got it. I got pwned.. :$
well, you doubt a lotta things I see. I suggest, my dear sir, with all due respect, :), be a little optimistic in ur views and opinions.
I read every SINGLE WORD of ur worthy post.
u mentioned every single thing, everything important, IMHO, and the rgument is quite plausible, I agree. 
But the only thing u did not mention was the fuel economy of the car. Swift, manual transmission, hardly exceeds 12KPL in intercity driving, I mean the REAL WORLD intercity driving in which u can hardly engage the third forward.
People actually drive the car in 4th or 5th gear on Kashmir Highway (an instance) at a speed of 70kph and then claim the "intercity" mileage to be 15KPL or more. :S
What can u possibly expect from the same DOHC married to an auto tranny?
Seriously, when I spend something like 1.4m, I keenly observe the value of the product I am getting. 1.4m worth of car, that too small, hardly able to occupy a family of three on a long drive, and the fuel economy like a Mercedes C180.
ANY person who spends his hard earned money, and with the tiniest possible expertise in cars would rather go for a slightly used, but a bigger car for family use. Or would save up another 2 or 3 lakhs (i know it isn't easy) and would preserve the 1.4m all the way.
One buys an auto swift, gets it registered, puts on some goodies, and then wants to sell it. Whats he gonna get in the open market?
IMO, fuel economy and the worth of money, these two are VERY important factors for a person who has to spend that much on a car for his family use. Cz at the end of the day, he HAS to drive it. 