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  • View Poll Results: Should I buy a new Internal Combustion Car considering the chances of their Resale Value Reducing in

    Voters
    14. You may not vote on this poll
    • Buy - There is not going to be any change in resale value

      4 28.57%
    • Don't Buy - Wait for Electric Cars, the resale value of IC Cars will go down

      3 21.43%
    • Buy only Petrol Cars

      3 21.43%
    • Buy - Even though resale value will lower, but only marginally

      4 28.57%
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    Results 11 to 20 of 25

    Thread: Is buying a new Petrol/Diesel Car going forward a Right Decision?

    1. #11
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      rksingh1's Avatar
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      There is a high possibility that IC cars won't be that popular in next decade. All automotive industry needs is an "iPhone-moment". In 2007, introduction of iPhone changed the mobile phone industry forever. Similarly, an affordable, futuristic, feature filled, masses-appealing electric car will transform automotive world to different dimension. Tesla tried - but couldn't reach to masses. Anyway, I am positive it'll happen for sure in next 4-5 years.

      Not buying a car thinking it may be obsolete in near future is not so prudent thought. No one know about it. Just go with you current requirement and buy the vehicle to fulfill your need.

    2. #12
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      IC cars should be safe atleast for the next decade IMO. Electric cars need to mature more in terms of range and also in terms of the infrastructure required for charging. Long distance driving will not be possible nor practical in a EV for some more time. But there is a shift away from owning cars itself at present.
      "Sometimes I think the surest sign that intelligent life exists elsewhere in the universe is that none of it has tried to contact us."
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      Dai!!!

    3. #13

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      Buying a Fossil Fuel powered car is the right decision in India for the moment and at least the next 10-15 years. I would say go ahead and get the vehicle of your choice and enjoy it for the next 10-15 years.

      Even though EV will rise in popularity with major manufacturers focusing on their next generation vehicles, the infrastructure will take time to catch up and fully replace petrol or diesel powered vehicles.
      2012 Cruze Eco 1.4Turbo ... Commuter Car

    4. #14
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      Quote Originally Posted by sgiitk View Post
      I definitely expect the EV to impact resale prices. As I now say, a pucca EV is the way to go. However, many of us commuting long distances (300+km) there must be either an adequate infrastructure for charging, or we have to go hybrid.
      I am worried about dead cars on narrow Indian roads after reading this.
      Why walk when you can run?

    5. #15
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      Quote Originally Posted by muztariq View Post
      I am worried about dead cars on narrow Indian roads after reading this.
      You are right, but there is no other way of removing the power train.

      It has to be EV or Hybrid. In case of the latter you need both power units with a weight (& space) penalty.
      Drive carefully, the life you save may be your own.
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    6. #16
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      Quote Originally Posted by rksingh1 View Post
      "iPhone-moment"
      I feel Tesla was that "iPhone moment" since it was the car to make EVs cool and approacheable

      but seeing how electricity is still not available everywhere and the general mindset of us Indians who want to travel long distances in shortest time, EV charging time and range will prove to be a hinderance considering we even apply these rules to phone purchases
      Right now the confusion lies in Hydrogen Fuel Cell VS EVs for future
      I feel India will be the right market for Hydrogen Fuel Cells owing to the concept of filling Hydrogen instead of fossil fuel and then the car converting Hydrogen into Electricity ie no time lost in charging etc
      Plus the petrol companies will also try for this move if manufacturers are ready

      If not and if EVs take over Hydrogen FC then fossil fuel cars will never completely die for the next 10-12 years at least
      We simply dont have the infrastructure for these things

      Also retrofit EV kits may also pop up the way CNG kits came up to make existing cars hybrids I guess
      There are already proof of concepts on this , not that Im too keen on such things
      I feel factory fit is factory fit but if we keep waiting for stuff that may or may not happen, we shall be left without a vehicle and perhaps even regret
      I bought 2 diesel cars in the last 1 year for the same reason, India is a complicated market
      Here they havent been able to eradicate age old BS I trucks and commercial vehicles, forget BS IV/ BS VI compliant fossil fuel cars

    7. #17
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      krish; why not wait for a BS-VI car in just over a year. It has been confirmed that a BS-VI car cannot be registered at BS-VI only as BS-IV.
      Last edited by sgiitk; 7th Dec 2018 at 10:00.
      Drive carefully, the life you save may be your own.
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    8. #18

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      Quote Originally Posted by sgiitk View Post
      It has been confirmed that a BS-VI car cannot be registered at BS-VI.
      What does this mean?
      Ford Figo TDCi ZXI May '12 | Hyundai Accent CRDi Nov '05 | Honda Unicorn Mar '10 | Hero Honda Passion Sept '02

    9. #19
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      Quote Originally Posted by alexshom View Post
      What does this mean?
      What I left out was that it will still be as BS-IV which may affect the resale value. So be cautious. I faced the same with my Civic. Honda was saying it is BS-IV compliant, but I had to delay registration by a month until BS-IV was officially launched. What adds to the confusion is that an overlap of two or three months is allowed.
      Drive carefully, the life you save may be your own.
      Honda Civic V AT (2010), Honda Brio V AT 2012
      Hyundai Accent GLS, 2003; Hyundai Santro AT (2005)

    10. #20
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      Looks like a situation, if one has great common sense, still he is not recognized as a person with common sense as no University offers Bachelor in Common Sense Degree Course.

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