Japan vs Korea: Which country’s cars have better resale value at auctions in SA?

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Japan vs Korea: Which country’s cars have the better resale value at auctions in SA? | Wheels24

True PriceDarryl Jacobson, managing director of True Price, explains that the company undertook an extensive analysis of all Japanese and Korean cars on its system .

In the 0 to 50 000 km, Japanese cars achieve 70.3% of their original list price when sold on auction. Korean vehicles, on the other hand, achieve 68.9%. In the 50 000 to 100 000 km category, Japanese vehicles achieve 60.0% while the Korean cars get 59.3%. Jacobson says that more mature buyers are probably giving the Japanese cars the edge when it comes to resale values.

The history lesson aside, what does the slightly better resale value of the Japanese brands mean to motorists? Jacobson says that there are some clear messages to emerge from this study.

 

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