Nobody wants big engined petrols for trade-in.

Nobody wants big engined petrols for trade-in.

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Discussion

Acheron

Original Poster:

643 posts

165 months

Friday 3rd June 2011
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a_bread said:
I know what you mean. I just sold one big engined petrol for another so what I lost on one side of the trade I made up for (maybe more than) on the other. It's only a problem if you want to step away into a more popular genre of car (such as a nearly new diesel supermini ... and who wants to do that)
Going from the big fat diesel v6 to a 2.0 diesel repmobile estate... Im on a loser i think biggrin

greggy50

6,175 posts

192 months

Friday 3rd June 2011
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bimsb6 said:
monaros are holding their money pretty well.
Really you can get them for sub 10k now so 1/3 of price in 5 years nothing amazing...

Hudson

1,857 posts

188 months

Friday 3rd June 2011
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Well this fills me with confidence. Who wants my ST24? >_>


this is why im saving up for my next car, then once i buy it, i just sell the ST privatly for whatever i can get for it.


Bungleaio

6,339 posts

203 months

Friday 3rd June 2011
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This is why I went LPG. 20mpg is a lot easier to bare when you are only paying 70p a litre.

a_bread

721 posts

186 months

Friday 3rd June 2011
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Acheron said:
to a 2.0 diesel repmobile estate... Im on a loser i think biggrin
The (fuel) saving has been eroded by the amount you have to pay to "buy" that saving confused . Stand by and let the herds do it!

ehonda

1,483 posts

206 months

Friday 3rd June 2011
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jbi said:
when it rusts to death you can always rebuild it into a dedicated offroader smile
That's part of my reasoning and i'm kind of looking forward to that.
I was going to blow > 30K on a FFRR, but just couldn't convince myself that it would be that much better suited to my needs, as much as I wanted one. So I bought a cheap and cheerful MX-5, spent a bit of cash on the disco and still saved myself > 30K.
TBH mpg is way down my list of concerns (just as well!) as I don't do that many miles.

With these feet

5,728 posts

216 months

Friday 3rd June 2011
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Bungleaio said:
This is why I went LPG. 20mpg is a lot easier to bare when you are only paying 70p a litre.
But unless youre doing intergalactic mileages, it can take a couple of years to recoup the initial outlay.
Plus LPG is getting more and more expensive as the government realise they can cream more taxes from it.

If you work out outlay against actual costs and resale over a few yeras, the only person to benefit from LPG is the second owner!

milu

2,355 posts

267 months

Friday 3rd June 2011
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I've just gone through this.
I was finding it hard to justify the £700-£800 per month that I was putting in a petrol Touareg.
I ,as most on here,like to have the car I want,not the car I should have but the Treg as a daily drive was starting to get on my t*ts ,forever at the petrol station.

Thing was,nobody wants 'em so trading was difficult.
I finally did a deal on a A6 2.7 tdi......I had to put money in but at the moment im approx £80 a week up!!

What's even better is, it's nicer to drive and be in than the Treg so I'm happy.
Also I can now drive as I want to without wondering how much cash I'm wasting.

With these feet

5,728 posts

216 months

Friday 3rd June 2011
quotequote all
milu said:
I've just gone through this.
I was finding it hard to justify the £700-£800 per month that I was putting in a petrol Touareg.
I ,as most on here,like to have the car I want,not the car I should have but the Treg as a daily drive was starting to get on my t*ts ,forever at the petrol station.

Thing was,nobody wants 'em so trading was difficult.
I finally did a deal on a A6 2.7 tdi......I had to put money in but at the moment im approx £80 a week up!!

What's even better is, it's nicer to drive and be in than the Treg so I'm happy.
Also I can now drive as I want to without wondering how much cash I'm wasting.
You do realise you can switch the engine off when youre not using it dont you... smile

How many miles were you doing??

milu

2,355 posts

267 months

Friday 3rd June 2011
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Up to 600 a week.
About 4 weeks ago,just before I sold the Treg I put £300 in one week!!!

Bungleaio

6,339 posts

203 months

Friday 3rd June 2011
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With these feet said:
But unless youre doing intergalactic mileages, it can take a couple of years to recoup the initial outlay.
Plus LPG is getting more and more expensive as the government realise they can cream more taxes from it.

If you work out outlay against actual costs and resale over a few yeras, the only person to benefit from LPG is the second owner!
I've broken even after 12 months of having the conversion done, I'm planning on keeping the car for another 2 years so it makes sense to me. Fuel has gone up 10p a litre in the past year, I'm not sure how much petrol has gone up as i don't buy it much anymore, I've only filled up twice so far this year.

Pannywagon

1,042 posts

187 months

Friday 3rd June 2011
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alfabadass said:
Pannywagon said:
I can't even get rid of my IS200 as a trade in now (believe me I've tried) because it's supposedly too much of a gas guzzler.

It's got a 2litre engine ffs.
The IS200 is pretty bad for 2.0
Don't let the facts get in the way of a good rant.

MC Bodge

21,720 posts

176 months

Friday 3rd June 2011
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4 years ago I went from a 220bhp turbo petrol to a 130bhp turbo diesel Mondeo estate and my running/insurance costs approximately halved. VED would now also be a saving.

Do I miss the the performance? Sometimes, but it is comfy, practical handles well and is quick enough for most driving. There's no point selling it as there are few cars that are an improvement for cheap prices.


...oh yes, and I ride a bike too which is far better!

daemon

35,884 posts

198 months

Friday 3rd June 2011
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Why are people surprised trade in values are naff?

If people dont have the confidence that they can sell their own car privately then how can they expect a dealer to be able to sell it?

If you really really want rid of a big engined petrol, then advertise it privately until it sells, and if necessary buy a banger for a week or two until you get the right car. Its maybe a more convoluted route, but you will be quids in at the end of it.

If its of any consolation to the O/P - and it wont be - even 'average' engined petrol cars are being valued at maybe £1000 below book price - actually we were offered a very very nice 2008 1.8 car at £1400 below book price.

Also, this month glasses guide has dropped dramatically for a lot of cars - for stuff we regularly would bid for and aim to buy there has been a 10% drop in value since last month, so dealers are having to factor that in.

daemon

35,884 posts

198 months

Friday 3rd June 2011
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Acheron said:
Went to look at a car today, and three out of three times, i've been offered £1500 lower than the book price. (Mondeo st220).

As the dealer, probably correctly said, 'we dont need them, we cant shift them, and people dont want to buy them, they all want little diesels then can pay £20 a year road tax on'.

Bah. Might just keep it now and keep punching holes in the o-zone layer with it, just to prove a point.
I would be curious to know how you know its £1500 below current bottom book trade price and was that CAP or Glasses guide?

loose cannon

6,030 posts

242 months

Friday 3rd June 2011
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PhilboSE said:
Seriously, why do people worry about the road tax as part of the cost of running a car? Yes it's a cost to be borne but nothing compared to the depreciation of the car.

This should mean that there's some good deals out there to be done. During the onset of the last credit crunch and rocketing fuel prices I must have been one of the few shopping for a big V8 4x4, and a nice Audi dealer practically gave away an ex-demo model to me.
to put it into context my mother drives a clio dci she got it newin 06 it costs £20 to tax and she only fill's it up once a month it does 58 mpg+ group 5 insurance just had its first set of boots at 36k it cost's her very little to run and does her nicely, she has no interest in cars only interest for her is cost of running, its safe,easy to drive light etc, and enough room for the garden centre and grandchildren, and i should imagine a good 70% of all car owners in this country have a similar view as to there next purchase, give it 5 years and the guzzlers will be out of production, as horrid as it sounds i just cant see people putting up with the fuel prices and they are not going to get cheaper even the wealthy will soon get cheased off with paying £130 to fill there car twice a week

Edited by loose cannon on Friday 3rd June 21:25

LeoSayer

7,312 posts

245 months

Friday 3rd June 2011
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Dealers always have an excuse for why your car is worth less than book price.

I bought a twin-turbo four wheel drive V6 automatic estate while petrol was 85p a litre. The car pretty much lost half it's value in the space of 6 months thanks to the increase in fuel price. While I do under 5,000 miles a year it really doesn't bother me, except the wife now wants to replace it with a soft roader.

I would certainly have a problem with paying £450 a year in road tax unless the car was very special (ie. Vantage, R8, RS6 special). I expect that to be £700+ in a few years time.

evoboy69

51 posts

197 months

Friday 3rd June 2011
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Modern diesels make 200 ish bhp v6 saloons look and feel completely pointless! Cheap road tax, 40 mpg no matter how hard you drive and no longer the need for ear plugs!

Sadly, the only real place now for petrols is in small lightweight hatchbacks or proper sports cars.






Wills2

22,982 posts

176 months

Friday 3rd June 2011
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The majority of people don't want petrol engined cars anymore.

Even people with a few quid to spend don't want them hence the biggest selling 6 series was the 635d and it will be the 640d in the new one.

Petrolheads such as us are a small part of the motoring public, most people couldn't give a fig what powers the car.

Trader friends of mine say they have a steady stream of people trading in petrol engined cars for small diesel hatchbacks.

The first cars to take a hammering are the blue collar V6's like the 220ST's and VXR vectras no one really wants them anymore.

But I have to ask why do petrolheads want to sell? All you are doing is capitalising the loss the car is still as good as it was, whether it's worth 5k or 500 quid, I'd keep it and enjoy it while you can.


MC Bodge

21,720 posts

176 months

Friday 3rd June 2011
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evoboy69 said:
Modern diesels make 200 ish bhp v6 saloons look and feel completely pointless! Cheap road tax, 40 mpg no matter how hard you drive and no longer the need for ear plugs!
Very true, but they are also storing up very big bills for the 2nd or 3rd owner.....