VacantPossession Posted February 10, 2005 Share Posted February 10, 2005 This week there are letters appearing in the motoring press from disaffected MINI owners complaining that they put an ad in Autotrader etc asking a few thousand above book price for their cars, and wondering why on earth they weren't selling. Poor things. After a year in which Mini sellers were flogging the trendy car for between 1k and 8k above manufacturer's recommended price, the bubble has burst and buyers are digging their heals in. You can now buy a NEW Mini Cooper for less than a trumped up second hand one (52 plate), based on average classified prices, without having to wait months. Yes, even car speculators are now being slapped down by MINI first time buyers who are putting two fingers up at the absurd attempts to cash in. Does this all ring a bell? Prize (in the form of hearty congratulations) for anyone who can spot the first pristine condition used MINI offered for LESS than £7900. VacantPossession Quote Link to comment Share on other sites More sharing options...
ianupton Posted February 10, 2005 Share Posted February 10, 2005 i guess it was "Another Mini adventure"...snort.. Quote Link to comment Share on other sites More sharing options...
Bankrupt Idiot Posted February 10, 2005 Share Posted February 10, 2005 This week there are letters appearing in the motoring press from disaffected MINI owners complaining that they put an ad in Autotrader etc asking a few thousand above book price for their cars, and wondering why on earth they weren't selling. Poor things.After a year in which Mini sellers were flogging the trendy car for between 1k and 8k above manufacturer's recommended price, the bubble has burst and buyers are digging their heals in. You can now buy a NEW Mini Cooper for less than a trumped up second hand one (52 plate), based on average classified prices, without having to wait months. Yes, even car speculators are now being slapped down by MINI first time buyers who are putting two fingers up at the absurd attempts to cash in. Does this all ring a bell? Prize (in the form of hearty congratulations) for anyone who can spot the first pristine condition used MINI offered for LESS than £7900. VacantPossession <{POST_SNAPBACK}> I found one for £7495. Quote Link to comment Share on other sites More sharing options...
VacantPossession Posted February 10, 2005 Author Share Posted February 10, 2005 I found one for £7495.<{POST_SNAPBACK}> Where please? VP Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted February 10, 2005 Share Posted February 10, 2005 I found one for £7495.<{POST_SNAPBACK}> I'll borrow 85% and buy it and rent it to VP for £500 pa Even if I have to reduce to £400 pa or the loan interest rises I'll still get a gain on the value of the asset - BMW Mini's? - Safe as houses!!!!!! Quote Link to comment Share on other sites More sharing options...
VacantPossession Posted February 10, 2005 Author Share Posted February 10, 2005 I'll borrow 85% and buy it and rent it to VP for £500 paEven if I have to reduce to £400 pa or the loan interest rises I'll still get a gain on the value of the asset - BMW Mini's? - Safe as houses!!!!!! <{POST_SNAPBACK}> Are you serious? If so....you're on! VP Quote Link to comment Share on other sites More sharing options...
Bankrupt Idiot Posted February 10, 2005 Share Posted February 10, 2005 Where please?VP <{POST_SNAPBACK}> Auto Trader website. Quote Link to comment Share on other sites More sharing options...
Bankrupt Idiot Posted February 10, 2005 Share Posted February 10, 2005 I'll borrow 85% and buy it and rent it to VP for £500 paEven if I have to reduce to £400 pa or the loan interest rises I'll still get a gain on the value of the asset - BMW Mini's? - Safe as houses!!!!!! <{POST_SNAPBACK}> True, and in 100 years it will be worth more than today, even without inflation! Wait a minute I think I will be dead. lol Quote Link to comment Share on other sites More sharing options...
VacantPossession Posted February 10, 2005 Author Share Posted February 10, 2005 Auto Trader website.<{POST_SNAPBACK}> Heartiest Congrats Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted February 10, 2005 Share Posted February 10, 2005 What`s a 1964 mini cooper 1275S with 30k on the clock, all original, and in mint condition worth. Quote Link to comment Share on other sites More sharing options...
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