Prices on the rise?

Prices on the rise?

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Discussion

FastRich

Original Poster:

542 posts

201 months

Wednesday 22nd October 2014
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My friend has a beautiful and pristine Tamora and I've always said I'll be the next owner when he's ready to move on. Every now and then, he teases me by sending adverts of very nice but expensive Tam's (£20k+) so this got me looking at Chim values over the summer.

I have to say, it dodn't seem to make good reading - the Chims seemed to be going down (unless they were being sold by Fernies) so I decided to stop watching and wait until it was necessary.

Bored today, I had a quick look on PH and AT and I'm pleased to say prices seem to be on the up again, with some later low mileage (27k) cars reaching almost a £20k ask.

Did anyone else notice this blip or was it just me?

FastRich

Original Poster:

542 posts

201 months

Wednesday 22nd October 2014
quotequote all
Ah, well yes - admittedly there aren't many 27k cars. I was highlighting the upper end.

The thing is though, when I was looking during the summer, even these lower mileage cars weren't stretching (being advertised) much beyond £15k - £16k (Fernies excepted).

That said, there were a lot of cars which were "in need of love" around too, mostly sub £7k which maybe dragged the others down.

It's just nice to know these cars are still holding their own.

Whoever bought yours seems to have bagged themselves a steal, sorry to hear that.

FastRich

Original Poster:

542 posts

201 months

Monday 3rd November 2014
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Excellent news then!

Selfishly, I look forward to the lower end cars disappearing and helping to shove the priced upwards for the better cars but at the same time, it would be such a shame to see so many examples go unloved and fall by the wayside.

I'd actually prefer prices to stay constant and all cars remain but I guess that's never going to happen.


FastRich

Original Poster:

542 posts

201 months

Tuesday 4th November 2014
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portzi said:
I for one can't wait to see these poorly maintained cars disappear as they are death traps waiting to happen.
To be clear, what I meant was, I'd prefer the "death traps" as you call them to be properly maintained, restored where necessary and loved so they're kept in circulation. The more people enjoying these cars, the better!

Sadly, as we learnt from the scrappage scheme debacle, some cars are either too far gone or have owners lacking in funds/time/knowhow to sort them out.

FastRich

Original Poster:

542 posts

201 months

Friday 7th November 2014
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Nice rescue, well done. It's amazing how sometimes so little does so much.