Secondhand car price crash?

[cc3]

Been looking at a few cars online Porsche BMW etc. shocked when I put the reg into Webuyanycar. £80k retail and some trade prices now £50k! Bottom dropping out of high end petrol hungry market?

[cc3]

av185 said:

WBAC isn't the market.

Just means they aren't buying a particular car because e.g. they may be fully stocked.

Similarly I could bid £5k for a £150k car. Doesn't mean thats its value.

Edited by av185 on Monday 7th March 21:53

Prices on same cars £15k higher last week.

[cc3]

Monthly outgoings will really start to bite in next few months. My energy company today sent me details of new payments needed from April after tariff increase. Dual fuel will be £350 pm I was paying £160 pm 12 months ago. And it will go up again in October by maybe another 40% ! And people think secondhand car prices won’t fall. I can see a lot of people trying to get into more economical vehicles over the summer