Value of a second hand Skoda Octavia

The new Skoda Octavia has been recently introduced in October 2013. Due to this launch, Skoda Auto India would be phasing out the current Laura over a period of time. What this also means that prices of the older Octavia in the used car market may just go down further. At present, a 2007 model of the old Octavia, available from 2001-2010, with 55,000 kms on the odo, can be purchased at about Rs. 4.50 lakhs.

As a comparison, the build quality of the older Octavia appears stronger than the current one. Space inside this vehicle is good enough for 5 adults to sit comfortably. Upholstery is mostly made of leather. A special edition of this vehicle, called Lauren& Klement (L&K) also comes with panoramic sunroof. Though the car is not great looking, Skoda has managed to keep the design simple and functional.

For a car that was priced close to Rs. 12 lakhs, it also has …

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