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 Think of trading in your car? Need the value?, Trade in value? Procedures? Docs needed?

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EnergyAnalyst
post Dec 28 2015, 02:45 PM

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Hi TS

Can I ask you a million dollar questions:

Do Toyota STILL has the best resale Value?

Or the rules of 20-25% first year value loss followed by 2nd and third year of further 15% each , then 10% value loss yearly from 4th year onwards still apply across the board?

Or has the current scene change that ratio /rules ?
EnergyAnalyst
post Dec 29 2015, 06:59 PM

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QUOTE(TOMEI-R @ Dec 29 2015, 06:37 PM)
I would say the resale value would really depend on the popularity of the car. Even not all models of Toyotas still can command high resale value nowadays. As new and better models of cars are coming out by the buckloads, new car prices getting cheaper and cheaper, market is getting more and more competitive.
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Hence the argument. TV is NOt brand dependant and rather model dependant? We can see popularity of certain car models are giving way to competing models, e.g. Honda City is more popular than Vios now (judging by sales number ) , does that mean RV for City wold be better

Some actually argue RV of rare cars hold up value better than common cars, based on your experience, any truth in that argument?


 

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