Seriously Overpriced Cars

Seriously Overpriced Cars

Author
Discussion

aaron_2000

4,493 posts

48 months

Wednesday 14th April
quotequote all
PhantomPH said:
Jimmy No Hands - I find myself doing this a lot...judging cars by what I used to see similar for sale at. I hate to say it, but things are not priced like they used to be anymore. £1900 is probably what £900 used to be... :weeps gently:
Only a couple of weeks ago I posted a Subaru in here that I was sure was 2x the price it should be. That car sold in 3 days and the prices all seem to have doubled pretty much in 6 months. Same with E46's

VSKeith

100 posts

12 months

Wednesday 14th April
quotequote all
This one's slowly coming down from the £5.5k it was initially listed for.

"Extremely Rare Hard to Find Limited Edition" though, so form an orderly queue......



PhantomPH

3,747 posts

190 months

Wednesday 14th April
quotequote all
aaron_2000 said:
PhantomPH said:
Jimmy No Hands - I find myself doing this a lot...judging cars by what I used to see similar for sale at. I hate to say it, but things are not priced like they used to be anymore. £1900 is probably what £900 used to be... :weeps gently:
Only a couple of weeks ago I posted a Subaru in here that I was sure was 2x the price it should be. That car sold in 3 days and the prices all seem to have doubled pretty much in 6 months. Same with E46's
That's why I keep coming back to this thread - it's a genuine education. Rather than being 'seriously overpriced', it's kinda morphed into a 'this is how nuts the market is' thread.

I know this has been said before, but I really don't see how it's in any way sustainable. I wouldn't be so clichéd as to say a bubble will burst because I don't think it's a bubble - I think it's just how things are now. However I do think we will hit a natural ceiling at some point soon.

mike74

2,382 posts

97 months

Wednesday 14th April
quotequote all
aaron_2000 said:
Only a couple of weeks ago I posted a Subaru in here that I was sure was 2x the price it should be. That car sold in 3 days and the prices all seem to have doubled pretty much in 6 months. Same with E46's
Imprezas and evos have gone utterly mental.

Can't believe I struggled to sell an 05 widetrack sti ppp, 45k miles, with lots of other Prodrive goodies on for £8k only 5 years ago, same car with that mileage would be comfortably double that now.

Jimmy No Hands

3,718 posts

121 months

Wednesday 14th April
quotequote all
ChocolateFrog said:
I'm not saying it isn't overpriced but there's a lot to be said for pre-DPF cars. And 116k is low miles for a PD engine, has to be one of the most reliable sub 2l engines ever made.

A couple of quid and 15 mins work to blank off the EGR and you're good for another 200000 miles.

And it'll do over 50mpg all day long.
I know the merits of a PD more than most on here. I've ran and maintained them for years and had several approaching 200,000 miles. I just (personally) couldn't part with that amount of cash. I'm sure many would (and probably will).

Whomever said this is now normal, yes, you're probably right to be honest. Certainly makes shedding for reasonable sums more challenging than it used to be.

d_a_n1979

2,811 posts

37 months

Thursday 15th April
quotequote all
As big as a JDM Honda fan I am, and an ex-owner of an immaculate EK9...

This guys dreaming:

https://www.ebay.co.uk/itm/Honda-Civic-Type-R-EK9-...

laugh

mike74

2,382 posts

97 months

Thursday 15th April
quotequote all
PhantomPH said:
That's why I keep coming back to this thread - it's a genuine education. Rather than being 'seriously overpriced', it's kinda morphed into a 'this is how nuts the market is' thread.

I know this has been said before, but I really don't see how it's in any way sustainable. I wouldn't be so clichéd as to say a bubble will burst because I don't think it's a bubble - I think it's just how things are now. However I do think we will hit a natural ceiling at some point soon.
The current bubble on top of a bubble prices are all thanks to covid and the insane amounts of helicopter money that Dishi Rishi has pumped into what was already a failed economy even before covid came along.

Squirrelofwoe

2,951 posts

141 months

Thursday 15th April
quotequote all
d_a_n1979 said:
As big as a JDM Honda fan I am, and an ex-owner of an immaculate EK9...

This guys dreaming:

https://www.ebay.co.uk/itm/Honda-Civic-Type-R-EK9-...

laugh
yes

This was discussed a few pages back- but well worth posting again!

andburg

4,672 posts

134 months

Thursday 15th April
quotequote all
£2500 for a 20 year old rover 400 1.4 in almost base spec

https://www.autotrader.co.uk/car-details/202104020...

SWoll

11,094 posts

223 months

Thursday 15th April
quotequote all
Squirrelofwoe said:
d_a_n1979 said:
As big as a JDM Honda fan I am, and an ex-owner of an immaculate EK9...

This guys dreaming:

https://www.ebay.co.uk/itm/Honda-Civic-Type-R-EK9-...

laugh
yes

This was discussed a few pages back- but well worth posting again!
Indeed. "Only" 93k miles and unmolested other than the large number of modifications to the suspension, engine and interior. smile

Genuine Barn Find

5,450 posts

180 months

Thursday 15th April
quotequote all
“we know what these cars are worth”

No poppet, one of us clearly does ‘not’ know what these cars are worth.

d_a_n1979

2,811 posts

37 months

Friday 16th April
quotequote all
E38 730i:

https://www.carandclassic.co.uk/car/C1327432

Am I missing something here?

Bloody expensive for what is the least wanted engine and poverty spec car

W00DY

13,433 posts

191 months

Saturday 17th April
quotequote all
As replicas go this one at least looks pretty good on the outside, but £38k buys a serisuly nice car where you don't have to either lie to everyone or tell them you spent almost 40k on an old MR2 wearing a whole lot of fibreglass.



The interior looks a mess.


https://www.ebay.co.uk/itm/Incredible-Lamborghini-...

SWoll

11,094 posts

223 months

Saturday 17th April
quotequote all
W00DY said:
As replicas go this one at least looks pretty good on the outside, but £38k buys a serisuly nice car where you don't have to either lie to everyone or tell them you spent almost 40k on an old MR2 wearing a whole lot of fibreglass.



The interior looks a mess.


https://www.ebay.co.uk/itm/Incredible-Lamborghini-...
The time, effort and money that's been expended on that..

E63eeeeee...

454 posts

14 months

Saturday 17th April
quotequote all
W00DY said:
As replicas go this one at least looks pretty good on the outside, but £38k buys a serisuly nice car where you don't have to either lie to everyone or tell them you spent almost 40k on an old MR2 wearing a whole lot of fibreglass.



The interior looks a mess.


https://www.ebay.co.uk/itm/Incredible-Lamborghini-...
It may just be me, but I'm not sure I like the way the driver's seat is almost on top of the front axle. There seems to be far too much car in front of the front wheels.

Genuine Barn Find

5,450 posts

180 months

Saturday 17th April
quotequote all
d_a_n1979 said:
E38 730i:

https://www.carandclassic.co.uk/car/C1327432

Am I missing something here?

Bloody expensive for what is the least wanted engine and poverty spec car
I thought that was the 728i (least wanted).

As an aside, a friend of mine is only ever
interested in base spec cars..... particularly saloons and execs.

A fully loaded phase 1 E34 535i SE doesn’t float his boat at all..... but show him a 518i in doom blue and clad in cloth and he’s anybody’s

swisstoni

10,776 posts

244 months

Saturday 17th April
quotequote all
SWoll said:
W00DY said:
As replicas go this one at least looks pretty good on the outside, but £38k buys a serisuly nice car where you don't have to either lie to everyone or tell them you spent almost 40k on an old MR2 wearing a whole lot of fibreglass.



The interior looks a mess.


https://www.ebay.co.uk/itm/Incredible-Lamborghini-...
The time, effort and money that's been expended on that..
I don’t know what to feel when I see these things.
I suppose, to be as positive as possible, someone has taken on a project, displayed a good amount of technical ability and completed it.

Don1

14,387 posts

173 months

Saturday 17th April
quotequote all
When £60k gets you into a real Lambo....

aaron_2000

4,493 posts

48 months

Saturday 17th April
quotequote all
swisstoni said:
SWoll said:
W00DY said:
As replicas go this one at least looks pretty good on the outside, but £38k buys a serisuly nice car where you don't have to either lie to everyone or tell them you spent almost 40k on an old MR2 wearing a whole lot of fibreglass.



The interior looks a mess.


https://www.ebay.co.uk/itm/Incredible-Lamborghini-...
The time, effort and money that's been expended on that..
I don’t know what to feel when I see these things.
I suppose, to be as positive as possible, someone has taken on a project, displayed a good amount of technical ability and completed it.
It's vulgar and pretentious but at the same time a testament to the skill of whoever built it

ChocolateFrog

12,097 posts

138 months

Saturday 17th April
quotequote all
aaron_2000 said:
PhantomPH said:
Jimmy No Hands - I find myself doing this a lot...judging cars by what I used to see similar for sale at. I hate to say it, but things are not priced like they used to be anymore. £1900 is probably what £900 used to be... :weeps gently:
Only a couple of weeks ago I posted a Subaru in here that I was sure was 2x the price it should be. That car sold in 3 days and the prices all seem to have doubled pretty much in 6 months. Same with E46's
My 90000 mile LS400 was £800 when I bought it in 2007.

My E30 325i Touring was £500 in around 2011.

Rover Mini Cooper SPI was £1300 in 2004.

Things are definitely not what they used to be frown