Your budget will get you a barebones new hatchback but you want more. It’ll be your first set of wheels after all. But the car can’t be bigger given the traffic congestion in Bangalore. This is not too much of an ask. A used premium hatchback can fulfill all your requirements and there are plenty on offer. In fact, so many that choosing the best one using conventional tools is almost impossible. A search on any popular used car portal will throw up hundreds of options. After spending hours scrolling through them, you will be left as confused about your ideal choice as you were when you started. But there is a way out now. The CarToq TRUE PRICE chooses the best deals for you. How? Using a Machine Learning model developed by the CarToq Data Science team. The tool estimates the TRUE PRICE of a used car after taking into consideration all relevant factors, such as the vehicle brand, model, age, mileage and type.
After considering all these factors, the tool predicts the TRUE PRICE, which becomes the basis of comparison across cars of different make and even variants of the same model. The bang-for-your-buck deals are those where the listed price is lower than the TRUE PRICE.
The shortlisted cars were chosen on the basis of an analysis we did on June 14, 2019. Some of the cars may no longer be available if you are reading this later.
But the list provides some useful pointers even if these specific cars are no longer available.
1) There are plenty of good deals to be had among Ford and Hyundai models.
2) Ford cars are more robust compared with the Hyundai cars but Hyundai cars are more feature rich.
Without wasting any time, let’s dive into your top choices:
Recommendation #1: Hyundai i20 Sportz 1.4 CRDi
Year: 2013 / Mileage: 60,211 km / List price: Rs 3,30,000 / Ex Showroom Price: Rs 791,000
Why buy: The i20 is known for its style and smooth driving experience. This diesel car comes in classy white and is still with its first owner. Included in the deal is RC, insurance and service logs copy and additional warranty.
Recommendation #2: Ford Figo DURATEC TITANIUM 1.2
Year: 2014 / Mileage: 22,000 km / List price: Rs 2,84,200 / Ex Showroom Price: Rs 546,000
Why buy: Ford cars are robust and reliable. And this one is only five years and 22,000 km old. The car is black and powered by a petrol engine. Currently with its third owner, this option will come with a RC copy.
Recommendation #3: Ford Figo 1.4 TDCI Titanium
Year: 2012 / Mileage: 79,000 km / Selling price: Rs 3,43,000 / Ex Showroom Price: Rs 7,68,000
Why buy: The Ford Figo is a trendy premium hatchback. This car looks attractive in red. The car has been with its first owner car and comes with additional warranty. The fuel type is diesel.
Recommendation #4: Ford Figo Ambiente Diesel
Year: 2012 / Mileage: 95,00 km / List price: Rs 2,30,000 / Ex Showroom Price: Rs 5,52,000
Why buy: The third consecutive Figo on the list also runs on diesel. This is the lowest price offering on this list. The car is known for roomy interiors and tough body. The grey premium hatchback comes with comprehensive insurance.
Recommendation #5: Ford Figo ZXI DURATEC 1.2 2011
Year: 2011 / Mileage: 58,000 km / List price: Rs 2,25,000 / Ex Showroom Price: Rs 5,05,000
Why buy: We end our recommendations with a second petrol Figo. The white car is currently with its second owner in Bangalore and comes with the original RC copy. It has been sparingly run over eight years.
The list presents a choice of cars of which three have been sparingly used and can run on for years while the other two have notched up bigger numbers on the odometer but offer other advantages. Choose the car that best fits your usage.