Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

g7jhp

6,997 posts

245 months

Monday 17th October 2016
quotequote all
birdcage said:
http://www.4starclassics.com/vw-golf-gti-mk2-for-s...

How? Why? Surely this dealer will have to close their doors when people start to realise what 'value' means again
A red 1990 3 door Golf GTI mk2 8v with big bumpers and 59k miles for £11.5k seem comparable to the price being asked by others.

Whether it's good value or sells only time will tell.



Fast Bug

12,149 posts

168 months

Monday 17th October 2016
quotequote all
g7jhp said:
birdcage said:
http://www.4starclassics.com/vw-golf-gti-mk2-for-s...

How? Why? Surely this dealer will have to close their doors when people start to realise what 'value' means again
A red 1990 3 door Golf GTI mk2 8v with big bumpers and 59k miles for £11.5k seem comparable to the price being asked by others.

Whether it's good value or sells only time will tell.
I kick myself from walking away from a similar car with 35k on the clock last year. I thought £8500 was too much for it. One sold with a few thousand more miles on for £12500 a couple of months back.

I've always thought 4Star had comedy pricing, but they've been in business a few years now so must be shifting some stock

ambuletz

10,964 posts

188 months

Monday 17th October 2016
quotequote all
I wonder if those companies do their photography in-house or whether they bring it to a studio.

DegsyE39

591 posts

134 months

Monday 24th October 2016
quotequote all
Fast Bug said:
g7jhp said:
birdcage said:
http://www.4starclassics.com/vw-golf-gti-mk2-for-s...

How? Why? Surely this dealer will have to close their doors when people start to realise what 'value' means again
A red 1990 3 door Golf GTI mk2 8v with big bumpers and 59k miles for £11.5k seem comparable to the price being asked by others.

Whether it's good value or sells only time will tell.
I kick myself from walking away from a similar car with 35k on the clock last year. I thought £8500 was too much for it. One sold with a few thousand more miles on for £12500 a couple of months back.

I've always thought 4Star had comedy pricing, but they've been in business a few years now so must be shifting some stock
I dont know about that, The e500 on the stocklist i swear that was 30k at one point? a lot of those cars have been on there for months now..

Another carnuba wax and white background outfit with k and f in the name have had a prelude for yonks, Been noticing a grand, grand a half being knocked off asking prices even 5-10k with bigger ticket items but yes maybe thats in part due to the comedy pricing in the first place.

But like these guys pushing *investment grade* classics are going to announce price reductions with fanfare?

Prices are meant to be going up right?

But im a sceptic and i think the classic car bubble is built on foundations of sand always have done.

Regards.


DegsyE39

591 posts

134 months

Monday 24th October 2016
quotequote all
La la land CSL rofl



http://www.millenniumheroes.com/cars/bmw-m3-csl-7-...

100k rofl


Edited by DegsyE39 on Monday 24th October 22:26

DegsyE39

591 posts

134 months

Monday 24th October 2016
quotequote all
Toppy Alpina B7



http://www.autotrader.co.uk/classified/advert/2016...

Clean ones about for 20 grand a bit back!

Mad..

ambuletz

10,964 posts

188 months

Monday 24th October 2016
quotequote all
I think with the way PH classifieds seperates some marques makes it easier to find overpriced stuff.

someone apparently bought this.. a £10k mk4 Golf GTi on 34k
here


£15,000 e36 328i, 24k and suspect interior.
here

Squirrelofwoe

3,210 posts

183 months

Monday 24th October 2016
quotequote all
ambuletz said:
I think with the way PH classifieds seperates some marques makes it easier to find overpriced stuff.

someone apparently bought this.. a £10k mk4 Golf GTi on 34k
here
rofl

ambuletz said:
£15,000 e36 328i, 24k and suspect interior.
here
Fifteen. Thousand. Pounds.

And it's an auto! yikes

Leins

9,645 posts

155 months

Monday 24th October 2016
quotequote all
DegsyE39 said:
La la land CSL rofl



http://www.millenniumheroes.com/cars/bmw-m3-csl-7-...

100k rofl


Edited by DegsyE39 on Monday 24th October 22:26
LHD though, so more appealing when combined with the weak pound

DegsyE39

591 posts

134 months

Tuesday 25th October 2016
quotequote all
Leins said:
DegsyE39 said:
La la land CSL rofl



http://www.millenniumheroes.com/cars/bmw-m3-csl-7-...

100k rofl


Edited by DegsyE39 on Monday 24th October 22:26
LHD though, so more appealing when combined with the weak pound
Dont get me wrong its a lovely car and i get your point.

Its just they are firmly embedded in my mind as a 25k car frown

But i also seem to remember when every e30 325i sport was 5k too!

Regards D.

Guvernator

13,404 posts

172 months

Tuesday 25th October 2016
quotequote all
DegsyE39 said:
Dont get me wrong its a lovely car and i get your point.

Its just they are firmly embedded in my mind as a 25k car frown

But i also seem to remember when every e30 325i sport was 5k too!

Regards D.
This is my issue too, a lot of these overpriced cars where a quarter of the price not so long ago and my brain just can't reconcile how they've gone up so much in so little time and more importantly why people would continue to buy them at the now over-inflated prices. I couldn't help but feel ripped off I'm afraid, knowing how much it was "worth" just a scant few years ago.

zedx19

2,889 posts

147 months

Tuesday 25th October 2016
quotequote all
Does this count? My first car one of these, it was dreadful but now seems to be "scene" cool.

http://www.ebay.co.uk/itm/VW-VOLKSWAGEN-MK2-POLO-B...


Squirrelofwoe

3,210 posts

183 months

Tuesday 25th October 2016
quotequote all
Guvernator said:
DegsyE39 said:
Dont get me wrong its a lovely car and i get your point.

Its just they are firmly embedded in my mind as a 25k car frown

But i also seem to remember when every e30 325i sport was 5k too!

Regards D.
This is my issue too, a lot of these overpriced cars where a quarter of the price not so long ago and my brain just can't reconcile how they've gone up so much in so little time and more importantly why people would continue to buy them at the now over-inflated prices. I couldn't help but feel ripped off I'm afraid, knowing how much it was "worth" just a scant few years ago.
I was archiving a load of old Emails a couple of weeks ago and I came across my Email correspondence with a chap selling an E30 325i sport back in late 2008. I had a 2-door E30 318 at the time so a 325i sport was high on my list of potential car upgrades.

The car was black, had been lowered slightly over Azev alloys, and had clearly been 'lightly brushed' with the chav stick. It was also a bit leggy at 150k miles, but it was very clean with good service history and had clearly been cherished by it's owner even if to a slightly dubious taste.

It was up for sale at £1,500 which was the absolute max of my car budget at the time. After much deliberation and 2 viewings I ended up passing on it to pursue my long held dream of Renault-19 16v ownership. Unfortunately even clean ones of those were out of my budget at the time, and I ended up out of the blue buying my Mitsubishi Starion for £1,500 a few weeks later instead.

I've often wondered what that £1,500 325i sport would be worth now if I had gone for that and de-chavved it.

My Starion was sold 6/7 years later for exactly what I had paid for it, and I've still yet to realise my 'dream' of Renault 19 16v ownership... While a high-mileage 325i sport in need of paint work was recently linked for sale at over £8k! I am not a smart man.

DegsyE39

591 posts

134 months

Tuesday 25th October 2016
quotequote all
Squirrelofwoe said:
Guvernator said:
DegsyE39 said:
Dont get me wrong its a lovely car and i get your point.

Its just they are firmly embedded in my mind as a 25k car frown

But i also seem to remember when every e30 325i sport was 5k too!

Regards D.
This is my issue too, a lot of these overpriced cars where a quarter of the price not so long ago and my brain just can't reconcile how they've gone up so much in so little time and more importantly why people would continue to buy them at the now over-inflated prices. I couldn't help but feel ripped off I'm afraid, knowing how much it was "worth" just a scant few years ago.
I was archiving a load of old Emails a couple of weeks ago and I came across my Email correspondence with a chap selling an E30 325i sport back in late 2008. I had a 2-door E30 318 at the time so a 325i sport was high on my list of potential car upgrades.

The car was black, had been lowered slightly over Azev alloys, and had clearly been 'lightly brushed' with the chav stick. It was also a bit leggy at 150k miles, but it was very clean with good service history and had clearly been cherished by it's owner even if to a slightly dubious taste.

It was up for sale at £1,500 which was the absolute max of my car budget at the time. After much deliberation and 2 viewings I ended up passing on it to pursue my long held dream of Renault-19 16v ownership. Unfortunately even clean ones of those were out of my budget at the time, and I ended up out of the blue buying my Mitsubishi Starion for £1,500 a few weeks later instead.

I've often wondered what that £1,500 325i sport would be worth now if I had gone for that and de-chavved it.

My Starion was sold 6/7 years later for exactly what I had paid for it, and I've still yet to realise my 'dream' of Renault 19 16v ownership... While a high-mileage 325i sport in need of paint work was recently linked for sale at over £8k! I am not a smart man.
But thats how it should be really.. Just shows that you are an actual enthusiast.

And not some wideboy cad salivating at the mouth on how much he can speculate on a car!

Squirrelofwoe

3,210 posts

183 months

Tuesday 25th October 2016
quotequote all
DegsyE39 said:
Squirrelofwoe said:
Guvernator said:
DegsyE39 said:
Dont get me wrong its a lovely car and i get your point.

Its just they are firmly embedded in my mind as a 25k car frown

But i also seem to remember when every e30 325i sport was 5k too!

Regards D.
This is my issue too, a lot of these overpriced cars where a quarter of the price not so long ago and my brain just can't reconcile how they've gone up so much in so little time and more importantly why people would continue to buy them at the now over-inflated prices. I couldn't help but feel ripped off I'm afraid, knowing how much it was "worth" just a scant few years ago.
I was archiving a load of old Emails a couple of weeks ago and I came across my Email correspondence with a chap selling an E30 325i sport back in late 2008. I had a 2-door E30 318 at the time so a 325i sport was high on my list of potential car upgrades.

The car was black, had been lowered slightly over Azev alloys, and had clearly been 'lightly brushed' with the chav stick. It was also a bit leggy at 150k miles, but it was very clean with good service history and had clearly been cherished by it's owner even if to a slightly dubious taste.

It was up for sale at £1,500 which was the absolute max of my car budget at the time. After much deliberation and 2 viewings I ended up passing on it to pursue my long held dream of Renault-19 16v ownership. Unfortunately even clean ones of those were out of my budget at the time, and I ended up out of the blue buying my Mitsubishi Starion for £1,500 a few weeks later instead.

I've often wondered what that £1,500 325i sport would be worth now if I had gone for that and de-chavved it.

My Starion was sold 6/7 years later for exactly what I had paid for it, and I've still yet to realise my 'dream' of Renault 19 16v ownership... While a high-mileage 325i sport in need of paint work was recently linked for sale at over £8k! I am not a smart man.
But thats how it should be really.. Just shows that you are an actual enthusiast.

And not some wideboy cad salivating at the mouth on how much he can speculate on a car!
Very true, the only problem is when I passed on that 325i sport my attitude at the time was 'well I'll get one one day when I can afford a nicer, lower mileage one'... However to get that 'nicer, low mileage' one now would cost me what I recently spent buying my TVR- which is just madness! A 325i sport is a fabulous car, but it's not V8 TVR fabulous.

But yes I get your point- I'd rather see these cars in the hands of people who buy them to use them. A few weeks ago I had a chat with a chap at a petrol station filling up a minty looking 3-door Sierra Cosworth- it was chucking it down with rain and there were mud splatters up the sides of the bodywork- an actual dirty 3-door Cosworth! Obviously it's not my place to dictate how people use their cars (although it should be!), but it was fantastic to actually see one out on the road rather than shut away in a temperature controlled garage or at a show with a mirror under the engine bay...

ambuletz

10,964 posts

188 months

Tuesday 25th October 2016
quotequote all
quick look at ebay has afew 325i for sale wanting £7-10k :O

Squirrelofwoe

3,210 posts

183 months

Tuesday 25th October 2016
quotequote all
ambuletz said:
quick look at ebay has afew 325i for sale wanting £7-10k :O
yes

This was the one I was thinking of, posted in another thread.

153,000 miles and in need of some 'minor' paintwork.

Yours for £8,450 yikes

http://www.carandclassic.co.uk/car/C802267

trickywoo

12,277 posts

237 months

Tuesday 25th October 2016
quotequote all
Squirrelofwoe said:
Plus another £300 to get it delivered to the UK.

Squirrelofwoe

3,210 posts

183 months

Tuesday 25th October 2016
quotequote all
trickywoo said:
Squirrelofwoe said:
Plus another £300 to get it delivered to the UK.
And that!

Ironically that one is remarkably similar to the one I mentioned previous that I viewed in 2008. That one was also an MTech2, in black, lowered 40mm, had non-standard alloys (Azevs), and had done 158k. I dismissed it at £1,500 because with 150k+ mileage I considered it 'a bit leggy'! nuts

DegsyE39

591 posts

134 months

Tuesday 25th October 2016
quotequote all
Squirrelofwoe said:
trickywoo said:
Squirrelofwoe said:
Plus another £300 to get it delivered to the UK.
And that!

Ironically that one is remarkably similar to the one I mentioned previous that I viewed in 2008. That one was also an MTech2, in black, lowered 40mm, had non-standard alloys (Azevs), and had done 158k. I dismissed it at £1,500 because with 150k+ mileage I considered it 'a bit leggy'! nuts
You should of bought it tongue out

Saying that sat flicking through total BMW on the crapper in 2008 i would of never of thought id of missed the boat on these cars, E31 Is another that guts me! But i see them as 15k for the best 850csi still, So there is no way im parting with more than 6k for an 840!!