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 Car Resale Values, Fact or Myth?

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durianpuff
post Mar 8 2013, 12:27 PM

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QUOTE(**no-name** @ Mar 8 2013, 12:15 PM)
i wonder why typical malaysians always think of resale value when buying new car? not yet buy already think to sell it? haha
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coz they treat car as investment? hmm.gif
durianpuff
post Mar 8 2013, 02:06 PM

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TCO
durianpuff
post Mar 12 2013, 02:45 PM

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QUOTE(CoffeeDude @ Mar 12 2013, 02:38 PM)
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.
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Well said here.
Car values drop, but due to silly demands, they are jacked higher by used-car dealers.


 

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