Resale Value

[Jug]

Bei watu wanaquote locally used cars ni outrageous, how can a 13+ year car be quoted at almost 1M. Otoyo peeps hii maneno ya gari iko na resale vale mnastretch sasa. Shillingi imeanguka ivi ama broker anacheza kiyeye hapo nyuma

 

[It's Me Scumbag]

Resale Value isn the biggest con ever ran on Kenyans who want to buy cars... How do you buy a vehicle and expect it not to depreciate. Hata Kenyans ni wajinga pia.

 

[Denis Young]

Resale Value isn the biggest con ever ran on Kenyans who want to buy cars... How do you buy a vehicle and expect it not to depreciate. Hata Kenyans ni wajinga pia.

It is all a matter of perspective. Kila mtu who buys their first vehicle anaambiwa Nissan haina resale value. Not that Nissans are all bad but they carry a reputation that has been transfered from generation to generation.

Toyotas on the other hand, zinapendwa sana especially axio, fielder, allion na premio. Ongeza hapo succeed pia. They will always maintain their value because they are reliable vehicles and the parts are available and relatively inexpensive.

 

[Anglututu]

Seen this trend as well, thought it may have something to do with the dollar value to KE or some govt regulation change that could be pushing import prices higher.
I've seen guys quoting high prices for vehicles 2005,2006 models and I'm wondering how can such an old car be anything more than 300k or around.

 

[It's Me Scumbag]

It is all a matter of perspective. Kila mtu who buys their first vehicle anaambiwa Nissan haina resale value. Not that Nissans are all bad but they carry a reputation that has been transfered from generation to generation.

Toyotas on the other hand, zinapendwa sana especially axio, fielder, allion na premio. Ongeza hapo succeed pia. They will always maintain their value because they are reliable vehicles and the parts are available and relatively inexpensive.

So depreciation and natural attrition has nothing to do with car value? How then do you determine resale value?

 

[Denis Young]

So depreciation and natural attrition has nothing to do with car value? How then do you determine resale value?

It does but if you were given a 10 year old locally used Nissan or Toyota which one would you choose. I can tell you one of our oldest vehicles, a touring, that is currently being used for farm activities is going for 300k 24+ years later.

 

[Sabuni]

It is all a matter of perspective. Kila mtu who buys their first vehicle anaambiwa Nissan haina resale value. Not that Nissans are all bad but they carry a reputation that has been transfered from generation to generation.

Toyotas on the other hand, zinapendwa sana especially axio, fielder, allion na premio. Ongeza hapo succeed pia. They will always maintain their value because they are reliable vehicles and the parts are available and relatively inexpensive.

Nissan was going broke in the late 90s and had to cut costs. Core components such Transmissions were garbage, Jatco CVTs are rubbish, also why supercharge a 1ltr engine ? Such reputations are difficult to shed.
On the flip side, Subaru's success in rallying makes even the slowest 1600 cc autobox Impreza driver feel he is Colin McRae.