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I've just seen a one year old Discovery commercial with 10k miles on the clock on sale with Sytner for £83,700 Inc vat - same age, similar spec to the one I paid £23,700 less for brand new a year ago
Ridiculous
They are nuts at the moment
https://www.autotrader.co.uk/van-details/202204044283176?advertising-location=at_vans
Not £80k but still over £50k
Not quite in the same league but a mate has just sold a BMW 1 series for just over £2000 more than he paid for it 2 years ago, with around 15000 miles covered in that time
Not £80k but still over £50k
That's the pre facelift and the known to be dodgy crank snapping engine too, hence lower price
Is it the off-centre number plate that makes them so desirable?
Tempted to sell yours op? Cash in on the madness.
Tempted to sell yours op? Cash in on the madness.
Definitely, could do with the cash tbh - been a tough year. Not covid related, other shit
Not quite in the same league but a mate has just sold a BMW 1 series for just over £2000 more than he paid for it 2 years ago, with around 15000 miles covered in that time
The Dealer I got my car from approached me about buying another. They've offered me pretty much what I paid for it, 3.5 years & 40k later.
A replacement to the same spec & age (I bought mine at 4 months old and 10k) is currently getting on for twice what I paid for mine...
I'm keeping mine.
My new car ( new to me ) cost £1100 . Some of you ladies and gentlemen are very fortunate ....vehicles like that must be wonderful to drive you lucky things!
Someone where I work bought a new Defender 6 months ago at list price. He sold it back to the dealer he purchased it from a month ago for £15,000 more than he paid them for it.
vehicles like that must be wonderful to drive you lucky things
that's what they kid themselves. Still have to share the roads with the same twonks as the rest of us.
Tempted to sell yours op? Cash in on the madness.
It is tempting isn't it?
I bought a 2013 Tranait with 79k miles just under 3yrs ago for £4.5k (by far the most I have ever spent on a vehicle!) Now has just under 100k.
2013 Transits with 120k are now around £10k on Autotrader (!?) and mine has had a camper conversation since then...
.
Part of me is saying cash in and take a tidy profit while I can, and do it before diesel prices really go through the roof and values plummet.
The other half is saying they might not plummet and I do need something to drive and that is the perfect vehicle for me, rather than buy a bangernomics now and then buy back cheap next year it may just have got worse.
.
First World dilemmas and all that, it's a nice position to be in🤷♂️
Prices are mental now, so much so that we just haven't bothered replacing our 245. It was stolen & recovered in December (too far gone cosmetically to sort out, plus you don't know how badly it had been treated mechanically under the scrotes 'care' 😥 ) We were looking at used people carrier sort of affairs and - blimey! - how much?!?!? £2000 for a, basically, crashed-and-nailed-back-together shed? Nopety nope. Nopeski. Nein. No.
Meh. We just bought a couple of Tongsheng kits with big batteries and we'll hire a car if we ever need to instead. I reckon we had a lucky escape to be honest because trying to sell a thirsty car when fuel prices are only going upwards was always going to be a loser.
I've been looking at 986 boxsters (another first world dilemma). The Facebook owners group seems to be like a pyramid scheme. People join to ask how much their car is worth and everyone bids each other up resulting in the poster listing it for £7k instead of £5k like they planned ("New cars are in demand and therefore my 20 year old niche car must also be rocketing!") Thankfully it seems like these ones don't actually sell
Fine if you sell now to rake in a profit, but then what are you going to buy? It’s like the housing market, hopefully both due a crash soon
My pal was looking at trading his car in - almost paid off the finance on it after 4 years. It's worth more for trade-in against a new one than he has paid in total depite clockking up 40k miles per year. It's not even a particularly desirable car, just a bog standard vauxhall grandland
As I said to him though, what does a new car offer you that this doesn't, apart from four more years of payments.
Fine if you sell now to rake in a profit, but then what are you going to buy? It’s like the housing market, hopefully both due a crash soon
I'll admit, I was expectin the car market to drop months ago, my Dealer Mate was struggling in Oct saying they couldn't sell cars even with wafer thin margins because the auctions were crazy, but it's not colapased as eased a bit and the finance Cos are adapting by increasing their GFVs and extending the age of cars they'll offer PCPs on, you know, making the unafordable, afordable to keep the wheel turning.
The phrase "the new normal" is being used a lot, the market was being driven by the chip shortage and lack of new cars, but now, it's because prices are so high, a lot of us are wondering aloud "do I really want a new car?"
Personally, I'm staring down the barrel of a £900 service that's due I'm hoping to make someone else's problem, so I'm hoping to part-ex mine for something simular but newer, for the same sort of monthly (it matches my car allowance) but it doesn't seem possible, that £900 service is looking pretty good value at the moment.
I want to replace our 15 yr old Mazda 3 but I cannot stomach paying around £8k for a similar car that will be around seven years old and have higher milage than ours.
It's bonkers.
I got lucky with it getting two years essentially free motoring with my van.
Looking to buy new and trade in at £10.5K just as COVID was kicking off early 2020. I held off as I had no idea how covid might affect business.
Two years, and 32K miles later, I sold to WBAC for £11.8K this week.
The corresponding new van price rise in the same period wasn't much, but that's about to change going forward.
we keep getting flyers at work "we pay top money for premium and prestige cars".
I work at a car factory, that makes premium and prestige cars, 90% of the premium and prestige cars in the car park are company cars...
The corresponding new van price rise in the same period wasn’t much
From my casual browsing, good deals on new vans do seem to have dried up considerably.
So something like a basic Trafic might have been available for £17 or 18k pre-Covid, and the last time I looked there wasn't anything under about £25k new.
I'm not paying that close attention though. What prices are you seeing for new vans?
After spending months looking at secondhand cars I just decided to order a new one and wait it out. While I was there the sales guy mentioned someone had just bought an ex-demo and paid around £1000 over list price for a new one.
The autotrader suggested price for the Merc has gone up a bit, it's now close to the outstanding loan amount.
I’m not paying that close attention though. What prices are you seeing for new vans?
Me either, I ordered mine back in September, I'd imagine things are quite different now.
Now the changeover is done, I can happily ignore the whole thing for at least five years.
Chatting to the salesman the other day, he said that ordering my van today would have a minimum year wait (VW transporter) and price subject to change.
Seems to be some great deals on selling the vehicle, but unless you don't need it then you still have to pay the overinflated price for a replacement.
It is mental...saying that I'm happy to keep hold of what I've got as it works and is affordable. Saying that, it is always nice to look at new (or newer) cars and have a think...
I ordered an octavia on lease last June. Salesman still has no idea when but the prices have shot up so I'll stick with the deal I got plus I just keep extending my old lease which is a bargain £112 a month.
I looked into changing my car a few weeks ago for a Transit Connect a friend was selling cheap. Looked at what my car was worth and it was stupidly strong money for an 8 year old Fabia with 140k on the clock and the smallest engine: £4k and over were the offers I got, even had a few follow-up calls offering more! Considering I bought it new for £7700 (pre-reg but only 12 miles on the clock) it doesn't owe me a penny so to have it valued around that level is worrying me a bit. Sadly my mate woke up to how much his van was actually worth - he thought around £5k, sold it for nearly £9k! - so I didn't go ahead with it.
Looking on the various cheap marketplace selling things it's really scary seeing what would have been an old banger and worth £2-300 is now a £1.5k car. Stuff seems to not hit bottom price before it gets labelled a 'future classic' and the prices start climbing again.
2x 18 year old DIY serviced and well maintained cars here both of which have years of service left in them. Getting my hands dirty occasionally must have saved me an absolute fortune over the years.
I'm a dying breed though
That's all good but if you live in greater London like me...well the mayor wants to make it all ulez which means most older cars and van under 2015 will have to £12.50 a day to drive..im like 1/4 in the zone...all this talk about crazy price vans and I might have to buy a new one because my 2009 caddy is deemed no good
Blinking love that van, diy service good milage to the gallon 130,000 my little chuckle wagon
2x 18 year old DIY serviced and well maintained cars here both of which have years of service left in them. Getting my hands dirty occasionally must have saved me an absolute fortune over the years.
@RustyNissanPrairie - what car is that then?
@RustyNissanPrairie – what car is that then?
2004 Volvo V70 petrol, 200k miles owned for 12+ years. Hands down the best car we've ever had.
2004 Berlingo, 2.0HDI. 80k miles Bought last year after searching for ages - low owners well cared for. Has had temperamental electric's but I'm pretty much on top of that now.
Repair rather than replace.
^^ said with a deadpan face, it seems. 😀
^^ said with a deadpan face, it seems. 😀
and also mortgage paid off and well insulated from current financial events. I do appreciate how lucky we are but part of that comes down to happily maintaining our own cars and the realisation that a few grands worth of Berlingo does exactly the same job as that £80k+ Discovery the OP linked to.
https://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1955727&i=1620
^^ said with a deadpan face, it seems.
@IdleJon I think he missed the point of the 'joke' entirely 😂😂😂
🤷♂️
You were telling us about your old car. I asked you (with a username of Rusty Nissan Prairie) what old car you have.
Rusty
Nissan
Prairie
It’s like me standing in the pub the other day, dressed head to toe in hi-viz orange, waiting a while for the barmaid to finish something she was doing, a regular said “sorry mate she can’t see you”, I only got it when I got home 🤦🏻♂️
Sorry manflu/chest infection humour bypass at the moment.
You mean this old shed?
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Bingo!
2 years ago picked up a then 5 year old diesel estate for £8k, its now 7 years old with more miles but worth £9.5k apparently!
Should've bought a few more 😀
New car prices are to blame, mostly.
My car was £30k new, 2017 model. Current price for the same model, £42k!!!
New car prices are to blame, mostly.
My car was £30k new, 2017 model. Current price for the same model, £42k!!!
It's the lead time driving a lot of it too - order a land Rover today and you'll be lucky to get it in 12 months, with probably some standard spec items missing
order a land Rover... ...some standard spec items missing
Isn't that just a "feature" of the brand?
If it helps, the 4yr old mazda 3 we bought 4 months ago has lost 25% (£3300) according to wbac 🙄
Edit - but all equivalent on auto trader are more £
Isn’t that just a “feature” of the brand?
I hate this policy. £70k Porsche, oh you want radar cruise control? That's another £3k. And Android auto? That's £1.5k extra. Yet they're standard on an £18k ford fiesta...
If it helps, the 4yr old mazda 3 we bought 4 months ago has lost 25% (£3300) according to wbac
Isn't that just the difference between dealer price and trade in? If you bought from a main dealer in the morning and sold it to another an hour later, you'd lose thousands.
It's almost like buying new cars is for mugs, eh?
😉
We paid £16200 for a '69 plate Citroen c4 Grand Space Tourer with just over 12000 on the clock about this time last year. Fast forward to today amd we are closing in on 20000 miles. The dealer we got our car from have got some '69 plates with about 20k on the clock, same trim level, same engine, auto box etc for 24 grand.
We’ve chopped in two cars ( BMW 430 and a Range Rover Evoque) and got £13k equity back. We were prepared to wait for a stock replacement from new (3 month wait) so picking it up Monday. But prices are crazy for second hand at the moment.
My 55 plate Fiesta hasn't improved enough in value to afford an electric cargo bike so I'll stick as I am for now.
It’s like me standing in the pub the other day, dressed head to toe in hi-viz orange, waiting a while for the barmaid to finish something she was doing, a regular said “sorry mate she can’t see you”, I only got it when I got home 🤦🏻♂️
When I was a teenager a neighbour drove past me washing my Mum’s Pug 205. I was using a watering can to rinse it off. Old mate says “are you trying to grow a 405?”
I had no idea what he meant at all. One day I worked it out and felt so guilty for not laughing at what was actually bloody funny.
Not all cars are great value, I bought an S-line A3 for £14k and WBAC value is 10,500 at the moment!
If I’d bought the sport (but couldn’t find a nice one in blue) it’d be worth £10k…. S-lines seem to be a moneypit! 🤣
My timing is lucky. I ordered an EV through my work salary sacrifice scheme which turns up in 3 weeks. My A6 estate 4 year pcp has just finished. The bubble payment is 11.5k(which was already inflated to keep lease costs competitive) and I’ve just sold the car through motorway for 17k.
The balance will go towards a new solar/battery system at home.
Be wary with salary sacrifice schemes as it does affect or can affect the amount paid into your pension over that time