are performance cars selling

[jonah35]

are the stuff like v8v's, bentley gt's, m6's, m5's, 997's, sl amg's etc selling at the moment quickly or are prices taking a nosedive?

noticed some cheap metal recently but not sure if now is a good time to take the plunge!

there was an article in evo about cars like the cliosport 197 being cheaper than the equivalent clio diesel. is this because the high road tax, credit crunch, recession mark 2 and so on meaning that people really just don't want the hassle of having these cars that cost £10 in fuel to drive for 10 minutes!

or, is now a good time to buy?

[steveatesh]

For me that depends upon your own personal circumstances. If you have enough coming in to pay essentials such as house, food, utilities, clothing, fuel for work etc and still have some left over then it's a personal choice whether you spend it on such a car or something else or keep it in the bank.

I bought AM V8V end of 2009 and never looked back, but perhaps for me was seeing a close friend and neighbour pass away due to cancer well before what we would expect so I took the plunge - it was the right time for me.

Added onto that, the current spread of green totalitarianism in all of the main parties and Europe means they may well legislate them out before long. You are a long time dead in other words!

[confused_buyer]

Top end newish stuff seems to be OK but they're really suffering at the mid-range.

Basically, the people who could afford these cars new still can but it is the 2nd or 3rd owner profile who seem to be suffering.

Basically, the sort of £5k-£25k new/used sort of range where people would have bought them as a "treat" or as a second weekend car seem either be feeling the pinch or not confident enough about the future to buy. Just look how many 3-8 year old high performance or fun sports cars are for sale and not selling - on this forum alone.

However, it is true, if you have the cash drive a hard bargain. Life is too short.

[jonah35]

thanks chaps, just seeing if it's worth waiting a year for one not 5 or ten years though.

i personally think waiting till mid next year when the cuts come in and so on may be better.

i know it's not all about cash but if a v8v drops from say 40k to 28k then that's a lot of money for waiting 12 months

[markmullen]

For us the £10k - £50k sector and the £100k plus stuff is doing well, the middle £50k - £100k is a bit quieter.

[krisdelta]

jonah35 said:

thanks chaps, just seeing if it's worth waiting a year for one not 5 or ten years though.

i personally think waiting till mid next year when the cuts come in and so on may be better.

i know it's not all about cash but if a v8v drops from say 40k to 28k then that's a lot of money for waiting 12 months

I can't see a V8V that you'd want to own hitting <30k especially as that is 07 money currently, they are still low volume cars and aven high mile early cars are fetching a chunk more than 30k. Happy to be proven wrong by a double dip recession however! Any idea what an early v8v was fetching in early 2008? Might be an indicator

[Robbo101]

Slightly less exotic machinery than the OP mentioned, but have been keeping a close eye on Nissan 350Z prices for the past few months with a view to upgrading my current snotter. Even as recently as May of this year, was nigh on imposible to locate any 350Z (even an Import or automatic) at less than £7000. Now though, there are at least 40 on Autotrader alone & the Imports from a private seller are routinely on sale at £5000 or so. Was interested in a UK model 2004 plate manual in silver with 115,000 miles which trickled down from £6500 to £5295 over the past few weeks & even then the Trader was taking offers.

Think if you can afford the insurance, petrol & car tax on something a little out of the ordinary, then mow is the time to buy. And as for RX8's - there prices are just plain silly.

[jonah35]

Robbo101 said:

Slightly less exotic machinery than the OP mentioned, but have been keeping a close eye on Nissan 350Z prices for the past few months with a view to upgrading my current snotter. Even as recently as May of this year, was nigh on imposible to locate any 350Z (even an Import or automatic) at less than £7000. Now though, there are at least 40 on Autotrader alone & the Imports from a private seller are routinely on sale at £5000 or so. Was interested in a UK model 2004 plate manual in silver with 115,000 miles which trickled down from £6500 to £5295 over the past few weeks & even then the Trader was taking offers.

Think if you can afford the insurance, petrol & car tax on something a little out of the ordinary, then mow is the time to buy. And as for RX8's - there prices are just plain silly.

true, but ask most people if they'd want an rx8 given for free if they had to pay the 20mpg fuel costs and most normal people would say no. ok all us ph'ers would want one but for most people paying £24 to drive a 40 mile trip to work and back is plain silly. (obviously not for higher earners but for the type of people who buy a car for less than 10k i'd imagine that that kind ofmoney is mortgage money!)

[J4CKO]

The RX8 is a nice car but it isnt nice enough to for most to overlook the much publicised drawbacks.

I fancy an E46 M3 but prices seem to have firmed up, are these selling, some are up for 15/20 grand which seems a lot, I was thinking ten or not much over but they tend to be old, leggy and scruffy.

[BarnatosGhost]

jonah35 said:

Robbo101 said:

Slightly less exotic machinery than the OP mentioned, but have been keeping a close eye on Nissan 350Z prices for the past few months with a view to upgrading my current snotter. Even as recently as May of this year, was nigh on imposible to locate any 350Z (even an Import or automatic) at less than £7000. Now though, there are at least 40 on Autotrader alone & the Imports from a private seller are routinely on sale at £5000 or so. Was interested in a UK model 2004 plate manual in silver with 115,000 miles which trickled down from £6500 to £5295 over the past few weeks & even then the Trader was taking offers.

Think if you can afford the insurance, petrol & car tax on something a little out of the ordinary, then mow is the time to buy. And as for RX8's - there prices are just plain silly.

true, but ask most people if they'd want an rx8 given for free if they had to pay the 20mpg fuel costs and most normal people would say no. ok all us ph'ers would want one but for most people paying £24 to drive a 40 mile trip to work and back is plain silly. (obviously not for higher earners but for the type of people who buy a car for less than 10k i'd imagine that that kind ofmoney is mortgage money!)

I think we're less than 12 months from an RX-8 SOTW.

No badge, good initial sales, massive fuel consumption, expensive and frequent repairs, unconventional styling, weird configuration/accomodation, really weird technology...roll-up folks but don't get too close, it's a depreciation Perfect Storm.