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Thread: Car Industry in Crisis

  1. #41
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    People just finance them for 3-5 years and turn them over for another one, like renting rather than buying.
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  2. #42
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    Quote Originally Posted by shanegtr View Post
    I agree with you on the pricing. I honestly cant understand how people afford $50k+ cars. I guess the slowing demand will eventually create a pricing rethink, but the 2yr slowing sales in Australia kinda proves that people are choosing to spend their money elsewhere.
    I'd love to see what could have happened to the Y62 sales if they had a (decent) diesel on the table
    Yes it would have been interesting, but the thing is, it doesn't need a diesel, the petrol is pretty efficient, and a lot of the unhappy toyota guys have just began to realise that.
    Damien
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  3. #43
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    Because it is rhd only I never got one but I seriously considered importing a honda crossroad D1 Being a honda fan and all...

    On that subject, I was not aware that toyota are ahead of the hydrogen game? Honda has had hydrogen cars on the road in california since 2007 or so... Also, forgive my fanboy-ness: honda is also independent afaik. Also the largest engine manufacturer in the world. Not sure if they will survive though since the last economic crisis has left them with 0 budget to invent / renew it seems so, yeah..

    I agree that the current generation (that's millenials or Z, all those names...) see a car as a hindrance. They are expensive and do not fit well in cities, where most folk are moving to. There is a reason that a bmw and a lot of others are looking towards going "uber". Self driving cars, self made since to few people will own a car in the future. For us enthusiasts only a few will remain.

    Also, some here wrote that engines were getting better, I tend to disagree. The pinacle for engines was the late nineties. Those current super eco turbo charged miniature engines don't last nearly half as long in my experience.

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  4. #44
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    Quote Originally Posted by Vern View Post
    Yes it would have been interesting, but the thing is, it doesn't need a diesel, the petrol is pretty efficient, and a lot of the unhappy toyota guys have just began to realise that.
    In 2011 when we bought SWMBOs Wrangler we did the sums and worked out that it would take us 600,000KM before we broke even on the diesel with the additional purchase cost and the difference in fuel economy.

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  5. #45
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    Quote Originally Posted by shanegtr View Post
    I agree with you on the pricing. I honestly cant understand how people afford $50k+ cars. I guess the slowing demand will eventually create a pricing rethink, but the 2yr slowing sales in Australia kinda proves that people are choosing to spend their money elsewhere.
    I'd love to see what could have happened to the Y62 sales if they had a (decent) diesel on the table
    The fact the y62 is petrol only wouldn’t put me off buying one if I was in the market - They go great (understatement of the year) and if you’re worried about fuel economy you wouldn’t be looking at something this big in the first place IMO.

    Take a small diesel like what’s in my Hilux - runs around 9.5 lp100km overall on its own, but put a trailer on and boy, it gets thirsty. With 2 tonne on the back, that figure doubles - Yep, straight up doubles. The y62 petrol would hardly notice 2 tonne behind it and I should think fuel consumption would only go up a bit from its day to day.


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  6. #46
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    I have a friend who has just purchased a Y62. He did his research and said value for money he couldn’t go past it. He looked at every vehicle that could tow (he has a van) and that was his end decision... I asked him about a D5 and he said “way to expensive compared to a Y62”...
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  7. #47
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    Quote Originally Posted by Tote View Post
    In 2011 when we bought SWMBOs Wrangler we did the sums and worked out that it would take us 600,000KM before we broke even on the diesel with the additional purchase cost and the difference in fuel economy.

    Regards,
    Tote
    Obviously it depends on the manufacturer.
    I haven't bothered to work it out but with the diesel Territory dropping from 14 litres per hundred to about 8 and running it for 5 years on business then privately for 5 years (over 250,000km) the diesel was a no-brainer.
    Slightly higher service costs and the cambelt & HP fuel pump belt are extra costs but you don't have to replace coil packs every 120,000km and spark plugs every 100,000km.


    The other people I feel for are the component suppliers, although they know what they are up for dealing with a car manufacturer.

    Suppliers typically have an 'open book' deal with them. The car company goes through the costings with them when they tender for supply.
    Two reasons, firstly they cannot afford for a component supplier to go out of business.
    Secondly they want to control the price for the next few years.
    Often they will agree to the price but then demand a percentage drop in year 2 and another drop in year 3 etc.. The argument is that you've paid off part of the investment in the automation so the cost has to go down, it's also how the price drops as a vehicle gets older.

    As mentioned by others, most youngsters would rather have an App that organised transport for them, better still an autonomous vehicle.


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  8. #48
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    Quote Originally Posted by Tote View Post
    In 2011 when we bought SWMBOs Wrangler we did the sums and worked out that it would take us 600,000KM before we broke even on the diesel with the additional purchase cost and the difference in fuel economy.

    Regards,
    Tote
    Thats similar figures between the equivalent y62 and 200 series. Thats why we went for the patrol.
    Would be guessing it would be similar with a d5 as well
    Damien
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  9. #49
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    Quote Originally Posted by Vern View Post
    Thats similar figures between the equivalent y62 and 200 series. Thats why we went for the patrol.
    Would be guessing it would be similar with a d5 as well
    Not with the D5,the petrol models are way more expensive than the diesel.
    The vehicles initial price is also way over the top,and if you factor in resale,it gets a whole lot worse.

    It must be also noted that the 200 is at the end of its model life,where the patrol has had a major upgrade,and another smaller upgrade last year.That is a huge difference,comparing the Y62 to the 200 replacement would be a better apples with apples comparison,whenever it arrives.
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  10. #50
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    Quote Originally Posted by scarry View Post
    Not with the D5,the petrol models are way more expensive than the diesel.
    The vehicles initial price is also way over the top,and if you factor in resale,it gets a whole lot worse.

    It must be also noted that the 200 is at the end of its model life,where the patrol has had a major upgrade,and another smaller upgrade last year.That is a huge difference,comparing the Y62 to the 200 replacement would be a better apples with apples comparison,whenever it arrives.
    I was comparing what was on the market at time if purchase. How do i compare a current y62 with a 300 series?
    The patrol hasn't had any major upgrades, facelifts yes, vvel from series3, facelift in series 5 and suspension tuning, thats about as major as it gets. 200 has had similar as well.
    The 200 came out in late 2007, the patrol early 2010, so as far as i am concerned i am comparing apples with apples, the 2 big hitters that are on our market.
    My comparison with the patrol and d5 was monetary, to get a d5 (3.0) with as close to power as the y62 is going to be well into the $100k mark, not talking about the small displacement models.
    That extra cost buys a LOT of fuel.
    Damien
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