Jump to content

Toyota General Discussion Forum | Toyota 86 Forum | Toyota Aurion Forum | Toyota Avalon Forum | Toyota Avanza Forum | Toyota Camry Forum | Toyota Corolla Forum | Toyota FJ Cruiser Forum | Toyota Fortuner Forum | Toyota Innova Forum | Toyota Land Cruiser Prado Forum | Toyota Land Cruiser Forum | Toyota Previa Forum | Toyota Rav4 Forum | Toyota Sequoia Forum | Toyota Tundra Forum | Toyota Yaris Forum | Toyota Zelas Forum

Jeh

Toyota Choices - What are the disadvantages here?

Recommended Posts

 

 

9_3.gifen_400x226.jpg.d29f585c4d594c7711e586a5b813f2bd.jpg

  • Like 2
  • Well Done 1

Share this post


Link to post
Share on other sites

It all depends on how they actually predict market value after set number of years.

It could be crap to promote their used car business like auto mall. OR

It could be good to promote new car sales genuinely. 

Unless you have real numbers its difficult to comment any good or bad.

  • Like 2

Share this post


Link to post
Share on other sites

The guaranteed minimum value that they will give for your car will be ridiculously low, considering that they have to keep a safety margin based on the cars condition, prepping the car for selling through their own second hand branches, and make a buck on it. 

I have seen a very similar thing in Europe called 1–2-3 contract on brands like Opel and a few others. I took this deal on one of my first cars and after three years they gave me a laughable low price to take over my car, for reasons described above, although the car was in pristine condition. Ended up keeping the car and paying off the remaining balance myself.

  • Like 1
  • Totally Agree 1
  • Well Done 1

Share this post


Link to post
Share on other sites

I feel new car is only for people who are not concerned about the resale value and take the full car amount as usable or disposable. Means buy new car and commit to use till its end of life 5-10-15 years. OR get ready to dispose (not SELL) at any stolen car price offered by used car dealers, resellers or auction sites.

So if you are among those 28% people who prefer new car than 72% prefer used cars, go for it.

  • Like 1
  • Totally Agree 2

Share this post


Link to post
Share on other sites

You will never get the value of your car from selling it back to a dealer. Remember the dealer is trying to buy it cheap so they can sell it on again and make a profit. Private sale is always the best option to make more money. 

This was my first experience with a dealer. I remember when the Focus RS came out. I wanted one so bad so I took one out for a test drive for an hour. The salesman came with me telling me this yadda yadda, horsepower yadda yadda, I asked him  if the car had LSD, he didn’t know. The car salesmen generally don’t know anything about what they are selling other than what is on the printed piece of paper handed to him. These aren’t car people like us, they are salesmen trying to make a quick buck. 

Anyway, I was trying to make a deal with him for my old car. It was an old Mk 5 Escort. He offered me £400 for it and said he would send it to auction and dispose of it for me. I was so offended I just walked out and I didn’t even want to deal with him on the RS. It was just an old Escort but it was a 3 door non sunroof shell, and to anyone in the know, it’s a highly sought after car by motorsport builders, they were produced in low numbers and they just aren’t out there to find randomly. I ended up selling it privately for £6000.  In dirhams, I ended up getting 26,000 more than the dealer offered me. 

I hate dealers. I remember going to look at a new Patrol Safari a few months ago. Dealer wouldn’t even give me a test drive. Expected me just to hand over cash to him. His reason, this is the best 4x4 in UAE, everyone wants one. I don’t know about other people but I’m not going to hand over a massive chunk of cash without driving something first. 

  • Like 2
  • WOW 1

Share this post


Link to post
Share on other sites
2 hours ago, Barry said:

I remember going to look at a new Patrol Safari a few months ago. Dealer wouldn’t even give me a test drive.

That's very strange, are you sure they have understood you correctly that you wanna buy....?

Why would any dealer refuse for test drive when they pay 100's of dollars for getting 1 test drive lead from marketing agencies.

  • Like 1
  • Totally Agree 1

Share this post


Link to post
Share on other sites
3 hours ago, Barry said:

You will never get the value of your car from selling it back to a dealer. Remember the dealer is trying to buy it cheap so they can sell it on again and make a profit. Private sale is always the best option to make more money. 

This was my first experience with a dealer. I remember when the Focus RS came out. I wanted one so bad so I took one out for a test drive for an hour. The salesman came with me telling me this yadda yadda, horsepower yadda yadda, I asked him  if the car had LSD, he didn’t know. The car salesmen generally don’t know anything about what they are selling other than what is on the printed piece of paper handed to him. These aren’t car people like us, they are salesmen trying to make a quick buck. 

Anyway, I was trying to make a deal with him for my old car. It was an old Mk 5 Escort. He offered me £400 for it and said he would send it to auction and dispose of it for me. I was so offended I just walked out and I didn’t even want to deal with him on the RS. It was just an old Escort but it was a 3 door non sunroof shell, and to anyone in the know, it’s a highly sought after car by motorsport builders, they were produced in low numbers and they just aren’t out there to find randomly. I ended up selling it privately for £6000.  In dirhams, I ended up getting 26,000 more than the dealer offered me. 

I hate dealers. I remember going to look at a new Patrol Safari a few months ago. Dealer wouldn’t even give me a test drive. Expected me just to hand over cash to him. His reason, this is the best 4x4 in UAE, everyone wants one. I don’t know about other people but I’m not going to hand over a massive chunk of cash without driving something first. 

Barry your Gora Bhai clout is highly questionable ! lole

  • Like 2

Share this post


Link to post
Share on other sites

So this is basically a lease with an option to buy. They just put a different name.. 🤣

They will make a lot of money, they just want you to keep paying them that monthly payment and at the end if you did not exceed the mileage agreed you can exchange it for another car or buy the car. At the end they will get more money from you. Plus you must maintain it with them.

  • Like 1
  • Well Done 1

Share this post


Link to post
Share on other sites

I had checked with Infinity Dubai regarding a similar option some 3 years back. @Javier M is correct in saying it is a lease option. I was given a figure of AED 2200 for 3 years with an option to pay the balance 50% at the end of 3 years to keep the car with a compulsion to buy the car if I exceed 30000 kms in 3 years. They can also arrange loan for 2 years on the balance 50% at little over AED 3000 which I found ridiculous. If I go for conventional method I would have paid AED 2400 for 5 years.

Having been to US with my cousin brother working for Infinity I can get a spanking brand new Q50 at USD 199 monthly for 3 years and they take back the car after 3 years with unlimited mileage and acceptable condition. The consumers are happy there, the showrooms are stuck selling a 3 year old car at high prices.

  • Like 3

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

Terms of use