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 Used car price - stuck at this level?

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Quazacolt
post Mar 9 2023, 03:26 PM

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QUOTE(unitron @ Mar 9 2023, 02:33 PM)
also 10 years lah... plastic and rubber rotting away, engine oil leak, coolant leak. But no CEL.  laugh.gif
thankfully got made in china spare parts.

Your FE cannot be 10 years right  tongue.gif
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That's my wife's car, not mine.
I tumpang glamour je, jadi ahmad pun cun wub.gif
KingArthurVI
post Mar 9 2023, 09:57 PM

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Yeah I've been eyeing G20 pre-LCI 330i and my god the asking prices are barely 10-15% less than the RRP when bought new, even for 2–3 years old car. Seriously WTF.
ayamxxx
post Mar 10 2023, 08:48 AM

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QUOTE(KingArthurVI @ Mar 9 2023, 09:57 PM)
Yeah I've been eyeing G20 pre-LCI 330i and my god the asking prices are barely 10-15% less than the RRP when bought new, even for 2–3 years old car. Seriously WTF.
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The only model that drop a lot are for EV/ Electric cars.
unitron
post Mar 10 2023, 10:54 AM

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QUOTE(Quazacolt @ Mar 9 2023, 03:26 PM)
That's my wife's car, not mine.
I tumpang glamour je, jadi ahmad pun cun wub.gif
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hahaha.. agree laugh.gif
DM52
post Mar 10 2023, 11:31 AM

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depends heavily on car model yo. example civic fc secondhand price is so damn good. but, u still can go for alternative. go buy toyota altis. same year model, got quite few thousand difference yo.

camry xv50, for example still expensive despite almost 10 years in the market. dont worry, go for alternative, nissan teana, kia optima, hyundai sonata, perdana, accord 9th gen.

some model I see got shit 2nd hand value. just dont go for famous model such as myvi, city, vios, and all those small displacement engine, for sure 2nd hand price is expensive.

go find above 1.8 model as our fuel is still cheap.and hypermiling it

This post has been edited by DM52: Mar 10 2023, 11:31 AM
Icehart
post Mar 10 2023, 04:12 PM

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Not coming down so fast as it used to be, mainly driven by higher car prices of new model.

For example, new Fortuner 2.4/2.8 car prices has increased 20k+ easily compared to before MCO.
So used car also adjust "accordingly".
ZeneticX
post Mar 10 2023, 05:33 PM

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QUOTE(DM52 @ Mar 10 2023, 11:31 AM)
depends heavily on car model yo. example civic fc secondhand price is so damn good. but, u still can go for alternative. go buy toyota altis. same year model, got quite few thousand difference yo.

camry xv50, for example still expensive despite almost 10 years in the market. dont worry, go for alternative, nissan teana, kia optima, hyundai sonata, perdana, accord 9th gen.

some model I see got shit 2nd hand value. just dont go for famous model such as myvi, city, vios, and all those small displacement engine, for sure 2nd hand price is expensive.

go find above 1.8 model as our fuel is still cheap.and hypermiling it
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i wonder if this would in turn affect those so called 'good RV brands / model'. its all bout demand in the end, surely they cant keep selling those used car at such prices if nobody is willing to buy them
TSLostAndFound
post Mar 14 2023, 04:35 PM

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QUOTE(ZeneticX @ Mar 10 2023, 05:33 PM)
i wonder if this would in turn affect those so called 'good RV brands / model'. its all bout demand in the end, surely they cant keep selling those used car at such prices if nobody is willing to buy them
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Then hopefully the prices will come down right?

But I don't see demand dropping at all, even with such bad jam after MCO. Everyone I know seems to be looking either for first car or replace/upgrade car, since back to working from office.
silverwave
post Mar 18 2023, 03:20 PM

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Doubt we will see a drop anytime soon for secondhand cars and new car prices are also increasing.

In times like this, a new car seems more worthy than a 2-3yrs old second hand car.
Icehart
post Mar 19 2023, 08:28 PM

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QUOTE(ZeneticX @ Mar 10 2023, 05:33 PM)
i wonder if this would in turn affect those so called 'good RV brands / model'. its all bout demand in the end, surely they cant keep selling those used car at such prices if nobody is willing to buy them
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There is demand for second hand cars, especially with growth of used car unicorns like Mytukar / Carsome.

 

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