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  1. Ashish
  2. Second Hand Cars
  3. Saturday, November 28 2020
Sir am getting a used Jeep Compass 2018 Model Limited Model in Delhi for rs 15 Lakh net price. As per owner car is still under warranty till Feb 2021 and driven just 29000 Kms with no accidents and have seen the car too - it looks clean apart from couple of small scratches.

As these days new hyundai creta diesel and kia seltos diesel starting variants cost this much money, is it advisable for Compass Diesel at 15 lakh. Pls suggest best valuation price and any negotiation tips
Admin Accepted Answer
Greetings !!

15 Lakh looks stretched out asking price for Compass

As i understand
> Warranty is getting lapsed in less than 2 months
> Car is technically 3 year Old in Delhi, means completed 30% life as against 10 year life of Diesel Cars

Also, in 2018 - On road price of car was around Rs 21 Lakh in Delhi

Now considering fact that
> 3rd Year Service is due
> Insurance renewal due for 4th year by Feb 2021 (if you transfer policy)
> Extended warranty if availed for 4th and 5th year for Limited Model
> Possibly Battery replacement as most of the owners reported limited average battery life
> Some other minor repairs & work

This will cost in around Rs 1 Lakh to 1.25 Lakh as expenditure
To view even if in best of condition - not more than 13 Lakh.

Now if seller asking for 15 Lakh - it would be futile to start at Rs 12.5 Lakh and negotiate in for 13 Lakh
You may share this post with tentative costing - 13 Lakh is maximum price as can be quoted.
Do note that tyres too are at 50% of life and will entail in cost in another 2 to 3 years at best

For Negotiation and other important info on Used car, pls refer - Used Car Guide

Hope should help !!

  1. more than a month ago
  2. Second Hand Cars
  3. # 1
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