In car NAV depreciation

[G-Spotter]

In-car navigation takes a new turn amid resale woes



By James R. Healey, USA TODAY

Built-in navigation systems increase the depreciation of a car or truck, a startling fact that has some car companies rethinking their approach to the $2,000 factory-installed systems.
"Navigation could be like cellphones built into cars in the '70s and '80s; those big, blocky phones that nobody has now. Everybody has a small, personal cellphone," says John Krafcik, vice president for product development at Hyundai Motor America.

Hyundai will begin offering built-in navigation on top models later this year, but for most models it emphasizes Garmin International's (GRMN) $750 N

 

[RonMAIDEN]

And it's available in phones too.

Portable is defiently the way to go.

 

[Even Steven]

Or you can do what I decided to do:

Buy a Sport Edition and install the Toyota navigation system yourself. When it is time to sell, I plan to pop the stock radio back in and sell the navigation system on ebay.

 

[Pirate VI]

Or you can do what I decided to do:

Buy a Sport Edition and install the Toyota navigation system yourself. When it is time to sell, I plan to pop the stock radio back in and sell the navigation system on ebay.

+1, except I have an SR5, Bought the system used on eBay, and I will sell it used on eBay. May loose a couple hundred $, but its better than a couple thousand $.

That is interesting though that it says people would rather have the portable unit than the built in. I would rather have the built in as I think the portable units (while serving a good function by being portable) look kind of tacky, like an afterthought.

The car manufacturers should make a place to flush mount a certain unit (such as a nuvi) when installed in the car, and have a cover to make the dash not look like it is missing something when the unit is not installed, or people want it hidden.

 

[spud72]

Kind of interesting, but really, in 5 years or so who cares if your car is worth $12000 or $12400? The overall condition and mileage of the car will have a far larger impact on the value than whether you have a NAV system or not.

 

[Even Steven]

The car manufacturers should make a place to flush mount a certain unit (such as a nuvi) when installed in the car, and have a cover to make the dash not look like it is missing something when the unit is not installed, or people want it hidden.

Watch this:

http://www.popularmechanics.com/blogs/technology_news/4209875.html

 

[Even Steven]

My Toyota Navigation system cost $1800 brand new and I already consider it worth the expense from using it on road trips. If I end up selling it for even half of what I paid, it will still be the best $900 I spent on my 4Runner. The portable units are getting better, but they still have small screens and look terrible stuck to the windshield with suction cups!

 

[toto]

I've traded in two Lexus RX's with factory nav, and both times the nav did almost nothing for the resale value. I was glad I had it in those two cars - it's a nice system, especially with the backup camera. Now that I drive less, it's not as big of a deal for me, and a Garmin StreetPilot works great.

With the 08 Highlander, Toyota is making the backup camera available without navigation. That's a good move.

 

[toto]

The car manufacturers should make a place to flush mount a certain unit (such as a nuvi) when installed in the car, and have a cover to make the dash not look like it is missing something when the unit is not installed, or people want it hidden.

I saw something on TV this past weekend where a Jeep had a "dock" for a Garmin unit is molded into the dash. Not sure if it's factory or aftermarket.

 

[Uneek]

I'm going to drive my 4Runner into the ground so depreciation doesn't bother me.

I took into consideration that nav would be worth next to nothing, just like leather, power seats, etc. But having nav integrated and it's always there ready to get me to my destination, IMO is money well spent.

 

[Pirate VI]

Watch this:

http://www.popularmechanics.com/blogs/technology_news/4209875.html

that looks cool, the only problem is when it is out, you have a "hole" in your radio, and no screen to see radio information on. They need an alternate screen to pop in there.

 

[Koz]

Everything I have seen shows that an OEM nav system does depreciate badly but still adds aprox $700 to the price of a vehicle.

Koz

 

[ProMed]

I bought my 06 limited used and having the oem navigation added around $700 to the value on Kelley Blue Book. After having it for the last few months I totally love it. I have all of my hospital accounts across the state plugged into it and with a few clicks I can go from account to account without worrying about directions anymore. If you are in an unfamiliar city it is priceless!

 

[LSUMBA]

I'm going to drive my 4Runner into the ground so depreciation doesn't bother me.

I took into consideration that nav would be worth next to nothing, just like leather, power seats, etc. But having nav integrated and it's always there ready to get me to my destination, IMO is money well spent.

+1 :bigok:

 

[RonMAIDEN]

It's probably not going to eefect things as much on a vehciel that is only a couple years old but once the vehicle hits 5 or more years most Nav systems will be getting dated and won't mean a thing.

 

[SecretAgent]

that looks cool, the only problem is when it is out, you have a "hole" in your radio, and no screen to see radio information on. They need an alternate screen to pop in there.

why would you be in your car listening to the radio, but need the GPS somewhere else? when you're in the car, so is the gps, when you're not, neither is the GPS.

 

[G-Spotter]

My $20 Thomas Guide map book still works like a charm :

 

[Even Steven]

that looks cool, the only problem is when it is out, you have a "hole" in your radio, and no screen to see radio information on. They need an alternate screen to pop in there.

Take another look. There is a small screen to display the radio station information on the left side.

 

[airbur]

Speaking from a pilot's perspective, GPS units all provide basic features of FREE, 24x7, real-time, position location within a radius of around 3 feet depending on your unit. GPS was developed for the military and then transferred to the aviation industry. There are many GPS units that are 10-15 years old, still installed in many aircraft, and they are still providing those same features. Some of the best enhancements that have come over the years are "Multi-Function Display's" or MFDs, that offer more integration and a much larger display.

More automobile-functions will be integrated into the GPS display but that will also require a complete revamp of the associated automobile systems

 

[jsurf]

I have an eclipse full feutured gps with back-up camera on my new (to me) lex lx450 updated 07 version dvd. It works great and it cost nothing for me , It was installed by the po when I bought the lexi(aka land cruiser) three weeks ago!