KBB depreciation value of the Kizashi...

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Trailboss
Posts: 135
Joined: Sun Oct 16, 2011 1:07 am

5-year resale value of the
2011 Suzuki Kizashi:
Year Retained MSRP Resale Value
New 100% $26,714
1 49% $13,090
2 41% $10,953
3 33% $8,816
4 26% $6,946
5 20% $5,343

2011 Suzuki Kizashi Sport SLS
Wow... :shock:
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AlexRuiz
Posts: 195
Joined: Mon Nov 22, 2010 4:49 pm
Location: Detroit metro, MI

Trailboss wrote:
5-year resale value of the
2011 Suzuki Kizashi:
Year Retained MSRP Resale Value
New 100% $26,714
1 49% $13,090
2 41% $10,953
3 33% $8,816
4 26% $6,946
5 20% $5,343

2011 Suzuki Kizashi Sport SLS
Wow... :shock:
Welcome to the forums. To be honest, I would just print that and use it to wipe my behind.

Remember, KBB / Edmunds are just guidelines based on estimate assessments. In the end, the market forces dictate the prices, and if you don't mind scrolling trough craiglist, ebay motors, and specially, autotrader; if you find me a used SLS for $13k, I'll buy it on the spot and give you $1K as finder's fee ;)

I was, in fact, surprised at seeing how high the used Kizashis are listed. Barely a discount from a great price when new.


Alex
2010 Suzuki Kizashi S MT
Trailboss
Posts: 135
Joined: Sun Oct 16, 2011 1:07 am

AlexRuiz wrote:To be honest, I would just print that and use it to wipe my behind.


Alex


:mrgreen:

I have to agree...I just found it a pretty odd estimate of worth based on depreciation and wholly unrealistic..it surprised me coming from KBB. What really seems goofy is that they cook up this estimate, when on their own site, you cannot even look up 2011 used car prices on the Kishazi, but they post depreciation values?
chazyouwin
Posts: 402
Joined: Thu Dec 09, 2010 9:57 pm
Location: Northern New Jersey USA

I would not have been surprised if these estimates were for some other forgettable Suzukis of the days of yore, but they are in no way consistent with the Kizashi resale prices I have seen. Our 2002 XL-7 4WD might have had a similar depreciation schedule, but I'll take the real thing (still looking shiny new at 101,000 miles purchased new for $23,000 and not a dollar spent outside of warranty repairs and regular maintenance). Indeed, ironically, our second 2002 XL-7 FWD purchased in 2006 for $7,500 may even have had some positive appreciation. Also shiny new looking (including the exhaust). Pretty stunning. So damn the KBB and full-speed ahead!
2010 Kizashi SLS FWD Gray; 2013 Grand Vitara 4wd red; 2012 SX4 blue; 2021 Mitsubishi Outlander PHEV black

Previous: 2002 XL-7 Limited (2); 1992 Accord; '91 Volvo; '85 Toyota; '84 Celica; '73 Mercedes.
chazyouwin
Posts: 402
Joined: Thu Dec 09, 2010 9:57 pm
Location: Northern New Jersey USA

Remember also that the 7-year 100,000 mile power train (policy started in mid 2002) and 3-year bumper to bumper warranties help to intercept problems and create a substantial incentive for better owner care. The idea that a Kizashi within the warranty period is going to sell for anything less than $7,000 is just ludicrous. To the extent that KBB is going off of historical data it cannot be trusted.
2010 Kizashi SLS FWD Gray; 2013 Grand Vitara 4wd red; 2012 SX4 blue; 2021 Mitsubishi Outlander PHEV black

Previous: 2002 XL-7 Limited (2); 1992 Accord; '91 Volvo; '85 Toyota; '84 Celica; '73 Mercedes.
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Moto
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That is total BS. I have been shopping for a used kizashi, and they are going for the same price as new ones.

I haven't found an AWD one for less than 19K
WESHOOT2
Posts: 1976
Joined: Tue Jan 11, 2011 5:37 pm
Location: Vermont

I have found KKB utterly worthless for any reflection of actual vehicle values; worse than toilet paper, as it gives consumers bad information.
Like Kizashi values.......

The more accurate guesstimate site is Edmunds.com
Blackbelt
Posts: 167
Joined: Wed Nov 24, 2010 3:18 pm

WESHOOT2 wrote:I have found KKB utterly worthless for any reflection of actual vehicle values; worse than toilet paper, as it gives consumers bad information.
Like Kizashi values.......

The more accurate guesstimate site is Edmunds.com
Agree 100%
2010 Kizashi S AWD
2009 Suzuki SX-4 Touring AWD
2008 Smart fortwo Passion Coupe
2007 Dodge Caliber R/T AWD
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Ronzuki
Posts: 2382
Joined: Wed Nov 17, 2010 5:33 pm
Location: Lancaster County, PA

WESHOOT2 wrote:I have found KKB utterly worthless for any reflection of actual vehicle values; worse than toilet paper, as it gives consumers bad information.
Like Kizashi values.......

The more accurate guesstimate site is Edmunds.com
Agreed. I have been using Edmunds data for all of my car purchases and sales for several years now. Good realistic data.
Ron

2010 Kizashi GTS, CVT, iAWD (3/10 build date)
2011 SX4 Premium Hatch, CVT, iAWD (12/10 build date)
2018 Mazda CX-5 iAWD Touring
2014 Wrangler JKUW (GONE, traded :D :D )
1991 Samurai, 5-Speed, EFI, Soft-Top ( :| sold)
sloopercat
Posts: 114
Joined: Sat Apr 24, 2010 12:15 am

Who paid $27K? The highest marked up model is probably worst case scenario for depreciation. Unless things change, mine is going to try the 7/100 mark before I sell it. Not even 10K the first year. I travel and have two other cars.

Fantastic car, horrible model name, brand baggage and a dearth of dealers. I would sell mine quick if the local dealer goes away.
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