Cheapest/Best time to buy MX5?
Cheapest/Best time to buy MX5?
Author
Discussion

Conor D

Original Poster:

2,124 posts

198 months

Monday 2nd August 2010
quotequote all
My plan was to pick up an MX5 for the summer, but due to Insurance it never really happened and it's getting a bit too late now.. But I still want one.

So i'm thinking, do the prices change much after the summer? Could I pick up a cheap MX5 in Autumn/Winter when some people might want rid of them, then keep it around until the summer..


CaptainSlow

13,179 posts

235 months

Monday 2nd August 2010
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I guess it depends on what age of car you are looking for. An early MK1 may drop a hundred quid or so but it's more important to move quickly as and when the right car comes up.

Monumental

401 posts

249 months

Monday 2nd August 2010
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In my experience the reality is that prices don't change with the seasons. It's probably just dealer talk used during haggling to get a better price. Fall for it if you wish to...

As mentioned above, just buy a good one when you find it.

Conor D

Original Poster:

2,124 posts

198 months

Monday 2nd August 2010
quotequote all
Monumental said:
In my experience the reality is that prices don't change with the seasons. It's probably just dealer talk used during haggling to get a better price. Fall for it if you wish to...

As mentioned above, just buy a good one when you find it.
Its just even when I was looking at the start of the summer, there were 2004 Euphonic MX5's going for about £4000.. Then when we got the good weather, these prices all seemed to jump to around £6000. I was thinking the opposite might happen come Christmas.

I'd love a good UK 1.8 Mk1..

LukeBird

17,170 posts

232 months

Monday 2nd August 2010
quotequote all
Conor D said:
Its just even when I was looking at the start of the summer, there were 2004 Euphonic MX5's going for about £4000.
They were that low?!

MX-5 Lazza

7,954 posts

242 months

Monday 2nd August 2010
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The price of all small cheap 2nd hand cars has gone up. It's a symptom of the financial climate, people can't afford expensive cars so they all want cheap 2nd hand cars. Supply & demand means that cheap cars become more expensive. Try finding a Fiesta at a decent price and you'll see what I mean!

Edited by MX-5 Lazza on Monday 2nd August 23:16

JFReturns

3,783 posts

194 months

Tuesday 3rd August 2010
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I had a massive hankering for an old Landy when I got stuck in snow. On a sunny day I don't. Buy your '5 in the depths of winter and I think you will get a bargain.

drgoatboy

1,996 posts

230 months

Tuesday 3rd August 2010
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I've been keeping a general eye on 5 prices and sales over the last month or so as I'm considering buying in the not too distant future. 5 prices seem to vary wildly anyway but they did seem to go up slightly in the July and seem to be lowering a bit now. I know when I had my Vx220 prices varied a few hundred quid between seasons.
There is simply less demands for convertibles in the winter, if someone wants rid in the winter then they'll probably have to lower their price for a quick sale. Don't expect massive dfferences though...

Ari

19,764 posts

238 months

Wednesday 4th August 2010
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I think the way to look at this is through the seller's eyes. If you had an MX5, would you sell it for £2K less because it's winter? Or (if that's the difference) would you simply wait a few months..?

The other thing to consider is you'll probably get much more choice in summer as that seems to be a sensible time to sell a soft top.

hornetrider

63,161 posts

228 months

Wednesday 4th August 2010
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LukeBird said:
Conor D said:
Its just even when I was looking at the start of the summer, there were 2004 Euphonic MX5's going for about £4000.
They were that low?!
No they most definitely were not, as I was looking at the time before I opted for my Sport Tech. Cheapest was around five and a half.

youngsyr

14,742 posts

215 months

Thursday 5th August 2010
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There are generally a lot of MX-5s on the market compared to some other cars, some are over-priced, some are under-priced, just as some are good cars and some are dogs.

I agree with others that seasonality is less of a factor than the general variance between sellers, but there probably is a few hundred quid in it between the depths of winter and the height of summer for the same car, simply because sellers know that not many people look for convertibles in December and they're in a weaker position come negotiating time if they want rid of it.

February/March this year was a good time to pick one up as most people were still thawing out from the pretty extreme winter we just had, but there was still a big difference for similar cars between sellers even then.

What you ideally want is to find a general second hand car salesman who has taken in a special edition MX-5 as a trade in, knows nothing about it and is pricing it the same as a normal MX-5, that is where the real bargains are.

HereBeMonsters

14,180 posts

205 months

Thursday 5th August 2010
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I really should get rid of mine, but I can't help feeling that I don't want to sell right now. If the right offer came along I probably would.

Gizmo!

18,150 posts

232 months

Thursday 5th August 2010
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Thing is if you wait until Christmas all the nice ones are either tucked up safely in their garages until the sun comes out, or they're being used day in day out in the freezing cold by fools PHers. wink

Conor D

Original Poster:

2,124 posts

198 months

Sunday 16th January 2011
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I just went looking for one of these threads to see if anyone would be up for selling me their MX5.. I did not realise I've been after one since August.. eek

So, yea, If you have a Pre 90bhp 1.6 UK MX5 for sale.. In Blue. Then let me know.. driving I've been looking nearly every day, and it's been hard to try and find the right one.

rfn

4,601 posts

230 months

Sunday 16th January 2011
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I've got a black 1.8 '95 UK car for sale? Completely diferent to what you asked but hey-ho!!!
ETA: Open to offers on what my ad actually states.

Edited by rfn on Sunday 16th January 20:57

doogalman

818 posts

268 months

Sunday 16th January 2011
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Got a green 1'6 going on sorn at the end of the month with a view to sell . £950

Doniger

1,975 posts

189 months

Sunday 16th January 2011
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LukeBird said:
Conor D said:
Its just even when I was looking at the start of the summer, there were 2004 Euphonic MX5's going for about £4000.
They were that low?!
*snort* Were they buggery. CatC/D repairs might have been.

Seasonal changes in price are bks. Some people do take the piss with their asking prices at the height of summer, but come November they find their cars are still for sale, while reasonably priced ones are gone within days.

Major Fallout

5,278 posts

254 months

Sunday 16th January 2011
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Paddy_N_Murphy said:
Wind the clock back 6 months and think of ALL the threads on people looking to buy Defenders / 4x4's.

THAT was the time to buy an MX5

Fella. you have missed the boat.

Buy you Defender now, and buy a complimentary MX5 in December.

PH approved Pair right there for you !

HTH



mind you - look a the st weather we have, hardly classic soft top climate this is it !
smile That's when I sold my Defender and got my MX5

Conor D

Original Poster:

2,124 posts

198 months

Monday 17th January 2011
quotequote all
Doniger said:
LukeBird said:
Conor D said:
Its just even when I was looking at the start of the summer, there were 2004 Euphonic MX5's going for about £4000.
They were that low?!
*snort* Were they buggery. CatC/D repairs might have been.

Seasonal changes in price are bks. Some people do take the piss with their asking prices at the height of summer, but come November they find their cars are still for sale, while reasonably priced ones are gone within days.
That was a big issue when I was looking at the end of last summer.. Any time I rang about a car, it was nearly always gone. Also having to travel from Northern Ireland to view a car meant it was hard to even get one to view..

I'm in Liverpool now though and I finish up for the summer in May, which means I should have prime time to find a car, hoon around the UK for a while and return home.

phil_cardiff

8,295 posts

231 months

Monday 17th January 2011
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Cough* I'm selling mine in April/May to pay for my wedding. Cough*