| General Anything not relating to one of the following Holden Commodore categories |
07-03-2006, 07:55 PM
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Ride: VZ Executive
Join Date: Aug 2004
Location: Adelaide
Posts: 146
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How much are you losing a year?
For no reason in particular I have been looking at depreciation of new commodores. Is it just me or is it absolutely ridiculous? The numbers below are all off the internet and I’d like to know if you think they’re accurate. They are all 2004 sedans with 20,000 – 40,000kms. The only difference is the state they are being sold in.
'04 VZ Executive Sedan
New - $35,410
1 Yr Old - $23,990
Loss - $11,420
'04 VZ Acclaim
New - $39,050
1 Yr Old - $26,990
Loss - $12,060
'04 VZ Berlina V6
New - $42,990
1 Yr Old - $31,990
Loss - $11,000
'04 VZ Calais V6
New - $52,660
1 Yr Old - $37,750
Loss - $14,910
'04 VZ SV6
New - $38,990
1 Yr Old - $29,998
Loss - $8,992
'04 VZ SS
New - $50,990
1 Yr Old - $39,990
Loss - $11,000
And that’s just in one year!! That’s like $30 per day.
Are my numbers accurate or have I missed something?
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07-03-2006, 09:28 PM
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Ride: VRII Acclaim
Join Date: Jul 2005
Posts: 2,431
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Isnt that insane. I would never buy a new car. Figures look accurate too. At least with an older car, say VR/VS and older the price hits a flat, where it wont decrease much over time if its looked after. Still have running costs.
I was looking at cars on the weekend and came across Fords with the 290kW boss engine. 2003 model i think selling for just over $20k (you could easily get it down to $20k). Like top range cars selling at that price - whats wrong with them.
Once the new VE comes out with its new shape the VY and VZ will just drop like a lead weight in value. Those figures $30 should worry most people. If your paying that plus costs - thats a decent chunk of your pay for the day - everyday.
Nice work daveb8. Nice to see real research and results. 
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07-03-2006, 09:35 PM
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Ride: 5.7 lt VY1 sleeper
Join Date: Oct 2005
Location: Adelaide
Posts: 72
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I agree, "not happy Jan" My 03 VY I bought 2nd hand 14 months ago now has dropped around 8-9k  
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07-03-2006, 10:47 PM
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The Kicking Horse
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Ride: VX Executive S2 + XF Panel Van Project
Join Date: Apr 2005
Location: Geelong, Vic
Posts: 2,533
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No way.. You can't buy an 03 VY for 9 grand..
You can barely get a 1999 VT Exec for that much..
__________________
Shounak
Always Right
My Ride
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07-03-2006, 10:54 PM
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!!!GO TIMMY GO!!!
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Ride: VX SS 5.7
Join Date: Oct 2005
Location: Bunbury, W.A
Posts: 305
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i lost my lighter today  neva mind ive got a few more.
but my marbles are my biggest loss, ill never forgive you jacob mangrypants the 9th. when i find you im gonna take your teeth and buy a cow...
__________________
Ash to Ash
Dust to Dust
Fade to Black
....The Memory Remains....
..RIP TIMMY..
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08-03-2006, 08:15 AM
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Ride: VZ Executive
Join Date: Aug 2004
Location: Adelaide
Posts: 146
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Quote:
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Originally Posted by Shounak
No way.. You can't buy an 03 VY for 9 grand..
You can barely get a 1999 VT Exec for that much..
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no he meant its dropped by 9 grand not to 9 grand. probably from $26k - $18k or something
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08-03-2006, 09:28 AM
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Tells it like it is.
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Ride: VE SS-V, VP SS
Join Date: Aug 2004
Location: SE Suburbs, Melbourne
Posts: 1,773
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Quote:
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Originally Posted by daveb8
For no reason in particular I have been looking at depreciation of new commodores. Is it just me or is it absolutely ridiculous? The numbers below are all off the internet and I’d like to know if you think they’re accurate. They are all 2004 sedans with 20,000 – 40,000kms. The only difference is the state they are being sold in.
'04 VZ Executive Sedan
New - $35,410
1 Yr Old - $23,990
Loss - $11,420
'04 VZ Acclaim
New - $39,050
1 Yr Old - $26,990
Loss - $12,060
'04 VZ Berlina V6
New - $42,990
1 Yr Old - $31,990
Loss - $11,000
'04 VZ Calais V6
New - $52,660
1 Yr Old - $37,750
Loss - $14,910
'04 VZ SV6
New - $38,990
1 Yr Old - $29,998
Loss - $8,992
'04 VZ SS
New - $50,990
1 Yr Old - $39,990
Loss - $11,000
And that’s just in one year!! That’s like $30 per day.
Are my numbers accurate or have I missed something?
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The numbers aren't good however you are quoting RRP. Most people & especially businesses don't pay this. For example my VYII ss was $53,000 RRP with all the addons (leather seats etc) but managed to put it on the road for $44,000. There is still a heap of depreciation but maybe not quite to the extent that you have there.
Reaper
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08-03-2006, 10:38 AM
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Donating Member
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Ride: LS1Turbo tuned Clubsport,2002 Honda Civic
Join Date: Nov 2005
Location: Adelaide Essay
Posts: 1,656
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thats just how it is with crappadores or fords. Ill trade mine in 2/3 years and get another new car. Ive had enough of cars with problems that i have to fix, just keep it till warranty is gone and then upgrade.
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Quote:
Originally Posted by Skitz
Go ahead with the SS badges,you will reap the benefits.
I have put SS badges and the kit on my VE Omega and when I go cruising and rev it past the girls.........well what can I say,they have drool running down their face.I chuck a U-turn and they say ''Nice car'' and I say ''It's an SS,jump in''.
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08-03-2006, 10:55 AM
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Ride: HSV VE Maloo R8 LS3 6.2L
Join Date: Feb 2005
Location: Perth
Posts: 1,752
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Quote:
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Originally Posted by highendrev
thats just how it is with crappadores or fords. Ill trade mine in 2/3 years and get another new car. Ive had enough of cars with problems that i have to fix, just keep it till warranty is gone and then upgrade.
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Either do this or always buy 2nd hand, as you wont loose as much money that way as you will brand new.
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Some people say less talk more action, i say more torque less traction.
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08-03-2006, 12:23 PM
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Ride: VC sle '81
Join Date: Nov 2005
Posts: 87
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Quote:
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Originally Posted by Shounak
No way.. You can't buy an 03 VY for 9 grand..
You can barely get a 1999 VT Exec for that much..
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In SA its hard to find a Vt over 10 grand.
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08-03-2006, 01:22 PM
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Ride: VL Berlina
Join Date: Oct 2005
Posts: 96
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sounds about right.
here you can get a good vt average km's for 7-9k
vr-vs 5-7k
and vn-vp you can pick up from 1200-5k max depending how good it is.
These are caryard prices.
makes sense considering how many are out there.
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08-03-2006, 02:46 PM
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Ride: VS S1 Executive V6
Join Date: Aug 2005
Location: Maroochydore
Posts: 710
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Quote:
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Originally Posted by Shounak
No way.. You can't buy an 03 VY for 9 grand..
You can barely get a 1999 VT Exec for that much..
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my brother in law was looking around for a VT11 a few weeks ago... I thought piece of ****, he'll pick one up cheap as!
he ended up with a 1999 VT 11 with 189,000k's on it for $8,900 (he had a budget of $9,000) it had some good stereo gear & in good cond. logbooks etc.as soon as they have 100,000 k's or thereabouts, they seem to command an extra couple of grand....
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Program About To Be Released So I Jumped Aboard...
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08-03-2006, 02:51 PM
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Ride: VS S1 Executive V6
Join Date: Aug 2005
Location: Maroochydore
Posts: 710
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brought my Calais for $13,000 approx 3 years ago...
now shes lucky to pull $7500.
not as bad as some of the newer cars, but calais seem to drop heaps quick...
whats the go with VL's? they hold they value like nothing else.
it seems that anytime you buy a car over $5,000 you stand to lose a lot in the first year or so.
if I ever borrowed over $5000 to buy a car I think I would buy a diesel 4wd next time around. these seem to hold there value better than anything. especially 4wd utes.
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Program About To Be Released So I Jumped Aboard...
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08-03-2006, 02:57 PM
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Ride: VY2 Commodore
Join Date: Sep 2005
Trade Rating: ( | | | |
