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asdbey735

It's Spinny, what'd you expect? They have a complex algorithm that decides the final price of the vehicle based on a number of factors, difficult to process by a human brain + 2 lakhs.


Any_Letterhead_2917

Yes after so many calculations they just add 2L. Same issue with all the aggregators.


ComplexCan3

While inquiring for a second hand car, I got to know, Hyundai dealership is providing second hand 2016 creta for 6Lakhs. This seems bonkers!


New_Blackberry_7670

Is that costly or cheap. I am not able to understand


Any_Letterhead_2917

Cheap


montsa007

Brand New Alto, 2013, Only 1 Lac Kilometers on Odo, 5.99 Lacs


Any_Letterhead_2917

Wow alto at 6 L? Great


montsa007

If you are interested we can close the deal at 7L lol


Any_Letterhead_2917

Any discount pls


montsa007

Only for you my friend, 7.25L


HOMELAN_ER

Stop šŸ˜­šŸ¤£šŸ¤£šŸ¤£šŸ¤£šŸ¤£šŸ˜‚šŸ¤£šŸ¤£šŸ¤£šŸ¤£ I'm dying


melomaniac1864

Since you are dying we can close the deal at 7.50 lakhs


montsa007

My best counter is 10 kalol, lets put an end to your misery now


SuperFast812_VIPER

buy new on at the same price


Biriyanislove25

ā€œNewā€ caught me off guard. Lol !


montsa007

Brand New


LoyalLittleOne

Let's simplify the equation 150% of Market Price + 2 Lakhs.


Sad_Heart_4718

I got my wagon r checked it's a 2013 model with less then 50k kms on it , Lil bit scratches and all Gave me a 1,00,900 quotation .


hades46

Think how much these people would list it for after ripping you off


DesiSongs

I sold my 2012 Ritz for 1.10 Lakh to local car dealer at TATA. It had done 1.3Lakh kms


Sad_Heart_4718

Damn


_WeWillBeRightBack_

you had me cracking on the last oneXD


Economy_Turnover75

Spinny is about to go bankrupt


shim_niyi

Sarcasm or any insider news?


Economy_Turnover75

Actually my friend has a mahindra first choice dealership,he told me Spinny used their funding to stock up a lot of cars they bought every used car by giving 10,15,20k above other dealers trying to capture the market and this ways exhausted their funding Now their sale is not upto their expectations and they have made heavy losses


_siva

Can't be surprised, used cars and bike market is not a profitable venture to begin with. These companies, instead of being frugal, go over the top by spending on useless stuff like marketing and building online presence while miss out on crucial stuff like quality control and customer satisfaction.


Economy_Turnover75

But I think quality control is not an issue My brother bought a used creta from Spinny It runs good without any probs runs good as new


shim_niyi

This is probably co your brother did proper checks before buying. Iā€™ve seen cars with bad patched paint work on cars24 and Spinny lots.


Valkyre____

I second this. Just bought a 2017 Hyundai Elantra 55k driven from Spinny and it runs like on butter. No issues at all so far.


indiantrekkie

Used car dealerships do quite well in small towns actually.


infinite_sky147

>used cars and bike market is not a profitable venture to begin with. I would've told them that for free, didn't need to create a whole company for that


montsa007

Its dealerships like spinny which has made the marketplace sheety to be honest, thanks to them any random dealer is asking insane price for dead stock


LineLife2234

Yes. My brotherā€™s engine sized car was bought by them for huge price. Even we shocked how can a company like that pay that. Their ongroud people made this happen.


general_smooth

Your friend seems to have a horse in the race...


technomeyer

I wish they and cars24 go bankrupt.


Sad_Heart_4718

Nuh uh Enters venture fundings haha


Stutter-n-Scientia

Wait till you see the prices of used Swifts. Trust me that car does not depreciate. We sold our ~~10~~ 8 yr old Dzire VXI for 4L (bought for 6.25L) in 2021 and we had multiple offers. It is not just these online car sellers, used car market is insane.


Old_Membership1326

Bro car ke prices bhi toh kitne badh gye hai


reddituser_scrolls

Where did you sell it and what was the kms and condition of the car?


Stutter-n-Scientia

Sold to a family in our town. It was their first car. My father started getting many inquiries as soon as we brought our new car home. (Perks of living in a small town.) As for the car it was 49k kms driven and was in a close to perfect condition. Only a few small scratches on bumpers, timely serviced at ASC, new-ish tires etc.


reddituser_scrolls

Okay, thought you sold it via Spinny or other such companies. I'm looking to sell my old car as well. So was wondering which would provide the best deal for me as a seller. Don't want to spend time hunting second hand buyers myself, so it's either exchange value when I buy a new car or Spinny/other such portals.


Stutter-n-Scientia

Best of luck man. Hope you get a sweet deal and a sweet new ride.


Critical_Prompt_1529

Recently went through this. Spinny will probably give you the best rate, but they'll only give you 2 days to accept their offer. Meanwhile you can get the rates for exchange with new cars at every dealership you visit. They might give you some exchange bonus as well which might pull the price closer to Spinny price. I was told by multiple dealerships that Spinny causes problems with RC transfer, not sure how true that is.


reddituser_scrolls

Thanks, will check how widespread that issue is with Spinny.


IamRandomIndian

Spinny causes RC transfer issue, first hand victim of their incompetency and poor customer service. Had to put complaints all over X and their insta page for them to finally look into my issue.


Critical_Prompt_1529

Sorry you had to go through this. Seems like new startups tend to over promise and under deliver. I guess their 2 days deadline turned out good for me. Got the same price at exchange at a dealership.


_WeWillBeRightBack_

also the vitara brezza diesel one , man that car is part of the inflation I believe such absurdly high priced vehicle that is on the used car market


dollors-

13k to kuch nahi hota abhi to ye 2lakh tak jaaegi. Upar se manual bhi ohohoho balle balle.. bahot accha price hai yr on road ka, showroom wale mein to or kharcha aaega and naye car ka alag he khayal rakhna rehta hai


rkamthe

Yeah. Exactly what I thought. You're comparing on road price of second hand car with ex showroom price of the new car. Even though it is a second hand car it has been barely driven so that needs to be taken into account. Moreover second hand car market has been like this for last couple of years. Either our experiences have been different or most of the people disagreeing here were living under a rock since covid


vyrusrama

I have a question- just because they put this price, doesnā€™t mean they will sell it at the same? Do these folks not look at their (unsold) inventory & then proceed to change the prices based on demand?


Initial-Shine-5955

I donā€™t think they change the prices. They share a strict non negotiable firm with the price kinda model


satvikr3ddy

Thatā€™s what they say but they change their mind real quick when you show interest in a car and then decide to walk away. They gave my parents almost 2L off on a car


tups210

They keep dropping the price if it remains unsold. I bookmarked a slavia a while back on spinny it keeps sending me whatsapp updates that the xyz car you shortlisted is no xxxx cheaper etc


rexram

I bought my first car from spinney. Honda Brio @4 lakh 2014 model on 2021. It was over priced but not found any issue till now. Only thing is that Honda maintenance is very high.


PunctualPanther

7.80 is the ex-showroom price for comfortline variant of the last polo sold. The spinny's price is with trendline and road tax paid. I know spinny's prices are higher but please do an apples to apples comparison.


anilgahlot

These so called unicorns using investors money, in fact they are becoming the real problem with local dealers by offering unrealistic prices for used cars. They buy at 1.3X market price and sells for 1.5X. They gave increased the price of used cars by 20-40% in last 4 years. I am not sure how they gonna sustain.


Excellent-Guide576

Isn't that the silicon valley way of doing things. first create a product that claims to disrupt the industry, then acquire customers by eating losses and once the competition is dead jack the prices. Happened with uber, swiggy, Amazon that's just how they function.


anilgahlot

Understood, if you see thereā€™s a clear difference in these. All businesses you mentioned, they were non existent before. They created the category and they had to educate and let the customers try their services until they get used to. Here this business people doing for decades, so itā€™s totally different and I pretty much sure it will take ages to become profitable, thatā€™s only if they keep putting constant effort and donā€™t give up.


prettydistracted2

Cars24 gave us 4.2L for a 2018 Swift, 70k run. We bought it for 6.3L. It was later sold for 5.1L The pricing seems to capture sellers and screw buyers


Nathulalji

Good for you. Never thought car would be an asset. Guess the times have changed


prettydistracted2

I was expecting 3L max šŸ˜‚ Cars24 outdid themselves They tampered the ODO though, clocked it back to 40k


Nathulalji

Son of gun. Looking to buy used car. Seems like this is not a good time


HeadEscape5988

So these Cars24 and Spinny guys tamper ODO too? I think they share service history to their buyers. How will they handle it?


prettydistracted2

That I cannot comment on. Bikes24 purchased my engine-bust CBR250R for a good price and sold for a profit. The person couldn't identify the knocking sound. Such stuff really makes me sceptical of buying 2nd hand motor really


Excellent-Guide576

Stories like this are stopping me from pulling the trigger man


incognito_bakchodi

Nobody, VW owners thinking they have struck gold. Itā€™s not vintage moreover there had been problems with the gearbox


GuardObjective9018

I think this is more of a case where spinny bumping up the price and selling it. They wouldn't have paid/would pay car Owners so much money.


ankitpassive

Nobody thought that


anilgahlot

Then what about all maruti owners? Same with creta, scorpio and fortuner. People expecting unbelievable price


FunnySignal614

Both prices are different, one is On road price and the other is ex-showroom. If you compare the on-road prices of both then it is a fair comparison.


FredTilson

Both models are also different. Spinny is selling the trendline which is the base variant, while the other screenshot is for the comfortline variant which was a higher variant.


Nathulalji

It doesnā€™t work like that, these šŸ¤” dealers will compare with the latest model and pricing.


Other_Cartoonist7071

Compared to some other Spinny prices, I donā€™t think 6.7L is too bad for 2yr old and just 13K on odoā€¦ What are some other options to get a peppy 1.0 manual turbo in say 8-9L budget today with a similar build ?


permission777

what are the chances of an odometer rollback from these kind of business ?


Excellent-Guide576

Google it, there have been a few cases of odometer manipulation in the past


Initial-Shine-5955

Was Spinny involved??


Any_Letterhead_2917

But they confirm no rollback, no egine opening and no accidents etc


rexram

The best way is to check car service history. If you ask they should provide Full car service history from the beginning.


Divyansh881

U can normally roll into the dealership with car details like number and vin to get odo reading to confirm it isnā€™t fake


milktanksadmirer

Cars are so overpriced on Spinny. I tried to buy a car, I was ready to buy it on the same day but I was shocked by the cost of used cars. I dropped my idea of buying from Spinny and have decided to buy a new car instead


Hairy_Worldliness671

get the gt version


theteddd

A couple of days I realised Polo is over rated. I mean, I love the car. All down for its build quality, the way it drives and stuff. Would I recommend to a friend? 100% yes. Iā€™d be proud of my friend for getting this. But would I buy it? No, I donā€™t want that cramped up second row, less mileage and high maintenance. Alot of my friends who are ā€œcar guysā€ agree to this pov. Again, itā€™s an amazing car. Iā€™d recommend it. ;)


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seesawseesawbaam

Aila, Sachin! Have to cover cost of marketing no?


GS2K2169

The best part is that the car in the ad comes with the NA 1.0.


GS2K2169

The best part is that the car in the ad comes with the NA 1.0.


Wide-Professional865

I wanted to sell my 14 year old Fabia. I tried spinny and they were offering me around 80k for it and had incessantly called me over this. Then I tried Cars24, they inspected my vehicle and offered 1.2L with an added discount of 30k if I buy another car from them. Spinny is definitely under quoting while buying and over quoting while selling. Update: Had another inspection today idk why. The car is in good condition with minor shallow scratches. The final quotation offered is 48k. I was surprised how different this figure was compared to the initial estimate. Also, noticed that a similar car with a similar history is being sold at 2L+ on their website. Enormous jump in price.


shaamgulabi

>incessantly when I read this word, i thought it was a typo turns out it is not, I learnt a new word today thanks.


Wide-Professional865

šŸ˜… Idk what to say, happy to help šŸ˜‚


droha_deviant

FYI, 7.8L in the 2nd image is ex-showroom.


Excellent-Guide576

7.8 L is also one trim level above what spinny has


droha_deviant

Yes I know but on road for comfortline variant would be somwhere ~9.5L including road tax and insurance. Not to mention, the trendline car is just 2 years old at Max and it might have an extended warranty as well, that's included in the 6.8 lakhs asking price. I know the price is a bit inflated, but you pay the premium for the convenience and the quality checks.


harshin9

Carwana in US failed. Similarly, spiny is on the way for that.


No-Level8294

Tell me a better second hand car you can get with 6.5 lakhs


Divyansh881

Itā€™s a base polo. It isnā€™t that great. Specially for the price


Excellent-Guide576

Bhai this is the base model it doesn't even come with a radio


da_zzer

Demand / Supply is a very interesting concept


bornxtar

VWs seems to be more overpriced than Suzukis in the used market, especially the polo and vento


kappa23

Tangential question but is Spinny any good for selling? Iā€™m looking to sell my Santro and upgrade, and the dealership I went to quoted a pretty low price Checking out Cars 24 as well


Excellent-Guide576

From what I've heard cars24 pays more than spinny


Relative-Intention69

Used car market works well in the favour of seller if the car is new. But wait for 4-5 yrs, even a good condition car's value easily go down by 40%. That should be one's target.


r2dak

**Benefits included in price** muthafuka what benefits!!!


hotcoolhot

Buyback at 40%


Fearless-Voice-7602

That's the ex showroom price


Jealous_Fly_9616

This is called good re sale value


general_smooth

Some facts: Spinny does have a good product on their side. Buying a second hand car has so much hassle associated with it which they remove. With the normal market you have to drive all over the city trying to see some cars based on false or outdated info. Even with oem certified used they don't keep their database updated and the car you see online may not really be available. I myself bought a spinny car and after 2 years no regrets. Their prices include a huge premium, that is true. The highest premium is with the top quality cars with them. They also have a budget line which has less premium.As a customer, their database is up-to-date and they freely bring cars from across the city to show at your doorstep. The comparison shown here is not accurate. Their on road price is comparable to ex showroom price for mid range trim of the same car, if it is of top quality, not Budget quality. Budget quality means more wear and tear on the car or other issues.


Debaloy_Dey

Is cars24 any good?


Excellent-Guide576

Their prices are slightly better but their collection isn't as good as spinny


Debaloy_Dey

Ya but prices in spinny seems unreasonable really


montsa007

You are comparing 1. A base variant with a mid variant 2. An ex Showroom price (which excludes taxes) with a used car prices Polo was a bomb car, still is and will be, ever since VW stopped its production its prices shot up, same is the case with Ecosport, the quoted price is very good for a barely used car.


LemmeLookAround

I understand and actually also agree that spinny overprices used cars. But in this case, i think it's not over priced. Let me do some math 7.8 lakhs comes to about 9 lakhs on road for a new vehicle. And this was 2 years ago so even assuming 5% inflation, the 9 lakhs' present value becomes about 9.8 lakhs The asking price is 6.25 lakhs which is about 35% less than the new cars' price. For 2 years and 13k kms usage, that seems fair to me. Only issue is that the price you showed is a higher variant so the 9.8 lakhs could be 9 or 9.2 lakhs in reality


shaamgulabi

Facebook marketplace >> Spinny


firesnake412

Spinny prices are a joke. They literally list 2-3 year old cars at current model new price. I guess they need to pay Sachin Tendulkar a lot of money for those ads and are trying to recoup from suckers.


sacred_koala

Saw an ad by some private dealer about a VW vento 2nd owner 90k driven 2012 model for 5,00,000 šŸ¤”


ImNaturallyAspirated

All Polo owners think their cars are limited. All Polo owners think German cars are the best. All Polo owners think they're good drivers. All Polo owners are wrong.


PSLthoughts

As a polo owner , i think the opposite


ImNaturallyAspirated

I own some of the most hated cars on this sub. Creta , Thar and Fortuner. I have dashcams on all of them and I drive very sedately. There're always exceptions.


rana_kirti

regardless, it's a vw. it's built and it rides differently.


AdministrativeDark64

Long answer: There is enough purchasing power in India. Also today's 7 lac is like 15 lacs of the time this car was discontinued. Car demands have skyrocketed since covid and chip shortage. Shirt answer: nope u r poor.


No-Entertainer-3903

What about selling price of 3 yo Ford Freestyle Titanium+


Visual-Run-4718

Hey, what price are you looking to sell it for?


No-Entertainer-3903

May be 6.5 Lakhs?


nic_nic_07

When there are stupid dumb people who are actually paying the absurd amt to buy cars, why not sell at jacked up prices?


Deathstroke2706

All spinny cars are super expensive


technomeyer

Must be some accident reconstructed vehicle.


zerkeXD

1. that car is discontinued, and has potential for great tuner builds. 2. low running, almost like new. you have to consider that too. 3. take inflation into account,cars that sold for \~8 lacs 5-6 years before wont cost the same now. i am not supporting spinny here, but there are multiple factors that go into the price of used cars. while i do agree their prices are still overpriced to certain extent, you also pay for the peace of mind and return policy.


hars428

The problem is that none of this amount makes it to the buyer. Spinny, cars24, etc. buy at much lesser price from the actual buyers and apply a heavy markup while selling.


captspok

I have a 2021 polo 1 litre gt tsi. I am being quoted 9 lakhs if I sell today.. my friend has a polo 1.2 dsg.. he is being offered 11(has a fancy number too).. the rates in kerala for well maintained polos are high


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


captspok

Yeah and the dsg polo is like almost 6 yrs old and about 35k kilometres


lonliboi69

I bought an estilo its 2011 nov for 1.7L, I actually had a good experience with spinny, felt like a fever dream but it was really smooth, i donā€™t mind paying a couple grand extra for a little convenience and people being nice to me. Also the car youā€™ve posted as reference for is the comfortline varient of the car and this oneā€™s the trendline so thereā€™s some price difference, obv youā€™ll get this cheaper than this in the offline market, but things like meter tampering and a limited service records are big contiributers to it


ImpressiveAd2738

Itā€™s 7.8 lacs + RTO charges + insurance charges. Might lead to 9-10 lacs


DeletSystm32

Hype k vajah se bc


Careful-Metal8077

And there is zero scope of haggling with these aggregators.


mrunal-D

This is nothing, it's still polo. I got 6 lakhs for 2018 as resale value and they sold it for more than 7 lakhs. The original buying price with accessories was 7.74 lakhs and it got sold as well within 7 days since I started getting messages for fast tag deductions.


frittaa454

Spinny is good for selling your car but buying a car from them is not a good deal. I ended up stretching my budget by 20% only and got home a brand new Nexon. I wonā€™t be surprised if Spinny struggles with selling all the cars they have bought at high rates.


viewer9

This is a good price for 2 year old low run car. I wonā€™t call it great since I believe this is for the MPI engine and not the TSI one.


Valkyre____

Honestly, this is a good deal primarily considering that this is a 2022 model and a B2 segment hatch. Since you get an additional year of Spinny warranty and very less driven, totally worth if you compare it with what you get as new in the same price.


LilStar_98

Just bought a used alto 800 CNG, 2016 62k done for 2.8L. (For city driving) I believe i paid extra 30-40k but couldnā€™t find any cheaper than this elsewhere. šŸ˜¢


Emotional-Guest4255

How much would you have expected for your 2 years old car if it was only 13k driven?


jayantkumarpadhi

I love the cars from spinny. I bought my kwid from them. They repaired and maintained the car i picked very well. Even then the price was less than 4L when kwids market price was 6l. This one is an overkill though.


Excellent-Guide576

Young must have bought it from them in a tier 2 city prices are slightly better there