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Thread: resale value of Corolla 1.6

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    Quote Originally Posted by Maxud1 View Post
    howz the resale value of gli 1.6 dual vvti nowadays ???
    Mohtaram Maxud1 Sahib,
    When coming to resale you have to examine it relatively. It is a very relative term. The best resale is of Suzuki Mehran, Suzuki Alto, Toyota XLi and Gli (1.3L). All others don't have that much of a resale. 1.6 GLi is automatic and compared to 1.3 GLi, it doesn't have that good resale value. Let me give you a figure. Out of 100 Toyota buyers, 80 will go for an XLi or a GLi (1.3L) and the remaining 20 will go for a 1.6 GLi or an Altis. Now you can well imagine what the resale of an automatic 1.6 GLi is. No car can beat the resale of an XLi, GLi (1.3L) or a Suzuki Mehran because lots of buyers are after them.

    Nowadays nothing is selling because of the notorious Amnesty Scheme which has contaminated the local car market. It will take a while for the market to settle, maybe 6 months to a year.

    Regards and take care.

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    hmm so i guess JDM cars are on the peak nowadays w.r.t resale value

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    Quote Originally Posted by Maxud1 View Post
    howz the resale value of gli 1.6 dual vvti nowadays ???

    reply to your question would be ... not for sale check elsewhere - otherwise it all depend on following
    model year batch
    color
    odo reading
    maintenance history
    engine condition
    shell condition
    interior upholstery
    tyres
    last but not least - Demand !


    - your question is very general like some one looking at your car and asking "kitnay k hai "... and You get baked on charcoal with a smile saying not for sale !
    - www.crackwheels.com - A skilled Dictator is much more beneficial to Country......than a Democracy of Ignorant people

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    Quote Originally Posted by Maxud1 View Post
    hmm so i guess JDM cars are on the peak nowadays w.r.t resale value
    @Maxud1

    Mohtaram Maxud1 Sahib,
    I've done a lot of research on JDM cars. Locally manufactured cars are nowhere near the build quality of JDM cars but they do lack resale value. Whatever they cost, they are worth that amount after five years when you want to sell them. For example if you import a 2010 Toyota Axio today for around 2.2 million, it will fetch you that amount five years later, i.e in 2017 or 2018. If you choose to sell your recently imported 2010 Toyota Axio next year, you will lose a lot of money as it will fetch you around 1.9 million which is a lot of loss. Look at the local brands. A local 2008 car is selling for the same amount as it was priced on the invoice in 2008. But this stays constant for locally manufactured cars as they have a better resale value. For JDMs it comes after five years and they are more expensive to import now because of increased custom duty, taxes and a depreciating rupee. Of course the resale value of a car also depends on its condition. I'm exclusively referring to a 4, 4.5 or a 5 grade car, well maintained and nicely looked after. Same goes for locally manufactured cars. If you get a car in a good condition and take care of it then the above probability applies.

    Regards and take care.

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    bro @supereagle yeah jdm cars are much better if u see they have got dual airbags and abs in almost every car but one thing is that u dont knw about its history howz it driven ,how much is it driven because the meters are reversed , they are always accidented , while in local made cars ,atleast they have brand new engine if u buy a brand new car and forego jdm cars for that brandnew local ones. and as they r new , u wont face any major problems for minimum of five yrs .

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    Quote Originally Posted by Maxud1 View Post
    bro @supereagle yeah jdm cars are much better if u see they have got dual airbags and abs in almost every car but one thing is that u dont knw about its history howz it driven ,how much is it driven because the meters are reversed , they are always accidented , while in local made cars ,atleast they have brand new engine if u buy a brand new car and forego jdm cars for that brandnew local ones. and as they r new , u wont face any major problems for minimum of five yrs .
    @Maxud1

    Mohtaram Maxud1 Sahib,
    If you buy a JDM directly from an auction with an original auction sheet then you are getting what you are seeing and you can buy with confidence even without having a look at the car. There is no comparison between a zero mile Honda Civic 2013 and a 2010 model 5A grade Toyota Premio. Premio wins hands down, all ends over the locally manufactured Honda Civic even when it (the Premio) is three years older. I call the locally manufactured cars as 'trash'. My apologies if you feel offended.

    Regards and take care.

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