Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

Mr lestat

4,318 posts

190 months

Monday 9th March 2020
quotequote all
dudleybloke said:
That’s still there at that price. Got to assume it’s 2 decimal places out but even then that’s high

Falconer

299 posts

50 months

Monday 9th March 2020
quotequote all
What about a new basic Vauxhall Corsa for £16k?

paulrockliffe

15,692 posts

227 months

Monday 9th March 2020
quotequote all
Falconer said:
What about a new basic Vauxhall Corsa for £16k?
That bit of the market makes no sense at all until you look at the monthly.

Why would you spend £16k on a car and end up with a Corsa? You just wouldn't, you can get a better used car for £8k without any bother and there's stuff down near £5k that would be better value. Think of the coke and hookers you'd get with the extra £11k and tell me you'd rather pay for the Corsa?

But that £16k is £145 a month to lease.

anonymous-user

54 months

Monday 9th March 2020
quotequote all
Mr lestat said:
dudleybloke said:
That’s still there at that price. Got to assume it’s 2 decimal places out but even then that’s high
I think it's another way of writing 'POA'. That's not the actual price.

mike74

3,687 posts

132 months

Monday 9th March 2020
quotequote all
paulrockliffe said:
That bit of the market makes no sense at all until you look at the monthly.

Why would you spend £16k on a car and end up with a Corsa? You just wouldn't, you can get a better used car for £8k without any bother and there's stuff down near £5k that would be better value. Think of the coke and hookers you'd get with the extra £11k and tell me you'd rather pay for the Corsa?

But that £16k is £145 a month to lease.
Just shows how the sad inadequate debt junkies have pushed up the prices of everything for everyone... all to fuel their fragile egos with the need to be seen driving around in something they can't actually afford to buy.

aaron_2000

5,407 posts

83 months

Monday 9th March 2020
quotequote all
mike74 said:
paulrockliffe said:
That bit of the market makes no sense at all until you look at the monthly.

Why would you spend £16k on a car and end up with a Corsa? You just wouldn't, you can get a better used car for £8k without any bother and there's stuff down near £5k that would be better value. Think of the coke and hookers you'd get with the extra £11k and tell me you'd rather pay for the Corsa?

But that £16k is £145 a month to lease.
Just shows how the sad inadequate debt junkies have pushed up the prices of everything for everyone... all to fuel their fragile egos with the need to be seen driving around in something they can't actually afford to buy.
You ok? Not everyone wants to put down £12k cash for an appliance, some people would rather pay by the month and just keep replacing it. It's quite strange how angry people get at the idea that people might want to finance their car. Ironic too lmao

boyse7en

6,717 posts

165 months

Monday 9th March 2020
quotequote all
aaron_2000 said:
mike74 said:
paulrockliffe said:
That bit of the market makes no sense at all until you look at the monthly.

Why would you spend £16k on a car and end up with a Corsa? You just wouldn't, you can get a better used car for £8k without any bother and there's stuff down near £5k that would be better value. Think of the coke and hookers you'd get with the extra £11k and tell me you'd rather pay for the Corsa?

But that £16k is £145 a month to lease.
Just shows how the sad inadequate debt junkies have pushed up the prices of everything for everyone... all to fuel their fragile egos with the need to be seen driving around in something they can't actually afford to buy.
You ok? Not everyone wants to put down £12k cash for an appliance, some people would rather pay by the month and just keep replacing it. It's quite strange how angry people get at the idea that people might want to finance their car. Ironic too lmao
I think the anger is because the "pay by the month" model has been used by the car brands as an opportunity to push the retail price of cars up.
A Corsa isn't a 16k car, and not many people can afford to buy one at that price (not the sort of people looking for a Corsa anyway). But they can afford it at £145 per month, which ties them in to a cycle of monthly payments and a replacement every three years. They think they are getting bargain because of the high RRP, but that just exists in order to encourage them into a more profitable monthly scheme

Jimmy Recard

17,540 posts

179 months

Monday 9th March 2020
quotequote all
paulrockliffe said:
That bit of the market makes no sense at all until you look at the monthly.

Why would you spend £16k on a car and end up with a Corsa? You just wouldn't, you can get a better used car for £8k without any bother and there's stuff down near £5k that would be better value. Think of the coke and hookers you'd get with the extra £11k and tell me you'd rather pay for the Corsa?

But that £16k is £145 a month to lease.
I don't think that this really makes sense either. Who would spend £35k on a Golf R when you can get a used Audi RS6? You could spend £50k on a Boxster, but why? You can get a used 911 for that, and so on.

Used cars are better value than new cars, that's all we really know

Fast Bug

11,677 posts

161 months

Monday 9th March 2020
quotequote all
Thing is, nobody pays list price for a Vauxhall, or most other manufacturers for that matter, which makes list price irrelevant

aaron_2000

5,407 posts

83 months

Monday 9th March 2020
quotequote all
Fast Bug said:
Thing is, nobody pays list price for a Vauxhall, or most other manufacturers for that matter, which makes list price irrelevant
they stat at £13k on Autotrader which is more reasonable

ferrisbueller

29,320 posts

227 months

Tuesday 10th March 2020
quotequote all
LarJammer said:
When most NSX's are 40-50k, this guy thinks his is worth 80k. Loving the table full of aftermarket tat that hes fitted.

https://www.autotrader.co.uk/classified/advert/202...
If you can find a good NA2 for 40-50k, let me know - I'll probably buy it.

jamoor

14,506 posts

215 months

Tuesday 10th March 2020
quotequote all
Fast Bug said:
Thing is, nobody pays list price for a Vauxhall, or most other manufacturers for that matter, which makes list price irrelevant
indeed, they quote a high price and see what people will pay.

It's price discrimination at it's finest, like that monty python sketch.

LarJammer

2,237 posts

210 months

Tuesday 10th March 2020
quotequote all
ferrisbueller said:
If you can find a good NA2 for 40-50k, let me know - I'll probably buy it.
It's not an NA2, even though the ad states it was registered in 07 (2 years after production ended...)

ferrisbueller

29,320 posts

227 months

Tuesday 10th March 2020
quotequote all
LarJammer said:
ferrisbueller said:
If you can find a good NA2 for 40-50k, let me know - I'll probably buy it.
It's not an NA2, even though the ad states it was registered in 07 (2 years after production ended...)
I know.

HM-2

12,467 posts

169 months

Tuesday 10th March 2020
quotequote all
LarJammer said:
It's not an NA2, even though the ad states it was registered in 07 (2 years after production ended...)
Is the registration date not because it's an import?

ferrisbueller

29,320 posts

227 months

Tuesday 10th March 2020
quotequote all
HM-2 said:
LarJammer said:
It's not an NA2, even though the ad states it was registered in 07 (2 years after production ended...)
Is the registration date not because it's an import?
The registration date is '91 (though the "F" is obviously a vanity plate, not age correct).

mike74

3,687 posts

132 months

Wednesday 11th March 2020
quotequote all
boyse7en said:
I think the anger is because the "pay by the month" model has been used by the car brands as an opportunity to push the retail price of cars up.
A Corsa isn't a 16k car, and not many people can afford to buy one at that price (not the sort of people looking for a Corsa anyway). But they can afford it at £145 per month, which ties them in to a cycle of monthly payments and a replacement every three years. They think they are getting bargain because of the high RRP, but that just exists in order to encourage them into a more profitable monthly scheme
Thank you for having the patience and eloquence to explain this seemingly unfathomable concept better than I could to all the idiot debt junkies.

These inflated RRP's have had an effect on all car prices across the board from poverty spec Corsas to supercars and also impacted used values.

Barchettaman

6,308 posts

132 months

Wednesday 11th March 2020
quotequote all
mike74 said:
These inflated RRP's have had an effect on all car prices across the board from poverty spec Corsas to supercars and also impacted used values.
Downwards?

Used cars in the UK are ridiculously cheap.

mike74

3,687 posts

132 months

Wednesday 11th March 2020
quotequote all
Barchettaman said:
Downwards?

Used cars in the UK are ridiculously cheap.
Again, they appear reasonably cheap but only in comparison to the inflated RRP's of new cars, in real terms adjusted for inflation etc used cars are as if not more expensive than they've ever been.

Shnozz

27,473 posts

271 months

Wednesday 11th March 2020
quotequote all
mike74 said:
Barchettaman said:
Downwards?

Used cars in the UK are ridiculously cheap.
Again, they appear reasonably cheap but only in comparison to the inflated RRP's of new cars, in real terms adjusted for inflation etc used cars are as if not more expensive than they've ever been.
By contrast to most of Europe, and all of Scandinavia, UK secondhand cars are ridiculously cheap. I think that’s the point he was making.

A 200k Miles 2002 Rav 4 in Spain, that’ll be €5k please. A 2001 MR2, €9k ta. A ropey old 2001 boxster €10k+ etc etc.