Have u asked SA how much you can trade in your 2 years car?
If you borrowed maximum amount last time, then you still need to pay bank the difference right. Plus the 10% for the new car,that is a lot
Keep the Forte lah since you are still happy with it.

Changing cars every 2 years? Why bother wasting money like this? Its either ure really very rich or just not financially prudent. Focus on property. Cars are always a losing commodity.

you're right my friends
But I couldn't stand if elantra 1.8 is around 100k

so u wanna sell off your current ride?have u checked the value of forte now?2nd hand value of korean sucks bro

Suck your own eggs bro. Have you even bothered to check? Don't simply talk with your other mouth.

already checked bro, my boss wanna sell his forte bought last year 80k..now when he wanna sell,can get 60k only..

sorry my friend to say that's a mindset of malaysian
now our worlds is changing, korean car has improve a lot. even elantra was the 2nd world's top selling car 2011
you can check at mudah.my or other site to get the 2nd hand value of forte, but not many myb there's a good car
actually I have 2 interested buyer willing buy my car around 66k. I need to pay 61k++ to settlement the car at bank
so I can say its not sucks anymore

Forte 2nd hand value sucks because its sales is bad…we can expect the same thing if Elantra sales is bad also.

ask your boss to advertise the car on net. There's a lot people out there looking for the car...
even at end of the last year if I wanna to trade-in my car with sonata, they willing to pay 65k

lol...of coz can get higher if sell to direct owner... try go ask those 2nd car dealer what is the price for forte now...and if sell direct..tonne of paper works need to do... lol...

IMHO, used car dealer tends to push down the price of your car regardless of it is Japanese or Korean. One must understand that they are taking a risk of not being able to sell the car and the value will depreciate the longer they hold their stock. Therefore the hot model tends to fetch higher price coz the stock turnover time is shorter and therefore the risk is lower. No doubt , selling to direct buyer involves more hassles but the money save is yours in the end. There is also the risk of many con job nowadays that we read on newspaper which might deter seller from dealing with direct buyer.

selling off a 1 year old car would bring u roughly the same returns as a 2 year old car. what did he expect?

Agreed. The moment the car is out on the road, the value depreciates by 20% regardless of make/model.
Even my mate driving a 400K BMW knows that (so he advised me to buy a house instead!!)

Below are a bunch of links to a 2010 car, averaging at 115K. New car is 131K on the road without discount.

131K - 115K = 16K

16K/131K x 100% = 12% depreciation over 2 years. That's 6% a year.

What I do not understand is what's so special with the Honda Civic 2.0? Is the car SO DESIRABLE?

http://www.mudah.my/Honda+Civic+2+0+I+VTEC+A-13161172.htm

http://www.mudah.my/Honda+Civic+2+0A+NEW+f...10-13111583.htm

http://www.mudah.my/Honda+Civic+2+0+Facelift-12710027.htm

http://www.mudah.my/Honda+Civic+2+0A+NEW+f...10-13111608.htm

http://www.mudah.my/Honda+Civic+2+0+IVTEC+...10-13096981.htm

http://www.mudah.my/Honda+Civic+2+0+S+i+VT...FT-13079278.htm

http://www.mudah.my/Honda+Civic+I+Vtec+2+0-13031080.htm

http://www.mudah.my/Honda+Civic+2+0+IVTEC-13030707.htm

The rest of the search can be found here.

http://www.mudah.my/li?fs=1&ca=9_s&th=1&q=...pe=16&rs=30&re=

This post has been edited by tunasandwich: Jan 4 2012, 05:39 PM

131k is OTR price. If minus insurance, 3.5k, the depreciation for 2 years is only 12.5k.
Those who willing to pay 115k + insurance + transfer fee for a 2 years car I must really respect them.

second hand car interest is higher too.

end up more expensive than new car.

then how come so tahan the 2nd hand value?!?!

it's the mind set of these people la effff-ing up the 2nd hand car market... pls wake up!!!! T&H don't deserve this!!!!

Suree Elantra migth be an awesome car... infact I'm very impressed with Hyuundai quality so far after clocking over 150,000km on mine.

However... a Toyota that cost about 15k more then my hyundai when i bougth it new... now... 2nd hand value is worth 30k more then my car. So I lost quite abit...

I dont forsee this changing since Malaysian mindset is still T&H = Godly

This is REALLY making reconsider getting another Hyundai cause I'm not goign to hug and drive that car for 20 years... and I dont like losing 15~20k when I wanna trade in my car in the next 4~5 years..

I think proton second handvalue higher than koreans..
If u like thecar.. just buy it.. fark the resale value..