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Weirdly I'm looking for the opposite. A barge with a tow bar. All the usual suspects (SAAB, Volvo, Merc, Mondeo even) get hit with higher tax as they aren't exactly eco friendly and yet people still want over 2K for a car that's been to Alpha Centauri and back... twice, will cost £300 a year to tax and has 36 seconds MOT left; all while hitting me up for 25mpg! In weird desperation I'm looking at an Alfa 159 with a very Alfa unfriendly 176K (JTD) on the clock as it actually seems somewhat reasonable (£995) although I'm fairly certain it's unlikely to make it down my driveway reliably. I was actually looking for something along those lines as well. In the end, I bought an older German 6cyl and gave up on the small car because working from home means I'm only using the 6cyl once or twice a week. It isn't perfect by any means (what 20 year old German car is?) but it's one of those cars I really don't want to pile the miles onto, as it's completely original, about 80k under average mileage, lovely spec and I very much doubt in the current market that I'd get another at that price now. So, should I need to return to my commute at the same level as before, I'll be back looking for a small and economical daily to take the hit. Yay. I love cars but I have never liked buying the things!
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Shortcut
Posted a lot
I won't be there when you cross the road, so always use the Green Cross Code.
Posts: 3,037
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So after two weeks of looking at an endless line of big old bruiser estates I have decided to splurge all my money (mostly the insurance payout on my destroyed 104) on a 205GTi. Probably my last chance to get one before even rotboxes are out of my price range.
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Last Edit: Aug 5, 2020 7:35:58 GMT by Shortcut
This space available to rent. Reach literally dozens of people. Cheap rates!
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I'm at loss for what some people expect to pay for a used vehicle - basically for sub £2k some of you are a expecting a well presented, lowish mileage, well maintained, no faults motor and even then whinge that's its not on your doorstep and you have to travel to view / purchase it - then still whine about the cost of motoring - MPG / Road Tax etc - you need to realise that motoring vehicle ownership costs money and you have to put the spadework in to source what you want - same applies in other markets - if you are looking for a decent house that suits your needs & style you are probably going to have to look at several + in order to find something - the very same thing applies to motors - separate the dross from the good - but don't expect a near perfect / faultless used car that the new equivalent is £35k + for peanuts
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Last Edit: Aug 5, 2020 8:31:42 GMT by Deleted
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I'm at loss for what some people expect to pay for a used vehicle - basically for sub £2k some of you are a expecting a well presented, lowish mileage, well maintained, no faults motor and even then whinge that's its not on your doorstep and you have to travel to view / purchase it - then still whine about the cost of motoring - MPG / Road Tax etc - you need to realise that motoring vehicle ownership costs money and you have to put the spadework in to source what you want - same applies in other markets - if you are looking for a decent house that suits your needs & style you are probably going to have to look at several + in order to find something - the very same thing applies to motors - separate the dross from the good - but don't expect a near perfect / faultless used car that the new equivalent is £35k + for peanuts I agree, I think we all know that! I'll pay what's reasonable. £2k for a 15 year old, high mileage, fairly well worn, povvo spec Fiesta isn't reasonable. If you think it is, fair enough but I doubt many would agree. My point about inflation stands, prices of standard issue, cheap used cars are detached from reality now. Two years ago I was looking at the same sort of stuff, in the same area, for substantially less than £1k. Maybe it's different up north but I doubt it, I was looking longingly at ads from the north as prices were more reasonable. However, I'm not traveling 300+ miles for a £1k car, like most people I don't have the time for jolly jaunts around the country. I was looking for a cheap car with: Average mileage A vague indication of servicing at some point No significant body damage That's it, I wasn't even fussed about spec. For around £1k, that is a perfectly reasonable expectation. I found something in the end, after sifting through dozens of over priced grot boxes that would have struggled to get me to the end of the road, much less round town reliably and half of which had MOT advisory checklists as long as your arm. I didn't see anyone here being unreasonable, or expecting a £35k car for Spanish holiday money. Anyway, that's my tuppence, I don't want to get into a forum ruck over used car prices.
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I'm at loss for what some people expect to pay for a used vehicle - basically for sub £2k some of you are a expecting a well presented, lowish mileage, well maintained, no faults motor and even then whinge that's its not on your doorstep and you have to travel to view / purchase it - then still whine about the cost of motoring - MPG / Road Tax etc - you need to realise that motoring vehicle ownership costs money and you have to put the spadework in to source what you want - same applies in other markets - if you are looking for a decent house that suits your needs & style you are probably going to have to look at several + in order to find something - the very same thing applies to motors - separate the dross from the good - but don't expect a near perfect / faultless used car that the new equivalent is £35k + for peanuts I'll pay what's reasonable. £2k for a 15 year old, high mileage, fairly well worn povvo Fiesta isn't reasonable. If you think it is, fair enough but I doubt many would agree. My point about inflation stands, prices of standard issue, cheap used cars are detached from reality now. Two years ago I was looking at the same sort of stuff for substantially less than £1k. Maybe it's different up north? I was looking for a cheap car with: Average mileage A vague indication of servicing at some point No significant body damage That's it, want even fussed about spec. For around £1k, basic spec is a perfectly reasonable expectation. I found something in the end, after sifting through dozens of over priced grot boxes that would have struggled to get me to the end of the road, much less round town reliably and half of which had MOT advisory checklists as long as your arm. I didn't see anyone being unreasonable, or expecting a £35k for holiday money. Anyway, that's my tuppence, I don't want to get into a forum ruck over it. Nope me neither - but I'm in the South - so here for example is a ad I placed last night - I think its very fair, reasonable & completely honest (others that personally know me on this forum are very much aware of my honesty values) - yet this morning I find I'm still dealing with enquiries from idiots to the point its laughable Maybe I'm out of touch with the way in which some people like to deal in todays market forum.retro-rides.org/thread/215187/volvo-estate-2000-months-rg26
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Last Edit: Aug 5, 2020 9:46:53 GMT by Deleted
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I'll pay what's reasonable. £2k for a 15 year old, high mileage, fairly well worn povvo Fiesta isn't reasonable. If you think it is, fair enough but I doubt many would agree. My point about inflation stands, prices of standard issue, cheap used cars are detached from reality now. Two years ago I was looking at the same sort of stuff for substantially less than £1k. Maybe it's different up north? I was looking for a cheap car with: Average mileage A vague indication of servicing at some point No significant body damage That's it, want even fussed about spec. For around £1k, basic spec is a perfectly reasonable expectation. I found something in the end, after sifting through dozens of over priced grot boxes that would have struggled to get me to the end of the road, much less round town reliably and half of which had MOT advisory checklists as long as your arm. I didn't see anyone being unreasonable, or expecting a £35k for holiday money. Anyway, that's my tuppence, I don't want to get into a forum ruck over it. Nope me neither - but I'm in the South - so here for example is a ad I placed last night - I think its very fair, reasonable & completely honest (others that personally know me on this forum are very much aware of my honesty values) - yet this morning I find I'm still dealing with enquiries from idiots to the point its laughable Maybe I'm out of touch with the way in which some people like deal in todays market forum.retro-rides.org/thread/215187/volvo-estate-2000-months-rg26Gah! 6 months ago I'd have bitten your hand off! That's exactly the sort of thing I was looking for, a nice, honest, sub £1k car. I looked at a load of V70s and S60s that were twice that price and utter dross. More sellers like you and the world would be a better place.
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I’ve put an astra mk3 in absolutely stunning condition on car and classic, eBay and here Now I will take a sensible price , all I’ve had so far are offers I’ve accepted here and eBay , and then total silence !! I don’t think £1500 is unreasonable Perhaps it’s a sign of the times I suppose I’m hoping to store it soon if it doesn’t go in the meantime
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Fraud owners club member 1999 Jaguar s type 1993 ford escort
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I’ve put an astra mk3 in absolutely stunning condition on car and classic, eBay and here Now I will take a sensible price , all I’ve had so far are offers I’ve accepted here and eBay , and then total silence !! I don’t think £1500 is unreasonable Perhaps it’s a sign of the times I suppose I’m hoping to store it soon if it doesn’t go in the meantime Dan - I'm of the opinion that the more honest you are / fair in pricing etc - the harder you have to work to achieve a sale - its almost has the accepted norm for selling a car these days is to overprice / over value / mis describe and be unreasonable
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Last Edit: Aug 5, 2020 9:53:00 GMT by Deleted
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I wonder if some of the issue is that with the rise of FB marketplace, people expect some really aggressive lowballing to come their way, regardless of what the starting price is. Probably not the only factor, but it could play a part.
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I wonder if some of the issue is that with the rise of FB marketplace, people expect some really aggressive lowballing to come their way, regardless of what the starting price is. Probably not the only factor, but it could play a part. Or any of the online selling platforms to be honest, including eBay and Gumtree etc. Last year I needed to sell an MOT fail (not retro) and gave Gumtree a go. I put it up for not much over scrap value as I needed it gone, it wasn't a total basket case it just needed some slightly awkward welding and the seats alone would have got the buyers money back. I was deluged with 'great offers' within 10 minutes, asking if I'd take half what I was asking, a swap for a broken trails bike (which I'd take a punt at having been a stolen bike anyway), a swap for a pool table and of course, the classic 'what's your best price geez' etc etc. In the end I sold it to a fairly reasonable guy, clearly a part time trader looking for a quick turnaround, for the price I was asking. A few weeks later I saw it up for sale with a fresh ticket for a reasonable price, so at least it lives on. The whole thing put me off Gumtree permanently.
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Yeah I think places that are free for listings seem to attract lowballers. Great if you just want shot of something, but if you're looking for a fair price I've always found eBay to be a smidge better than the alternatives (although still not brilliant).
There are specific places for specific things though. Wheels seem to fly out of the door on FB marketplace but languish for ages on the bay.
Still, prices are influenced by each other on the different platforms. If someone sees a Fiesta listed for £800 on FB marketplace because the seller knows they're going to be offered £400 for it, then someone might see that and list theirs for £1000 on eBay to cover their fees.
That still wouldn't explain why they seem to be about £2000 now, but it's likely a factor.
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To be fair, over pricing an item with the expectation of accepting a lower offer is probably older than the motor car!
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To be fair, over pricing an item with the expectation of accepting a lower offer is probably older than the motor car! Very true - however there's over pricing knowing that a potential purchaser will expect to place a reasonable bid against the asking price and then there's over valuing something to an excess that's normally followed a misleading description from a completely unreasonable vendor
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paul99
Part of things
Posts: 410
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I wonder if some of the issue is that with the rise of FB marketplace, people expect some really aggressive lowballing to come their way, regardless of what the starting price is. Probably not the only factor, but it could play a part. Too many wanabee Mike Brewers these days
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I wonder if some of the issue is that with the rise of FB marketplace, people expect some really aggressive lowballing to come their way, regardless of what the starting price is. Probably not the only factor, but it could play a part. Too many wanabee Mike Brewers these days " 'old aht yur and"
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Haha, needs to be in Caps
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Before I bought my Cube I had a look at a Mini. The asking price was about right if the seller had been a dealer, so I tried to get the price down. Wouldnt budge. She understood why I was trying to get the price down, and she was clearly keen to sell, but she wouldnt budge. I then had the strangest reason for someone trying to price a car. "The money from this car has got to go between me and my 2 sisters and we need it to go on holiday" "NOT the way to price a car luv, thanks anyway." On the other hand, when I bought my Cube it was already a good deal, but it wasnt perfect, so when I pointed these bits out, along with fact it could do with a service very soon, I asked him where we were at and he dropped it another £400. Just like that. All sellers are different but the current situation puts everyone in the same position of trying to get what they can out of their sale, so the prices get bumped up, then the next car follows suit, and so on, and before you know it prices start rising instead of falling, which goes against what everyone was expecting. Thats not the only thing affecting car prices, they seem to be all over the place at the moment, but I guess with things being unsetteled, thats what you get.
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Last Edit: Aug 5, 2020 17:11:52 GMT by bmcnut
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Looking at other cars in the £500-£1500 price range as I'm selling my Rover 75 ( ahem) it looks to me like the ass is starting to fall out of the market. A lot of sales due to people working from home (me), furloughed or now unfortunately redundant.
Large scale changes in employment and downturns will take a while to manifest. Somebody might live off savings and/or scape by on Universal curse word Credit for a while before thinking to sell the chunk of metal on the drive/road that might get them to a new job, or perhaps hold out until the insurance or MOT comes due. Many governments have taken decent measures to mitigate the immediate impact but as these schemes come to an end nobody knows what they're doing or what's going to happen because its never happened before (and I don't peg the current lot as the most inspired or imaginative bunch).
I'm well employed, thank god, and am changing my spending behaviours already just because the level of background risk seems too great, what with the largest economic shock in modern history and the most major change to UK trade in 35 years happening within a twelve month period. Whether you're pro, against, or inbetween, it's a risky time. Notice those with the means to have already moved their cash off-shore even if they support the latter '"disruption" (he says, trying to not get political).
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Last Edit: Aug 5, 2020 17:58:48 GMT by halkyon
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So back to original question then 'Huge Car Price Crash' Is it actually coming - well in the world of classic cars - 'Absolutely Not' - you just have to view the very quick & successful on line platforms that the classic car auction houses have adapted to - has it made any difference to sales rates - Yes a very strong one with auction houses reporting record sales into millions of pounds & 80% + of offerings / stock selling - coincidently there is a very good online resource for future auctions and previous auction house results www.glenmarch.com/
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Classics may be on the up as savings rates plummet, supply of used moderns however have been depleted by srappage.
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