04 CV8 Residuals

[mackie1]

I'm seriously pondering purchasing one for around £15k but before I do I'd just like to get an idea of what it's likely to be worth in 3 years time. Am I looking at it dropping another 50% or will rarity and petrolhead interest (well more than something like a 540i anyway) keep the prices bouyant?

I know it's difficult to predict but do any dealers have any ideas?

Cheers in advance for any help.

Mackie

[mackie1]

I was thinking that £10k was a reasonable expected value. I guess I could inquire about balloon finance and see what those guys estimate.

Just out of interest what kind of costs would I be looking at for replacement disks/pads both for a standard V8 and a VXR (the Monaro I've got my eye on has VXR brakes).

[mackie1]

Thanks for your replies guys.

I'm reeeeaaallly tempted but my head is saying no. Please convince me that moving from 1.7 to 5.7 litres is a good idea and that I won't regret it. I can afford it but obviously I'm going to have less money left over after paying for loan, fuel and servicing compared the the Fiesta in drag I currently have (£12 for a brake disk anyone?). Will I miss that money or will I just look out of the window, smile and know it was worth it?

God I sound insane :P

Cheers,

Mackie

[mackie1]

Mmmm like you say, what's money for if it's not to be enjoyed!

[mackie1]

This will be my only car but then I only do about 10k miles a year which makes the fuel bill manageable (budgetting about £150/month).
I'm not poo pooing your idea but I think it'd be a shame to keep a 'ro as a fair weather toy. It's a GT muscle car and should, well... Grand Tour
Why not get the 'ro as a daily driver and get a V8 Dax Rush as a toy?

(again, not poo pooing

[mackie1]

I have a Puma, not a Fiesta, but yes it's basically a Fiesta with a jazzy engine and different body

Yeah I know it'll cost more to run, but there can't be many cars much cheaper to run than the little ford.

Insurance is pleasingly little (well it's double the Puma but then the Puma is really cheap) so it's only really the tyres and fuel I have to worry about. Then again a Focus ST (another on my shortlist) isn't *much* better on fuel and has 18in tyres too and is slower so the 'ro aint looking so bad from that PoV either.

I think I'll have to investigate the financing tomorrow and it's it all ok then I'll go for it

[mackie1]

Well I'm 27, am on the property ladder and can easily afford the mortgage and bills so feck it Ultimately if I think it's costing me too much I can just sell it and get something less thirsty.

Assuming I'm happy with the car (hopefully going to see it tonight) I'm just waiting to hear back from finance company and then it's all systems go.

PS. Can anyone on here do gratis HPI checks? (cheaky I know but if you don't ask... )