This anyones on here?

[Suggs]

http://www.pistonheads.com/sales/859101.htm

This in my opinion is a ridiculously low price if it's legit! Not good for our residuals!! :evil:

 

[Duncan]

looks pretty legit to me.

i agree its far too cheap!! they must be very desperate to sell.

 

[k1ano]

Great price considering the work done, especially the cam-belt

Martin

 

[Jamesv6]

I was expecting it to be a silver one at that price. He must really need a quick sale.

Good buy for someone.

 

[chunkv6]

I was expecting it to be a silver one at that price.

meaning?????????

 

[Kett]

I was expecting it to be a silver one at that price.

meaning?????????

It's a toungue-in-cheek comment.
Silver MkII's (great colour BTW) can take longer to sell. Probably because there were sooo many silver Mk I's.
We've seen some desperate price reductions in the last 6 months for those seeking a quick sale, particularly on Titianiums.

 

[Mike T]

is £12k for a 6 year old car really that bad.

Assuming he paid about £22k new thats £10k over 6 years which means its still at 55% of what he paid for it.

I've owned cars that have done 45% in one year alone!!!!! (Yep I'm a muppet!)

Typically at three years you'd be looking at 35% of new price.

No being contentious but it is 6 years old, albeit in good nick.

What price do you think it should be at 6 years old out of interest and why?

 

[k1ano]

is £12k for a 6 year old car really that bad.

Assuming he paid about £22k new thats £10k over 6 years which means its still at 55% of what he paid for it.

I've owned cars that have done 45% in one year alone!!!!! (Yep I'm a muppet!)

Typically at three years you'd be looking at 35% of new price.

No being contentious but it is 6 years old, albeit in good nick.

What price do you think it should be at 6 years old out of interest and why?

Valid points Mike. I guess we are all aware of the economics of buying and selling and to that extent who can value anything ? Just a question of what a buyer and seller are happy with, other Vee prices can only act as a guide really I would say along with any pressures a seller may have to convert their Vee into ready cash and whether a particular vehicle commands a premium i.e. colour, spec etc.

Martin

 

[stevo]

where's the quicksilver exhaust he mention's, in the photo it look's like a standard box..

steve

 

[Jamesv6]

I was expecting it to be a silver one at that price.

meaning?????????

I'm sorry. My humour is a tad too dry at times.

You'll see from reading the forum how much I really admire the silver bullets.

 

[chunkv6]

I was expecting it to be a silver one at that price.

meaning?????????

I'm sorry. My humour is a tad too dry at times.

You'll see from reading the forum how much I really admire the silver bullets.

cant beat a bit of dry humour at times james, i was merely opening up the possibility of some banter!! :wink:

ive heard the brown ones are struggling to sell aswell atm!!

 

[phillv6]

http://www.pistonheads.com/sales/859101.htm

This in my opinion is a ridiculously low price if it's legit! Not good for our residuals!! :evil:

IF the car is a good example and everything checks out then it's definately priced far too cheaply [smilie=icon_eek.gif], I guess it all boils down to how desperate folk are to sell [smilie=icon_exclaim.gif] Certainly great value for anyone thinking of a MK2 [smilie=icon_eek.gif]

Phill

 

[k1ano]

I was reading something about the RS marque the other day which essentially suggested that the owners clubs tend to help encourage the polarisation and continued enthusiasm for the cars thus helping to keep the condition of vehicles high... In part due to a creating a sense of purpose, providing availability of info and parts, bringing owbers together and encouraging owners to maintain their vehicles to maintain their condition and resale values for themselves and future enthusiasts.

Of course the fact the cars are typically quite rare and have a heritage helps.

So I think it is good we have strong views on Vee prices, however realistic they are in todays climate, and that we try and maintain the residuals higher. We can all continue to enjoy our cars until we sell them, whenever that may be

I tend to think of owning a car as renting it really in the hope that I get enjoyment out of owning it but that the future owner also has the benefit of the care it receives in my ownership. I have bought cars before which have not been treated well, yes they may have been cheaper, but it is nice to think that with specialist cars you can pass a legacy onto a future owner.

Martin

 

[Jamesv6]

I was expecting it to be a silver one at that price.

meaning?????????

I'm sorry. My humour is a tad too dry at times.

You'll see from reading the forum how much I really admire the silver bullets.

cant beat a bit of dry humour at times james, i was merely opening up the possibility of some banter!! :wink:

ive heard the brown ones are struggling to sell aswell atm!!

Total sales of brown ones were well down last year. Let's hope things pick up in 2009.

 

[chunkv6]

uk brown sales are as follows

2003 = 0
2004 = 1
2005 = 0
2006 = 0

2009 (someone takes a written off vee and paints it bronze and low and behold we have 2) :wink:

 

[IainT]

As someone who is in the market for a vee, interesting to see what the current recession (I think we can now safely use the "R" word!) is doing to values. I think there are two distinctions to be made - Value and Worth.

Value: an objective figure, ultimately based on transactional evidence ie. how much are vees actually changing hands for (not the quoted price). Factors such as mileage, service history, colour, spec, etc. all influencing this.

Worth: a far more subjective figure and personal to each and every individual in the market. Sellers - how motivated/distressed are they? Buyers - Again, how eager to buy, what particular colour/spec is sought e.g LY appears to have commanded a slight premium of late - worth more to potential buyers?

Of course, the two are very closely related but separate nevertheless. As long as both parties get close enough to their assessment of worth, a sale will occur (thus establishing value). The rarity of the vee makes gauging value a more difficult exercise as transactions are few and far between.

Re the car on PH, should the fact the gearbox has needed replaced be cause for concern?

 

[Duncan]

new gearboxs do come up time to time, wouldnt put me off, one less thing to replace lol!!!