NOTE: This is Private sale price. This DOES NOT factor Trade in price. For trade in price less 10% to 20% depending on car as used car dealers also need to make money.
I NOW PRESENT my research on used car retained value after few years. It took me 3 months to gather and compile the used car prices from various sources of classifieds namely Motortrader, The Star Classifieds, www.Autoworld.com.my, and random visits to car dealerships/Recond car showrooms…
Here are the vehicles shown with their Retained value in PERCENTAGE (%) within 3 years… (and 5 years in bracket). This is for Local (eg. Tan Chong) AND/OR Official Distributors (eg. Auto Bavaria) cars only. AP Imports to be covered later as their New car price were determined by AP Importer themselves, Ie. It varies, so I just estimated their new price to make this statistic possible, it’ll be unfair if I mix REAL results and estimated results together.
1) Mini One/Cooper: 80% (72%)
2) VW GOLF GTI 80%/(70%)
3) Honda Civic 1.8 IVTEC/2.0IVTEC 80%/75% (70%/65%)
4) Perodua MYVI 1.3 SX/EZ: 76%/75%/ (66%/65%)
5) Toyota Vios: 75% (65%)
5) Toyota Avanza: 75% (65%)
5) Toyota Hilux 2.5D4D & Fortuner 75% / (65%)
8) Toyota Camry 2.0/2.4 VVTI 75%/73% (65%/58%)
Here are the vehicles shown with their Retained value in PERCENTAGE (%) within 3 years… (and 5 years in bracket). This is for Local (eg. Tan Chong) AND/OR Official Distributors (eg. Auto Bavaria) cars only. AP Imports to be covered later as their New car price were determined by AP Importer themselves, Ie. It varies, so I just estimated their new price to make this statistic possible, it’ll be unfair if I mix REAL results and estimated results together.
1) Mini One/Cooper: 80% (72%)
2) VW GOLF GTI 80%/(70%)
3) Honda Civic 1.8 IVTEC/2.0IVTEC 80%/75% (70%/65%)
4) Perodua MYVI 1.3 SX/EZ: 76%/75%/ (66%/65%)
5) Toyota Vios: 75% (65%)
5) Toyota Avanza: 75% (65%)
5) Toyota Hilux 2.5D4D & Fortuner 75% / (65%)
8) Toyota Camry 2.0/2.4 VVTI 75%/73% (65%/58%)
9) Honda Jazz 1.5 IDSI/VTEC 74%/72% (66%)
(TOP 10)
(TOP 10)
10) Toyota Innova 2.0G 74%/(64%)
10) Nissan Grand Livina 74%/(64%)
10) Honda City 1.5 VTEC 74% (64%)
13) Mitsubishi Lancer GT and Triton 74%/(60%)
14) Suzuki Swift 1.5 73% / (63%)
15) Toyota Altis 72% (62%)
16) Nissan C22 Vannete 71% (63%)
16) Ford Ranger & Everest 71% (63%)
18) Nissan Sylphy 71%/(59%)
19) Mazda 5 MPV: 70% (58%)
20) Honda Stream 70% (55%)
10) Nissan Grand Livina 74%/(64%)
10) Honda City 1.5 VTEC 74% (64%)
13) Mitsubishi Lancer GT and Triton 74%/(60%)
14) Suzuki Swift 1.5 73% / (63%)
15) Toyota Altis 72% (62%)
16) Nissan C22 Vannete 71% (63%)
16) Ford Ranger & Everest 71% (63%)
18) Nissan Sylphy 71%/(59%)
19) Mazda 5 MPV: 70% (58%)
20) Honda Stream 70% (55%)
20) Honda CRV 70% (55%)
(TOP 20)
22) Mazda 6 2.5 (2.0) 70% / (54%) and Mazda 3 1.6 & 2.0: 70% / (54%)
(TOP 20)
22) Mazda 6 2.5 (2.0) 70% / (54%) and Mazda 3 1.6 & 2.0: 70% / (54%)
23) Mercedes C200K/C250 69% (57%)
24) Nissan Frontier, X-trail and NAVARA 68% / (56%)
26) Proton Persona 1.6 Hi-line and Satria Neo 68%/(54%)
25) Perodua Viva 68%/56%
26) Proton Persona 1.6 Hi-line and Satria Neo 68%/(54%)
25) Perodua Viva 68%/56%
28) Hyundai Starex Royale 2.5 CRDi 67% / ( 55%)
26) Hyundai Tucson - 2.0 68% (54%)
29) Kia Forte 1.6SX 4sp Auto 67% / (55%)
30) Honda Accord 2.0/2.4/3.5 V6 averaged among the 3 models = 67% (53%)
29) Kia Forte 1.6SX 4sp Auto 67% / (55%)
30) Honda Accord 2.0/2.4/3.5 V6 averaged among the 3 models = 67% (53%)
OTHERS (Selected) - (5 yrs retained value in bracket)
- BMW M3/330i Coupe (69%) & BMW 325i CKD (55%) = Avg: 61% (49%)
- BMW 5 series 55% (45%)
- BMW 5 series 55% (45%)
- Chevrolet Optra 50% (35%)
- Ford Focus 2.0 S - 64% / (48%)
- Mercedes E-class 64% / (50%)
- Mercedes E-class 64% / (50%)
- Perodua Kancil -NA- (55%)
- Proton Savvy - 64% / (50%)
- Proton Saga BLM 65% / (53%)
- Proton Savvy - 64% / (50%)
- Proton Saga BLM 65% / (53%)
- Waja Campro CPS: 60%/ (50% - CAMPRO)
Note:
1) Toyota Prius Launched in 2010. Honda Insight also launched in 2010. Resale value to be determined by Next update October 2014.
2) Waja and ALL OTHER PROTONS = RM3,000 per year depreciation 3rd year onwards until 10th year, After 10 years 5 to 10% depreciation each year only (depending on condition and mileage). So it's GOOD to buy Say a 1995 Satria 1.6 for 6,000 as it depreciates V-E-R-Y SLOW).
3) Nissan Teana launched Late 2010, to be determined by Next Update Oct 2014.
4) Kia Forte also launched 2010, to be determined by next update Oct 2014
5) Peugeot 308VTI / 308 Turbo / 508 / 3008/ 5008 also to be determined by Next update Oct 2014.
AP/Grey Imports (TOP 10 best resale value vehicles):
Again, I can’t determined the Actual new car prices of these cars as it’s Determined by the AP Holders/Grey importers. But I found that it’s safe to say for example Toyota Alphard 2.4’s New car price: RM280,000 with 5% +/- allowance depending on specs (ie. RM266k to RM294k), hence I used this as my estimation to come up with the percentage (%) of retained value results in 3 years (5 years in brackets).
1) Mitsubishi EVO 9 (8/7.5) -NA- 73%/(63%)
2) Honda Odyssey 70% (65%)
3) VW Beetle 2.0 70% (64%)
4) Toyota Wish: 70% (60%)
4) Toyota Mark X 70% (60%)
4) Subaru WRX STI Ver 8 70% (60%)
7) Toyota Harrier 2.4 67% (55%)
8) Mazda RX8 and MX5 65% (57%)
9) Toyota Estima 63% (51%)
10) Toyota Alphard 61% (59% for recond 5 yrs old)
THAT’S ALL FOLKS! Hope this STATISTICS will be helpful for you in shopping for your ideal used cars… Again, it took me 3 months to come up with these statistics… You should thank me for it…
NOTE: 11 October 2012, Proton Saga BLM revised, Persona revised, VW Golf GTI and Mitsubishi Lancer GT Added, Mazda 6 2.5 and Mazda 5 added.
WAIT TILL YOU SEE THE OTHER SIDE. HUGE CONTRAST. Click below:
WORST RESALE VALUE CARS!!!
Note:
1) Toyota Prius Launched in 2010. Honda Insight also launched in 2010. Resale value to be determined by Next update October 2014.
2) Waja and ALL OTHER PROTONS = RM3,000 per year depreciation 3rd year onwards until 10th year, After 10 years 5 to 10% depreciation each year only (depending on condition and mileage). So it's GOOD to buy Say a 1995 Satria 1.6 for 6,000 as it depreciates V-E-R-Y SLOW).
3) Nissan Teana launched Late 2010, to be determined by Next Update Oct 2014.
4) Kia Forte also launched 2010, to be determined by next update Oct 2014
5) Peugeot 308VTI / 308 Turbo / 508 / 3008/ 5008 also to be determined by Next update Oct 2014.
AP/Grey Imports (TOP 10 best resale value vehicles):
Again, I can’t determined the Actual new car prices of these cars as it’s Determined by the AP Holders/Grey importers. But I found that it’s safe to say for example Toyota Alphard 2.4’s New car price: RM280,000 with 5% +/- allowance depending on specs (ie. RM266k to RM294k), hence I used this as my estimation to come up with the percentage (%) of retained value results in 3 years (5 years in brackets).
1) Mitsubishi EVO 9 (8/7.5) -NA- 73%/(63%)
2) Honda Odyssey 70% (65%)
3) VW Beetle 2.0 70% (64%)
4) Toyota Wish: 70% (60%)
4) Toyota Mark X 70% (60%)
4) Subaru WRX STI Ver 8 70% (60%)
7) Toyota Harrier 2.4 67% (55%)
8) Mazda RX8 and MX5 65% (57%)
9) Toyota Estima 63% (51%)
10) Toyota Alphard 61% (59% for recond 5 yrs old)
THAT’S ALL FOLKS! Hope this STATISTICS will be helpful for you in shopping for your ideal used cars… Again, it took me 3 months to come up with these statistics… You should thank me for it…
NOTE: 11 October 2012, Proton Saga BLM revised, Persona revised, VW Golf GTI and Mitsubishi Lancer GT Added, Mazda 6 2.5 and Mazda 5 added.
WAIT TILL YOU SEE THE OTHER SIDE. HUGE CONTRAST. Click below:
WORST RESALE VALUE CARS!!!
I wonder for cars such as Myvi and Honda Civic, the depreciation after 3 years is only 20% (and other cars falling under the same low depreciation category) ,why bother buying used for these cars?
ReplyDeleteAt least must depreciate 30% to justify buying used after 3 years. But no new car equals no used car right? It is like chicken and egg issue.
Great stuff!
ReplyDeleteIt's extremely useful! Excellent job man!
ReplyDelete