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Mega

Failed Car Flipper Needs Your Help

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It's got an iPod interface so it must be worth it.

I like the colour too. Very naughties retro.

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It's got an iPod interface so it must be worth it.

I like the colour too. Very naughties retro.

My eyes!

Fanny repellent.

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Doesn't mean he was trying to flip it. He may have been buying for him self but may no longer want it for a variety of reasons.

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Doesn't mean he was trying to flip it. He may have been buying for him self but may no longer want it for a variety of reasons.

[/quote

Trouble is he needs someone who has his taste in cars. I am assuming he'll lose 20% as soon as the keys are in the ignition.

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Trouble is he needs someone who has his taste in cars. I am assuming he'll lose 20% as soon as the keys are in the ignition.

Doubt it. There's 2009 GT3s on autotrader for 90k+.

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Doubt it. There's 2009 GT3s on autotrader for 90k+.

I get this every day.Buyer turns up with a car that trades at £3000 but are being bought everywhere for £2,500. I offer £3,500 as a part ex price and they say "But they are up for over £4k on Auto Trader.Yes they are but being advertised for a price and getting it are two different things.

This week I have sold 3 cars

1.57 reg Peugeot 207 Diesel screen price £6995. I have taken £5295 + a "V" reg Focus (Cash value £1000)

2.07 reg Peugeot 207 1.4S (£6495) I have taken £5000 +an X reg Escort (Cash value £700)

3.57 Reg Citroen C2 (£4995) have taken £4395 cash.

So you see the real values are 10-20% below asking price.

In all three cases I can go out and buy equivalent replacements for far less than I have sold them for.

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I have seen a car I am very keen on for 7k. It's a Jag XJR. The company (usedjag.com) are already spouting that it's the cheapest around in the best condition (whatever). What should I be looking to get this car for in your professional opinion and what is the best way of putting such an offer without a)***king them off or making them think I'm a dick?

Thanks

BN03WFY? The car has a trade price of £5700 in Septembers CAP black book.In a current market I would expect it to make £5000 at auction.£7000 is just over midbook but I bet they know the market is weak and weakening further. I would offer £6000 and be prepared to go to £6500 if it is really as nice as they say it is.Of course if they have had it a while it may owe them that.Stuff like this has been falling at around £250 a month since the spring.

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Sorry, it was usedjags.com in Bristol. the car I wanted was gone.

It was an old shape 02 with about 65k on it. Seemed expense to me at 7k

That one is barely £4k at auction and a real job to shift.These old Jags are right pieces of work to keep shipshape.I am running a similar vintage Merc C220CDi for work, it's worth similar money but returns 60mpg on a run and is bulletproof.

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That one is barely £4k at auction and a real job to shift.These old Jags are right pieces of work to keep shipshape.I am running a similar vintage Merc C220CDi for work, it's worth similar money but returns 60mpg on a run and is bulletproof.Don't be fooled by "It's gone" Lots of dealers put callbirds in,cars that don't exist but make it look as though they have a fast turnover.

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Hi POD,

Do you see the market strengthening going in to the winter or weakening from a sellers POV?

Given that New car sales I think we can agree, are going to be down, do you see good family second cars holding their prices more?

I recently established an unwanted record by going 24 days without a sale.I understand that I am not alone in this.

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I recently established an unwanted record by going 24 days without a sale.I understand that I am not alone in this.

.. funny you should say that, have been doing the rounds of various dealers, sales people are, for the first time in a lifetime of car buying, being very nice to me..

there are some very worried people out there

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That IS worrying.

My mates just started as a car salesmen sounds like it could be a tough couple of years ahead. <_<

It's too early too panic - for me.But I have low overheads,have been trading for thirty years with lots of loyal customers and I don't owe the bank.I think the franchised dealers are in a different boat and from what I hear many of them are shipping water fast..2011 is going to be crunch time for the trade with 20% VAT just to add a little spice!

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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