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 My officemate wanna sell his cherry omoda 5

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smokey
post Sep 24 2024, 11:41 AM

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Used car dealer memang cut throat sellers most of the time
I suggest ts friend to self sell to get higher price
Maybe expect 30k loss...it is still better than used car's offer at least
30624770
post Sep 24 2024, 11:42 AM

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QUOTE(hellkvr @ Sep 23 2024, 10:31 PM)
But used car only offer 65k-72k. Used only 10 months already depreciate 50k. WTFF!!!
Why ah resale value so fucking bad? At first he thought can get 95k minimum.
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It’s reasonable lah. Used car dealers need to make some profit and if the car is priced like 90K, who will want to buy when just adding another 10K, you’ll get a brand new car. Even Toyota Honda also won’t get a good price if you want to sell less than a year.
TShellkvr
post Sep 24 2024, 11:42 AM

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QUOTE(smokey @ Sep 24 2024, 11:41 AM)
Used car dealer memang cut throat sellers most of the time
I suggest ts friend to self sell to get higher price
Maybe expect 30k loss...it is still better than used car's offer at least
*
yup he offer to sell 85k to officemate and his siblings. but no one wants. thats y go to used car dealer
bashlyner
post Sep 24 2024, 11:45 AM

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Did a quick check on Mudah and Carlist and can see cheapest one also need 93k. The dealer profit margin is at least 20k???
TAN WENG
post Sep 24 2024, 11:46 AM

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QUOTE(hellkvr @ Sep 24 2024, 11:42 AM)
yup he offer to sell 85k to officemate and his siblings. but no one wants. thats y go to used car dealer
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U See officemate n siblings also not dare to buy

The story will be different if your office mate bought aruz,alza,Honda or Toyota
won t be headache like this
Henry T
post Sep 24 2024, 11:50 AM

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What do people expect? A huge portion of the car price is made up of the various taxes and duties.

bigmac999
post Sep 24 2024, 11:50 AM

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Standard PRC Car resale value whats so weird

the used car company buy for 60-70k and sell for 95k
they still need to make profit, they are not a charity
30624770
post Sep 24 2024, 11:57 AM

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QUOTE(TAN WENG @ Sep 24 2024, 12:46 PM)
U See officemate n siblings also not dare to buy

The story will be different if your office mate bought aruz,alza,Honda or Toyota
won t be headache like this
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You go sell Honda and Toyota within a year and see whether you still can get good price lah.

This is not solely China car issue lah.

All cars will drop price significantly especially the first year.

Who want to buy when you add another 10K and you get a brand-new car?

Only if the price drops like 30K only people will consider lah and used car dealers will need to make a profit too.

Know a used car dealer before. A friend wanted to sell his 1-year-old Honda City costing about 95K and the used car dealer also offered 65K too.

The used car dealer say he needs to make profit, and he can't price the car above 75K as no one will buy.
30624770
post Sep 24 2024, 11:59 AM

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QUOTE(bigmac999 @ Sep 24 2024, 12:50 PM)
Standard PRC Car resale value whats so weird

the used car company buy for 60-70k and sell for 95k
they still need to make profit, they are not a charity
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No way used car dealer can sell for 95K.

Who will buy. Brand new is around 110K only.

You add another 10K+ get a new car.

When you take loan, the monthly payment increase is not much, and secondhand car interest rates are higher.
PowerSlide
post Sep 24 2024, 12:02 PM

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QUOTE(30624770 @ Sep 24 2024, 11:57 AM)
You go sell Honda and Toyota within a year and see whether you still can get good price lah.

This is not solely China car issue lah.

All cars will drop price significantly especially the first year.

Who want to buy when you add another 10K and you get a brand-new car?

Only if the price drops like 30K only people will consider lah and used car dealers will need to make a profit too.

Know a used car dealer before. A friend wanted to sell his 1-year-old Honda City costing about 95K and the used car dealer also offered 65K too.

The used car dealer say he needs to make profit, and he can't price the car above 75K as no one will buy.
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I laugh only when people saw resale value of their car on used car ads think they would get that price.. how used car dealers make money if they makan the car market price lol
bigmac999
post Sep 24 2024, 12:05 PM

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QUOTE(30624770 @ Sep 24 2024, 11:59 AM)
No way used car dealer can sell for 95K.

Who will buy. Brand new is around 110K only.

You add another 10K+ get a new car.

When you take loan, the monthly payment increase is not much, and secondhand car interest rates are higher.
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thats why thy only take 60-70k for the car
they will list the car as 95k

but in reality the car will sell for much cheaper
anavrin
post Sep 24 2024, 12:09 PM

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QUOTE(fongsk26 @ Sep 23 2024, 09:42 PM)
Not for long as the EV are taking over soon with Proton & Perodua EV coming next year.  The trend now is more to EV and gaining momentum once Proton and Perodua comes out with their EV.  It will not be immediate but as EV starts to mature and prices becomes cheaper, many will start to buy EV and leaves ICE.  I expect by another 4-5 years, UCE cars will have low resale values.  But I am still an ICE car lover for now for the convenience and accessibility.
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heck.. we still see kancil on the road so i think EV will take decades if it hadn't die off by then.
fongsk26
post Sep 24 2024, 12:15 PM

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QUOTE(anavrin @ Sep 24 2024, 12:09 PM)
heck.. we still see kancil on the road so i think EV will take decades if it hadn't die off by then.
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I don’t doubt u will still see Ice Cars on the road in the future. But once Proton and Perodua starts their EV and more low priced models comes into market, it is a matter of time before EV sale >>>> ICE cars for new models. I believe this will happen in the next 4-5 years as the EV tech matures.
silverong
post Sep 24 2024, 12:15 PM

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QUOTE(anavrin @ Sep 24 2024, 12:09 PM)
heck.. we still see kancil on the road so i think EV will take decades if it hadn't die off by then.
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Ice won't be death unless gov raise the petrol price kaw kaw then we would see significant ice car sales dropped from y2y tongue.gif

lone_wolf
post Sep 24 2024, 12:19 PM

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Banyak anjing Japanese car dalam ni

Jilat la Japanese car tu
vapanel
post Sep 24 2024, 12:22 PM

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QUOTE(haroldz123 @ Sep 23 2024, 09:40 PM)
Any reason why?
Tot they are saving the earth 😂😂
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Idiot
It's not E5

It's 5
silverong
post Sep 24 2024, 12:24 PM

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QUOTE(hellkvr @ Sep 23 2024, 09:31 PM)
But used car only offer 65k-72k. Used only 10 months already depreciate 50k. WTFF!!!
Why ah resale value so fucking bad? At first he thought can get 95k minimum.
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you mate brought high spec close to 120k that? Used only 10 months means 1 year old car, if he brought on year end during last year, then 2 months later it consider 2 years old car.
regards the offer price, even toyota/honda also can't keep too high resale value on 1st year. Consider it's China car and reputation not really good in Msia, i think 7xk - 80k is reasonable for used car dealer and they will mark up a minimum 5k- 10k for selling. I would said if your mate want to sell at higher price, try post on the owner group.

just curious, why need sell the car just for one year? Axle problem causing lack of confident?
Ayambetul
post Sep 24 2024, 12:33 PM

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If she add her "cherry" on top of the chery, probably can sell higher
msacras
post Sep 24 2024, 12:37 PM

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QUOTE(anavrin @ Sep 24 2024, 12:09 PM)
heck.. we still see kancil on the road so i think EV will take decades if it hadn't die off by then.
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All it takes are just some big scale war. Then petrol will skyrocket and far less economical to run vs electricity.

In tongsan, their petrol mileage can go as high as 10x vs running on electricity.

This post has been edited by msacras: Sep 24 2024, 12:38 PM
30624770
post Sep 24 2024, 12:37 PM

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QUOTE(silverong @ Sep 24 2024, 01:15 PM)
Ice won't be death unless gov raise the petrol price kaw kaw then we would see significant ice car sales dropped from y2y  tongue.gif
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They already float diesel and floating petrol is definitely coming soon. Once they allow EV below 100K, I think the demand for EV will surge especially when petrol floats.

EV will be ideal for daily use car like going to nearby places and go to work.

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