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:
