There is more to life with TurboRenault.co.uk
Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Thoughts on selling again
- Thread starter VII Car Care
- Start date
Hopefully it will be a reverse Domino effect. Sellers and dealers may think hang on a minute we are selling too cheap and missing out on profit so raise their prices. Unlikely to work as the market doesnt work like that and as you say not all the cars are in the club and relatively speaking a lot of vees change hands every year. But maybe worth a try cos it cant damage the market can it. At least hold prices at 20k ie something more realistic or closer to LHD European values. It would look stupid admittedly if someone rings up and has the cash and the sale is refused!! What excuse can you give. Probably be rumbled quite easily!!
I suppose in reality those owners who want to sell but arent in a rush to sell can put theirs up for top dollar and see what transpires.
Dawn if you have to sell cos you need the money then fair enough but if you dont need to sell then hold onto her. Hope it all works out on the job front and it wont come to a 'for sale' advert.
I suppose in reality those owners who want to sell but arent in a rush to sell can put theirs up for top dollar and see what transpires.
Dawn if you have to sell cos you need the money then fair enough but if you dont need to sell then hold onto her. Hope it all works out on the job front and it wont come to a 'for sale' advert.
I wouldn't sell mine for 20k. Matt, there has been numerouspeople who have come on here and said "Aye, the cars a keeper" then promptly sell a year later... Circumstances change.
Moral of the story is, we need to dictate the prices, there rare enough to do so and with a number now a dealers TARGA? for example, is they get a sniff at the higher prices it'll only go up and up!
Moral of the story is, we need to dictate the prices, there rare enough to do so and with a number now a dealers TARGA? for example, is they get a sniff at the higher prices it'll only go up and up!
IMO there aren't the number of buyers at the moment to pay inflated prices unless there is something desireable or rare about a particular car which may make a buyer pay more - these things include but are not limited to colour, low milegae etc. There are currently enough cars out there for sale for a buyer to pick and choose based on their budget and what they want from their ownership experience.
The cream of the cars will always float to the top and command the highest prices unless sellers are desperate to sell in which case there are bargains to be had still ...
Also tieing into the PassionFord thread (I think) posted today, if the majority of the motoring public think Vees are poor handling, slower than expected cars this doesn't do much for the popularity making them more of a 'specialist' market. Perhaps a bit more awareness of the car would be better to create a bigger market rather than inflate the prices in the one which already exists. Or just wait for a new market i.e. the classic car market, which may or may not come - more likely to be a few more years and reliant on available numbers dropping.
Martin
The cream of the cars will always float to the top and command the highest prices unless sellers are desperate to sell in which case there are bargains to be had still ...
Also tieing into the PassionFord thread (I think) posted today, if the majority of the motoring public think Vees are poor handling, slower than expected cars this doesn't do much for the popularity making them more of a 'specialist' market. Perhaps a bit more awareness of the car would be better to create a bigger market rather than inflate the prices in the one which already exists. Or just wait for a new market i.e. the classic car market, which may or may not come - more likely to be a few more years and reliant on available numbers dropping.
Martin
I definetly agree that the car should be better known, in my opinion its about so much more than speed and there is nothing wrong with the handling. It's a drivers car (in the dry anyway lol) but I also agree that they are worth a lot more money but its definetly a buyers market with any car type at the moment. I do beliveve it will be a classic in a few years to come though.
Ali":ylfpl7nk said:
Long-term unsustainability of cartels
Game theory suggests that cartels are inherently unstable, as the behaviour of members of a cartel is an example of a prisoner's dilemma. Each member of a cartel would be able to make more profit by breaking the agreement (producing a greater quantity or selling at a lower price than that agreed) than it could make by abiding by it. However, if all members break the agreement, all will be worse off.
The incentive to cheat explains why cartels are generally difficult to sustain in the long run. Empirical studies of 20th century cartels have determined that the mean duration of discovered cartels is from 5 to 8 years. However, one private cartel operated peacefully for 134 years before disbanding.[6] There is a danger that once a cartel is broken, the incentives to form the cartel return and the cartel may be re-formed.
Whether members of a cartel choose to cheat on the agreement depends on whether the short-term returns to cheating outweigh the long-term losses from the possible breakdown of the cartel. (The equilibrium of a prisoner's dilemma game varies according to whether it is played only once or repeatedly.) The relative size of these two factors depends in part on how difficult it is for firms to monitor whether the agreement is being adhered to by other firms. If monitoring is difficult, a member is likely to get away with cheating (and making higher profits) for longer, so members are more likely to cheat and the cartel will be more unstable.
There are several factors that will affect the firms' ability to monitor a cartel7]
Number of firms in the industry
Characteristics of the products sold by the firms
Production costs of each member
Behaviour of demand
Frequency of sales and their characteristics
You/we cannot dictate the prices - unless of course you buy up all existing cars.
It difficult to consider the Vee as anything other than a hobby/passion - though I sincerely respect those who try to use it as a daily driver.
As such, that makes them fairly expendable when other life situations present themselves - ie kids, relocation, financial strain
The counter-argument is that Vees are mini-exotics, and (for my mind) the only alternative would be a bona-fide exotic...
In other words - £20k is worth less in my back pocket than it is in a pristine Vee.
As such, that makes them fairly expendable when other life situations present themselves - ie kids, relocation, financial strain
The counter-argument is that Vees are mini-exotics, and (for my mind) the only alternative would be a bona-fide exotic...
In other words - £20k is worth less in my back pocket than it is in a pristine Vee.
I dont think that advertising the cars for a higher price would have any effect, barking up the wrong tree.
What will make a difference is lack of cars for sale. Which as they get exported and crashed is happening - noticley less phase 1s around currently!.
Anyone who would only sell for top dollar should look to sell abroad. Its very easy for a buyer to register a UK car in France, and ive seen a few with LHD conversations.
Black golds are very rare in the rest of the world. I cant even remember the last time i saw one for sale in France - where they only sold 18 and one has since been sprayed acid yellow.
Theres one for sale in Germany at the moment for 29k Euros, thats 23 grand even at the current crap exchange rate. Just going from photos alone, its not as nice as yours Dawn.
Yes RHD would fetch less money over there, but a proper mint car thats one of the best in the world surely would still get more than the UK market.
Theres an LY for sale in France at the moment for 40k euros. Thats more than it was new!!!
You could earn a decent full time wage just buying cheap UK v6s and selling them on abroad!!!! Just have to be good at the old lingo and jump through some extra hoops.
What will make a difference is lack of cars for sale. Which as they get exported and crashed is happening - noticley less phase 1s around currently!.
Anyone who would only sell for top dollar should look to sell abroad. Its very easy for a buyer to register a UK car in France, and ive seen a few with LHD conversations.
Black golds are very rare in the rest of the world. I cant even remember the last time i saw one for sale in France - where they only sold 18 and one has since been sprayed acid yellow.
Theres one for sale in Germany at the moment for 29k Euros, thats 23 grand even at the current crap exchange rate. Just going from photos alone, its not as nice as yours Dawn.
Yes RHD would fetch less money over there, but a proper mint car thats one of the best in the world surely would still get more than the UK market.
Theres an LY for sale in France at the moment for 40k euros. Thats more than it was new!!!
You could earn a decent full time wage just buying cheap UK v6s and selling them on abroad!!!! Just have to be good at the old lingo and jump through some extra hoops.
VII Car Care
New Member
I can't sell her. As much as I could do with the cash, I just can't part with the bloody thing.
clarkeeuk99
New Member
I hope this is the decision you stick with Dawn 
VII Car Care
New Member
flolz! Sorry guys, time of the month an all that :rollseyes:
Cant stop thinking of Noble M14's atm
Cant stop thinking of Noble M14's atm
