Is resale value really that important?

[MAXBUWAYA]

personally for me Korean Cars have earned my respect. (Except daewoo aka Chevy and some koreans doing business here hehehehe)


From stories here and some people i know who has korean cars, their happy with it lalo na sa aftersale service

Korean car aftersale service are better with toyota and honda if I compare my experience with them.

[swordsman]

Important kasi if you don't wanna keep your car for a long long time. Majority ng mga potential buyers mo, mga misinformed about the much improved quality of today's non-japanese brands (i.e. Kia & Hyundai).

[mike01]

may reason naman kung bakit mataas ang resale value ng isang item (not just car), a reason for this is demand due to availability of cheap "durable, long lasting" parts, and easy repairs..

syempre kung 2nd hand yan expected na may sira yan...so sino ang bibili nyan kung walang available parts at mahirap ayusin di ba?

its a law of supply and demand.. as for me lang kahit na siguro wala akong balak ibenta ang kotse na bibilhin ko ng brand new, mas pipiliin ko pa din yung mataas ang resale value.. e kase mas matagal ko itong magagamit.. kahit na abutin ng 20 years nasa akin pa din.. since madami syang parts at madali ang repair..

---

pero in terms sa kia pride.. yes ok din naman ang kia pride.. although the only problem is madali masira yung mga shocks at pang ilalim nya.. so in essence mura at marami ang parts nya pero frequent repair naman.. so dun ka na sa matibay tibay na parts.. in the long run mas nakatipid ka..

--

as for me .. wala akong kotse, pera na experience ko yan sa cellphone.. nung masira yung sony ericsson ko di ko mapa repair, till naging paperweight na sya.... pero yung nokia kahit kupas na madaling ayusin at palitan ang cover.. mukhang bago uli.. so kaya naman mahal ang resale ng nokia..

[mike01]

if you look at it. yung mga brand new korean cars like getz and picanto are not really cheap ha.. they are sold at almost the same price as a brand new vios.. tapos anliit pa..

what do they think about themselves? toyota? before sana sila mag presyo ng ganun kataas sa mga brand new car nila e they should try to win the consumers muna, like toyota.. e halos di pa nila mapantayan ang dami ng toyota cars sa kalsada nagtaas agad sila ng presyo..

so in essence, and in short, korean cars does not have low resale value.. its just that their brand new selling price is way TOOOO OVERPRICED..

a picanto or getz should not sell more than 390k.. si pa sila accepted ng karamihan (like toyota) nagtaas agad sila

[Horsepower]

It's a marketing technique i think plus the high taxes here.

Masyado mahal talaga dito Korean cars.

But we're ok with it. we spent more than 1.5M on the SantaFe, we're thinking of spending 2.7+M on the Veracruz, and around 1.5M+ for KIA Sorento CRDi VGT. hehehehehe. Resale value is the least of our priorities. What matters is how the car performs while it's with us.

Taas ng ng resale value, para ka namang nakasakay sa vibrator everytime ginagamit mo e for me, wag na lang. I care a LOT for comfort.

Yung Toyota, kaya marami syang parts is because favorite sya ng carnappers at sobrang dali nyang nakawin. That's a good and a bad thing. Good because pag may nasira sa toyota mo, madali kang makakakuha ng parts, yun nga lang, very high chances na nakaw yon, which is bad.

Koreans are often equipped with deadlocks and immobilizers. something that's standard with most German cars. Eh sa jap? usually it's not even an option, kung meron man sa mga very high end models na.

[mike01]

base it here. reliability survey..

http://www.jdpower.com/corporate/new...asp?ID=2006133


on the charts.. kia and hyundai are way below the industry average..

honda and toyota up there on top (toyota number 5)

so to buy a 500k kia picanto as against a 530k vios.. i guess the decision is all clear.. mayaman at mapera ka pag bumili ka ng kia picanto..


that is why korean cars have low resale value..

[coiter]

[QUOTE=mike01;808913]so to buy a 500k kia picanto as against a 530k vios.. [QUOTE]

hehe sorry can't help to comment but you compared the top of the line picanto vs the bare bones vios. kung bare vs bare its around 420k vs 530k. 110k is big if you're on a real tight budget. kung top vs top almost 200k difference. kung top vs bare mas madami sigurado amenities ng former for still a cheaper price. similarly, cheaper pa rin ang tucson sa crv or rav4.

had a similar dilemma before. i had to choose between the base model 'high-resale value' brand and the top of the line 'not too popular' jap brand for the same price. i chose the latter. and i never regretted it.

anyway, kanya kanya lang namang priorities e. peace! =D

[oldblue]

honda and toyota up there on top (toyota number 5)

so to buy a 500k kia picanto as against a 530k vios.. i guess the decision is all clear.. mayaman at mapera ka pag bumili ka ng kia picanto..


that is why korean cars have low resale value..

yes I have to agree with this. those of us who buy kia/hyundai probably dont care about resale value. we are like rich people who take big risks.

but we care more 'bout the savings while using the korean car.

1. low profile sya sa kalsada. less expenses on locking mechanisms (imagine a spare tire lock worth 3k sa goon squad). less ang chances ma-carjack, matutukan. peace of mind ika sa caltex commercial, priceless.

2. cheaper spare parts and accessories: "we can always argue sa banawe, ano ka ba naman hindi naman toyota/honda tsikot namin, hyundai lang 'to, bigyan mo pa ng discount? that explains why my discount nakuha ng driver namin yun plate covers, and floor mats and backup sensor

3. negotiable ang insurance. eto ang da'best. would you believe our Starex has only less than 30k annual insurance. ngaun civic ata ganyan na eh

4. we are treated like VIP royalty sa CASA. kasi korean dealers are more aggressive than the jap dealers. importante kami sa kanila, walang ere sa katawan.

so is resale value impt? probably pero low acquisition din naman kami so ok lang magbaba ng resale.

dual airbags, abs dont count pag nagbebenta ka na whether it's jap or korean. crv's and rav4's are 200-400T more expensive than korean suv's just because they have additional airbag and ABS.

yan ang do the math. i'm sure pag binenta ang model 06 tucson vs. 06 crv, 100k difference lang yan.

[cardo]

i think we need to think like car insurers, banks and the dealers(who accept trade in for cars) on how they evaluate and compute for depreciation and present value of a car in relation to time and usage...

[mike01]

parang mali ata yung reason na kaya ako bumili ng ganyang kotse kase di sya ninakaw dahil walang may gusto.. e di wala ding may gustong bumili pag ibenta mo??

di ba kaya nga may insurance?
----------------------------------

lets keep in mind that a car that we buy is not really ours.. parang inarkila lang natin yan.. pero nagdeposit tayo ng pera, which after we use the car pwede na din natin ilipat sa iba at makuha natin yung deposit na pera natin..

so in essence ASSET yan..it goes to our asset column..

di mo masabi na forever mo magagamit yang kotse na nabili mo.. pano kung nalipat ka ng trabaho sa ibang bansa o sa malayong probinsya? o nangailangan ka ng pera? so dyan papasok yung resale value nung kotse.. para makuha mo uli yung pera na na deposit mo..