Hi Anand,
Yes Punto depreciates easily. That all depends on the Brand image and future market .But in the posts above am commenting on Diesel cars in general. Nothing comes near to Maruti and Hyundai. Dont think am pressing you for fiat.i dont mind which car you buy its all your money. But Is the resale value is what defines the Practicality? I will disagree with you with all respect.
I agree with u. i dont feel that you are pressing you, instead you are making a good suggestion. Punto Dynamic(comes with ABS) for 6.9 is a really good offer.I test drove it twice. Somehow, i dint like its interiors, but even if i compromise that, I am still not convinced with it. The logic behind buying a diesel car lies in the fact that the expense would be less. But finally when you sell it (could happen anytime 5 years, 7 years) I'd end up in a loss.
(I am not thinking of selling right away, just a thought
)
Punto :
690000 + [10000 (average run in an year)/17 (mileage) ] *45 (diesel price) *5 (years) = 850000
Resale value after 5 years : 4 lakh.
Money lost: 450000.
I20 magna:
690000 + [10000 (average run in an year)/17 (mileage) ] *45 (diesel price) *5 (years) = 850000
Resale value after 5 years : 5 lakh.
Money lost: 350000.
Finally, i feel it would be a loss.