Is resale value really that important?

[froshie1]

people who value their money do their research and math

eto kaunting basa lang
kung bibili ka ngayon ng top of the line sentra 1.6 AT P815,000
yung toyota 1.6 AT 854,000,

39K difference

lets look at a 5 year old sentra and corolla
2002 sentra 1.6 AT 350,000
2002 corolla 1.6 AT 400,000, meron pa ngang 375K hindi ka pa natawad niyan ha

kung i time deposit/invest mo kaya yung difference nila after 5 yrs, break even lang sa depreciation baka kumita ka pa, so driving experience na lang ang pinakamagandang gauge mo pagbili ng oto, yung nissan nga pala abs na tsaka leather seats yung corolla drum sa likod he he

dun sa thread starter kung binili mo yung best car para sa iyo hindi ka tatablan nung mga nangmamaliit sayo, ako I have a 92 car computed ko na cost of ownership ko on P/km basis kaya nangigiti na lang ako sa mga kasama kong engr dito na nag loan pa ng bagong car knowing na hindi naman nagkakalayo sweldo namin but their spending more just to get from A to B,

ayan oh magandang example. false sense of security and investment ang resale value. maganda talaga humanap ka ng sasakyan na swak na swak sa budget at sa pagmemaintain ng sasakyan. once na magkasasakyan ka na maski ito pa iyong "pinakamalaking resale value" ay mayron ka ng hole sa bulsa mo.

ang resale value dinedictate lang ng supply and demand. Additional 50kphp kung hindi ito maluwag sa budget mo eh hahaha mahirap kitain. kahit ano pang amount yan pag hindi maluwag sa budget mo lalo na pag nakatira ka sa Pilipinas mahirap kitain.

[BlueBimmer]

resale value is important for me coz i cant see myself driving the same car for 10yrs or more, thats why for my crv replacement i am considering another honda...

1st priority, i should at least like the car inside and out.
2nd, resale value.
3rd, acceptable price range.

[mike01]

yung picanto na 2nd hand ang normal price talaga nyan e 280k lang, eto yung mga 2005 model and older ha.. meron kase mga nagbebenta nyan na makakapal, ang purchase price ng brand new e 350k lang tapos binebenta ng 300-320k.. duh..

so if ever wait na lang kayo ng 2nd hand picanto.. mga 250k meron na yan..walang resale value yan.. otherwise kung 300k din ang bentahan nya mag vios na lang kayo.. 380k makakuha kayo ng used vios..

[SNAKE V6]

For me I really don't care bout the resale value, nor the mileage I put on the car. I'll drive it from east coast to west coast and back if I had the time. Tinatanggal ko rin mga plastic sa upuan at sidings. Kaya mo nga binili yun to utilize and enjoy at the same time. Why would I save the new look for the next owner? If someone will get it dirty, it's me cause I'll shoulder the biggest depreciation.

Honda and Toyota's high resale values is not only true in the Phils, it'd true in the states as well. Because of it's perceived reliability. Buy a used car magazine and you can compare the resale values based on the car's brand/nationality.

[compact]

yung picanto na 2nd hand ang normal price talaga nyan e 280k lang, eto yung mga 2005 model and older ha.. meron kase mga nagbebenta nyan na makakapal, ang purchase price ng brand new e 350k lang tapos binebenta ng 300-320k.. duh..

so if ever wait na lang kayo ng 2nd hand picanto.. mga 250k meron na yan..walang resale value yan.. otherwise kung 300k din ang bentahan nya mag vios na lang kayo.. 380k makakuha kayo ng used vios..

bro, bakit kung magsalita ka laging patama sa picanto? at kung magsalita ka parang authority ka sa kotse, e wala ka naman kotse in the first place. matanong ko lang. ang assumption ko din kung ala ka ride, hindi ka rin nagmamaneho not unless may nahihiraman ka o issue kaya sa iyo. siguradong sigurado ka talaga na walang resale value ang picanto at hindi reliable ang kia, at ang basis mo lang ay mga natatanong mong taxi driver, etc. ala ka namang first hand experience tungkol sa kotse lalo na kia or any korean car for that matter.

[compact]

ot: matanong ko na din, ikaw ba yung sinipa sa picanto forum not so long time ago for flaming? mike din kasi handle non, if yes, kaya naman pala, if no, pakisagot na rin yung above post ko....

[mike01]

bro, bakit kung magsalita ka laging patama sa picanto? at kung magsalita ka parang authority ka sa kotse, e wala ka naman kotse in the first place. matanong ko lang. ang assumption ko din kung ala ka ride, hindi ka rin nagmamaneho not unless may nahihiraman ka o issue kaya sa iyo. siguradong sigurado ka talaga na walang resale value ang picanto at hindi reliable ang kia, at ang basis mo lang ay mga natatanong mong taxi driver, etc. ala ka namang first hand experience tungkol sa kotse lalo na kia or any korean car for that matter.

di lang yun..pati driving schools na natanong ko..pati nga yung driving instructor ko ngayon he just quoted earlier "pag bumili ka ng kia dapat brand new"

wala namang masama daw sa kia.. yun lang pag bibili ka nun dapat brand new.. forget about used kia's .. sayang bibili nga sana ako ng 2nd hand kia picanto..pero i changed my mind after things i have been hearing from people.. and these people are experts in cars.. i take their word..

[mike01]

ot: matanong ko na din, ikaw ba yung sinipa sa picanto forum not so long time ago for flaming? mike din kasi handle non, if yes, kaya naman pala, if no, pakisagot na rin yung above post ko....

madami pong mike.. at siguro di lang naman nag iisa ang negative comments sa mga kia or korean cars.. di po ba? kitam may iba pa palang ganun.. pero i have nothing against kia or korean cars.. di ba mas ok nga kung may good competition? gusto ko din i support ang ibang car manufacturers although yun lang talaga i value money..pinaghirapan ko kase yan..sayang naman kung makakabili ako ng mababa ang resell value..

[niky]

And... did you actually ask owners of Kia Picantos? Or you take the words of these "experts" who've never actually owned or maintained one? As many of us have stressed many times in this topic... the reputation of Korean cars is built on "kuwentong kutsero"... based on secondhand and thirdhand experiences with old Korean cars. (I've seen some of those problems firsthand with old Korean vans.)

But this is from taxi fleets and driving schools, where vehicles are often bought secondhand and are abused at work... they can break even the "unbreakable".

I have coworkers who own rental vehicles. I've heard of two Hiaces and three Urvans (new ones, at that) that have popped their engines. Does that mean that all Toyota and Nissan diesels are unreliable? Ask those drivers, and they'll probably say so...

We have Picantos approaching three years of age already, and most owners seem very, very happy. It's only those owners who can actually answer questions regarding them. Not your average man-on-the-street who's never driven or owned one. I've got a friend who used to own a 1998 Hyundai Tiburon. No problems. Served him till 2004. He still bemoans the fact he had to sell it to buy a bigger "family" car. The previous Kia Rio is generally regarded as a terribly dull auto around here, but I've met quite a few satisfied owners. Same with the supposedly fragile Kia Pride. If you're not using it for a taxi, you can keep it in pristine condition for quite a long time.

The objections to the Norkis Legacy that you've bemoaned a number of times are based on the fact that a.) it's really just a refurbished secondhand car with almost no warranty support, and b.) from the personal experience of those who've test-driven and inspected them, they're not very well-built. Oh, and c.) the one owner who's piped in to answer your question about them was a private owner who listed in detail the numerous problems he's had with the car.

This is all really far off-topic. If this is your opinion, fine, you don't have to keep repeating it, especially since we've answered those arguments already.

[LexTer]

resale value is important for me coz i cant see myself driving the same car for 10yrs or more, thats why for my crv replacement i am considering another honda...

1st priority, i should at least like the car inside and out.
2nd, resale value.
3rd, acceptable price range.

same. importante yan talaga sa mga taong nagpapalit ng sasakyan.

[redorange]

di lang yun..pati driving schools na natanong ko..pati nga yung driving instructor ko ngayon he just quoted earlier "pag bumili ka ng kia dapat brand new"

wala namang masama daw sa kia.. yun lang pag bibili ka nun dapat brand new.. forget about used kia's .. sayang bibili nga sana ako ng 2nd hand kia picanto..pero i changed my mind after things i have been hearing from people.. and these people are experts in cars.. i take their word..

So your qualification for car experts are taxi drivers and driving instructors? Both of which don't even own the cars but just use it with no regard for maintenance of the vehicle. Try talking to the owners of the cars and ask them what kind of problems they have encountered and don't generalize a whole countries auto industry based models made almost 20 years ago. Toyota, Honda , and other Japanese makes didn't have the reputation they have now when they first started making cars. BMW is now a highly regarded brand but back in the late 50's and 60's they were known as BM Trouble You to car buyers. They started to change their image after the 2002tii was made in the late 60's early 70's and now they're considered a luxury brand. So all makes improve and that is what Hyundai and Kia have done.

Edit: Ask your so called expert on cars what an alternator does and I will bet he can't give you the correct answer.

[mike01]

ot: matanong ko na din, ikaw ba yung sinipa sa picanto forum not so long time ago for flaming? mike din kasi handle non, if yes, kaya naman pala, if no, pakisagot na rin yung above post ko....

So your qualification for car experts are taxi drivers and driving instructors? Both of which don't even own the cars but just use it with no regard for maintenance of the vehicle. Try talking to the owners of the cars and ask them what kind of problems they have encountered and don't generalize a whole countries auto industry based models made almost 20 years ago. Toyota, Honda , and other Japanese makes didn't have the reputation they have now when they first started making cars. BMW is now a highly regarded brand but back in the late 50's and 60's they were known as BM Trouble You to car buyers. They started to change their image after the 2002tii was made in the late 60's early 70's and now they're considered a luxury brand. So all makes improve and that is what Hyundai and Kia have done.

it would not help anyway.. cars whether japanese, american, or korean all depreciate.. and are a sucker for expenses and renovation, so it does not make any sense to determine what will happen to the brand 20 years from now.. its not a real estate or a stock market pick to spend time figuring out..

but for now.. safest is to listen to car experts, in fact there are mechanics i have asked about unreliability of kia's or korean cars.. malambot daw pang ilalim...

so taxi drivers, driving instructors, mechanics, driving school operators, taxi operators, company services and fleets, .. they all the share the same thought..avoid used korean cars.. these group of experts determine the resell value of cars..

[wren]

personally, it's not that important, and i used to lease!

when i'm in the market for a car, i have 3 criterias: performance (lots of test drives), safety (lots of research), and does it fill my needs at the time? the rest are secondary, including resale value.

[redorange]

it would not help anyway.. cars whether japanese, american, or korean all depreciate.. and are a sucker for expenses and renovation, so it does not make any sense to determine what will happen to the brand 20 years from now.. its not a real estate or a stock market pick to spend time figuring out..
but for now.. safest is to listen to car experts, in fact there are mechanics i have asked about unreliability of kia's or korean cars.. malambot daw pang ilalim...

so taxi drivers, driving instructors, mechanics, driving school operators, taxi operators, company services and fleets, .. they all the share the same thought..avoid used korean cars.. these group of experts determine the resell value of cars..

What I am saying is that the opinion you are getting from people is based on experience on Korean cars made almost 20 years ago. The newer generation of some of these cars are where the Japanese were quality wise 2-3 years ago and it won't be long before they catch up. I am not saying speculate on the value of the cars 20 years from now.

[compact]

i cant help to compare you with the same mike, your arguments are the same, i guess its what they call a "signature". such as taxi fleet, talyer ng kaibigan, instructor sa driving school, reliability of kia. anyway, all of the explanation given especially by niky were incidentally the same explanation given to that guy. sa mga nasa picanto forum, DEJAVU na lang ito, i do not intend to reply cause its already a replay, until nung sabihin mo na walang resale value ang picanto.

BTW, instructor mo kamo sa driving school?, ibig ngang sabihin nito bago ka pa lang matutong magmaneho and yet nahusgahan mo na ang picanto or any korean car, isnt that what they call an irony? lalo na siguro kung nagmamaneho ka na.

[moe]

It's funny how most of his comments are focused on the picanto? why the picanto? i've been driving a picanto for the past year now. no problem whatsoever. drives well on the highway too and gas consumption is good enough. i drive a mitsubishi as well and if i were to choose between the two i'd go for the picanto. to each his own right? to belittle korean cars without having driven one is pure nonsense. listening to your so called experts and basing your opinions on hearsay is totally hilarious and pathetic. go drive a car first or buy one then you have earned the right to do what you've been doing.

[niky]

but for now.. safest is to listen to car experts, in fact there are mechanics i have asked about unreliability of kia's or korean cars.. malambot daw pang ilalim...

And again, what Kias? And malambot compared to? Is it just Corolla lambot? Or worse, sort of Sentra or Civic lambot?

[cardo]

this is the reason why theories(or ideas and opinions) are best supplied with numbers and data (thru an experiment or something) to back up the claim so that no one can contest your idea and to prove that it really works... ;) so if we say poor resale value... why? why kias? why not jap cars? who said it? what did he/they do to prove it? is it a generally acceptable procedure of resale evaluation?

[transmixer]

for me resale value is not important. what is important to me is the cost of maintenance to be incurred and availability of parts.

a car could run to its optimum performance if maintained properly so it equates to the cost of maintenance. any brand is a contender.

[pup2]

Ang importante sa akin huwag akong ititirik at huwag ako madalas sa pagawaan dahil mas mahal ang oras ko kesa sa maintenance.