Peugeot 106 GTi fetching "ridiculous" prices?
Discussion
Can anyone tell me why any decent 106's are fetching 3k? You can get one with moon miles on it for a fair wack cheaper but just a quick browse why does a cheap french hatchback retain a 1/4 of its original value 10-13 years on?
I really fancy one of these, or the saxo vts, but i'm struggling to see why they are fetching such premiums...
Of course, parkers prices them at wayyy under a grand
I really fancy one of these, or the saxo vts, but i'm struggling to see why they are fetching such premiums...
Of course, parkers prices them at wayyy under a grand
Danny S said:
Can anyone tell me why any decent 106's are fetching 3k? You can get one with moon miles on it for a fair wack cheaper but just a quick browse why does a cheap french hatchback retain a 1/4 of its original value 10-13 years on?
I really fancy one of these, or the saxo vts, but i'm struggling to see why they are fetching such premiums...
Of course, parkers prices them at wayyy under a grand
Supply and demandI really fancy one of these, or the saxo vts, but i'm struggling to see why they are fetching such premiums...
Of course, parkers prices them at wayyy under a grand
http://en.wikipedia.org/wiki/Supply_and_demand
Because they become affordable to nobheads who ruin them, then, the people who had them new all those years ago start to reminisce and will pay a premium for the very few that are left in good condition, they then get scarce on the for sale market and people are prepared to pay what ever it takes for a good one.
ETA
In 2002 I bought a 3yr old Diablo Red example with 26k on clock FSH totally standard for £4.5k!
ETA
In 2002 I bought a 3yr old Diablo Red example with 26k on clock FSH totally standard for £4.5k!
Edited by GarryA on Wednesday 29th September 15:40
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
RobM77 said:
Because they're very good cars, and many have been ruined by chavs so the supply of good ones is small. The same thing's true of RX7s for example. I'd pay £3k for a good condition original 106 GTi; I wouldn't think twice about it.
That's about the size of it. I sold my Charade turbo for 3.5k. To most people paying that much money for a 23 year old hatchback with 130,000 miles on it would seem crazy, but as has been said, its about supply and demand and the fact that people will pay out for a good example of a rare car.doogz said:
CampDavid said:
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
If you want to get really technical, the very last of the VTS's actually had larger torsion bars as well, 20mm as opposed to 19mm on the rest of them, and the GTi.Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
Also, obviously, the Ph1 VTS came on 14's as well, so they were no different to the GTi.
Rallye's go for silly money these days too.
Pity mine is
A. Not standard, not even close.
B. A bit of a shed atm.
I'll never sell it anyway.
I've never really figures out why the P2 Rallye does so well, it's nothing special while the 1.3 one was a real fire cracker. I do like your sheddy one though
I guess I don't understand people
If you shop about there are a few bargains, Mrs Saleen has an 'R' reg 106 gti for the track in Cobalt Blue, less than 100k on the clock along with 6 months tax and test I picked it up for £600! 
All it had wrong is a scratch on passenger wing/door and the driver door safety strap had broken and where the wind took the door it put a small crease in it.
All it had wrong is a scratch on passenger wing/door and the driver door safety strap had broken and where the wind took the door it put a small crease in it.
CampDavid said:
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
+1Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
Although I see many more 106 GTi's around than VTS'. VTR's are another story though...see them every 5 minutes!
Edited by Kitchski on Wednesday 29th September 18:08
I wonder if part of it is to do with insurance.
Since the 106 GTI, every new hot hatch has had either a 2 litre engine or forced induction, and over 150hp. I haven't checked this but I should imagine that for a 21year old, insuring a 106 GTI stacks up much more favourably than a Fiesta ST, Clio Sport or an Ibiza Cupra.
Since the 106 GTI, every new hot hatch has had either a 2 litre engine or forced induction, and over 150hp. I haven't checked this but I should imagine that for a 21year old, insuring a 106 GTI stacks up much more favourably than a Fiesta ST, Clio Sport or an Ibiza Cupra.
busta said:
I wonder if part of it is to do with insurance.
Since the 106 GTI, every new hot hatch has had either a 2 litre engine or forced induction, and over 150hp. I haven't checked this but I should imagine that for a 21year old, insuring a 106 GTI stacks up much more favourably than a Fiesta ST, Clio Sport or an Ibiza Cupra.
Fiesta ST is same if not lower than a 106 Gti mateSince the 106 GTI, every new hot hatch has had either a 2 litre engine or forced induction, and over 150hp. I haven't checked this but I should imagine that for a 21year old, insuring a 106 GTI stacks up much more favourably than a Fiesta ST, Clio Sport or an Ibiza Cupra.
But yeah you may have a point
I'm 18 and looking for one of these french hatches since i cannot insure a 2.0 clio
CampDavid said:
doogz said:
CampDavid said:
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
If you want to get really technical, the very last of the VTS's actually had larger torsion bars as well, 20mm as opposed to 19mm on the rest of them, and the GTi.Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
Also, obviously, the Ph1 VTS came on 14's as well, so they were no different to the GTi.
Rallye's go for silly money these days too.
Pity mine is
A. Not standard, not even close.
B. A bit of a shed atm.
I'll never sell it anyway.
I've never really figures out why the P2 Rallye does so well, it's nothing special while the 1.3 one was a real fire cracker. I do like your sheddy one though
I guess I don't understand people
As others have said if you can handle the supposed image, buy a Saxo VTS, it's the same car underneath. You're going to struggle to find an unmolested Gti, Rallye or VTS these days but despite this many have been well looked after, especially the Rallyes IMO.
Ponk said:
CampDavid said:
doogz said:
CampDavid said:
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
If you want to get really technical, the very last of the VTS's actually had larger torsion bars as well, 20mm as opposed to 19mm on the rest of them, and the GTi.Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
Also, obviously, the Ph1 VTS came on 14's as well, so they were no different to the GTi.
Rallye's go for silly money these days too.
Pity mine is
A. Not standard, not even close.
B. A bit of a shed atm.
I'll never sell it anyway.
I've never really figures out why the P2 Rallye does so well, it's nothing special while the 1.3 one was a real fire cracker. I do like your sheddy one though
I guess I don't understand people
As others have said if you can handle the supposed image, buy a Saxo VTS, it's the same car underneath. You're going to struggle to find an unmolested Gti, Rallye or VTS these days but despite this many have been well looked after, especially the Rallyes IMO.
Good luck with that dude, wont be easy! Saying that though there are several people over on the RR returning S1's back to standard, right down to the tape player! I think they are reaching the age that they are verging on being modern classics and worth saving.
I've always been an S2 man myself, but I did love the track prepped S1 Rallye I drove a while back. It was noticeabley more chuckable than my S2.
I've always been an S2 man myself, but I did love the track prepped S1 Rallye I drove a while back. It was noticeabley more chuckable than my S2.
I sold my mint (1 previous owner) GTi four or five years ago - standard tune, black with black leather and a sunroof, for about £3.5k. 40,000 miles on the clock, and it would probably still be worth that now had I kept it and looked after it.
Sadly it looks as though its been written off looking at the insurers database
RIP X195 WYA
Sadly it looks as though its been written off looking at the insurers database
RIP X195 WYA
CampDavid said:
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Gearbox is different internally too giving the saxo slightly different acceleration figuresIronic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
Edited by morgrp on Thursday 30th September 10:04
morgrp said:
CampDavid said:
They are twice as much as a Saxo VTS because there are very few by comparison and the Saxo is seen as having a poor image. The only people who could possibly buy a 106 GTI caring about "image" are the people who race around town centres on a Friday night.
Ironic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Gearbox is different internally tooIronic. Buy a perfect Saxo VTS instead, there are a fair few about owned by old ladies, weirdly. Anyone who tells you that the 106 handles a lot better - punch them until they bleed. other than a different wheel size (most 106s are on 15" after markets now anyway) and a 2mm difference in the rear roll bar they're identical.
Edited by CampDavid on Wednesday 29th September 16:50
Gassing Station | General Gassing | Top of Page | What's New | My Stuff