New Car Prices Versus Old.

[Ext User(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.

[Ext User(Casper)]

"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 ?

[Ext User(Knobdoodle)]

"qanset" <qanset@hotmail.com> wrote in message
news:443b677e$0$20111$afc38c87@news.optusnet.com.a u...
> 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

[Ext User(Knobdoodle)]

"Casper" <someone@microsoft.com.au> wrote in message
news:443b69cd$0$7601$afc38c87@news.optusnet.com.au ...
>
> "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 ?
And they can say "look at the resale value....."
--
Knob
(I thing '03 Rios were $14999 drive away so they must really appreciate!)

[Ext User(Ron)]

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
--
NewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth

[Ext User(D Walford)]

qanset wrote:
> 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

[Ext User(Katharine & Paul)]

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.



"qanset" <qanset@hotmail.com> wrote in message
news:443b677e$0$20111$afc38c87@news.optusnet.com.a u...
> 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.

[Ext User(Toby Ponsenby)]

On Tue, 11 Apr 2006 20:25:12 +1000, Katharine & Paul wrote:

> 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.
>
>
>
> "qanset" <qanset@hotmail.com> wrote in message
> news:443b677e$0$20111$afc38c87@news.optusnet.com.a u...
>> 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.

Here we go here we go here we go....

--
Toby.
quidquid latine dictum
sit, altum viditur

[Ext User(Andy)]

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

[Ext User(Andy)]

Opps found it.

[VYBerlinaV8]

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.

[Ext User(Ron)]

"Andy" <pandoraandypandy@hotmail.com> wrote in
news:1144791274.287506.326070@g10g2000cwb.googlegr oups.com:

> 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
>

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
--
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