Team-BHP - View Single Post - Resale Value

lamborghini · 20th November 2005, 11:43

Nice write up Ajmat.
If you notice, it is always the drivers cars that loose out (Mondeo, Palio, Forester).
BTW we too prefer new cars and of our lot we have the Merc, corolla, OHAccord (our only second hand car and we will sell it for half the money we got it for - First Honda accord sold by Honda. Check out the first Accord vs Sonata in ACI and that is our accord) which should keep their resale value while the Palio and the lancer will not.
So in order to fix that, after 5 years, instead of seling the lancer off, we will put her to company use.
In or office, we have 2 ikons done 130Kkm and 85Kkm (2000, 2001 year resp.) and it makes much more sense to put 30K and use them for 2 - 3 years more then sell them for 1.5 - 1.7L.

20th November 2005, 11:43	#2 (permalink)
lamborghini Senior - BHPian Join Date: Apr 2004 Location: South Mumbai/Smithfield, RI, USA Posts: 2,657	Nice write up Ajmat. If you notice, it is always the drivers cars that loose out (Mondeo, Palio, Forester). BTW we too prefer new cars and of our lot we have the Merc, corolla, OHAccord (our only second hand car and we will sell it for half the money we got it for - First Honda accord sold by Honda. Check out the first Accord vs Sonata in ACI and that is our accord) which should keep their resale value while the Palio and the lancer will not. So in order to fix that, after 5 years, instead of seling the lancer off, we will put her to company use. In or office, we have 2 ikons done 130Kkm and 85Kkm (2000, 2001 year resp.) and it makes much more sense to put 30K and use them for 2 - 3 years more then sell them for 1.5 - 1.7L. __________________ ¢нєєяѕ ℓαмвσ lamborghinirules@gmail.com Last edited by lamborghini : 20th November 2005 at 11:56.