ClubCJ - The CJ Lancer Club

Hello all,

I was helping a friend do some research for a new car. In my research I usually look up resale values of the (1st and 3rd years) to find if I have a good deal and good resale respectively.


I thought you all might be happy to know the following (3yr resale):

Mitsubishi Lancer (ES): 67-76%

Toyota Corolla (Ascent): 67-77%

Mazda 3 (Neo): 69-78%

Volkswagen Golf (90TSI/Trendline): 63-71%

Source: Redbook.


So all in all, our lancers are fairing very well (well, base model wise). I remember last time when I was looking at resale values (CH models, 3 years ago) the resale for a Lancer was around 50-50% after 3 years! What a massive improvement

That is good to know but I will not be selling my car soon.

I kept my last car for 17 years. I bought that brand new as well.

I felt it was time to upgrade to a safer 5 star crash rating car.

I will probably give my car to my oldest daughter when she is 16. She is only 4 1/2 now.

I guess it's all subjective and guessing based on resale value averages. There are a lot of ES out there that are ex-rental and fleet vehicles. We know generally how much they get thrashed.
Our cars might fare a bit better, being that they are well looked after, so the resale value retention rate might be more....

any idea on trade-in values on a 2009 Aspire with 9,000km ?

I just looked up resale for 2007 build MY08 VRX Manuals...

Wishing I didn't now....

I heard stories of someone who traded in a 1yr old used Lancer (less than 1 yr) and then paid another $500 for a brand new MY09.

wow really ! good news for me

/pat @ adrian , it's tough

Adrian where did you look?

Mine is on the far left, my ODO is ~62,000km



From Redbook.com.au

in a year or so ill buy a new car. new cars just seem better then an old one.

SIR-VRX wrote:I just looked up resale for 2007 build MY08 VRX Manuals...

Wishing I didn't now....

LOL, that looks like John Howard....

If i'm to believe redbook - I can buy a new one with minimal loss. got it for 31500 with all my options and only done 8000kms.

* Private Price Guide $27,800 - $30,600
* Trade In Price Guide $24,000 - $26,800
* Average Km 15,000 - 25,000
Price Guide $33,490* Price Guide

yeah... lancers are cheap now.

ES going for 15k
VR's going for 17k
VRX going for 20k... 20K FOR A VRX!!!!!!

There is no reason to buy a new 1 when you can get a second hand 1 with 40k on the clock for so cheap (yes 40k is nothing, cars can do 500+)

Funnily enough, the manuals seem to be going for more.

spunkybob wrote:VRX going for 20k... 20K FOR A VRX!!!!!!

Funnily enough, the manuals seem to be going for more.

The VRX are probably the old 2.0L not the 2.4s/

As for M/T going for more, probably supply and demand. A lot of fleet vehicles are auto and they tend to cycle thru them every 2-3 years (espeacially once the novated leases are up, etc) and dare say a lot of other fleet schemes get these older cars off their books before the value drops too much and buy something new.

Or not


08 manual 2.4L VRX for 21800

Wonder what a may 08 build ES with almost 100,000kms is worth... and no I don't wanna know