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Car Forum / Australian Car Forums / General Car Topics (Australian group) / April 2006New Car Prices Versus Old.
Took delivery of a 2005 Kia Rio just recently for $17990 "No more to pay". Went back to the dealer to buy a weathershield. While walking through the yard, I saw two, 2003 Kia Rio (Manual) with low mileage for $16990. What exactly is their strategy when you look at the price of the new and used vehicle??. Its obvious you are better off getting the latest model for only $1000.00 more. Its got me beat. "qanset" > Took delivery of a 2005 Kia Rio just recently for $17990 "No more to pay". > Went back to the dealer to buy a weathershield. While walking through the > yard, I saw two, 2003 Kia Rio (Manual) with low mileage for $16990. What > exactly is their strategy when you look at the price of the new and used > vehicle??. Its obvious you are better off getting the latest model for > only $1000.00 more. Its got me beat. It's got you beat why a dealer would steer you towards buying a new car from them ? > "qanset" >> Took delivery of a 2005 Kia Rio just recently for $17990 "No more to [quoted text clipped - 6 lines] > It's got you beat why a dealer would steer you towards buying a new car > from them ? And they can say "look at the resale value....." -- Knob (I thing '03 Rios were $14999 drive away so they must really appreciate!) qanset <qanset@hotmail.com> wrote in news:443b677e$0$20111$afc38c87 @news.optusnet.com.au: > Took delivery of a 2005 Kia Rio just recently for $17990 "No more to > pay". Went back to the dealer to buy a weathershield. While walking > through the yard, I saw two, 2003 Kia Rio (Manual) with low mileage for > $16990. What exactly is their strategy when you look at the price of the > new and used vehicle??. Its obvious you are better off getting the > latest model for only $1000.00 more. Its got me beat. Only a fool would buy the ticket price. You would get the 2003 one for $10,000 or less. Red Book: 2003 KIA RIO MY2003 Hatchback 5dr Man 5sp 1.5i Prices based on km 45,000 - 75,000 Trade in price guide* $4,600 - $5,700 National average price - private sale* $6,000 - $7,900 Price when new (RRP) $14,990  SignatureNewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth Since you have access to a Red book can you answer these questions for me: X-Trail Ti-L auto Sept 2003: 65,000kms Commodore Aclaim May 2005: 43,000kms Thanks Opps found it. First, the price ticket on used cars in the dealers lot include negotiation room, so buyers can think they got a good deal. When you have a drive away deal on a new car, they have often already factored a discount in, and are selling enough that they don't need to discount for anyone else. Also, the redbook is available online for free for anyone that's interested. SignatureVYBerlinaV8 > Since you have access to a Red book can you answer these questions for > me: [quoted text clipped - 4 lines] > > Thanks Andy, Redbook can be harsh. Drive.com.au: 4D WAGON , 2003 , 2.5 lt, 4 SP AUTOMATIC Average km's travelled 53,000 Price when new $37990 Estimated Valuations: $19350-23650 private sale $18600-21500 trade in value $26600-31920 dealer price 4D SEDAN , 2005 , 3.6 lt, 4 SP AUTOMATIC Average km's travelled 27,000 Price when new $39490 Estimated Valuations: $22500-27500 private sale $21400-25000 trade in value $30100-36120 dealer price Ron SignatureNewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth > Took delivery of a 2005 Kia Rio just recently for $17990 "No more to > pay". ... ~ I thought '06 Rios were $15990 no more to pay! Are you in Broome or something? -- Knob > Took delivery of a 2005 Kia Rio just recently for $17990 "No more to > pay". Went back to the dealer to buy a weathershield. While walking > through the yard, I saw two, 2003 Kia Rio (Manual) with low mileage for > $16990. What exactly is their strategy when you look at the price of the > new and used vehicle??. Its obvious you are better off getting the > latest model for only $1000.00 more. Its got me beat. I think they may be deliberately steering customers toward the new car. Who in their right mind would pay that much for a 3 yr old Rio? Were they manual or auto? A 2003 auto hatch was $16990 new, the manual was $2000 less. Daryl The yard might have paid too much for the used ones. For all we know the profit margin might be bigger on the new one even at those prices. > Took delivery of a 2005 Kia Rio just recently for $17990 "No more to pay". > Went back to the dealer to buy a weathershield. While walking through the > yard, I saw two, 2003 Kia Rio (Manual) with low mileage for $16990. What > exactly is their strategy when you look at the price of the new and used > vehicle??. Its obvious you are better off getting the latest model for > only $1000.00 more. Its got me beat. > The yard might have paid too much for the used ones. For all we know the > profit margin might be bigger on the new one even at those prices. [quoted text clipped - 5 lines] >> vehicle??. Its obvious you are better off getting the latest model for >> only $1000.00 more. Its got me beat. Here we go here we go here we go.... SignatureToby. quidquid latine dictum sit, altum viditur |
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