Yea especially if u need to buy KR2.

hehe.......I did go and take a look, but the units left over wasn't to my liking (low floor or bad layout).

Only one unit still pending loan approval on high floor so asked SA to notify me if loan rejected but didn't call till now.

Wish you all the best with that investment, I'm disposing my 1120 taking the cash and putting it in short term investments.

308thp 4speed is one most troublesome Peugeot to start with. Engine leaking, gearbox failure, etc etc. It was further rectified in the 6speed variants, and also the sedan sibilings 408.

Perhaps why 308thp fetch such mediocre resale value

LOL! i can see a discussion will soon turn to become T&H vs everyone else. Kthnxbye!

Because malaysia cars are way overpriced! If you are making 5K a month and the car is only about 25K, would you care about resale value?

it's more like properties and everyone else vs t&h

Got one at high floor. But the problem is many trying to get that unit.

Good point!

TCO

Is this calculation based on an assumption a high resale value car have higher selling price? Try comparing price to price, then you'll get the effect of resale value. My accounting background says so.

But then again, when buying car, buy what u want, buy what u need, buy what u love. Not resale value. Haven't buy car already consider how much you can sell it? Srsly?

How ru gonna get same prices? The cars with the higher prices are usually those from Toyota and Honda which is the source of the 'issue' since other similar makes are offering better equipped cars for cheaper prices.

u r right.

why RV is a consideration?

--------------------

imagine when after 1-2 years u lose your job, no monthly salary, bank lelong yr car and u need to top up A LOT OF MONEY to settle the loan.

just an example.

expert properties investment sifu wif 2.15mil prime area properties(and appriciating every minute) who test drive 99 times to buy k5, come in give tips on car resale value wo.sure alot ppl come in n learn a thing or two la.

u teaching someone wat the consequences? r u serious...

is this a thread genuinely discussing how important RV or, it just an excuse hiding behind the importance of RV just because somebody bought a good car with very bad history thus that car now value worthless?

if everyone is doing the first part, then good lah. because RV is not only matter here, but all of the world. so does the running cost. how importance, thats another matter lah. but if everyone here is doing the second part, then i am afraid they are just trying to devalue something of a value in the first place.

okay, i see many people just look at the price tags alone. of which just half truth. so how about after sales stuffs? servicing easiness? parts easy to find? and very widespread presence nationawide? how about those stuffs? they do contribute to high RV.

are they justify the high selling price? well it depends on the situation. now easy la type behind keybord and say nothing matter except price tags. say what if your branded korean make had to stay in workshop for weeks because the parts yet to arrive from korea? or ur german make come in come out service centres simply because they cannot figure whats wrong?

all i am trying to say is, RV is not a matter of just the price tag. u gotta see the whole thing. okay now some brands of course selling good value for money. nevermind, for anyone buying those so please do so and enjoy whatever the brands are throwing. but hiding behind this RV to level the field isnt that nice.

Im not really good at this.

Could you help me calculate between

Nissan gtr (08) - Rm 320,000 (d.p)- Rm 130k

And

320i - Rm 241,000 - (d.p) - Rm 24,100

Yes, that is one of the many assumptions. My summary was "low RV is offset by low purchase price". It's obvious that when both cars have the same purchase price but one have lower RV, then there's no need calculate anything. But note that the calculation is based on historical figures thus like all other financial estimates, does not predict future values. A safe disclaimer :)

Like I said, the point of considering RV is to manage/minimize your liabilities/losses. Financial prudence is about managing both the positives (assets/gains) and negatives (liabilities/losses). Like it or not, RV is a real issue. Middle income buyers in developed countries also look at RV as a factor. You'll see reviewers mentioning RV as as plus/minus points.

By cruching some numbers, you can estimate if the loss is "substantial enough" to stop you from buying the car you're eyeing. The question is then, are you willing to take the financial loss considering what you gain (e.g. safer, better ride) from a lower RV car? I think having a rough figure is better than to brush of RV just like that. Unless you love the car so much, or too rich to care.

Maybe next time I'll try to calculate Merc vs. Volvo or Audi vs. Bimmer. In these cases, RV may even play a role even though buyers of the cars above are not exactly poor.

You need to provide the RV of both cars of the same age (e.g. resale price after 5 years or so).

Edit: This is to avoid bias. I don't want others to accuse me of being unfair in my calculation.

This post has been edited by azfamy: Mar 8 2013, 03:08 PM

how do u value satisfaction of ownership then?
the joy of driving?

i know my car might have shitty resale value IF i do want to sell it, but during the short time with the car, i have plenty of driving joy as compared to some boring boat...

how do u rate that value then?

scenario:
$10k saved but I lost 5 years of driving satisfaction?
nah... i will pass...
i rather have driving satisfaction then worrying about some figures that is going to hit me 5 years later...