Welcome to the Australian Ford Forums forum.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated.

Go Back   Australian Ford Forums > General Topics > The Pub

The Pub For General Automotive Related Talk

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 15-12-2017, 09:19 PM   #1
jaytyn
Regular Member
 
jaytyn's Avatar
 
Join Date: Jan 2005
Posts: 83
Default Ford Kuga Resale Value

Hello All,

I am having a small issue with my Kuga resale.

In summary:
  • 2013 Kuga Titanium, paid $45k brand new in 2013.
  • 156,000 KMS now - excellent condition.
  • New engine after the recall fiasco - runs like a dream now
  • Redbook has trade in value at around $15k.
  • Trade in offers are only $7.5k-$10k!!!
  • Been on car sales for 6 months - not a single enquiry

My 5 year lease is 6 months away from finalising. it has a balloon of $12k. (It's not worth that now - i'd hate to imagine how much I'll be offered in 6 months)

My questions:
Has this car depreciated far more rapidly than other models/makes?
Why are dealers so much lower than redbooks trade-in guide?

I havent ruled out taking ford to VCAT for loss of value due to major faults (catching fire and no one wants them).

I'd appriciate any words of wisdom or advice? Thanks all

Last edited by jaytyn; 15-12-2017 at 09:28 PM.
jaytyn is offline   Reply With Quote Multi-Quote with this Post
 


Forum Jump


All times are GMT +11. The time now is 06:49 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Other than what is legally copyrighted by the respective owners, this site is copyright www.fordforums.com.au
Positive SSL