What Happened To The All The Cheap Cars?
What Happened To The All The Cheap Cars?
Author
Discussion

Buff Mchugelarge

Original Poster:

3,316 posts

179 months

Tuesday 6th December 2011
quotequote all
First post Be nice smile

Im currently looking for a car with a budget of £300-£400.

It needs at least 2 months T&T and not be too much of a death trap and under 1.6ltr. (dont ask, and no, its not a 'what car' thread!)

Here's my question.. Where are they all?!
Back in the day the classifieds were full of £100 cars with tax and test. Now days I'm struggling to find a working car with any MOT or Tax for less than £450.
I know the price of scrap is high but are we seeing the end of the real cheap run around?
I do hope not..

davepoth

29,395 posts

228 months

Tuesday 6th December 2011
quotequote all
Scrappage scheme from two years ago got rid of a lot of the bangers. More have been taken back to Eastern Europe (used cars here are very cheap).

krisdelta

4,670 posts

230 months

Tuesday 6th December 2011
quotequote all
Welcome to the madhouse wink

I know what you mean about a cheap run around. I suspect there may be more deals up north, than in the SE. You are probably right though - the value of scrap does impact bottom end prices.

Chicharito

1,017 posts

180 months

Tuesday 6th December 2011
quotequote all
Scrappage scheme.

It took a lot of older cars out of circulation, and replaced them with Korean superminis.

twazzock

1,930 posts

198 months

Tuesday 6th December 2011
quotequote all
Scrappage scheme + increasing cost of scrap metal.

You can still get a decent car for a few hundred quid, just not to the extent you could a few years back.

6fire

406 posts

180 months

Tuesday 6th December 2011
quotequote all
You'll struggle to get anything with tax and ticket for less than £300 IME, but think outside of the box, pick the right cars, do your homework and haggle hard, and you'll get something half decent for less than £500. You need to not be fussy what it is and buy based on condition rather than the badge it wears though. At that price point you'll be looking for something cheap to fix. I'd suggest something like s ford escort. Hateful cars, but cheap to buy and run.

It makes a difference where you look as well. Ignore autotrader, ignore eBay and ignore the auctions. Use the local classifieds for bargain hunting. And haggle! I ended up with an Audi A3 with 6 months T&T a couple of years ago, advertised for £1200, I paid £400. He wanted to sell more than I wanted to buy...



Edited by 6fire on Tuesday 6th December 23:25

soad

34,651 posts

205 months

Tuesday 6th December 2011
quotequote all
Scrapage scheme has a lot to answer for many a healthy and useable older cars prematurely taken to the resting place.
A fair few sold when scrap metal prices were high too.
Once they gone, they gone.

Crease

583 posts

198 months

Tuesday 6th December 2011
quotequote all
this is something im doing as a sideline
i buy what would be scrap cars @ scrap value, but get them MOT worthy and sell them on at a little profit. £50/100 maybe

i enjoy doing it, keeps me busy, and the satisfaction of *saving* a car is pretty good!

in the few cars ive been doing, each of them has sold in less than a week, with me making back the original purchase price + what ive spent + a bit for me.

times are hard, people want a cheap hack...supply and demand really!

Deva Link

26,934 posts

274 months

Tuesday 6th December 2011
quotequote all
krisdelta said:
I suspect there may be more deals up north,
Nah, we use them to keep our whippets in. smile

Mate of mine buys cars at around £250 and doesn't seem to have any trouble finding them. He thinks it's a right result if they've got a couple of gallons of fuel in them!

Shuvi Tupya

24,460 posts

276 months

Wednesday 7th December 2011
quotequote all
Crease said:
this is something im doing as a sideline
i buy what would be scrap cars @ scrap value, but get them MOT worthy and sell them on at a little profit. £50/100 maybe

i enjoy doing it, keeps me busy, and the satisfaction of *saving* a car is pretty good!

in the few cars ive been doing, each of them has sold in less than a week, with me making back the original purchase price + what ive spent + a bit for me.

times are hard, people want a cheap hack...supply and demand really!
I am sure if i did that i would have the council sniffing round, issuing fines frown



hidetheelephants

35,798 posts

222 months

Wednesday 7th December 2011
quotequote all
Shuvi Tupya said:
I am sure if i did that i would have the council sniffing round, issuing fines frown
If you only have one or two at a time, what are they going to do exactly? If you aren't earning a living from it/paying VAT/filling your drive and street with snotters there isn't much there for them to moan about, let alone apply legal sanctions to.

Crease

583 posts

198 months

Wednesday 7th December 2011
quotequote all
ive got access to a yaed/garage with lift etc smile so im pretty lucky!

Marquis Rex

7,377 posts

268 months

Tuesday 27th December 2011
quotequote all
Crease said:
this is something im doing as a sideline
i buy what would be scrap cars @ scrap value, but get them MOT worthy and sell them on at a little profit. £50/100 maybe

i enjoy doing it, keeps me busy, and the satisfaction of *saving* a car is pretty good!

in the few cars ive been doing, each of them has sold in less than a week, with me making back the original purchase price + what ive spent + a bit for me.

times are hard, people want a cheap hack...supply and demand really!
Good man!

Chicharito

1,017 posts

180 months

Tuesday 27th December 2011
quotequote all
Marquis Rex said:
Crease said:
this is something im doing as a sideline
i buy what would be scrap cars @ scrap value, but get them MOT worthy and sell them on at a little profit. £50/100 maybe

i enjoy doing it, keeps me busy, and the satisfaction of *saving* a car is pretty good!

in the few cars ive been doing, each of them has sold in less than a week, with me making back the original purchase price + what ive spent + a bit for me.

times are hard, people want a cheap hack...supply and demand really!
Good man!
Good idea until the tax man catches up with you, or a pissed off customer returns with something that blew up before they've used a tank of fuel.

Marquis Rex

7,377 posts

268 months

Tuesday 27th December 2011
quotequote all
Chicharito said:
Good idea until the tax man catches up with you, or a pissed off customer returns with something that blew up before they've used a tank of fuel.
That only happens in dumps like the UK (tax man)
and 'bought as seen' takes care of the other

Chicharito

1,017 posts

180 months

Tuesday 27th December 2011
quotequote all
Marquis Rex said:
That only happens in dumps like the UK (tax man)
and 'bought as seen' takes care of the other
'Bought as seen' has no legal standing if you can be considered to be a trader. Which, if you've just admitted to doing it regularly on an internet forum, you're going to have one hell of a job denying!

POORCARDEALER

8,663 posts

270 months

Tuesday 27th December 2011
quotequote all

Due to the trading laws in this country most dealers wont touch very cheap cars....thank the goverment for that.

Scrappage scheme took care of the rest.

Marquis Rex

7,377 posts

268 months

Tuesday 27th December 2011
quotequote all
Chicharito said:
'Bought as seen' has no legal standing if you can be considered to be a trader. Which, if you've just admitted to doing it regularly on an internet forum, you're going to have one hell of a job denying!
Thankfully, I don't live in that socialist chav-ridden proletarian Gulag welfare state biggrin

Marquis Rex

7,377 posts

268 months

Tuesday 27th December 2011
quotequote all
POORCARDEALER said:
Due to the trading laws in this country most dealers wont touch very cheap cars....thank the goverment for that.

Scrappage scheme took care of the rest.
The UK and Europe in general really ARE the most consumerist countries now, far more so than the USA. Everything is designed to force the individual to waste money on new over priced ste such as eco friendly junk/cars and the rules almost invariably adversely effect personal freedom


0a

24,137 posts

223 months

Tuesday 27th December 2011
quotequote all
There used to be many 'perfectly good' cars at this level. I suspect that many owners are chosing to hold onto a car they know rather than changing up.