bargain high end cars
Discussion
Been watching prices recently, Has anyone noticed what bargains are out there at the moment? Not looking at cars older than say 5 years..
From 30k to around 44 one could currently buy.. AMG SL55, Porsche 996TT, M3 V8, M5 V10, M6 V10, Bentley Conti GT, Maser QP or Gransport, nuts isnt it?
From 30k to around 44 one could currently buy.. AMG SL55, Porsche 996TT, M3 V8, M5 V10, M6 V10, Bentley Conti GT, Maser QP or Gransport, nuts isnt it?
Not Ideal said:
v v true
without swerving off the topic. cant believe how cheap nearly new m3's trade at. mad depreciation.
anything else think the conti gt's still look as good as they did when they were launched..??
I think Conti GT's look as bad as when they were first launched. IMO, they are very blandwithout swerving off the topic. cant believe how cheap nearly new m3's trade at. mad depreciation.
anything else think the conti gt's still look as good as they did when they were launched..??
[quote=CraigW]Has anyone noticed what bargains are out there at the moment? Not looking at cars older than say 5 years..quote]
From the million other threads I would say yes lol. They reason why has also been discussed daily ie petrol, tax,vastly reduced finance availability, manufacture increasing warranty rates, recession and so on.
The problem is the high end cars cost a bit to maintain with all the technology nowadays and less reliable engines in some, and many naive individuals will buy 'em and not maintain them.
From the million other threads I would say yes lol. They reason why has also been discussed daily ie petrol, tax,vastly reduced finance availability, manufacture increasing warranty rates, recession and so on.
The problem is the high end cars cost a bit to maintain with all the technology nowadays and less reliable engines in some, and many naive individuals will buy 'em and not maintain them.
amir_j said:
The problem is the high end cars cost a bit to maintain with all the technology nowadays and less reliable engines in some, and many naive individuals will buy 'em and not maintain them.
Just make sure you have a warranty with it. In the case of the M5 there are 2 year old cars still under warranty going for 35k. That's a manufacturers-warrantied 500bhp+ V10 super-saloon for not really much £££.Couldn't agree more.
I wonder though if it will entice people who can "just" afford said bargain high end cars to buy them (afterall, they're getting a LOT of car for the money) btu then not be able to run them - either due to the daily running costs (hence one of the reasons for original low cost - high tax, low mpg etc.) but then also just average servicing, warranty and repair work as well as expensive tyres etc.
Such cars are vastly different maintenance prospects which I think will catch people out.
edit; to summarise, I agree with Tonker. Well put - a 60k car's worth of bills for 20k.
I wonder though if it will entice people who can "just" afford said bargain high end cars to buy them (afterall, they're getting a LOT of car for the money) btu then not be able to run them - either due to the daily running costs (hence one of the reasons for original low cost - high tax, low mpg etc.) but then also just average servicing, warranty and repair work as well as expensive tyres etc.
Such cars are vastly different maintenance prospects which I think will catch people out.
edit; to summarise, I agree with Tonker. Well put - a 60k car's worth of bills for 20k.
Edited by TonyHetherington on Wednesday 27th August 16:35
anonymous said:
[redacted]
I very much doubt we'll see £15k 4 year old E60 M5s. More likely they will hit the mid-twenties and level off for a while. The BMW warranty can be extended when it expires so that's not an issue.It will still have service bills of a £60k car but anyone who thinks otherwise is a muppet.
anonymous said:
[redacted]
I'm pretty sure it took longer for them to hit those levels, and then only the astro-mileage cars (of which there are always a lot).Once they drop under 30k the number of people who can afford to buy them (or at least think they can) increases a fair bit.
That said; no I agree they won't hold their value well, but I think your outlook is little on the pessimistic side!
Fort Jefferson said:
jeevescat said:
DB7's for low 20's in the classifieds, oh god I wish I hadn't found that out. 
But don't forget they are only a re-bodied XJS.
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I'm keeping a close eye on the M5 and Gransports.
) needs to get there too, awesome machine.