In-dash nav systems do damage to resale value
From Auto Blog:
How's this - you pay a nearly ten percent premium to get a factory navigation system in your new whatever, and when it's replacement time, that very same nav system will cost you again, whacking 1% off the car's resale price. It makes perfect sense if you try to use some of the integrated nav setups in one- or two-year old used cars out there. Not only did they cost a fortune, they're not always terribly user friendly, and honestly, how often do most drivers need a nav system? Some at Autoblog love them in our review vehicles, but going the same route every day makes it virtually impossible to get lost. For people who travel a lot to areas they've never scouted, there's value in nav, but when you can get an aftermarket unit for far less, integrated nav starts to take on a pallid appearance.
See the whole article:
http://www.autoblog.com/2007/05/09/i...-resale-value/
How's this - you pay a nearly ten percent premium to get a factory navigation system in your new whatever, and when it's replacement time, that very same nav system will cost you again, whacking 1% off the car's resale price. It makes perfect sense if you try to use some of the integrated nav setups in one- or two-year old used cars out there. Not only did they cost a fortune, they're not always terribly user friendly, and honestly, how often do most drivers need a nav system? Some at Autoblog love them in our review vehicles, but going the same route every day makes it virtually impossible to get lost. For people who travel a lot to areas they've never scouted, there's value in nav, but when you can get an aftermarket unit for far less, integrated nav starts to take on a pallid appearance.
See the whole article:
http://www.autoblog.com/2007/05/09/i...-resale-value/
I don't buy it. If two of the same used cars were for sale, one with a nav system and one with out, chances are the one with nav system, no matter how old it is, will be chosen more than not.
Doesn't really pertain to us anyways, as our nav systems are all aftermarket and we just stick the stock radio back in when we sell anyways. At least, most of us do.
Doesn't really pertain to us anyways, as our nav systems are all aftermarket and we just stick the stock radio back in when we sell anyways. At least, most of us do.
Quoted from comments below original article....and it makes more sense now...
"The title and conclusions of this article are totally wrong.
If you actually go to the USA Today article, it says that GPS-equipped vehicles retain a lower percentage of their initial cost. It does NOT say that GPS-equipped vehicles are worth less!
In other words, the GPS system depreciates more than the car itself. But a used car with GPS is NOT worth less than one without!
In the Acura example in the article, the GPS unit that added $2000 to the initial cost of the car is worth an extra $600 when selling the car in three years."
"The title and conclusions of this article are totally wrong.
If you actually go to the USA Today article, it says that GPS-equipped vehicles retain a lower percentage of their initial cost. It does NOT say that GPS-equipped vehicles are worth less!
In other words, the GPS system depreciates more than the car itself. But a used car with GPS is NOT worth less than one without!
In the Acura example in the article, the GPS unit that added $2000 to the initial cost of the car is worth an extra $600 when selling the car in three years."
Well that makes no sense. If I pay $2000 more for my GPS equipped XB in 08 and the unit depreciates faster than the car itself , how do I not stand to loose a good portion of my $2000?
Which is a BIGGER loss than someone who bought aftermarket or just took a stock radio and sold the same car.
Which is a BIGGER loss than someone who bought aftermarket or just took a stock radio and sold the same car.
here's another example of DON'T buy from the stealership...
save money and buy aftermarket. It's cheaper, better performance, and better in every category...
I mean TRD shorftshifter is like $300 and neons are like $250. I can get LED strips and an aftermarket shortshifter for $100 with better performance and obviously much cheaper price...
JOE
save money and buy aftermarket. It's cheaper, better performance, and better in every category...
I mean TRD shorftshifter is like $300 and neons are like $250. I can get LED strips and an aftermarket shortshifter for $100 with better performance and obviously much cheaper price...
JOE
Thread
Thread Starter
Forum
Replies
Last Post
O5_TRD_tC
PPC: Interior / Electronics
5
Feb 18, 2015 09:01 PM






