Recession bargains

Fr0dders · 11 Nov 2008 at 22:03

haha, some bloke on credit crash britain bought a cayenne turbo for 11k, and that was a personal bankruptcy repossession

Firestar_3x · 11 Nov 2008 at 22:04

Hmm.... whats the odds....

Solari · 11 Nov 2008 at 22:14

Giddy said:
Someone I know picked up a Cayenne Turbo for a little over 10K last week at auction.

A workmate of mine is trying to sell his Cayenne but has had no interest whatsoever over. He bought it about 8 months ago for 22K, god knows what he'll get for it now - has it up for 19K but he'll probably end up taking about 15 for it

Firestar_3x · 11 Nov 2008 at 22:16

Recession + Big Ugly 4x4, not a great combo come sales time

Dr House · 11 Nov 2008 at 22:32

here you go, i dont think it will take long until we see them in the sub 15k price range

http://www.carshop.co.uk/used-cars/view/71788/bmw-3-series-335i-se-2dr-auto

Will Gill · 11 Nov 2008 at 22:46

Giddy said:
Someone I know picked up a Cayenne Turbo for a little over 10K last week at auction.

yep its crazy the depreciation on the early ones, saw a cayenne s for £8999, its the modern day 924

Skeeter · 11 Nov 2008 at 22:48

[TW]Fox;12872575 said:
Great, an ex Vectra hire car. What a bargain.

Considering there is always the slightest chance Muffin may have driven it... you couldnt even give them to me.

GinG · 12 Nov 2008 at 09:37

thepharcyde said:
14k and two new front tyres. That prob has been ragged from an early life so prob an ex Ford management car. Still v.cheap.

Great car though

you would be surprised at how fast the tyres wear down, my mate who is a bit of a girl driving his had to change his at 10k!

merlin · 12 Nov 2008 at 09:48

And yet NSX prices don't seem to be falling, certainly people with 2nd hand NSX's need a wake up call. £10k and I'm there.

HEADRAT · 12 Nov 2008 at 09:49

Couldn't the recession mean that the number of second hand cars drop as people hang onto their current motors rather than selling/trading up.

merlin · 12 Nov 2008 at 09:52

HEADRAT said:
Couldn't the recession mean that the number of second hand cars drop as people hang onto their current motors rather than selling/trading up.

No, most high net worth cars are financed so you sell it and try clear the finance and get your outgoings down. That free's up £1500 a month or whatever and you go lease a Golf for £200 a month till things pick up.

You have to bring your overheads down at the same rate as your company turnover is taking a nosedive. If you do that you survive.

DrDee · 12 Nov 2008 at 10:10

merlin said:
And yet NSX prices don't seem to be falling, certainly people with 2nd hand NSX's need a wake up call. £10k and I'm there.

There are some that are getting to 10k, theres a 3.0 auto for £11k on PH right now. What spec NSX are you after?

merlin · 12 Nov 2008 at 10:17

DrDee said:
There are some that are getting to 10k, theres a 3.0 auto for £11k on PH right now. What spec NSX are you after?

Manual and not a shed.

I went to see one in Jan or Feb I think priced at £18k and it was an absolute mess & put me off them totally.

DrDee · 12 Nov 2008 at 10:23

merlin said:
Manual and not a shed.

I went to see one in Jan or Feb I think priced at £18k and it was an absolute mess & put me off them totally.

How was it a mess? and if your looking at them priced at £18k, does that mean you would consider something at £10k and use a bit to bring it up to mint standards?

Firestar_3x · 12 Nov 2008 at 10:30

merlin said:
And yet NSX prices don't seem to be falling, certainly people with 2nd hand NSX's need a wake up call. £10k and I'm there.

I really don't understand NSX and previous gen RS4 prices, they both seem to be artificially inflated for some reason.

After viewing a few RS4's a week or so back i really can't understand the prices, 18 - 20k for previous gen on a 2000 plate, or 8k more for the current gen...

Housey · 12 Nov 2008 at 10:31

http://forums.overclockers.co.uk/showthread.php?t=17941012

merlin · 12 Nov 2008 at 10:37

DrDee said:
How was it a mess? and if your looking at them priced at £18k, does that mean you would consider something at £10k and use a bit to bring it up to mint standards?

Uneven panel gaps, a slightly sunken door, a fluid leak of some sort and generally scruffy.

No, with an NSX it's either got to be honest from the outset or don't bother.

It's not the sort of thing you can take a chance with.

TomO · 12 Nov 2008 at 10:52

Firestar_3x said:
I really don't understand NSX and previous gen RS4 prices, they both seem to be artificially inflated for some reason.

After viewing a few RS4's a week or so back i really can't understand the prices, 18 - 20k for previous gen on a 2000 plate, or 8k more for the current gen...

nobody will be getting 18-20k for their old RS$'s though. i got £16.5k for my one as expected and that was a mint low miler with good modifications and good history, didnt see any advertised that appeared better.

Firestar_3x · 12 Nov 2008 at 10:55

16.5k, not bad, prices are getting better then still high vs a E46 M3 which is the bit i don't understand the most.

merlin · 12 Nov 2008 at 10:55

And nobody will be getting £18k for a 15 year old NSX but it doesn't stop them pricing up at that level. Fruitcakes the lot of them, wake up & smell the coffee.