when your friend bought it for 12 or 13 lack, new was worth 19 lackhs
when your sold it, by the end of the same year new was around 24 lackhs
had he bought a new car, he would have added three or four lackhs in his pocket... I invested in Altos last year, booked at 13 lackh last year in august, recieved in october and sold them in december between 17.50 and 18... new car not only increases its worth with the official price hikes, but also due to market demand.
when a new car goes up 10 lackhs, one or two year old cars go up along with it... three to five years old go up half as much... DO THE MATHS... Don't mislead people...
new car is the best deal, bas chinese ko na lou, like pearl, bravo, alsvin waghera.. baki jo bhi gari new lou gay, faieda dey gi...
as i said earlier in the thread