LANDCRUISER 100 HDJ100 (TD 4.2L)
Submitted: Thursday, Feb 21, 2008 at 20:54
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morgan
I am looking to buy a 2005 Cruiser auto diesel GXL but am confounded by the prices being asked by dealers and private sellers. The private blokes want $5 to $10k above the carsales valuation in general (some more). Am I or carsales not being realistic? Is this a result of the late release of the 200 series? Would appreciate the opinions of those who know as this is a big decision (for me).
Reply By: Member - JohnR (Vic)&Kath - Thursday, Feb 21, 2008 at 21:54
Thursday, Feb 21, 2008 at 21:54
The prices at the time of the initial release of the 200 seemed to go up drawn by the increase in price of the new ones. I saw a 200 GXL with the optional KDSS
suspension today though at a 'Drive away" price nearly $3k below the listed price of the GXL without the KDSS, before delivery charges, so quite a discount.
When reality comes back to the market, they may all come back a bit. Friend says he had seen the VX at a similar price in a 200!
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Reply By: Andrew from Vivid Adventures - Thursday, Feb 21, 2008 at 21:59
Thursday, Feb 21, 2008 at 21:59
carsales valuations...
well, they are pretty worthless. The price a car is worth is what someone is prepared to pay for it at the moment they buy it. That may be more and may be less than carsales valuations.
Every private bloke wants every brass razoo he can get. He thinks his truck is the best thing since sliced bread and that he needs to get back every dollar (or every $1,000 because as we know that is how much it costs to touch a truck) he has spent on it over it's pampered existence.
In reality, he eventually settles for a lot less, either as a trade-in at the dealers where those things are not even noticed, or he waits long enough for someone to come along willing to pay not quite so much less, but nearly so.
I don't think the 200 series would make any difference whatsoever.
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Reply By: Off-track - Thursday, Feb 21, 2008 at 22:01
Thursday, Feb 21, 2008 at 22:01
Yep, prices for 100TD's are staying high and even appreciating since the release of the 200. Demand outstripping supply. Have heard of some secondhand 06/07 models selling for more than their new price!
Probably looking at around 60k for a good 05 model.
They will come down eventually once the 200 has been around a bit, but I wouldnt expect them to plummet.
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Reply By: MEMBER - Darian (SA) - Friday, Feb 22, 2008 at 08:31
Friday, Feb 22, 2008 at 08:31
In Sept 07 I bought our 05 100 GXL TD 'MANUAL' for $54k at the SA Gov.t Auctions - I was probably bidding against dealers who put a hefty markup on them for yard sales. I too was aghast at what the dealers wanted for them. Most of the units coming through the auctions look very ordinary - a lot have had a hard 2 years in the bush -
mine was an exception - very tidy in and out, and with a good list of offroad goodies already on there, I'm still happy - apples for apples, if auto comes into the equation, I was advised to expect approx. an extra $3k.
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Reply By: Member - Dalb (SA) - Friday, Feb 22, 2008 at 11:09
Friday, Feb 22, 2008 at 11:09
Morgan
I went thro this exercise exactly 12 months ago. I wanted a lowish mileage 100TD up to 5 years old, with as many extras as possible.
Not sure what you mean by car sales valuation, but if you mean the Red Book prices I found them to be almost $10k under what the going market price was at the time - and this was Australia- wide dealer and private prices, not just in one state.
I paid nearly $10K over the Red Book price (knowing it was a fair market price) but this caused a problem when I went to insure it.
The insurer (RAA Ins) was initially skeptical, but did not ask for a valuation as they were satisfied by a photo of the vehicle that clearly showed its condition, and luckily they agreed to insure the vehicle for what I paid for it.
Cheers, Dalb
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