Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

RumbleOfThunder

3,579 posts

205 months

Thursday 24th November 2016
quotequote all
Dimebars said:
Had to send them a message about that. Absolute pisstakers.

wack

2,103 posts

208 months

Thursday 24th November 2016
quotequote all
All cars are overpriced today, we've just been suckered in to £249 a month

I found a 1976 car catalogue while clearing my dads house out

In 1976 a Mazda RX3 cost £1585

Calculator 1: Value of British money at today's date
Year 1976 Amount £1585 Value Today £7976.45

In 1976 a Maserati Merak cost £7807

Calculator 1: Value of British money at today's date
Year 1976 Amount £7807 Value Today £39288.44

djc206

12,499 posts

127 months

Thursday 24th November 2016
quotequote all
wack said:
All cars are overpriced today, we've just been suckered in to £249 a month

I found a 1976 car catalogue while clearing my dads house out

In 1976 a Mazda RX3 cost £1585

Calculator 1: Value of British money at today's date
Year 1976 Amount £1585 Value Today £7976.45

In 1976 a Maserati Merak cost £7807

Calculator 1: Value of British money at today's date
Year 1976 Amount £7807 Value Today £39288.44
Was the Merak any good though? Serious question. Wiki says it had a 190PS 3.0 V6 so no rocket ship. The Cayman starts at about £40k I know it's not a Maserati but it is immeasurably better surely?

I guess cars are expensive because they have all sorts of fancy stuff like crash protection, air con, Bluetooth and a body and chassis that don't need welding every time the council gritters have been out. I guess it's like comparing chalk and cheese.

Fox-

13,265 posts

248 months

Friday 25th November 2016
quotequote all
krisdelta said:
They seem to have the business model cracked though. They did something similar with the Z8, bought them all - massively inflated the price and the whole market shifted as a result of it. I guess it seems mad if you think about the "normal" business model of turning cars over ASAP, but they can obviously afford to sit on them until someone bites.
But some of the cars are just so ridiculously ordinary.

They have an E61 535d SE on about 30k miles for £23k! You can buy an F11 for that. Why would anyone pay that for an E61 diesel?

I sort of understand the niche super low mileage immaculate M cars etc - I would not pay the £40k they want for an E39 M5 but perhaps somebody might. BUt there is a pile of incredibly ordinary E46 325i's as well at bonkers money. Who has a budget of £18k and decides what they really want is a 2003 325i?

bristolracer

5,566 posts

151 months

Friday 25th November 2016
quotequote all
djc206 said:
Was the Merak any good though? Serious question. Wiki says it had a 190PS 3.0 V6 so no rocket ship. The Cayman starts at about £40k I know it's not a Maserati but it is immeasurably better surely?
In its time 190hp was quite respectable
All supercars were hideously unreliable in those days,owners would have no idea if they would start when they left the house.
That is why the Porsche 911 became so popular in the 80s, it was the only performance car that worked reliably.

Car makers finally woke up to the fact that people want cars that just work,or they will buy one that does.
It hardly a status symbol if it parked on the hardshoulder in a cloud of smoke and steam

Dapster

7,042 posts

182 months

Friday 25th November 2016
quotequote all
wack said:
All cars are overpriced today, we've just been suckered in to £249 a month

I found a 1976 car catalogue while clearing my dads house out

In 1976 a Mazda RX3 cost £1585

Calculator 1: Value of British money at today's date
Year 1976 Amount £1585 Value Today £7976.45

In 1976 a Maserati Merak cost £7807

Calculator 1: Value of British money at today's date
Year 1976 Amount £7807 Value Today £39288.44
Are you sure of your numbers Wack? I've just plugged them into the Bank of England site http://www.bankofengland.co.uk/education/Pages/res...
and the 2015 values are £10k for the Mazda and £51k for the Merak.

55palfers

5,937 posts

166 months

Friday 25th November 2016
quotequote all
http://www.ebay.co.uk/itm/1989-Mercedes-Benz-Sec-S...

Highly desirable, but £110K? That buys lots of lovely things.


xRIEx

8,180 posts

150 months

Friday 25th November 2016
quotequote all
wack said:
All cars are overpriced today, we've just been suckered in to £249 a month

I found a 1976 car catalogue while clearing my dads house out

In 1976 a Mazda RX3 cost £1585

Calculator 1: Value of British money at today's date
Year 1976 Amount £1585 Value Today £7976.45

In 1976 a Maserati Merak cost £7807

Calculator 1: Value of British money at today's date
Year 1976 Amount £7807 Value Today £39288.44
Would you be happy, at that price, to have the same standard of reliability as in 1976 in a new car?


Let's look at it in terms of buying power:
Average wage 1976 - £3744 (about £72/week)
Average wage 2016 - £27,500

So an RX3 was 42% of the average annual wage. 42% of £27.5k is £11,642.

Edited by xRIEx on Friday 25th November 11:00

Leins

9,509 posts

150 months

Friday 25th November 2016
quotequote all
A lot of money, but I'd love that SEC! Pity it looks like the original side-loading Becker has been swapped out though (along with the gangsta rap tapes? wink)

Suspect it's another one to be sold on the continent with the strong Euro, and doesn't look too much more expensive than some E124 E60s have been advertised for on mobile.de in the past

Dapster

7,042 posts

182 months

Saturday 26th November 2016
quotequote all
How about this beauty with 140k km on the clock? a fantastic car no doubt, but comedy pricing and a full house of "can't be arsed" pictures.



http://suchen.mobile.de/fahrzeuge/details.html?id=...



corozin

2,680 posts

273 months

Saturday 26th November 2016
quotequote all
RumbleOfThunder said:
Dimebars said:
Had to send them a message about that. Absolute pisstakers.
The thing is, they only need to find one donkey. That's not going to be you or probably anyone else on here, but they will probably find one eventually.

Slow

6,973 posts

139 months

Sunday 27th November 2016
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mike74

3,687 posts

134 months

Hainey

4,381 posts

202 months

Monday 28th November 2016
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mike74 said:
rofl ah..made my morning that!

funkyrobot

18,789 posts

230 months

Tuesday 29th November 2016
quotequote all
Holy moly. Just shy of £24k for this E39.



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

mondeoman

11,430 posts

268 months

Tuesday 29th November 2016
quotequote all
I hear used First as aren't fetching what they used to...

W00DY

15,532 posts

228 months

Tuesday 29th November 2016
quotequote all
funkyrobot said:
Holy moly. Just shy of £24k for this E39.



http://www.autotrader.co.uk/classified/advert/2016...
I thought that didn't seem too bad for an M5 converted touring if it was up to Hexagon standards. Then I saw it's a 540i. With 74k miles.


fk off.


(Great find though)

briang9

3,338 posts

162 months

Friday 2nd December 2016
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ChemicalChaos

10,420 posts

162 months

Friday 2nd December 2016
quotequote all
W00DY said:
I thought that didn't seem too bad for an M5 converted touring if it was up to Hexagon standards. Then I saw it's a 540i. With 74k miles.


fk off.


(Great find though)
Do you realise quite how much work is involved in doing that? For starters the touring and saloon wiring looms are vastly different. I've seen it done but IIRC it took the bloke nearly a year to transplant a crashed M5 into a 540 Touring shell

FocusRS3

3,411 posts

93 months

Friday 2nd December 2016
quotequote all
Any merc Amg new that does it's nuts in the first 18months although I'm really not sure why ?