Resale value

[My32Doors]

Just wondering what you think? My business partner and I have always bought Falcon utes/ cab chassis for our work vehicles. It's now time to update but this time business partner has decided on the top of the line Hilux. It's turbo diesel, 4X4 twin cab, 4 speed auto, hard cover for tray. $62500 on road for a Hilux. Every man and his dog have one in one form or another up here. And typical of a Hilux, it is quite plain in interior and still has DRUM drakes. He wasn't interested in a Ranger because Toyotas are renowned for their resale value (his words). So my question is considering the lack of features in the Toyota, are you paying a higher new price to get a higher resale value?

[68xt]

With the current financial hype going around, you wont get good resale on any car. Toyotas are a great car but only buy it if it does the job you like. if not buy the one that suits you best, despite the brand. Toyota have not been without their troubles of late, and people are sketchy of second hand cars with no warranty.

[Pinkbits]

My boss has just placed an order for 10 4WD Tritons.
After having test driven the Mazda BT50, HiLux & the Triton, you really could'nt go past the Triton for value for money & warranty.
The Ranger did'nt make it due to the 5 month wait & we already have a mix of D22 & D40 Navara's.

[flappist]

I bought a Ranger to replace my Navara last year. It is GREAT.

Utes have much better resale value than sedans and while Toyotas have good resale if you get 66% on 60k you lose 20k. You only need 50% on 40k to do the same with a Ranger and you are not driving a Toyota. But then to some Hilux is the GTHO of the urban cowboy set.

[something wrong]

I bought my 2008 SR5 Hilux Petrol manual for $45k drive away NEW and traded it in March 2011 to a Holden dealer for $32k 3 yrs 60,000km later. One small dent and immaculate condition.

The price on the Hilux seems High depending on your options, Just bought and hopefully delivered tomorrow a
White Hilux 2012
SR5 4WD
Auto T/Deisel
Duel cab, Towbar, Nudge Bar, Mats 2 x tints, Weathershields
$54800, Drive away

[302 XC]

Originally Posted by onetonfun

Just wondering what you think? My business partner and I have always bought Falcon utes/ cab chassis for our work vehicles. It's now time to update but this time business partner has decided on the top of the line Hilux. It's turbo diesel, 4X4 twin cab, 4 speed auto, hard cover for tray. $62500 on road for a Hilux. Every man and his dog have one in one form or another up here. And typical of a Hilux, it is quite plain in interior and still has DRUM drakes. He wasn't interested in a Ranger because Toyotas are renowned for their resale value (his words). So my question is considering the lack of features in the Toyota, are you paying a higher new price to get a higher resale value?

Toyotas have always been known for their resale value
But you pay more at the dealer
If its a business venture ,itll be a lease anyway,wouldnt it ???
Tax write off, irrelevant what you buy

[flappist]

Originally Posted by 302 XC

Toyotas have always been known for their resale value
But you pay more at the dealer
If its a business venture ,itll be a lease anyway,wouldnt it ???
Tax write off, irrelevant what you buy

So you obviously do not run a business.

[tranquilized]

Originally Posted by 302 XC

Toyotas have always been known for their resale value
But you pay more at the dealer
If its a business venture ,itll be a lease anyway,wouldnt it ???
Tax write off, irrelevant what you buy

Really?? Wow, this is great news!! Looks like I can lease that Porsche I've always wanted now!

[Vincenzo]

Originally Posted by onetonfun

Just Every man and his dog have one in one form or another up here. .....He wasn't interested in a Ranger because Toyotas are renowned for their resale value (his words). So my question is considering the lack of features in the Toyota, are you paying a higher new price to get a higher resale value?

If you cannot talk the partner around please try to choose any colour except white. The NT Government and local businesses seem to just love white. I used to work at the MVR and tried one day to find out how many white Toyotas there were in the NT - my request crashed the system

My personal thought as to why there are so many Toyotas in the NT is if you get one as a work vehicle buy one the same for personal use and you have spare parts to call on.

[Brazen]

I think over the coming years the resale for Toyotas will level out, the reliability of other brands has caught up and once perceptions catch up you will see the difference.

To be honest, as far as resale goes you really cant go wrong with most mainstream utes. Falcon utes around here are worth a lot more than the sedans.

[jimmyxr6t04]

I just bought the wife a new triton. We were tossing up between the SR5 or GLX-R. The SR5 was a good 7k more with the options we wanted. Regardless of re-sale, i figured i had a 7k saving from the start. Even if i get 10k less for the triton than i would have for the hilux, it's really bugger all difference in the scheme of things.

I still preferred the hilux, but the wife preferred the triton, and in the end i wasn't too fussed, i was happy with either... My brother bought a hilux, so i didn't want the exact same car as him anyway

[302 XC]

Originally Posted by tranquilized

Really?? Wow, this is great news!! Looks like I can lease that Porsche I've always wanted now!

Well IF you have a business that earns alot of money and can afford to lease a porsche , you would have already done it ........

[flappist]

Originally Posted by 302 XC

Well IF you have a business that earns alot of money and can afford to lease a porsche , you would have already done it ........

Hang on.

Are you saying that the value of the car leased for business purposes should actually be RELEVANT to the income now?

[The Yeti]

I love the hilux but I think it's days of top resale are numbered

The others as posters above have come up in quality,

[Shonky.]

302 XC,
A tax deductible expense is still an expense, is the point being made.

The more you spend, the greater the deduction, but also the more you pay on an after tax benefit adjusted basis

[Bundy2]

I don't think buying a Toyota is the same as it use to be

[Nikked]

The new rangers seem to be building numbers...

Up here, Hilux's are like pigions...everywhere...we used to just have famers, but now the mines are taking off...

[Morexbs]

Originally Posted by onetonfun

So my question is considering the lack of features in the Toyota, are you paying a higher new price to get a higher resale value?

In a word,yes.All the popular dual cabs are now made in Thailand and the Hilux is no better than any of the others.It really is a case of paying for the Toyota badge.

[Falcon_Crazy]

The Hulux is old and is getting an update - suprised still asking the $$. Im biased to Ranger but the wait is an issue - theres better value out there at moment..id be shopping around big time

[flooded one]

anything that is a ute generally holds its value pretty well.

[phillyc]

If you want the safest Ute then get the Ford Ranger or the twin Mazda.

Toyota's are overpriced. Also BHP? is going to stop using Hilux and Prado because they aren't rated 5 star safety rated.

[CAMS290]

I had a similar dilemma when I purchased a twin steer tipper, I wanted a Kenworth but it was going to be about $25,000.00 dearer than the Mack with exactly the same Motor, Diffs and Gearbox.

That $25,000.00 difference was going to be substantial in repayment figures and the extra interest over the period of the finance contract.
In fact when I took into account the extra interest and money paid out for the Kenworth I was better off with the Mack.

And if I sold it for more at the end of the finance I would pay more in capital gains tax anyway.

[EgoFG]

It really depends how long you hold on the car - after 5-7 years the "toyota advantage" is gone.

After 5 years The Spec level and condition of the car are far more important then it toyotaness.

[Shonky.]

Originally Posted by CAMS290

I had a similar dilemma when I purchased a twin steer tipper, I wanted a Kenworth but it was going to be about $25,000.00 dearer than the Mack with exactly the same Motor, Diffs and Gearbox.

That $25,000.00 difference was going to be substantial in repayment figures and the extra interest over the period of the finance contract.
In fact when I took into account the extra interest and money paid out for the Kenworth I was better off with the Mack.

And if I sold it for more at the end of the finance I would pay more in capital gains tax anyway.

But in a similar way to 302 XC mistakenly thinking a tax deduction = free, a capital gains expense still comes with the bonus of a capital gain.

Better to make a gain and pay tax than make a loss and have a tax deduction.

Prob wouldn't change your purchase decision anyway I assume

[My32Doors]

If you cannot talk the partner around please try to choose any colour except white. The NT Government and local businesses seem to just love white. I used to work at the MVR and tried one day to find out how many white Toyotas there were in the NT - my request crashed the system

Vincenzo - I tried but at least it's not white -it's that champagny silver colour

[My32Doors]

Originally Posted by Morexbs

In a word,yes.All the popular dual cabs are now made in Thailand and the Hilux is no better than any of the others.It really is a case of paying for the Toyota badge.

I reckon you're right. At least I stayed true to the cause. GS ute arriving in May.

[GULL]

i bought a xr6 t ute 2008 for 38500 brand new sold it after 3.5 years got a trade in of 29 990 i was over the moon,47 000 on the clock

[music189]

where I work we went from falcons to hi luxs rwd on gas, now can we cant run gas cause burning valves at 30000 kms and need front pads every 10000kms ergonmics are crap and brakes and ride is shocking compared to falcons

but now we are starting to use Caddy LWB diesels with 7 speed autos only have one atm with 16 still coming