Seriously Overpriced Cars
Discussion
irish boy said:
A friend of mine sold a 17k example about 18 months ago for £15.5k.
There have been a few going for 12-15K depending on mileage in the recent past. Even that's insane money for a car that was 15K new not that long ago. Still if people are prepared to pay it good luck to the vendors.
p1stonhead said:
Whoa have trophy's really gone that high? Last time I checked an ok one could be had for £6-7k!
You can still get a decent car for that money but an ultra low mile minter has suddenly jumped up to insane money. I guess it will start to drag values of them all upwards.Edit to add: I'd rather buy a mint 182 with low miles, fit some refurbished Sachs, some better seats and pocket the 13k difference personally.
Edited by Motorrad on Friday 5th May 15:17
Motorrad said:
p1stonhead said:
Whoa have trophy's really gone that high? Last time I checked an ok one could be had for £6-7k!
You can still get a decent car for that money but an ultra low mile minter has suddenly jumped up to insane money. I guess it will start to drag values of them all upwards.Edit to add: I'd rather buy a mint 182 with low miles, fit some refurbished Sachs, some better seats and pocket the 13k difference personally.
Edited by Motorrad on Friday 5th May 15:17
Both of mine felt like half of the parts were made out of cardboard.
Work colleague is interested in 911 turbos; 35-big-ones for a 17 year old car that has 130,000 miles on the clock !
http://www.autotrader.co.uk/classified/advert/2017...
Blimey !
Alloys have seen better days also, and the engine bay looks like it could do with a clean up for sale time.
I think its adverts like this one that will eventually make buyers realise how crazy the 2nd hand performance car market is right now.
With the bubble about to possibly burst, I think there are plenty sellers out there who are getting a little worried and are wanting to cash in now with seriously overpriced asking amounts before the penny drops with buyers.
http://www.autotrader.co.uk/classified/advert/2017...
Blimey !
Alloys have seen better days also, and the engine bay looks like it could do with a clean up for sale time.
I think its adverts like this one that will eventually make buyers realise how crazy the 2nd hand performance car market is right now.
With the bubble about to possibly burst, I think there are plenty sellers out there who are getting a little worried and are wanting to cash in now with seriously overpriced asking amounts before the penny drops with buyers.
Motorrad said:
Insane money for what is very little more than a regular Clio 182 with fancy dampers and half the toys missing.
As soon as you started to use the thing you'd be removing a chunk of it's value. I guess the idea is sell to someone who is going to add it to a collection and the thing will rarely get used.
That's the problem with these kinds of cars and why I'm not convinced on how those prices are justified. Like you say, it's a Clio 182 Cup with a specific paint, fancy dampers and some nice seats. It's a more track focussed version of a 182. As soon as you started to use the thing you'd be removing a chunk of it's value. I guess the idea is sell to someone who is going to add it to a collection and the thing will rarely get used.
Thing is, if you buy one at over £15k are you going to use it for it's intended purpose, track days? No, as it'll lose value so you buy it because you have to have a stock Trophy and intend on garaging it.
It seems that there's a bandwagon people are jumping on whereby rare but not old enough to be classic cars just have the prices inflated. I love a RenaultSport, be it a Clio, Megane, Twingo but these prices seem a bit laughable. It's almost like people see the value of classic hot hatches like a 205 GTi or Renault 5GTT and assume that a rare car half it's age will go up so price them up. Forgetting that they're still modern and not really that old.
Edited by Alex_225 on Friday 5th May 17:02
It doesnt strike me (yet) as a highly collectable car or something you could stow away safe in the knowledge you'll make money on it. If you're someone with money like Metcalfe who owns one then you'll actually use the car as a runaround, so buying one for £17k seems pointless, you'd get a minter for £5-6k at most.
Alex_225 said:
That's the problem with these kinds of cars and why I'm not convinced on how those prices are justified. Like you say, it's a Clio 182 Cup with a specific paint, fancy dampers and some nice seats. It's a more track focussed version of a 182.
Thing is, if you buy one at over £15k are you going to use it for it's intended purpose, track days?
I don't even think they are that great for track days compared to a properly sorted 182. They excel as a car to use on UK B roads as standard.Thing is, if you buy one at over £15k are you going to use it for it's intended purpose, track days?
While I really like them this crack pipe pricing astounds me.
something very dodgy there. It sort of reminds me of some young lad on some other motoring forum (forgot which), that took out a loan from a dealer for £6000 on a early 00s clio that was worth probably half that, it didn't even have the alloy wheels that were standard for the spec he bought but steelies.
ambuletz said:
something very dodgy there. It sort of reminds me of some young lad on some other motoring forum (forgot which), that took out a loan from a dealer for £6000 on a early 00s clio that was worth probably half that, it didn't even have the alloy wheels that were standard for the spec he bought but steelies.
i remember that i think he was a delivery driver but justified it it as it was 50 quid a week or something like that.sleepera6 said:
p1stonhead said:
This one isn't necessarily overpriced now but it obviously was at one time! 
Love the complete lack of effort. Just take a new picture FFS!
Its been on sale for a long time at the worst dealership in the world!Love the complete lack of effort. Just take a new picture FFS!
Gassing Station | General Gassing | Top of Page | What's New | My Stuff