Username or Email Address
Do you already have an account?
Forgot your password?
  • Log in or Sign up

    VWVortex


    The Car Lounge
    Page 2 of 3 FirstFirst 123 LastLast
    Results 26 to 50 of 57

    Thread: New Compact Car w/ Best Resale value in 4-6 years?

    1. Member dieselraver's Avatar
      Join Date
      Nov 11th, 2007
      Location
      Brooklyn NYC - Current Cars: - '15 VW Touareg TDI Lux '14 VW Autobahn/Nav GLI 6 M/T '01 Accord
      Posts
      12,513
      Vehicles
      Previous Cars: '12 Odyssey EX-L '10 Subaru Outback MT '08 BMW 328XI 6MT '08 GTI 6MT '07 Rabbit 5MT -
      10-06-2012 12:31 PM #26
      Quote Originally Posted by mike02467 View Post
      How do you figure you are going to get one for $15k new? Do you really think ANY dealer near you even has a base model 3? And the base model is 16,700, and doesn't even have the skyactive engine, so they won't hold there value as well as you might think.

      2013 MAZDA3 i SV 4-Door
      Total MSRP: $17,495*

      * Total MSRP includes $795 destination charge and additional costs for vehicles equipped with available packages, options or accessories. Destination charge $840 in Alaska. Vehicles displayed may contain optional equipment at additional costs. Actual dealer price may vary.

      good luck with that $15k number

      deals are to be had at end of year. look at my van, you saw the numbers, msrp was 36k ish, out the door for 30,080.00

      im sure mazda dealers are willing to take the hit to move inventory....

      but i don't see the Toyota Corolla or the Nissan Sentra listed. those will likely have an even larger discount than the others. good luck!
      Looking for a new or used Volkswagen in NY/NJ/CT? PM me! I offer bottom line pricing! GTI Monster Mats & Gorilla Liner for Sale! http://forums.vwvortex.com/showthrea...la-Trunk-Liner

    2. Member
      Join Date
      Jan 23rd, 2011
      Location
      N. IL
      Posts
      2,141
      Vehicles
      93 D250 Cummins 07 Outback
      10-06-2012 12:33 PM #27
      I would think the Cruze Eco model hold value really well. It wouldn't surprise me if gas hits 5/gallon and diesel even more. Those 40mpg cars are going to increase in value like the TDi.

      Sent from my DROID RAZR using Tapatalk 2

    3. Banned WhistlerYOW's Avatar
      Join Date
      Oct 14th, 2004
      Posts
      10,165
      10-06-2012 01:50 PM #28
      Not sure about your area but Mazda 3 resale is rock bottom around here. Civics, TDIs, Corollas are the closest thing to an investment in that market.

      Just open up an Auto Trader.
      Last edited by WhistlerYOW; 10-06-2012 at 01:55 PM.

    4. Banned Saintor's Avatar
      Join Date
      Dec 27th, 2003
      Posts
      9,572
      10-06-2012 02:07 PM #29
      When I will return the car after 48 months / 60000 miles, Honda Canada considers a trade-in residual of 52%. Awesome.

    5. Geriatric Member BRealistic's Avatar
      Join Date
      Dec 16th, 2005
      Location
      Tennessee
      Posts
      66,530
      Vehicles
      88 F150, 04 RX8
      10-06-2012 08:21 PM #30
      Quote Originally Posted by BAM6I4 View Post
      Said 15k new car....http://www.byersmazdasubaru.com/deta...chvkid=1214165

      Adding factory cruise cost sub $200 after purchase. Win Win.
      Is adding cruise that easy? How so?
      “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime.”

    6. Member Sherpa23F's Avatar
      Join Date
      Sep 21st, 2012
      Location
      Rocky Mountains
      Posts
      414
      Vehicles
      The Holy Grail, something else V12 powered, V8 race car, all made in Maranello. Plus a '67 911.
      10-06-2012 09:18 PM #31
      I bought my Honda Fit Sport 4 years ago for $15.5k and blue book is $14k now. That's amazing. I am considering selling it but will sell it for a bit less than that to give someone a good deal. But that it very little depreciation.

    7. Geriatric Member BRealistic's Avatar
      Join Date
      Dec 16th, 2005
      Location
      Tennessee
      Posts
      66,530
      Vehicles
      88 F150, 04 RX8
      10-06-2012 10:11 PM #32
      Quote Originally Posted by Sherpa23F View Post
      I bought my Honda Fit Sport 4 years ago for $15.5k and blue book is $14k now. That's amazing. I am considering selling it but will sell it for a bit less than that to give someone a good deal. But that it very little depreciation.
      How many miles?
      “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime.”

    8. 10-07-2012 03:18 AM #33
      just buy a used one so someone else takes the major hit then you can probably get a nicer car and loose less than buying new. Unless you want the skyactiv mazda....then your probably SOL because i doubt youll find any used ones much cheaper than new.
      1999 Toyota 4runner 3.4 Limited

    9. Member Sherpa23F's Avatar
      Join Date
      Sep 21st, 2012
      Location
      Rocky Mountains
      Posts
      414
      Vehicles
      The Holy Grail, something else V12 powered, V8 race car, all made in Maranello. Plus a '67 911.
      10-07-2012 06:31 AM #34
      Quote Originally Posted by BRealistic View Post
      How many miles?
      44k. It's been serviced regularly by the Honda dealership and the only major expense has been a new set of tires.

    10. Member TooFitToQuit's Avatar
      Join Date
      Jun 5th, 2003
      Location
      A dealership
      Posts
      11,504
      Vehicles
      2015 Tacoma, 2013 Triumph ST3
      10-07-2012 07:20 AM #35
      Fit. If you're lucky, you can find a slightly used model for marginally less and avoid sales tax.

    11. Member
      Join Date
      Jan 23rd, 2011
      Location
      N. IL
      Posts
      2,141
      Vehicles
      93 D250 Cummins 07 Outback
      10-07-2012 07:43 AM #36
      Quote Originally Posted by TooFitToQuit View Post
      Fit. If you're lucky, you can find a slightly used model for marginally less and avoid sales tax.
      How can you avoid a sales tax?

      Sent from my DROID RAZR using Tapatalk 2

    12. Member kosb's Avatar
      Join Date
      Aug 30th, 2011
      Posts
      151
      Vehicles
      Protege,Zen,Civic,Sonata Ltd,E90 328xi,Sonata 2T(his),X3 35i(her)
      10-07-2012 07:47 AM #37
      Everybody predicted that Prius c will be a huge seller. And with gas prices crossing $5 in Cali, I'd say Prius will have the best resale value. Although for some strange reason, I have seen only one Prius c and one Prius v, and I have a 50 mile commute to New York 5 days a week. Where are these cars?

    13. Member
      Join Date
      Jun 12th, 2011
      Location
      Ohio
      Posts
      297
      Vehicles
      2003 vw gti 20th ae
      10-07-2012 10:34 AM #38
      anything that is not american will hold a dcent value.. Although ford focus seem to hold thier value decent

    14. 10-07-2012 11:21 AM #39
      Fit or Corolla. Makes no sense to buy one 2 - 3 years old; the higher interest rate on a used car totally negates any savings. Corollas hold their value like crazy, I mean REALLY crazy. And it will sell instantly when you are ready to as well.

      I'm surprised how the current Fit holds it's value so strongly when the first generation (only available here for 2 years) really didn't; but it far outshines anything else in its class.

      Not sure why people are LOL'ing at resale value. That's one of the largest factors in determining your overall cost of ownership.
      22691
      "I'm trying to live vicariously through jrod here and my vicarious
      life would be better if he had a twin turbo. Or a ****ing pirate
      ship." nm+

    15. Geriatric Member BRealistic's Avatar
      Join Date
      Dec 16th, 2005
      Location
      Tennessee
      Posts
      66,530
      Vehicles
      88 F150, 04 RX8
      10-07-2012 11:37 AM #40
      Quote Originally Posted by Jrod511 View Post
      Not sure why people are LOL'ing at resale value. That's one of the largest factors in determining your overall cost of ownership.
      Use can be a good deal for the right price.
      I picked up a low mileage auto reg cab 2wd work truck spec 02 Tundra in late 03 for $12k.
      I got $13k in trade in early 2005 off of a below invoice before all discount and rebates price (my rx8).
      But I did fix it up a bit- cheap used Tundra alloys with oem 4x4 tires, used and modified to fit hard bed cover, tow hitch, touched up the paint.... (but I had maybe $500 in all upgrades).
      So used can be a good deal if you find the right vehicle for the right price.

      I heard recently that new cars are kept on average for ten years now- which seems hard to believe, and also negates much of the short term resale value concerns.
      More than likely we have some that buy new and keep until junk, and some that buy new and trade every 2 to 4 years. The average is 10 of all that, but I don't think there are that many that actually go 10.
      “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime.”

    16. Member adrew's Avatar
      Join Date
      Aug 14th, 2003
      Location
      Texas
      Posts
      13,420
      Vehicles
      '12 Yaris, '14 Mirage, 2.7 liters total
      10-07-2012 12:10 PM #41
      Quote Originally Posted by kosb View Post
      Everybody predicted that Prius c will be a huge seller. And with gas prices crossing $5 in Cali, I'd say Prius will have the best resale value. Although for some strange reason, I have seen only one Prius c and one Prius v, and I have a 50 mile commute to New York 5 days a week. Where are these cars?
      The low-end trims start around $19k -- but the only ones on the lots around here seem to be the loaded $23-25k models. They are decent cars but essentially just a hybrid Yaris with some additional gadgets like nav and auto climate control. It doesn't seem worth an extra $9-10k over a Yaris to me.

      I suspect most people see the price on the Prius Cs on the lot and just decide to spend an extra grand on a regular Prius, which has lots more cargo room, much nicer interior materials and is significantly more refined.

      My Yaris is averaging 38 MPG in mixed driving. If a new Prius C averages 60 MPG I would save about $400/year on gas compared to my Yaris. At a $9k premium for the hybrid I would never see a payback (breakeven point is about 22 years).

      Yaris: 12,000 / 38 MPG = 315 gallons per year = $1130/year @ $3.59
      Prius: 12,000 / 60 MPG = 200 gallons per year = $718/year @ $3.59

      Improving the signal-to-noise ratio

    17. Swallow Doretti
      Guest
      10-07-2012 12:13 PM #42
      Quote Originally Posted by adrew View Post
      How much of that is a result of the Hyundai Assurance Guaranteed Trade-In Value Program?

      It looks like they have dialed it back a bit since launch, as it is now only offered on the Genesis coupe, Genesis and Equus.
      Um...none? Hyundai Assurance only works if you buy another Hyundai, and doesn't affect lease rates through a bank.

      Seriously, the folks I know at Mannheim have said Hyundais crossing the auction block have been doing very well, on par with Toyotas, Subarus, VWs and Hondas. It's even helped the previous generation of cars--a 2008 Sonata that was trading for about $11,000 in 2010 will still trade for $11,000 today, since the better reputation has lifted the values.

    18. Member adrew's Avatar
      Join Date
      Aug 14th, 2003
      Location
      Texas
      Posts
      13,420
      Vehicles
      '12 Yaris, '14 Mirage, 2.7 liters total
      10-07-2012 12:24 PM #43
      Quote Originally Posted by Swallow Doretti View Post
      Um...none? Hyundai Assurance only works if you buy another Hyundai, and doesn't affect lease rates through a bank.

      Seriously, the folks I know at Mannheim have said Hyundais crossing the auction block have been doing very well, on par with Toyotas, Subarus, VWs and Hondas. It's even helped the previous generation of cars--a 2008 Sonata that was trading for about $11,000 in 2010 will still trade for $11,000 today, since the better reputation has lifted the values.
      I was just curious if it'd had an impact and if the higher guaranteed trade-in values had inflated the overall statistics.

      The resale values are definitely improving. In 2010, I looked into dumping our 2007 Sonata which had about 48k miles on it at the time. I got appraisals in the $6900 range, which was rather disappointing since we had paid $16k for the thing three years earlier.

      We decided to keep it for awhile -- but after it started aging rapidly and after several warranty claims I took it to CarMax in summer 2011 (had 57k miles on it at that point) and they offered $10k for it despite a bunch of parking lot dings and a chipped windshield (and a pinging engine, sloppy transmission, shot shocks, noisy A/C compressor, etc).
      Improving the signal-to-noise ratio

    19. Member DasBaldGuy's Avatar
      Join Date
      Jan 12th, 2005
      Location
      Columbus Ohio
      Posts
      3,674
      Vehicles
      2012 MINI Coupe` S, 1988 VW Fox Turbo Truck, 2015 Sonic
      10-07-2012 12:27 PM #44
      Not sure either can be had for $17k but these 2 will hold value the best:

      MINI Cooper
      Golf TDI
      -Obama Sucks-

    20. Geriatric Member BRealistic's Avatar
      Join Date
      Dec 16th, 2005
      Location
      Tennessee
      Posts
      66,530
      Vehicles
      88 F150, 04 RX8
      10-07-2012 12:28 PM #45
      Quote Originally Posted by Swallow Doretti View Post
      Um...none? Hyundai Assurance only works if you buy another Hyundai, and doesn't affect lease rates through a bank.
      .
      Anything that helps improve resale value concerns will improve resale values- as owners are less willing to take lower trade values.

      I remember back in the mid 90s when Saturn dealers would actually contact Saturn owners and tell them they would pay XXXX for their used Saturn. That really helped keep used Saturn values elevated back then as owners would not trade them in even at a non Saturn dealer for silly low amounts.
      “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime.”

    21. 10-07-2012 01:56 PM #46
      Quote Originally Posted by CBJ View Post
      The obvious move is to get a two or three year old Ford or Chevy. The major depreciation is done.
      Those are former rentals. Or have terrible resale due to market flooded by aforementioned former rentals.

      That alone is part if the reason the Honda will have better resale. NO RENTAL FLEET CARS FOR HONDA.

    22. Geriatric Member BRealistic's Avatar
      Join Date
      Dec 16th, 2005
      Location
      Tennessee
      Posts
      66,530
      Vehicles
      88 F150, 04 RX8
      10-07-2012 02:00 PM #47
      Quote Originally Posted by gsprobe View Post
      Those are former rentals. Or have terrible resale due to market flooded by aforementioned former rentals.

      That alone is part if the reason the Honda will have better resale. NO RENTAL FLEET CARS FOR HONDA.
      http://www.hertzcarsales.com/used-ca...ke/honda/civic
      “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime.”

    23. 10-07-2012 02:07 PM #48
      Smart Fortwo Pure (base model)

      -- DavidV

    24. Member
      Join Date
      Aug 17th, 2012
      Location
      The thin part of the Land of Potatoes
      Posts
      611
      Vehicles
      2013 Kia Forte SX sedan
      10-07-2012 03:13 PM #49
      Quote Originally Posted by adrew View Post
      The resale values are definitely improving. In 2010, I looked into dumping our 2007 Sonata which had about 48k miles on it at the time. I got appraisals in the $6900 range, which was rather disappointing since we had paid $16k for the thing three years earlier.

      We decided to keep it for awhile -- but after it started aging rapidly and after several warranty claims I took it to CarMax in summer 2011 (had 57k miles on it at that point) and they offered $10k for it despite a bunch of parking lot dings and a chipped windshield (and a pinging engine, sloppy transmission, shot shocks, noisy A/C compressor, etc).
      That was exactly my point in my earlier post: predicting resale values 4 to 6 years out is not as easy as it was ten years ago when Toyota and Honda ruled the roost. Now those two have plenty of company and there will probably be more if Ford's current plans pan out and GM succeeds. In fact, the only two companies I'd stay away from are Mitsubishi and Suzuki, everything else depends on what you like and the deal.

    25. Senior Member feels_road's Avatar
      Join Date
      Jan 27th, 2005
      Location
      East Bay Area
      Posts
      23,024
      Vehicles
      2010 MkVI MT TDI Golf, 2000 B5 4M Passat Wagon
      10-08-2012 06:41 AM #50
      Quote Originally Posted by kosb View Post
      Everybody predicted that Prius c will be a huge seller. And with gas prices crossing $5 in Cali, I'd say Prius will have the best resale value. Although for some strange reason, I have seen only one Prius c and one Prius v, and I have a 50 mile commute to New York 5 days a week. Where are these cars?
      They aren't really a good deal, at all. They don't have Prius space nor "comfort" nor "interior quality" (if the Prius even has those). Unlike the regular and the V, the C really isn't a Prius - but some really cheap hybrid hatch. You can buy a lot more car for that money, and an entirely different class of car (general quality, interior, and combination of great handling and smooth highway driving) with just a very small amount of additional money.

      Quote Originally Posted by ikonomore View Post
      Another alternative is a toyota corolla. The resale on those things is just amazing. It is a boring car but would be a perfect commuter.
      It's one of the worst commuter car I would want to drive. Noisy, rough, poor temperature control, horrible place to be in, the worst car I have driven in the past 20 years on on-and off-ramps, not confidence-inspiring at highway speeds, i.e. horrible handling all-around, and doesn't get advertized mileage if you ever make even slight use of the engine.
      Aung San Suu Kyi

    Page 2 of 3 FirstFirst 123 LastLast

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •