 | Home > General > Post Covid Greed ???????? |
 
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| Andy B Member Since: 03 Apr 2012 Location: West Malling Posts: 1223  
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Can't answer for the Dealer greed question, but there is a bit more around current prices in this thread:
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5th Jun 2021 11:28am |
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| Martin2 Member Since: 15 Jun 2020 Location: Northamptonshire Posts: 713
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Used prices have been going up a lot recently, up to 20-25% according to what I’ve read. Dealers tend to review their prices regularly and adjust them, used to be down over a period but it’s been the opposite in 2021.
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5th Jun 2021 11:49am |
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| mjdronfield Member Since: 04 Nov 2011 Location: Derbyshire Posts: 7629  
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So we are not wanting our fatties to increase in value then? Just kidding. I know what you mean. This is good if you are selling, but not buying... obviously.
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5th Jun 2021 12:08pm |
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| Mikey Member Since: 10 Jan 2008 Location: Dundee Posts: 1691 
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Shortage of new cars, plus low consumer confidence has led to a greater demand in used cars, hence the increase in prices |
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5th Jun 2021 12:18pm |
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| Overfinchbespoke Member Since: 04 May 2010 Location: Wirral Posts: 77 
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Some very good opinions so far guys, thanks. I'm hoping this is just a temporary trend.
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5th Jun 2021 12:26pm |
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| Overfinchbespoke Member Since: 04 May 2010 Location: Wirral Posts: 77
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Martin2
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5th Jun 2021 12:32pm |
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| mjdronfield Member Since: 04 Nov 2011 Location: Derbyshire Posts: 7629
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I’m no expert, but I think the more a car is worth, the more it’s affected by price fluctuations, in that if you hold on to yours a bit, like you say, if prices drop, the newer car ought to drop more than your current one.
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5th Jun 2021 12:33pm |
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| Martin2 Member Since: 15 Jun 2020 Location: Northamptonshire Posts: 713
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I’ve had mine 12 months now and if it was on a main dealer forecourt the it would be about the same price, maybe £1-2k less at most, so yes values have gone up. Butwhen you look at trade in values (Motorway is a good guide) then it’s lost £7-8k....but I was expecting to average £12k a year over 3 years so I’m fine with that. As has been said, like with houses, strong values aren’t any good to you if you’re upgrading as the gap just gets bigger. I’m really happy with the car and really pleased to report it’s been fault free. I thought by buying a 12 month old car is stand the bast chance to it not driving me mad with issues and I was right. Im still convinced the SDV8 is the one to have, performance is acceptable for the size of vehicle and anything faster wouldn’t suit it and economy is better than expected. The main reason for choosing it though was the anti roll and I wouldn’t have one without it as it rolls enough as it is! I always have it in Dynamic on A Roads, the ride is still good and I find the reduced movement makes it feel more comfortable. I bought it because we needed the rear seat width to get 2 x tall teenage boys and a baby seat in comfortably and it is excellent as a family carrier. If I didn’t need that space, then something like a Panamera Turbo Estate would suit me better, but overall I’m happy for now. MY23 Panamera E-Hybrid MY19 SDV8 Autobiography - Sold |
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5th Jun 2021 12:56pm |
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| dingg1 Member Since: 29 Jun 2013 Location: PORTUGAL Posts: 1271 
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People's bank accounts are awash with cash, no shops open for months on end, no pubs open, no foreign holidays, nothing else to spend cash on but either a replacement house or car, hence tge step change in both.
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5th Jun 2021 1:04pm |
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| stan Site Moderator Member Since: 13 Jul 2010 Location: a moderate moderated moderator moderating moderately in moderation Posts: 34913
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used car prices have definitely gone up....my wife had a choice of 2 colours on same spec 70 reg C1 and chose a blue one..
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5th Jun 2021 1:15pm |
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| Martin2 Member Since: 15 Jun 2020 Location: Northamptonshire Posts: 713
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They doubled the price?! |
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5th Jun 2021 1:16pm |
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| mjdronfield Member Since: 04 Nov 2011 Location: Derbyshire Posts: 7629
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5th Jun 2021 1:20pm |
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that’s a good way of keeping the RR feeling special. My lady has an 06 plate Fiesta.... 🤣| Overfinchbespoke Member Since: 04 May 2010 Location: Wirral Posts: 77
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Thanks Martin, very helpful indeed. I think the 4.4 SDV8 might be the way to go as there seems to be a very good selection out and they do seem reasonable priced, even with the direction of this thread to determine prices.
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5th Jun 2021 1:29pm |
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| stan Site Moderator Member Since: 13 Jul 2010 Location: a moderate moderated moderator moderating moderately in moderation Posts: 34913
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with used car prices rising and me not doing any mileage at the moment i think it might the right time to sell my FF and go electric.. ... - .- -.
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5th Jun 2021 1:29pm |
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