6/7 Year Old Audi/BMW/VW/MB Not Selling?
Discussion
grahamr88 said:
NelsonR32 said:
I've got first dibbs on a garaged 100k mile, 1 owner in Avus silver. The guy is approaching 70 and will be getting shot in the next few years.
Seems like rather an extreme way to get the blokes car off him!
grahamr88 said:
NelsonR32 said:
I've got first dibbs on a garaged 100k mile, 1 owner in Avus silver. The guy is approaching 70 and will be getting shot in the next few years.
Seems like rather an extreme way to get the blokes car off him!
Nelson should buy the car like the rest of us have to.The `book` is not worth the paper it`s printed on, as a `performance` car that is still for sale after 12 months proves. Any car is only worth what people want to pay, so to say it isn`t over priced when it clearly isn`t selling is just daft. Times have moved on and people don`t want to pay a lot for a 10 year old plus car which when, not if, it goes wrong, will cost a small mortgage to repair.
This is a very important topic, and a great deal of sense has been mentioned here already .
cars seem to date very quickly it seems .
What about applying the principles up and down the price spectrum too ; nobody will mind when your 7 year old kia gets towed to the scrapyard , but will the technology and indeed technicians be around in 25 years to fix your 458 Ferrari ?
cars seem to date very quickly it seems .
What about applying the principles up and down the price spectrum too ; nobody will mind when your 7 year old kia gets towed to the scrapyard , but will the technology and indeed technicians be around in 25 years to fix your 458 Ferrari ?
mickyveloce said:
This is a very important topic, and a great deal of sense has been mentioned here already .
cars seem to date very quickly it seems .
What about applying the principles up and down the price spectrum too ; nobody will mind when your 7 year old kia gets towed to the scrapyard , but will the technology and indeed technicians be around in 25 years to fix your 458 Ferrari ?
It's only a problem for used car owners. If I had a new 458 now I'm pretty sure I'd have whatever is going to replace it seven years from now. No-one is forced to buy old, complex machinery.cars seem to date very quickly it seems .
What about applying the principles up and down the price spectrum too ; nobody will mind when your 7 year old kia gets towed to the scrapyard , but will the technology and indeed technicians be around in 25 years to fix your 458 Ferrari ?
mickyveloce said:
What about applying the principles up and down the price spectrum too ; nobody will mind when your 7 year old kia gets towed to the scrapyard , but will the technology and indeed technicians be around in 25 years to fix your 458 Ferrari ?
I hear this a lot and I don't think it's much to be worried about, particularly for higher-end vehicles. In 25 years there will be a small box for classic 458 owners that handles everything the old dedicated electronics did in easily-reprogrammable software instead of exotic small production run hardware. Technology progresses at an astonishing rate and what is cutting edge now becomes trivial 10 years down the line.
dowahdiddyman said:
The `book` is not worth the paper it`s printed on, as a `performance` car that is still for sale after 12 months proves. Any car is only worth what people want to pay, so to say it isn`t over priced when it clearly isn`t selling is just daft. Times have moved on and people don`t want to pay a lot for a 10 year old plus car which when, not if, it goes wrong, will cost a small mortgage to repair.
You're missing the point. It's a specialised car for a specialised market which is very limited. Mr average won't look at a costly 10 year old car for sale at over £10k, yet on the forums the best ones get snapped up for more than that.
Hence the same reason 6-7 year old barges are not selling too, people want economy and cheap maintenance these days
Prestiege German cars are a funny one.
You only need to take a look at eBay auction listings to realise that they are in demand, with listings usually reaching book value or more.
The problem for dealers is that the majority of ones taken in on a PX are going to dog rough, therefore the cost to bring them to a retailable state is going to destroy any profit margin.
The kind of person who buys a 530d probably isn't going to want to spend the money to keep it in good order once the bills come rolling in at 100k and 5-6 years old.
Unlucky private buyers buy the s
t ones. The maintained ones go to enthusiasts and dealers are left with anything in between.
You only need to take a look at eBay auction listings to realise that they are in demand, with listings usually reaching book value or more.
The problem for dealers is that the majority of ones taken in on a PX are going to dog rough, therefore the cost to bring them to a retailable state is going to destroy any profit margin.
The kind of person who buys a 530d probably isn't going to want to spend the money to keep it in good order once the bills come rolling in at 100k and 5-6 years old.
Unlucky private buyers buy the s
t ones. The maintained ones go to enthusiasts and dealers are left with anything in between.Gassing Station | General Gassing | Top of Page | What's New | My Stuff