Seems the earlierV8 cab chassis toyos are suffering resale value??
Submitted: Monday, Aug 19, 2013 at 17:41
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Axle
If you have a close look at everything advertised , on the Net, Private, yards ,Whatever, the earlier toyo V8 utes are not holding the good resale value their renound for, Actually the last of the 4.2l Nissan are holding just as good a value.,Surprising but a definite fact,.. There where some niggly problems with Toyota in the earley days of that motor production.. seems it has made a bit of impact along the line,..A fencing contractor I know..who is happy to a point with his,reckons they just don't perform like you would expect, and has had Toyota utes for years.....
Cheers Axle.
Reply By: The Landy - Tuesday, Aug 20, 2013 at 11:54
Tuesday, Aug 20, 2013 at 11:54
Ultimately, depreciation (resale) is one factor in the overall cost of a vehicle.
Another factor will be the value of the Australian dollar, bear in mind we have enjoyed a currency that has appreciated against the US dollar to above parity, and against the Yen it has also appreciated.
That has now changed, and it has fallen in excess of 15% over the past few months against the US dollar, and similar against the Yen. This change in value of the currency will eventually be reflected in the imported cost of new vehicles, and I suspect this can have an influence on the resale price of vehicles, especially if the landed cost of new vehicles is going up.
But in reality, how many people buy vehicles with resale in mind, unless you are turning them over at a regular rate?
Yes, nice to know it holds its value, but there are so many other factors that might influence a vehicle purchase, including running costs over its useful life...
Vehicles will always be a depreciating asset – all the more reason to get Out and About to make the most of it, that is where its true value lies for many of us!
Cheers...
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Follow Up By: Member - Rosco from way back - Tuesday, Aug 20, 2013 at 14:11
Tuesday, Aug 20, 2013 at 14:11
You're on the money there cobber. Just take a look at the Landy stable as a classic example. Demand for 2nd hand Defenders is strong, which is reflected in their resale value.
Unfortunately the same can't be said about Discos or Rangies. The amount they appear to depreciate is quite scary if you own one or are considering same.
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