Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

CraigyMc

16,423 posts

237 months

Tuesday 14th March 2023
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Rufus Stone said:
Demelitia said:
Speaking of overpriced Fords…
https://www.autotrader.co.uk/car-details/202205185...

Must be the 3 keys that really make it worth that amount.
It's a typo, £3785 on their website.
£37.85, surely?

ambuletz

10,754 posts

182 months

Wednesday 15th March 2023
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£7k for a '09 swift

I get that it's low mileage, but who on earth would spend nearly £7k on a rather ordinary small hatchback as the swift that is already 14 years old.
There seems to be a handful of these (some as old as 2006) being priced for £5k upwards. I've no idea who would ever want to buy them.

Downward

3,607 posts

104 months

Wednesday 15th March 2023
quotequote all
Rufus Stone said:
Demelitia said:
Speaking of overpriced Fords…
https://www.autotrader.co.uk/car-details/202205185...

Must be the 3 keys that really make it worth that amount.
It's a typo, £3785 on their website.
That’s not bad for a 58k.
Looks clean too.

V 02

2,053 posts

61 months

Wednesday 15th March 2023
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james6546

988 posts

52 months

Wednesday 15th March 2023
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Two for you:

I suspect this one is priced wrongly, unless they value the numberplate at £27k.

https://www.ebay.co.uk/itm/115731306153?mkcid=16&a...



This one, I've posted before, but is back up for sale. I reckon judging by his other listings the seller is just nuts. Look at the rust on the rear wheel arch. My £2k 9-3 doesn't have that.

https://www.ebay.co.uk/itm/115728861831?mkcid=16&a...


texaxile

3,294 posts

151 months

Wednesday 15th March 2023
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james6546 said:
This one, I've posted before, but is back up for sale. I reckon judging by his other listings the seller is just nuts. Look at the rust on the rear wheel arch. My £2k 9-3 doesn't have that.

https://www.ebay.co.uk/itm/115728861831?mkcid=16&a...

looking at his other items, that spanner wants £500 BIN for a secondhand jacket that can be found for $20 in the USA, or a similar one for £7 on vinted. What an absolute tool.

As for the car, it's not only £16k overpriced, it is also a total and utter nail. I like how he backs everything up with "not a cheap job"...

BlindedByTheLights

1,270 posts

98 months

Wednesday 15th March 2023
quotequote all
texaxile said:
james6546 said:
This one, I've posted before, but is back up for sale. I reckon judging by his other listings the seller is just nuts. Look at the rust on the rear wheel arch. My £2k 9-3 doesn't have that.

https://www.ebay.co.uk/itm/115728861831?mkcid=16&a...

looking at his other items, that spanner wants £500 BIN for a secondhand jacket that can be found for $20 in the USA, or a similar one for £7 on vinted. What an absolute tool.

As for the car, it's not only £16k overpriced, it is also a total and utter nail. I like how he backs everything up with "not a cheap job"...
It’s like they’ve taken the price they bought the car at, added every repair cost they’ve spent on it, and arrived at a sale price as a total of these biggrin

krisdelta

4,566 posts

202 months

Saturday 18th March 2023
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2003 530d with no service history and apparently someone has already offered £6,500 for it. Have I missed the memo, £9,500 is a ridiculous price for this. Trade value @ £2k?



DodgyGeezer

40,538 posts

191 months

Saturday 18th March 2023
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krisdelta said:
2003 530d with no service history and apparently someone has already offered £6,500 for it. Have I missed the memo, £9,500 is a ridiculous price for this. Trade value @ £2k?


green?

Longy00000

1,353 posts

41 months

Saturday 18th March 2023
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Well taking his word for it as being excellent condition etc hos beemer according to
Arnold clark valuation subject to inspection


As a private sale surely it's about £3,500 or maybe I'm just on another plant these days

BrotherMouzone

3,169 posts

175 months

Tuesday 21st March 2023
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ingenieur

4,097 posts

182 months

Tuesday 21st March 2023
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BrotherMouzone said:
I think that one has been on before.

ingenieur

4,097 posts

182 months

Tuesday 21st March 2023
quotequote all
Longy00000 said:
Well taking his word for it as being excellent condition etc hos beemer according to
Arnold clark valuation subject to inspection


As a private sale surely it's about £3,500 or maybe I'm just on another plant these days
I think it's the low~ish mileage which makes it worth more. But it shouldn't be worth quite that much more.

Shabaza

210 posts

98 months

Tuesday 21st March 2023
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https://www.autotrader.co.uk/car-details/202303155...

Think he forgot to mention there must be £10k+ stashed in the car

TREMAiNE

3,918 posts

150 months

Tuesday 21st March 2023
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Shabaza said:
https://www.autotrader.co.uk/car-details/202303155...

Think he forgot to mention there must be £10k+ stashed in the car
I does look like a genuinely lovely example. A little sad that they've sunk £30k into it. If genuine and really restored that standard, I don't think £15k is that bad an asking price. The problem is WHY would you?
It's not special enough to stick in a collection and if you use it, it will drop in value like a stone.

Unless you specifically want to daily that sort of car and don't mind paying a premium for such an excellent example, there isn't really a market for it.

LittleBigPlanet

1,125 posts

142 months

Tuesday 21st March 2023
quotequote all
TREMAiNE said:
Shabaza said:
https://www.autotrader.co.uk/car-details/202303155...

Think he forgot to mention there must be £10k+ stashed in the car
I does look like a genuinely lovely example. A little sad that they've sunk £30k into it. If genuine and really restored that standard, I don't think £15k is that bad an asking price. The problem is WHY would you?
It's not special enough to stick in a collection and if you use it, it will drop in value like a stone.

Unless you specifically want to daily that sort of car and don't mind paying a premium for such an excellent example, there isn't really a market for it.
Agreed, it's a bit of an oddity in that sense. Surely, if you're not out to make a profit (the numbers don't add up here), you'd just keep it and run it into the ground given that it owes you over £30k.

E63eeeeee...

3,915 posts

50 months

Tuesday 21st March 2023
quotequote all
TREMAiNE said:
Shabaza said:
https://www.autotrader.co.uk/car-details/202303155...

Think he forgot to mention there must be £10k+ stashed in the car
I does look like a genuinely lovely example. A little sad that they've sunk £30k into it. If genuine and really restored that standard, I don't think £15k is that bad an asking price. The problem is WHY would you?
It's not special enough to stick in a collection and if you use it, it will drop in value like a stone.

Unless you specifically want to daily that sort of car and don't mind paying a premium for such an excellent example, there isn't really a market for it.
Well, that's just odd. You spend 30k on a 3k car and expect someone to give you 15k for it. But it's now just a very tidy 3k car. I don't understand why you wouldn't buy a better place to start - you could get a very decent 80k manual for 6k or so, and probably spend less on the resto. Or for 33k you'd be right at the top end of M3 money. I've got two of these, so I'm hardly in a position of being entirely sensible myself, but that seems nuts. Still, I guess I should support anyone trying to drive up the 330Ci market.

thelostboy

4,570 posts

226 months

Tuesday 21st March 2023
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You're looking for the one guy who had one back when they were new who wants to relive the nostalgia.

Not sure how you can call this one overpriced if he's really spent £30,000 on parts.

E63eeeeee...

3,915 posts

50 months

Tuesday 21st March 2023
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thelostboy said:
You're looking for the one guy who had one back when they were new who wants to relive the nostalgia.

Not sure how you can call this one overpriced if he's really spent £30,000 on parts.
Mostly replacing things that didn't need it and would have outlasted the car, and afaict it's still got a 120k engine in it.

It does sound like he enjoys the rebuild process, so fair play, but if you wanted it to be worth M3 money at 120k, you'd surely have been better off rebuilding the engine, addressing the underbody rust and skimping on the boot trim.

thelostboy

4,570 posts

226 months

Tuesday 21st March 2023
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Don't disgree... but I can imagine if I was retired and bored this would be the sort of thing I'd waste my time doing! So a result, can't really knock it.