Are 07 pre regs a possibilty?
Discussion
Just wondering if anyone has a any idea how many vxr's are still left to be sold by Vauxhall. Seems silly to buy just when the new plates are just round the corner. I would imagine they cant keep the stock for ever, right? and now they have pre reg'd once, are they likely to do it again?
I might be mistaken but the 56 plate pre regs where only done to get rid of the last of them in the country so none left apart from those.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
after_Shock said:
I might be mistaken but the 56 plate pre regs where only done to get rid of the last of them in the country so none left apart from those.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
That is my understanding too.
after_Shock said:
I might be mistaken but the 56 plate pre regs where only done to get rid of the last of them in the country so none left apart from those.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
I understood that the cars are new and are being pre registered at the point of sale (i.e. shady industry practice with v5 to follow in 90 days). On that basis a deal might be possible.
I disagree about the reg numbers not affecting values. It now seems that a car from a single year has 3 different price brackets ie. for 2007 you would could have a 56 , 07 or 57 reg car. If you could scoop an 07 car it will probably be worth a tad more come resale time as opposed to being registered as a 56 which would drop it in to competition with a sep 06 registered car onwards
Bennno
Edited by bennno on Saturday 3rd February 20:55
Always got me as strange having age related plates.
In NZ cars are just registered sequentially, so the plate only has a rough significance to dates.
I guess people are keener on getting the next letter as it rolls over however. Much the same I suppose.
All down to Mr Depreciation again..
In NZ cars are just registered sequentially, so the plate only has a rough significance to dates.
I guess people are keener on getting the next letter as it rolls over however. Much the same I suppose.
All down to Mr Depreciation again..
ringram said:
Always got me as strange having age related plates.
In NZ cars are just registered sequentially, so the plate only has a rough significance to dates.
I guess people are keener on getting the next letter as it rolls over however. Much the same I suppose.
All down to Mr Depreciation again..
In NZ cars are just registered sequentially, so the plate only has a rough significance to dates.
I guess people are keener on getting the next letter as it rolls over however. Much the same I suppose.
All down to Mr Depreciation again..
English plates dont make any sense to me at all...
Why dont they just say a car is 92, instead of calling it a damn letter that you dont have a clue about !!!!
Fortunately ours sound similar to NZ. There are a variety of different regions, and to a rough degree can be tracked to an approximate age, but really, there is no pattern to them, except certain letters go A, B, C, D etc...simple idea really.
And numbers go, 1, 2, 3, 4 etc etc
Again, a simple process lol.
Edited by stevieturbo on Sunday 4th February 01:32
bennno said:
after_Shock said:
I might be mistaken but the 56 plate pre regs where only done to get rid of the last of them in the country so none left apart from those.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
New reg doesnt make hardly any difference to the value of cars these days and the mass majority of people dont know the difference of the new style plates so they dont have much face value either.
I understood that the cars are new and are being pre registered at the point of sale (i.e. shady industry practice with v5 to follow in 90 days). On that basis a deal might be possible.
I disagree about the reg numbers not affecting values. It now seems that a car from a single year has 3 different price brackets ie. for 2007 you would could have a 56 , 07 or 57 reg car. If you could scoop an 07 car it will probably be worth a tad more come resale time as opposed to being registered as a 56 which would drop it in to competition with a sep 06 registered car onwards
Bennno
Edited by bennno on Saturday 3rd February 20:55
I didnt say they wouldnt affect values but hardly affect them, its not like the old days when their was the single plate change and the values where a big difference, and as you say its worth a 'tad' more for the newer plate. People still hold out for the new plate a month before it comes out as they think it will be worth alot more come re-sale time when they could get a much better deal the previous month which far outweighs what they get back come sale time.
One thing the goverment managed was to increase sales of private reg numbers with the new plate system so most people now hide the age of the cars plus the goverment gets more cash yet again!
When i bought a merc estate last year the dealer said pretty much what you did about plates not affecting the residuals as much now. So I took a car at the end of the July (in tome for our holiday) instead of waiting patiently for the new 55 reg.
When I came to sell in October the glasses guide showed the car would have been worth £1100 (8%) more if I'd waited.
The whole reg plates dont matter is another example of the dealer saying soemthing entirely different when they are selling to when they are buying in.
That every VXR was made in 2005 seems largely irrelevant though...
Bennno
Problem you have is all cars are different, if you have a car like an expensive merc estate thats losing £500-600 a month on normal months anyway, the dealer saying it was worth £1100 more for a newer reg isnt quite true, it would probably have been worth another £300-400 more,they never or very rarely pay the book price on a car then you tke off the normal depreciation and that leaves you with a much lower figure.
The cheaper the cars get or on cars that dont depreciate much month on month theirs very little difference in price for a newer reg plate.
The monaro's arent the best example because as you say everything was built in 2005 anyways!
The cheaper the cars get or on cars that dont depreciate much month on month theirs very little difference in price for a newer reg plate.
The monaro's arent the best example because as you say everything was built in 2005 anyways!
Its agreed that a 6L VXR whether on a 05/55/06/56/07 are all the same car built at the same time.
Therefore I can see a chain of thought that says you may as well buy an 05 for £20k as you might pay £26k for a 56/07.
That suggests a £7k spread over the reg numbers or about £1500 per registration letter difference based on dealer retail pricing
Bennno
bennno said:
Its agreed that a 6L VXR whether on a 05/55/06/56/07 are all the same car built at the same time.
Therefore I can see a chain of thought that says you may as well buy an 05 for £20k as you might pay £26k for a 56/07.
That suggests a £7k spread over the reg numbers or about £1500 per registration letter difference based on dealer retail pricing
Bennno
Are their actually any cars going to be on an 07 plate?
Take the £1500 over the 6months between the different reg numbers as cars depreciate month on month only £230-240 per month difference at the moment so a car on a 56 registered feb 2007 wouldnt have any real value over a car registered in march 2007 if their are any.
Go into the future a bit and whens things fall further that 7k spread will get less over the reg numbers as time goes on.
It doesnt quite work like that, a car at the end of registration number period isnt worth more than one registered at the start. Ergo a new 56 plate car once driven off the fourcourt is worth the same as a 56 plate car registered back in September.
Back to the original question, if there is any scope to pick up what must be one of the very last remaining cars on an 07 plate then its worth doing over taking as a 56. Its probably going to maintain at least a £500-£1k premium....if only for being clearly one of the very last registered.
Bennno
bennno said:
It doesnt quite work like that, a car at the end of registration number period isnt worth more than one registered at the start. Ergo a new 56 plate car once driven off the fourcourt is worth the same as a 56 plate car registered back in September.
Bennno
Cars depreciate month on month hence why a new glass's guide and a new cap guide come out every month so a car registered on a 56 plate in september has a value of X and one registered in february on a 56 plate has a different value. When you go to trade a car in they look and if its on a 56 plate its worth a certain amount but it does depend on the month you take it in.
Your statement their would mean a car doesnt depreciate at all for six months until the new reg comes out.
There is,what appears to be an unregistered, Red 05 VXR at Slaters in C/bay on the forecourt. No number plates on it. The other VXR and CV8's all have plates. Perhaps this might be a possible cadidate for an 07 reg? Been standing for while somewhere by the looks of it as there is moss on the door window trim.
after_Shock said:
bennno said:
It doesnt quite work like that, a car at the end of registration number period isnt worth more than one registered at the start. Ergo a new 56 plate car once driven off the fourcourt is worth the same as a 56 plate car registered back in September.
Bennno
Cars depreciate month on month hence why a new glass's guide and a new cap guide come out every month so a car registered on a 56 plate in september has a value of X and one registered in february on a 56 plate has a different value. When you go to trade a car in they look and if its on a 56 plate its worth a certain amount but it does depend on the month you take it in.
Your statement their would mean a car doesnt depreciate at all for six months until the new reg comes out.
You are missing my point and agreeing with it at the same time.
What I said was that both cars are worth about the same value being 56 reg'd as the value is based (roughly) on the current glasses guide in any given month.
The point of this is that the new car driven out of the dealers today would immediately have a trade market value similar to that of a new car registered back in September. Hence why you should delay until the next new reg when we are so close.
Personally the £27k for a new one is good value, but the £19,995 price that was asked for a low mileage 6.0L VXR the other week was astounding. Especially given the cheaper car may have come off the production line on the same day or later!!
Bennno
Its difficult to put in writing how it works but yeah they are a similar value being a 56 but as you say the later you get one on that reg the better as you will as a whole have lost less in that 6 months.
Did an exercise on the finance system at work today, in 4 years time the difference in value of an 05 and a 55 plate 6.0 VXR is a mere £100 so not really any better off holding out for that one digit newer plate.
Did an exercise on the finance system at work today, in 4 years time the difference in value of an 05 and a 55 plate 6.0 VXR is a mere £100 so not really any better off holding out for that one digit newer plate.
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