D.C. Posted July 30, 2009 Share Posted July 30, 2009 Companies like Renault have shown massive drops. It's all very interesting. Be more interesting to see the graphs going back to 06 or 05, you could also overlay them for an easier comparison Link to comment Share on other sites More sharing options...
LINGsCARS.com Posted July 30, 2009 Share Posted July 30, 2009 Be more interesting to see the graphs going back to 06 or 05, you could also overlay them for an easier comparison Ok, will work on that. Figures hard to get, I have to scratch around. ===== Re the M3 (above), an M3 V8 Saloon is available for £641+vat, that's just £24 a week over that price you quoted. Not a million miles away. That's with the standard 3+35. A few months ago, BMW had loads of M3s sitting around at Thorne. Dealers had extra bonus. Now, their stocks are at more sensible levels. With an M3 bear in mind there is a 1,500 mile first service "shakedown" at approx £250 cost. That is a very unusual thing these days. Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted July 30, 2009 Share Posted July 30, 2009 Do the terms allow you to sub-let it? Nope, only transfer the lease to a family member (no-one wants it). We had someone lined up to sublet as a company car but BMW say no. VMR. Link to comment Share on other sites More sharing options...
LINGsCARS.com Posted July 30, 2009 Share Posted July 30, 2009 Be more interesting to see the graphs going back to 06 or 05, you could also overlay them for an easier comparison OK, I have added 07, giving an extra year back. This is a lot of work, another 600 fields added. I need to tidy up the display, but the info is there going back at least 1 more year. At least that is an improvement for you. It's a right pain to do this The data is all over the place and as you go further back it becomes blurry as (for example) current MG becomes Rover MG etc etc. Hope this helps a bit Link to comment Share on other sites More sharing options...
Rachman Posted July 30, 2009 Share Posted July 30, 2009 Ok, will work on that.Figures hard to get, I have to scratch around. ===== Re the M3 (above), an M3 V8 Saloon is available for £641+vat, that's just £24 a week over that price you quoted. Not a million miles away. That's with the standard 3+35. A few months ago, BMW had loads of M3s sitting around at Thorne. Dealers had extra bonus. Now, their stocks are at more sensible levels. With an M3 bear in mind there is a 1,500 mile first service "shakedown" at approx £250 cost. That is a very unusual thing these days. I was wondering if that one would come out - if you have an M3 and don't do that initial service, the warranty is void (or at least you have SOD all chance of any goodwill out of BMW in future, and with an M3 and the gubbins in it, that's curtains for residuals. Ling, what's odd is that there are so few E92 M3s about - I'd have expected them to be everywhere by now, but they are still hugely outnumbered by newish RS4s...... - and is that £641 plus VAT (so basically just under £750 per month for a private person) for a bog standard car without the extras needed to be 'right spec'. on the Type R - if it was an old model (i.e. pre shutdown car), they were available to buy retail for under £14K, so doing them at about £200 a month sounds feasible on a lease..... - given the extremely strong longer term residuals on them. Link to comment Share on other sites More sharing options...
LINGsCARS.com Posted July 30, 2009 Share Posted July 30, 2009 I was wondering if that one would come out - if you have an M3 and don't do that initial service, the warranty is void (or at least you have SOD all chance of any goodwill out of BMW in future, and with an M3 and the gubbins in it, that's curtains for residuals. Ling, what's odd is that there are so few E92 M3s about - I'd have expected them to be everywhere by now, but they are still hugely outnumbered by newish RS4s...... - and is that £641 plus VAT (so basically just under £750 per month for a private person) for a bog standard car without the extras needed to be 'right spec'.on the Type R - if it was an old model (i.e. pre shutdown car), they were available to buy retail for under £14K, so doing them at about £200 a month sounds feasible on a lease..... - given the extremely strong longer term residuals on them. I have done loads of Type-R Civics this year, but supply has got tighter now. That's the same with most cars. The BMW might be seen by some as a Top Gear Coc-k car, (as might the Audi). I only started listing M3s in Jan this year because previously I had a big problem with them attracting idiots and time wasters. A cancelled order on an M3 can be expensive!!! I would rather sell a Fiesta. I make no more money from an M3 as I work on the basis as car as can of beanz. To me, car is car, often supplying a Ford Focus customer is far easier than an M3 customer as the M3 person is far more demanding and often I have to put my foot down, hahaha. I relisted M3s in response to begging pleading and "can I please sell some" by BMW supplier. I have done about 6 so far this year. Link to comment Share on other sites More sharing options...
Rachman Posted July 30, 2009 Share Posted July 30, 2009 I have done loads of Type-R Civics this year, but supply has got tighter now. That's the same with most cars. The BMW might be seen by some as a Top Gear Coc-k car, (as might the Audi). I only started listing M3s in Jan this year because previously I had a big problem with them attracting idiots and time wasters. A cancelled order on an M3 can be expensive!!! I would rather sell a Fiesta. I make no more money from an M3 as I work on the basis as car as can of beanz. To me, car is car, often supplying a Ford Focus customer is far easier than an M3 customer as the M3 person is far more demanding and often I have to put my foot down, hahaha. I relisted M3s in response to begging pleading and "can I please sell some" by BMW supplier. I have done about 6 so far this year. new M3 is bloody marvellous - and I prefer its looks in saloon form - if they made the touring, then yes please. I'll have it in silver with 19s and black leather please. The RS4 is feeling dated now - despite that amazing engine noise.I can see why people are fussier over an M3 than another Focus Zetec 1.6 - I do understand the problem with dreamers though - a right pain on any car at any time. Link to comment Share on other sites More sharing options...
MarkyB Posted July 30, 2009 Author Share Posted July 30, 2009 Are you sure that TT tdi quattro roadster is £270 a month ?http://www.lingscars.com/Audi/TT_Roadster-...tract-hire.html Or am I missing something ? looks more like nearer double that, if I read it right ? thats my point... Link to comment Share on other sites More sharing options...
MarkyB Posted July 30, 2009 Author Share Posted July 30, 2009 Im glad people discussed this topic... all I was suggesting was hope some bargains are around in 14 months time, else I certainly wouldn't be paying 460 fot the same car im currently paying 230... I agree, you move when necessary, but still, you have to have the options available at the right time too. Unless you can order 14 months in advance lol Link to comment Share on other sites More sharing options...
profitofdoom Posted July 30, 2009 Share Posted July 30, 2009 Im glad people discussed this topic...all I was suggesting was hope some bargains are around in 14 months time, else I certainly wouldn't be paying 460 fot the same car im currently paying 230... I agree, you move when necessary, but still, you have to have the options available at the right time too. Unless you can order 14 months in advance lol Used cars have had a roller coaster ride over the last 18 months.From early 2008 residuals went into freefall until the year end.Typical depreciation was 25% on a three year old car,the point at which most leases finish.By the start of 2009 there was panic as leasing companies could not sell the old cars fotr anything near the calculated price,consequently rates rose.Now they are soaring but I guess there is a lag before things get back to normal. Link to comment Share on other sites More sharing options...
Lander Posted July 30, 2009 Share Posted July 30, 2009 Wouldn't it be far more economical to buy a decent used car, drive it and look after it for a few years and sell it on at pretty much the same price you paid for it? Link to comment Share on other sites More sharing options...
IWantItNow Posted July 30, 2009 Share Posted July 30, 2009 Wouldn't it be far more economical to buy a decent used car, drive it and look after it for a few years and sell it on at pretty much the same price you paid for it? You can only really to that with top spec cars (for their time) paying around £3k. They won't drop in value providing they don't fall to pieces before you come to sell them because they will be at least 8 years old. Link to comment Share on other sites More sharing options...
nohpc Posted July 30, 2009 Share Posted July 30, 2009 I keep looking at old BMW 740's from pre 2001, and their prices have dropped 30% over 6 months.Just can't bring myself to get one as fuel's predicted to spike to 1.50/2.00 a litre next year. lol who cares what fuel does. Fuel costs are just a drop in the ocean of a car purchase. If you want one just get one and stop living your life as a what if person. For the record I think fuel prices are not going to rise to 1.50 to 2 a llitre next year but if they do I hope to pick up a nice cheap second hand Nissan Murano or maybe a hugely discounted top of the range landrover. Link to comment Share on other sites More sharing options...
Rachman Posted July 30, 2009 Share Posted July 30, 2009 Wouldn't it be far more economical to buy a decent used car, drive it and look after it for a few years and sell it on at pretty much the same price you paid for it?sure, now tell me how much it costs to trace and fix an intermittent electrical fault on a top spec 7 series. Or to do any engine work with 8 or 12 cylinders.the trick with barges it to buy as good as you can and sell BEFORE anything goes wrong with it. then you'll get most of your money back - it's always worth about the same, the cost of ownership is what you spent fixing things... Link to comment Share on other sites More sharing options...
SNACR Posted July 30, 2009 Share Posted July 30, 2009 lolwho cares what fuel does. Fuel costs are just a drop in the ocean of a car purchase. If you want one just get one and stop living your life as a what if person. For the record I think fuel prices are not going to rise to 1.50 to 2 a llitre next year but if they do I hope to pick up a nice cheap second hand Nissan Murano or maybe a hugely discounted top of the range landrover. If you buy a 4.4 petrol Range Rover and do 30k a year I hate to tell you fuel costs are not a drop in the ocean. Link to comment Share on other sites More sharing options...
Lander Posted July 30, 2009 Share Posted July 30, 2009 sure, now tell me how much it costs to trace and fix an intermittent electrical fault on a top spec 7 series. Or to do any engine work with 8 or 12 cylinders.the trick with barges it to buy as good as you can and sell BEFORE anything goes wrong with it. then you'll get most of your money back - it's always worth about the same, the cost of ownership is what you spent fixing things... I don't see why a top spec german car would need any engine work doing if it's only done low mileage and has a full dealer history. It is possible, but the chances are low. Plus if you were smart and paid the right price for it and maintained it well, you might even make some money on it On a personal note, I paid £2k for a 2000 jeep cherokee with 50k on the clock and nearly full history, had it 3 years, all I've done is change fluids, plugs etc and replaced a set of rear springs. It's never given me any trouble whatsoever. In addition I'll probably get all my money back and then some when I sell it. Very cheap luxury motoring IMO. Link to comment Share on other sites More sharing options...
SNACR Posted July 30, 2009 Share Posted July 30, 2009 I don't see why a top spec german car would need any engine work doing if it's only done low mileage and has a full dealer history. It is possible, but the chances are low.On a personal note, I paid £2k for a 2000 jeep cherokee with 50k on the clock and nearly full history, had it 3 years, all I've done is change fluids, plugs etc and replaced a set of rear springs. It's never given me any trouble whatsoever. In addition I'll probably get all my money back and then some when I sell it. Very cheap luxury motoring IMO. I bought a Merc CL in 2000, was horrified at how little the p/ex was after 3 years and kept it. Now got 160k on it and approaching 10 years old never had anything but normal service/consumables, might have been a couple of recalls, everything electric (and it's a lot) still works perfectly. They go for £10k ish at the moment for a car that looks like the current CLK on steroids, I'm sure only car nerds would know how old it was. Link to comment Share on other sites More sharing options...
Lander Posted July 30, 2009 Share Posted July 30, 2009 I bought a Merc CL in 2000, was horrified at how little the p/ex was after 3 years and kept it. Now got 160k on it and approaching 10 years old never had anything but normal service/consumables, might have been a couple of recalls, everything electric (and it's a lot) still works perfectly. They go for £10k ish at the moment for a car that looks like the current CLK on steroids, I'm sure only car nerds would know how old it was. Yep, I think you'll find she'll be good for another 100k too I'm thinking of going to look at an old 1992 merc 300ce coupe which is for sale near where I live. It looks like a lot of motor for £2k Link to comment Share on other sites More sharing options...
AteMoose Posted July 30, 2009 Share Posted July 30, 2009 Yep, I think you'll find she'll be good for another 100k too I'm thinking of going to look at an old 1992 merc 300ce coupe which is for sale near where I live. It looks like a lot of motor for £2k IMHO 1992 is too old, you wont't know where it has been. Link to comment Share on other sites More sharing options...
LINGsCARS.com Posted July 30, 2009 Share Posted July 30, 2009 I don't see why a top spec german car would need any engine work doing if it's only done low mileage and has a full dealer history. It is possible, but the chances are low. Plus if you were smart and paid the right price for it and maintained it well, you might even make some money on it On a personal note, I paid £2k for a 2000 jeep cherokee with 50k on the clock and nearly full history, had it 3 years, all I've done is change fluids, plugs etc and replaced a set of rear springs. It's never given me any trouble whatsoever. In addition I'll probably get all my money back and then some when I sell it. Very cheap luxury motoring IMO. Well no offence intended in advance. Cross your fingers any of these old big cars don't have problems, things cost a fortune. You will probably say you can mend it for £20 with a secondhand engine. But, what a lifestyle is that? First, Jeep is *not* luxury hehehe, they may pitch into that market, but they are not; hence they cannot sell new ones (they sell less than 1 per dealer per month on average in the UK) and they are cheap, rugged things. There are far more things to consider (like safety). No way a 10-year old design will protect your family as well as a new one in a crash. It is not only about size, what happens inside when you crash depends on design and newness. Also, who wants to drive a 10-year old car? I guess some people will, but it depends on the gamble with your money/time/safety and also image. Of course, there is a market for all cars, it just depends on the cost. But when I've been supplying brand new Jeep Wrangler 2.8 CRD (174bhp) Sport Unlimited 4WD Station Wagon 5dr for just £189+vat/mth including all road tax, for two years, it seems a bit daft to drive an old one which will cost the same again in running costs. Anyone who rationalises older cars against new ones (especially safety argument) does it because they want to justify their decision. Me, I would prefer latest safety, if the worst happened, and to drive a car like a convenience good with no additional expense guaranteed (apart from puncture). But I would say that. Link to comment Share on other sites More sharing options...
SNACR Posted July 30, 2009 Share Posted July 30, 2009 Well no offence intended in advance.Cross your fingers any of these old big cars don't have problems, things cost a fortune. You will probably say you can mend it for �20 with a secondhand engine. But, what a lifestyle is that? First, Jeep is *not* luxury hehehe, they may pitch into that market, but they are not; hence they cannot sell new ones (they sell less than 1 per dealer per month on average in the UK) and they are cheap, rugged things. There are far more things to consider (like safety). No way a 10-year old design will protect your family as well as a new one in a crash. It is not only about size, what happens inside when you crash depends on design and newness. Also, who wants to drive a 10-year old car? I guess some people will, but it depends on the gamble with your money/time/safety and also image. Of course, there is a market for all cars, it just depends on the cost. But when I've been supplying brand new Jeep Wrangler 2.8 CRD (174bhp) Sport Unlimited 4WD Station Wagon 5dr for just £189+vat/mth including all road tax, for two years, it seems a bit daft to drive an old one which will cost the same again in running costs. Anyone who rationalises older cars against new ones (especially safety argument) does it because they want to justify their decision. Me, I would prefer latest safety, if the worst happened, and to drive a car like a convenience good with no additional expense guaranteed (apart from puncture). But I would say that. Here's a crappy ten year old car with no safety features I just plucked off Autotrader - imagine driving round in this beat up old thing. I reckon you could get this for £8k or less as a cash deal. Link to comment Share on other sites More sharing options...
LINGsCARS.com Posted July 30, 2009 Share Posted July 30, 2009 I don't see why a top spec german car would need any engine work doing if it's only done low mileage and has a full dealer history. It is possible, but the chances are low. Plus if you were smart and paid the right price for it and maintained it well, you might even make some money on it No, you don't make money. No one makes money on low mileage german cars. Low mileage is one of the reasons cars DO NEED lots of work. Cars are designed to be driven. Low mileage means oil has not warmed, exhaust not hot, mechanical things not worked. It is often worse than high mileage. If anything goes wrong it will be *a fortune*. Many things on these cars are not user-fixable. Otherwise, there would be queues of people waiting to buy them and make a profit on them. Dream on. Link to comment Share on other sites More sharing options...
LINGsCARS.com Posted July 30, 2009 Share Posted July 30, 2009 Here's a crappy ten year old car with no safety features I just plucked off Autotrader - imagine driving round in this beat up old thing. I reckon you could get this for £8k or less as a cash deal. Ahh, well, when the hood stops working, UKP3000 to repair. No change. Tyres: expensive. Proper service: a fortune. Auto box not smooth: UKP5000, saggy seat UKP1000. etc etc. ABS light comes on UKP2000. MOT bill UKP1500... You could drive a brand new one for the same cost or cheaper Once you start spending it is hard to stop - to cut and run. Plus it's ten years old. I have no problem with people having this kind of rubbish because they want it, it's all the magical justification of "costs nothing to run" "never broken down" that worries me. Those roofs are NOTORIOUS. Very few people ever admit making a wrong car-buying decision, esp. men. It is human nature I think. Link to comment Share on other sites More sharing options...
@contradevian Posted July 30, 2009 Share Posted July 30, 2009 I reckon you could get this for £8k or less as a cash deal. As much as that? A lot for a banger. Link to comment Share on other sites More sharing options...
SNACR Posted July 30, 2009 Share Posted July 30, 2009 Not sure which one you mean I have no problem with people having this kind of rubbish because they want it, it's all the magical justification of "costs nothing to run" "never broken down" that worries me. Very few people ever admit making a wrong car-buying decision, esp. men. It is human nature I think. If the car pictured has always been serviced at correct intervals by Mercedes, as mine has, it'll still be covered under their Mobilolife warranty. I haven't bought any secondhand cars for ages but, I guess, the key is to be sure it's a reluctant sale. I would also say that I've bought plenty on new cars that have left me more familiar with the range of magazine titles in the dealer's waiting room than I'd like to have been. Link to comment Share on other sites More sharing options...
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