Re: Poor resale value
04-03-2004, 06:11 PM
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Re: Poor resale value
In article <Pine.LNX.4.44.0403232112060.8029-100000@ccc9.wpi.edu>,
Sudip Bhattacharjee <ciesudip@WPI.EDU> wrote:
> I have heard that Hyundai has a very poor resale/trade value. Why is it
> so?
They do indeed. Well at least the price that dealers will pay. What
dealers try to get for ones that they are selling is another matter. Buy
low; sell high makes for quite a profit on the .
Why is the trade in price so low? Public perception based on the quality
of the cars that Hyundai used to make.
The new ones are very good. Better, I think, than Corollas or Civics.
A bad reputation dies slowly but it does die. Remember the Audi 100 that
was said to start all by itself? It took some time but Audi regained its
reputation. So will Hyundai.
I wonder though what will become of the quality when Hyundai starts
assembling in the US?
Sudip Bhattacharjee <ciesudip@WPI.EDU> wrote:
> I have heard that Hyundai has a very poor resale/trade value. Why is it
> so?
They do indeed. Well at least the price that dealers will pay. What
dealers try to get for ones that they are selling is another matter. Buy
low; sell high makes for quite a profit on the .
Why is the trade in price so low? Public perception based on the quality
of the cars that Hyundai used to make.
The new ones are very good. Better, I think, than Corollas or Civics.
A bad reputation dies slowly but it does die. Remember the Audi 100 that
was said to start all by itself? It took some time but Audi regained its
reputation. So will Hyundai.
I wonder though what will become of the quality when Hyundai starts
assembling in the US?
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