Has the arse really fallen out of the used car market?!
Discussion
gti-ted said:
"Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty.
Although the bid was low, he wasn't far off the mark - assuming, of course, that they can actually get anyone to buy it at auction.The problem with auctions is that they tend to be populated by the trade, and the trade is being very cautious on anything other than easy sellers.
Friend of mine was at a BCA auction three weeks back, and was absolutely staggered at what wasn't being bid on.
anonymous said:
[redacted]
I spent a great 6 months working at Dublin airport (yes, I'm partly responsible for the big mess of construction there right now) and apart from enjoying a good few pints of the black stuff I was amazed at the property prices. And the fact that almost every bit of green land was being built on.gti-ted said:
We visited our local veedub main stealers last wekend as the bread knife is looking to change her bug for a derv version. Anyway we test drove one that was a 53 plate and was up at £8995 which was a bit steep but we only really wanted to see how they went but we gave off the right vibes. Anyway the monkey salesman goes and crunches some numbers and returns with an offer of £3k for our 51 plate 1.8T Bug against the derv
When i picked myself up off the floor and enquired how he came up with this price he replied " Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty. I explained that there was absolutley no way that i would let ours go for this amount as you could not buy any version of a Beetle in any spec for this amount,and told him that this was not an auction but a main stealers hence me coming here.
Any way as it happens they have an identical car to ours same colour spec etc but on a 52 plate with 20k less than ours and it's up for £7495.00 which i pointed out to him so off he went to talk to his manager but we just left in discust before he returned.
I have to say that allthough i wasn't looking to buy my piss was boiling when i left
talking of Viz, you are Cockney W@nker AICM £5. When i picked myself up off the floor and enquired how he came up with this price he replied " Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty. I explained that there was absolutley no way that i would let ours go for this amount as you could not buy any version of a Beetle in any spec for this amount,and told him that this was not an auction but a main stealers hence me coming here.
Any way as it happens they have an identical car to ours same colour spec etc but on a 52 plate with 20k less than ours and it's up for £7495.00 which i pointed out to him so off he went to talk to his manager but we just left in discust before he returned.
I have to say that allthough i wasn't looking to buy my piss was boiling when i left
(don't get upset, this is just a joke - you appear from your writing style to qualify for the first word and we all qualify for the second)
Dunk76 said:
gti-ted said:
"Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty.
Although the bid was low, he wasn't far off the mark - assuming, of course, that they can actually get anyone to buy it at auction.The problem with auctions is that they tend to be populated by the trade, and the trade is being very cautious on anything other than easy sellers.
Friend of mine was at a BCA auction three weeks back, and was absolutely staggered at what wasn't being bid on.
gti-ted said:
Dunk76 said:
gti-ted said:
"Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty.
Although the bid was low, he wasn't far off the mark - assuming, of course, that they can actually get anyone to buy it at auction.The problem with auctions is that they tend to be populated by the trade, and the trade is being very cautious on anything other than easy sellers.
Friend of mine was at a BCA auction three weeks back, and was absolutely staggered at what wasn't being bid on.
His low offer was probably a hint to you that they didnt want to take it in p/x.
I think a lot of owners need to realise that their cars arent worth anywhere near what they think they are at the moment.
anonymous said:
[redacted]
Not anymore. There was a big clampdown last year on drivers converting their commercials back into cars. Huge fines and in some cases, cars/jeeps were confiscated. Is Ireland the only place in the world with a commercial porsche?
Edited by TommyTT on Wednesday 13th August 14:05
sleep envy said:
anonymous said:
[redacted]
you can buy a Touareg without windows?m4tthew said:
gti-ted said:
Dunk76 said:
gti-ted said:
"Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty.
Although the bid was low, he wasn't far off the mark - assuming, of course, that they can actually get anyone to buy it at auction.The problem with auctions is that they tend to be populated by the trade, and the trade is being very cautious on anything other than easy sellers.
Friend of mine was at a BCA auction three weeks back, and was absolutely staggered at what wasn't being bid on.
His low offer was probably a hint to you that they didnt want to take it in p/x.
I think a lot of owners need to realise that their cars arent worth anywhere near what they think they are at the moment.
Pwig said:
m4tthew said:
gti-ted said:
Dunk76 said:
gti-ted said:
"Well that's all we would get for it in the block " BLOCK say i, oh Auction i mean say's numpty.
Although the bid was low, he wasn't far off the mark - assuming, of course, that they can actually get anyone to buy it at auction.The problem with auctions is that they tend to be populated by the trade, and the trade is being very cautious on anything other than easy sellers.
Friend of mine was at a BCA auction three weeks back, and was absolutely staggered at what wasn't being bid on.
His low offer was probably a hint to you that they didnt want to take it in p/x.
I think a lot of owners need to realise that their cars arent worth anywhere near what they think they are at the moment.
anonymous said:
[redacted]
Well update we sold the car today a few months later (today) got £1900 for it first person to see brought it was a fellow pher with a rather lovely focus st. We had to ring up the other 5 people up who wanted to see tke car today and turn them away and the car had only been advertised for 3 days. So basically resurrected to show to everyone that mocked me and the car was indeed worth the money I predicted. Also was due a service but we did say that to the person who brought the car off us who were very pleased with the dealWe are happy and they will be as well as it is a cracking car for the money and will serve them well in the future. You also could not have met two nicer people and parents where happy that they got the car before everyone else.Regards
Greg
greggy50 said:
Well update we sold the car today a few months later (today) got £1900 for it first person to see brought it was a fellow pher with a rather lovely focus st. We had to ring up the other 5 people up who wanted to see tke car today and turn them away and the car had only been advertised for 3 days. So basically resurrected to show to everyone that mocked me and the car was indeed worth the money I predicted. Also was due a service but we did say that to the person who brought the car off us who were very pleased with the dealWe are happy and they will be as well as it is a cracking car for the money and will serve them well in the future. You also could not have met two nicer people and parents where happy that they got the car before everyone else.
Regards
Greg
If you'd sold it for £20k, would it make the correct value of a 9 year old Fiesta £20k, or would it perhaps mean that someone had paid over the odds? Well done for selling it - you're happy and the buyer is (apparently) happy. However, it must be twice the book price!Regards
Greg
Edited by nig-gtv on Saturday 24th January 14:46
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