You have a decent budget, about Rs 4 lakh to buy a used car. You are looking for a sedan within this price band. Finding a car is not difficult, what you will face is a PROBLEM OF PLENTY. Apply these filters on any used car sites, and you will not get less than 100 options to choose from. The variety of cars to choose from will be staggering, across body, fuel and transmission types. All you can do is try different filters, check details of each car, and somehow work your way through the best set of options for yourself. Or, you could use the Cartoq TRUE PRICE to identify the best deals within this list. Using a Machine Learning algorithm that our Data Science team built, we are able to estimate the real price of a used car accounting for all the car variations.
In other words, the TRUE PRICE allows us to compare apples with oranges. And the best deals are those where the TRUE PRICE is higher than the listed price.
If you are in Delhi NCR, here are the best deals we identified based on their TRUE PRICE. We ran the analysis on June 18, 2019, so if you are reading this article later, there is a very good chance that the cars listed here are sold. But this list still provides some useful pointers even if these specific cars are not available to you.
• There are good deals to be had if you focus on usage as well as the age
• All the cars listed are Maruti Suzuki SX4s which are well under Rs 4 lakh
Here are the top recommendations.
Recommendation #1: Maruti Suzuki SX4 ZDi
Year: 2014 / Mileage: 70,935 km / List price: Rs. 3,50,000 / Ex-showroom price: Rs. 8,97,607
Why buy: Maruti Suzuki SX4 ZDi at Rs 3.5 lakh and with 70,935 km tops the list. This is the top-end variant and comes for a lakh less than half the original price. The car is powered by a diesel engine mated to a manual gearbox. It has seen a single owner and comes in white color.
Recommendation #2: Maruti Suzuki SX4 VDi
Year: 2014 / Mileage: 62,965 km / List price: Rs. 3,52,800 / Ex-showroom price: Rs. 8,06,480
Why Buy: There is hardly any difference between the statistics of the first car and this one. Major separating factor being the mileage put in and the fact that this is one model below the top-end model. The car is with its second owner right now and is powered by a diesel engine mated to a manual gearbox. It is available in silver color.
Recommendation #3: Maruti Suzuki SX4 VDi
Year: 2014 / Mileage: 62,965 km / List price: Rs. 3,60,000 / Ex-showroom price: Rs. 8,06,480
Why buy: This car is with the second owner right now. It comes with a silver color option and is powered by a diesel engine coupled with a manual gearbox.
Recommendation #4: Maruti Suzuki SX4 VDi
Year: 2014 / Mileage: 60,000 km / List price: Rs. 3,92,000 / Ex-showroom price: Rs. 8,06,480
Why buy: The car has done 60,000 km and is with its first owner. It comes with a diesel engine mated to a manual gearbox. This model is one level below the top of the line model. The list price might seem to a bit on the higher side compared to the other cars here.
Recommendation #5: Maruti Suzuki ZXi AT BS-IV
Year: 2013 / Mileage: 50,000 km / List price: Rs. 3,85,200 / Ex-showroom price: Rs. 7,97,733
Why Buy: This car might be on the last spot in this list but it is the sweetest deal as well. This is the top of the line variant and also gets an automatic gearbox. It is powered by a petrol engine and the car has put on 50,000 kilometers, so it’s safe to assume that it will continue to provide service for a couple of years more. The car is silver in color. The car is with its first owner and comes with insurance copy, service logs copy and additional warranty as well.
All the cars in this list are Maruti Suzuki SX4s. The first four are fairly close to each other in terms of price, engine and mileage as well. The last option is tempting one though. The car gets much more at more or less the same price as the other four. And automatic gearbox just cocoons a solid deal for itself, especially in a city like Delhi.