Why do SUVs have higher resale values than cars?

[ale828]

supply and demand. its primary driving force for car sales economy. Which is why in 1-2 years time cars like the Toyota Fortuner and Mazda 3 can still hold better value than their equivalent competitor. In fact i predict the Fortuner to have one of the best resale values for any SUV sold here.

[vicoyski]

supply and demand. its primary driving force for car sales economy. Which is why in 1-2 years time cars like the Toyota Fortuner and Mazda 3 can still hold better value than their equivalent competitor. In fact i predict the Fortuner to have one of the best resale values for any SUV sold here.

How soon do you think we'll see 2nd hand Fortuners for sale?

[pajerokid]

How soon do you think we'll see 2nd hand Fortuners for sale?

May kilala ako nagbenta na hehe. Ayaw niya kasi nung kulay

[andre]

My SA told me I can sell my unit at a brand new but based on old (original) price. I told her I'm planning to get the new RAV. But unfortunately the New RAV is more expensive than the Fortuner.

[ian_rex]

perhaps, its the reliability sans the size. sure, you can get the comfortable ride in a car but in road conditions here in the philippines uh well, an SUV seemed more practical choice whether you are wading those flooded streets or overcoming those potholes to say it short it you don't have to worry about those. plus space there's a lot of it.

but i couldn't get the rationale of the those crossover SUV (CRV's) basically they are based on Civic platform only that it was set on a higher clearance then throwing in a 4X4 system. sure 4X4 could come handy but i'm having doubts about the sturdiness of a CRV with respect to the suspension system.

an SUV is a go-anywhere vehicle. you can bring it to formal occasions or to the playground where the absence of road is a norm. and yes this the premium why it is more expensive- the price of versatility.

[andre]

SUV are gas guzzlers. Cars are not (provided you dont get a V6). My computation on using both vehicle for at least 5 years (at least 15T km a year). The resale value price of the car may be lower but he has a huge saving on gas & maintance bill.

[ian_rex]

that is, if you get a gas-fed V8 engine. however, you can get a 4 -pot turbo diesel manual SUV if you want. not as much as kick as the gas counterpart, but you get the torquey engine. i always thought that power is only appreciated on horses underneath but now, i'm for more torque. but that is just me.

[number001]

SUV's resale value are not doing well in the US bec. people are now dumping their very gas guzzling SUVs in favor of crossovers vehicles, which are said to be more fuel efficient. Among the "big" three auto manufacturers (GM, D-C, Ford) in the US, it is only GM toting a SUV as part of its long term vehicle line-up plan.

In the Philippines, we all know its the opposite.

[delprado]

SUV's resale value are not doing well in the US bec. people are now dumping their very gas guzzling SUVs in favor of crossovers vehicles, which are said to be more fuel efficient. Among the "big" three auto manufacturers (GM, D-C, Ford) in the US, it is only GM toting a SUV as part of its long term vehicle line-up plan.

In the Philippines, we all know its the opposite.

I think it's because most SUVs in the Philippines are running under diesel fed engines... but this may not be the case if it's using gas fed engines just like what happened to Ford SUVs.

[oldblue]

I think it's because most SUVs in the Philippines are running under diesel fed engines... but this may not be the case if it's using gas fed engines just like what happened to Ford SUVs.

it's not that all true that Ford SUV owners are dumping their gas guzzler vehicles. I still see a lot of 1st Gen Ford Expeditions running around, most of them repainted looking-like the 2nd Gen's Eddie Bauer Editions or they buy these chrome mags and chrome grills to spruce up their old Expeditions.

I think the main reason why Ford Expedition owners are selling their units cheap is bec. they can afford to. They dont care about the price gap (from purchase value to resale value) coz they already earned more than what they invested for. By just driving around the golf course or hotel driveway with an Expedition, some businessmen close multi-million peso deals with ease, the same way as BMW owners get more *** what's a 1 million depreciation cost, if they earned 10M to 100M profit in closed deals, by just simple association with a prestigous SUV, d'ba?

[pajerokid]

I think the main reason why Ford Expedition owners are selling their units cheap is bec. they can afford to. They dont care about the price gap (from purchase value to resale value) coz they already earned more than what they invested for. By just driving around the golf course or hotel driveway with an Expedition, some businessmen close multi-million peso deals with ease, the same way as BMW owners get more *** what's a 1 million depreciation cost, if they earned 10M to 100M profit in closed deals, by just simple association with a prestigous SUV, d'ba?

Nah. Too romantic.

Wala akong kilalang businessman na willingly nagpapalugi. Just ask anyone here in tsikot, and yes, we have quite a few. And also... you dont close a deal just because you drive an Exped. :evillaugh

Mababa demand sa exped simply because people are afraid of getting a gas guzzler. Those who can afford to feed an exped can also afford to get one brand new.

Parang Volvo rin, may kilala ako more than a year na nagbebenta, walang bumibili..... take note palugi pa yon ha hehe. Not sure why though.

[fireblade]

Nah. Too romantic.

Wala akong kilalang businessman na willingly nagpapalugi. Just ask anyone here in tsikot, and yes, we have quite a few. And also... you dont close a deal just because you drive an Exped. :evillaugh

Mababa demand sa exped simply because people are afraid of getting a gas guzzler. Those who can afford to feed an exped can also afford to get one brand new.

Parang Volvo rin, may kilala ako more than a year na nagbebenta, walang bumibili..... take note palugi pa yon ha hehe. Not sure why though.

I disagree with the Volvo bit, sold mine in less than two weeks and it was a 2004 S40. For a profit if you may want to ask. Sold it as I found the SUV more suited to my requirement. No more,no less. Used it for only 6months.

[oldblue]

Nah. Too romantic.

Wala akong kilalang businessman na willingly nagpapalugi. Just ask anyone here in tsikot, and yes, we have quite a few. And also... you dont close a deal just because you drive an Exped. :evillaugh

Mababa demand sa exped simply because people are afraid of getting a gas guzzler. Those who can afford to feed an exped can also afford to get one brand new.

Parang Volvo rin, may kilala ako more than a year na nagbebenta, walang bumibili..... take note palugi pa yon ha hehe. Not sure why though.

or simply those who can afford driving around with an Exped, do not give much attention to the cost of gas, cost of maintenance and cost of repairs - the evil that plagues ordinary car owners or mainstream people.

it reveals something about the owner. can he handle big money deals as he claims to be, maybe maybe not ... but still the impression has been conveyed and his chances to close deals may have been increased.

[yebo]

simple lang yan....

more metal, more scrap! magkano na kilo ng bakal ngayon? ehehehe!

[kimpOy]

well tama lahat sila...also like me a family man... would prefer SUVs so that i can squueze my family and sankatutak na mga gamit...

[picantorange]

Closing business deals because of an American SUV. If that were true it would be so amazing.

[KCboy]

the reson expeditions are sold cheap because the owners know that these cars are gas guzzlers and people who will buy a 2nd hand expedition are trying to save din so sell it cheap para the people who bought the expe will have money to burn sa gas.hehehe. i think if the suvs sa us were to be diesel fed just like here in the phil, i think suv prices will be better there. pero diesel talaga are only for commercial vehicles dun.

[oldblue]

Closing business deals because of an American SUV. If that were true it would be so amazing.

first impressions last.

[niky]

Ford Expeditions suffer the double penalty of high gas consumption and perceived expensive maintenance. Which isn't really true. Minor niggles like MAF sensors and idle controllers are actually cheap to fix.

But truthfully, transmission problems (like one my uncle had on his thirdhand Lincoln Navigator, which is an upmarket Expedition) are very difficult to fix. But that's true of any car. The difficulty with Expes is that you have to wait for the parts.

[picantorange]

Yes, doing business inside the car is very convenient.