My New Honda City ZX GXi

Today I got my new car delivered - a "New Warm Silver" colour

I have been planning for a new car to replace my Opel Corsa 1.4 GLS, for last 12 months after its warranty (1 year base and 2 years extended warranty) expired, but the interia of acting on it was too much for me to do anything. Personally I am not a Car "Lover" - car is more a utility to commute that's about it for me.

Another reason for the wait was that my Opel Corsa was doing well. I had no complaints about the car, was extremely easy to drive and park in City conditions, size was compact and absolutely no problems. The only minus was mileage, which in the four years I owned, I could never cross more than 7Kms per litre. For strange reasons, GM discontinued the car in India a year or so back and started pushing their "Chevy" brand of cars instead. This meant spares for Corsa became sparse (or atleast thats what the market was talking) and the value for re-sale of the car diminished significantly. After taking a price quote from two used car dealers in Chennai including Sundaram Motors and Manipal, I sold to a relative of a friend. Even then I could manage to get less than 1/4 (one-fourth) of what I paid for the car exactly 4 years back - lower than the allowed income tax depreciation :-(. If there is a moral to this story - then don't think of Cars as investments anymore in India, second buy the popular moving brands and not a niche vehicle if you plan to resell it in few years.

My New Honda City ZX GXi