Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

rotaryjam

152 posts

65 months

Monday 29th March
quotequote all
Type R Tom said:
Relatively rare being a V8 but £30k for a 5 year old 5 GT. M5 money.

https://www.autotrader.co.uk/car-details/202101288...
I'd never buy a car off someone who advertises their car with pictures taken at night!

AdeTuono

6,371 posts

191 months

Monday 29th March
quotequote all
Wheel_Turned_Out said:
Seems like a hell of a premium for an early UK car, and the 2LT isn't even the top trim. Can't say I'm a big fan of the red on red, either.



https://www.autotrader.co.uk/car-details/202103190...
Bargain! Only roughly double the price of a new one.

carlove

6,553 posts

131 months

Monday 29th March
quotequote all
I know these VW vans are the in things at the moment (not sure why but each to their own), this one seems a bit overpriced at £10k, a 53 plate with 240k miles with some stty photos attached, interior does look a little done. I thought they'd be about £3-4k for this sort of age and mileage so after having a little look out of curiosity gave me a shock!

https://www.autotrader.co.uk/van-details/202103069...





The images were on their side down on the ad.

On the other end of the spectrum, a brand new one with Bentley wheels (not even a camper) at almost £60k! I can't imagine spending that much on a van, that probably wont even be used as a van, just as a weird status symbol.

https://www.autotrader.co.uk/van-details/202007251... (when I click the ad now it says £70k, but it was about £58k when I linked it, bit odd)





Edited by carlove on Monday 29th March 20:26


Edited by carlove on Monday 29th March 20:28

Chestrockwell

2,419 posts

121 months

Tuesday 30th March
quotequote all
Not sure if overpriced as I’m not up to date on X5M prices but the title on this made me laugh




Surely this X5 being bukakked by the top gear team at Dunsfold should be kept a secret hehe

Chestrockwell

2,419 posts

121 months

Tuesday 30th March
quotequote all
aaron_2000 said:
Anyone fancy a low spec 330i with nearly 150k on the clock for £8k?

https://www.ebay.co.uk/itm/2003-BMW-3-Series-3-0-3...
I’m a big fan of E46’s and check on their prices every now and then and 8k is sub 30k mile 330ci club sport money, that guy is dreaming, 3k max with that mileage

aaron_2000

4,449 posts

47 months

Tuesday 30th March
quotequote all
Chestrockwell said:
aaron_2000 said:
Anyone fancy a low spec 330i with nearly 150k on the clock for £8k?

https://www.ebay.co.uk/itm/2003-BMW-3-Series-3-0-3...
I’m a big fan of E46’s and check on their prices every now and then and 8k is sub 30k mile 330ci club sport money, that guy is dreaming, 3k max with that mileage
I check daily as I do with everything else that I might want to drunkenly bid on at 3am. I'd love a nice 330i saloon with a manual box but not if that's what they start being priced at


Shnozz

22,896 posts

235 months

Tuesday 30th March
quotequote all
carlove said:
I know these VW vans are the in things at the moment (not sure why but each to their own), this one seems a bit overpriced at £10k, a 53 plate with 240k miles with some stty photos attached, interior does look a little done. I thought they'd be about £3-4k for this sort of age and mileage so after having a little look out of curiosity gave me a shock!

https://www.autotrader.co.uk/van-details/202103069...





The images were on their side down on the ad.

On the other end of the spectrum, a brand new one with Bentley wheels (not even a camper) at almost £60k! I can't imagine spending that much on a van, that probably wont even be used as a van, just as a weird status symbol.

https://www.autotrader.co.uk/van-details/202007251... (when I click the ad now it says £70k, but it was about £58k when I linked it, bit odd)



These have been around these prices for as long as I can recall.


Edited by carlove on Monday 29th March 20:26


Edited by carlove on Monday 29th March 20:28

Zoon

4,931 posts

85 months

Tuesday 30th March
quotequote all
rotaryjam said:
Type R Tom said:
Relatively rare being a V8 but £30k for a 5 year old 5 GT. M5 money.

https://www.autotrader.co.uk/car-details/202101288...
I'd never buy a car off someone who advertises their car with pictures taken at night!
It's been for sale a while, photos took at Christmas

andy118run

805 posts

170 months

Thursday 1st April
quotequote all
Any body fancy this (from gumtree) -
2007 BMW M sport 325i convertible hardtop M sport (118000 miles)



-£5500
-'minor damage'
-No MOT ('due to COVID and child care')
-number plate check suggests a mileage reduction of 4k or so around 2015
-'Unfortunately this car is no longer practical for my growing family as we now need a 7 seater'
-and two lines later - 'change of job forces sale'
-Autotrader valuation - 3910 - but one assumes that would be for a half tidy example.

Anyway, a no thanks from me.
https://www.gumtree.com/p/bmw/bmw-325i-m-sport-man...

The Spruce Goose

27,662 posts

159 months

Thursday 1st April
quotequote all
andy118run said:
Any body fancy this (from gumtree) -
2007 BMW M sport 325i convertible hardtop M sport (118000 miles)
[url]

-£5500
-'minor damage'
-No MOT ('due to COVID and child care')
-number plate check suggests a mileage reduction of 4k or so around 2015
-'Unfortunately this car is no longer practical for my growing family as we now need a 7 seater'
-and two lines later - 'change of job forces sale'
-Autotrader valuation - 3910 - but one assumes that would be for a half tidy example.

Anyway, a no thanks from me.
https://www.gumtree.com/p/bmw/bmw-325i-m-sport-man...
m badge on boot, why wouldn't you get that repaired , i pretty sure it would fail mot on that alone.

milage issue looks like just a typo.

Edited by The Spruce Goose on Thursday 1st April 16:52

Driver101

9,463 posts

85 months

Thursday 1st April
quotequote all
andy118run said:
Any body fancy this (from gumtree) -
2007 BMW M sport 325i convertible hardtop M sport (118000 miles)



-£5500
-'minor damage'
-No MOT ('due to COVID and child care')
-number plate check suggests a mileage reduction of 4k or so around 2015
-'Unfortunately this car is no longer practical for my growing family as we now need a 7 seater'
-and two lines later - 'change of job forces sale'
-Autotrader valuation - 3910 - but one assumes that would be for a half tidy example.

Anyway, a no thanks from me.
https://www.gumtree.com/p/bmw/bmw-325i-m-sport-man...
Yet there isn't a single car on AT for £3910 regardless if tidy, a mess or a write off.

I don't think the car has been clocked. I think the MOT tester should have recorded 93k and has wrongly recorded 83k. That's consistent with the mileage the car was doing and the big jump between 83k and 99k the following year.




PhantomPH

3,678 posts

189 months

Thursday 1st April
quotequote all
Driver101 said:
andy118run said:
Any body fancy this (from gumtree) -
2007 BMW M sport 325i convertible hardtop M sport (118000 miles)



-£5500
-'minor damage'
-No MOT ('due to COVID and child care')
-number plate check suggests a mileage reduction of 4k or so around 2015
-'Unfortunately this car is no longer practical for my growing family as we now need a 7 seater'
-and two lines later - 'change of job forces sale'
-Autotrader valuation - 3910 - but one assumes that would be for a half tidy example.

Anyway, a no thanks from me.
https://www.gumtree.com/p/bmw/bmw-325i-m-sport-man...
Yet there isn't a single car on AT for £3910 regardless if tidy, a mess or a write off.

I don't think the car has been clocked. I think the MOT tester should have recorded 93k and has wrongly recorded 83k. That's consistent with the mileage the car was doing and the big jump between 83k and 99k the following year.
All things being equal - have you SEEN that interior?? Could be the most immaculate and pristinely kept BMW on earth and I still wouldn't touch it for that effort.

Sofa

150 posts

56 months

Tuesday 6th April
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

4,449 posts

47 months

Tuesday 6th April
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...

365 posts

13 months

Tuesday 6th April
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

17,886 posts

182 months

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

andburg

4,585 posts

133 months

Wednesday 7th April
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

6,371 posts

191 months

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

GroundZero

811 posts

18 months

Wednesday 7th April
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

4,585 posts

133 months

Wednesday 7th April
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.