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 Car Resale Values, Fact or Myth?

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kadajawi
post Mar 20 2013, 11:00 AM

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Outside workshops will also rip you off. And I would simply not trust an outside workshop to fix a more modern car. Toyota OK, but Volvo?

I can bring my own parts to the Renault SC. The fees are OK.
ajul
post Mar 20 2013, 11:11 AM

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when do comparison...pls do more homework...pls compare with same value item...rm150k vs rm150 item...and resale value...now u compare rm130k vs rm150k item...sure got different cash value....hahahaha

if u want see huge different..why not u compare rm50k myvi Vs rm150k camry? sure u see there got rm100k cash flow....hahaha

This post has been edited by ajul: Mar 20 2013, 11:11 AM
kailord
post Mar 20 2013, 12:36 PM

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I think it's more practical to compare between segments rather than price range. Because when buying a car, people would target which segment they want. After that only budget.
N1ck
post Mar 20 2013, 03:41 PM

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QUOTE(ajul @ Mar 20 2013, 11:11 AM)
when do comparison...pls do more homework...pls compare with same value item...rm150k vs rm150 item...and resale value...now u compare rm130k vs rm150k item...sure got different cash value....hahahaha

if u want see huge different..why not u compare rm50k myvi Vs rm150k camry? sure u see there got rm100k cash flow....hahaha
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He is comparing the same category same class of cars. He is proving the hypothesis wrong that buying a Toyota instead of a Kia would save you money.

Rather than getting a Toyota Camry because you want money from resale value, you get a cheaper Kia instead which his calculation proves is more value.


Anyway, still need to factor in cost of servicing and parts. My dad had a previous gen Camry, he loved it due to relatively cheap services and very little problems. However I think all cars also not much problems right.
mysql2779
post Sep 5 2013, 09:44 PM

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Guys.. What about modifications like exhaust tuning, sport rims, engine tuning?

Do these modifications reduce the resale value?

Trading in the car to car dealer won't affect much right?

I am planning to sell my Proton Gen2 AT 1.3 2006 off and get an second hand Myvi.

I did exhaust modification and sport rims upgrade. Do these mod reduce my trade in value ?
eric8188
post Dec 3 2013, 09:00 PM

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When i see someone age between 25-35 driving a new camry 2.0/2.5, i will always tell myself this is their father's car. no offense, just the image leads to such imagination. tongue.gif
jing_kohkoh
post Dec 3 2013, 09:46 PM

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QUOTE(N1ck @ Mar 20 2013, 03:41 PM)
He is comparing the same category same class of cars. He is proving the hypothesis wrong that buying a Toyota instead of a Kia would save you money.

Rather than getting a Toyota Camry because you want money from resale value, you get a cheaper Kia instead which his calculation proves is more value.
Anyway, still need to factor in cost of servicing and parts. My dad had a previous gen Camry, he loved it due to relatively cheap services and very little problems. However I think all cars also not much problems right.
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I see downside on buying low resale value car, there are reasons why cars are having low resale value, most probably the poor after sales support and low demand and hard to sell as used car.
selling the car with higher demand comes more handy when its time to sell, the asking price seen on car sales website for low demand car is going down and down most of time because dealers are selective.
having slightly higher startup cost and monthly cost (rm300) saves the hassle when selling, also saves up 10k more cash in the end.
lastly, if buy a low resale value car, by investing rm300 monthly that was earned from the difference in car price, can earn back rm10000 in 5 years time?

so, its up to personal taste and enjoyment, in terms of money, buying low resale value car sure no good

This post has been edited by jing_kohkoh: Dec 3 2013, 09:55 PM

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