Some secondhand cars going up in price?
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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
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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
#5
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.
The buying public is not in the remotest interested in modified japanese high performance 18mpg rice rockets ...... not anymore.
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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.
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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.
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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.
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.
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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 ****
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 ****
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I can't see prices going up by much but I think they have bottomed out now and will stabilize.
#14
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.
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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.
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.
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