depreciation - astra h turbo

[USC]

Hey guys, why do astra sri-t`s depreciate so much and so quickly? saw a black MY07 sri-t turbo with 3000kms on the clock being traded in for $24K today!!!!!!!:eek:

[tuzinski]

because there is SOO many of them.

[USC]

because there is SOO many of them.


the AH model?? hmmm..how many civics and mz 3`s do you see around and they keep their value!!

[SIMid]

Hey guys, why do astra sri-t`s depreciate so much and so quickly? saw a black MY07 sri-t turbo with 3000kms on the clock being traded in for $24K today!!!!!!!:eek:

You get shit house trade-in values. I wouldnt be suprised if they resell the Astra for at least 30+K.

I traded my Cali for $4500 and it's at a yard for $10K.

[xplosv57]

Trade in valuations are most of the time very low and also depends what you're buying!!! Different to resale value, that person would have been able to sell that SRi-T for 30k, but decided to take the easier option to trade and lost!!

[cbrmale]

High-performance two-door turbos are VERY SPECIALISED CARS and a trade-in like this could easily sit on the lot for months before someone shows an interest. It is bizzare to spend thousands extra on a new SRi turbo compared to a basic four-door Astra and get very little extra on trade-in, but that's the way it is. The most in-demand trade-ins are automatics, anything automatic and the dealer will fall over himself to get in on his lot.

If a dealer thinks the car will move quickly, they're quite happy to make only a couple of thousand on it.

[USC]

hmmmm...its true that the 2door turbo is a very specialised car and as such will be sitting in the car yard for a while. But losing more than $10K in 1 year is crazy! does the same thing happen with vw gti`s, wrx`s and evo`s??

[cbrmale]

hmmmm...its true that the 2door turbo is a very specialised car and as such will be sitting in the car yard for a while. But losing more than $10K in 1 year is crazy! does the same thing happen with vw gti`s, wrx`s and evo`s??

Yes. To a dealer a car is a stock number, something to be bought and sold as a profit. They have absolutely no interest that its a four-wheel-drive turbo or a car for grannys to drive to the shops. If the car that grannys drive to the shops turns over fast and doesn't cost the dealer a fortune in finance and insurance (and possibly having to re-register it), then that's what the dealer's interested in.

[USC]

hehe..then turbo cars are meant to be kept forever... :)

[Shaun]

They look at wholesale prices . Not what the car is worth to you. sad i know . but thats they way they all work nowdays.

[jsantos]

Yeah it's all about turn around times when it comes to dealers.

The cars that are on the lot are actually owned by finance companies and the dealer is paying a rate every day it's sitting there unsold so in order to make money on low volume models they need to buy them with a bigger margin built in to ensure it dosen't end up being a liability.

[IfSRi]

Hey guys, why do astra sri-t`s depreciate so much and so quickly? saw a black MY07 sri-t turbo with 3000kms on the clock being traded in for $24K today!!!!!!!:eek:

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A new car purchase should really be for long term and high mileage ownership,
The cost of a 3yr 100,000 warranty in real terms is at least 15k.