What the heck!!! 2010 Yaris KBB value

[ddongbap]

I don't get whats unique about losing value on a car you bought?

Were you expecting to have the car resold at nearly the same price you bought it for?

[ddongbap]

The Audi R8 drops 50% of its new purchase value after just a year. With, like, 10 miles on it.

[mr9865]

i think he is mad it dropped so much more in value than the 2009 did

[ddongbap]

Originally Posted by mr9865

i think he is mad it dropped so much more in value than the 2009 did

ahh

[Hershey]

Originally Posted by ddongbap

ahh

yup .

[sickpuppy1]

Could it have anything to do with some of the other small cars that are making inroads into this market? IE, the new Mazda2 or Ford fiesta coming out? Cool new cars on the market ruin the value of the rest of them.

[Kal-El]

Originally Posted by sickpuppy1

Could it have anything to do with some of the other small cars that are making inroads into this market? IE, the new Mazda2 or Ford fiesta coming out? Cool new cars on the market ruin the value of the rest of them.

Good point. The market has already changed quite a bit in just a year.

As you pointed out, hot new models are available making the 4 year old Yaris design less appealing.

Also, Yaris inventory is significantly larger - new and used. That of course devalues them.

And lastly, the market is once again shifting toward larger cars. Yes, SUV/truck sales have bounced back again since gas prices have remained steadily low. Almost all sub-compact sales are down.

And just wait until the new 2012 Yaris comes out, that will yield another sharp drop in the value of '07-'11 Yaris's.

[sickpuppy1]

It's interesting for me to read, but honestly, I never have worried about resale value simply cause how long I keep my cars. I use em up and wear em out. My corolla had close to 200k , my Civic had 150k when I sold it to my son, and I will keep this Yaris till its worn out unless it gets wrecked or I win the powerball. Even then I'd give to my youngest cause it has all the airbags in it.He is 16 after all....
I know resale is important to those of you that trade every few years, but you can never predict the market with 100% certainty so buy what you want and deal with it when the time comes. I have too much else to deal with on a daily basis than to freak over the resale value of my car..... life's to short...and so am I, Oh well LOL....

[127.0.0.1]

Originally Posted by Hershey

Does the OP do anything besides bash TOYOTA these days .

Like we planned 2 YARIS with same head gasket leak . Care less about seniority on this site , don't mean squat .

pot kettle black

[why?]

Originally Posted by Kal-El

And lastly, the market is once again shifting toward larger cars. Yes, SUV/truck sales have bounced back again since gas prices have remained steadily low. Almost all sub-compact sales are down.

Anyone who thinks these gas prices are cheap needs to be in a mental institution or just simply drug into the middle of the street and shot.

[chrisj]

I plan on keeping mine until the wheels fall off, so my Yaris' value is priceless.

[Kal-El]

Originally Posted by why?

Anyone who thinks these gas prices are cheap needs to be in a mental institution or just simply drug into the middle of the street and shot.

You don't think $2.50 a gallon is cheap???

Try living in another country where you might be paying over $8/gal.

I bet you have no problem paying $1-$1.50 for a 16 ounce bottle of water though. Or $6.00 for a bag of popcorn (worth about 25 cents) at the movie theater.

And do you think it's the big evil oil companies charging a ridiculous $2.50?
Actually, they get a small portion of it. The US government makes more on gas doing NOTHING than the oil companies that do all the work. Then of course there's all the other people that have to get paid. Trucking companies/drivers and gas stations.

A lot of work goes into getting a gallon of gas into your gas tank. Isn't it already a good deal that it's cheaper than soda?

[chrisj]

Way back when gas was just $1.20 a gallon or so, people got in an uproar when it went to $1.40, and I remember watching an analyst on TV talking about how once you get people "used to" paying $1.40 for a gallon, they won't bitch about it anymore. So, it's all relative. If you think in $1.40 a gallon terms, $2.50 is a fortune, but if you think of in terms of when gas got up to $4.00 a gallon briefly, then $2.50 is a bargain. The whole problem with this country is that people are too used to cheap (relatively) gas, which is exactly why we have never gone to economy cars like Europe has been driving since forever. I lived in England for 3 years in the 70's and petrol was outrageous there, even then. But they were also driving fuel-efficient cars then as well, due to the high prices for gas. Most Americans refuse to get out of "Cadillac Mode", driving Yank Tanks around that guzzle gas. Hell, if you have to shell out money for a honking 8-cyl that gets 8 gallons to the mile, anyone would get upset with $2.50 a gallon.

I personally look at gas prices differently. When gas was close to $4.00 a gallon, there really were far less people on the road, including me. You made choices and doubled up on trips when you went out, like people SHOULD be doing every day. I personally don't care what the price of gas gets to. For one thing, I drive a very fuel-efficient car now, and for another thing, that keeps more as*holes off the roads. :)

[sleey0]

Well said!

[why?]

Originally Posted by Kal-El

You don't think $2.50 a gallon is cheap???

Try living in another country where you might be paying over $8/gal.

I bet you have no problem paying $1-$1.50 for a 16 ounce bottle of water though. Or $6.00 for a bag of popcorn (worth about 25 cents) at the movie theater.

And do you think it's the big evil oil companies charging a ridiculous $2.50?
Actually, they get a small portion of it. The US government makes more on gas doing NOTHING than the oil companies that do all the work. Then of course there's all the other people that have to get paid. Trucking companies/drivers and gas stations.

A lot of work goes into getting a gallon of gas into your gas tank. Isn't it already a good deal that it's cheaper than soda?

Yes, $2.50 is absurd. There is no reason for gas to be this expensive. And if the US government actually allowed companies to exploit the amazingly huge amount of natural resources we have in our country, the price of gas would be a ton cheaper.

But no, every other country on the planet can drill for oil in the Gulf of Mexico, but not the US.

And sorry, but just because the gas was more expensive at one point does not make what we pay now cheap. I know all about the absurd taxes on oil, and that is nothing if this idiot of a president gets his way. There should be zero taxes on oil and gas.

If America wants to get out of debt, we need to exploit our own natural resources, and not import everything from foreign countries.

[yarrr]

Seriously, how long has the oil leak in the gulf been capped and you post this crap? You sir, are quite unbelievable.

[Kal-El]

Originally Posted by why?

Yes, $2.50 is absurd. There is no reason for gas to be this expensive. And if the US government actually allowed companies to exploit the amazingly huge amount of natural resources we have in our country, the price of gas would be a ton cheaper.

But no, every other country on the planet can drill for oil in the Gulf of Mexico, but not the US.

And sorry, but just because the gas was more expensive at one point does not make what we pay now cheap. I know all about the absurd taxes on oil, and that is nothing if this idiot of a president gets his way. There should be zero taxes on oil and gas.

If America wants to get out of debt, we need to exploit our own natural resources, and not import everything from foreign countries.

I agree with you on some points. It is ridiculous that the government pulls in more money on oil than those that do all the work. However, the other way to look at it is that gas taxes [supposedly] go to roads/bridges which works out nicely because it's the road users that are paying for such work more than those who for whatever reason don't drive and therefore don't pay this extra tax.

I certainly don't want gas above $3 a gallon for the sake of our economy. $4/ gallon devastates it. However, I still have to say that $2.50/gal is a very fair price for fuel. Of course it used to be cheaper but lets not ignore inflation. Honestly, you can't really expect gas to be $1.50/gal in 2010, do you? What was $1.50 in 1990, isn't $1.50 now. The first major problem with that is that everyone owns massive gas hogs and no fuel alternatives are ever explored. Am I an environmentalist? Nope. But I appreciate a sensible balance. Make anything cheap as dirt, and it gets severely wasted. I think $2.50 is a point when people are still conservative but it's not killing budgets or the economy. People are buying sensible cars although you still see a return to SUV's which suggest that yes, it's still inexpensive.

Anyway, I think we need a new thread. This is way off topic.

[Hershey]

it will .