Used car market is dead...?

[popeyewhite]

daemon said:

popeyewhite said:

daemon said:

From their perspective it might well be the cost effective / better option for them, just like from your perspective it isnt.

Both of those are very subjective

Objective.

Cost effectiveness and what makes a particular car a better option funded in a particular way for a particular person are both subjective.

Sorry you dont get that.

Looking at financial worth of items is about as objective as you can get, emotional worth would be the subjective approach.

[daemon]

popeyewhite said:

daemon said:

popeyewhite said:

daemon said:

From their perspective it might well be the cost effective / better option for them, just like from your perspective it isnt.

Both of those are very subjective

Objective.

Cost effectiveness and what makes a particular car a better option funded in a particular way for a particular person are both subjective.

Sorry you dont get that.

Looking at financial worth of items is about as objective as you can get, emotional worth would be the subjective approach.

If you're doing 15,000 miles a year and need a car to get you to meetings / the airport on time every time and with no "down time" OR if there is down time you drop it off and they give you another car instantly and you dont have to worry about whats wrong you just pick it up and drive on then £5,000 a year on a lease may well seem very cost effective.

To do 3,000 miles a year in, and you live a couple of miles from work then a £5,000 a year lease may not be terribly cost effective.

Thus cost effectiveness relative to an individuals circumstance is subjective.

HTH.

[daemon]

popeyewhite said:

daemon said:

popeyewhite said:

daemon said:

From their perspective it might well be the cost effective / better option for them, just like from your perspective it isnt.

Both of those are very subjective

Objective.

Cost effectiveness and what makes a particular car a better option funded in a particular way for a particular person are both subjective.

Sorry you dont get that.

Looking at financial worth of items is about as objective as you can get, emotional worth would be the subjective approach.

Even to use your terminology instead of mine, surely you can see that the financial worth of an item to a person will vary dependent on a persons requirements?

[SwissJonese]

Was trying to sell a 2012 F20 BMW 118i for the last 3 weeks. Low mileage, Auto, Sport Model, hardly any marks on the bodywork or inside, put it for sale 500quid below Parkers Guide etc. No a single call/email after 1150 views on Autotrader, not even "how much for it". Tried ebay too, only offers from dealers. It had to go, so sold it to WBAC this week, shame was a lovely car.

My C350 Estate sold in 4 days (4 buyers lined up), my Golf R32 sold in 5 days. In fact all my previous cars have sold within 2 weeks.

For us leasing is now the way forward, no hassle of trying to sell our Tiguan later on as just hand back the keys. It is also going to cost less per year than the depreciation on this previous 5 year old BMW 118i.

[DonkeyApple]

Have you tried advertising it overseas and at all UK holiday hotspots as that is where all your potential customers are at the moment.

I think that trying to sell anything in August tends to be a pretty pointless exercise as a very significant number of potential buyers are not at work but on holidays. And even if they aren't, if they have children they are more focussed on preventing their mother from throttling them by this stage of the school holidays.

I also have a suspicion that people are nowadays spending considerably more money in July/ August than they used to because of all the festivals and kiddy day trips on top of the usual week away.

I think the market for almost everything is slow this year but it's hard to look at the three weeks in August and specifically say there is anything wrong with the market or the car etc.