Australian Politics Forum - Price of used carrs

Sprintcyclist

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Price of used carrs
Jun 13^th, 2021 at 3:28am

2016 Camry Altise for Sale
$20,500

Seems a lot to me.
5 years old, was say $33K when new.
depreciates $3K a year !

Pricing for the 2016 Toyota Camry starts at $26,490 plus on-road costs for the base petrol-powered Altise and tops out at $40,440 plus on-roads for the hybrid-equipped Atara SL. The only price change for the 2016-model is a $1500 increase for the Atara SX variant.
https://www.caradvice.com.au/448181/201 ... fications/

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Modern Classic Right Wing

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Laugh till you cry Gold Member Offline Posts: 13817 In your happy place Gender:	Re: Price of used carrs Reply #1 - Jun 13^th, 2021 at 9:59am "carrs" MenstrualCyclist has moved on after inventing the shifting spanner and the hammer. Expect a selfie of MenstrualCyclist on Mars next.
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Bobby.

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Re: Price of used cars
Reply #2 - Jun 13^th, 2021 at 10:08am

The link is here:
https://www.caradvice.com.au/448181/2016-toyota-camry-pricing-and-specifications...

The Altise is very popular -
they have an excellent reliability so the price is high.

Quote:

Pricing for the 2016 Toyota Camry starts at $26,490 plus on-road costs for the base petrol-powered Altise

Still sounds like an awful lot for a 5 year old used car.
How do you know that the previous owner didn't
thrash the guts out of it?

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Sprintcyclist

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Re: Price of used cars
Reply #3 - Jun 13^th, 2021 at 3:14pm

Bobby. wrote on Jun 13^th, 2021 at 10:08am:

The link is here:
https://www.caradvice.com.au/448181/2016-toyota-camry-pricing-and-specifications...

The Altise is very popular -
they have an excellent reliability so the price is high.

Quote:

Pricing for the 2016 Toyota Camry starts at $26,490 plus on-road costs for the base petrol-powered Altise

Still sounds like an awful lot for a 5 year old used car.
How do you know that the previous owner didn't
thrash the guts out of it?

I don't.

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Modern Classic Right Wing

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lee Gold Member Offline Australian Politics Posts: 16400 Gender:	Re: Price of used carrs Reply #4 - Jun 13^th, 2021 at 6:48pm The price of used cars has risen due to the unavailability of new cars. Some waiting list are months long, some 12 months.
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Sprintcyclist Gold Member Offline OzPolitic Posts: 39508 Gender:	Re: Price of used carrs Reply #5 - Jun 13^th, 2021 at 6:53pm lee wrote on Jun 13^th, 2021 at 6:48pm: The price of used cars has risen due to the unavailability of new cars. Some waiting list are months long, some 12 months. Do you think these prices will decline soon?
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Cu Chulainn

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Re: Price of used carrs
Reply #6 - Jun 13^th, 2021 at 7:21pm

Sprintcyclist wrote on Jun 13^th, 2021 at 6:53pm:

lee wrote on Jun 13^th, 2021 at 6:48pm:

The price of used cars has risen due to the unavailability of new cars. Some waiting list are months long, some 12 months.

Do you think these prices will decline soon?

When the car makers can buy enough silicon fabrication. Chip makers can't keep up because car makers thought there would be a downturn in new sales due to covid and reduced their chip requirements but they were wrong, the silicon plants had thus since moved on to other chips they were contracted to make like NVidia chips which are also in extreme demand due to crypto mining. This might all take a couple of years to fully work out but there are, I believe, new silicon factories being built. Perhaps Biden might buy into it in his push to keep the US at the top of the IT ladder. This is what can happen when an industry relies on JIT manufacturing and one of the providers, can't supply.

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Sprintcyclist

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Re: Price of used carrs
Reply #7 - Jun 13^th, 2021 at 7:31pm

Cu Chulainn wrote on Jun 13^th, 2021 at 7:21pm:

Sprintcyclist wrote on Jun 13^th, 2021 at 6:53pm:

lee wrote on Jun 13^th, 2021 at 6:48pm:

The price of used cars has risen due to the unavailability of new cars. Some waiting list are months long, some 12 months.

Do you think these prices will decline soon?

When the car makers can buy enough silicon fabrication. Chip makers can't keep up because car makers thought there would be a downturn in new sales due to covid and reduced their chip requirements but they were wrong, the silicon plants had thus since moved on to other chips they were contracted to make like NVidia chips which are also in extreme demand due to crypto mining. This might all take a couple of years to fully work out but there are, I believe, new silicon factories being built. Perhaps Biden might buy into it in his push to keep the US at the top of the IT ladder. This is what can happen when an industry relies on JIT manufacturing and one of the providers, can't supply.

Thank you

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Modern Classic Right Wing

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Bobby.

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Re: Price of used cars
Reply #8 - Jun 13^th, 2021 at 7:40pm

Sprintcyclist wrote on Jun 13^th, 2021 at 3:14pm:

Bobby. wrote on Jun 13^th, 2021 at 10:08am:

The link is here:
https://www.caradvice.com.au/448181/2016-toyota-camry-pricing-and-specifications...

The Altise is very popular -
they have an excellent reliability so the price is high.

Quote:

Pricing for the 2016 Toyota Camry starts at $26,490 plus on-road costs for the base petrol-powered Altise

Still sounds like an awful lot for a 5 year old used car.
How do you know that the previous owner didn't
thrash the guts out of it?

I don't.

That's right so be careful.
Does the RACV do compression tests when they test a car for you?
That will tell if the engine has been thrashed - low compression.

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Cu Chulainn

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Re: Price of used cars
Reply #9 - Jun 13^th, 2021 at 7:58pm

Bobby. wrote on Jun 13^th, 2021 at 7:40pm:

Sprintcyclist wrote on Jun 13^th, 2021 at 3:14pm:

Bobby. wrote on Jun 13^th, 2021 at 10:08am:

The link is here:
https://www.caradvice.com.au/448181/2016-toyota-camry-pricing-and-specifications...

The Altise is very popular -
they have an excellent reliability so the price is high.

Quote:

Pricing for the 2016 Toyota Camry starts at $26,490 plus on-road costs for the base petrol-powered Altise

Still sounds like an awful lot for a 5 year old used car.
How do you know that the previous owner didn't
thrash the guts out of it?

I don't.

That's right so be careful.
Does the RACV do compression tests when they test a car for you?
That will tell if the engine has been thrashed - low compression.

It won't tell you that at all. It will tell you how close to spec the compression ratio is. If compression is low on all cyls it would indicate worn rings/possibly bore. Low compression on one cyl can indicate valve or head problems. Reasonable variance but low compression across cyls would just be old age, worn pistons/rings/bore all around.

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Bobby.

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Re: Price of used cars
Reply #10 - Jun 13^th, 2021 at 8:00pm

Cu Chulainn wrote on Jun 13^th, 2021 at 7:58pm:

It won't tell you that at all. It will tell you how close to spec the compression ratio is. If compression is low on all cyls it would indicate worn rings/possibly bore. Low compression on one cyl can indicate valve or head problems. Reasonably variance but low compression across cyls would just be old age, worn pistons/rings/bore all around.

But if it's only 5 years old and the compression is down
then it's a good bet that it's been thrashed.

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Cu Chulainn

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Re: Price of used cars
Reply #11 - Jun 13^th, 2021 at 8:01pm

Bobby. wrote on Jun 13^th, 2021 at 8:00pm:

Cu Chulainn wrote on Jun 13^th, 2021 at 7:58pm:

Bobby. wrote on Jun 13^th, 2021 at 7:40pm:

Sprintcyclist wrote on Jun 13^th, 2021 at 3:14pm:

Bobby. wrote on Jun 13^th, 2021 at 10:08am:

The link is here:
https://www.caradvice.com.au/448181/2016-toyota-camry-pricing-and-specifications...

The Altise is very popular -
they have an excellent reliability so the price is high.

Quote:

Pricing for the 2016 Toyota Camry starts at $26,490 plus on-road costs for the base petrol-powered Altise

Still sounds like an awful lot for a 5 year old used car.
How do you know that the previous owner didn't
thrash the guts out of it?

I don't.

That's right so be careful.
Does the RACV do compression tests when they test a car for you?
That will tell if the engine has been thrashed - low compression.

It won't tell you that at all. It will tell you how close to spec the compression ratio is. If compression is low on all cyls it would indicate worn rings/possibly bore. Low compression on one cyl can indicate valve or head problems. Reasonably variance but low compression across cyls would just be old age, worn pistons/rings/bore all around.

But if it's only 5 years old and the compression is down
then it's a good bet that it's been thrashed.

Are we going to take into account mileage? The type of use the engine is put to? Running time/travelled miles?

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Bobby.

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Re: Price of used cars
Reply #12 - Jun 13^th, 2021 at 8:14pm

Cu Chulainn wrote on Jun 13^th, 2021 at 8:01pm:

Bobby. wrote on Jun 13^th, 2021 at 8:00pm:

But if it's only 5 years old and the compression is down
then it's a good bet that it's been thrashed.

Are we going to take into account mileage? The type of use the engine is put to? Running time/travelled miles?

It's a 5 year old car.
If it's been towing a caravan and has high miles then
sure it will have low compression and
I wouldn't pay $26,490 for it.
In fact I wouldn't buy it at a much lower price.

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Cu Chulainn

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Re: Price of used cars
Reply #13 - Jun 13^th, 2021 at 8:22pm

Bobby. wrote on Jun 13^th, 2021 at 8:14pm:

Cu Chulainn wrote on Jun 13^th, 2021 at 8:01pm:

Bobby. wrote on Jun 13^th, 2021 at 8:00pm:

But if it's only 5 years old and the compression is down
then it's a good bet that it's been thrashed.

Are we going to take into account mileage? The type of use the engine is put to? Running time/travelled miles?

It's a 5 year old car.
If it's been towing a caravan and has high miles then
sure it will have low compression and
I wouldn't pay $26,490 for it.
In fact I wouldn't buy it at a much lower price.

I could sell you my VR SS Commodore for half of that. Never towed a caravan. Original 217KKs. It would tow your caravan no probs.

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Gordon

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Re: Price of used carrs
Reply #14 - Jun 13^th, 2021 at 8:25pm

Cu Chulainn wrote on Jun 13^th, 2021 at 7:21pm:

Sprintcyclist wrote on Jun 13^th, 2021 at 6:53pm:

lee wrote on Jun 13^th, 2021 at 6:48pm:

The price of used cars has risen due to the unavailability of new cars. Some waiting list are months long, some 12 months.

Do you think these prices will decline soon?

When the car makers can buy enough silicon fabrication. Chip makers can't keep up because car makers thought there would be a downturn in new sales due to covid and reduced their chip requirements but they were wrong, the silicon plants had thus since moved on to other chips they were contracted to make like NVidia chips which are also in extreme demand due to crypto mining. This might all take a couple of years to fully work out but there are, I believe, new silicon factories being built. Perhaps Biden might buy into it in his push to keep the US at the top of the IT ladder. This is what can happen when an industry relies on JIT manufacturing and one of the providers, can't supply.

A couple of years to catch up.

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IBI

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