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Some secondhand cars going up in price?

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Old 28 February 2009 | 06:23 PM
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Default Some secondhand cars going up in price?

I heard some secondhand cars are going back up in price by as much as £1400 squid worth looking around for a bargain hey
Old 28 February 2009 | 07:53 PM
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Unfortunately the cars going up aren't Subarus !
Old 28 February 2009 | 09:26 PM
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Originally Posted by ian.b
I heard some secondhand cars are going back up in price by as much as £1400 squid worth looking around for a bargain hey
Which car is that?
Old 28 February 2009 | 09:29 PM
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Actually i was speaking to an importer the other week who was saying he was planning on raising prices buy a few hundred quid as the europeans have started buy imprezas.. dont know how true this is but still nows the ideal time to but due to the market
Old 28 February 2009 | 09:30 PM
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Reason being that very few new cars are getting sold - hence a shortage of quality used cars.

The buying public is not in the remotest interested in modified japanese high performance 18mpg rice rockets ...... not anymore.
Old 28 February 2009 | 09:34 PM
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every one but me
Old 28 February 2009 | 10:50 PM
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March Glass's Guide my 55 Plate STi has gone up £325 and it went up last month as well
Old 28 February 2009 | 11:13 PM
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Originally Posted by shaggy6
Actually i was speaking to an importer the other week who was saying he was planning on raising prices buy a few hundred quid as the europeans have started buy imprezas.. dont know how true this is but still nows the ideal time to but due to the market
Sounds like a bull**** excuse for the exchange rate problems to me
Old 28 February 2009 | 11:18 PM
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Most cars have gone up in book because of the low numbers of used cars available for Dealers to buy and people are paying into book to get stock, which means selling prices will rise to retain margin needed.
Old 01 March 2009 | 04:46 PM
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Think its due to the motor industry crashing thats why people are sartting to buy older cars, you watch when second hand cars go back up. Not all but wait it will if things get worse.
Old 02 March 2009 | 09:16 AM
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It makes sense - if nobody is buying new cars, there aren't any part ex's coming into garages, and if nobody is buying those part ex's, there aren't the even older cars coming in, and it filters all the way down.

Add to that people aren't going to bother importing used cars they cant sell, and there will be a shortage of certain models, and if they are still reasonably desirable, the prices will go up.
Old 02 March 2009 | 11:15 AM
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wishful thinking primarily.

There may be some stabilisation, but people now have got higher priorities than motor vanity so a reasonable hike or recovery of sorts is about as likely as me sprouting ****
Old 02 March 2009 | 11:31 AM
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Originally Posted by Peanuts
wishful thinking primarily.

There may be some stabilisation, but people now have got higher priorities than motor vanity so a reasonable hike or recovery of sorts is about as likely as me sprouting ****
Moobs are also getting more common apparently

I can't see prices going up by much but I think they have bottomed out now and will stabilize.
Old 02 March 2009 | 11:44 AM
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I'm ex-motor-trade (got out a couple years ago, thank God) but still have a lot of mates who are trying to make a living as dealers. Anything small, economical and in clean condition is in strong demand and prices are firm (e.g. Fiat Panda Diesel). Anything big and lumpy will stay rooted to the forecourt. There is almost zero interest in most Subaru's, new or secondhand, and modded cars are a very very niche market.
Old 02 March 2009 | 01:25 PM
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I agree with Peanuts - there is no way prices on high running-cost cars like Scoobies will go up this year. A lot of people are yet to loose their jobs. Unemployment will rise sharply over the next few months. I reckon prices will fall steadily this year, maybe stabilise next year.

The Yen is also starting to fall at the monent - Japanese car exports were down 80% (!!!!!) at the end of last year. JDM imports may well start to fall in price, depends on how much s**t Sterling is in.
Old 02 March 2009 | 05:03 PM
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I pulled into a petrol station and there was a car sales on the forcourt. I was looking around when filling up and saw say average types of car on 51/52 plates for around £1k then I noticed a W reg micra which obviously does loads of miles to the gallon for over £2k
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