Seriously Overpriced Cars

Seriously Overpriced Cars

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grudas

1,308 posts

168 months

Thursday 20th February 2020
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Condi said:
Please tell me this isn't value??

£20k for a 20 year old RS4 with nearly 100,000 miles on the clock?!

https://www.autotrader.co.uk/classified/advert/202...
it is. They go for that and more

Condi

17,188 posts

171 months

Thursday 20th February 2020
quotequote all
grudas said:
it is. They go for that and more
I'm not sure, you can get one 7 years younger, with same miles, and more power (390 vs 414) for £8k less!

https://www.autotrader.co.uk/classified/advert/202...

And for the same money you can get a 13 year younger model, with 40,000 miles less.

https://www.autotrader.co.uk/classified/advert/202...

Fun Bus

17,911 posts

218 months

Thursday 20th February 2020
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But that’s a different generation RS4 completely?

Xcore

1,345 posts

90 months

Thursday 20th February 2020
quotequote all
Condi said:
grudas said:
it is. They go for that and more
I'm not sure, you can get one 7 years younger, with same miles, and more power (390 vs 414) for £8k less!

https://www.autotrader.co.uk/classified/advert/202...

And for the same money you can get a 13 year younger model, with 40,000 miles less.

https://www.autotrader.co.uk/classified/advert/202...
But the b5 is actually desirable hence higher prices?!

Condi

17,188 posts

171 months

Thursday 20th February 2020
quotequote all
What is so special about the previous generation?

anonymous-user

54 months

Thursday 20th February 2020
quotequote all
Condi said:
What is so special about the previous generation?
What's so special about a DB7 Vs a DB6 ... other than about £200k!

aaron_2000

5,407 posts

83 months

Thursday 20th February 2020
quotequote all
Condi said:
grudas said:
it is. They go for that and more
I'm not sure, you can get one 7 years younger, with same miles, and more power (390 vs 414) for £8k less!

https://www.autotrader.co.uk/classified/advert/202...

And for the same money you can get a 13 year younger model, with 40,000 miles less.

https://www.autotrader.co.uk/classified/advert/202...
The values have settled a bit now, but that's what they go for. By your logic, an E30 M3 is worth £8k because you can get a model that's 15 years newer for that.

Condi

17,188 posts

171 months

Thursday 20th February 2020
quotequote all
aaron_2000 said:
The values have settled a bit now, but that's what they go for. By your logic, an E30 M3 is worth £8k because you can get a model that's 15 years newer for that.
Fair enough, each to their own maybe.

I certainly won't be paying £20k for a leggy 20 year old Audi, but if other people will the c'est la vie. biggrin

uncleluck

484 posts

51 months

Thursday 20th February 2020
quotequote all
Condi said:
Fair enough, each to their own maybe.

I certainly won't be paying £20k for a leggy 20 year old Audi, but if other people will the c'est la vie. biggrin
You know this is a car enthusiasts forum, right? laugh

Saying it’s worth less because it’s an older model is a strange thing to say, well maybe not for

It’d be a far more desirable model to own for me and a mint example would be in my stable if I won the lotto (amongst other classic machinery)

Also, I keep reading (recently) people saying things about older performance cars being “taxed off the road” and other such joyful comments. Again, what the hell chaps!

Funnily enough the worst polluting old cars that run on our roads today are free to tax if they’re over 40 years old. AFAIK that’s a rolling setup so we’re at 1980 now for tax exemption. By the time new cars are “all EV” in 2035 we’ll be up to 1995 cars being tax exempt & so on.

Condi

17,188 posts

171 months

Thursday 20th February 2020
quotequote all
uncleluck said:
You know this is a car enthusiasts forum, right? laugh
Well aware, thanks!

'Desirable' is a personal choice though, and I had no idea that enough other people liked that age/model for it to be worth so much. For similar money you can get a 1960's Mustang, which (to me) is a much more interesting and desirable car. The Audi, on the other hand, does nothing. It looks bland, it hasn't aged well (IMO), and hasn't got the historical importance or the legacy of the Mustang. I owned an A4 of the same age on which that RS4 is based, and wouldn't rush to buy another one.

Hence why it is a case of each to their own.

supacool1

370 posts

179 months

Thursday 20th February 2020
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mike74

3,687 posts

132 months

Thursday 20th February 2020
quotequote all
uncleluck said:
Also, I keep reading (recently) people saying things about older performance cars being “taxed off the road” and other such joyful comments. Again, what the hell chaps!

Funnily enough the worst polluting old cars that run on our roads today are free to tax if they’re over 40 years old. AFAIK that’s a rolling setup so we’re at 1980 now for tax exemption. By the time new cars are “all EV” in 2035 we’ll be up to 1995 cars being tax exempt & so on.
You do realise that governments can (and often do) change tax regimes at will and on the slightest whim, don't you?

uncleluck

484 posts

51 months

Thursday 20th February 2020
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mike74 said:
You do realise that governments can (and often do) change tax regimes at will and on the slightest whim, don't you?
I’m not super clued up on that but I can’t think of an occasion where they’ve retrospectively made a huge change that’d be enough to warrant doom and gloomers on here going HAHA (in a Nelson from the simpsons style)

mike74

3,687 posts

132 months

Friday 21st February 2020
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uncleluck said:
I’m not super clued up on that but I can’t think of an occasion where they’ve retrospectively made a huge change that’d be enough to warrant doom and gloomers on here going HAHA (in a Nelson from the simpsons style)
But if the prices of performance/exotic/classic cars come down due to punitive tax regimes and other disincentives that's not being doom and gloom for a true motoring enthusiast and petrolhead is it?

That's only a doom and gloom scenario for those ''investors'' who are wanting the prices of such cars to remain high and rising.

uncleluck

484 posts

51 months

Friday 21st February 2020
quotequote all
mike74 said:
But if the prices of performance/exotic/classic cars come down due to punitive tax regimes and other disincentives that's not being doom and gloom for a true motoring enthusiast and petrolhead is it?

That's only a doom and gloom scenario for those ''investors'' who are wanting the prices of such cars to remain high and rising.
If the taxes are punitive and there’s disincentives then of coarse it’s a bad thing for enthusiasts! We’re the first who will be effected as it doesn’t work like that for rich people, they’re not going to care about tax and rich folk can do what they do now & buy them at auctions for huge prices. It’s not going to drop prices as it’s simple supply & demand. If people have a want for them and they’re wealthy enough they will be fighting over them at auction.

I still don’t believe they’ll do that though. As I said, the worst polluting cars on our roads today are old classics and they’re free to tax and you don’t even have to MOT them.

I just keep reading this doom and gloom rubbish on here and they must just be jealous people that can’t have what they want now let alone later in life.

“Wait til they do away with this”
“Wait til they tax that”
“Wait til you cant buy fuel”
“Get used to it”

HA HA!

anonymous-user

54 months

Friday 21st February 2020
quotequote all
uncleluck said:
mike74 said:
But if the prices of performance/exotic/classic cars come down due to punitive tax regimes and other disincentives that's not being doom and gloom for a true motoring enthusiast and petrolhead is it?

That's only a doom and gloom scenario for those ''investors'' who are wanting the prices of such cars to remain high and rising.
If the taxes are punitive and there’s disincentives then of coarse it’s a bad thing for enthusiasts! We’re the first who will be effected as it doesn’t work like that for rich people, they’re not going to care about tax and rich folk can do what they do now & buy them at auctions for huge prices. It’s not going to drop prices as it’s simple supply & demand. If people have a want for them and they’re wealthy enough they will be fighting over them at auction.

I still don’t believe they’ll do that though. As I said, the worst polluting cars on our roads today are old classics and they’re free to tax and you don’t even have to MOT them.

I just keep reading this doom and gloom rubbish on here and they must just be jealous people that can’t have what they want now let alone later in life.

“Wait til they do away with this”
“Wait til they tax that”
“Wait til you cant buy fuel”
“Get used to it”

HA HA!
What do you mean by most polluting? Based on their general usage classics are certainly not the most polluting, trucks / HGVs are.

I pay £575 or whatever VED for my Vantage, it does 2k miles per year, a car with 10% of the emissions that does x20 the mileage is twice as polluting, technically.

Our VED system is rubbish, it should be 0 and additional on the fuel, same for EV’s (which is going to happen as more people switch).

John Locke

1,142 posts

52 months

Friday 21st February 2020
quotequote all
Lord.Vader said:
uncleluck said:
mike74 said:
But if the prices of performance/exotic/classic cars come down due to punitive tax regimes and other disincentives that's not being doom and gloom for a true motoring enthusiast and petrolhead is it?

That's only a doom and gloom scenario for those ''investors'' who are wanting the prices of such cars to remain high and rising.
If the taxes are punitive and there’s disincentives then of coarse it’s a bad thing for enthusiasts! We’re the first who will be effected as it doesn’t work like that for rich people, they’re not going to care about tax and rich folk can do what they do now & buy them at auctions for huge prices. It’s not going to drop prices as it’s simple supply & demand. If people have a want for them and they’re wealthy enough they will be fighting over them at auction.

I still don’t believe they’ll do that though. As I said, the worst polluting cars on our roads today are old classics and they’re free to tax and you don’t even have to MOT them.

I just keep reading this doom and gloom rubbish on here and they must just be jealous people that can’t have what they want now let alone later in life.

“Wait til they do away with this”
“Wait til they tax that”
“Wait til you cant buy fuel”
“Get used to it”

HA HA!
What do you mean by most polluting? Based on their general usage classics are certainly not the most polluting, trucks / HGVs are.

I pay £575 or whatever VED for my Vantage, it does 2k miles per year, a car with 10% of the emissions that does x20 the mileage is twice as polluting, technically.

Our VED system is rubbish, it should be 0 and additional on the fuel, same for EV’s (which is going to happen as more people switch).
Exactly, VED is iniquitous; vehicles with heavy fuel consumption are either heavy, inefficient, or both, poluuting more than lighter / more efiicient vehicle per mile travelled. Since they consume more fuel, the user pays more tax per mile already.
Besides the abolition of VED, all that needs to change is a loading on diesel fuel to reflect the health damaging effects of its use, and a realistic taxation system for electric vehicles to take account of whole life pollution, including manufacture and disposal, plus of course to balance the books.


Edited by John Locke on Saturday 22 February 06:11

uncleluck

484 posts

51 months

Friday 21st February 2020
quotequote all
Lord.Vader said:
What do you mean by most polluting? Based on their general usage classics are certainly not the most polluting, trucks / HGVs are.

I pay £575 or whatever VED for my Vantage, it does 2k miles per year, a car with 10% of the emissions that does x20 the mileage is twice as polluting, technically.

Our VED system is rubbish, it should be 0 and additional on the fuel, same for EV’s (which is going to happen as more people switch).
Yes I know you’re getting at the fact that they don’t do the miles but my reply was to someone in relation to them saying performance cars will be taxed off the road.

My point was it’s not the case usually as even the oldest dirtiest cars (no CATs, really juicy) get to the point it’s free to tax and that’s a rolling thing.


C4ME

1,157 posts

211 months

Friday 21st February 2020
quotequote all
uncleluck said:
Funnily enough the worst polluting old cars that run on our roads today are free to tax if they’re over 40 years old. AFAIK that’s a rolling setup so we’re at 1980 now for tax exemption. By the time new cars are “all EV” in 2035 we’ll be up to 1995 cars being tax exempt & so on.
It has to be kept in perspective though because the number of cars over 40 years old driving on the roads is tiny so the polution effect is negligable. Hence their exclusion from London ULEZ charges.

Edited by C4ME on Friday 21st February 15:34

Adam B

27,230 posts

254 months

Friday 21st February 2020
quotequote all
Lord.Vader said:
What do you mean by most polluting? Based on their general usage classics are certainly not the most polluting, trucks / HGVs are.

I pay £575 or whatever VED for my Vantage, it does 2k miles per year, a car with 10% of the emissions that does x20 the mileage is twice as polluting, technically.

Our VED system is rubbish, it should be 0 and additional on the fuel, same for EV’s (which is going to happen as more people switch).
quite apart from the fact you eradicate car tax dodgers, and force their payment via fuel