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Showing posts with label Best/worst resale value cars. Show all posts
Showing posts with label Best/worst resale value cars. Show all posts

Tuesday, December 18, 2018

WORST RESALE VALUE CARS (Updated 18/12/18)

WORST RESALE VALUE CARS (Updated 18/12/18)

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 2nd year itself... Here are the lists:

1) Great Wall Wingle - 58% retained value in 1 year!
2) Weststar G10 - 58% retained value in 1 year!
3)  BMW 7 series (740i and to 760LI).  60% retained value in 1 year.  Eg. 740Li  New 680,000.  1 year later RM400,000.
3) Berjaya Changan Van 63% retained value in 1 year
5) CAM Placer Van (Hiace Knockoff) 65% retained value in 1 year
5) Isuzu MU-X - 65% retained in 1 year (trade in 110,000 only!!!)
5) Land Rover Range Rover (Also 65% retained value in 1 year)
5) Any Jaguar (also 65% retained value in 1 year)
8) Mercedes CL and S-class (especially S500L):  67% retained value in 1 year (SHOCKING BUT TRUE eg. S500L, new RM1,000,000.  1 year later: RM660,000). {-BASICALLY APPLIED TO ALL CARS 3500cc and ABOVE}
10) Peugeot 408 and 508: 68% retained value in 1 year

For the top 4, what to you expect?  ALL CONQUERED BY CHINA CARS!  No.5 Isuzu is Based on True story.  Customer bought RM180,000.  After 1 year trade in 110,000 only.
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 71% (Toyota Altis) to 78% Perodua MYVI) IN 3 YEARS!!! The 10 cars above RETAINED 57% to 70% 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, Isuzu, Great wall? 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!!!

The top 40 best Vehicles Resale value (updated 18/12/2018)


PRESENTING: The top 40 best Vehicles Resale value (updated 18/12/2018)


NOTE 18/12/18: 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.  

Don't be fooled by Mudah or Carlist Used car dealer lowish price.  Eg. They advertised RM50,000 for a 2015 Elantra.  But, in reality, the car's 2014 YM (declared 1 year newer), need to add RM3800 "football money" (typically) + insurance.  So on a save side Prepare at least 5k-6k on top of advertised fee.  If you want to avoid this, try buy from Direct buyer.

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, Carlist, 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/7 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.

NEW for 2018.  7 years depreciation / retained value.

NOTE: Overall Peugeot, Hybrids, VW and Proton experienced dropped in their resale value. 

Hybrids because fear of Battery replacement and reliability concerns.  And dragged down by Used car dealers.  They "scare" hybrid owners to trading in for say RM30,000 but resell at much higher price.

Peugeot and VW's because of their Poor after-sales and perceived Mechanical Issues. 

Also, due to demands by Grab Drivers and proven reliability, Hyundai Starex  Resale value improved by 5-10% depending on Specs.

 Biggest winners are Honda.  All Honda models have improvements in their Resale Value. 

In fact, Honda Civic FD2R Type-R hardly depreciates.  7 years still holds 75% retained value.


{0%} = LAST YEAR % depreciation and Ranking

[#1] = Last year ranking
NEW JOINT WINNER OF THE BEST RESALE VALUE CROWN!!!  Honda Civic Type-R and Perodua MYVI!
Photo source: Carlist.my.

Ranking.......Make/Model.........3 yrs (5/7 yrs) 

1) [NA] Honda Civic FD2R Type-R    -NA-/-NA-/70% (official import ends 2011)
(NO.1 for 7th year depreciation)
1) [#3] Perodua MYVI Lagi Best: 78%/64%/54%  (No.1 for 3 years depreciation)

1) [#1] Honda City 1.5 IVTEC - 78%(65%/53%) (no 1 for 5 years depreciation)
(No.1 for 3 years depreciation)
2) [#4] Honda Jazz 1.5 VTEC 75%/74%(64%/52%) {74%/74% (66%)}
3) [#2] Honda Civic 1.8 IVTEC and 2.0IVTEC 70%/70%(66%/66%/56%/56%) 
(2nd for 5-7 years depreciation.  In fact Civic FD 2011 same RV as Civic FC 2013 due to higher demand)
4) [#7] Toyota Hilux 2.5D4D and Fortuner 75% / (63% / 57%)
4) [#16] Toyota Vios 1.5 - 75%/63%/57%)
4) [#12]  Perodua ALZA 75%/63%/57% (Thanks to Grab driver demand)
9)  [#6] Toyota Innova 2.0G and Avanza 73%/(61%/51%) 
9) [#13] Mitsubishi Lancer GT and Triton 73%/(60%/50%) {=}
10)  [#28] Hyundai Starex Royale 2.5 CRDi 73% / ( 63%/53%) 

-TOP 10-

12) [#16] Nissan NV200 /C22 Vannete 72% /63% /57%{=}
(No.3 for 5 and 7 years depreciation)
13) [13] Proton Inspira 70%/(62%/54%) {74/62%}
14 [#14] Toyota Altis 70%/(60%/52%)  {70% (60%)}
15) [14] Suzuki Swift 1.5 70%/60%/50% 
16) [#NEW] Honda CR-Z: -NA-% (58%/50%)
16) [#16]  Honda CRV 70% (58%/50%) (Unchanged)
16) [#16] Ford Ranger 70%/(58%/50%) {70% (52%)}
19) [#NEW] Nissan Almera 1.5  70% (58/46%)
20) VW POLO / Vento - 70%/(58%/46%) 
20) [#20] VW GOLF GTI 70%/(56%/46%)

-TOP 20-
22) [#24] Mercedes C200/C250 68% (55%/49%) 
23) [#8] Toyota Camry 2.0G/2.4 VVTI 70%/(56%/48%)   / 66%/(52%/44%) [68% (54%/46%) average]

24) [25] Hyundai i10 1.25 and i30 1.8 (68%/54%/44%) {Unchanged}
25) [#22] Mazda 2 1.5 and Mazda 3: 68%/(50%/40%) 
26) [NEW ENTRY] Hyundai Elantra 1.6/1.8 - 67%/55%/47%
26) [#27]Kia Cerato/Forte 1.6SX 4sp Auto 67% / (55%/47%) {Unchanged}
28) [#18] Nissan Frontier and NAVARA (67%/55%/47%)
28) [NEW] Nissan X-trail 67%/55%/47%
30) [#31] Honda Accord 2.0/2.4 - 65/63%/(55%/53%/45/43%) {averaged = 67% (55%/44%)}
TOP 30

31) [NEW] Subaru XV - 65%/(53%/-NA-%)
32) [#23] Mazda 6 2.0 [2.5]%  65%[62]/50%/42% 
33) [NEW] Volvo V40 T4/T5 - 65%/49%/NA 
34) [#28] Hyundai Santa Fe and Tucson - 2.0 - 64%/(50%/40%) 
34) [35] Nissan Teana 2.0/2.5/3.5 V6 averaged among 3 models = 64% (50%/40%)
34) Toyota Prius 1.8 Hybrid and LEXUS CT200 Hybrid  -NA-%/(50%/44%)
37) [36] Mercedes A-class 64% / (48%/42%)
38) [NEW] Proton Exora - 64%/54%/44%
39) [NEW] Proton Persona and Saga BLM - 63% / (53%/43%) {NEW ENTRY}
40) [NEW] Hyundai Sonata and Kia Optima K5 - 63%/51%/43%

TOP 40...


 OTHERS (Selected) - (5 yrs retained value in bracket)


- BMW 3-series Coupe [63%/(53%)] and BMW 325i CKD 55%/(45%) = Avg: 59% (49%) 
- BMW 5 series 55% (45%)

- Renault Fluence: 58%/50%/NA

- Peugeot 308 VTI/TURBO 50% / (40%/32%)
- Peugeot 508 1.6 THP  53% /43/35%
- Peugeot 3008 50%/40%/30%
- Peugeot 5008 57%/42%/30%
[NEW] Peugeot 408 1.6 THP 54% / 44% / 37%

Note: 
1) Persona, Saga BLM 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 2000 Wira 1.6, 2004 Gen-2 OR 2003 Waja 1.6 for 6,000 as it STOPPED Depreciation).  Last 4 years also costs RM6000.

2) Hyundai Starex, Toyota Avanza, Perodua Alza, Nissan Almera, Toyota Vios and Proton Exora 
Huge improvement in RV due to GRAB drivers demand.

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/Countryman 75%/65/55%
1) Toyota 86/Subaru BRZ   75%/(65%/-NA-)
3) Honda Odyssey/Stream (recond) 70% (65%/55%)
4) Porsche Cayman 70% (64%)/52%
5) Toyota Wish: 70% (60%)/52%
5) Toyota Mark X 70% (60%)/52%
5) Subaru WRX STI  - 70% (60%)
8) Toyota Harrier 2.4 67% (55%/49%) 
9) Mazda MX5 65% (57%)/50%
10) Toyota Estima 63% (59% for a recond 5yrs old)/47% (for used 7 years old)
10) Toyota Alphard 63% (59% for recond 5 yrs old)/47% (for used 7 years 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…

Wait till you see the WORST Resale value car.  Click on the link Below:

Tuesday, December 22, 2015

Presenting: Top 40 best vehicles resale Value (updated 22/12/15)

PRESENTING: The top 40 best Vehicles Resale value (updated 22/12/2015)


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/7 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.

NEW for 2015.  7 years depreciation / retained value.

NOTE: Overall Toyota, VW and Proton experienced dropped in their resale value. Toyota because of New Generation Altis and Vios, hence used prices dropped.  No changes in Avanza, Fortuner and Innova (YAWN!). Also, the Camry's 1 step backwards. 

Proton case have themselves to blame due to launch of SV models.  VW's because of their Poor after-sales and DSG Issues.  Biggest winners are Honda.  All Honda models have improvements in their Resale Value.

In fact, Honda Civic FD2R Type-R hardly depreciates.  7 years still holds 75% retained value.


{0%} = LAST YEAR % depreciation and Ranking

[#1] = Last year ranking
NEW WINNER OF THE BEST RESALE VALUE CROWN!!!  Honda Civic Type-R!
Photo source: Carlist.my.

Ranking.......Make/Model.........3 yrs (5/7 yrs) {last year}

1) [NA] Honda Civic FD2R Type-R    -NA-/85%/75% (official import ends 2011)
(NO.1 for 5th and 7th year depreciation)
1) [#1] Honda City 1.5 IVTEC - 77%(65%/53%) {74% (64%)}
(No.1 for 3 years depreciation)
2) [#4] Honda Jazz 1.5 VTEC/Hybrid 75%/74%(64%/52%) {74%/74% (66%)}
3) [#10] Perodua MYVI 1.3 SX/EZ: 74% (Lagi Best)/60%/50% {76%/75%/ (66%/65%)}
4) [#2] Honda Civic 1.8 IVTEC and 2.0IVTEC 70%/70%(66%/66%/56%/56%) {80%/75% (70%/65%)}
(2nd for 5-7 years depreciation)

5) [#3] Toyota Prius 1.8 Hybrid and LEXUS CT200 Hybrid  75%/(63%/NA) {80%/(55%)}
5) [#7] Toyota Hilux 2.5D4D and Fortuner 75% / (63%)
7) [#20] Honda Stream 75%/60%/52% {75% (60%)}
8)  [#6] Toyota Innova 2.0G 73%/(61%/51%) {75%/(63%)}
9) [#13] Mitsubishi Lancer GT and Triton 73%/(60%/50%) {=}
10)  [NEW ENTRY] Mazda CX5 2.0 72%/64%/NA 

-TOP 10-

11) [#16] Nissan C22 Vannete 71% (63%/57%) {=}
(No.3 for 5 and 7 years depreciation)
12)  [#25] Perodua Viva 1.0EZ and ALZA 72%/53%/47% {74%/55%}
13) [9] Proton Inspira 70%/(62%/54%) {74/62%}
14 [#14] Toyota Altis 70%/(60%/52%)  {70% (60%)}
15) [14] Suzuki Swift 1.5 70%/60%/50% {73% / (63%)  #14}
16) [#15] Mazda 5 MPV: 70% (58%/50%) {= #18}
16) [#20]  Honda CRV 70% (58%/50%) {70%/55%}
16)  [#20] Toyota Vios: 70%/58%/50%  {68% (58%)}
16) [#16] Ford Ranger 70%/(58%/50%) {70% (52%)}
20) [#5] VW POLO GTI 70%/(58%/46%) {75%/(63%)}
20) [#1] VW GOLF GTI 70%/(56%/46%) {80%/68%)}
-TOP 20-

22) [#12] Ford Fiesta 1.6S  68%/56/NA% {74%/(62%) #12}
23) [#24] Mercedes C200K/C250 68% (55%/49%) {69% (57%) #24}
24) [#23] Toyota Avanza: 68%/54%/46%  {Unchanged } 
24) [#8] Toyota Camry 2.0G/2.4 VVTI 70%/(56%/48%)/66%/(52%/44%) [68% (54%/46%) average]{74%/(64%)/70%/(58%)}



26) [23] Hyundai i10 1.25 (68%/54%/44%) {Unchanged}
27) [#22] Mazda 3 1.6 and 2.0 + Mazda 2 1.5: 68%/(50%/40%) {70% / (54%) AND Mazda 2 1.5 70% / (54%) #22}
 28)[#27]  Hyundai Starex Royale 2.5 CRDi 67% / ( 55%/45%) {Unchanged}
28) [#28]Kia Forte 1.6SX 4sp Auto 67% / (55%/47%) {Unchanged}
30) [#18]Nissan Sylphy 66%/54% {70%/(58%)}
31) [30] Honda Insight Hybrid 65%/55%/(NA)


31) [#31] Honda Accord 2.0/2.4 65/63%/(55%/53%/45/43%) {averaged = 67% (55%/44%)}
31) [#25] Nissan Frontier, X-trail and NAVARA 65%/(53%/47%) {68% / (56%)} 
34) [#23] Mazda 6 2.0 [2.5]%  65%[62]/50%/42% {70% [66%]/ (54%[50%]) #23 }
35) [#28] Hyundai Tucson - 2.0 64%/(50%/40%) {67% (55%) #28}
35) [33] Nissan Teana 2.0/2.5/3.5 V6 averaged among 3 models = 64% (50%/40%) (Unchanged from last year)
37) [#25] Proton Satria Neo 64%/(48%/42%) {68%/(54%) #25}
37) [36] Mercedes E-class 64% / (48%/42%)
39) [36] Ford Focus 2.0 - 64% / (48%/40%)
49) [NEW] Proton Preve - 60% / (50%/40%) {NEW ENTRY}
40) [NEW] Persona/Gen2: 60%/50%/40% {62%/ (50%) - NEW ENTRY}
(Caused by new Proton SV Price Slashing, hence RV affected)


 OTHERS (Selected) - (5 yrs retained value in bracket)


- BMW 3-series Coupe [63%/(53%)] and BMW 325i CKD 55%/(45%) = Avg: 59% (49%) 
- BMW 5 series 55% (45%)
- Chevrolet CRUZE 50% (35%) 
- Proton Saga BLM 55%/45%/41% {60% / (50%) }
(Caused by Proton Saga SV, price slashing, affects RV)
- Peugeot 308 VTI/TURBO 50% / (40%/32%)
- Peugeot 508 1.6 THP  58% /48/38%
- Peugeot 3008 50%/40%/30%
- Peugeot 5008 57%/42%/30%
[NEW] Peugeot 408 1.6 THP 59% / 49% / 37%

Note: 
1) Persona, Saga BLM 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 1997 Wira 1.6 for 6,000 as it STOPPED Depreciation).  Last 4 years also costs RM6000.

3) Peugeot 308VTI / 308 Turbo / 508 / 3008/ 5008 Updated

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%/65/55%
2) Mitsubishi EVO       73%/(63%/57%)
3) Honda Odyssey 70% (65%/55%)
4) VW Beetle 2.0 70% (64%)/50%
5) Toyota Wish: 70% (60%)/52%
5) Toyota Mark X 70% (60%)/52%
5) Subaru WRX STI Ver 8 70% (60%)
8) Toyota Harrier 2.4 67% (55%/49%) 
9) Mazda RX8 and MX5 65% (57%)/50%
10) Toyota Estima 63% (59% for a recond 5yrs old)/47% (for used 7 years old)
10) Toyota Alphard 63% (59% for recond 5 yrs old)/47% (for used 7 years 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…

Wait till you see the WORST Resale value car.  Click on the link Below:
WORST RESALE VALUE 2015

WORST RESALE VALUE CARS (Updated 22/12/15)

WORST RESALE VALUE CARS (Updated 22/12/15)

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 Van 65% retained value in 1 year
3) CAM Placer Van (Hiace Knockoff) 65% retained value in 1 year
5) Great Wall Wingle 66% retained in 1 year
6) Jaguar NEW XJ  (Also 67% retained value in 1 year)
6) TATA Telcoline (also 67% retained value in 1 year)
6) Mercedes S-class (especially 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 (740i and to 760LI).  ALSO 67% retained value in 1 year.  Eg. 740Li  New 680,000.  1 year later RM450,000.
10) Chery Eastar: 70% 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 70% 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, Great wall? 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!!!

Friday, October 31, 2014

PRESENTING: The top 40 best Vehicles Resale value (Updated 31/10/14)

PRESENTING: The top 40 best Vehicles Resale value (updated 31/10/2014)


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.

NOTE: Overall Toyota, VW and Proton experienced dropped in their resale value. Toyota because of New Generation Altis and Vios, hence used prices dropped.  No changes in Avanza, Fortuner and Innova (YAWN!). Also, the Camry's 1 step backwards. 

Proton case have themselves to blame due to launch of SV models.  VW's because of their Poor after-sales and DSG Issues.  Biggest winners are Honda.  All Honda models have improvements in their Resale Value.


{0%} = LAST YEAR % depreciation and Ranking

[#1] = Last year ranking
NEW WINNER OF THE BEST RESALE VALUE CROWN!!!  Honda City!



1) [#10] Honda City 1.5 IVTEC - 77%(65%) {74% (64%)}
2) [#2] Honda Civic 1.8 IVTEC and 2.0IVTEC 75%/(65%) {80%/75% (70%/65%)}

2) [#3] Toyota Prius 1.8 Hybrid and LEXUS CT200 Hybrid  75%/(65%) {80%/(55%)}
4) [#8] Honda Jazz 1.5 VTEC/Hybrid 75%/74%(64%) {74%/74% (66%)}
5) [#1] VW POLO GTI 75%/(63%) {80%/(68%)}
6) [#10] Toyota Innova 2.0G 75%/(63%) {74%/(64%)}

7) [#20] Honda Stream 75%/60% {70% (55%)}
7) [#5] Toyota Hilux 2.5D4D and Fortuner 75% / (60%) {=, (Unchanged vs last year)}
9) [NEW] Proton Inspira 74%/(62%) {NEW ENTRY}
10) [#4] Perodua MYVI 1.3 SX/EZ: 74% (Lagi Best)/60% {76%/75%/ (66%/65%)}
10) [#13] Mitsubishi Lancer GT and Triton 74%/(60%) {=}
(Top 10)
12) [#25] Perodua Viva 1.0EZ and ALZA 74%/55% {68%/54%}
13) [#16] Nissan C22 Vannete 71% (63%) {=}
14) [=] Suzuki Swift 1.5 70%/60% {73% / (63%)  #14}
14) [#15] Toyota Altis 70%/(60%)  {72% (62%) #15}
16) [#18] Mazda 5 MPV: 70% (58%) {= #18}
17) [#1] VW GOLF GTI 70%/(56%) {80%/68%)}
18) [#20]  Honda CRV 70% (55%) { = #20}
18) [#16] Ford Ranger and Everest 70%/(*52%) {71% (63%)}
(*previous generation)
20) [#5] Toyota Vios: 68%/58%  {75% (65%)}
(Dropped because of New Generation Vios)
 21) [#12] Ford Fiesta 1.6S  68%/56% {74%/(62%) #12}
22) [#24] Mercedes C200K/C250 68% (55%) {69% (57%) #24}
23) [#5] Toyota Avanza: 68%/54%  {75% (65%) } 
23) [#8] Toyota Camry 2.0G/2.4 VVTI 70%/(56%)/66%/(52%) [68% (54%) average]{74%/(64%)/70%/(58%) #8}



23) [NEW] Hyundai i10 1.25 (68%/54%) {New Entry}
26) [#22] Mazda 3 1.6 and 2.0 + Mazda 2 1.5: 68%/(50%) {70% / (54%) AND Mazda 2 1.5 70% / (54%) #22}
 27)[#28]  Hyundai Starex Royale 2.5 CRDi 67% / ( 55%) {Unchanged #28}
27) [#28]Kia Forte 1.6SX 4sp Auto 67% / (55%) {Unchanged #28}
29) [#18]Nissan Sylphy 66%/54% {70%/(58%) #18}
30) [NEW] Honda Insight Hybrid 65% (NA)


31) [#30] Honda Accord 2.0/2.4 65/64%/(55%/54%) {averaged = 67% (55%) #30}
32) [#25] Nissan Frontier, X-trail and NAVARA 65%/(53%) {68% / (56%) #25} 
33) [#23] Mazda 6 2.0 [2.5]%  64%/50% {70% [66%]/ (54%[50%]) #23 }
33) [#28] Hyundai Tucson - 2.0 64%/(50%) {67% (55%) #28}
33) [NEW] Nissan Teana 2.0/2.5/3.5 V6 averaged among 3 models = 64% (50%)
36) [#25] Proton Satria Neo 64%/(48%) {68%/(54%) #25}
36) [NEW] Ford Focus 2.0 - 64% / (48%)
36) [NEW] Mercedes E-class 64% / (48%)
39) [NEW] Proton Preve - 60% / (50%*projected) {NEW ENTRY}
40) [NEW] Persona/Gen2: 60%/50% {62%/ (50%) - NEW ENTRY}
(Caused by new Proton SV Price Slashing, hence RV affected)
40) [NEW] Peugeot 508 1.6 THP 60% / 50%

 OTHERS (Selected) - (5 yrs retained value in bracket)


- BMW 3-series Coupe [63%/(53%)] and BMW 325i CKD 55%/(45%) = Avg: 59% (49%) 
- BMW 5 series 55% (45%)
- Chevrolet CRUZE 50% (35%) 
- Proton Saga BLM 55%/45% {60% / (50%) }
(Caused by Proton Saga SV, price slashing, affects RV)

NEWLY ADDED:

- Peugeot 308 VTI/TURBO 50% / (40%)
- Peugeot 508 1.6 THP 60% / 50%
- Peugeot 3008 50%/40%
- Peugeot 5008 57%/42%

Note: 
1) Persona, Saga BLM 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 1997 Wira 1.6 for 6,000 as it STOPPED Depreciation).  Last 4 years also costs RM6000.

3) Peugeot 308VTI / 308 Turbo / 508 / 3008/ 5008 Updated

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      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: 31 October 2014, All model revised.  Peugeot family added, Hyundai i10 1.25 added.