Fortuner Resale Value

[Agteros]

I have posted this on the 4x4 Community Forum in the Toy Section as well.

Fortuner Resale Value

We frequently hear about the apparent good resale values on Toyotas - this "fact" sometimes being contested by some.I have just sold my 2007 Fortuner 4x4 V6 4litre (manual) for R 225 000. It is a private transaction. The selling price I got means that I got back 67% of its original purchase price of R 336 000. I think the "trade-in" value is something like R 179 000 which means I got R 46 000 above "book"(?). The best deal I could get from a (Toyota) dealer was R 195 000 for a trade-in on an FJ (which means 58% back on the original purchase price). Thought I'd share this info with you...

[OOOOMS]

Most 'other' vehicles on the road you loose 67% of the value when yo drive it off the showroom floor....fact Tattta is one of them

That's one reason why we drive TOYOTA's......

[FJCruiser-ZN]

Daihatsu Terios is another.

With the amount of repossessed cars you can buy these days, the pre owned market has taken a dive.

I bought an off road caravan last month and the customer services department from Jurgens wanted to know if I thought my purchase was "Value for money" I said hell no, 200k for some kitchen cupboards on wheels can't be a good deal. She wasn't too impressed with me.
T

[Johan Kriel]

Yes second hand Toyota's are in demand, and not even necessarily to trade in. I sold both my hilux's out of hand above the book value within two weeks after starting to look for a buyer.

Before this new hiluxes came out I drove Isuzu's. Was in demand but only at book values, won't get better and it took some time to sell. And when GM took over it took me more then a year to sell the last one. Eventually trade in for a hilux far below the value, just to get rid of it.

I did bought Toyotas previously but land cruisers The local Toyota dealer reckons he was never had the opportunity to trade in a land cruiser, the guys sell it out of hand before buying a new one.


As mark said,

That's one reason why we drive TOYOTA's......

[OOOOMS]

Yes second hand Toyota's are in demand, and not even necessarily to trade in. I sold both my hilux's out of hand above the book value within two weeks after starting to look for a buyer.

Before this new hiluxes came out I drove Isuzu's. Was in demand but only at book values, won't get better and it took some time to sell. And when GM took over it took me more then a year to sell the last one. Eventually trade in for a hilux far below the value, just to get rid of it.

I did bought Toyotas previously but land cruisers The local Toyota dealer reckons he was never had the opportunity to trade in a land cruiser, the guys sell it out of hand before buying a new one.


As mark said,

That's one reason why we drive TOYOTA's......

Actually Johan, that's only one....but there are many more, I am sure you know that....

[Johan Kriel]