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 Official Honda Civic 10th Gen Owner/Fans Club V7, 10th Gen Dream Machine

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rapple
post Nov 30 2020, 04:38 PM

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QUOTE(rantingjay @ Nov 30 2020, 12:06 PM)
Generic calculation of price depreciation assuming we take the dec-jan time displacement. May differ few K  MYR depending on actual car condition/how kiasu the dealer/buyer is.

user posted image

That being said, IMO, next year car delivery will delay as HM will go back to their calculator to adjust pricing. So if they do not stray much from Covid pricing, expect lower rebate, vice versa.

Plus a car is a want/need product for consumption. Should not concern much on resale value for depreciation asset. You are not flipping property.
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if you are selling it following that guideline, 2nd hand car dealer will be very happy to buy from you. lol

generally if you selling to car dealer, look at the current market value and deduct 10% of it.. that's the min. selling price you should at least get ...

out of curiosity i check my 2017 1.8s trade in value with a car dealer , they are taking in @ 76k to 77k. That's about 30k depreciated over 3 years that's 10k a year only..
rapple
post Nov 30 2020, 09:37 PM

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QUOTE(rantingjay @ Nov 30 2020, 09:10 PM)
Yes yes. The details i share is way off on any market standards. 10 to 15 % a year would be a better rule of thumb.10k a year is super good i believe.

Point i was making is looking at resale value for a depre asset and trying to offset a year end deal is self inflicting pain to the soul. My case may differ from others so no judgement.

I see myself trashing the car till it is not road/wallet worthy.

Pre covid, total cost to own was 145k plus otr, got it at at 134k. So yea, this is how i justify willing to take year end stock.
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I would do the same or even take pre registered cars for better deals.

rapple
post Jul 11 2021, 08:04 PM

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QUOTE(ace4828 @ Jul 11 2021, 04:33 PM)
Mine lasted 1 month short of 1 year
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Less than a year, you can actually claim warranty from Honda.

I did claimed mine during the 1st year of the car.
rapple
post Jul 15 2021, 06:16 PM

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QUOTE(berann @ Jul 15 2021, 09:52 AM)
How can it possible HIP 2x more expensive? You mean same insured amount .. HIP RM 3k while non HIP RM 1.5k?

Etiga is also Honda insurance Panel. Try to get a quote from Honda HIP for Etiga.

i just renewed my insurance HIP Liberty Insurance 74k 55% NCD + 2k windscreen RM 1,295... means if i renew outside i can get RM 650?  brows.gif
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HiP got a lot of extra coverage which of course is not free and is included in the cost of insurance.

Thats why HIP so expensive which I already stop buying HIP last year.
rapple
post Aug 21 2022, 08:12 PM

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Letting go my 21 Nov 2017 1.8s civic at 83k..

Mileage 82k on ODO.

Anyone interested can PM. Will only keep the car till 30th Aug.

rapple
post Aug 30 2022, 07:08 AM

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QUOTE(rapple @ Aug 21 2022, 08:12 PM)
Letting go my 21 Nov 2017 1.8s civic at 83k..

Mileage 82k on ODO.

Anyone interested can PM. Will only keep the car till 30th Aug.
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Sold to dealer at RM81k.


rapple
post Aug 30 2022, 09:52 PM

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QUOTE(sj0217 @ Aug 30 2022, 05:03 PM)
Just asking, have you tried Carsome / Mytukar ??
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Carsome 75k
Carsome bidding 80k
Dealer 81k

Leverage on the bidding price to get a better price from dealer and save the rm500 processing fees charge by Carsome.

edit: MUV offer 81.5k after I have confirmed to sell the car.

This post has been edited by rapple: Aug 31 2022, 11:58 AM
rapple
post Sep 2 2022, 11:36 AM

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QUOTE(cedyy @ Sep 2 2022, 10:42 AM)
wow..that's a very good price. can give contact of the dealer?
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I'm in Ipoh ya.

You can check with them Vista Automobile Sdn Bhd
Can say refer by Patrick. See can get better price or not.. thumbup.gif

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