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 New Peugeot 3008, Very funky

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kadajawi
post Jul 16 2018, 12:42 AM

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QUOTE(berann @ Jan 10 2018, 12:18 AM)
Is good if you can wait for another 2 years and get a used 3008 (2 years old + car with remaining 3 years warranty) possible for less than RM 50k. If you look at the 2015 Peugeot 3008 now (2 years plus) some selling about 45k+. First 2 years, the car depreciate about 70% of its value.. Why not save 100k for a rather new 2 years car + more reviews 2 years later. Even if is not very reliable, max you can lose for another 15k..to sell the car again.  mega_shok.gif
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That car had a bad reputation, plus value drops further because the successor is out already, and it is so much nicer.
EnergyAnalyst
post Jul 16 2018, 08:35 AM

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QUOTE(kadajawi @ Jul 16 2018, 12:42 AM)
That car had a bad reputation, plus value drops further because the successor is out already, and it is so much nicer.
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Wow. You are back from long hiatus.

I think he meant waiting 2 years for the current gen 3008 to depreciate , buy if there are any from current owner having it up for sale by then. It is a good strategy I think especially if you intend to buy it cheap. Just that there may not be many owners of current gen 3008 letting go their two year old for sale.....
kadajawi
post Jul 17 2018, 01:15 AM

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QUOTE(EnergyAnalyst @ Jul 16 2018, 08:35 AM)
Wow. You are back from long hiatus.

I think he meant waiting 2 years for the current gen 3008 to depreciate , buy if there are any from current owner having it up for sale by then. It is a good strategy I think especially if you intend to buy it cheap. Just that there may not be many owners of current gen 3008 letting go their two year old for sale.....
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Ha, just very busy these days. More important things to do, like binge watching Netflix. laugh.gif Not sure I'll be here often. But I was curious what's happening in Malaysia these days.

His strategy is sound, but his pricing expectations aren't. Yes, the price will drop. But with the previous gen 3008, it also dropped because that car was end of life. Outdated model, end of life, successor is much nicer. Then add bad reputation, dealers trying to get rid of old stock (thus lowering the price for brand new cars) and you'll get a massive price drop. In 2 years the new 3008 will still be a modern, up to date car that looks great, and might have a better reputation by then (if it is a better car). So don't expect the prices to drop that much.
EnergyAnalyst
post Jul 17 2018, 08:34 AM

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QUOTE(kadajawi @ Jul 17 2018, 01:15 AM)
Ha, just very busy these days. More important things to do, like binge watching Netflix. laugh.gif Not sure I'll be here often. But I was curious what's happening in Malaysia these days.

His strategy is sound, but his pricing expectations aren't. Yes, the price will drop. But with the previous gen 3008, it also dropped because that car was end of life. Outdated model, end of life, successor is much nicer. Then add bad reputation, dealers trying to get rid of old stock (thus lowering the price for brand new cars) and you'll get a massive price drop. In 2 years the new 3008 will still be a modern, up to date car that looks great, and might have a better reputation by then (if it is a better car). So don't expect the prices to drop that much.
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It is normal to see a car value drop by 50% after Two years here in Malaysia I am afraid. Don't believe me? try checking using an online check.


https://www.carbase.my/tool/car-market-value-guide

TSIpohLad
post Jul 17 2018, 10:33 AM

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QUOTE(EnergyAnalyst @ Jul 17 2018, 01:34 AM)
It is normal to see a car value drop by 50% after Two years here in Malaysia I am afraid. Don't believe me? try checking using an online check.
https://www.carbase.my/tool/car-market-value-guide
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Sadly thats still have certain people who think their car would'nt loss much value after a few year due to their brand hierarchy. No one in the world will pay more than 50% of the original value of the purchase for a car that pass their 3rd birthday. Thats including all the Japanese brands. Let that sink in.
lim47
post Jul 17 2018, 11:32 AM

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QUOTE(IpohLad @ Jul 17 2018, 10:33 AM)
Sadly thats still have certain people who think their car would'nt loss much value after a few year due to their brand hierarchy. No one in the world will pay more than 50% of the original value of the purchase for a car that pass their 3rd birthday. Thats including all the Japanese brands. Let that sink in.
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but they always claim T & H brand get the most RV laugh.gif
Myvi also popular
They can sell the junk at 50% after 10 years hmm.gif , thats why always must buy Vios and civic ketam sweat.gif
TSIpohLad
post Jul 17 2018, 11:35 AM

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QUOTE(lim47 @ Jul 17 2018, 04:32 AM)
but they always claim T & H brand get the most RV  laugh.gif
Myvi also popular
They can sell the junk at 50% after 10 years  hmm.gif , thats why always must buy  Vios and civic ketam sweat.gif
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Good luck!
kadajawi
post Jul 18 2018, 04:42 AM

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QUOTE(EnergyAnalyst @ Jul 17 2018, 08:34 AM)
It is normal to see a car value drop by 50% after Two years here in Malaysia I am afraid. Don't believe me? try checking using an online check.
https://www.carbase.my/tool/car-market-value-guide
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True. I wish it was that way in Germany... if you factor in the discounts dealers will give you on new cars anyway, a second hand car won't save you much. cry.gif

But yes, in Malaysia its different. But... I didn't check, but if after 2 years the price of a 3008 is 45 to 50k, then new it must have been around 90 to 100k? Was it really that cheap to begin with? Isn't the new 3008 around 150k? Then after 2 years it won't be around 50k, but around 75k...
EnergyAnalyst
post Jul 18 2018, 07:43 AM

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QUOTE(kadajawi @ Jul 18 2018, 04:42 AM)
True. I wish it was that way in Germany... if you factor in the discounts dealers will give you on new cars anyway, a second hand car won't save you much. cry.gif

But yes, in Malaysia its different. But... I didn't check, but if after 2 years the price of a 3008 is 45 to 50k, then new it must have been around 90 to 100k? Was it really that cheap to begin with? Isn't the new 3008 around 150k? Then after 2 years it won't be around 50k, but around 75k...
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There are two trims , the lowest is RM135k before discount. A brand new after 2 years later possibly it will only fetch half of that value. Nearing three years it will drop close to 50k. I won't be surprise.

EnergyAnalyst
post Jul 18 2018, 07:52 AM

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QUOTE(IpohLad @ Jul 17 2018, 10:33 AM)
Sadly thats still have certain people who think their car would'nt loss much value after a few year due to their brand hierarchy. No one in the world will pay more than 50% of the original value of the purchase for a car that pass their 3rd birthday. Thats including all the Japanese brands. Let that sink in.
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CRV hold value better though, the same site would show a 2015 or 2016 2.0 CRV will still have value of RM79k to RM85k, so it is not as much drop from its original price of RM135k+

Likewise for a CX5 from Mazda

But then these are just guides.....


shift2
post Jul 22 2018, 12:02 AM

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any idea about 3008 maintenance cost?
mytaffeta
post Jul 22 2018, 02:09 AM

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QUOTE(shift2 @ Jul 22 2018, 12:02 AM)
any idea about 3008 maintenance cost?
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about 500 for every 10k
about 1k for major service

SC use mobil 5 litre that is total 290.. every 10k need to change filter (not sure its aircond or engine, i think is aircond cost 110)..
joe8489
post Sep 6 2018, 10:26 PM

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QUOTE(EnergyAnalyst @ Jul 18 2018, 08:52 AM)
CRV hold value better though, the same site would show a 2015 or  2016 2.0 CRV will still have value of RM79k to RM85k, so it is  not as much drop from its original price of RM135k+

Likewise for a CX5 from Mazda

But then these are just guides.....
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CX-5 so-so la for RV.....though the owners may want to think otherwise...
EnergyAnalyst
post Sep 7 2018, 04:42 PM

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QUOTE(joe8489 @ Sep 6 2018, 10:26 PM)
CX-5 so-so la for RV.....though the owners may want to think otherwise...
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Merely quoting site guide as reference. The site showed both CRV and CX5 hold value pretty good and almost on the same level....

Personally I would think CRV will hold value better since their numbers are much less than CX5 and also the current used CX5 are all older gen
simonpeek77
post Nov 9 2018, 11:28 AM

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recently view the 3008 SUV at one shopping mall...amazing designed, and I really impressed.
according to the sales man, mentioned:-
--taking from previous experience, PUG have better designed of the engine now to suit Malaysia climate condition, how true is this statement??
--from the past one year, they received have very good comments from the owners who purchase new designed PUG 3008 SUV, betul ke??
--SC service quality was being reform and upgraded, really?
...but..still but...negative comments about PUG are flooded many of the forums, although like it very much, but still in deep considering whether to own one..haizzz
any new owners here who can sharing more latest experience, hope to get more info.....
victor_hoh
post Nov 9 2018, 02:24 PM

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QUOTE(simonpeek77 @ Nov 9 2018, 11:28 AM)
recently view the 3008 SUV at one shopping mall...amazing designed, and I really impressed.
according to the sales man, mentioned:-
--taking from previous experience, PUG have better designed of the engine now to suit Malaysia climate condition, how true is this statement??
--from the past one year, they received have very good comments from the owners who purchase new designed PUG 3008 SUV, betul ke??
--SC service quality was being reform and upgraded, really?
...but..still but...negative comments about PUG are flooded many of the forums, although like it very much, but still in deep considering whether to own one..haizzz
any new owners here who can sharing more latest experience, hope to get more info.....
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i was being told similar things 9 years ago when I bought my 308. and I sold it in a hurry before the end of my 5 year loan tenure. Go figure.
simonpeek77
post Nov 12 2018, 11:49 AM

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QUOTE(victor_hoh @ Nov 9 2018, 03:24 PM)
i was being told similar things 9 years ago when I bought my 308. and I sold it in a hurry before the end of my 5 year loan tenure. Go figure.
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hmm.gif i think the best way is admire it from far....

SUSinsiderssss
post Nov 25 2018, 01:46 PM

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the big grill of the older models look so nice, why second hand so cheap?
acbc
post Nov 25 2018, 02:07 PM

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Latest update to my 2012 Peugeot 3008.

On the way to Penang, Aircon not cold. Replaced compressor in Penang. On the way back to KL, alternator died. Replaced in Penang.

Back in KL, Aircon not cold again. This time, condenser coil kaput. Replaced in KL.

Drove to Penang for work and suddenly lost power or stuck in limp mode. Drove back slowly below 100kph and found turbo housing cracked!

Fucking piece of French shit. Everything broke down within 2 weeks. Need to spend approx RM 5k.

Will fix the turbo housing first. If more faults, it is up for sale below RM 20k.

I'm going back to my beloved 1990 Mitsubishi Galant VR4. Will detuned back to stock for daily driving.

New cars too many unreliable electronics and poor quality components just like an iPhone.
leotorino
post Nov 27 2018, 09:41 AM

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QUOTE(acbc @ Nov 25 2018, 02:07 PM)
Latest update to my 2012 Peugeot 3008.

On the way to Penang, Aircon not cold. Replaced compressor in Penang. On the way back to KL, alternator died. Replaced in Penang.

Back in KL, Aircon not cold again. This time, condenser coil kaput. Replaced in KL.

Drove to Penang for work and suddenly lost power or stuck in limp mode. Drove back slowly below 100kph and found turbo housing cracked!

Fucking piece of French shit. Everything broke down within 2 weeks. Need to spend approx RM 5k.

Will fix the turbo housing first. If more faults, it is up for sale below RM 20k.

I'm going back to my beloved 1990 Mitsubishi Galant VR4. Will detuned back to stock for daily driving.

New cars too many unreliable electronics and poor quality components just like an iPhone.
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Fuu 5k just like that. i cant imagine to pain. people buy this car to feel the comfort, unfortunately electronic/reliability become main issue.

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