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ilovemusic
and yes, new tyres on the front, especially with front wheel drive cars where the tyres must not only steer but also transmit power to the road.
authorities recommend rear fitment as a lowest common denominator response, understeer is easier for joe blow to respond to than oversteer.
timmmay: My Corolla car needs a couple of new tyres - I put four new Firestone Firehawk TZ100 on a few years back, at the recommendation of Consumer magazone. The front have worn out, back still looking good. They're 195 60 15 size.
I can't find my last receipt for tyres, it's before I started scanning receipts. I got some kind of a discount but can't remember what. Looking around online it seems the prices are secret - that suggests to me there are massive margins in the tyre business and they're trying to screw as much money out of you as possible. I don't like having to call up or email to get a price, in all my businesses prices are online.
What should I be paying for a set of 195 60 15 TZ100 tyres? List price is around $170 I think, but I've found a grabone deal for $89 each. The TZ700 is their replacement, but the TZ100 will be fine if they're cheaper.
The firestone's have been fine but interested to hear if anyone has any opinions on brands or models.
NOTE - PLEASE READ THIS BEFORE POSTING: I don't need "tyres are important" advice, I know that. I'm not looking for cheap tyres. I'm interested in what good quality tyres should cost given there's so much difference between advertised prices and what the tyres are occasionally sold for.
KiwiNZ:timmmay: Ah so you've replaced 8 sets of tyres, the expensive way.
Our TCO is not higher
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Regs:KiwiNZ:timmmay: Ah so you've replaced 8 sets of tyres, the expensive way.
Our TCO is not higher
do you have some numbers showing why TCO is not higher? are you writing off against tax etc? would be good to see, especially if it makes new easier to justify :)
alasta: Here are some numbers that I quickly crunched. I'm sure some people will disagree with my assumptions but under any reasonable assumptions you would have to conclude that there's not much in it.
My cost of capital is based on approximate after tax returns on a term deposit - I am assuming that the vehicle buyer does not take on any debt.
shk292:alasta: Here are some numbers that I quickly crunched. I'm sure some people will disagree with my assumptions but under any reasonable assumptions you would have to conclude that there's not much in it.
My cost of capital is based on approximate after tax returns on a term deposit - I am assuming that the vehicle buyer does not take on any debt.
Interesting figures but I think you have your depreciation figures wrong, to the point of being the wrong way around. You've assumed 68% depreciation over five years for used, but only 55% for new. If you swap these around, or use say 60% for both, it puts a different slant on the numbers. Just my opinion though and I have nothing to back it up except a vague recollection that a car loses more value as a % in the first three years than in any other similar period
KiwiNZ:
I have never experienced actual depreciation on a new car any where near 60% or 40% it been considerably lower.
shk292:KiwiNZ:
I have never experienced actual depreciation on a new car any where near 60% or 40% it been considerably lower.
Over 5 years? I'd say 40% is very conservative - it's less than 8% per year compound depreciation and you're going to lose 15-20% in the first year regardless.
KiwiNZ:shk292:KiwiNZ:
I have never experienced actual depreciation on a new car any where near 60% or 40% it been considerably lower.
Over 5 years? I'd say 40% is very conservative - it's less than 8% per year compound depreciation and you're going to lose 15-20% in the first year regardless.
That has not been my experience
shk292:KiwiNZ:shk292:KiwiNZ:
I have never experienced actual depreciation on a new car any where near 60% or 40% it been considerably lower.
Over 5 years? I'd say 40% is very conservative - it's less than 8% per year compound depreciation and you're going to lose 15-20% in the first year regardless.
That has not been my experience
Well, I think that makes you an anomaly. Consumer NZ reckon 50% (https://www.consumer.org.nz/topics/car-buying-guide), Dog & Lemon 70% (http://www.dogandlemon.com/articles/depreciation-new-zealand) AA NZ 50-60%. I certainly wouldn't pay more than 50% of new price for a 5-year old car but I guess there are suckers born every day
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