General Fit Talk General Discussion on the Honda Fit/Jazz.

UK Honda Jazz lowest depreciating

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Old Jan 27, 2010 | 09:07 PM
  #1  
Fitcious's Avatar
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UK Honda Jazz lowest depreciating

im surprised no one has posted this yet:

Highest and lowest depreciating cars of 2009 in the UK — Autoblog


honda jazz lowest depreciating.
 
Old Mar 24, 2010 | 04:00 PM
  #2  
ghudson's Avatar
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From: UK
Fantastic Residual Value

I agree that the Jazz has an unbelievable residual value in the UK.
I owned a 1.4SE in 2004 and paid £10,400
I traded it in against a new Toyota Yaris and got £9,800 part exchange!

I really missed the Jazz and have just bought a new 1.4 ES i-shift [semi-auto] which is even better than the 2004 model.

I was offered a year old model [old shape] and it was only £1,000 less than a new one [new model] - so the residals are still excellent in the UK
 
Old Mar 28, 2010 | 02:52 PM
  #3  
Mattaru's Avatar
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From: England
How come though?
I thought the value would drop after the new Jazz was released.

I bought my '06 Sport in 2007. It had 3000 miles on the clock, and I got it for just under £11k.
Now, 3 years later, I've only put it upto 18,000 miles. I think it's valued at £7-8k AT MOST right now, but for 3 years that's a fantasatic hold.
 
Old Mar 29, 2010 | 05:13 AM
  #4  
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I think the "old model" with 8k on the clock I was offered had a very high price was due to the fact many people prefer the CVT gearbox & are willing to pay for it. .... There must be a good demand as they have sold it!
 
Old Apr 1, 2010 | 01:37 PM
  #5  
fitsburgh_steelers's Avatar
Joined: Mar 2010
Posts: 41
From: New England
Stateside, they seem to hold their value well. I was looking for used fits, and people were asking just a few k less than new. The lowest priced used MT fit I could find in eastern corridor was almost 13k, for a 2007 with 17k miles and balance of factory warranty. At that price, it just makes sense to spend 2k more and get a new one. I just wish I got a little better deal than 16,300 for the sport MT, but these are in HIGH demand everywhere, and dealers usually aren't going to negotiate too much on high demand vehicles.

I think the value is less on 'your' side of the pond due to it being around longer, and your incredible market of small, highly efficient 4 door cars. We just don't have that sort of market here, although its the fastest growing segment. Fit/Jazz still a novelty here, as indicated by our ridiculous insurance premiums.
 
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