altis 2008 1.8v vs new model

[d_rookie12]

hi guys!

hope you can help me out. i have to decide soon regarding this..

my company recently offered me quite a deal due to the nature of my job. below are the 2 options:

option 1 - no cash out, altis 2008 1.8v (AT), 2nd hand, 40+K mileage, well maintained, w/ option to buy in 2 years time at a very affordable and reasonable price

option 2 - no cash out, latest altis model 1.6v, brand new, to be well maintained, option to buy in 5 years time (same % as above)

i'll be using the car as i go around metro manila and a few trips in Luzon.

i hope some of you guys can shed light with regards to the performance of both cars - fc,comfort, speed, interior, spaciousness, audio (w/ aux or without), etc.

so far i find the following as the advantages of choosing the 08 1.8v model:
1. its really a higher model (1.8v) therefore more premium
2. after 2 years, i have the option to buy it, and then re-sell it. expected profit is quite high

however at the same time, i'm wondering whether the newer model (4 years younger than the 08), has an overall better performance despite just being 1.6 L. and if true, i will get to enjoy the car in the next 5 years.

wahhhhh!


hope you can really help me out on this.

tia!

[vinj]

I have no experience with the 1.6V model (i have a manual version of the current gen) but when i used to ride the 1.8L of my friend going up north, it had a very healthy midrange rpm pull when it came to overtaking (no match yung previous gen 1.6 definitely). The 1.8V is also quite rare, especially if it's the charcoal grey colored one.

If you get option A and you buy it after two years, you'll be issued a new car again? If that's the case then i may go for option A as I can buy it sooner, get a new car for service right after buying it, then i can resell or use it.

[niky]

The 1.6 is more economical, but the extra mid-range punch of the 1.8 is considerable versus the 1.6, especially considering the latest 1.6 still has the old 4AT. That makes it much more fun to use. Also, if that's the 2008 post-model change (not the old 2002+ Altis body), it has the nice interior of the new car and the softest suspension of all recent Corollas... which makes it much more waftable than the current 1.6, which is stiffer.

The 1.6 now is stiffer, but not as stiff as the 02+ Altis... it's more... sua-be ...this makes it drive and handle better at high speed than the 2008 model, something to think about if you drive on the highway at speed. But if you like cruising at a relaxed 80 km/h, the extra torque and easy-going nature of the 1.8 will suit you just fine. And if the suspension is too soft, just replace the old shocks with replacement shocks from the new Altis, problem solved.

EDIT: However, I am pretty sure the 2008 and up models either came with the 1.6 or the 2.0. No 1.8s. The 2.0 is much thirstier than the 1.6 or 1.8 (it's basically a low-revving, grunty Camry engine) and mated to the super-soft suspension, small brakes and a 4AT, it was kind of a beast to drive. The 1.6 4AT from that time basically feels similar to the current one, but the new one has a bit more pep and better transmission logic... but again... it's got a stiffer suspension.

[mda]

^Sir niky, I believe that the 10th Gen corolla initially debut in the Philippines with 1.6 and the 1.8; the 2.0s only came later and superseded the 1.8 variants.

Plus, the 9G corolla only topped out at 1.8G. The "V" grade only came with the 10G.

[vinj]

^They had a 1.8 V version... but it ran for a short time only and didnt sell too much.

[niky]

Ah, if so, then I'd go for that car. Typically, resale value of TOTL cars is not that good down the line, but the 1.8 is just rare enough that it might balance out... and since fuel economy for the 1.8 isn't bad compared to the 1.6... and definitely better than any of the 2.0 TOTL competitors, you might be sitting on a decent value at the end of that time.

Still, look at it this way... in two years, your free car is purchaseable at: what price?

In five years, you have a free car that is purchaseable at... what price?

If the answer, in either case, is below 400k... or better... below 300k, basta... 100k below market price (not asking price)... then I'd consider buying either to sell on after.

Money might be the deciding factor. In those years, who is responsible for maintenance? Who pays for tires? With the brand new car, the first major repairs will be a long ways away, and you get to ride on the free car thing for much longer.

[d_rookie12]

Ah, if so, then I'd go for that car. Typically, resale value of TOTL cars is not that good down the line, but the 1.8 is just rare enough that it might balance out... and since fuel economy for the 1.8 isn't bad compared to the 1.6... and definitely better than any of the 2.0 TOTL competitors, you might be sitting on a decent value at the end of that time.

Still, look at it this way... in two years, your free car is purchaseable at: what price?

In five years, you have a free car that is purchaseable at... what price?

If the answer, in either case, is below 400k... or better... below 300k, basta... 100k below market price (not asking price)... then I'd consider buying either to sell on after.

Money might be the deciding factor. In those years, who is responsible for maintenance? Who pays for tires? With the brand new car, the first major repairs will be a long ways away, and you get to ride on the free car thing for much longer.

Niky,

Sorry, but im not familiar with the term TOTL...

Sir, both cars can be purchased at around 15-25% from original purchase cost...so option 1 at that rate but by 2014, and option at that rate by 2017.

I actually thought of the same thing (re-selling it) as I did with my previous car from another company (honda city 1.3 AT), however, a friend of time said that the 1.8L would be more difficult to sell after two years (even though mileage as i compute it will be around 60-65k in two years) and so he advised me to get the newer one instead..

in both options, all maintenance, insurance, tire replacement, gasoline expenses for the car will be shouldered by the company.

[d_rookie12]

I have no experience with the 1.6V model (i have a manual version of the current gen) but when i used to ride the 1.8L of my friend going up north, it had a very healthy midrange rpm pull when it came to overtaking (no match yung previous gen 1.6 definitely). The 1.8V is also quite rare, especially if it's the charcoal grey colored one.

If you get option A and you buy it after two years, you'll be issued a new car again? If that's the case then i may go for option A as I can buy it sooner, get a new car for service right after buying it, then i can resell or use it.

sir vinj,

sorry i think i forgot to answer this one.. if i get option A, after two years, yes i'll be issued a new car again..more or less the same type of car 1.6/1.8 AT model of that year (2015)

[vinj]

sir vinj,

sorry i think i forgot to answer this one.. if i get option A, after two years, yes i'll be issued a new car again..more or less the same type of car 1.6/1.8 AT model of that year (2015)

That's great since you can have something to help build your cash base or asset (extra car) in two years time, then have another brand new car to use. If you go for brand new now, you'll be waiting another five years to have that chance.

The 1.8L V Altis won't be too hard to sell IMO since it's not a guzzler and gives a good balance of power and efficiency, especially if you'll be driving on the highway a lot. I'd estimate a value of around 300K more or less when you try to sell it in 2015. Sell it, then get the all-new Altis that should already be out by that time.

The 1.6L V is also a good car no doubt. I'm happy with my 1.6L E. I guess before deciding, try and test drive the 1.8L you'll be getting to see if it's worth it and if you're not convinced then go for the brand new Altis.

[niky]

That changes the complexion of everything. If you plan to sell, Option A, definitely. But if you don't plan to sell, Option B is still attractive... though Option A gives you the chance to own a second "coding" car.