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Old 11-30-2008, 10:46 PM   #1
Kal-El
 
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'07 Yaris's with over 90K on them - $11-12K!!!

Do they hold their value? Umm, yup!


http://www.autotrader.com/fyc/vdp.js...e=&cardist=869

http://www.automart.com/vehicledetai.../ca/pkg-bronze
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Old 11-30-2008, 10:59 PM   #2
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That is awesome. I could drive this thing for another couple years, sell it and put a down payment on a Lexus. LOL.
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Old 11-30-2008, 11:02 PM   #3
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wow
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Old 12-01-2008, 10:10 AM   #4
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no way, i just check the kellyblue book value for my car, 50K 2007 Sedan with ABS and Factory Fog Light, Bodykit, excellent condition for less than $9k
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Old 12-01-2008, 10:05 PM   #5
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Originally Posted by jamal1984 View Post
no way, i just check the kellyblue book value for my car, 50K 2007 Sedan with ABS and Factory Fog Light, Bodykit, excellent condition for less than $9k
KBB and other sources are often useless for real world appraisals.

The auto market can change week to week. Suppose gas prices doubled overnight because of some worldwide or national crisis and those prices sustained for more than at least a few days. How much do you think Prius, Yaris, Fit, Civic, Corolla, ect. prices would change? They would shoot up because demand would explode. On the flipside, SUV and truck values would plummet (much like this summer). Dealers often use their own judgement for what a car is really worth right now.

That said, the Yaris shouldn't be commanding these prices because gas has plummeted. This past summer, they could.
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Old 12-02-2008, 12:50 PM   #6
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Just because they asking 10K doesnt mean they get it. I can buy a 2006 Mitsu Endeavor for 15K with 30K, as well as 2006 SAAB 97X ARC with 5.3L v8 and leather (yes it be a fancy GMC Envoy.=) The dealer will typ give you current regional AUCTION values gor your car (GALVES) unless they REALLY want it bad. So it be best you do private sale given there are a LOT of uninformed consumers for you to sell to.
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Old 12-02-2008, 02:40 PM   #7
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I saw a top ten list for the lowest third year depreciation cars and Yaris was second best. If I recall correctly it came in at 57% of original value after three years. The Mini was the only car better at 58%. 4 or 5 Toyota/Scion vehicles occupied that top ten.
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Old 12-02-2008, 03:13 PM   #8
tetzyamis
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Just because they asking 10K doesnt mean they get it.
That's so true.
They usually start off with a ridiculous price
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Old 12-02-2008, 03:26 PM   #9
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These things will be worth a lot more in 3 or 4 years if gas is $5+/gal, otherwise they'll depreciate like any other car.
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Old 12-02-2008, 09:54 PM   #10
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Originally Posted by TheSilkySmooth View Post
Just because they asking 10K doesnt mean they get it. I can buy a 2006 Mitsu Endeavor for 15K with 30K, as well as 2006 SAAB 97X ARC with 5.3L v8 and leather (yes it be a fancy GMC Envoy.=) ...
True, those are starting prices but if the car is in demand, as the Yaris is, they aren't going to slash more than a couple of grand at most.

And you're using an Endeavor for comparison? That's one of the worse vehicles on the market and Mitsu's hold their value like a Hyundai in the '90's.
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Old 12-03-2008, 12:27 AM   #11
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Yaris does hold its value quite well. However, I've been watching several several sedans on craigslist, and they've been on there for a couple of weeks, and have come down in price as much as $3,000 in the last few weeks.
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Old 12-04-2008, 12:48 PM   #12
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Originally Posted by Kal-El View Post
True, those are starting prices but if the car is in demand, as the Yaris is, they aren't going to slash more than a couple of grand at most.

And you're using an Endeavor for comparison? That's one of the worse vehicles on the market and Mitsu's hold their value like a Hyundai in the '90's.
You want BAD, I think NADA has the Land rover Disco at $7-9K with 30K miles and 3 years old! Probably worst reliability out there. Considered tarding for winter and said to myself- how stupid am I? not THAT stupid. Therefore I get the Vinterforce snowtyres for 60 bucks and I am GO for sno
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