Hi All, I am looking to upgrade my VXII Berlina to a VF Calais V. My impression of the VF Calais V is that it is the best of its kind ever produced and its a shame Holden is ceasing production. What I would like to know is how will the closure of Holden manufacturing in 2017 affect the resale value of the VF. This also includes support and spares. I am not seeking to stir up a Hornet's nest just looking for some honest opinions and feedback. I have done a google search on this topic with no luck. Apologies if this issue has been discussed in a another thread.
... Holden have said that cessation of local manufacturing will not affect product support via spare parts etc for Australian built models (obviously inc VF) and after this came out, they released the 'capped price servicing' regime in support of that. resale of VF after manufacturing ceases? how long is a piece of string? if you have a standard EVOKE... nothing out of the ordinary in my opinion if you have a SSv or a HSV I think it will strengthen resale values coz there is no way Holden will have a vehicle like a hot Clubsport in sedan version or SSV ute available. No.. the Colorado won't cut it nor will a V6 Insignia
No different to any other car. You'll lose roughly half every 2 to 3 years. A $55k Calais V will be worth mid 20's in 3 years time.
I wouldn't worry too much about resale; most cars you buy are going to depreciate about the same percentage, from the best to the worst it's really not that much different; as soon as you're buying something new that's not $15k drive-away & automatic & cute you're going to lose a lot of your money. If it's just about the money - stick with the VZ. Is Calais V optionally V8, or both 6 & 8? If 8, I honestly think that for about the same money an SS V Redline with much the same equipment but a more assertive appearance/image will be better for resale. If 6, then I don't think that for most future buyers it will offer a lot more than the FWD or AWD alternatives that'll be around; despite them being the best Commodore, I'm not entirely sure they'll keep their value any better than most Falcodores of days gone by.
Thanks for your responses guys. No its not specifically about the money. Just some general questions out if interest. I test drove a VF Calais V 3.6l on the weekend and was mightily impressed with it compared to my VX.In reality no comparison considering the generation gap between these models. I was wavering and looking at other brands eg. Skoda, Volkswagen, Hyundai and for my mind nothing really compares to the Calais/Commodore particularly the rear wheel drive aspect and the fact it is a large car. I have been driving for 26 years and have owned a VC Commodere L (1 year), VB Commodore L (14 years) and the VX Berlina (11 years). When it's time to replace the VF, I think it's going to be really difficult finding a suitable replacement. Could always go for a Camaro if the kids have moved out .
Agree 100% if you buy a 15 Grand car and keep say 10 years, how much has it depreciated - it may be worth say $2K after 10 years -$1,300 a year. Buy a $50K Calais, in 10 years it will be worth less than 10 grand - not less than 4 grand a year. If you decide to keep that Calais for say 5 years, what is it going to be worth - say $20k if your very lucky and the Kms are good, that's at least $30K depreciation for 5 years so say $6K a year. I tend to think the V8 will hold value a bit better, and as has been said in other thread, the likely 6.2 in VF II is most likely to hold better value than the current 6.0 litre cars. I think the 6.2's will hold up pretty good as you won't be able to buy a comparable replacement. Something like the One Tonners say 10 years ago, they seemed to have good resale when they were no longer available and there was no equivalent replacement.
I think there is legislation that dictates a cars spare parts must be maintained/stocked for atleast 7 years after production ceases. I read that somewhere. And then ya will just goto autopro, repco, rare spares etc to find what ya need.
This is true, but it doesn't hold if the importer/retailer sells all the parts & the manufacturer of those parts goes out of business. A few years back I was looking at EB's & ED's for Dad, his only two requirements in terms of equipment were cruise & aircon ... and GLi's were massively cheaper than the first model that had cruise standard. Those cars were only about 5 years old, but when I asked at the Ford dealer how much a cruise-control kit would cost, answer was about $700 except there were none in stock & the manufacturer had shut down so there would never be any in stock. Unfortunately, I think the Falcodore-specific parts made here are going to be really hard to find once local parts manufacturing goes away with the local vehicle manufacturing. In fact it doesn't even affect only cars; we were going to do a bit of landscaping with some faux-wood made out of recycled toner cartridges, but the maker of that product was primarily a vehicle-parts manufacturer & as a result has shut down. No recycled landscaping product for us. My wife's not the world's biggest car enthusiast ... AWD, RWD, WWD, wouldn't matter. And for what a Redline costs you can get a decent Passat. But we're planning on owning this automatic car out of warranty ... and everything VAG worries me, DSG's are going to be an expensive long-term proposition. Hyundai haven't yet moved away from soul-sucking; their "sporty brand", Kia, are getting there, but neither offers a non-truck to match a Commode Sportswagon for utility.
In the short term virtually all VFs including the 6.2s will lose value at about the same rate as Holden's have always done. In the longer term VE/VFs may be a bit more sought after. Suspect though that Holden will release a couple of "specials models" prior to the end of production. Depending on how these are equipped and how few are made they will likely hold their value a lot better.
There are lots of factors impacting resale, many of them related more to the deal than the vehicle. Careful shopping up front can limit the damage. The depreciation I have suffered recently on SV6 Manuals has been as follows: MY09 $10K for three years and 75,000 Km MY11 $7K for two years and 55,000 Km. MY14 $2K for 17 months and 27,000 Km. My depreciation has been minimised by GM Card rebates, and buying demos. Each depreciation figure has been effectively offset further by rego due within a couple of months in each case, service also nearly due, plus tyre wear. I am more than happy with that, though now having run out of GM Card rebates, I'll probably have to stick to my recent buy for somewhat longer.
if want to make your money invest it if you want to enjoy your money spend it simple cars have never held value some more than others I have a 10 year old Ford Fairmont 7k for a car that was sold new for $40k
I bought a demo VF Calais V V8 wagon from interstate with 1,315 KLM that had not been registered till I bought it I got it for $45,000 delivered to my door with three months interstate rego . The saving was well and truly worth it ,about 15% depreciation occurs as soon as you buy it . I would not be surprised to see it hold a value of about $30 plus in three years but that does not worry me as I tend to keep cars ,bikes trucks etc forever, I have two boys one on p plates and one about to get his leaner so I'm sure they will enjoy it when the time comes .I did however just convert it LPG ,so instead of paying $1.45 / litre for 95 I pay about $0.60 per / litre . You do notice that when petrol goes up everyone is looking for a cheap car to run will pay more for an LPG car particularly V8 on LPG ,my VZ on LPG costs about the same on log as a Toyota Corrola to run .
I've toyed with the idea of converting to LPG when I get my SS. Since you've done it could you answer a few Q's for me? What system did you get and how much did it cost fully installed? Any idea how it affects the new car warranty? Approx how many KMs did you get from a tank before conversion VS now on Gas? Any noticable performance loss/gain? What does a full tank of LPG cost and how far do you get? Many thanks!
Chookah you can look at my post V8 on log ,but answer you here Same system that HSV uses Cost about $4,000 Hard to tell as yet if there is much difference as different driving conditions but I suspect it will use about 10% more I cannot tell any difference in performance ,but hell I want to keep my Licence and its hard enough when I have a few fast motorbikes . I did 320 kms and used 47.74 litres in mainly outer urban freeway conditions ,but some suburban work driving kids to school . It cost about $28 so you can say it costs about 8-11 cents per Klm . Hope that helps you .
In litres per 100Km terms I figure that's about 15 litres per 100Km. In dollar terms it's a bit less (ie cheaper to run) than my little Fiesta I use to commute which typically costs say $50 to travel at least 420 Kms or so (usually fill up with about 35 litres for 420 to 460 Km or so between refills).