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Old 11-07-2020, 07:09 AM   #27
pauljh74
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Join Date: Dec 2004
Location: Melbourne, Australia
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Default Re: Holden Equinox? Yea or Nay?

Autoexpert TV on YT did a video about the effect of Holden pulling out on resale. I can't seem to find it but he used Infiniti as another example leaving Australia. I can't recall if it was projected resale or actual resale of 3 year old cars, but while most cars depreciate to around 50%+ over 3 years, the Infiniti was closer to 35% as a result of the ending support of the brand and their less than stellar perception on the market. I wonder which other car brand we could apply that to? Holden!

So you have to factor in the highly likely accelerated depreciation into your decision as to whether or not to get a new Holden. Sure, they're going to sell them at large discounts, but is it really enough compensation? If you're possibly going to lose another 15% over 3 years on a $30k car. That's about $5k. So if they knock $3k off as a supposed great deal, they're not doing you any favours
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