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Depreciation Of Cars


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#1
acapryl

Posted 01 August 2011 - 02:35 PM

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I've been wondering since years ago.. why some cars values depreciate so fast, and some cars still maintain its price even they're aged..

for instance :
integra dc5, 2005 still maintain its value ard 130-150k..
rx8, 2005 price has dropped ard 100k only.. the new one cost 240k.. compare to dc5 ard 200k only

theres so many other cars like dat
why it is so?

#2
scenic

Posted 02 August 2011 - 10:26 AM

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QUOTE (acapryl @ Aug 1 2011, 02:35 PM) <{POST_SNAPBACK}>
I've been wondering since years ago.. why some cars values depreciate so fast, and some cars still maintain its price even they're aged..

for instance :
integra dc5, 2005 still maintain its value ard 130-150k..
rx8, 2005 price has dropped ard 100k only.. the new one cost 240k.. compare to dc5 ard 200k only

theres so many other cars like dat
why it is so?


demand I guess and also cost of maintenance as well as availability of parts and technical know how in maintaining and repair the car. Cheers.
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#3
profkaizen

Posted 02 August 2011 - 01:35 PM

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QUOTE (scenic @ Aug 2 2011, 10:26 AM) <{POST_SNAPBACK}>
demand I guess and also cost of maintenance as well as availability of parts and technical know how in maintaining and repair the car. Cheers.


Coupled with the so called "perceived value" ...depreciation amongst all cars is not standardized. In the case of cars, while depreciation is alligned to accounting practices that may be apportioned it as linear, the term "devaluation" could be applied here as it denotes a deliberate move by the market forces to reduce the value of things which could be non-linear ...my 2 bahts worth smile_clown.gif

#4
stinger82

Posted 03 August 2011 - 02:09 PM

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well,

its simple.

rx8= high fuel consumption(higher than DC5) due to rotary engine design, and the rotary engine needs engine rebuild/overhaul every 100k km. Not many ppl can service the car for rx8 too.

so those that are selling cheap are near to engine rebuild time. costs about 10k-20k.


rx8 = sports car, higher maintenance to mortals.

dc5= honda, so usually fetch higher price, and the price for last 5 years it hardly depreciate. 5 years ago dc5 is rm150k, now its the same price.

#5
acapryl

Posted 04 August 2011 - 05:35 PM

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fairlady price also dropped alot.. 1 or 2 yrs price oredi reduce to half or less...
im not impressive anymore with this car.. since its 2nd hand value is very cheap.
many can have it, show off for 1 year or so and sell them back

#6
Newkelisa

Posted 05 August 2011 - 10:12 AM

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And not forgetting the RX8 is categorized as a sports car. That according to my insurance company entails higher insurance rates to compared to other cars.



#7
acapryl

Posted 05 August 2011 - 03:07 PM

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QUOTE (Newkelisa @ Aug 5 2011, 10:12 AM) <{POST_SNAPBACK}>
And not forgetting the RX8 is categorized as a sports car. That according to my insurance company entails higher insurance rates to compared to other cars.


sports car rates r diff from normal cars?

#8
Newkelisa

Posted 05 August 2011 - 05:29 PM

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QUOTE (acapryl @ Aug 5 2011, 03:07 PM) <{POST_SNAPBACK}>
sports car rates r diff from normal cars?

Yup.

A customer before me had some issues with his insurance, asking why so high and cannot reduce. When my turn I ask the staff at Takaful Insurance what the hoo hah ... turns out the guy has a Toyota Supra and insurance is higher, cannot afford to pay. Sports car are deemed risky as high risk of accident due most owners speeding smile_tongue.gif

#9
vr2turbo

Posted 06 August 2011 - 09:00 PM

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QUOTE (acapryl @ Aug 4 2011, 05:35 PM) <{POST_SNAPBACK}>
fairlady price also dropped alot.. 1 or 2 yrs price oredi reduce to half or less...
im not impressive anymore with this car.. since its 2nd hand value is very cheap.
many can have it, show off for 1 year or so and sell them back

One of my ex colleague did just that, before renew road tax because 3.5L........ smile_shock.gif

QUOTE (Newkelisa @ Aug 5 2011, 05:29 PM) <{POST_SNAPBACK}>
Yup.

A customer before me had some issues with his insurance, asking why so high and cannot reduce. When my turn I ask the staff at Takaful Insurance what the hoo hah ... turns out the guy has a Toyota Supra and insurance is higher, cannot afford to pay. Sports car are deemed risky as high risk of accident due most owners speeding smile_tongue.gif

Wah! like that WRX and the EVO all high Insurance??

#10
tpl

Posted 09 August 2011 - 08:17 AM

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QUOTE (vr2turbo @ Aug 6 2011, 09:00 PM) <{POST_SNAPBACK}>
One of my ex colleague did just that, before renew road tax because 3.5L........ smile_shock.gif


Wah! like that WRX and the EVO all high Insurance??

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