Cut price new VXR8s have had an effect...
Discussion
I used wewillbuyyourcar.com as a rough guide before I bought mine in August.
They are now offering only £250 less for October than they did two months ago.
If anything the available used cars are more expensive now than last two months ago, I've seen no evidence of a price crash for October.
They are now offering only £250 less for October than they did two months ago.
If anything the available used cars are more expensive now than last two months ago, I've seen no evidence of a price crash for October.
nobody ever ever gets what wewillbuyyourcar originally offer.
"oh look theres a stone chip on the underside -1000 quid"
"some brake dust here in the wheels -1000 quid"
"these wipers look USED -1000 quid"
Glasses guide has yet to be updated and is showing for my old 2007 57 LS2 VXR8 19,650 however I managed to get 23k part ex so was quite happy about that !
"oh look theres a stone chip on the underside -1000 quid"
"some brake dust here in the wheels -1000 quid"
"these wipers look USED -1000 quid"
Glasses guide has yet to be updated and is showing for my old 2007 57 LS2 VXR8 19,650 however I managed to get 23k part ex so was quite happy about that !
Although it may be a relatively rare car, I think it's unrealistic to compare the depreciation of top-end sports models from prestige brands with the prices of Vauxhalls. A Vauxhall will never retain the same value as an M3 or RS4, it's simple badge snobbery and demand at play here.
That said, now that the supply of manual VXR8 has ceased, prices of manuals at least seem to be solidifying at least as the supply is exhausted.
If you worry about depreciation, don't buy a Vauxhall...
Mart.
That said, now that the supply of manual VXR8 has ceased, prices of manuals at least seem to be solidifying at least as the supply is exhausted.
If you worry about depreciation, don't buy a Vauxhall...
Mart.
Jellyfishfields said:
If anything the available used cars are more expensive now than last two months ago, I've seen no evidence of a price crash for October.
Certainly not a price crash by any means just the first time they have gone down this year.Its not October yet so we buy any car b
ks probably wont have been updated yet.Captain Caveman said:
...A Vauxhall will never retain the same value as an M3 or RS4, it's simple badge snobbery and demand at play here.
If you worry about depreciation, don't buy a Vauxhall...
Mart.
If you worry about depreciation, don't buy a Vauxhall...
Mart.
You're right of course 08 M3 79%, VXR8 68%. But it seems unfair that our beloved V8s have been singled out this month (and I've got to fork out 405 sovs for the privilege of driving same tomorrow)!
Englishman said:
If you look at £'s rather than %'s VXR8's depreciate far less than BMW's. I'd have to give away my VXR8 to loose as much as I did on an M5.
Edited by Englishman on Wednesday 30th September 19:42
Exactly well put, your BMW being worth 60% after 3 years for example but costing £80k new or whatever they do is still a lot of bloomin money to lose!
Cars being worth high %'s are great but when they cost daft money it doesnt add up.
ads_green said:
nobody ever ever gets what wewillbuyyourcar originally offer.
"oh look theres a stone chip on the underside -1000 quid"
"some brake dust here in the wheels -1000 quid"
"these wipers look USED -1000 quid"
Glasses guide has yet to be updated and is showing for my old 2007 57 LS2 VXR8 19,650 however I managed to get 23k part ex so was quite happy about that !
Keep hearing mixed reports about them, some get what they are offered some don't."oh look theres a stone chip on the underside -1000 quid"
"some brake dust here in the wheels -1000 quid"
"these wipers look USED -1000 quid"
Glasses guide has yet to be updated and is showing for my old 2007 57 LS2 VXR8 19,650 however I managed to get 23k part ex so was quite happy about that !
Depends how accurate they are with the original details I guess, I've never dealt with them myself so I don't speak from personal experience.
Not that I'm planning to be selling it anytime soon, one of the few cars that I've owned where the novelty has not worn out after the first month, I just like to keep an eye on what it's worth.
wormus said:
I think it's related to fuel duty, petrol has gone up again so the demand for thirsty motors goes down. Anyway, who cares what your car is worth? Only a fool buys one as an investment and they cost sod all to start with compared to the RS4 or M3.
Sod all to start with but bloody hell we soon make up for it
Worth it in the end though
After_Shock said:
ads_green said:
Glasses guide has yet to be updated and is showing for my old 2007 57 LS2 VXR8 19,650 however I managed to get 23k part ex so was quite happy about that !
Clearly they had about 5grand margin in the car they were selling you that they knocked off then!
It was a new car and doubt that much - I know the people there and they are gtting hammered by the manufacturer to shift quantity and not worry about cash.
The added bonus is that the tax was due end of sept (440), insurance (600), 2nd service (300ish), 2 rear tyres (???) 2 front brake pads/discs.
Loved the vxr8 and glad I had 2 good years of the big v8 but time for something different.
After_Shock said:
Jellyfishfields said:
If anything the available used cars are more expensive now than last two months ago, I've seen no evidence of a price crash for October.
Certainly not a price crash by any means just the first time they have gone down this year.Its not October yet so we buy any car b
ks probably wont have been updated yet.The reason for the first drop of the year is most likely because I bought one.
Anyway, however you look at I don't see anything to touch it for the same money.
Bonnie and Clyde said:
wormus said:
I think it's related to fuel duty, petrol has gone up again so the demand for thirsty motors goes down. Anyway, who cares what your car is worth? Only a fool buys one as an investment and they cost sod all to start with compared to the RS4 or M3.
Sod all to start with but bloody hell we soon make up for it Worth it in the end though
Exactly. There's no point buying a 6.0L Vauxhall and complaining it's not mainstream. If you resign yourself to keeping it forever, depreciation becomes immaterial. If you want something that holds its value over 3 years buy a diesel Mini and be laughed at by your mates (if you have any).
wormus said:
Bonnie and Clyde said:
wormus said:
I think it's related to fuel duty, petrol has gone up again so the demand for thirsty motors goes down. Anyway, who cares what your car is worth? Only a fool buys one as an investment and they cost sod all to start with compared to the RS4 or M3.
Sod all to start with but bloody hell we soon make up for it Worth it in the end though
Exactly. There's no point buying a 6.0L Vauxhall and complaining it's not mainstream. If you resign yourself to keeping it forever, depreciation becomes immaterial. If you want something that holds its value over 3 years buy a diesel Mini and be laughed at by your mates (if you have any).
ads_green said:
After_Shock said:
ads_green said:
Glasses guide has yet to be updated and is showing for my old 2007 57 LS2 VXR8 19,650 however I managed to get 23k part ex so was quite happy about that !
Clearly they had about 5grand margin in the car they were selling you that they knocked off then!
It was a new car and doubt that much - I know the people there and they are gtting hammered by the manufacturer to shift quantity and not worry about cash.
The added bonus is that the tax was due end of sept (440), insurance (600), 2nd service (300ish), 2 rear tyres (???) 2 front brake pads/discs.
Loved the vxr8 and glad I had 2 good years of the big v8 but time for something different.
If your old car booked at £19,600 and was in mint condition and didnt need anything doing it wouldnt be worth more than £18500 to a dealer due to the risk element of the car, factor in the tax being due, the service and 2 rear tyres who know what they valued it at, £18k possibly on a very good day if the sun was out and the manager was in a good mood and they had a buyer for it, for them to offer you £23k back is purely discount out of the new car so a guess of £5k didnt seem bad!
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