In my opinion I will not buy a second hand Toyota/Honda simply because the resale value is high.

I don't see why I should pay a high price for a used car that lacks features found in another similar car.

Therefore if I were to buy a used car, I'll choose a European car.
It has more features and costs less.
I also won't suffer that much depreciation anymore because the first owner has already absorbed it.

If more people buy second hand European car instead of second hand Toyota. The resale values of these cars will reverse.

In Australia a 2008 Camry is cheaper than a 2008 Peugeot 407.

Here in Malaysia it is the other way round.

Reason :
Used car dealers jacking up the price.
People who didn't do any research and simply buy what is common on the road, uncle aunty recommendation.

This post has been edited by CoffeeDude: Mar 12 2013, 03:12 PM