WHY S80 Depreciation so high?
Posted 29 May 2005 - 07:37 PM
If I were you, I'd avoid a used car dealer as most of them cheat. Here are
some of their tricks:-
1. Altering the the mileometer (most popular trick)
2. Display the car with new tyres and changing to older tyre when
delivering the car
3. Replacing easily removed parts of the car with fake parts e.g. brake
pads, absorbers, brake disc, wipers
4. Concealing defects of the cars such as suppressing/disconnecting
dashboard warning lights e.g if the ABS signal lights up permanently, they
suppress the signal.
I've heard more horrendous stories such as replacing the entire
dashboard/engine from the half cut shop. The long and short is you just
don't know for sure what you are getting. Forget about any words of
assurance or warranty from the dealer. Its worthless. Buying from an
owner, AutoWorld/VOCM forummer or FA/SM (during their"sale") will be a
safe alternative. I've heard from friends that PA is an exception to the
rule. Just my 2cents.
Posted 30 May 2005 - 12:01 PM
Unless the authorities do something about this, and come up with some laws
protecting the buyers, against all these inconsistencies in purchase-
expectations, then the buyers should continue to be aware!
Just be wary of the tactics lah. But I too, would like to suggest that you
get directly from the owner.
All the best.
Posted 30 May 2005 - 12:26 PM
Wow, the used car dealers only getting RM 95K - 105K from the owner, and
sell to us at such high price.
They are too much.
Anyway, it's hard to get it from direct owner, as most of the owner will
not easily let go their Volvo S80, becoz they will "RUGI" so much, almost
>50% in just 3-4 years.
When Federal Auto will having used car SALE ?
I called up Volvo in KL (next to Midvalley), no used car for Volvo S80.
Posted 31 May 2005 - 07:33 PM
condition though. Another one near Kg Pandan roundabout.
Maybe you can give them a visit. But they are second hand dealer too, just
in case you can get good ones there.
Posted 01 June 2005 - 07:37 AM
company owned and in order to save them trouble with several potential
buyers, with different price ranges, they dumped the car at the Used Car
Dealers, albeit at a lower price. Since it's company's money, who cares if
they loose a few thousand for the sale - less worry, hassle or delays. I'm
sure you've heard stories of their cars being hijacked when "buyers" come
over to their house, office, etc for trial runs.
If you're really serious about getting one, then advertise in the
classifieds. Some money need to spend one, I think a hundred should get
you 3 days in STAR. Back to your initial question, depreciation comes with
supply-demand balance and like I mentioned, once a company car touches 5
years (with part replacements coming into the picture), the companies will
dispose of their cars close to their "book-value" and get another new
unit. Sometimes it's to preserve the company's image to draw in more
prospective clients. Anyway, we have a number of businessmen here who
could tell you more - especially when they're car lovers.
Posted 01 June 2005 - 10:58 AM
after 2002 comes with 3 years warranty. Since the depreciation is high and
the car is still under warranty, they prefer to keep it first.
From what I heard, most S80's are owned by Japanese companies. Companies
normally will keep up to 5 years before they dispose off. That's explain
why you can see 2000/2001 models is a lot as compared to post 2002.
Posted 01 June 2005 - 12:37 PM
years, while computers equipment for just 2 years. Thus No Residual Value
for the car after 5 years (relative to companies account).
Posted 01 June 2005 - 02:34 PM
Done 6X,000 KM, but price is too high - RM 148K. too high, right ?
Finance told me that this car market value is only about RM 120K....and
loan upt0 80%
Thanks for your inputs.
Posted 04 June 2005 - 02:29 PM
NEVER BUY FROM USED CAR DEALERS... THEY ARE DIRTY CHEATING BAST...DS. If
u got the dough, go to an auction buy direct..usually 20 -30% cheaper
than from direct buyer.
For financing ...use yr imagination....
Posted 04 June 2005 - 07:35 PM
your 148K would b high if its the first 2 but reasonable if the 3rd