Seriously Overpriced Cars

Seriously Overpriced Cars

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Discussion

andburg

4,435 posts

132 months

Monday 14th December 2020
quotequote all
How about the <1000 mile £10,000 metro
No it’s not a gti or a gta, it’s a 1.1


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

WarrenB

1,101 posts

81 months

Monday 14th December 2020
quotequote all
andburg said:
How about the <1000 mile £10,000 metro
No it’s not a gti or a gta, it’s a 1.1


https://www.autotrader.co.uk/classified/advert/202...
... with a god awful grille from another model stuck on. Looks like it has a moustache.

Steamer

12,332 posts

176 months

Monday 14th December 2020
quotequote all
Had to do a double take... KGF classics sold one just last week - but that was on a P Plate

Theres two of the buggers!

Dapster

4,849 posts

143 months

Monday 14th December 2020
quotequote all
Shabby W126 which looks "lived in" inside, has patchy alloys, wrong indicators, 170,000 on the clock and is at least 300% overpriced.



2,000 rpm idle with a warm engine and ABS warning light on the dash....



https://www.ebay.co.uk/itm/1989-Mercedes-Benz-SEL-...



Dapster

4,849 posts

143 months

Monday 14th December 2020
quotequote all
Shabby W126 which looks "lived in" inside, has patchy alloys, wrong indicators, 170,000 on the clock and is at least 300% overpriced.



2,000 rpm idle with a warm engine and ABS warning light on the dash....



No mention of service history, pitiful sales description

https://www.ebay.co.uk/itm/1989-Mercedes-Benz-SEL-...



Mercutio

105 posts

125 months

Saturday 19th December 2020
quotequote all
Don't know what folk think of this one or whether I'm being unreasonable here.

991 (2) Targa 4S, lovely blue, manual gearbox, all the right extras.

but £20k over what Autotrader suggest for a private sale!

Twenty thousand pounds. What gives? Am I being crazy to think it should be a bit better priced?

https://www.autotrader.co.uk/car-details/202011095...


The Spruce Goose

26,901 posts

158 months

Saturday 19th December 2020
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The advert is proper cringe, the voiceover all that BS, really takes himself way too seriously.

AdeTuono

6,347 posts

190 months

Saturday 19th December 2020
quotequote all
Mercutio said:
Don't know what folk think of this one or whether I'm being unreasonable here.



but £20k over what Autotrader suggest for a private sale!
I'd want at least £20k off for having to listen to that bks in the video.

Mercutio

105 posts

125 months

Sunday 20th December 2020
quotequote all
Ha I hadn’t even listened to the video until these comments - my word...

Because of the relative rarity of a manual 991.2 Targa with some reasonably decent extras I can get wanting a little more than the recommended price, it’s not a bog standard Carrera 2 (not that’s a bad thing!) and if you’re looking for a manual Targa then prepare to pay a little premium for the rarity perhaps.

I’m just still not sure about paying at least 10-15k over the odds.

I see a lot of this though with private sales. Autotrader recommends a price for private sale and one for dealers.

Private sale is listed at the exact figure for the top end of the suggested dealer price. “NO OFFERS” in the ad. Months go by without a sale, I’ve seen a S Class convertible sit around for ages on the same basis.

...

113 posts

5 months

Sunday 20th December 2020
quotequote all


https://www.autotrader.co.uk/car-details/202007101...

£50k for a Tesla which doesn't work, is in Germany, needs £15k for a new battery, and needs transporting back to the UK, at the buyer's expense.


Edited by ... on Sunday 20th December 05:04

pablo

15,438 posts

236 months

Sunday 20th December 2020
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I think the Tesla roadster will be hugely collectible, they will only go up in value as electric demand increases and not everyone wants a huge SUV type thing. Its unlikely anyone will build a two seater electric roadster for a good while and the brand is iconic.

Sourcing a battery or a suitable equivalent shouldn’t be that hard, if Specialists are busy converting all manner of classics to electric, this can be easily fixed.

IMHO definitely not underpriced, even noting it needs £15k of effort but then a lot of early Zoe’s and Leafs will begin a similar place soon won’t they? No different to a super car needing an engine out clutch change really

Edited by pablo on Sunday 20th December 08:28

Shnozz

22,760 posts

234 months

Sunday 20th December 2020
quotequote all
pablo said:
I think the Tesla roadster will be hugely collectible, they will only go up as electric demand increases and not everyone wants a huge SUV type thing. it’s unlikely anyone will build a two seater electric roadster for a good while and the brand is iconic. Sourcing a battery or a suitable equivalent shouldn’t be that hard, if Specialists are busy converting all manner of classics to electric, this can be easily fixed.
I don’t disagree that I can see the Tesla roadster being a collectible with appreciating value to match. However, I can certainly see a two seat electric car coming to market albeit it won’t have the collectibility of what will be deemed the iconic first of its kind.

What would always put me off these sort of sales is the failure to just rectify the fault before sale. Never do I trust the, “it just needs” line; if it’s that simple then do it and then sell it. Yes, some folks simply don’t have the cash to complete a repair but that would worry me it had been run on a shoestring previously and in this case the number plate and location of the car etc suggest to me the owner isn’t short of a Bob or two, so why not fix it and then sell it? Can of worms to me.

Mercutio

105 posts

125 months

Sunday 20th December 2020
quotequote all
Shnozz said:
I don’t disagree that I can see the Tesla roadster being a collectible with appreciating value to match. However, I can certainly see a two seat electric car coming to market albeit it won’t have the collectibility of what will be deemed the iconic first of its kind.

What would always put me off these sort of sales is the failure to just rectify the fault before sale. Never do I trust the, “it just needs” line; if it’s that simple then do it and then sell it. Yes, some folks simply don’t have the cash to complete a repair but that would worry me it had been run on a shoestring previously and in this case the number plate and location of the car etc suggest to me the owner isn’t short of a Bob or two, so why not fix it and then sell it? Can of worms to me.
Totally agree. If it's priced high but needs a third of the asking price spent for more work, all you're going to get is people trying to drive your price down to mitigate against that spend.

If you spend the money yourself to get it running, then surely you can then charge strong prices with some confidence?

forsure

1,955 posts

231 months

Monday 21st December 2020
quotequote all
£6495 for a Golf Convertible ?

Not if it's a Mk3.5 surely ?

https://www.ebay.co.uk/itm/MODERN-CLASSIC-VW-GOLF-...

flashbang

1,114 posts

37 months

Monday 21st December 2020
quotequote all
forsure said:
£6495 for a Golf Convertible ?

Not if it's a Mk3.5 surely ?

https://www.ebay.co.uk/itm/MODERN-CLASSIC-VW-GOLF-...
Auto as well. Isn't the mk3 regarded as the worst one, flabby and underwhelming?

essdaytwelve

4,889 posts

174 months

Monday 21st December 2020
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oceanview

1,225 posts

94 months

Monday 21st December 2020
quotequote all
https://www.gumtree.com/p/ford/ford-sierra/1393288...

Seems a tad optimistic- even for an old Ford.

Greg the Fish

1,410 posts

29 months

Monday 21st December 2020
quotequote all
Dapster said:
Shabby W126 which looks "lived in" inside, has patchy alloys, wrong indicators, 170,000 on the clock and is at least 300% overpriced.



2,000 rpm idle with a warm engine and ABS warning light on the dash....



No mention of service history, pitiful sales description

https://www.ebay.co.uk/itm/1989-Mercedes-Benz-SEL-...
Yeah, but just LOOK at it! It's LOVELY....

Bit biased but I was about 4 when my Dad turned up at home with his 'New car'...It was one of these in 380 spec. Lovely thing. Velour seats an all.


Edited by Greg the Fish on Monday 21st December 21:28

pablo

15,438 posts

236 months

Monday 21st December 2020
quotequote all
oceanview said:
https://www.gumtree.com/p/ford/ford-sierra/1393288...

Seems a tad optimistic- even for an old Ford.
Especially a left hooker with a badly painted bonnet and a front grill that looks like it’s been refitted with a hammer

PorkInsider

4,592 posts

104 months

Monday 21st December 2020
quotequote all
Mercutio said:
Don't know what folk think of this one or whether I'm being unreasonable here.

991 (2) Targa 4S, lovely blue, manual gearbox, all the right extras.

but £20k over what Autotrader suggest for a private sale!

Twenty thousand pounds. What gives? Am I being crazy to think it should be a bit better priced?

https://www.autotrader.co.uk/car-details/202011095...

I know naff all about Porsche buying/selling but the Targas seem to pull really strong money.

There was a 2014 car sold for £70k on Collecting Cars a few months back.