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Old 11-01-2002, 07:05   #1 (permalink)
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Depreciation of an AU3 Forte

This post is not intended to insult or upset anyone and I'm sorry if it does in advance.

I would like to hear from anyone who purchased an AU3 Forte in the last 6 months.

I'd like as an example for us FF people for you to drive into a dealer and ask them what they would give as a trade in.

I can only imagine how bad the trade in figure would be on these cars no matter what condition or KM.

Imagine buying a AU3 forte brand new 6 months ago for what?? 30k??, six months later with say 12-15k on the clock and being offered half that as a trade in figure. Now imagine if you had borrowed most of the money to purchase this new AU3 Forte.


Now that is the sort of thing that would keep me awake at night!!!! a scary thought.
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Old 11-01-2002, 08:20   #2 (permalink)
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Actually, you might find that they will hold their value...
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Old 11-01-2002, 09:52   #3 (permalink)
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I agree Xr8 couple. while they are always going to cop a hit from the new model, i recon they will be OK in the long term. i have seen s/h utes the same as mine for only a couple of grand less than i payed new.
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Old 11-01-2002, 10:00   #4 (permalink)
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Look up the prices in the Red Book.

www.redbook.com.au/VehicleSearch/default.asp

Scary stuff!
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Old 11-01-2002, 11:18   #5 (permalink)
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The local Ford dealer had 3 falcon XR's in the yard at the time of the BA's release and I was interested in purchasing one of vehicles while they were running them out. One of the main concerns I had, was what the vehicle was going to be worth in 12 months time. The dealer wasn't prepared to harzard a guess, but I suggested $18,000 would be fairly close to mark, which was scoffed at.
Think I might have been a bit to generous. This is a shame as I feel the AuIII's are a very good motor car and are worth more than that.
The runout price by the way was $31,800 which I felt was a bit over the top. I just wasn't prepared to loose that amount of $ over just 12 months.
Needless to say, they've still got the three of them on the lot.
Just as a matter of interest, I'd like to hear what you might've been prepared to pay for a new runout AuIII XR (tricked up Forte with alloys, spoiler etc.).
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Old 11-02-2002, 00:55   #6 (permalink)
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2002 FORD FALCON
AU III Sedan Forte 4dr Auto 4sp 4.0i
trade in price guide* $17,100 - $19,900
national average price - private sale* $19,300 - $22,400
price when new (RRP) $33,750


SHIT!!!!!, that's bad... i Definately woldn't be able to sleep
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Old 11-02-2002, 01:02   #7 (permalink)
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2002 FORD FALCON
AU III Sedan Forte 4dr Auto 4sp 4.0i
national average price - private sale* $19,300 - $22,400

where were these said AUIII's when I bought my AU1 in Feb. . .
At that time even Au2's were impossible to get that cheap, has the BA had that much effect on resale?
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Old 11-02-2002, 02:03   #8 (permalink)
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It's scary alright. I just know that come trade in time, my 5.0 AU1 Ghia is going to be worth peanuts.
Even though mine isn't your run of the mill Ghia, it still worries me. Only worth 50 % of the new price after 3 years.
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Old 11-02-2002, 02:23   #9 (permalink)
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I traded in an AUI S pack, 2 years old, 36000Kms imaculate condition on a brand new AUII XR6. The original offer was $18500 as this was the red book price. After a bit of haggling I got $25500.

The trade in price for an AUIII would be around the same ($18500). You would find that you would get a better price for it if you trade it in on a BA.

However, if you take it into another companies dealer ie. Toyota you might be a little disappointed!

I feel sorry for Magna drivers, even Mitsubishi dealers don't want second hand ones! I know, I've had to try and sell one.
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Old 11-02-2002, 02:24   #10 (permalink)
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Quote:
Originally posted by Rastus
It's scary alright. I just know that come trade in time, my 5.0 AU1 Ghia is going to be worth peanuts.
Even though mine isn't your run of the mill Ghia, it still worries me. Only worth 50 % of the new price after 3 years.


Well bugger me. Back in May, We had an AU1 V8 Ghia for $32800nzd.(about 5k TOO CHEAP) it had a big bore and premium sound. couldnt move the bloofy thing it was in stock for 4 months. :|
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