Rs 10 lakh funds: Automotive for a younger skilled & his mother and father

To this point we have owned solely used autos (Nano, SX4, Corolla). This will probably be our 1st new automobile that may exchange our present journey – a pre-owned Toyota Etios Liva.

BHPian chaksjr lately shared this with different lovers.


New automobile inside 10L OTR (Hosur, TN); month-to-month drive of minimal 1000kms, 95% solo. Involving a every day work commute of 38kms with 28kms of it on the freeway. Automotive will probably be financed by means of a financial institution mortgage, therefore, will probably be retained no less than for the following 6-7 years.


I’m a 26-year-old product engineering rookie who has spent all his life in Delhi till October 2021 (and 4 years in Shivamogga for faculty), and has now moved to Hosur with a piece commute to Attibele. Now we have owned solely used automobiles to this point and this will probably be our first new automobile.

We are going to undertake about 2-3 highway journeys every year, largely to Coimbatore and different locations in TN. I plan to take my automobile on journeys with buddies to any of the 4 Southern states and Goa a number of instances a 12 months (if a Goa plan is ever made to not be cancelled). Yearly working can due to this fact be anticipated to be ~15k km.

What would you like from the automobile?

I’m nonetheless on the early phases of my profession therefore I’d need one thing which can provide me peace-of-mind possession together with a good gasoline financial system. Driving enjoyable shouldn’t be excessive on the checklist, I’ll reserve that standards for once I can actually afford an fanatic’s automobile. Security is of excessive significance as a consequence of a serious a part of my every day driving being on the freeway. This doesn’t imply that it needs to be a 5-star rated GNCAP automobile, however ought to have a good set of lively & passive security options.

I’m an enthusiastic driver and have an endless love for all issues automotive. Although with this being my first buy, I’m making an attempt to be acutely aware sufficient to let the pinnacle make the choice somewhat than the center.

Auto or guide?

Handbook will probably be manageable as a consequence of negligible bumper-to-bumper site visitors runs. AMTs are an apparent choice however can solely decide if I can stay with them after check drives. Price range stretches can get me a Honda/Renault/Nissan CVT, might want to focus on with the pinnacle of the family. AMTs and CVTs appear to be as dependable as manuals, therefore, open to all.

Buy timeline and check drives

The acquisition (I imply the reserving) continues to be a number of months away, not earlier than the beginning of FY22-23. I’ve not test-driven any automobile but and solely intend to take action when I’m really able to guide one.

I’ll clearly be taking my mother and father for every TD and getting their opinions on consolation primarily since they’re each on the wiser aspect of 65. Their suggestions and likings will play a serious function within the selection however I’d nonetheless like to take opinions from the discussion board within the meantime.

For the reason that buy is a number of months away, any launches within the subsequent few months becoming into my necessities and funds will probably be on the checklist as nicely, and would love the discussion board to enlighten me on the identical.

What have you ever owned/personal at present?

As talked about earlier, we now have solely owned pre-owned automobiles to this point, detailing them out beneath:

Tata Nano LX (Aug 2012 – Dec 2016)

This was a loaner from dad’s workplace and our first-ever automobile. Was pushed over 35k kms when it was with us, although largely by a driver since dad could not drive and I was away at school. The farthest we took it was onto a Dehradun-Rishikesh journey from Delhi throughout monsoons.

The Nano at dwelling within the WAC, Subroto Park

MS Sx4 VXi (Nov 2016 – Feb 2018)

Was the primary automobile we really ‘purchased’. Had no concept about used automobile costs on the time and bought at a really excessive value of two.6L. This was a 2008 automobile that was at 92k kms on the odo at the moment. Drove it for about 12k kms earlier than promoting it off as a result of it had began to turn out to be a cash pit.

The beige boy in rural Gurugram

Toyota Corolla H2 E (Feb 2018 – Sept 2019)

My buddy had established his pre-owned automobile enterprise by now and I obtained the Sx4 bought by means of him and acquired the Corolla. I had pushed his 2008 Corolla so much by now and I used to be in love with the consolation and greater than the first rate efficiency of the 1.8L. Contemplating that it might be a dependable automobile, bought this and made the error of putting in a CNG equipment into it. The automobile was at 78k kms once I obtained it, drove it for about 25k extra earlier than promoting it off. I’d have eliminated the CNG equipment and saved it if the RC could possibly be renewed. Additionally spray-painted the alloys matt black over a chilly Saturday together with a few my buddies late in 2018.

The ever-reliable T within the fields of Haryana close to Asaoti

Toyota Etios Liva VX (P) (Sept 2019 – until date)

Offered the Corolla by means of my buddy once more and acquired the Liva from him. If I could also be allowed to, his enterprise known as Fidomotus. The Liva was at 72k kms once I purchased it and the odo is presently a shade over 95k kms. This might have been a lot larger if not for the Covid lockdowns and WFH periods. Apart from a number of new components within the clutch meeting and the entrance shocks, haven’t spent any cash on the automobile barring the standard upkeep. It’s at present affected by a clunky entrance left suspension (I’m suspecting a worn-out management arm bush) and a music system that appears to be getting quieter as time goes by. The spray paint remedy has been given to the Liva as nicely (though gloss black) only a few days earlier than the 2nd Covid wave hit us.

The Liva at dwelling in Hosur on Diwali evening, 2021

Have you ever finished any analysis but?

Sure, sure, I’ve. Publish transferring to Hosur I’ve spent a good period of time going by means of carwale, getting a number of quotes from sellers, shopping YouTube movies and naturally this beloved discussion board. I created an excel for no matter data I may discover.

The costs talked about in my spreadsheet are a bit of outdated and straight from carwale, so don’t quote me on them. I categorized the EMIs into zones foundation monetary consolation, fairly self-explanatory. The 2L down fee is an approximate assuming that’s what I will get once I promote the Liva. The precise sale price will decide the precise down fee. A 6-year EMI is for positive (my financial institution is keen to supply a max of 6), the speed of curiosity is an assumption for now at 9%. Can go down and hopefully not up.

The above footage present what kind of options I’m needing within the automobile (in no specific order). Whereas all should not an absolute need-to-have, it might be good to include as many as potential.

I initially thought of solely petrols earlier than realizing I’m not within the NCR anymore & that my every day freeway runs ought to preserve me protected from frequent DPF tantrums. So I’m open to diesels as nicely. I did a fast calculation taking the Altroz (XZ+) for example, and with a 1000kms run in a month, I will cowl up the EMI distinction with financial savings in gasoline price. The beneath desk is assuming an FE of 15 for the Petrol and 19 for the Diesel at present gasoline costs.

I feel my funds and necessities have a Maruti written throughout them, however I’ve a reasonably cautious opinion of the model (partly as a consequence of my expertise with the Sx4 and the protection quotient). Although the upcoming Baleno facelift has my consideration, will no less than TD submit its launch.

Between a mean top hatch and one on steroids, I stand very open to each, though it by no means harms to have extra floor clearance on our roads.

From studying by means of this discussion board and viewing movies on-line, I’ve discovered the beneath points with a few of my selections.

  • Kiger – the mud ingress and exit from the tail mild and decrease fog lights. Although I imagine Renault is now providing an answer for current clients and have hopefully added the identical from the manufacturing facility for brand new dispatches.
  • Magnite – some house owners have reported rattles very early on of their possession experiences.
  • Altroz – vibration from the engine bay, the answer already obtainable right here on the discussion board. On the flip-side, Prasanna’s possession thread makes me need to simply get one!
  • Amaze – widespread complaints with respect to the engine mounts (solely restricted to the Diesel although, I feel).
  • Tiago & Tigor – gasoline pump failure if pushed regularly on lower than half a tank of petrol.

Couldn’t discover something particular on the Hyundais and the Nexon.

My present dislikes/likes of any of the choices are restricted to the options checklist, and can solely actually solidify as soon as I’ve check pushed every of them.

With this stuff in thoughts, trying ahead to strategies and opinions from the discussion board. If I’ve missed out on any choices please do let me know.

This is what BHPian asit.kulkarni93 needed to say in regards to the matter:

Contemplate the Jazz V CVT for ease of driving and luxury. If you’ll find a Speedy rider plus or Polo TSi, do think about them. If you’re eager on a diesel then the Altroz or Amaze I-Dtec are first rate choices. Please search sufficient, you will discover some stunning issues on Hyundais.

This is what BHPian GrandTourer needed to say in regards to the matter:

To begin with, nice selection in automobiles up to now. SX4, Corolla & Liva are all wonderful automobiles to drive (with out the CNG equipment after all. However hey! we make errors and we study.)

I obtained actually excited studying your submit as this will probably be your first new automobile, so congratulations on that.

Jazz & Polo will probably be each nice selections. Nonetheless, as an current proprietor of a Polo, I would advise you towards it solely due to the cramped ‘fit-for-a-child-only’ rear seat. Because you talked about that your mother and father will probably be touring with you as nicely, this can play a serious spoilsport in your lengthy drives. Jazz then again has oodles of area, a snug journey and fuss-free possession due to Honda’s Anytime Guarantee. With a light-weight foot and largely freeway driving, you will get first rate mileage out of it as nicely.

Additionally, begin taking TDs now, so you could have a good suggestion about which of them you do not like and which of them to take a number of TDs of, by the point you are able to put down the cash. And request for longer ones & in several driving circumstances to get a greater sense of the automobile.

Do replace us on which manner you resolve ultimately.

This is what BHPian AYP needed to say in regards to the matter:

Amongst your checklist, I would go for the Nexon however within the XMS guise. XMS not for the sunroof however the steering mounted controls that are an essential security function. Although you will get them put in aftermarket as nicely, the precise OEM sort.

Since you’re open to diesels as nicely, do think about the i20 Sportz. It has a greater diesel engine as in comparison with the Altroz. The Altroz does have a 5-star GNCAP benefit although. For those who do not want a sedan type issue, I will choose the i20 Sportz any day over the Amaze S diesel.

This is what BHPian Kosfactor needed to say in regards to the matter:

Your utilization maybe doesn’t require a crossover SUV, expansive highways of TN are a blessing.

Contemplating that is the primary new automobile and you have had sedans earlier than, think about a sedan as soon as once more. Try the bottom variant Verna & Ciaz, you do get an enormous automobile for the cash and the engines are very clean whereas the interiors are well-appointed.

Additionally don’t ignore the model that you have already got – Toyota, try the City Cruiser.

Try BHPian feedback for extra insights and data.

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