Sunday, Apr 07, 2019 at 12:43
Axle - The LDV utes comes with the Fiat-built 2.8L VM Motori engine, which is the engine also used in the Jeep and the Colorado.
VM Motori is an Italian company formerly owned 50% by GM and 50% by Fiat.
In 2013, Fiat bought out GM's 50% share, and VM Motori is now 100% owned by Fiat.
The VM Motori engines are reliable enough, but often a little undersized. The LDV engine is 110Kw, which is barely enough power for a ute that size - particularly when LDV rate their utes at over 6 tonne GCM.
The auto transmission in the LDV is built by Punch Powerglide, a European transmission manufacturer formerly owned by the Dutch DAF company.
DAF went bankrupt in 1993 after forming a Joint Venture with Leyland Trucks (a Rover Motors subsidiary) in 1987. The JV company produced vans in Britain, known as LDV vans (Leyland-DAF-Vans).
LDV went bankrupt in 2008, after being purchased by the Russian GAZ company in 2006. The intellectual rights of the LDV company were sold by the liquidators of LDV to a Chinese company, Eco Concept, in 2009 - which company then sold the rights to SAIC (Shanghai Automotive Industrial Corporation), who builds the Chinese LDV utes, and who operates under the brand name Maxus.
SAIC has Joint Ventures in place with VW, GM and Iveco - so it is sourcing its technology from the worlds biggest auto manufacturers.
The Chinese utes fall down in four areas;
1. The build quality does not have the intense attention to detail that is a hallmark of the Thai/Jap built vehicles. The Chinese are gung-ho when it comes to attention to detail. A regular feature of Chinese vehicles is trim falling off and switches coming apart. They have a way to go, to match Japanese build quality.
2. The Chinese fail to appreciate the importance of building a "Brand Name" and sticking with it, and building the reputation of that "Brand Name". Classic examples of "Brand Name" value are Caterpillar and Ford. Both have spent decades defining and refining their respective brand names.
The Chinese will sell you a vehicle this week called East Wind and next week it will be a Lon Jing - and from a different factory. Their lack of understanding and appreciation in this area is abysmal.
3. Technical and parts backup for Chinese equipment is pretty appalling. Language translators in China are in short supply - and technical language translators, even more so.
I know about this area, because I have an English-Italian friend who made a very good living from translating English technical manuals into European languages - in itself, a minefield of varying descriptive terms.
Conversion of technical language back and
forth between English and European languages and Chinese - and then supplying Chinese-origin technical information in English, produces "interesting results" - as we regularly see with Chinese-sourced assembly and use instructions for their products.
4. The Chinese vehicles are cheap, aimed at the "low-end" of the market, and have resale values in accordance with their cheapness.
You are struggling to sell used Chinese utes, even low-km ones.
I have seen them sell at auction for as low as $4000, for low-km vehicles, and the auction houses struggled to get bids on them.
In time, the Chinese will probably lift their game as regards ute build quality, performance, technical and parts support, and resale value.
But it won't happen in the near future, it will take many years to achieve that.
Cheers, Ron.
AnswerID:
624835
Follow Up By: axle - Sunday, Apr 07, 2019 at 13:31
Sunday, Apr 07, 2019 at 13:31
Hi Ron, I can't dispute what you have posted, but from what I experienced out there driving this thing around, is the fact that the Chinese built utes are not to bad
for the dollars invested....Although depending on the individual circumstance,it would probably be better to run the thing into the ground,and hope not to much goes wrong...lol.
As far as resale values go the Chinese vehicles are at the bottom of the tree for sure,..but having just got trade in prices for the wifes Toyota, and a late model Triton ute, i'm bloody thinking resale values on most vehicles are very low these days.
Cheers.
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898366
Follow Up By: AlbyNSW - Tuesday, Apr 09, 2019 at 20:00
Tuesday, Apr 09, 2019 at 20:00
I guess there are a number of ways you can look at resale value. I know a guy who bought a Great Wall for 20k and sold it for only 10k 12 months later but his outlay was only 20 k and his loss 10k
Whereas the Toyota etc buyer has outlaid more than double that and yes he will get a better resale value as a percentage but will still lose more than 10k when selling it
If you can live with the Chinese jobbie and it does what you need it to do it can be a very cost effective option
FollowupID:
898411
Follow Up By: Cyberess - Sunday, Apr 14, 2019 at 18:44
Sunday, Apr 14, 2019 at 18:44
Ron N replied:
> 4. The Chinese vehicles are cheap, aimed at the "low-end" of the market,
> and have resale values in accordance with their cheapness.
> You are struggling to sell used Chinese utes, even low-km ones.
> I have seen them sell at auction for as low as $4000, for low-km vehicles,
> and the auction houses struggled to get bids on them.
Which Auction house are you able to get a 5 star Ancap rated T60 LDV dual cab for for $4000? I would love to purchase them for my kids, and what are you calling low Ks -- It's O.K. if the Auction House is down south as shipping to
Darwin should be just $2500, anyway come back where you have seen T60 LDV going for $4000, I am very interested.
FollowupID:
898524
Follow Up By: Ron N - Sunday, Apr 14, 2019 at 19:20
Sunday, Apr 14, 2019 at 19:20
No LDV's have come up for auction yet, they are too new to the market. I didn't specifically state "T60 LDV" vehicles at auctions, I said, "Chinese utes".
Here's a 2012 one offered at $4000 for the last 4 days, with no bids.
Great Wall V200 dual cab at auction
Here's a 2012, turbo diesel manual X200 GW wagon - no bids at $3500, despite being on offer for 4 days, so far.
GW X200 for auction
Here's the current crop of Chinese utes and wagons on offer at Grays - the black GW X200 diesel started at $9 and it's made it to $209 with 4 bids, after 4 days! LOL
The blue X200 diesel with 89,000 kms started at $109 and it's made $309 after 4 days, with only 3 bidders!
Chinese utes and wagons for auction
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898525
Follow Up By: Cyberess - Sunday, Apr 14, 2019 at 23:01
Sunday, Apr 14, 2019 at 23:01
Hmm you certainly can't get a 4x4 LDV T60 5 star Ancap rated ute for $4000, and for what I have seen the LDV T60 build quality is very different to the Greatwall V200 utes, and that would include panel fit etc.
Looking at your "LOLs" may I do a LOL at the "2007 Toyota Hilux SR 4x4 T/D Manual Dual Cab" that has a odometer reading of 121457 and does not have a bid on it as yet as
well -- It appears to have been up for 4 days as
well -- it does appear to be a nice ute, I am not sure what your LOLs are all about. ;)
That blue X200 diesel with 89,000kms that has made it to $309 in it's description it has engine noise (That could be anything) and it still has near 3 days left on it's bidding -- The usual bidding really only really starts in the last 4 hrs. -- still a diesel with engine noise could near to a right off.
There appears to be a heaps of D40 Nissans at near prices of the chinese utes as
well, probably will sell for a lot more near the end of the Auction.
Dam it does not look like I am about to pick up a couple of LDV utes at $4000 each.
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898527