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Message: <blockquote data-quote="silva_dump" data-source="post: 31545161" data-attributes="member: 537651">I think Japanese vehicles will also lose value as more new cars enter the market, and I think a lot of it comes down to people's mindset too. Even today some people would rather buy a Premio with 120,000 km for Rs. 15-16 million than a brand new Japanese option. It's all about what people prefer.The same thing is happening, some people still pay Rs. 14 million for a brand new Raize, even though there are older Japanese options like the Vezel RS, CHR, Outlander, AXIO and others available for a similar price. Back then when there were fewer affordable brand new options people naturally chose 100,000 km used cars instead. But now I'm seeing more people choosing brand new vehicles. That's why I think resale value depends a lot on the market's mindset. Let's just hope what happened in 2019 doesn't happen again, because if it does, every used car will shoot upIf the current tax system is eased, Chinese and Indian vehicles will become even cheaper, including brand new ones. I don't think Sri Lanka's economy will recover fast enough for the government to significantly reduce vehicle import taxes anytime soon.And about the smartphone chart that's the point I was trying to make. Apple and Samsung would dominate just like Toyota, Volkswagen groupBut Chinese brands will hold the largest combined market share.------ Post added on [DATETIME="UT"]1786023622[/DATETIME]<hr />[MEDIA=facebook]1601304858685849[/MEDIA]------ Post added on [DATETIME="UT"]1786023653[/DATETIME]</blockquote>

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