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Monday, September 30, 2013

WORST RESALE VALUE CARS (Updated 30 Sept 13)

WORST RESALE VALUE CARS (Updated 30/9/13)

In Malaysia, typical bad resale value car have the following characteristics which are divided in 4 categories (in my book):

1) Most cars with Petrol 2.5L engine capacity and above (EXCEPT Mercedes Benz C-class and E-class). Why? EXPENSIVE Road tax, High fuel consumption fear. Also, for BIG car such as BMW 7-series, there's NO DEMAND for used ones as MOST of 7-series owners are RICH, hence few will BUY USED units.

2) LOOKS of the Car. Eg. POORLY Designed car such as Proton Juara. Few would buy a 4+2 seats (the 3rd row of seats are for KIDS as it is small, has minimal paddings and poor legroom. The car's like BRICK on wheels. Rear lights are placed VERY LOW and at the Bumper. Not practical. Engine's too small at 1.1L and underpowered... Another WIERD looking car's FIAT MULTIPLA. Another poor resale value car as it has NO Automatic gearbox and to many "WORLD's UGLIEST CAR". This is NOT my word, it's VOTED by many European and Malaysian (TORQUE MAGAZINE) Publications...

3) HUGE Discounts... How do you feel if you bought a newly launched car at RM165,000 in 2000 and the car's priced RM20,000 cheaper in 15 months time. PISSED right? Adding salt to the wounds, in 2003, the car had FURTHER Discounts of RM20,000 which makes it RM125,000.  Wait, I haven't finish, in LATE 2003, the car's renamed as a NAZA and another RM27,000 cheaper.  The result?
Resale Value badly affected. Which car is this? KIA Carnival/Naza Ria!

4) Image/Perception of the car brand. Malaysian tends to stereotype certain car brands. Eg. Alfa Romeo known for Overheating problems, Fiat is known as "FIX IT AGAIN TOMORROW", Citroen = Sit-tou-long (means rugi sampai habis), and Volvo = drinks petrol. FORD = FIX OR REPAIR DAILY, To them, most continential cars (Except Mercedes Benz) = high maintenence and spare parts costs. Own cars like Saab or Skoda typical Malaysian would question your taste or give bad comments...


I've compiled 25 worst resale value cars. BUT I'll only list out the top 10 which were very CHRONIC/SEVERE/TERUK Cases. The rest of the cars were pretty close and depreciated FAST but spread out in the span of 3 to 5 years... BUT these 10 LOST A HUGE Chunk of their VALUES at the 1st year itself... Here are the lists:

1) Chery A160 1.6 57% retained value in 1 year!
2) Chery Tiggo 58% retained value in 1 year!
3) Berjaya Changan  CV6 1.3 Hatchback 65% retained value in 1 year
3) CAM Placer Van (Hiace Knockoff) 65% retained value in 1 year
5) Chery Eastar 66% retained in 1 year
6) Mercedes S-class (S420 to S500L):  67% retained value in 1 year (SHOCKING BUT TRUE eg. S500L, new RM1,000,000.  1 year later: RM660,000).
6) BMW 7 series (730i and to 760LI).  ALSO 67% retained value in 1 year.  Eg. 730Li  New 680,000.  1 year later RM450,000.
6) Jaguar NEW XJ  (Also 67% retained value in 1 year)
6) ALL SUPERCARS (Ferrari/Lamborghini/Aston Martin/Bentley etc...  67% retained value in 1 year.
10)  Porsche Panamera, 911 and Cayenne (75% retained value in 1 year)

For the top 5, what to you expect?  ALL CONQUERED BY CHINA CARS!

FOR the LUXURY cars at No 6 to 10.  It's due to the PROHIBITIVE ROAD TAX Structure in our Boleh Land (Malaysia).  S500L roadtax is WHOOPING RM14,000 P.A.  (Doubled for Company registration = RM28,000 P.A.  Therefore, NO 2nd hand value.  SHOCKING but true.


As a comparison, see my previous topic: "Best resale value vehicles". The top 10 best resale value cars retained their value from 74% (Toyota Altis) to 80% (VW GTI) IN 3 YEARS!!! The 10 cars above RETAINED 57% to 75% of their resale value IN ONE YEAR!!! Again CHRONIC/SEVERE/"TERUK"/SAD Cases...

NOTE (17/1/07): These are "Volume sellers" (ie. "quite good selling" and easily available in the used market). There were brands like Fiats, Opels and Saabs and certain models such as Citroen C5, Alfa 166, Peugeot 607 which Resale value EQUALS or WORSE than the cars above, but they were RARELY AVAILABLE in the used market AND if you found one, the price will be DETERMINED by buyers itself (ie. No FIXED Value). (END OF NOTE)


Now will I fear of getting sued BY Berjaya Changan, Chery AND NAZA KIA? NO! I'm just reporting the facts based on my calculations. The Kias BELONGS to Category #3. It's caused by HUGE DISCOUNTS by NAZA-KIA itself. I pity those 1st batch Kia Optima buyers! They had to pay RM130,000, only to found that the SAME CAR costs RM27,000(!!!) LESS within 15 months!!!

That's all folks, thanks for having the time and patience to read this blog entry.  An original Jeff Lim's production.  My original work.  Not to be copied without credits or links.  COPY LIKE A MAN!  Don't Plagiarise!!!

PRESENTING: The top 30 best Vehicles Resale value

PRESENTING: The top 30 best Vehicles Resale value (updated 30/9/2013)


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. Mercedes Benz Malaysia (MBM)) 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) VW GOLF GTI 80%/(68%) AND VW POLO GTI 80%/(68%)
2) Honda Civic 1.8 IVTEC/2.0IVTEC 80%/75% (70%/65%)
3) Toyota Prius 1.8 Hybrid    80%/(*55%)   
[* = Pre-2011 costs RM165,000 hence higher depreciation]
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 74%/70% (64%/58%) 
8) Honda Jazz 1.5 IDSI/VTEC 74%/72% (66%)
10) Toyota Innova 2.0G 74%/(64%)
10)  Honda City 1.5 VTEC 74% (64%)
(Top 10)
12) Ford Fiesta 1.6S  74%/(62%)
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 70%/(58%)
18) Mazda 5 MPV: 70% (58%)
20) Honda Stream 70% (55%)
20)  Honda CRV 70% (55%) 
(TOP 20)

22) Mazda 3 1.6 & 2.0: 70% / (54%) AND Mazda 2 1.5 70% / (54%) 
23) Mazda 6 2.0 [2.5]%  70% [66%]/ (54%[50%])  
24)  Mercedes C200K/C250 69% (57%)
25) Nissan Frontier, X-trail and NAVARA 68% / (56%)
25) Proton Satria Neo 68%/(54%)
25) Perodua Viva 68%/54%
28) Hyundai Starex Royale 2.5 CRDi 67% / ( 55%)
28)  Hyundai Tucson - 2.0 67% (55%)
28) Kia Forte 1.6SX 4sp Auto 67% / (55%)
30) Honda Accord 2.0/2.4/3.5 V6 averaged among the 3 models = 67% (55%)


 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%)
- Chevrolet Optra 50% (35%) 
- Ford Focus 2.0 S - 64% / (48%)
- Mercedes E-class 64% / (50%)
- Nissan Teana 2.0/2.5/3.5 V6 averaged among 3 models = 67% (53%)
- Proton Savvy - 60% / (50%)
- Proton Saga BLM 60% / (50%)
- Waja Campro CPS: 60%/ (50% - CAMPRO)  

Note: 
1) Honda Insight launched in 2011.  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) 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) Mini Cooper/S/Clubman 75%/65%
2) Mitsubishi EVO 9 (8/7.5) -NA- 73%/(63%)
3) Honda Odyssey 70% (65%)
4) VW Beetle 2.0 70% (64%)
5) Toyota Wish: 70% (60%)
5) Toyota Mark X 70% (60%)
5) Subaru WRX STI Ver 8 70% (60%)
8) Toyota Harrier 2.4 67% (55%) 
9) Mazda RX8 and MX5 65% (57%)
10) Toyota Estima 63% (51%)
10) Toyota Alphard 63% (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: 30 Sept 2013, Proton Saga BLM revised, Persona revised, Toyota Prius, VW Golf GTI and Mitsubishi Lancer GT Added, Kia Forte, Mazda  6 2.5 and  Mazda 5 added.

LONGTERMER 5, Vol 3 - i10 200th day report

In this blog entry, I'm writing about my ownership experience of the Inokom Hyundai i10 1.25 Kappa CVVT. This is the 200th days report. As I'm typing this, Current mileage of the white Hyundai i10's slightly below 8000km.
How's the car?

  Yes, I'm VERY HAPPY with the Car. During the Raya break, I took this i10 1.25 Kappa CVVT to Port Dickson with 3 other passengers. The journey's a pleasant and comfortable one. Everyone except me feel asleep most of the journey TO and FROM Port Dickson.


 Above: TRUSTY OLD WAZE.  Highly recommended GPS Apps.



 Cheeky me even tried Hitting 165km/h TWICE (slowed down to 120km/h immediately after touching this speed) both occasions at Port Dickson Highway (to and from). At that speed, the car's VERY STABLE stayed PLANTED on the Road, only my front passenger woke up, the other 2 seated behind still Asleep. Note that Only engine noise level's up at that speed, Wind and Tyre noise's MINIMAL.  Hence, excellent NVH (Noise Vibration and Harshness). 

This is a SMALL A-segment car with C-segment like RIDE Quality. Besides the NVH, High speed stability, the Inokom i10 1.25 also excelled in FUN TO DRIVE FACTOR. The Handling of this car's INCREDIBLE. Thanks to the MDPS (Motor Driven Power Steering).

 After driving the comfortable i10. I NOT used to my Waja seating position AND HUGE TURNING CIRCLE. Always wondering "WHY THE SEAT's SO LOW???" and "Why WAJA Cannot U-turn (need 3 point turn) while my i10 can?"
THANKS TO HIGHER-than-normal-car seat configuration and 4.75m turning circle (Waja's HUGE 5.6 man!).

 LAST MONTH, I DISCOVERED that Hyundai i10's DISABLED friendly (especially for Wheelchair bound passangers) car when I fetched my 92 yrs old Granny to Clinic... In Hyundai i10, you "SIT naturally" and comfortably & transfer seamlessly - same level from wheelchair to the seat), unlike normal car (where your Butt sinks on the seat). It's because it's higher-than-usual Seating position.

 This car seating position's JUST NICE. Think CRV or KENARI seating position. Also, it's ULTRA-WIDE 80 degree Door Openings... The boot swallowed a Collapsable Wheelchair JUST NICE.

 Without further ado, Let's proceed to LOGBOOK:

 Mileage upon delivery: 0057km
Mileage last update: 4380km (as at June 15 2013)
 Mileage today: 7980km (as at 25 September 2013)
 Mileage done past 80 days: 3600km
Average mileage per month: 1200km
Average mileage per day: 39.8km

Purchase price: RM45,500 (cause Year Make 2012 registered 2013 March)
Current value: -NA-
Interest rate: 2.96% (PBB) for 36 months loan @ 20,000.
 Monthly RM604. (THE CORRECT ONE. Previous update's wrong)

 FUEL CONSUMPTION SO FAR:

 BEST: 15km/l OR RM0.125/km.
RM30 =  240km. Return trip PJ to PD only 1/2 tank.
 WORST: 8.6km/l or RM0.21/km. RM55 = 250km. 100% CITY (including 90 mins LDP Jam).

 COMBINED AVERAGE: 11.8km/l OR RM0.17/km

 Well there's a saying a picture's worth 1000 words. Enjoy the photos:
 Mileage when reached Port Dickson.


 Kept myself entertained and awake thanks to user friendly MP3/WMA player via USB.
 Above: DECENT SIZE BOOT.
 Above: Taken at the end of the Trip.

 That's all folks, thanks for having the time and patience to read this blog entry! An ORIGINAL Jefferson Lim's production! See You on December 15 for Volume 4. COPY LIKE A MAN, Don't plagiarise.

Wednesday, September 18, 2013

DAY to NIGHT ROAD TEST: Hyundai Sonata YF 2.4 Premium


In this blog entry, I'm writing about my Road test Experience of Hyundai Sonata YF FL 2.4
Premium.   The CBU-from-Korea Sonata YF's powered by i4 2359cc Twin-cam 16v THETA II Dual-CVVT generating 178ps@6000rpm horsepower and 228Nm@4000rpm torque.  The Engine's Co-developed with Mitsubishi and it's paired with Hyundai's OWN 6 speed Automatic gearbox with Paddle shift.

The 2.4 comes with larger 18" Alloy rims and 225/45R18 tyres (photo below) Versus 17" Alloy with 215/55R17 in 2.0 variants.


 Extra features of 2.4 Sonata Premium over Sonata 2.0 Nu D-CVVT other than the Rims and Tyres.

- Xenon HID and LED DRL (Day Running Lights)
- Front Passenger side Power driver seats (Driver only on 2.0)

- Dual Full Auto air-cond with Ionizer (Manual Air-cond on 2.0)
- Paddle shifters control
- 6 Intelligent Airbags (vs 2 airbags on 2.0)
- STANDARD 7" Touch Screen Navi+DVD+Bluetooth+Ipod with Reverse Camera.
(RM3,500 option on 2.0).

DRIVE TIME:

The Sonata 2.4 Premium Auto have OUTSTANDING Sound proofing with Magic carpet Comfort and silky smooth JUST RIGHT Handling.   Just right means Neither Hard Nor soft Handling.  It's beyond words.  Thanks to Upgraded Suspension called ASD (Amplitude Selective Dampers).  It's also very SOLID with Bigger car feel (think Hyundai Genesis).   The 6 speed Automatic Gearbox's super smooth and gear-changing often goes unnoticed.  Paddle shifter's LARGE, ergonmic and comfortable to shift.   

Please Come and test drive the Hyundai Sonata YF 2.4 THETA II Premium to agree with me.

FUEL CONSUMPTION (Hyundai Sonata YF 2.4 FC) wise, Mixed driving shows 9.3l/100km.  Ie. 55 litres of Full tank good for 500km. 

Power wise it's NOT G-force Powerful due to the NA (Naturally Aspirated) nature but it's Linear and smooth delivery.  It goes from 0-100km/h in 9.5 seconds only (tested by me) and top Speed 215km/h as tested by a Local Car Magazine.  It's More than adequate to move this 1.5 tonne car.  From tollbooth standstill to End of the road at NKVE Damansara toll towards Subang, it'll reach 130km/h.  Does it tell you the Power Delivery of this car? 

RATING: 9/10.   

Well there's a saying a picture's worth 1000 words.  Enjoy the gallery:

Taken Daytime:















END OF DAYTIME.  Start of Nightime:















END OF PHOTO Gallery.

Here's my advertisement description as seen in MUDAH and
Hyundai Sonata YF 15k overtrade + many more

You are looking at Hyundai Sonata YF FL 2.4 Premium OR Sport.

MERDEKA RAYA PROMO. FREE Road tax & Insurance and RM15,000 overtrade (RM20,000 TOTAL). While stock last.

Speaking of the 2.4 Premium, the THETA II engine's unchanged producing 178ps Max power and 228Nm torque. It now comes with the following changes:

1) 4 more Airbags (6 total),
2) Paddle shifter,
3) 2-zone Auto Climate Control with IONIZER,
4) Electric adjustable Driver AND Passenger front seats,
5) LARGER 18 inch rims and tyres.
6) Xenon HID with DRL
7) 7 inch DVD/GPS/Bluetooth/ Reverse Camera Touch Screen Player (TSP)
8) Better quality breathable Leather seats.

9) LUKAS Blackbox Driving Recorder.
OTR Price for 2.4 Premium ALL in After less 55% NCB Discount and SOME CASH REBATE IS RM151,888. Hence, this is the Cheapest D-segment Above 2000cc car compared to Teana 2.5/Mazda 6 2.5/Accord 2.4/Camry 2.5.  Please call 012-6852-718 for best service.


That's all folks, thanks for the time and patience to read this blog entry.  An original otoreview.my's Production by Jefferson Lim.