But who is actually correct?
Thanks to Carsome, they’ve compiled data for some of Malaysia’s best-selling cars, which includes both the Honda City and Toyota Vios. Earlier, we compared the resale values of the Proton Saga and Perodua Myvi.
Bear in mind that Carsome’s data is most accurate as the values calculated are based on the actual transaction prices of the cars. Prices you see on Mudah and Carlist are not the prices you get when you sell or trade-in your car to a dealer.
According to Carsome’s data, a 3-year Toyota Vios and Honda City both retain their values similarly, coming in at 76% and 75%, respectively.
The trend continues once both cars hit the 5-year old mark – both the Toyota Vios and Honda City are able to retain 68% of their original value, putting them on par with each other.
For a 5-year old used car to retain almost 70% of its original value is proof that both the Toyota Vios and Honda City are the kings when it comes to resale value - no other cars can come close.
Keep in mind that the 5-year Toyota Vios isn’t equipped with seven airbags, but is equipped with the 1.5-litre Dual VVT-i engine and stability control.
As for the 5-year Honda City, upper variants are equipped with 6 airbags, stability control and rear air-conditioning vents – the latter isn’t offered on the Toyota Vios.
So, between the Honda City and Toyota Vios, both cars have similar resale value and it depends on what you look for in a car.
If you need six airbags and rear air-conditioning vents, then a used Honda City is a good choice, otherwise go with a used Toyota Vios if you want a more refined ride.
At the end of the day, it boils down to personal preference - you need to ask yourself, do you prefer a Honda or a Toyota?