I recently went to inquire about the sale price of my seven year old Maruti 800. To my surprise I found that the 800 had lost nearly 30 to 40 percent of its value, post the launch of the Nano. The used car dealer said that he could not offer me more because they did not expect a market for 800’s after the launch of this tiny cheap car in Diwali. I was left baffled.
I always thought that the 800 will continue to fetch a good resale value. It never occurred to me that a tiny car could throw a spanner in my plans without even having hit the roads. I would advise that those who are looking to sell their old 800’s and Wagon R’s should do so now. Otherwise it could go for a few thousands like the Fiat Padmini’s and Premier’s of the 90’s.