Determining a Vehicles Value...

Submitted: Sunday, Sep 05, 2010 at 11:29
ThreadID: 81147 Views:3607 Replies:9 FollowUps:8
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...from a Buyer's perspective, I'm in the market for a Troopy. Comparing apples with apples ie made in 2008, have the same features and accessories, the only difference being one has 14,000ks with a price of $58,000 (private sale) and others have from 43,000ks to 100,000ks with a price of $45,000 (Auction House). For the $13,000 difference which way does one go.

Your thoughts/opinion would be appreciated.
Thanks
Rod
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Reply By: Member - Toyocrusa (NSW) - Sunday, Sep 05, 2010 at 12:58

Sunday, Sep 05, 2010 at 12:58
G'day Rod. Carsguide has some pretty good figures for Retail, Private and trade values. They are the same as from the Redbook so that may help you. Bob
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Reply By: Member - Scooby (WA) - Sunday, Sep 05, 2010 at 14:31

Sunday, Sep 05, 2010 at 14:31
Rod,
The private sale, only 14000K, offer him $50k. Make sure it's white and not red.
Scooby
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Reply By: Member - dave e (QLD) - Sunday, Sep 05, 2010 at 15:34

Sunday, Sep 05, 2010 at 15:34
hi rod,i was in the same predicament? as you a few years back,private sellers always want more,beacause they want to cover there loss on the vehicle they bought new,but government auctions arent quite so worried about that as they probably didnt pay tax on it anyway.
after months of research i bought from an auction a troopy that was 22 months old had 44000kms on it and still had 14 months warranty left it was almost half the price of a new one had full service history and a good report(it was ex government),pickles auctions you can buy for less than $20 the last months prices that all there cars sold for(thats $20 for each auction eg brisbane,if you want sydney prices thats another $ 18 or so,that will give you an average on what a troopy is going for.
dont be afraid to buy at government auction,ive bought several cars from there now for family and friends,you can even do it online now,they all have service history and condition reports and the big bonus of still being under warranty.
hope this helps
dave
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Reply By: Axle - Sunday, Sep 05, 2010 at 15:36

Sunday, Sep 05, 2010 at 15:36
G/Day Rod, There"s no substitute for low ks in my opinion, !4,000 km It is probably better than new!, as long as the dealer service is guaranteed from day one. The only thing about how good a buy is probably determined by the price of a newie, But dont forget Toyos hold their value extremeley well.


Cheers Axle
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Follow Up By: goddosglory - Monday, Sep 06, 2010 at 15:24

Monday, Sep 06, 2010 at 15:24
try getting help from an auction house after they have your money...research.
then find the one you want at a reputable dealer...negotiate..and pay...
then if something goes wrong....you at least have a relationship with a dealer
who will try and sort things out for you
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Reply By: Stevesub1 - Sunday, Sep 05, 2010 at 17:13

Sunday, Sep 05, 2010 at 17:13
We just bought a Thrifty ex-rental (full service history) 2008 Camry with 67,000km for just under half the new price - just like new and still 13 months factory warrenty. My neighbour just bought a new Canry Hybrid, nearly 3 times what we paid for ours!!!!!!!!! He has all the extras but they are just nice toys, we have been there done that with new high spec'd cars and now want a basic car at the right price and not loose an arm, leg and the shirt on our back in depreciation.

Most of my vehicles that I have bought over the years have been ex-rentals or ex-company and we have always been bargin with no more problems than vehicles bought privately. Just check the service history.

Our Troopy was ex Hertz, now 250,000km and had it 7 years and never want to part with it, nil problems other than a gearbox design problem (2000-2003 problem).

Stevesub
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Follow Up By: Member - lyndon NT - Sunday, Sep 05, 2010 at 21:46

Sunday, Sep 05, 2010 at 21:46
What was the Gear box problem Steve? Haven't heard about it?
Now is the only time you own
Decide now what you will,
Place faith not in tomorrow
For the clock may then be still

Member
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Follow Up By: Stevesub1 - Monday, Sep 06, 2010 at 06:49

Monday, Sep 06, 2010 at 06:49
The 2000 to 2003 Troopys had a 2 piece shaft in the gearbox with a spline in the middle - the splines strip and you end up with no drive. Ther fix is to put a one piece shaft in. Don't ask me the exact details as I do not know exactly which shaft.

Most should have been fixed by now.

We were lucky as we were due to be in the middle of the Simpson when ours went but we did not do that trip due to health reasons - Lucky as.

Stevesub

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Follow Up By: olcoolone - Monday, Sep 06, 2010 at 09:52

Monday, Sep 06, 2010 at 09:52
Are you sure it has factory warranty, Thought hire companies didn't get factory warranty.
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Follow Up By: Stevesub1 - Monday, Sep 06, 2010 at 09:56

Monday, Sep 06, 2010 at 09:56
That is what the dealer told us and advertised to car as having.

Stevesub
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Follow Up By: olcoolone - Monday, Sep 06, 2010 at 13:09

Monday, Sep 06, 2010 at 13:09
Stevesub, I would double check as most rental car companies are excluded from new vehicle warranties... it has something to do with the price they buy them for.
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Follow Up By: Stevesub1 - Monday, Sep 06, 2010 at 13:30

Monday, Sep 06, 2010 at 13:30
OK, when I get back home I will check, I am working overseas right now.

Stevesub
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Reply By: Member - reggy 2 (VIC) - Sunday, Sep 05, 2010 at 20:47

Sunday, Sep 05, 2010 at 20:47
put in glasses price guide on google it will give u second hand prices
cheers reggy2
AnswerID: 429471

Reply By: Outa Bounds - Monday, Sep 06, 2010 at 10:27

Monday, Sep 06, 2010 at 10:27
Yes for the private one the owner is factoring in what they paid for it, if brought new including all the taxes etc.
What I would do is check out dealer prices for the same sort of vehicle (ie the same age, one owner or whatever) and work out from that weather it's a fair price or not.

We were selling a 79 series ute recently, got just under 40, for it, and I know we could have got more. Similar examples from dealers were priced around 45k, but then you had the same thing, turbo diesel, same year etc and priced at $35k as well, I believe these would have been the ex miners etc.

So yes I think in some ways private vehicles do demand a higher price as most have probably had an easier life for the k's they've done.

40,0000k's or even 65,000k's seems to be when the mining companies / govt are getting rid of them. Nothing wrong with buying an ex govt vehicle, it depends on your needs and what you're going to do to it or with it. I guess though if you want to keep it for a long long time then you want to find one that's in the best condition you can and that might mean going with a private one, or private through a dealer even.

I guess the other side of the argument is that $13000 would cover quite a few repairs or accessories that you might want to add!

We did buy a ex govt 75 series before the latest one, it's recovery points were broken and chassis really caked with mud so much so that we couldn't clean it out properly (ex enviro vehicle I believe). It drove really well but not exactly the kind of vehicle you want to keep for the long term.
AnswerID: 429512

Reply By: 3GoBush - Monday, Sep 06, 2010 at 10:55

Monday, Sep 06, 2010 at 10:55
You will probably find that a dealer will by the ones at an auction at $45 k, then they will hose it down and put in the yard at $55 k, this is pretty much how it works.

Trust me with dealers, they can and will out bid you.
AnswerID: 429514

Follow Up By: get outmore - Wednesday, Sep 08, 2010 at 04:46

Wednesday, Sep 08, 2010 at 04:46
especially with high value/ought after vehicles like a troopy the dealers will be interested

you can outbid them but a total bargain is very unlikely, the best you can hope for is to get the first bid after the dealers give up accepted
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Reply By: olcoolone - Monday, Sep 06, 2010 at 16:19

Monday, Sep 06, 2010 at 16:19
I would buy the dearer one with 14,000k...why?

You know the history and the chances are it is in better condition then the others.

The other ones sound like ex mining or from aboriginal communities, both have more then likely been hammered hard with little maintenance.

Plus you don't know how much they had be tidied up fro the auctions...this may only become evident after a years or so when the paint starts to deteriorate.

We use to have to go through end of lease mining and aboriginal vehicles before being sold, the lease'e had to pay for any damage to be repaired before the vehicle was handed back.......so in other words if they could save $100 on something by getting a cheap job done they would and no body would know any different until when sold.

Coal mining vehicles are the worst...you can never stop the black coming out.

The other think is if the vehicle is still under new car warranty you can get another 3 years and up to 175,000k Toyota factory warranty.

AnswerID: 429535

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