Wanted - 1.6 K engined Caterham

Wanted - 1.6 K engined Caterham

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Discussion

Skydragon

Original Poster:

76 posts

192 months

Sunday 17th August 2008
quotequote all
I'm looking to buy a 1.6K engined Caterham, with De Dion.

£10k - £11k cash waiting for the right car.

Ex-academy cars or road-use only cars both considered (looking to buy a road legal, MOT'd/taxed car).

Anyone anything intersting for sale?

Noger

7,117 posts

250 months

Sunday 17th August 2008
quotequote all
Looking at the classifieds, you would need nearer £12K for a 1.6 Roadsport. There are a few available if you can stretch.

Sam_68

9,939 posts

246 months

Sunday 17th August 2008
quotequote all
Those are asking prices, not selling prices, though, Noger.

It's very much a buyers market at the moment, so if you wave £10-£11K in cash under the nose of someone asking £12.5, and have the discipline to simply walk away if they decline it, then you'll get a car for your budget no problem, sooner or later.

Persnally, I wouldn't bother with 'wanted' requests; it puts you off on the wrong foot (they're doing you a favour by offering you the car, rather than you doing them a favour by considering taking it off their hands, in a very difficult market). Just shop around the small ads and dealers with cash in your pocket...

Noger

7,117 posts

250 months

Sunday 17th August 2008
quotequote all
Indeed, hence "nearer £12K" smile

I can't see that many people selling a £12.5K car for £10K. Particularly not a heart purchase like a seven. But if you could make it into the £11K and a bit area, and are patient, it could work out.


Sam_68

9,939 posts

246 months

Sunday 17th August 2008
quotequote all
You might be surprised.

I've often bought specialist cars in this sort of price range for about 80% of asking price, which would be at around the £10K mark on a £12.5K Caterham.

Lots of people don't realise their negotiating power and pay more than they need to, especially in the current market... cash is king. wink

townrow

81 posts

213 months

Sunday 17th August 2008
quotequote all
My Caterham is in the classified for £11,995 witha trailer - so I could sell it without for 11k

it's a 2007 roadsport Academy car now in RSB guise. It won a race last time out at Cadwell this year with 9 second lead - so I guess it's ok.

It is a race car though and needs new wings - has a new nose cone but outstanding value considering it's less than 18 months old fully road registered and taxed until March.

Skydragon

Original Poster:

76 posts

192 months

Thursday 21st August 2008
quotequote all
Thanks for the feedback guys.

I ended up buying a 2003 ex-academy car for under £11k and all being well I've got myself a reasonable deal/car.