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SUVs Hyundai Santa Fe Suzuki Grand Vitara vs Subaru Forester vs Hyundai Santa Fe vs Jeep Liberty vs Ford Escape vs Saturn Vue
4940 messages, Last post on Sep 24, 2009 at 9:33 AM
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Replying to: xostnot (Apr 18, 2007 9:39 pm) -Frank
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Replying to: ateixeira (Apr 19, 2007 7:38 am) Maybe Foresters sell in greater numbers than GV's, and probably a higher proportion of those sales are leases. I thought probably the used 2006 Foresters I checked had come off leases, but I thought that didn't matter in this context. The question was which used vehicle is easier to find, and which retains resale value. I think my information addressed those points, without contradicting what has been said since. I also suspect I posted the new purchase price of the 2006 Foresters too low, because I took it from the current asking price for a new 2006, which should be discounted because they're a year outdated. Which means the depreciation for Foresters is worse than my numbers indicated. It may be worse than for GV's, in fact. If people are buying Grand Vitaras rather than leasing them, and if they expect to keep them a long time, does this suggest those buyers lack confidence in their choice? Or are we just nut cases? Park a new GV beside an new Forester and ask someone who has no idea of their pricing, which costs more. This could rub off on used sales. |
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Replying to: p0926 (Apr 19, 2007 12:55 pm) I cast a wider net. Looked on eBay for 2006 Foresters and 2006 GV's. 5 2006 Foresters and 1 2006 used GV. The asking prices for the Foresters were nowhere near the new prices. Real bargains, actually. In March 2007, Subaru sold about 20% more vehicles in Canada than Suzuki. While unfortunately I couldn't find information specific to the Forester and GV, it would be difficult to imagine in that number there is an embedded sales ratio of 5:1 between the Forester and the GV. In fact, after looking at this I suspect the GV may retain resale value better than the Forester. You certainly get more vehicle whatever the price. The Subaru Loyale held resale value well because it turned out to be a very good design, in demand, long after production ceased. The new GV could turn out like that, whereas I doubt the Forester will. The Forester is getting quite dated, and I trust Subaru will soon put out a vastly improved new version.
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Replying to: xostnot (Apr 19, 2007 6:09 pm) |
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Replying to: xostnot (Apr 19, 2007 6:49 pm) -Frank |
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Replying to: xostnot (Apr 19, 2007 6:09 pm) It may be dated but it fulfills it's intended mission the best of the bunch without any pretense. One reason it keeps getting high marks. And the turbo transforms the sleepy beast into a rocket. |
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Replying to: xostnot (Apr 19, 2007 6:49 pm) Plus, you'd have to know that the owners actually paid in the first place to determine actual residual values. And the condition of the cars, and the mileage, etc. We don't have enough info to make conclusions. I'd rely more on KBB values or the Automotive Lease Guide (ALG) to make conclusions about resale value. Subaru fans would have been falling over themselves to praise and buy it I'm glad to see you have such confidence in your vehicle, that's great. I was interested enough to test drive one, sure. Would I buy it? No, the V6 didn't offer the extra performance I expected, and didn't sound very refined either. Gas mileage was another concern, especially given the merely average performance. The warranty is great. It's a solid effort, no doubt, but could use a little more polish. Not that the Forester is perfect, far from it. I'd like to see them add a 5EAT, make stability control standard, and stretch the wheelbase just a tad. Any how, I found a better source for residual values: https://www.alg.com/deprratings.aspx As you can see, the Forester gets 4 stars and the Grand Vitara gets a (still good) 3 stars. Cheers. 
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Replying to: ateixeira (Apr 20, 2007 5:49 am) ateixeira, thanks for looking up the interesting resale value information. As I said before, GV resale values will also depend on location, and my location likes smaller vehicles. I would also guess most of the GV number would comprise the older, less desired version, while the Forester has been pretty much the same since it was introduced. I think most shortcomings people report with the new GV could be resolved by increasing the sound insulation and softening the suspension. Then the engine would seem quieter, and the whole thing would seem more refined. In fact, I think Suzuki should offer both "softened" and "offroad" versions of the GV. I intend to add acoustic material myself, and the stiff suspension is needed for what we bought it for. I checked the used listings on Canada.com. 6 used 2006 Foresters for an average asking price of $29,400. 10 used 2006 Grand Vitaras for an average asking price of $25,000. Difference in average asking price is $4400. The Foresters were from Ont (2), BC (2), Sask (1) and AB (1). The Vitaras were from Ont (3), AB (3), Quebec (4). So these Vitaras were more likely to be from provinces where small vehicles are less preferred, which would depress resale prices. New, the average MSRP of the most and least expensive 2006 Foresters was $33,250. The average of the most and least expensive new 2006 GV's was $27,250. The difference in MSRP range was $5000. I realize this is a very crude methodology, and it still does not factor out regional differences. But it does not support claims that GV's resale values drop like rocks. Instead, the most likely explanation is the difference in purchase price. I still don't believe I will suffer when it comes time to sell the GV. Just the interest on $5000 will pay for the difference in gas mileage.
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Replying to: xostnot (Apr 20, 2007 9:28 pm) One thing helping that figure right now is that the new 7/100 warranty is fully transferable. Unlike Hyundai - only the 5/60 portion transfers. So a used Hyundai buyer is looking at a warranty that ends at 60k miles, while a used Zook would go all the way to 100k (within 7 years). That actually hurts Hyundai resale. You may as well stretch a buy a new Hyundai, then keep it, to enjoy the full warranty. Cheers.
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According to www.healthycars.org, the Rav4, Tucson and Forester rank at the bottom of the list of suv's for toxic chemicals in the interiors, while the Grand Vitara ranks near the top. Something to consider, especially if you have kids.
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