Is It Sensible to Buy a Second-Hand 2017 Wagon R CNG Company Fitted for 3.5 Lakhs in 2020 from Cars24?

When considering purchasing a second-hand used car, particularly one from a reputable platform like Cars24, there are several critical factors to evaluate. This comprehensive guide will help you make an informed decision about whether to buy a 2017 Wagon R CNG company fitted for 3.5 lakhs in 2020.

Market Value

As of 2020, the market value for a 2017 Wagon R typically ranged from 3 to 5 lakhs, depending on its condition, mileage, and location. A price of 3.5 lakhs would be considered reasonable, especially for a well-maintained vehicle. It is essential to compare prices across different platforms and dealerships to ensure the best deal.

CNG Benefits

One significant advantage of a CNG vehicle is lower running costs compared to petrol or diesel vehicles. In India, where CNG prices tend to be more stable, this can be a significant financial advantage. This cost efficiency can be particularly beneficial if you plan to use the car frequently.

Depreciation

Cars typically lose about 15-20% of their value in the first year and around 10-15% in subsequent years. By 2020, a 2017 Wagon R model would have experienced a substantial portion of its depreciation. This depreciation could make the vehicle a good value purchase, especially if it is well-maintained and in good condition.

Condition and Service History

The condition and service history of the vehicle are paramount. Always check the service record and inspect the car thoroughly. A well-maintained car with a complete service record is preferable, regardless of its age. A trusted mechanic can provide an unbiased opinion on the vehicle's condition, ensuring that you are not being misled by any hidden defects or maintenance issues.

reputation of Seller

Cars24 is known for its transparent buying and selling process. They often provide warranties and perform detailed checks, which can add peace of mind to your purchase. As a reputable platform, Cars24 allows you to verify the car's history and specifications, reducing the risk of buying a faulty or misrepresented vehicle.

Insurance and Maintenance Costs

While the initial purchase price is crucial, it is also essential to consider ongoing costs such as insurance and maintenance. CNG vehicles may have specific maintenance needs that differ from petrol or diesel vehicles. It is advisable to inquire about these costs and ensure they are within your budget.

Conclusion

If the car is in good condition, has a transparent history, and the price seems reasonable, purchasing a 2017 Wagon R for 3.5 lakhs in 2020 would generally be a sensible decision. However, it is crucial to have a trusted mechanic inspect the vehicle before finalizing the purchase. Always double-check the details and ensure that the car meets your expectations.

Additional Tips:
- Check the vehicle's kilometers driven to understand its usage.
- Identify the specific model of the Wagon R, as different models can have varying attributes and features.
- Inspect the car for any dents or modifications that may affect its value or reliability.
- Utilize your trusted mechanic for a second opinion to ensure the car is in optimal condition.

Buying a used car is a significant decision, especially in India where cars are often the second-largest asset after a home. It is crucial to be thorough with your research and inspections to avoid costly mistakes. For the best results, always opt for a transparent and reputable platform like Cars24.