiting period (not a big deal for me).
- Ideally a 15% depreciation should be expected, which should take the used XZA+S price down to (11.83 L OTR x 85%) = 10.06 L.
I request your view about the asking price of this car. Also your view about the aspects I touched and I might have missed in the thought process explained above.
I would need to decide quickly – so request your advice here.
Here’s what BHPian Reinhard had to say on the matter:
How long do you intend to keep this car? If I read it right – its 8 years or more under normal circumstances. In such a case – I strongly suggest you bump the budget/loan and buy the iTurbo or diesel Altroz. These engines do justice to what the car is capable of doing. You’ll enjoy the car far longer and won’t feel the need to change in those 8 years. Make a compromise on the engine and that itch may come far sooner.
If you are okay with the 1.2 NA petrol – save money and buy a Tiago/Tigor. They are excellent products for the sticker price. I don’t see much of a reason to buy a 1.2 NA Altroz to be honest. The Punch is a good car individually as well, but if I were to walk into a showroom – I’d definitely buy a top trim Tiago over a Punch & a lot of petrol afterwards (For once, its good to see Tata offering cross-shopping options under one roof).
It may well be true that in the long run an AT/AMT car may be costlier than an AT (it obviously is, given the asking price itself starts around 60K higher). But then – in the balance is the convenience. If your usage pattern is anywhere over 60% in urbanized environment – the premium definitely is worth it in the long run, unless you are a die-hard MT fan. Don’t opt for MT just because it appears cheaper than AT. You may regret it in the long run.
Here’s what BHPian NovemberKing_91 had to say on the matter:
Hi,
For your requirements, I would suggest looking at the Altroz and Punch seriously. At around 8.5 OTR, a decent high end model of Altroz should be available, same with the Punch. If you are not planning for long trips or enthusiastic driving, the NA engine option is perfectly fine. The Altroz is spacious and smooth, while the Punch is the newest kid on the block. At 8.5 OTR, I believe the top end of Punch is within reach. For Nexon, in 8.5 lakhs, you will get the Nexon XM at best. It does not come with rear wiper and washer. I own one, and honestly, during the rainy season, I miss having the wiper. Alternatively, you can have a look at the Renault Kiger/Nissan Magnite too. They are lookers, quite loaded and have GNCAP 4 star ratings too.
Here’s what BHPian DevSunit had to say on the matter:
I got a 2 month old 600 km run petrol XZA+S on December 2021 in Kerala for 10.85L . You can negotiate and bring the price down IMO.
Keyword: Need advice: Buying a used Tata Nexon to replace my Alto LXi