Any comments on these models. The Camry is the most expensive at around RM55K. The Sonata is around RM20K and so is the S70 Turbo. From finance point of view, it seems cheaper to buy these old Sonatas, Volvos and PUGs even though their cost of ownership may be slightly higher than the Camry.
For the Camry, because it is RM55K, the insurance will be substantially higher. The Camry will depreciate $5K each year so after 5 years, it will lose $25K easily.
For the Sonata and the others, after 5 years, even if you resell it at $5K, you will only lose $15K - even though I think $5K is very low. But at this price, after 5 years, you still come out $10K more in the pocket compare to the Camry.
Sounds right? Oh, yes. Most will say their parts are killers and all that but research shows that they are not always true. These are usually said by non-owners. I talked to the owners and they claim it is not true. The only true fact is, their resale value sucks.