Seriously Overpriced Cars

Seriously Overpriced Cars

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ambuletz

10,760 posts

182 months

Saturday 27th February 2021
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glazbagun said:
One owner Golf with the venerable 1.9PD engine... and only 10K miles:

For £7K


Surely if you want one of these you want one with decent mileage and a book of receipts, not a timewarp example last serviced five years ago. I'd guess it's been bought from an old/retired driver/widow for a pittance.
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.

PhantomPH

4,043 posts

226 months

Saturday 27th February 2021
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Jezza30 said:
PhantomPH said:
AMGSee55 said:
https://www.ebay.co.uk/itm/1979-Classic-Austin-Mor...

Owner has seen some immaculate examples going for £12K and reasons that his rotted out equivalent must surely be worth £6.5K. Reality check needed on what restoration work costs!
Hate to say it, but that's not that overpriced either. Worth about £13-14k once restored and restos are not that expensive. Just the time involved. You could buy that, spend £5k on it and make a profit. In fact, if I had the garage space, I'd make a cheeky offer...
I'd take that over this shed..

https://www.autotrader.co.uk/car-details/202102159...
What the ever-loving f... what a POS!

Says it has had all the love and attention he could afford to throw at it - which clearly was about £6.50! Rear-subframe is knackered, needs a respray, looks like st...even the owner describes it as "very ratty" and in need of a full strip down...and a bonnet since that one not only has hideous vents, but is also the wrong bloody shape for the car!!

Honestly, if that is worth £7.5k, then I am laughing all the way to the bank with my '61....

OllieJolly

348 posts

117 months

Saturday 27th February 2021
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ambuletz said:
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.
I don't understand when dealers claim a timing belt has been changed as if it's sorted and you don't have to worry about it for a while.

"3) 7089 MILES ON 02/12/2011 WITH CAM BELT AND WATER AND SERVICE" over 9 years ago. I would want that doing even if the car was £2.5k.

£7k is ridiculous. They have a 2008 730d for £5,495. Buy that and use the money you've saved on fuel/tax etc...
I don't like the 3dr Golf either.
Dealer must be delusional, that's the only conclusion I can reach.



Nefos

252 posts

85 months

Saturday 27th February 2021
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ambuletz said:
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.
It is certainly one of those ads when you are looking for that 1 bloke who has some emotional connection to the car. Like when you were 20 you were lusted for one, and now you can afford the best of the best version, so value is not really considered.

It is expensive, yes, overpriced, well, it is in the "try to find another with the same miles and engine" type of situation

Every day a journey

1,609 posts

39 months

Saturday 27th February 2021
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andy118run said:
Anybody fancy a 14 year old X3 for 12 grand.

Nothing wrong with a 2.5, but the 3.0 or 3.0d is better in these I think.

So less desirable engine, okay (but unremarkable- 59k) miles, weird photoshopped ad (I think).

What's the light on the dash? Light bulb?

Probably a 2 or 3k car for me, being generous.
https://www.autotrader.co.uk/car-details/202102098...

I had one of these, the 3.0l as a Discourtesy car once when my car was in for, yet another, warranty repair.

I have to say, it's up there with (could even be top of the list) as THE most horrible car I've ever had the misfortune of driving. Truly hateful. Crashy, appaling visibility and ergonomics, dreadful thirst, felt really 'cheap' inside and just vile to look at too (though by BMW's standards today it's tame).

Hated every loathesome mile in it. And the dealer had given me that thinking I might be interested in buying one. I'd rather shove live wasps down my japseye than ever drive one of those things again.

Don1

15,952 posts

209 months

Saturday 27th February 2021
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Every day a journey said:
I had one of these, the 3.0l as a Discourtesy car once when my car was in for, yet another, warranty repair.

I have to say, it's up there with (could even be top of the list) as THE most horrible car I've ever had the misfortune of driving. Truly hateful. Crashy, appaling visibility and ergonomics, dreadful thirst, felt really 'cheap' inside and just vile to look at too (though by BMW's standards today it's tame).

Hated every loathesome mile in it. And the dealer had given me that thinking I might be interested in buying one. I'd rather shove live wasps down my japseye than ever drive one of those things again.
Shall I put Sir down as a 'maybe'?

glazbagun

14,283 posts

198 months

Saturday 27th February 2021
quotequote all
Nefos said:
ambuletz said:
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.
It is certainly one of those ads when you are looking for that 1 bloke who has some emotional connection to the car. Like when you were 20 you were lusted for one, and now you can afford the best of the best version, so value is not really considered.

It is expensive, yes, overpriced, well, it is in the "try to find another with the same miles and engine" type of situation
Thing is; it's a diesel. You kind of want one of those to have sat on the motorway for a decade. Fortunately it's the old PD and not the commonrail, but even so it's one of those cars where low milage is almost undesirable.

HM-2

12,467 posts

170 months

Saturday 27th February 2021
quotequote all
glazbagun said:
Nefos said:
ambuletz said:
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.
It is certainly one of those ads when you are looking for that 1 bloke who has some emotional connection to the car. Like when you were 20 you were lusted for one, and now you can afford the best of the best version, so value is not really considered.

It is expensive, yes, overpriced, well, it is in the "try to find another with the same miles and engine" type of situation
Thing is; it's a diesel. You kind of want one of those to have sat on the motorway for a decade. Fortunately it's the old PD and not the commonrail, but even so it's one of those cars where low milage is almost undesirable.
The low mileage 115 GT TDi I had for 18 months was the least reliable car I've ever owned by a significant margin. And I had a Corrado G60, run on a student's budget, for two years.

blue_haddock

3,228 posts

68 months

Saturday 27th February 2021
quotequote all
ambuletz said:
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.
Quite simply vag-tax!

And how many MK4 this are still out there with relatively low miles and FSH?

Whilst the 1.9 TD MK4 isn't exactly the best golf ever made, i think if this was sold for around £5k and kept clean, tidy and with low miles would probably return a reasonable profit.


carlove

7,574 posts

168 months

Sunday 28th February 2021
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This 2018 £38k Jimny popped up as a sponsored ad on Facebook. It's not on AutoTrader, but the most expensive there was a £30k 70 plate without a load of tat stuck on. Most expensive 2018 Jimny is £24k, is the Liberty Walk tat worth £14k?

https://www.yesauto.com/uk/buy/detail/144702/1671?...


I'm a big fan of the Jimny, but this one not only looks st, but also is a crazy price for a Jimny.

OllieJolly

348 posts

117 months

Sunday 28th February 2021
quotequote all
blue_haddock said:
Quite simply vag-tax!

And how many MK4 this are still out there with relatively low miles and FSH?

Whilst the 1.9 TD MK4 isn't exactly the best golf ever made, i think if this was sold for around £5k and kept clean, tidy and with low miles would probably return a reasonable profit.
It doesn't really have full service history with the last timing belt being almost 10 years ago though, does it?
Or rather, it may well have full receipts/stamps/etc as "history" but honestly I don't think that means much for this example.
I just don't think this is a particularly attractive vehicle for £7k, or even half that, personally.

LetsTryAgain

2,904 posts

74 months

Sunday 28th February 2021
quotequote all
OllieJolly said:
It doesn't really have full service history with the last timing belt being almost 10 years ago though, does it?
Or rather, it may well have full receipts/stamps/etc as "history" but honestly I don't think that means much for this example.
I just don't think this is a particularly attractive vehicle for £7k, or even half that, personally.
Most VAG stuff is overpriced, overrated tat.

robinessex

11,073 posts

182 months

Sunday 28th February 2021
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Is the overpriced epidemic going to get worse with the impending declination of the old ICE cars? I'm sure low milage classics and desirable will go this way, worth investing in now maybe?

Wheel_Turned_Out

574 posts

39 months

Sunday 28th February 2021
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robinessex said:
Is the overpriced epidemic going to get worse with the impending declination of the old ICE cars? I'm sure low milage classics and desirable will go this way, worth investing in now maybe?
Personally I don't see the prices getting truly mental for decades yet, it's not like petrol is going to be outlawed that soon. In thirty years, maybe so - but then equally it may be such a faff finding it or affording it that pure hobbyists can't be bothered anymore, and only the handful of real diehard petrolheads keep forking out. Which would lead to a whole load of cars still available with even fewer people interested in buying them.

I think the sensible advice is still now as it ever was - buy something you really love, and something you'd be happy to keep when the music stops.

glazbagun

14,283 posts

198 months

Sunday 28th February 2021
quotequote all
Wheel_Turned_Out said:
Personally I don't see the prices getting truly mental for decades yet, it's not like petrol is going to be outlawed that soon. In thirty years, maybe so - but then equally it may be such a faff finding it or affording it that pure hobbyists can't be bothered anymore, and only the handful of real diehard petrolheads keep forking out. Which would lead to a whole load of cars still available with even fewer people interested in buying them.

I think the sensible advice is still now as it ever was - buy something you really love, and something you'd be happy to keep when the music stops.
yes If cars become like horses or traction engines, then Caterhams, Elises and Porsches will still have their place in garages. Less so MK4 Golf diesels and Austin Princesses.

I wonder about the crossover cars like the i8 and new NSX. Will they hit classic status as early heralds of the future, or will they simply be obsolete old cars.

W00DY

15,496 posts

227 months

Sunday 28th February 2021
quotequote all
Wheel_Turned_Out said:
glazbagun said:
One owner Golf with the venerable 1.9PD engine... and only 10K miles:

For £7K


Surely if you want one of these you want one with decent mileage and a book of receipts, not a timewarp example last serviced five years ago. I'd guess it's been bought from an old/retired driver/widow for a pittance.
That ad is worth it for this alone:



rofl
I love that. PD engines must have amassed a staggering amount of miles in total.


If there's anyone out there who can't think of a better way to spend £7k than on that Golf then they need to be kept in a padded room.

GrizzlyBear

1,072 posts

136 months

Sunday 28th February 2021
quotequote all
ambuletz said:
glazbagun said:
One owner Golf with the venerable 1.9PD engine... and only 10K miles:

For £7K


Surely if you want one of these you want one with decent mileage and a book of receipts, not a timewarp example last serviced five years ago. I'd guess it's been bought from an old/retired driver/widow for a pittance.
I don't understand who would ever buy this. It's not particularly a desirable car. it's not something you'll stow away in the hopes it's worth loads in 10years time either. You have to literally be someone who owned one of these, knows it inside out and absolutely love a basic golf to want to own it. but even then... for alot less money you could just buy something that has 70-100k on it with FSH.. and run it for just as long.
I am guessing the sort of person that advertised the car at that price would say "find another one!" although completely missing the point of why would anyone want to?

...

220 posts

43 months

Sunday 28th February 2021
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https://www.autotrader.co.uk/car-details/202012056...

Originally up at £21K, now at £14k.

aaron_2000

5,407 posts

84 months

Sunday 28th February 2021
quotequote all
... said:




https://www.autotrader.co.uk/car-details/202012056...

Originally up at £21K, now at £14k.
I got £3500 for my S55 AMG with 84k on the clock but it wasn't a facelift. I don't think that one is seriously overpriced, seen standard facelift cars make £10k-£12k

anonymous-user

55 months

Sunday 28th February 2021
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is that grille really standard, it looks awful?