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Which brand of vehicles have the highest and lowest resale value?


jaideeguy

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I think we all would say that Toyota and Honda hold their value better than most other brands when it comes to the Thai market. Given that, what would be the 3rd and 4th best and which would be the worst in keeping a high resale value??

That's not to say that Toyota and Honda are the best cars in LOS.................

As this is some consideration to keep in mind when shopping for a vehicle, the original price savings in purchasing a vehicle could equal the price difference when selling, right? You could be breaking even if you buy a less popular brand at a lower price and then taking a loss later when you sell.

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Pos Brand Sep-13 % 2013 % Pos

1 Toyota 31,127 32.8% 333,899 32.3% 1

2 Honda 13,679 14.4% 176,938 17.1% 2

3 Isuzu 11,923 12.6% 161,336 15.6% 3

4 Nissan 8,501 9.0% 76,482 7.4% 5

5 Mitsubishi 8,017 8.5% 80,515 7.8% 4

6 Chevrolet 4,813 5.1% 45,771 4.4% 6

7 Suzuki 4,014 4.2% 35,417 3.4% 9

8 Mazda 4,005 4.2% 41,684 4.0% 7

9 Ford 3,984 4.2% 39,435 3.8% 8

10 Hino 1,602 1.7% 15,146 1.5%

Theres the top ten. Taken from here about two thirds of the way down the page. - http://bestsellingcarsblog.com/2013/12/05/thailand-september-2013-discover-the-top-50-best-selling-models/

Edited by Pomthai
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Pos Brand Sep-13 % 2013 % Pos

1 Toyota 31,127 32.8% 333,899 32.3% 1

2 Honda 13,679 14.4% 176,938 17.1% 2

3 Isuzu 11,923 12.6% 161,336 15.6% 3

4 Nissan 8,501 9.0% 76,482 7.4% 5

5 Mitsubishi 8,017 8.5% 80,515 7.8% 4

6 Chevrolet 4,813 5.1% 45,771 4.4% 6

7 Suzuki 4,014 4.2% 35,417 3.4% 9

8 Mazda 4,005 4.2% 41,684 4.0% 7

9 Ford 3,984 4.2% 39,435 3.8% 8

10 Hino 1,602 1.7% 15,146 1.5%

Theres the top ten. Taken from here about two thirds of the way down the page. - http://bestsellingcarsblog.com/2013/12/05/thailand-september-2013-discover-the-top-50-best-selling-models/

This ranking is by new sales volume. The OP is talking about which brands hold there value or depreciate least. Depreciation is not necessarily related to new sales, sometimes the reverse. Generalising brands is a bit sus as depreciation also varies between models and with time.

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Pos Brand Sep-13 % 2013 % Pos

1 Toyota 31,127 32.8% 333,899 32.3% 1

2 Honda 13,679 14.4% 176,938 17.1% 2

3 Isuzu 11,923 12.6% 161,336 15.6% 3

4 Nissan 8,501 9.0% 76,482 7.4% 5

5 Mitsubishi 8,017 8.5% 80,515 7.8% 4

6 Chevrolet 4,813 5.1% 45,771 4.4% 6

7 Suzuki 4,014 4.2% 35,417 3.4% 9

8 Mazda 4,005 4.2% 41,684 4.0% 7

9 Ford 3,984 4.2% 39,435 3.8% 8

10 Hino 1,602 1.7% 15,146 1.5%

Theres the top ten. Taken from here about two thirds of the way down the page. - http://bestsellingcarsblog.com/2013/12/05/thailand-september-2013-discover-the-top-50-best-selling-models/

So how does this answer the OP 'which brand has the highest and which the lowest resale value'?

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You pedantic gits. cheesy.gif I didn't carve my response in stone, I though I'd found something that might have proven slightly usefull as a guide to the OP at least.

Merry Christmas. whistling.gif and synthetic oil is better as well.

And AoP 11 and 12. And also thanks I know what a Hino is now that you've pointed it out to me that it is a heavy truck.

For those that aren't sure, Hino trucks are the ones that try to kill you every day if you drive for more than 15 minutes at a time here.

Edited by Pomthai
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Resale values of tier-2 are all pretty much the same. Basic rules apply - lower trim levels depreciate less % wise than higher trim levels, more desirable models get better resale than less desirable ones. You cannot really generalise by brand - e.g.a Chev Colorado has much better resale value than an Optra or Cruze. Toyota and Honda no longer have the big resale gaps they used to have BTW.

If you're talking about the Spin you've been discussing, due to it's low popularity in the new market you could expect it to be less desirable used, so depreciate more than other cars selling new at the same price now.

Edited by IMHO
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Resale values of tier-2 are all pretty much the same. Basic rules apply - lower trim levels depreciate less % wise than higher trim levels, more desirable models get better resale than less desirable ones. You cannot really generalise by brand - e.g.a Chev Colorado has much better resale value than an Optra or Cruze. Toyota and Honda no longer have the big resale gaps they used to have BTW.

If you're talking about the Spin you've been discussing, due to it's low popularity in the new market you could expect it to be less desirable used, so depreciate more than other cars selling new at the same price now.

Yes IMHO, I was talking about the new and unproven Spin which by appearances is a far superior to the Toyotas in it's class [Avanza and Innova], but priced way lower to begin with.

I'm beginning to think that the original price savings in purchasing a vehicle could equal the price difference when selling so you could be breaking even if you buy a less popular brand at a lower price and then taking the loss later when you sell.

Does this make sense??

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Some brand name appear to hold there value, 1st that come to mind is Suzuki...

Re brand new have seen loads of the new Suzuki Ertiga on the roads, yet only 1x Chevy Spin, both showrooms are the same distance from me.

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Resale values of tier-2 are all pretty much the same. Basic rules apply - lower trim levels depreciate less % wise than higher trim levels, more desirable models get better resale than less desirable ones. You cannot really generalise by brand - e.g.a Chev Colorado has much better resale value than an Optra or Cruze. Toyota and Honda no longer have the big resale gaps they used to have BTW.

If you're talking about the Spin you've been discussing, due to it's low popularity in the new market you could expect it to be less desirable used, so depreciate more than other cars selling new at the same price now.

Yes IMHO, I was talking about the new and unproven Spin which by appearances is a far superior to the Toyotas in it's class [Avanza and Innova], but priced way lower to begin with.

I'm beginning to think that the original price savings in purchasing a vehicle could equal the price difference when selling so you could be breaking even if you buy a less popular brand at a lower price and then taking the loss later when you sell.

Does this make sense??

I see where your head is at, but if resale value is your concern, you should be looking at a volume seller. You buy Chev's to be different, not because of economics :)

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Don't see any JDPower/Red/Blue residuals books in Thailand, so I'd stick with the volume brands/models unless you're willing to take a punt on a niche vehicle - eg a Series 1 MX5 or similar.

Boring Huh?whistling.gif

Redbook and Bluebook are both here. JD Power don't do residual values here, just their normal satisfaction and quality surveys.

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