The time has come

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But you always get the money back, if you advertise in the right places they sell quickly as well.

Putting cars on owners forums is not the quickest way to sell.
 
If you did always get the money back does that not in itself show how completely stupid the Honda scene is with these cars?

Consider this example.

Honda Civic Type-R EK9. Lets say it has 70k on it and is worth £5k.

You buy it, keep it 2 years, and sell it. You claim you will 'always get your money back'.

Who are the idiots paying the SAME money for a car thats now 2 years older with 20k more miles on it? Why would they do that if they can presumably just buy another one that's a bit newer or has less miles?

Surely it cannot be possible that these cars can gain age and mileage with zero effect on residual?

That would suggest they all have the same used value if nothing reduces this value and you always get your money back.
 
[TW]Fox;17736596 said:
If you did always get the money back does that not in itself show how completely stupid the Honda scene is with these cars?

Consider this example.

Honda Civic Type-R EK9. Lets say it has 70k on it and is worth £5k.

You buy it, keep it 2 years, and sell it. You claim you will 'always get your money back'.

Who are the idiots paying the SAME money for a car thats now 2 years older with 20k more miles on it? Why would they do that if they can presumably just buy another one that's a bit newer or has less miles?

Surely it cannot be possible that these cars can gain age and mileage with zero effect on residual?

That would suggest they all have the same used value if nothing reduces this value and you always get your money back.
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You sir are a pedant.

If I bought a car today I could sell it 1 year later for the same money. I have done this on occasion.

These cars just do not lose value, it may be strange to you but that is the case.
 
You don't always get your money back. My EK9 was £7500 (:eek:) in April 2007. I swapped it earlier this year for an 04 Clio 182, roughly priced at £5k? So the depreciation isn't non-existant, but it's not massive.

I may have been able to get more if i'd tidied it up (new front bumper, alloy refurb) but I cba, was for sale for long enough:p
 
Still though, this EK9 came out of no where in this thread of potential next cars and despite no test drive we had indicatations of a sale.

Then it turns out he's just offered a low ball figure on the car and he expects the seller to take it. Even when it seems the EK9 market is usually slow at moving cars.

Next week we will be talking about another car as Mike changes his mind again after 'some thought'. Reality being that the seller said no.

If it was me with £5k I'd be all over a 182.
 
So in 4 years time with 150k on it, it would be worth the same as it is today with 100k on it?

Sorry but Tim's explanation sounds far more likely. Low depreciation I get. No depreciation on a Civic of that age is just a pipe dream.
 
Housey said:
Hang on, you've sold nothing yet...
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He has, he isnt the current owner he's the previous owner. He bought it as a fresh import, kept it for 34 seconds, then sold it on presumably for what he paid and thinks this means no Civic ever loses money ever.
 
[TW]Fox;17736661 said:
He has, he isnt the current owner he's the previous owner. He bought it as a fresh import, kept it for 34 seconds, then sold it on presumably for what he paid and thinks this means no Civic ever loses money ever.
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:D
 
Well this yellow thing started life at 6.5k, then buy it now on ebay for 5.6k and after that im guessing 5k is Mikes bid.

That dosent sound like rock solid residual to me, that just sounds like every other chancer asking more than a car is worth then getting knocked down.
 
Housey, Mark, it just seems we've been doing this all wrong. Sell your Bentley and buy an EK9. I only wish I could have depreciation free motoring in a 911 or Ferrari. I *still* took a loss on my F430 despite the fact that they were in high demand when I sold mine. And well, my 911, I don't even want to think about how much has gone down the pan on that one.
 
[ui]ICEMAN;17736695 said:
Housey, Mark, it just seems we've been doing this all wrong. Sell your Bentley and buy an EK9. I only wish I could have depreciation free motoring in a 911 or Ferrari. I *still* took a loss on my F430 despite the fact that they were in high demand when I sold mine. And well, my 911, I don't even want to think about how much has gone down the pan on that one.
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Your 911 has 10 owners though right? Nobody keeps them more than 2 months.

These Civics are so great people keep them for at least *3* months before getting shot.
 
[ui]ICEMAN;17736695 said:
Housey, Mark, it just seems we've been doing this all wrong. Sell your Bentley and buy an EK9. I only wish I could have depreciation free motoring in a 911 or Ferrari. I *still* took a loss on my F430 despite the fact that they were in high demand when I sold mine. And well, my 911, I don't even want to think about how much has gone down the pan on that one.
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Its because your Porsche hasnt got the required 10 owners.

But your right, im thinking of liquidating out of property and buying every last civic in Japan, so i corner the market.
 
I'm in, I can see a load of Fanboys who'll give us a solid earn out, I'll get some import stickers and some of them knife......I mean spoon badges.
 
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