Toyota verse Nissan resale

Submitted: Wednesday, Jul 14, 2004 at 16:59
ThreadID: 14660 Views:3285 Replies:3 FollowUps:5
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Hi,

I've read heaps of times that Toyota has a better resale value than Nissan. I've been looking for a ute so decided to look for a Nissan this being one of the reasons. Just checked the Red Book prices and was suprised to see the reverse. For 2002 utes Nissan hold their price by a few grand more. This isn't to start a war just to pass on some info.

Regards
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Reply By: Bonz (Vic) - Wednesday, Jul 14, 2004 at 21:09

Wednesday, Jul 14, 2004 at 21:09
You read right, what the Nissan does slightly better than the Toyota is the % resale value, so if you spend 50k on a Nissan or 70k on a Toyota the Nissan has a slightly higher retained value in %, something like 65% after 2 years (maybe 3) the Toyota is like 64%. Bugger all difference really, but you have to find bigger $$ up front to seel it for more later. Good to hear the Nissans are holding theor value more, good news for me.
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Follow Up By: Jimbo - Wednesday, Jul 14, 2004 at 21:21

Wednesday, Jul 14, 2004 at 21:21
Ooooh,

You are going to upset a few people.

And Bonz you are bang on the money; the dough spent initially has to come from somewhere, has to be financed, needs to amortized etc. Marketing has to be paid for, generally by the consumer.

To the parochials, dont shoot the messenger.

Jim.
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Follow Up By: Bonz (Vic) - Wednesday, Jul 14, 2004 at 21:30

Wednesday, Jul 14, 2004 at 21:30
My Momma always used to tell me "Life is like a box of Chocolates, but them Toyota chocolates cost more"
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Reply By: rolande- Wednesday, Jul 14, 2004 at 21:31

Wednesday, Jul 14, 2004 at 21:31
The important thing is the difference between actual purchase price and actual sale price. There is a big difference between 80% retained value when you spend $100,000 compare to $10,000 so use this as a basis
Rolande
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Follow Up By: Jimbo - Wednesday, Jul 14, 2004 at 21:44

Wednesday, Jul 14, 2004 at 21:44
R,

That's a little cryptic, you need to elaborate.

Jim.
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Follow Up By: Bonz (Vic) - Wednesday, Jul 14, 2004 at 22:12

Wednesday, Jul 14, 2004 at 22:12
ummmm yes actual purchase against actual sale price? I might have to go back to the flatulence post where I at least understand things
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Follow Up By: rolande- Wednesday, Jul 14, 2004 at 22:58

Wednesday, Jul 14, 2004 at 22:58
80% retained value of $100,000 = $80,000, total loss $20,000

80% retained value of $10,000 = $8,000, total loss $2,000

Best examle Range Rover Highline buyers, (and later sellers).

Buy for $149,000, sell for $49,000 5 years later, good way to burn a quick $100,000!
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Reply By: Member - Jeff M (WA) - Thursday, Jul 15, 2004 at 12:03

Thursday, Jul 15, 2004 at 12:03
Yup, that's why at $19k the surf was my choice (apart from the fact that's all I was really able to fork out!). But even if I sell it for $500 to a scrap yard in 5 years time, I've still only lost $18.5k!
More likely I would sell it for about $6-$7k when it's time for her to go, in which case I've only lost $12k. Even if I have to spend $5k on repairs throughout total ownership, I'm still doing ok!
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