Prices of the P1's are going down
11 August 2003, 04:30 PM
#1
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Just looking at the prices of the P1's in the autotrader and they seem to be going down quite alot. Just noticed an X reg in there for £15,750....its a bit worrying for us P1 owners. I'm gonna keep the P1 for a long time, but whats it gonna be worth say in a couple of years.......
Kev
Kev
11 August 2003, 04:41 PM
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There was a p1 for sale from some sort of dealer several months ago for around £15,000 - £16,000. All i remember is that someone from here went to have a look at it and it was a proper dog, insurance write off rebuild etc. You gets what you pay for 99% of the time.
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11 August 2003, 05:54 PM
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i've had my P1 now for 2 weeks and am just enjoying the experience (big wow smile) 
fair point about lower prices but i think it is understandable. people are selling because the 3 years is up and out of normal warranty so there are naturally more to get hold of at the mo, more supply = lower price generally speaking. i think once these have new owners and they hold onto them (as i intend to) then prices will firm up again (not necessarily increase but hold), some cars will inevitably get written off leaving even less numbers.
the p1 will always be a sought after because of what it is, cars with low mileage will always be very saleable
all imo of course
fair point about lower prices but i think it is understandable. people are selling because the 3 years is up and out of normal warranty so there are naturally more to get hold of at the mo, more supply = lower price generally speaking. i think once these have new owners and they hold onto them (as i intend to) then prices will firm up again (not necessarily increase but hold), some cars will inevitably get written off leaving even less numbers.
the p1 will always be a sought after because of what it is, cars with low mileage will always be very saleable
all imo of course
08 December 2003, 02:18 AM
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I don't know how true this is. However, chap at work went to Colchester Car auctions a week or so ago. He claims he saw a P1 go through for 12.5K 
.
I don't know the condition, nor the mileage, etc. The chap is not the sort to tell shaggy dog tales (or should that be tails!!), but I tend to believe what he says.
[Edited by thecirsch - 8/12/2003 2:18:49 AM]
.I don't know the condition, nor the mileage, etc. The chap is not the sort to tell shaggy dog tales (or should that be tails!!), but I tend to believe what he says.
[Edited by thecirsch - 8/12/2003 2:18:49 AM]
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