My humble opinion on the issue of the FoFo's "bad" resale value:
- firstly, all cars depreciate in value over time.
- I estimate (based on 4-7 year-old cars as listed on online car markets) that the FoFo is selling at between RM10K (most optimistic) to RM20K (worst case) less value compared to the purported market leaders of the same class and the same age (Toyota Altis/Honda Civic).
- You also have to factor in the fact that for 2 liter variants, Toyota/Honda is actually priced about RM10K more than FoFo. So there's a bit of additional cost-of-funds to consider.
- Furthermore, if you are talking about the new FoFo, you get 3 years maintenance free.... that's worth let's say RM3K?
- Taking all of the above into account, the additional "cost" of choosing a FoFo is something like (on average)RM15K "paid" over 5-7 years. That works out to be RM2K to RM3K extra cost per year.... effectively less than a pack of cigarettes per day (a common amount for many smokers).
Now... in my personal view, the additional joy that I get from driving a car that makes me happy for the 2-3 hours a day I am stuck in it EASILY is worth more than a pack of smokes! Let's see.... I get:
- a higher performance car
- better handling
- turns heads (it is more unique and rare than luxury cars like Merc S-Classes or BMW 7-Series! In Malaysia, those are a dime a dozen!)
- TRUE JOY
SO....when you look at it this way..... is the additional cost so unreasonable?
also want to add non tangible benefits.