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Thread: People selling brand new City below list price: Is there a catch?

  1. #1
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    Default People selling brand new City below list price: Is there a catch?

    I look to buy a new car with good fuel economy, and looking at Honda City (brand new or little used).

    I saw ads on PW selling brand new City for less than list price (about 16K less than official list price). The cars are STILL in the showroom and will be picked up from the showroom.

    I called the contact person in one ad and asked why the hell they are selling at below the list price? The person told me that he is an investor and that he is looking to move his investment to upcoming Civic. He also told me that the registration needs to be completed soon after the invoice date, otherwise there is a registration penalty. He said that the car he is selling at lower price has few days left before the registration penalty is applied.

    Where is the best place other than PW to ask if there is something I should be careful about? I mean the car is coming out of showroom, it's brand new and cost 16K less. Why would someone pay full amount? What is the catch?

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    jah
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    @rayyu The penalty becomes applicable two months after the invoice date, so this means that the car you are looking at has an invoice of around 2 months back. Also, it is quite possible that since the cars are quiet old they might not have an invoice price equivalent to the prevailing price. This means the investor might have paid less than the prevailing price so he might still be saving some bucks at this price so ask him about the invoice price of the car meaning the price which will be on the invoice.

    P.S. Also if you are referring to the adds by Haider Toor I guess his father is either the manager or owns Honda Fort (Though I am not 100% sure).

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    Thanks jah. I believe the price of city did not change in the last two months. So it beats me why someone will sell the brand new car for something less than what they have paid for it.

    I am not referring to the ads by Haider Toor. The ads I am referring to have cars available at Honda Point and Honda near Kalma Chowk (Lahore).

    Any other opinions? Maybe I am just being too cautious here. But I am sure these kind of ads (selling new cars for less than invoice prices) are nothing new for PWers.

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    60 days is max time for car regn of a PAK manufactured car & 90 days for an imported one. does the name on invoice of local address in the city car is available ? or is it from out of town ?

    if it is at show room stay away from it if it is with an individual what other cars you see parked with him as daily usage cars does it match as an investor status ?

    meter tampering is quiet common while car is used over a temporary red TD number plate without any hassle.
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    Honda prices change in April and then in June this year.
    Now a days many people selling their 2011/12 City due to
    1. Change the model and get City with new interior. (me also) :p
    2. Civic 2009-2011 available in market at low price due to announcement of new model in September.

    Otherwise City is best 1.3 sedan available in market With excellent fuel economy (14+ local n 18+ highway), trunk space, technology.


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    @capsat: invoice is from lahore and car is at showroom in lahore. As per seller claim, the car is zero-meter and will be delivered from show room (the G.M of show room will hand over the car).

    Why do you say stay away from it, if it is at the showroom??? after all, every new car will come from the showroom.

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    @civic7: if the prices changed in june, it makes sense why they are selling it for a price lower than market (although the car is zero meter).

    But with price revision, I do not think they changed the model of City. What changed in the interior?

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    Two tone interior introduced, black n beige

    And... Many showroom have City with invoice of May, June in stock. Definitely those r lower in price compare to current price tag.
    So if those are selling even 50000 less, it's quite okay

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    Quote Originally Posted by rayyu View Post
    @capsat: invoice is from lahore and car is at showroom in lahore. As per seller claim, the car is zero-meter and will be delivered from show room (the G.M of show room will hand over the car).

    Why do you say stay away from it, if it is at the showroom??? after all, every new car will come from the showroom.
    If that's the case and like other posters support make your move nothing wrong in a bargain deal get paper work completed & PDI warranty checks etc done accordingly. - Many people take delivery & keep cars at their homes.
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    Well, i have purchased a brand new city from Honda, Islamabad on 27th of last month and sold it after one week unregistered because i didn't liked the car, it is a piece of crap seriously.
    I have purchased it for 1495 and sold it for 1455k...
    "Live Fast, Die Young and Leave a Beautiful CORPSE "
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    @civic7 - hey man, is that the pic of City's interior you posted? I am impressed. Is that DVD/Nav (whatever comes on the LCD) optional or standard feature?

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    Its City with new interior. Navigation is optional @50k

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    Quote Originally Posted by nasir007 View Post
    Well, i have purchased a brand new city from Honda, Islamabad on 27th of last month and sold it after one week unregistered because i didn't liked the car, it is a piece of crap seriously.
    I have purchased it for 1495 and sold it for 1455k...
    Bro
    What's in City which u dislike n sell it immediately?

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    Quote Originally Posted by rayyu View Post
    @capsat: invoice is from lahore and car is at showroom in lahore. As per seller claim, the car is zero-meter and will be delivered from show room (the G.M of show room will hand over the car).

    Why do you say stay away from it, if it is at the showroom??? after all, every new car will come from the showroom.
    there is nothing wrong in it. they will still make a profit even if they sell it on a lower price. if u want it, go buy it. not to worry

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