This is the best way to blow one bar: buy a Maserati.





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  1. #1
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    Default This is the best way to blow one bar: buy a Maserati.

    Came across this article and I thought it made good reading. So you buy a Maserati for 2.5bar. One year later its lost 77% of its value. Can that be right?



    What surprised me is the vehicles that had the best value retention. Jeep comes out tops. I wonder if this holds true for SA?



    Read full article here:

    https://www.iseecars.com/cars-that-h...e-study#v=2019

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  2. #2
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Let me see, drive a Maserati and loose 72% or drive a Nissan Leaf and loose 71%, easy choice. Maybe it is just me.

    The scenario is definitely different in SA. Over here the manufacturer with the biggest dealer footprint wins the prize, because you don't want to be stranded with a broken car in Putsonderwater with no parts for hundreds of miles.
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  3. #3
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Makes me now feel a bit better, I lost just over R180k in 18 months and around 15 000km on a C63 Merc

  4. #4
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    So tell me. Did that car put a smile on your face every time you drove it?

    Or would you rather have dreaded every day you drove your car for that slightly better return on your investment?
    Quote Originally Posted by sparewheel View Post
    Makes me now feel a bit better, I lost just over R180k in 18 months and around 15 000km on a C63 Merc
    Mitsubishi Pajero 3.2 D-ID GLX LWB

  5. #5
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    ...
    Last edited by SAND; 2019/11/09 at 10:13 PM.

  6. #6
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Zapiture View Post
    Came across this article and I thought it made good reading. So you buy a Maserati for 2.5bar. One year later its lost 77% of its value. Can that be right?



    What surprised me is the vehicles that had the best value retention. Jeep comes out tops. I wonder if this holds true for SA?



    Read full article here:

    https://www.iseecars.com/cars-that-h...e-study#v=2019
    Uhm...

    Its listed as 72% over a 5 year period, not 77% over a 1 year period.

  7. #7
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    I could sell my 2013 Wrangler Rubicon Unlimited today for pretty much the same price I bought it for. Have kept kilometres pretty low though.

    During this time, the new price has doubled, hence creating this headroom.

  8. #8
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Another approach is to look at replacement cost. As mentioned above, if a Jeep can be sold after 6 years for purchase price, the depreciation is 0%, but the replacement costs is double.

  9. #9
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Chris_Br View Post
    I could sell my 2013 Wrangler Rubicon Unlimited today for pretty much the same price I bought it for. Have kept kilometres pretty low though.

    During this time, the new price has doubled, hence creating this headroom.
    We bought our 2012 JKUS for R390k. Lowest price I can find in Autotrader is R210k. Average price seems to be around R250k.

    So let's say we've lost 35% over 7 years. I think that isn't bad considering we've had 7 years use out of it. That means our cost of ownership including interest on the original loan would be around R335k.

    That's not bad at all.
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  10. #10
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    The cars in SA that looses the least value are
    1. Land Rover Defender
    2. Suzuki Jimny
    3. Jeep wrangler
    4. Land cruiser

    Not so sure about platkarre but a Golf gti keeps it value rather well.
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  11. #11
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by FWM View Post
    Not so sure about platkarre but a Golf gti keeps it value rather well.
    That's if you can keep it from being stolen.
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  12. #12
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    And I bet you 95% of Maserati owners could'nt give a f%&#
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  13. #13
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by jelo View Post
    We bought our 2012 JKUS for R390k. Lowest price I can find in Autotrader is R210k. Average price seems to be around R250k.

    So let's say we've lost 35% over 7 years. I think that isn't bad considering we've had 7 years use out of it. That means our cost of ownership including interest on the original loan would be around R335k.

    That's not bad at all.
    I bought my JKU Rubi for R412k in 2013. I think the advantage is the pentastar engine in this model vs previous engine, so that does help. And I only have 25k kilometres on my car as I am mostly overseas. So pretty much a bargain for anyone wanting to buy this practically new car at the same price - considering another new one these days is circa R900k.

  14. #14
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    I bought a Toyota Hilux 2.4 D in 2006 for 60K @ 210000 Km

    I have abused it but maintained it.
    It has just under 500000 Km and people on the street offer me 40K.

    Work out fuel and maintenance costs...More than what I paid but you cant get around that one.

  15. #15
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Craigin View Post
    I bought a Toyota Hilux 2.4 D in 2006 for 60K @ 210000 Km

    I have abused it but maintained it.
    It has just under 500000 Km and people on the street offer me 40K.

    Work out fuel and maintenance costs...More than what I paid but you cant get around that one.
    The trouble is that these "Rands" are all an illusion. It should really be converted to a Real Value. Your R60k in 2006 would buy 60,000 apples, but today your R40k will only buy 10,000 apples.

    So even if we get back close to our purchase prices, we get nowhere near close to the purchasing power in real terms. In a place like South Africa, that's a DOUBLE DEPRECIATION versus other markets with low inflation rates.

  16. #16
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by SAND View Post
    Uhm...

    Its listed as 72% over a 5 year period, not 77% over a 1 year period.
    Well itís not that difficult to check:

    Maserati Quattroporte 2019 new R2.53 bar depending on spec

    Same spec 2018 R1.6bar

    To me thatís close enough to 1bar a year as damit to a swear word.

    My heading made no mention of %, rather merely how to blow 1 bar fast.


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  17. #17
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Chris_Br View Post
    The trouble is that these "Rands" are all an illusion. It should really be converted to a Real Value. Your R60k in 2006 would buy 60,000 apples, but today your R40k will only buy 10,000 apples.

    So even if we get back close to our purchase prices, we get nowhere near close to the purchasing power in real terms. In a place like South Africa, that's a DOUBLE DEPRECIATION versus other markets with low inflation rates.
    Plus all assets are only worth what it can be sold for. Money has dried up so you practically need ti give away exoticís today.

    I tell you a true story:

    Was at Webuycars this week looking for a transporter for my staff. So being my chatty self, a gentleman was standing between the cheapies visibly distraught, kicking a tyre here and there, looking into the odd vehicle.

    So I make a comment:Ēnothing cheap these days anymore ď as an icebreaker.

    ďUnless itís a sports carĒ he replied. ďThey just offered me R500k under book for mine. I have to take it, Iíve been trying to sell it for two months now.Ē

    That was a Porsche. Seems to be the only exotic WBuy is prepared to take on.

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  18. #18
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Zapiture View Post
    Well itís not that difficult to check:

    Maserati Quattroporte 2019 new R2.53 bar depending on spec

    Same spec 2018 R1.6bar

    To me thatís close enough to 1bar a year as damit to a swear word.

    My heading made no mention of %, rather merely how to blow 1 bar fast.

    That is just justice for buying a Maserati in diesel............

  19. #19
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Zapiture View Post
    Well itís not that difficult to check:

    Maserati Quattroporte 2019 new R2.53 bar depending on spec

    Same spec 2018 R1.6bar

    To me thatís close enough to 1bar a year as damit to a swear word.

    My heading made no mention of %, rather merely how to blow 1 bar fast.

    I was not referring to the heading of your post, but to your post itself, and simply indicating what the article and the tables you quoted indicated for the US market.

    One can also not look at current list price to determine by how much a car has depreciated - the tanking Rand perhaps contributed more to that disparity than anything else.

  20. #20
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    Default Re: This is the best way to blow one bar: buy a Maserati.

    Quote Originally Posted by Craigin View Post
    I bought a Toyota Hilux 2.4 D in 2006 for 60K @ 210000 Km

    I have abused it but maintained it.
    It has just under 500000 Km and people on the street offer me 40K.

    Work out fuel and maintenance costs...More than what I paid but you cant get around that one.
    Bought my 1995 Toyota Hilux 2.4SRX from first owner in 2002 with only 44000km on it for R 45000, highest offer I have had a few months ago was R 110000!

    But its still in pristine condition and has R 315000km
    2002 Hilux 2700i(facelift) 4x4 DC
    1995 Hilux 2.4 SRX(4x2)
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