Vehicles with the best/worst resale values in the Philippines

[niky]

A lot people factor in resale value in purchasing cars simply because they spend their hard earned money by making compromises on certain privileges just to buy a car like me. Unlike some like SG (tsikot high roller) for example who has tons of muhlah who can pursue his passion for cars. A car ain't like a celfone which we can easily absorb the depreciation say 10-20K depreciation a year, while a car can depreciate at the rate of 100K right of the dealer when you drive off. Thats less than 5mins and you lost 100K, add to the matter it subsequently depreciates 50-100K a year depending on the brand prestige, perceive build quality, fuel economy and desirability on the second hand market.

If you don't want to lose 100k in resale value, don't buy a car. Period.

The only way to not lose in terms of resale value is to buy a secondhand vehicle. Buy it in cash and negotiate hard, use it for six months, then sell it for as much as you bought it, or more. There are some people who do that, but it's not for everyone.

Buy a brand new car, even a Toyota or a Honda, and you lose at least 50-100k in the first year. And you'll be spending around 100k pesos per year for gasoline, PMS and insurance. (Given you'll be driving at 10,000 kms per year).

In other words, **** resale value. It's a secondary concern. If you pick a car that's economical and easy to maintain, it should have a good resale value. If it doesn't, yet is still more durable and economical than the car that does have a good resale value, you should be able to save the difference in five years.

yeah but how much really is the difference of Honda and Nissan's resale value after 5 years? is it really that substantial na you need to think about it 5 years prior?

And people who only keep cars five years are wasting their money. The best way to maximize your bang for buck is to hold onto the car for at least ten years

Or until something newer catches your eye...

[miked]

ang sakin lang eh yung "repairs and maintenance done" sa sasakyan ang primary index ng kanyang resale value....mapa-toyota, mitsubishi, isuzu, nissan, bmw, volvo, etc. pa ang brand.

halimbawa, zero repairs + regular maintenance = higher value......pero yung zero repairs done kung minsan eh kaduda-duda din eh.

kunsabagay, hindi ko na iniisip yung resale value ng pipip ko dahil kukulangin malamang ang pambili ng panibagong sasakyan na kahit 2nd hand.

[Monseratto]

kung kay monseratto eh tinanggal nya yung 200k worth of mods niya tapos binenta nya yun lahat individually then probably makakabawi siya atleast 100k, or even more ... pag kasama sa car, wala.

Di ata pwede tangalin yung leather upholstery, lowering spring, body kit... Could have taken the mags set.

[renzo_d10]

leather upholstery, well, hindi talaga.

lowering spring, pwede yan ( palitan mo ng stock ) body kit ( la ka naman ipapalit dito so pwedeng tanggalin unless nabutasan yung doors and stuff ... ) pwede rin. Lalo na yung mags.

[Balisong]

Kind of OT... I saw in a commercial that Hyundai USA is offering people (new car buyers) a guarantee on how much their hyundai will be worth in up to 4 years ata. That plus the 5 year bumper to bumper, 10 year power train warranty and they will really have a nice choke hold on the market.... Maybe eventually rule the world! Muhahahahaa! But seriously, Hyundai is a scary contender now considering just a few years ago a lot of us wouldn't even consider them.

[birdpoop]

And people who only keep cars five years are wasting their money. The best way to maximize your bang for buck is to hold onto the car for at least ten years

Is there a tsikot thread listing 10 year old cars in the country that have held up their functional values quite well?

[Ry_Tower]

Is there a tsikot thread listing 10 year old cars in the country that have held up their functional values quite well?

None ata but FM's are still selling more than 600K for a 10 year vehicle afaik. Depending upon the condition of the vehicle of course.

[birdpoop]

^ this calls for a separate thread then? "Decade-old vehicles with the best/worst functional values in the Philippines"?

[[archie]]

isa lang that i can think of... civic SiR

[mda_]

nissan 200sx. yun lang ata nissan with good resale value.

[mda_]

this is actually why some "intelligent" rich people don't buy brand new. bili ka nang unit na less than a year old, then sell it after 2-3 years. this is how to protect yourself from the initial drop in value the minute the car rolls of the lot.


resale value is pretty tricky kasi ang dami rin naman factors to consider (condition of the car, mileage, popularity of the model, original selling price when brand new etc.) so mahirap rin to generalize kung ok ang resale value ng isang kotse. more than the resale value, one should also consider actual cost of ownership. baka in the long run, even if mas mataas yung resale value ng isang kotse, pero mataas rin yung cost of ownership, quits lang, or baka better off ka pa with the unit na "lesser resale value".

[blue_gambit]

So niky is my assumption wrong?

All i'm saying thats what a lot of people thinking nowadays and thats how roughly in my estimate cars depreciate. thats is IMHO

Linawin ko lang, I wouldn't buy a car I don't like... heck kung me pera lang ako eh di bumili na ko Genesis 3.0 v6 tsaka isang Pajero BK...





*shadow I don't know never looked lately at the classifieds wala akong pera eh... hehehe

[niky]

isa lang that i can think of... civic SiR

True. Held its value for a ridiculously long time.

Finally going down, but stabilizing again at the 350k range, so far as I can see.

Kasi, walang kapalit. The RS is a better car in most ways, but it doesn't have that wonderfully high revving engine.

Miata din, good resale... but because it's now a rare and desirable classic. Same with the Beetle.

[Ry_Tower]

ah yes the Beetle nga naman.

[Starex_Gold]

Civic SiR...

[ans_lim168]

Japanese cars like Honda and Toyota have good resale value, unlike Nissan.

[Ry_Tower]

Japanese cars like Honda and Toyota have good resale value, unlike Nissan.

I think because of the old notion that parts are expensive for Nissan. But expensive din naman like Honda, although Honda has that "status symbol" notion kasi.

[rafmac]

Recently sold my 2005 Honda Jazz 1.3 S M/T for 420K bought it brand new for P550. I think nowadays fuel efficient cars have high resale value because of the cost of fuel

[nabutbutirog]

Recently sold my 2005 Honda Jazz 1.3 S M/T for 420K bought it brand new for P550. I think nowadays fuel efficient cars have high resale value because of the cost of fuel

tubong lugaw ka dyan bosing

[Ry_Tower]

tubong lugaw ka dyan bosing

oo nga, 5 years 130K lang ang depreciation expense mo. Parang lugi bumili ah?