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      02-21-2021, 02:49 AM   #23
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Quote:
Originally Posted by G50 View Post
Exactly. I've just bought an approved used and other than not seeing the car in person til I collected it, it was a great process. You have a 14 day cooling off period too, so if you get the car and it's not as you expected, you hand it back.
The process for buying my S5 was the same - didnt see it until it was delivered and had a few stone chips which werent shown on the video or described in chats I had with the dealer. Now to be fair they werent anything in excess of what youd expect for a used car with 35k miles but the dealer agreed to me getting them sorted at their cost.

Im sure not all dealers will be the same - probably wouldnt buy in this way from an independent dealer but have no issues buying from a main dealer given you can just return / get youre money back if youre not happy.
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      02-22-2021, 06:24 AM   #24
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This text contained in a reminder email from WBAC today:

Industry car prices are set to fall. This means we are able to offer more for most cars before midnight on Wednesday 24th February. 1
Get your updated valuation:
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      04-07-2021, 12:49 PM   #25
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I am currently looking for a long term car to get out of the lease/PCP cycle, used car prices have gone mad, I guess it is availability of stock.

Saw this earlier and I am sure I was offered a similar price for a pre-reg a couple of years ago.

https://www.alexcreasy.co.uk/bmw-340...london-6720273
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      04-07-2021, 02:30 PM   #26
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Originally Posted by Arcticdan View Post
I am currently looking for a long term car to get out of the lease/PCP cycle, used car prices have gone mad, I guess it is availability of stock.

Saw this earlier and I am sure I was offered a similar price for a pre-reg a couple of years ago.

https://www.alexcreasy.co.uk/bmw-340...london-6720273
I guess stock is less available, price on my car on WBAC has risen again. There seemed to be a few deals last month as we were near end of 1/4 and financial year for some.
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      04-07-2021, 02:53 PM   #27
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Our car has jumped up 1k on WBAC since the 26th March and is currently worth more than it was last Feb!
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      04-08-2021, 01:32 AM   #28
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Thought id check again on the dvla site my old 435d which i VTd in sept - still showing as untaxed!

Thats over 6 months it sitting in some BCA compound.
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      04-08-2021, 03:32 AM   #29
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Thought id check again on the dvla site my old 435d which i VTd in sept - still showing as untaxed!

Thats over 6 months it sitting in some BCA compound.
So does that mean lots of used cars will suddenly hit the market at some point or as I suspect just be drip fed in to keep the prices high.
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      04-08-2021, 03:58 AM   #30
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So does that mean lots of used cars will suddenly hit the market at some point or as I suspect just be drip fed in to keep the prices high.
The latter I expect. My old company car was sat for 5 months at one of their sites too, till just the other week actually.
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      04-08-2021, 11:12 AM   #31
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Quote:
Originally Posted by Arcticdan View Post
I am currently looking for a long term car to get out of the lease/PCP cycle, used car prices have gone mad, I guess it is availability of stock.

Saw this earlier and I am sure I was offered a similar price for a pre-reg a couple of years ago.

https://www.alexcreasy.co.uk/bmw-340...london-6720273
He is the guy that bought my 340, should have kept it would be worth a fortune now.
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      04-08-2021, 12:31 PM   #32
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most new cars are mild hybrid phev bev etc so more complicated more expensive.
Older cars will hold their value as they pretty much do the same as the newer car with less complexity etc. But manufacturers can't mostly sell them(pure ICE) new anymore. Number of new cars sold is down greatly due to covid to add to this.
Perfect storm. I don't see used prices crashing.
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      04-08-2021, 05:52 PM   #33
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Used prices are firm.

I sometimes wonder whether people confuse sales growth and volume at shit cheap prices for a healthy market.
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      04-09-2021, 06:24 PM   #34
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Originally Posted by Wills2 View Post
Used prices are firm.
Indeed. I just noticed my old M3 is up for sale:

https://www.autotrader.co.uk/car-det...ion=on&page=1#

38K. Strong price considering I paid about 53K for it 5 years ago!!!!! (Was a Tony Lewis special though).
I sold it as a part ex when I bought the Merc 3 years ago.

Looking at my finance agreement, interesting that the Final Guaranteed Value after 4 years was 25,826. Seems its worth way, way more than that 1 year later.


Anyway Wills2 you bought a Golf GTI TCR?

You kept that quiet, tell us more.
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      04-09-2021, 10:23 PM   #35
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Quote:
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Quote:
Originally Posted by Wills2 View Post
Used prices are firm.
Indeed. I just noticed my old M3 is up for sale:

https://www.autotrader.co.uk/car-det...on&page=1#

£38K. Strong price considering I paid about £53K for it 5 years ago!!!!! (Was a Tony Lewis special though).
I sold it as a part ex when I bought the Merc 3 years ago.

Looking at my finance agreement, interesting that the Final Guaranteed Value after 4 years was £25,826. Seems its worth way, way more than that 1 year later.
.
It's being advertised as one owner, and you said you px'd it 3 yrs ago?

Maybe that is because it is overpriced?
Interested it has done 3000 Miles on the MOTs in 2019/20 but not recorded an owner change and another 500 Miles since Oct '21

I wonder who has been running around in it?
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      04-10-2021, 03:35 AM   #36
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Quote:
Originally Posted by moonshine View Post
It's being advertised as one owner, and you said you px'd it 3 yrs ago?

Maybe that is because it is overpriced?
Interested it has done 3000 Miles on the MOTs in 2019/20 but not recorded an owner change and another 500 Miles since Oct '21

I wonder who has been running around in it?
Yes I noticed straight away they are advertising as 1 owner which is wrong. Someone’s definitely been driving it after me and putting miles on it!

I thought it was overpriced too, but looking at a few M3’s for the same age, it’s similar money.
Even if it was 5k overpriced, that’s still way more than I thought it would be worth after 5 years. Especially based on the FGV I mentioned above.

Seems an M car is the one to buy if you want your cars to hold their value.
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      04-10-2021, 08:22 AM   #37
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Autotrader list it as a "good" price, so compared the others in market its where it needs to be.
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      04-11-2021, 03:23 PM   #38
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Having spent the last month or so shopping around for a good used M4, I can say that every single dealer made it clear, up front, that it was take it or leave it on price.

My X5, chopped in with a main dealer, sold within two days - didn't even make the website.
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      04-11-2021, 04:39 PM   #39
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Having spent the last month or so shopping around for a good used M4, I can say that every single dealer made it clear, up front, that it was take it or leave it on price.

My X5, chopped in with a main dealer, sold within two days - didn't even make the website.
Same when I rang about 340s. Some on the Approved used site haven't dropped in price hardly at all in months. Lease will be the way for a while I think.
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      04-12-2021, 03:01 PM   #40
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Quote:
Originally Posted by XAlp View Post
This text contained in a reminder email from WBAC today:

Industry car prices are set to fall. This means we are able to offer more for most cars before midnight on Wednesday 24th February. 1
Get your updated valuation:
If that were true they'd simply wait, no one goes to the market urging people to sell to them at a higher price than tomorrows....
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      04-13-2021, 03:15 AM   #41
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From a personal perspective the used car market is holding up very well, particularly for premium cars. I started looking for an SL400 less than a year old about a month ago. There were twenty on Autotrader then, now there is one.

Every car I enquired about had just sold.
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      04-13-2021, 03:45 AM   #42
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From a personal perspective the used car market is holding up very well, particularly for premium cars. I started looking for an SL400 less than a year old about a month ago. There were twenty on Autotrader then, now there is one.

Every car I enquired about had just sold.
Yes I save lots of different cars to my garage on autotrader, lots of them soon say no longer available.
I think it will ramp up to given people can do test drives....
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      04-13-2021, 03:57 AM   #43
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Brother in law has just bought a nearly new Mazda MX 5. The specialist garage are selling good cars as fast as they can get them in. He reckoned to turn around most cars within a week, no problem at all to sell.

Much of the stock had reservations on them, while customers got a chance to see the cars. BiL did the same, to secure the car.
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      04-13-2021, 04:53 AM   #44
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I bought a nearly new 69 plate X5 9 months ago. Same car options and mileage cheapest on auc website at my current mileage (6k more miles) 1k more than what I paid then. So despite doing 6k more miles and 9 months older weirdly 1k more expensive.
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