• Classifieds Rules

    For Sellers - Item Listing Requirements:
    1. List your price. *
    2. Show/attach images/photos of item. *
    3. Provide clear contact instructions (List phone number, email or PM).
    *

    *Required.

    4. Private Sales Only.
    5. Relevant items only.
    6. No Indirect Advertising / Promoting Of Other Services and Companies
    7. Only members with 20 posts and more can start new threads
    8. No Thread Hijacking. Start your own Topic.
    9. Post only 1 Topic per sale. No cross-posting in other forums. No bumping of Topics more than once a day.
    10. Close your Topic after sale has been completed. (Click 'Administrative' on top of your thread for closing options)

    We will remove threads if they do not list the above requirements.

    For Buyers:
    1. Caveat Emptor - Before buying from user, do your homework. Check out the person's posting history, number of posts etc.
    2. This is a service we provide free and for the members convenience - we're not responsible for any deals gone bad.

    For everyone else:
    1. No OT. They will be deleted. If you continue despite us warning you, we will ban you from the classifieds completely.
    2. Report all suspicious sellers. If you've seen or come across them from other boards/forums - do report them immediately - it will help everyone here a great deal.

    Report all bad experiences (for both sellers/buyers) on the Buyer/Sellers forum.

Anyone know anything abt this 520IA?

Re: Anyone know anything abt this 520IA?

I am always a bit wary when simple information such as mileage is missing.

Depreciation is $12,370 per year, which is about right.

If it has been maintained by PML, ask to see the service history.
 
Re: Anyone know anything abt this 520IA?

Couple of other points

1) 520 is known to be underpowered
2) 520 has been rebadged as a 523, so selling a 520 in the future will be slightly more difficult
3) Silver colour is saleable, but the beige interior may put some people off
 
Re: Anyone know anything abt this 520IA?

thanks for the advice. anyway its 60000km. a bit too much. btw how much will a 2nd hand 523 be?? like one / two years old.
 
Re: Anyone know anything abt this 520IA?

You'd be hardpressed to find a 2 year old 523 as the 523s only came out in Sept 05.......
 
Re: Anyone know anything abt this 520IA?

thanks Singapore Brummie. is the 523 at a reasonable price...what depreciation should i be expecting..thanks
 
Re: Anyone know anything abt this 520IA?

523 registered at end of Dec 2005 with OMV of $50,600 and 9.1 years left on COE.

Paper value at end of 10 years life is 55% (for cars registered after March 2004) x OMV plus scrap value of body.

So, 55% X $50,600 is $27,800 plus say $2,000 for body, total value after 10 years is $29,800.

Purchase price is $148,800 less say $3,000 bargaining, is $145,800.

Cost to own is $145,800 less $29,800 = $116,000 over remaining life of 9.1 years, or depreciation of 12,750 per year.

Note - depreciation per year is much higher when the car is newer and the calculation above is good only if you keep the car to the end of 10 years. Of course, you will have running costs on top of this and don't forget there is a transfer fee when you buy second hand.
 

Latest posts

Members online

No members online now.

Forum statistics

Threads
82,762
Messages
1,019,395
Members
78,670
Latest member
oxbett2com

Latest posts

Back
Top