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Thread: Should I go for this deal ... Please advise

  1. #1
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    Default Should I go for this deal ... Please advise

    I have a vitz 07, lhr regd in 2010, in my name perfect condition low mileage. A friend has Lancer 07, 1.6 GV, manual trans, isd regd (first owner) and mileage around 70k with original paint and well kept except for some minor suspension work.

    Now if we make an exchange deal what is the worth of each car approx ? and vitz price may remain high but since CNG is becoming an issue so will the price of Lancer decline a lot ? Should i go for the deal ?

    I have no issues with maintenance cost of lancer.

    "You have not lived today until you have done something for someone who can never repay you."

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    TM
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    @ Naweed! Ummm was your friends car advertised sometime ago? I think I have seen the ad of your friends Lancer, was demanding a hefty amount for it so I walked away
    "Never drive faster than your Guardian Angel can fly."

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    Currently Lancer is worth about Rs. 900k max as per your description and yours car value is around Rs.900k to Rs.950k (subject to condition). If you would go for the exchange, you would surely like the Lancer a lot because of its bigger engine and much smooth suspension. Drive wise its two times as comfortable as your current ride. BUT your car will appreciate as the time passes, while Lancer would keep on depreciating. If you dont care about the resale, go for the exchange. Otherwise do not even think about it !
    Always obey traffic rules!!!!!!

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    i think vitz is better then lancer as per time regard................if ur car is 2007 faacelift model then it will be around 10 to 10.50 depend upon condition and lancer is almost 9 to 10 condition matterz
    Relatives Who Don't Wish Me On My Birthday,............Have No Right To Contact Me On My Result Day

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    no vitz z much much better than lancer dnt go for deal dude
    ASTAGHFIRULLAH ASTAGHFIRULLAH

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    @TM
    yes its ad appeared while the friend was in quetta about 3-4 months back, then he was asking 1150k as i remember.
    @amubeen
    resale has always been my concern and that why i'm seeking opinions. I'd say 4 months back had he offered me the deal i might have accepted but now if one wants to buy a saloon car he should not go for out of mkt or let the mkt settle in another 4-6 months then one should go for such deals. Thanks for your opinion
    @Asad_B and @volverine
    Thankyou for your valuable opinions i'm also thinking of keeping up with my present car (vitz). I'm really greatful
    "You have not lived today until you have done something for someone who can never repay you."

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    Just one quarry when i look at the ads sec people are asking around 1mn for 1300cc lancer 07 so a lancer 1.6 same model should be worth more, isn't it so? or is it the routine PW demand procedure where you ask much higher than the market price
    "You have not lived today until you have done something for someone who can never repay you."

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    @Naweed! Well, i think a large population who place their ad here think that buyer on Pakwheels are naive and they have no idea about the market. I think most of the time a car over here is asked more than Rs50k-75k or even 100k than what it market value.

    As for 1150k...dont you think that a bit too much...com'on it is 2007 Lancer... i think a good 1.3 2005-2006 is worth around 850-875.... so a 2007 1.6 should be around 925k... more than that I think a City 2006 is a better option
    "Never drive faster than your Guardian Angel can fly."

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    lancer 2007 is around 10 lac not 9 bro...vitz is around 9-950..
    but vitz is more liquid than lancer (FINANCIAL TERM)
    so if u think u gonna sale it in some near future,lancer wud take time to sell off,but vitz wont...
    but lancer is better car than vitz as being 1.6...n comfort is also ahead of vitz!
    REAL men drive manual cars!

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    his lancer worth max 925k n ur car will sell around 1075k min in lhr ....if ur car have alloys n navigation system etc...

    u should stick with ur vitz 07 ....vitz is better than lancer....
    Sent From My Samsung Galaxy S4 Using Fingers

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    @poster look at wht u require?if u require i big car along with trunk then go for lancer but rmember therer some issues wth lancer eg aftersale is low,not a hot selling item of market,will eat more fuel than vitz,spare parts r more expensive..
    but if the space nd trunk dsnt mtrz then buddy stick to ur vitz as the lancer is 70k km driven nd u r telling tht it has sm suspnsn isues so mine persnl advice is tht dont go for it u'l mis ur vitz!
    ''Peace is an unstable equilibrium,that can only be preserved by acknowledged supremacy and...equal power.'' ''We give up the fort when there is not a man left to defend it.''

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    OK. Point taken i'll stick to vitz for now, thanks all
    "You have not lived today until you have done something for someone who can never repay you."

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    gud dcsn....!!
    ''Peace is an unstable equilibrium,that can only be preserved by acknowledged supremacy and...equal power.'' ''We give up the fort when there is not a man left to defend it.''

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    Quote Originally Posted by Naweed View Post
    OK. Point taken i'll stick to vitz for now, thanks all
    gr8 decision
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    Sir as i told u,,Lancer is very difficult car to sell off,,Best option for u is the Toyota IST .my cozin has a 07 in his showroom for 2months in khi.the car has alot resale issues,,would never suggest any one to exchange vitz with Lancer.

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    Poster,

    Guganali007 gives you an accurate advice.

    Enjoy your Machine, its a total plesure.
    VITZ:A Master Piece by A Greek Designer

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