Resale value of Mirage G4 GLX MT and Toyota Vios J MT

[chua_riwap]

Hintayin ko pa 2024 yung next post ni TS, kung maganda resale value ng binili nya.......

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[jut703]

Di ko gets why people disregard resale value so much. Just because the financial impact is not realized immediately, doesn't mean it doesn't matter.

Take two scenarios:

Car A costs 1M and car B costs 1.2M. You like Car B more but you find 200k too much to add so you settle with car A.

Car C costs 1M and car D costs 1M. You like Car D more but resale value of Car C is 200k higher (NPV) after 5 years. If you follow the logic of the first sample (which a lot of people do), you should go for Car C because of lesser financial impact overall.

Yet, there are people who advice to stay away from higher sticker prices also advising to ignore resale value and just enjoy the car.

Point is, depending on the case, resale value can matter and is not a useless factor to be ignored outright.

Now, back to the topic, the resale value of these 2 cars in 10 years will not be larger than their SRP difference of 50k. Especially if you consider time value of money. 10 years is just too long of a time to still have major price differences. My bet is that the Vios will still have higher resale, but the difference will be negligible to the point that it should not affect your decision.

Again, not saying that resale value is useless all the time, but in this case it's not very significant.


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[[archie]]

^^ I agree, resale value should be considered when buying a brand new car.

I'm one of those people that like to get the most of the money I spend.

[EQAddict]

after ten years, the condition of the car (i.e. how much you took care of it) will matter more to resale value than the ten year age of the car.

[skyhawk]

IMO i will consider the resale value if i will use the car for 5 yrs or less but for more than 5 yrs with the price below 1M i think panalo ka na din. but aside from the resale value, will you also consider the maintenance cost, FC, etc? kasi in terms of maintenance cost between your 2 choices mas mataas ang PMS ng mitsubishi against toyota. for the FC kung mirage MT against vios 1.3 MT palagay ko panalo sa FC ang mirage

[Challenger75]

Di na lang kasi sagutin yung tanong eh. Kung parehong namaintain ng maayos, sa Vios ako. Kahit hindi resale value pinaguusapan, Vios pa rin ako, mas malaki, mas maganda tingnan. Tsaka iba pa rin yung 4cyl engines, may dahilan kung bakit halos lahat ng makina 4cyl kahit gano kaliit pa displacement niyan. Di ka makakasiguro sa tibay ng mirage, kailan lang nilabas yan kaya posibleng maglabasan yung sira pagtagal. Di ko naman sinasabing hindi matibay pero nandyan yung uncertainty. At least sa Vios subok na, 1st gen pa lang yan na yung engine na gamit.

[chris_d]

After 10 years I would say the Vios would be worth more and be easier to sell. Ok na yung E standard kung tight budget. Madali naman upgrade yung fog lamps at stereo in the future. Plus sa mirage nde pa natin alam ang long term reliability nya.

[iceblue]

Ako sa tingin ko Mirage G4. At first tingin ko either quits lang or kung meron mang difference konte lang or negligible. But if we factor in the savings you'll get with the more fuel efficient Mirage G4 tingin ko mas mas mataas ng konte re-sale value ng Mirage after 10 years. Yung so-called tipid sa PMS sa CASA pag Toyota? Pag tapos na ang warranty wala na yung so-called mas matipid sa Toyota CASA and since you plan to use it for 10 years before selling it eh mahahabol mo rin yung na tipid ng Vios sa CASA pag sa talyer mo na i-PMS Mirage G4 mo pag out of warranty na. Add mo yung tinipid mo sa gas in 10 years of use sa Mirage G4 compared sa matakaw sa gas na new gen Vios. Kahit ano mangyari hindi mahahabol ng Vios yung gas savings sa Mirage G4. If you sell it after 10 years yun din magiging selling point mo sa pag bebentahan mo. Mas matipid sya sa gas vs sa Vios at hindi naman siguro mag CASA yung 2nd hand buyer at panigurado mas gusto ng 2nd-hand buyer ang mas matipid na kotse. :-) Kaya nga sya bumubili ng 2nd-hand kasi kapos sa pera o kaya gusto makatipid.

Ilagay mo na lang sarili mo pag ikaw yung 2nd-hand buyer. Kung bibili ka ba nag 2nd-hand na 10 year old car ano pipiliin mo? Yung current gen Vios na known gas guzzler o yung known na matipid sa gas na Mirage G4. Diba?

Binebase lang kasi ng iba yung past resale value ng previous Toyota models w/c are indeed good BUT read the diff. online reviews and personal experience of current Vios owners. Malaki binaba ng fuel efficiency ng new Vios compared to the previous model. Kung ano man tinipid kuno sa PMS sa CASA sa Vios na good for 2-3 years lang naman bawing-bawi mo yan sa tipid mo sa gas in 10 years of use.

Opinion ko lang. So, Mirage G4.

[confused shoes]

Think about how you can even keep your car for 10 years.

Since there are no other considerations except resale value, I can consider both of them to have Php00.00 value after 10 years. Then, I may get the Vios. The reason is obvious.

[silent_hunter]

either of the 2 choices its still a good buy. it depends on how will you maintain the car for ten years. for fuel efficiency i agree to iceblue, the current vios is a gas guzzler. some new owners were disappointed with the fc they get. because of its increase body weight with the old engine.

[shibby75]

After 10years, the car with the most widely available spare parts, surplus and number of units on the road will command the higher resale value.

We dont know what model would be phased out first, mirage or the vios.

[dr. d]

Kung iniisip mo ang resale value wag ka ng mag brand new period

unless you have something against used cars, getting a low-mileage, one-year old car (vios!) is an option you might consider.
that way, you will escape the biggest depreciation of all (the first year).
and since it's only a year old, almost brand new pa, 'ika nga..

good luck on your search.

[smallbig]

Pinagpilian ko din ang 2 kotse na yan.
Pero kinuha ko ang Vios. Looks, power, at mas malaki. At ang sarap pang papogihin. see pic below. Iyun nga lang mas matakaw ata sa gas ang Vios. Saka may mga minor problem din, basa basa ka sa napakahabang thread ng All New Vios sa Toyota forum.

Yung G4 naman, di ko gusto ang itsura. Mas maliit. Sabi, kung balak mo dalhin sa out of town, medyo mahirapan. At may isa pang SA ng Mitsu ang nagsabi na di daw makaakyat sa Baguio pag 5 adult pax ang sakay.

[red_one]

*smallbig: yan ba mismo ang auto mo? nice look.

[A121]

I'm more concerned of running costs than resale value.

*small_big, I am very sure that you are very misinformed. Any new car nowadays can go up Baguio.

[falken]

* smallbig. The SA doesn't know what he's talking about.

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[smallbig]

Di po akin yan, pero pedeng maging ganyan ang Vios pag gastusan ng kunti.

Uu exaggerated nga yung SA, siguro hirap umakyat ang ibig nyang sabihin. Gusto kasi niya Monty na lang kunin ko, lol

[dr. d]

* smallbig. The SA doesn't know what he's talking about.

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he probably knows what he's talking about.
and he's probably counting on the potential buyer, not knowing what he's talking about.
heh heh.

[niky]

Ilagay mo na lang sarili mo pag ikaw yung 2nd-hand buyer. Kung bibili ka ba nag 2nd-hand na 10 year old car ano pipiliin mo? Yung current gen Vios na known gas guzzler o yung known na matipid sa gas na Mirage G4. Diba?

This. Pretty much this.

Resale value of Toyotas are typically good BECAUSE most Toyotas are fuel efficient and easy to maintain. Notice... resale value of the gasoline Avanza is not really that great versus the Innova (in terms of percentage of value retained), and the resale value of Corolla 2.0s, Camries and Fortuner 2.7s are really not that great compared to other Toyotas.

Then, consider... if we assume 15,000 kms a year... and the Vios 1.3 MT gets around 11 km/l in city traffic (being VERY generous... my testing, the 1.3 gets about 21 km/l max on the highway) and the Mirage G4 gets between 12-13 km/l (very possible... my testing, about 25+ on the highway and 12+ in traffic), then you're looking at an extra 60,000 - 110,000 pesos worth of gasoline bought over a ten year period.

There's no way the price difference between the two will be any bigger than that after ten years. And since this is the manual Mirage, which doesn't have any big question marks about CVT durability, I'm betting resale value will be close to equal to the Vios at the end of that time period. Which means that, even if the Vios is the nicer car, you will likely spend 150,000 to 200,000 more on it over a ten year period.



I'd personally get the Vios, because I don't give a crap about resale value.

[volts73]

ang akin hatch back mirage gls piece of cake ang baguio 6 adults



volts73