Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

Sofa

429 posts

93 months

Tuesday 6th April 2021
quotequote all
How about a 1995 Simply the best! for £15k? (apologies, I would link a photo but I’m posting on mobile)

No it’s not Tina Turner’s limo... it’s an E34 520i.

Admittedly it does look in very good condition, but it’s got 56k on the odometer so you can hardly pass it as a collector’s item with ridiculously low miles. Reasonable spec but the povvo engine and an automatic ‘box so you can hardly sell it as a real driver’s car... and the ad is full of bks about being for a ‘connoisseur’ who ‘appreciates the finer things in life’ backed up by an unsubstantiated quote from an unnamed BMW engineer.

aaron_2000

5,407 posts

84 months

Tuesday 6th April 2021
quotequote all
Sofa said:
How about a 1995 Simply the best! for £15k? (apologies, I would link a photo but I’m posting on mobile)

No it’s not Tina Turner’s personal chariot... it’s an E34 520i.

Admittedly it does look in very good condition, but it’s got 56k on the odometer so you can hardly pass it as a collector’s item with ridiculously low miles. Reasonable spec but the povvo engine and an automatic ‘box so you can hardly sell it as a real driver’s car... and the ad is full of bks about being for a ‘connoisseur’ who ‘appreciates the finer things in life’ backed up by an unsubstantiated quote from an unnamed BMW engineer.
That is unbelievably clean. Shame about the price and the advert full of nonsense

E63eeeeee...

3,915 posts

50 months

Tuesday 6th April 2021
quotequote all
Sofa said:
How about a 1995 Simply the best! for £15k? (apologies, I would link a photo but I’m posting on mobile)

No it’s not Tina Turner’s limo... it’s an E34 520i.

Admittedly it does look in very good condition, but it’s got 56k on the odometer so you can hardly pass it as a collector’s item with ridiculously low miles. Reasonable spec but the povvo engine and an automatic ‘box so you can hardly sell it as a real driver’s car... and the ad is full of bks about being for a ‘connoisseur’ who ‘appreciates the finer things in life’ backed up by an unsubstantiated quote from an unnamed BMW engineer.
You do get a lot of this idea that an old car with low mileage automatically means high value, regardless if it's remotely desirable or even very good. 15k is tidy E46 M3 money. Who the hell would buy this instead?

Fun Bus

17,911 posts

219 months

Wednesday 7th April 2021
quotequote all
Someone who doesn't want an E46 M3?

andburg

7,296 posts

170 months

Wednesday 7th April 2021
quotequote all
https://www.ebay.co.uk/itm/124664119385

£25k for a T4 camper, sure its low miles but its not a T2!
I imagine the cupboards are full of marching power the seller has sampled when setting price.

AdeTuono

7,259 posts

228 months

Wednesday 7th April 2021
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Fun Bus said:
Someone who doesn't know what it's worth?
FTFY.

GroundZero

2,085 posts

55 months

Wednesday 7th April 2021
quotequote all
2strokebroke said:
The prices being asked are just LOL ridiculous at the moment. These dealers and private individuals need to give their heads a wobble. They think any old ste is worth a fortune. Anyone who actually pays these ludicrous prices needs sectioned. It's genuinely depressing as someone who is looking to buy a classic at the moment trawling through these deluded adverts.
There sure are plenty out there who are being suckered in to thinking that just about everything old is a collectible, classic or an "investment".
Many of these old cars that have nothing special about them, which are being bought up by such people, are mostly nothing but other people's junk.
There is always the saying "one man's junk is another man's treasure", but yeah, haha its not my money, carry on as you were.


andburg

7,296 posts

170 months

Wednesday 7th April 2021
quotequote all
The wife wants to change car, has her heart set on getting an F-Type convertible.
I look at prices and shes seen an early 2013 car with 74k miles at £23k

according to the PH buyers guide written March last year the same money bought an early car with ~40k miles. In my head the car shes seen should now be dipping to almost 20k. Luckily we have our rescheduled wedding later this year and she will not want to do doing anything until that is over and done with.

People are spending their holiday refunds etc on flash cars / stupid priced puppies, the cars will drop when covid goes.

s m

23,243 posts

204 months

Wednesday 7th April 2021
quotequote all
2strokebroke said:
The prices being asked are just LOL ridiculous at the moment. These dealers and private individuals need to give their heads a wobble. They think any old ste is worth a fortune. Anyone who actually pays these ludicrous prices needs sectioned. It's genuinely depressing as someone who is looking to buy a classic at the moment trawling through these deluded adverts.
I’d leave them to it and just buy something cheaper

The trick is to visit poster A1VDY’s car lot - he always sells this stuff at the real value



anonymous-user

55 months

Wednesday 7th April 2021
quotequote all
£18,250 for a low mileage but far from mint Polo G40. Nipple of a seller can fu cough.

https://www.carandclassic.co.uk/car/C1325503

anonymous-user

55 months

Wednesday 7th April 2021
quotequote all
Sofa said:
How about a 1995 Simply the best! for £15k? (apologies, I would link a photo but I’m posting on mobile)

No it’s not Tina Turner’s limo... it’s an E34 520i.

Admittedly it does look in very good condition, but it’s got 56k on the odometer so you can hardly pass it as a collector’s item with ridiculously low miles. Reasonable spec but the povvo engine and an automatic ‘box so you can hardly sell it as a real driver’s car... and the ad is full of bks about being for a ‘connoisseur’ who ‘appreciates the finer things in life’ backed up by an unsubstantiated quote from an unnamed BMW engineer.
Jesus, that money gets you in to a decent E39 M5. What a load of pretentious písh in the advert as well. Seller needs a slap.

anonymous-user

55 months

Wednesday 7th April 2021
quotequote all
2strokebroke said:
£18,250 for a low mileage but far from mint Polo G40. Nipple of a seller can fu cough.

https://www.carandclassic.co.uk/car/C1325503
What gets me with these cars, no real money has been spent on them, they still except it to get top dollar because it has low milage, but is that the fault of the buyers, as they get sucked into this bubble. I've seen thread on here, PHers buying hot hatch classics, just to never use them and store them.

Wheel_Turned_Out

574 posts

39 months

Wednesday 7th April 2021
quotequote all
2strokebroke said:
£18,250 for a low mileage but far from mint Polo G40. Nipple of a seller can fu cough.

https://www.carandclassic.co.uk/car/C1325503
£18k for a knackered old rustbucket, and they can't even be mithered to hoover out the carpets! Chancing git.

s m

23,243 posts

204 months

Wednesday 7th April 2021
quotequote all
The Spruce Goose said:
I've seen thread on here, PHers buying hot hatch classics, just to never use them and store them.
Link?

I do like a classic hot hatch thread

TheJimi

25,013 posts

244 months

Wednesday 7th April 2021
quotequote all
s m said:
The Spruce Goose said:
I've seen thread on here, PHers buying hot hatch classics, just to never use them and store them.
Link?

I do like a classic hot hatch thread
Yep, I'd be curious to see that thread too.

s m

23,243 posts

204 months

Wednesday 7th April 2021
quotequote all
TheJimi said:
s m said:
The Spruce Goose said:
I've seen thread on here, PHers buying hot hatch classics, just to never use them and store them.
Link?

I do like a classic hot hatch thread
Yep, I'd be curious to see that thread too.
I imagine Saxo VTR/VTS are slightly more in demand after Sunday’s Top Gear laugh

Fun Bus

17,911 posts

219 months

Wednesday 7th April 2021
quotequote all
2strokebroke said:
Jesus, that money gets you in to a decent E39 M5.
But not everyone wants an E39 M5.

irish boy

3,537 posts

237 months

Wednesday 7th April 2021
quotequote all
I know jap stuff is going for high prices these days but just can't get my head around £25k for this shape civic.

https://www.carandclassic.co.uk/car/C1326184

andburg

7,296 posts

170 months

Wednesday 7th April 2021
quotequote all
irish boy said:
I know jap stuff is going for high prices these days but just can't get my head around £25k for this shape civic.

https://www.carandclassic.co.uk/car/C1326184
standard "i know what its worth"

there absolutely are people out there willing to pay over the odds for a specific car based on any number of reasons but in most cases that's just to park up look at and sell on to the next guy doing the same.


HM-2

12,467 posts

170 months

Wednesday 7th April 2021
quotequote all
andburg said:
irish boy said:
I know jap stuff is going for high prices these days but just can't get my head around £25k for this shape civic.

https://www.carandclassic.co.uk/car/C1326184
standard "i know what its worth"

there absolutely are people out there willing to pay over the odds for a specific car based on any number of reasons but in most cases that's just to park up look at and sell on to the next guy doing the same.
That might be worth £20k+ if it was completely standard, but with cheap coilovers and a few other mods thrown on it ruins the originality appeal.