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The Pub For General Automotive Related Talk |
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25-07-2010, 03:46 PM | #91 | ||||||||||||||
Life begins at 40
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Location: Melbourne. Socialist capital of Victoriastan.
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So many interesting and valid points here.
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What they give with one hand, they take (with a little extra) from the other.
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Justice is what you get when you run out of money.
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25-07-2010, 04:24 PM | #92 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
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In the last 10 years I have bought and sold quite a few cars AU Fairmont Ghia cost $39k sold 4 years later $14k FPV GT-P cost $84k sold 20 months later $48k FPV F6 cost $81k sold 3 years later $34k Hyundai Excel cost $2900 sold 4 years later $2500 Toyota Yaris cost $13,200 sold 2 years later $12,500 Toyota Avalon cost $ 12K sold 2 years later $10k Nissan Navara cost $44k 5 years ago about to be traded for $29k I will not include the plethora of EB/ED/EL sedans and wagons priced at $3-5k all of which ended up as scrap at the wreckers. And of course there is my datto, cost $61k 4/2008 and was offered $48k trade on a F6E about 3 weeks ago. It is not the jap crap and korean bubble cars that part you from your money when you sell them. I suspect a more correct proverb is "A driving enthusiast and his/her money are soon parted". |
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25-07-2010, 04:31 PM | #93 | ||||
Life begins at 40
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Location: Melbourne. Socialist capital of Victoriastan.
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Seriously though, I was referring more to the Hyundai Getz and how anyone in their right mind would buy one, but I do see your point.
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Justice is what you get when you run out of money.
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25-07-2010, 04:35 PM | #94 | |||
FF.Com.Au Hardcore
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With a 5 year unlimited km warranty and its fuel usage it actually costs me quite a bit less for the finance, maintenance and fuel then just the fuel and maintenance of the vehicle it replaced. i.e. it is effectively FREE (of course the only time I have personally driven it was from the dealer to the office when I bought it ) |
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25-07-2010, 04:39 PM | #95 | ||||
Life begins at 40
Join Date: Jan 2005
Location: Melbourne. Socialist capital of Victoriastan.
Posts: 3,715
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__________________
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Justice is what you get when you run out of money.
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25-07-2010, 07:28 PM | #96 | ||
FF.Com.Au Hardcore
Join Date: Sep 2009
Posts: 2,527
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Its funny the cheaper end imports are mentioned
A local ford dealer drives one of these cheapies When i asked why He said they are cheap to buy cheap to run and for a 15K ish car over 3 years they hardly depreciated when say compared to a new commodore/falcon If we look at "flappists"posts above Im sure i can under stand where hes comin from The cheaper import cars lost the less over longer ownership periods |
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25-07-2010, 08:21 PM | #97 | |||
Regular Member
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25-07-2010, 08:37 PM | #98 | |||
Starter Motor
Join Date: Jul 2007
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I dont think you should use that as an example. Ive sold quite a few cars in the last 10 years aswell but totally the opposite to what you done, I made money which isnt to hard as long as you have some sort of a brain when it comes to cars. Last edited by russellw; 25-07-2010 at 09:06 PM. Reason: .. and avoidance of the swear filter is enough to get you warned |
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25-07-2010, 08:45 PM | #99 | |||
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Last edited by russellw; 25-07-2010 at 09:04 PM. Reason: Removed deleted quote |
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25-07-2010, 09:07 PM | #100 | |||
VFII SS UTE
Join Date: Apr 2007
Location: Central Coast
Posts: 6,344
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shurly you've heard of flappist, real estate/holding corp PTY LTD???
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I don't often hear the sound of a screaming LSX. But when I do, So do the neighbours.. GO SOUTHS
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25-07-2010, 09:36 PM | #101 | |||
No longer a Uni student..
Join Date: Jan 2010
Location: Coffs Harbour, NSW
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Edit: My old falcon (1997 EL) has to last me another two years or so until I finish uni and try get some money together working. Then I plan to buy a 5-10 year old B series XR that has already done most of its depreciation and save every cent I make to put towards a house. And then continue putting it all towards that house until its paid off. Then depending how long it takes, do the same with a second property as a rental or upgrade. Not planning a *new* car until such time as I have at least one property completely paid off, in my mind I wont be able to justify the depreciation hit until I have something other other then debt to my name. If flappist can afford to spend the money, what he does with it is his business. Last edited by SteveJH; 25-07-2010 at 09:42 PM. |
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25-07-2010, 10:01 PM | #102 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
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AU Ghia 160000, GT-P 85000, F6 105000, Excel 53000, Yaris 28000, Avalon 21000, Navara 91000, Datto 58000. All bar the Excel and Avalon were new (Yaris was a demo). So what cars did you buy and sell to make a profit and how much did you actually drive them........ |
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25-07-2010, 10:11 PM | #103 | |||
VFII SS UTE
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Location: Central Coast
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rearly do ppl buy a car for an investment!!
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I don't often hear the sound of a screaming LSX. But when I do, So do the neighbours.. GO SOUTHS
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25-07-2010, 10:13 PM | #104 | |||
No longer a Uni student..
Join Date: Jan 2010
Location: Coffs Harbour, NSW
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Even a Phase 3 GTHP if someone has owned it from new probably hasnt actually increased in value once you take into account inflation. Better to buy property, which is my plan once I actually have some money.... Edit:What I was trying to say, is that if Flappist is willing to spend the money for a nice car and take the depreciation hit, that is his decision, and from the sounds of it he can afford it. Besides, from the sounds of it he does a lot of kilometres, the more comfortable the car, the better off he probably is in the long run. |
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25-07-2010, 10:17 PM | #105 | |||
VFII SS UTE
Join Date: Apr 2007
Location: Central Coast
Posts: 6,344
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W427 GTHO 1,2 ,3 maclearen F1 zonda R1 ferarri FXX corvette 1964 mustang ELENORE pontiac GTO judge and so on...
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I don't often hear the sound of a screaming LSX. But when I do, So do the neighbours.. GO SOUTHS
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25-07-2010, 10:18 PM | #106 | |||
Mrs Russellw
Join Date: Jan 2006
Location: Kilmore - on the road to Heathcote!
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Gone far enough now. I almost forgot what the thread was about.
Gaela
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AUSTRALIA'S QUICKEST UNOPENED N/A GT AND FIRST IN THE 11 SECONDS....................... 11.96 @ 117.88mph & 11.97 @ 118.11mph (60ft 1.69)
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25-07-2010, 10:22 PM | #107 | ||
Clevo Mafia Inc.
Join Date: Dec 2004
Location: Melbourne
Posts: 10,496
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Agreed.
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