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Author Topic: Car Prices Falling?  (Read 2285 times)

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2am Omega

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Car Prices Falling?
« on: 11 March 2009, 13:06:40 »
Second hand car prices seem to be falling further. See the Parkers website ..

http://www.parkers.co.uk/choose/Wizard.aspx

Enter your car Registration Number in the bottom section then click for Private Sale or Part Exchange. Do you believe these estimates are realistic? Valuations for Omegas seem particularly low.
« Last Edit: 11 March 2009, 13:09:04 by 2am »
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John Lewis

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Re: Car Prices Falling?
« Reply #1 on: 11 March 2009, 14:50:05 »
Well the V6 I just bought for 450 3 weeks ago now says 300, hmmm. Bothered though - no buggers getting that!
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tunnie

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Re: Car Prices Falling?
« Reply #2 on: 11 March 2009, 15:21:22 »
some still go for 8k  ::)

But yes prices are falling, which is a good thing for us!
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Andyb

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Re: Car Prices Falling?
« Reply #3 on: 11 March 2009, 17:15:20 »
to be honest (my own opinion) i dont care how much they drop
i still wouldnt sell mine now for any less than £3000 even if its only worth £1000 on the open market
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Andy B

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Re: Car Prices Falling?
« Reply #4 on: 11 March 2009, 18:11:38 »
I think I'll advertise mine for £7995 and see what happens ........  ::)

unfortunately it's not recognised by the above Parkers wizard. :-?  :-?
« Last Edit: 11 March 2009, 18:12:29 by Andy_B »
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immx

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Re: Car Prices Falling?
« Reply #5 on: 11 March 2009, 18:17:48 »
Well I bought mine for £871 a month ago and it says its worth £1,110  :y
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MutantCav

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Re: Car Prices Falling?
« Reply #6 on: 11 March 2009, 18:32:52 »
£430 for my 98 Tourer but it has a 3.0 engine in it which will either make it more or less desirable cost £450 couple of months ago lol

£810 for the Sintra which cost £260  :y
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markfree

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Re: Car Prices Falling?
« Reply #7 on: 11 March 2009, 18:46:53 »
Quote
Second hand car prices seem to be falling further. See the Parkers website ..

http://www.parkers.co.uk/choose/Wizard.aspx

Enter your car Registration Number in the bottom section then click for Private Sale or Part Exchange. Do you believe these estimates are realistic? Valuations for Omegas seem particularly low.

 Mine was valued at £1000 and I paid just over a grande for it 6 months ago so mine has hardly fallen in price in 6 months - tho' have spent well over £200 servicing it.
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2am Omega

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Re: Car Prices Falling?
« Reply #8 on: 11 March 2009, 20:54:53 »
Just £425 for my 97R 2.5 Elite .. maybe their system can detect that my petrol tank is running low?

Mine is a lot of luxury car for that price !!
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star_whites

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Re: Car Prices Falling?
« Reply #9 on: 11 March 2009, 21:16:25 »
lol, it reacons I have my 2.0 advertised for £5 less than its worth. Should have it on at £455  ;D

Saying that though my 3.0 is listed as £150 less than I paid  >:(
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going crazy

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Re: Car Prices Falling?
« Reply #10 on: 12 March 2009, 00:14:46 »
mine is just 180 quid and I paid 400 just a few months back + spent loads getting the MOT...

What next.. scrap it or repair it?
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tmx

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Re: Car Prices Falling?
« Reply #11 on: 12 March 2009, 00:17:01 »
£635 for my Mini Fl MV6 i only paid £200 for it so its a small profit :y
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willyboy

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Re: Car Prices Falling?
« Reply #12 on: 12 March 2009, 00:23:08 »
One of my miggys registration isnt recognised using the parkers guide link :-[
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MutantCav

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Re: Car Prices Falling?
« Reply #13 on: 12 March 2009, 07:32:30 »
Quote
mine is just 180 quid and I paid 400 just a few months back + spent loads getting the MOT...

What next.. scrap it or repair it?
Really its what the cars worth to you...if its MOT'd now then you may as well use it...what repairs does it need...if your gonna spend hundreds on the car then its a choice of getting another that may or may not need work (buying second hands a lottery) or spending the money on the one you have which you know a little already...
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oro

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Re: Car Prices Falling?
« Reply #14 on: 12 March 2009, 08:20:55 »
Seems to me the overriding rule as with most consumable products that are not essential e.g. miggy or pug or ford and are a matter of choice is 'what is it worth to you'.
That's a complex decision that is arrived at differently by each person e.g. size, equipment, depreciation, economy, style and image.
I really think my mig looks great it has loads of space that I use, I use and value many of it's 'toys' and although it comes with it's own occasional mechanical problems, with the help of this fantastic resource (yes you lot) I think it's the best value car I have ever owned.
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