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View Full Version : new car price coming down! how about second hand cars?



wecare
28-03-2006, 09:31 AM
wonderful why no one is discussion about second hand cars?. Is the price going to coming down as well?. let's hear from you on what you hear in the grapevine from second hand car dealers?. still can't decide whether to dump my old proton? or it's too late now? :confused: :confused: :confused:

i know for sure toyota has pushed their price down for altis by 10K (wow) more would be nice!!!, next is to hear from Honda and Kia...any news on MyvI (second hand price)?

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http://serdang.7.forumer.com :)

Firefly
28-03-2006, 09:57 AM
2nd car also down loh...but what if..proton slash the Perdana by 20K...the 2nd hand Perdana also follow suit...you still owing 5 yrs more of yr 6 yr loan..:eek: default also die, sell also cannot, :confused: How?

kwwong99
28-03-2006, 10:25 AM
Not all car prices go down. Only those local and CKD car, but not MPV, 4WD or SUV. In fact, all CBU car prices will increase.

I don't think MyVi's second hand car value will go down significantly. If it down, it should be less than RM1K.

Regards

kwwong99
28-03-2006, 10:51 AM
I remember that when our petrol was increased, the government said that we have among the lowest in the world.

How come those people, namely, our PM, DPM and others did not say now with the NAP implementation, that we have the among the lowest car prices in the world? Or even ASEAN?

What a hypocrite!

evelynlim
29-03-2006, 11:46 AM
The 2nd hand proton car has dropped so much. The Iswara model 1996 registered in 1997, a few days before the announcement still can sell at RM9-RM10K but now only worth RM7K :mad: It's really not a good time to sell but no choice as the car is old, wrong timing!

kress
29-03-2006, 11:58 AM
wow that bad? my 15 year old saga was sold for 5k last year... lucky i sold it off early...

wecare
29-03-2006, 01:21 PM
my wira '95 was worth about 10-13K before, wondering what is the price now?. :(

:eek:
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http://serdang.7.forumer.com :)

Firefly
29-03-2006, 04:05 PM
At least you got 5k...my 12yr old Volvo only got 3K :eek: and firefly had to beg the salesman to take it. Another only offered RM500 for it :eek:

evie
29-03-2006, 04:19 PM
The 2nd hand proton car has dropped so much. The Iswara model 1996 registered in 1997, a few days before the announcement still can sell at RM9-RM10K but now only worth RM7K :mad: It's really not a good time to sell but no choice as the car is old, wrong timing!

What a drastic drop!!
My hubby sold his Iswara, manual, year 1997 last month.
Guess how much is the price??
We managed to sold it at RM16k !!
Good bargain,ya... :D

Sato
30-03-2006, 10:56 AM
i heard almost half of 2nd hand car dealers in KL are not accepting anymore trade-in due to the reduce price in new car. Before the reduction,2nd hand car dealer already find it hard to do business. Looking at current situation I think soon there will be more 2nd hand car dealer go bangkrap. :(

Sato
30-03-2006, 10:58 AM
The 2nd hand proton car has dropped so much. The Iswara model 1996 registered in 1997, a few days before the announcement still can sell at RM9-RM10K but now only worth RM7K :mad: It's really not a good time to sell but no choice as the car is old, wrong timing!

my suggestion to you is no point selling at all, drive until the car totally rot then get another car. :D

Sato
30-03-2006, 11:02 AM
my wira '95 was worth about 10-13K before, wondering what is the price now?. :(

:eek:
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http://serdang.7.forumer.com :)

one of the kopitiam lady boss told me she sold her 5 y.o iswara for rm10k oni 2 months back. now i think the resell price get worst,lower each day.

jialat
30-03-2006, 11:42 AM
hi, my car was stolen 2 months ago and soon my insurance company is going to pay me.

in order to cut cost on petrol, i would like to buy a 2nd hand automatic 1300cc iswara.

thanx

achee
30-03-2006, 01:09 PM
my suggestion to you is no point selling at all, drive until the car totally rot then get another car. :D

I totally agree with you. Take a 7yr loan, or even 9yr, and use it till the end.

KelvC
30-03-2006, 05:05 PM
Come to think about it, this is the only time i would say this, maybe it is a good time to get me car stolen after all :D

Jose Mourinho
30-03-2006, 06:04 PM
Come to think about it, this is the only time i would say this, maybe it is a good time to get me car stolen after all :D

You are just kidding around. Right? You can land yourself into very serious trouble with comments such as this.

:)

sinleong
30-03-2006, 07:24 PM
Come to think about it, this is the only time i would say this, maybe it is a good time to get me car stolen after all :D

how much will u give me to steal your car? :D

KelvC
30-03-2006, 08:06 PM
If have to pay, might as well use it until it gives up on me .....most probably 31st December 2010 :p

bugbear
31-03-2006, 12:13 AM
The way I look at it with prices of car coming down will also mean that 2nd hand car dealers will go bankrupt very soon. If they go kaput, how are we to sell off our old cars? If we cannot sell off old car, how to buy new one? Better use your car till it goes kaput like what KevC said and withhold buying new car till the gomen goes on their knee begging us to buy car. This way we the consumer can practice consumer power to force the car price further downward.

SunwayKid
31-03-2006, 12:27 AM
I know someone who other than the first few service would not service his car at all until he trade it in after 5 years. His rationale is that when he trades it in for his next, the salesman does not normally check the internal condition and all the servicing required are gimmicks for the manufacturers to make more money.
Besides, he has no intention to keep the vehicle as one of his eternal possesion and he says he saved a few grand from not servicing, which more than compensate him for any shortfall that he might get for the trade-in!

Jose Mourinho
31-03-2006, 09:10 AM
The way I look at it with prices of car coming down will also mean that 2nd hand car dealers will go bankrupt very soon. If they go kaput, how are we to sell off our old cars? If we cannot sell off old car, how to buy new one? Better use your car till it goes kaput like what KevC said and withhold buying new car till the gomen goes on their knee begging us to buy car. This way we the consumer can practice consumer power to force the car price further downward.

That is one economic theory I think Adam Smith missed out. You may seriously consider to copyright this. I mean it.

:)