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Whats happened to 2nd hand market ??

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Old 12 August 2004, 01:41 PM
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Trumble
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Question Whats happened to 2nd hand market ??

I dont understand it - what has happened to the second hand market for std MY 02 WRX - I cant sell mine for love nor money and theres bog allwrong with it!

Its been in autotrader for 2 weeks now and not a tickle.

Help

T.
Old 12 August 2004, 01:46 PM
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trumble ... do what I did - lower your price and accept that you're going to make a loss and you'll have 15 calls within 24 hours and the car sold within 48 for cash!

Everyone prices their car up first time - I just decided to accept a loss and take account for the bartering down people would try and do and set the price low. Guaranteed sale that way!

Or you could just pay for the biggest huge advert available and make the price a little lower than you orginally intended. That's how I sold my first car - again within 48 hours.
Old 12 August 2004, 02:20 PM
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sold mine this week after months on here, and about a month on autotrader.

Ended up taking 13k.

Car is literally mint, 30k miles, 52 plate, morrettes, uk300 lip, eibachs, the newer style 03 wrx wheels with new tyres, brand new discs and pads, Sti flaps, mats and quick steering rack.

First to see bought it, but it took months to get someone to see it!
Old 12 August 2004, 03:18 PM
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JasonHook
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Default And it's worse

It's even worse for circa MY99 models I really took a hammering when I PX'd mine against a nearly new Mazda 6.

Effectively 7000 for a sep 99 turbo, 64k miles no aircon.
Old 12 August 2004, 03:25 PM
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Its not that I want to make a profit - jsut not too much of a loss - when you buy a new car you accept it will be worth significantly less when you drive if off the forecourt.

Am I asking too much at 12.5K given the spec ? See the add

T.
Old 12 August 2004, 04:16 PM
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That is quite a low price!!

Buy a huge add in Autotrader (£90) and take 1k off the asking price - see if you get any responses. Remember you don't HAVE to sell it at that price, just see if it is the price doing it or whether the buyers just aren't interested in the car.
Old 12 August 2004, 04:20 PM
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I thought 13k was more than reasonable.

I just need to sell - MY05 STI beckons!

T.
Old 12 August 2004, 04:39 PM
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I was in the same position mate ... needed to sell for my WR1 - ended up selling MY98 Turbo (with modifications and a cherished plate) for under 5700 - as I said though it needed to be sold and that's all people wanted to pay for it. Annoying but the loss was worth it as I get to drive around in a WR1 now
Old 12 August 2004, 04:49 PM
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Car jacking is the problem

I'd have a Scoob sat outside now, if I wasnt scared to death od idiots breaking in for the keys.
Old 12 August 2004, 04:54 PM
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Two months ago when I was looking, no-one here was selling! Now there are at least three that I would have been seriously interested in if I hadn't already bought one from a dealer. These things happen.


M
Old 12 August 2004, 04:55 PM
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I dont have to worry about that - the bloke down the road has a WR1 so I'm sure they'd nick that first

T.
Old 12 August 2004, 10:37 PM
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WITH WRX,S ON THE ROAD FOR 15.5 K AT MOTORPOINT AND OTHER CAR SUPER MARKETS ITS NO WONDER.PEOPLE THAT HAVE THE WRX BUGEYES ARE REALLY STRUGGLING TO SELL THEM.
Old 12 August 2004, 11:00 PM
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rising interest rates finaly slowing down borrowing?
Old 13 August 2004, 12:17 AM
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These new lower prices on car supermarket etc cars, are really having a knock on effect.
I feel sorry for those who bought a new bug eye a couple of years ago for around 20k.
Losing 8k in two years must really hurt

I bought my MY98 two years ago with fssh from a scooby deallership for 11k.
I have spent a few quid on it, but dread to think what its worth now.
Good job i'm not selling
Old 13 August 2004, 12:22 AM
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On the other hand if you are buying its pretty good. I picked up my bugeye from Subaru for under 13k with low milage and an excellent history.


Still got my trusty R plate golf in the garage though. Seems no one wants them no matter what the price!!
Old 13 August 2004, 12:34 AM
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ditto what previous posters have said !!

also, where else are you advertising it ? Its been pointed out before that Scoobynet is full of car enthusiasts.....many of whom already own decent cars !!

good luck
Old 13 August 2004, 07:32 AM
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I find it ironic that I get 14 replies to this question - but none for actually buying my car !

Its not the loss thats concerning me too much - I only paid 18K as I bought when they were trying to shift the last of the bugeyes.

I think I'll put another add in autotrader.

T.
Old 13 August 2004, 08:28 AM
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Daft question, but have you tried Ebay?

Just a thought.....

Dan
Old 13 August 2004, 08:29 AM
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It terrifies me to think that I paid 16,000 for MY98 nearly 4 years ago, ok so I had a few extra's put on it, but god knows what it is worth now, It's only done 48,000 from new
Cheers
Colin
Old 13 August 2004, 08:37 AM
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ebay

T.
Old 13 August 2004, 08:43 AM
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Trumble, maybe there just isn't a strong market for the bug eye car? And those huge fog lamps make the converted bug eyes look out of proportion to the car in my eyes.

No offense intended, I just remember there being quite a backlash against the look of the bug eye, and maybe people are after pre and post bug eye cars, unless it appears a total bargain. Just a thought. Looks like a top spec none the less.
Old 13 August 2004, 09:13 AM
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I kind of like the large driving lights with the morrettes (they make a massive differencein the dark) - but have to agree the original bug eye lights are awful.

T.
Old 13 August 2004, 09:18 AM
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Don't sneer at E-bay, I just sold my Smart on there for 5600 which is 100 more than parkers price it at
Old 13 August 2004, 09:27 AM
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there was a report on teletext this morning saying new car prices have dropped 9% in the last 5 years, and used cars dropped 25% in the same period.

Think the issue with bugeyes specifically is down to a combination of things@

- new shape available, nearly always hurts residuals of the previous shape
- pretty good economy and lower new car prices means more people buying new
- too many used cars + above point = used prices dropping quickly anyway.
Old 13 August 2004, 09:35 AM
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Ebay is good for cars, people pay silly money for them without even looking at them.
Old 13 August 2004, 04:07 PM
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Its ok buying from Motorpoint etc. But, I checked when I bought mine last year and they only offer 12 months warranty, and they are imported from Europe. Got mine from a main dealer, couldn,t afford any warranty problems as the wife drives it for work.
Old 13 August 2004, 07:29 PM
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Yes the Car Jacking has stopped me going for one cant be doing with worrying every time i get out that some body is going to try and nick it.
Old 13 August 2004, 08:07 PM
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Default wrx turbo new model03

went to trade in my wrx turbo with 9000 immac miles on it 2 weeks ago and got offered 14,000 for it, it's immaculate, ok needs tyres soon, but was shocked at what i was offered after paying more than 20,500 for it 12 months ago!
Old 13 August 2004, 08:57 PM
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Took me 5 months of constant advertising to sell my V4 Type R. It was in mint condition and only 38k from new. It's one of the reasons I wouldn't buy another Subaru (that and the fact I'm buying a 911 )

My mate has had his MY97 waggon up for sale since Feb again, excellent condition. Used scoobs seem to be as popular as a dose of the clap.

The drop in price has made them a chavsters dream. I cringe every time I see a bog rat in a scoob, unfortunately not an uncommon sight

As soon as they reach the 7-8k price range, scoobs should be destroyed to save the reputation (I think that ship has sailed)
Old 13 August 2004, 09:00 PM
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How much did you sell the V4 for in the end?


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