second hand prices down 15%
- Thread starter capall
- Start date
Source for the 15% claim please?
The motor market is stagnant. Lots of cars imported, and many people waiting to change to the new lower vrt/road tax fleet.
Credit is tighter too, and the economy is in trouble. Optimism is down, and motorists are thinking twice about long trem committments.
Some good stuff on www.boards.ie concerning this stuff. Subaru's for €12k off the old price etc. €10k+ overpriced new Audi A4 1.9TDI's still attempting to be sold by dealers.
Some silly stuff going on.
No idea why the motorbike market is goosed. Maybe economics again?
The motor market is stagnant. Lots of cars imported, and many people waiting to change to the new lower vrt/road tax fleet.
Credit is tighter too, and the economy is in trouble. Optimism is down, and motorists are thinking twice about long trem committments.
Some good stuff on www.boards.ie concerning this stuff. Subaru's for €12k off the old price etc. €10k+ overpriced new Audi A4 1.9TDI's still attempting to be sold by dealers.
Some silly stuff going on.
No idea why the motorbike market is goosed. Maybe economics again?
I
iggy
Guest
G
Guest117
Guest
Just curious as to when the market will be restarting ? Is it 1st July, 1st August, 1st Sept - My advice drop the price and get rid!
Same reasons as the car market, plus a fair proportion of bike owners are hobbyists and also have a car - if they are feeling the pinch the bike goes so they don't have to pay tax, insurance etc.
Also the exchange rate with sterling means that a lot of bikes are being imported. I would have gone to the UK if I'd had the time to go over when I was changing mine.
Thanks for the advice badge, but, I'm not going to sell it for nothing! If not sold by the end of the summer, I'm giving back the Company car (08 Mondeo) and reverting to the Avensis (lighter car though better engine)... savings on BIK will compensate.
G
Guest117
Guest
Good plan Carpedeum
Though you will miss the new Mondeo methinks - my missus has one and I likes it - I tried to talk her out of buying it because I had driven an old one - but she made me test drive it and won that battle easily then!
Maybe you can charge the company mileage and subsistence in line with approved civil service rates
Though you will miss the new Mondeo methinks - my missus has one and I likes it - I tried to talk her out of buying it because I had driven an old one - but she made me test drive it and won that battle easily then!
Maybe you can charge the company mileage and subsistence in line with approved civil service rates
B
brianmc
Guest
I'm trying to sell an 03 Golf 1.4 with only 58K miles, taken it from 9K down to a very reasonable 6.5K and still nothing doing on it. I know many people trying to sell and they have the same story. let's hope things start happening in July again.
Where do you advertise?
I can't see it on neither carzone.ie nor cbg.ie nor buyansell, and if i can't see it, you can't sell it..
Definately one of the reasons car market is quiet is because people
are wiseing up to the dealers and bringing in cars from uk and the north.
I'll be getting my new plates on tuesday for '07 passat, reckon i saved
between 5 & 6k for a day trip up to belfast.
Will have it cleared for less than 22k cheapest one from a dealer i could
find in the south was 27K with higher miles.
Well worth it
are wiseing up to the dealers and bringing in cars from uk and the north.
I'll be getting my new plates on tuesday for '07 passat, reckon i saved
between 5 & 6k for a day trip up to belfast.
Will have it cleared for less than 22k cheapest one from a dealer i could
find in the south was 27K with higher miles.
Well worth it
Absolutely.
Unsuspecting folk importing still need to be aware of a few dangers however.
Clocking, accident repair, and finance arrears are widespread. HPI suggest as many as 1 in 3 used cars have a dark secret.
I'd always suggest a HPI check, a full and independently verifiable service history, and a full mechanical examination and warranty as being prerequisites before purchase.
There are quite a few horror stories on cut and shuts, and cars with "haircuts".
p.s. I've no connection to the motor trade.
Wexfordman
Registered User
- Messages
- 415
me too, getting my 07 passat next week from up north. Got a bit curious yesterday though and visited a few local dealers to see what I could scrape out of them and give them one last chance. I got them to drop the price of a 06 Passat Highline with 30k miles from 26k down to 22.5k, and def could have got them down to 22k I reckon. Did'nt go for it in the end, nice spec, but a year older than the oone I'm getting up north and over 100 euro more expensive.
One thing I was thinkong about though was the resale value of a 07 car in a few years. Imagine looking for a second hand car, and a 07 would cost you 540 euro road tax, but a 08 model will cost you onle 240 euro!!! The 07 price will drop cos of that I reckon.
Wexfordman
Passat imprters
can you let us all know how you get on next week with pickup vrt etc.
On payment did you use xe.com or similar or just get a sterling draft from the bank?
If xe or the like I assume you just arrange the transfer to the dealers Bank acount.
Best of luck with the new motors.
On the tax I assume it will make a little diff on resale but it is only a few hundred a year so not a complete killer.
can you let us all know how you get on next week with pickup vrt etc.
On payment did you use xe.com or similar or just get a sterling draft from the bank?
If xe or the like I assume you just arrange the transfer to the dealers Bank acount.
Best of luck with the new motors.
On the tax I assume it will make a little diff on resale but it is only a few hundred a year so not a complete killer.
I don't know but I'd guess it'll make a difference which will be disproportionate to the saving.
1.4 cars have always sold and held their value much better than 1.6 cars despite a relatively small tax difference of around 100 euro.
There's something irrational about the way people (including myself) see yearly bills as opposed to a once off expense.
I paid balance with sterling draft frank no probs,expect the vrt to
come in around 5k will varify next week.Got a smashin car though
still has the new car smell..........happy days..............