BYD ATTO 3

[koster]

I might just drop by the different dealers to enquire.. Will update here if I do that.

Thank you.

 

[sinicker]

Was thinking to change car and the Atto 3 is one of my shortlisted models.

Went to Suntec yesterday to have a look at the 2024 Atto 3.

Pretty satisfied with everything but the trade-in they verbally gave was quite disappointing. It's about $17k less than the listed prices of my current model in the resale market.

Anyone compared between the different BYD dealers on pricings and trade-in before?

looks like all current car drivers kena lowballed. those who buy are only those whose cars are in need of a change - COE expiry soon and gathered money to purchase a car anyways.

can understand because at such a climate, buyers would tend to buy new if they can afford it. won't buy used.

end of Oct 2023 when COE was high, my trade in was 168k. this past weekend, it was at 130k.

 

[TVaddict]

looks like all current car drivers kena lowballed. those who buy are only those whose cars are in need of a change - COE expiry soon and gathered money to purchase a car anyways.

can understand because at such a climate, buyers would tend to buy new if they can afford it. won't buy used.

end of Oct 2023 when COE was high, my trade in was 168k. this past weekend, it was at 130k.

Wth.. That's a huge difference.

Anyway i still got 5 years left on current COE. Not in a hurry to change if they continue to lowball.

 

[ZhuTou!]

Was thinking to change car and the Atto 3 is one of my shortlisted models.

Went to Suntec yesterday to have a look at the 2024 Atto 3.

Pretty satisfied with everything but the trade-in they verbally gave was quite disappointing. It's about $20k less than the listed prices of my current model in the resale market.

Anyone compared between the different BYD dealers on pricings and trade-in before?

Edit: Realised the dealer actually lowballed me by about $20k instead of $17k.

Thats not the right way to check ur car value. If ur car is listed at 15k depre, u expect the dealer to eat ur car at 15k depre? Then how they gonna sell ur car to others?

 

[Kunkka]

Does the new model have a better lcd display?

 

[TVaddict]

Thats not the right way to check ur car value. If ur car is listed at 15k depre, u expect the dealer to eat ur car at 15k depre? Then how they gonna sell ur car to others?

I didn't mean it that way. I was talking about the huge margin they want to make off the trade-in car which means low-balling us to a huge extent.

If they want to make 5 grand or even 8 grand, I can still understand. But 20 grand is too much in my opinion.

 

[batniss]

I didn't mean it that way. I was talking about the huge margin they want to make off the trade-in car which means low-balling us to a huge extent.

If they want to make 5 grand or even 8 grand, I can still understand. But 20 grand is too much in my opinion.

sell it yourself - better that way.

 

[TVaddict]

Does the new model have a better lcd display?

Bigger yes. Better I dunno.. Haha

 

[kebinu]

Wth.. That's a huge difference.

Anyway i still got 5 years left on current COE. Not in a hurry to change if they continue to lowball.

You can list your car at the lowest depreciation in the market now and still receive zero enquiry till COE rebound, then your car price will go up again.

You ask yourself, if you are you, will you buy your used car or a brand new car?

If you are confident, book the car now, and wait for COE rebound and sell your car yourself. aha.

 

[DevilPlate]

Was thinking to change car and the Atto 3 is one of my shortlisted models.

Went to Suntec yesterday to have a look at the 2024 Atto 3.

Pretty satisfied with everything but the trade-in they verbally gave was quite disappointing. It's about $20k less than the listed prices of my current model in the resale market.

Anyone compared between the different BYD dealers on pricings and trade-in before?

Edit: Realised the dealer actually lowballed me by about $20k instead of $17k.

Try motorist or sg carmart quotz for indicative trade in price.
also depends what car u trading in. Dealers lowball based on %

100k market value will roughly quote 15% less equates to 15k
whereas 50k market value….15% only 7.5k

 

[DevilPlate]

looks like all current car drivers kena lowballed. those who buy are only those whose cars are in need of a change - COE expiry soon and gathered money to purchase a car anyways.

can understand because at such a climate, buyers would tend to buy new if they can afford it. won't buy used.

end of Oct 2023 when COE was high, my trade in was 168k. this past weekend, it was at 130k.

Newer cars suffered big drop when COE crash.
Whereas if yr car left 1-2years to go, prolly only 5-10k drop nia.

 

[ceecookie]

looks like all current car drivers kena lowballed. those who buy are only those whose cars are in need of a change - COE expiry soon and gathered money to purchase a car anyways.

can understand because at such a climate, buyers would tend to buy new if they can afford it. won't buy used.

end of Oct 2023 when COE was high, my trade in was 168k. this past weekend, it was at 130k.

Oct 2023 - coe was 150k for cat B
Jan 2024 - coe is 85k for cat B

A drop of 38k trade in value for 65k coe drop will still means cheaper car.

 

[ZhuTou!]

I didn't mean it that way. I was talking about the huge margin they want to make off the trade-in car which means low-balling us to a huge extent.

If they want to make 5 grand or even 8 grand, I can still understand. But 20 grand is too much in my opinion.

Sell off urself is better but not easy for now as coe drop. Since ur car left 5yrs, i can only tell u most dealer will set their profit margin min at 12-15k. This is very normal in the car trade industry no matter which shop u go.

AD quote u 20k lesser likely due to the drop of coe and their trade in rebates. U think they will give free rebates? Its only a gimmicks lol.

 

[jumpmanz]

BYD now also quite aggressive with their pricing.
With lower COE, may see them push for a bigger market share.

 

[gnoes85]

Other countries EV trade in low price or totally nobody will want. Who wants to buy a vehicle with much degraded batteries? Want buy better prepare to drive for long

 

[DevilPlate]

Sell off urself is better but not easy for now as coe drop. Since ur car left 5yrs, i can only tell u most dealer will set their profit margin min at 12-15k. This is very normal in the car trade industry no matter which shop u go.

AD quote u 20k lesser likely due to the drop of coe and their trade in rebates. U think they will give free rebates? Its only a gimmicks lol.

See what car model. Popular bnb cars like Altis, Vezel stands better chance to DIY.
Else, list cheaper by 5-10k also no calls (except a few dealers lowball or ask u consignment)

 

[warmsocks12]

I didn't mean it that way. I was talking about the huge margin they want to make off the trade-in car which means low-balling us to a huge extent.

If they want to make 5 grand or even 8 grand, I can still understand. But 20 grand is too much in my opinion.

They assume the risk and depreciation of your current car - so as some of the others have said here, if you don’t like their number sell it yourself.
I just changed from my Mini S Carbio to a MG 4EV with the recent 65k COE, and timing is everything.
I sold my Mini at 79k on the open market which was higher than what the dealers offered at 54k (before overtrade etc which really is just a bigger loan), so when the COE fell early Jan, I ended up saving on both ends of the fence.
But it’s harder now because dealers are wary of the swings so their pricing is going to be conservative for a while.
just sell your car on the open market and be prepared to go carless for a few months while waiting for the right COE downswing later this year to get your next ride.

 

[DevilPlate]

They assume the risk and depreciation of your current car - so as some of the others have said here, if you don’t like their number sell it yourself.
I just changed from my Mini S Carbio to a MG 4EV with the recent 65k COE, and timing is everything.
I sold my Mini at 79k on the open market which was higher than what the dealers offered at 54k (before overtrade etc which really is just a bigger loan), so when the COE fell early Jan, I ended up saving on both ends of the fence.
But it’s harder now because dealers are wary of the swings so their pricing is going to be conservative for a while.
just sell your car on the open market and be prepared to go carless for a few months while waiting for the right COE downswing later this year to get your next ride.

Nice market timing…
Another good timing would be those who bot just before the big crash with high COE rebate.
Lock in high trade in price and gotten 15-20k COE rebate.

 

[samuelk]

Does the new model have a better lcd display?

Its a larger display and not necessarily a new model. Just my opinion that they added better content including Conti tires and black as an option color. Having the Build Your Dream debadge was probably one of the better introductions to the 2024 inventory.

The display if you were to DIY is about SGD800.

 

[petetherock]

https://peteswrite.blogspot.com/2024/06/byd-atto-3-electric-review.html
An interesting car if you understand the caveats...