Notices
ScoobyNet General General Subaru Discussion
Sponsored by:
Sponsored by:

Some secondhand cars going up in price?

Thread Tools
 
Search this Thread
 
Old 28 February 2009, 05:23 PM
  #1  
ian.b
BANNED
Thread Starter
 
ian.b's Avatar
 
Join Date: Nov 2008
Location: UK
Posts: 272
Likes: 0
Received 0 Likes on 0 Posts
Default Some secondhand cars going up in price?

I heard some secondhand cars are going back up in price by as much as £1400 squid worth looking around for a bargain hey
Old 28 February 2009, 06:53 PM
  #2  
TheVoices
Scooby Regular
Support Scoobynet!
iTrader: (5)
 
TheVoices's Avatar
 
Join Date: Oct 2003
Location: Nelson, Lancashire
Posts: 2,638
Received 14 Likes on 11 Posts
Default

Unfortunately the cars going up aren't Subarus !
Old 28 February 2009, 08:26 PM
  #3  
s70rjw
Scooby Senior
iTrader: (2)
 
s70rjw's Avatar
 
Join Date: Sep 2004
Posts: 5,013
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by ian.b
I heard some secondhand cars are going back up in price by as much as £1400 squid worth looking around for a bargain hey
Which car is that?
Old 28 February 2009, 08:29 PM
  #4  
shaggy6
Scooby Regular
iTrader: (2)
 
shaggy6's Avatar
 
Join Date: Aug 2008
Location: In the middle somewhere..
Posts: 515
Likes: 0
Received 0 Likes on 0 Posts
Default

Actually i was speaking to an importer the other week who was saying he was planning on raising prices buy a few hundred quid as the europeans have started buy imprezas.. dont know how true this is but still nows the ideal time to but due to the market
Old 28 February 2009, 08:30 PM
  #5  
SunnySideUp
Scooby Regular
 
SunnySideUp's Avatar
 
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes on 0 Posts
Default

Reason being that very few new cars are getting sold - hence a shortage of quality used cars.

The buying public is not in the remotest interested in modified japanese high performance 18mpg rice rockets ...... not anymore.
Old 28 February 2009, 08:34 PM
  #6  
shaggy6
Scooby Regular
iTrader: (2)
 
shaggy6's Avatar
 
Join Date: Aug 2008
Location: In the middle somewhere..
Posts: 515
Likes: 0
Received 0 Likes on 0 Posts
Default

every one but me
Old 28 February 2009, 09:50 PM
  #7  
shurm
Scooby Regular
 
shurm's Avatar
 
Join Date: Jun 2007
Posts: 102
Likes: 0
Received 0 Likes on 0 Posts
Default

March Glass's Guide my 55 Plate STi has gone up £325 and it went up last month as well

Trending Topics

Old 28 February 2009, 10:13 PM
  #8  
rossyboy
Scooby Regular
iTrader: (8)
 
rossyboy's Avatar
 
Join Date: Oct 2003
Location: Flying the Flag for the GC8A
Posts: 4,194
Received 94 Likes on 58 Posts
Default

Originally Posted by shaggy6
Actually i was speaking to an importer the other week who was saying he was planning on raising prices buy a few hundred quid as the europeans have started buy imprezas.. dont know how true this is but still nows the ideal time to but due to the market
Sounds like a bull**** excuse for the exchange rate problems to me
Old 28 February 2009, 10:18 PM
  #9  
shurm
Scooby Regular
 
shurm's Avatar
 
Join Date: Jun 2007
Posts: 102
Likes: 0
Received 0 Likes on 0 Posts
Default

Most cars have gone up in book because of the low numbers of used cars available for Dealers to buy and people are paying into book to get stock, which means selling prices will rise to retain margin needed.
Old 01 March 2009, 03:46 PM
  #10  
ian.b
BANNED
Thread Starter
 
ian.b's Avatar
 
Join Date: Nov 2008
Location: UK
Posts: 272
Likes: 0
Received 0 Likes on 0 Posts
Default

Think its due to the motor industry crashing thats why people are sartting to buy older cars, you watch when second hand cars go back up. Not all but wait it will if things get worse.
Old 02 March 2009, 08:16 AM
  #11  
MikeCardiff
Scooby Regular
iTrader: (2)
 
MikeCardiff's Avatar
 
Join Date: May 2005
Location: Cardiff
Posts: 2,266
Likes: 0
Received 0 Likes on 0 Posts
Default

It makes sense - if nobody is buying new cars, there aren't any part ex's coming into garages, and if nobody is buying those part ex's, there aren't the even older cars coming in, and it filters all the way down.

Add to that people aren't going to bother importing used cars they cant sell, and there will be a shortage of certain models, and if they are still reasonably desirable, the prices will go up.
Old 02 March 2009, 10:15 AM
  #12  
Peanuts
Scooby Regular
iTrader: (15)
 
Peanuts's Avatar
 
Join Date: Jul 2001
Location: Portsmouth
Posts: 8,606
Likes: 0
Received 0 Likes on 0 Posts
Default

wishful thinking primarily.

There may be some stabilisation, but people now have got higher priorities than motor vanity so a reasonable hike or recovery of sorts is about as likely as me sprouting ****
Old 02 March 2009, 10:31 AM
  #13  
Mikkel
Scooby Regular
 
Mikkel's Avatar
 
Join Date: Jun 2007
Location: North East
Posts: 2,281
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Peanuts
wishful thinking primarily.

There may be some stabilisation, but people now have got higher priorities than motor vanity so a reasonable hike or recovery of sorts is about as likely as me sprouting ****
Moobs are also getting more common apparently

I can't see prices going up by much but I think they have bottomed out now and will stabilize.
Old 02 March 2009, 10:44 AM
  #14  
Microstar
Scooby Regular
 
Microstar's Avatar
 
Join Date: Feb 2007
Posts: 400
Likes: 0
Received 0 Likes on 0 Posts
Default

I'm ex-motor-trade (got out a couple years ago, thank God) but still have a lot of mates who are trying to make a living as dealers. Anything small, economical and in clean condition is in strong demand and prices are firm (e.g. Fiat Panda Diesel). Anything big and lumpy will stay rooted to the forecourt. There is almost zero interest in most Subaru's, new or secondhand, and modded cars are a very very niche market.
Old 02 March 2009, 12:25 PM
  #15  
JonnyA
Scooby Regular
iTrader: (1)
 
JonnyA's Avatar
 
Join Date: Feb 2009
Location: Lost on the Dorset coast
Posts: 154
Likes: 0
Received 0 Likes on 0 Posts
Default

I agree with Peanuts - there is no way prices on high running-cost cars like Scoobies will go up this year. A lot of people are yet to loose their jobs. Unemployment will rise sharply over the next few months. I reckon prices will fall steadily this year, maybe stabilise next year.

The Yen is also starting to fall at the monent - Japanese car exports were down 80% (!!!!!) at the end of last year. JDM imports may well start to fall in price, depends on how much s**t Sterling is in.
Old 02 March 2009, 04:03 PM
  #16  
stevebt
Scooby Regular
iTrader: (8)
 
stevebt's Avatar
 
Join Date: Sep 2002
Posts: 16,732
Received 33 Likes on 19 Posts
Default

I pulled into a petrol station and there was a car sales on the forcourt. I was looking around when filling up and saw say average types of car on 51/52 plates for around £1k then I noticed a W reg micra which obviously does loads of miles to the gallon for over £2k
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
GeeDee
Subaru
18
04 March 2020 07:10 PM
Iqy7861
Engine Management and ECU Remapping
22
12 October 2015 09:21 AM
ossett2k2
Engine Management and ECU Remapping
15
23 September 2015 09:11 AM
ossett2k2
General Technical
9
13 September 2015 09:35 AM
alcazar
Other Marques
9
09 September 2015 05:42 PM



Quick Reply: Some secondhand cars going up in price?



All times are GMT +1. The time now is 06:38 PM.