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Is the market really this bad?

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Old 14 October 2012, 04:16 PM
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vava voom
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Default Is the market really this bad?

http://www.ebay.co.uk/itm/1109624024...84.m1559.l2649

Mates car on flea bay , over 200 watchers, i think a good description...maybe a bit too much but better than what you see on there and it only gets to £6650
Old 14 October 2012, 04:24 PM
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LeeMac
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For me, the beginning of the description puts me off straight away -
fastest and took in part ex tells me he hammers it and doesnt like it or something suspect and so is selling on

I will continue to read........
Old 14 October 2012, 04:24 PM
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Didnt get much more for my modified spec-D with half the miles. Sadly its just the way the way it is these days, its a buyers market and some great cars out there for <£8k
Old 14 October 2012, 04:31 PM
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Originally Posted by LeeMac
For me, the beginning of the description puts me off straight away -
fastest and took in part ex tells me he hammers it and doesnt like it or something suspect and so is selling on

I will continue to read........
HAHA you have no idea how far you are from the truth....it was px'ed against his Volvo C30 Diesel and if i said Miss Daisey would beat him in a race then that would be about right
Old 14 October 2012, 04:33 PM
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Originally Posted by DT-SPD
Didnt get much more for my modified spec-D with half the miles. Sadly its just the way the way it is these days, its a buyers market and some great cars out there for <£8k
yeah looks like market is dead right now, better to just leave it parked in the garage
Old 14 October 2012, 04:34 PM
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poolio74
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I think the market is bad,but in my opinion the problem lies with people who are prepared to sell to cheap.If they dont sell in the first week or two they panic and start lobbin great chunks off there askin price!then people think thats the going rate(my mate only paid x amount for one)and so on.The classifieds are full of scoobs at strong prices that arent selling,and the only ones that are selling are the ones that in my opinion are to cheap.If every seller stuck to there guns and stop panicking if it dont sell immeadiatley things wouldnt be as bad!
Old 14 October 2012, 04:38 PM
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vava voom
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Originally Posted by poolio74
I think the market is bad,but in my opinion the problem lies with people who are prepared to sell to cheap.If they dont sell in the first week or two they panic and start lobbin great chunks off there askin price!then people think thats the going rate(my mate only paid x amount for one)and so on.The classifieds are full of scoobs at strong prices that arent selling,and the only ones that are selling are the ones that in my opinion are to cheap.If every seller stuck to there guns and stop panicking if it dont sell immeadiatley things wouldnt be as bad!
That makes a lot of sense...he is worried as he took £7k off the C30 on my advice and i told him he would make that back easy ....
Old 14 October 2012, 04:42 PM
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Why did he put no reserve? Askin for trouble if you ask me.
Old 14 October 2012, 04:45 PM
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Originally Posted by poolio74
Why did he put no reserve? Askin for trouble if you ask me.
It may have something to do with the fact that i was telling him it will fetch £7k on a bad day......i remember when i was looking i was getting laughed at when i was offering £8500 and that was this year

He's not heard from the winner yet either
Old 14 October 2012, 05:55 PM
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I think people are selling too cheap, dont know whether people are that hard up, or cant just wait it out.
I'd rather put mine in the garage than sell for that price.
Old 14 October 2012, 06:47 PM
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Someone just got a deal,
Old 14 October 2012, 07:20 PM
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You know what the f*cked up thing is? we sent the guy 3 messages with no responce
Old 14 October 2012, 07:26 PM
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Looking at the time of his bid, he may have had a hangover on Saturday morning and quite probably no recollection of the contract he'd just entered into.

Beer + eBay = Remorse.

I sincerely hope I'm wrong though.
Old 14 October 2012, 07:26 PM
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As above, I don't think the Ad helped get the best price.

I like this bit "Gold Brembo braking system which is also used on the Aeroplanes"
Old 14 October 2012, 07:32 PM
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Originally Posted by Osimabu
Looking at the time of his bid, he may have had a hangover on Saturday morning and quite probably no recollection of the contract he'd just entered into.

Beer + eBay = Remorse.

I sincerely hope I'm wrong though.
LOL did not notice that......your probably right
Old 14 October 2012, 07:54 PM
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Originally Posted by poolio74
I think the market is bad,but in my opinion the problem lies with people who are prepared to sell to cheap.If they dont sell in the first week or two they panic and start lobbin great chunks off there askin price!then people think thats the going rate(my mate only paid x amount for one)and so on.The classifieds are full of scoobs at strong prices that arent selling,and the only ones that are selling are the ones that in my opinion are to cheap.If every seller stuck to there guns and stop panicking if it dont sell immeadiatley things wouldnt be as bad!
Err... That's how a market works...

As a Subaru owner (I have two), I fail to see the problem anyway. Surely cheap cars are better for everyone. Makes it cheaper to upgrade
Old 14 October 2012, 08:12 PM
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I'm on the verge of selling both our imprezas. Trouble is I can't bare to give them away.

My car is pretty rare (jdm bugeye Sti wagon) and my mrs car i guess is quite rare too for what it is, 2001 classic mica red wagon, 67k original paint and no rust even hinting!

I can't bare the thought of the "me mate Dave got one for £1500 init" what they neglect to mention is it needs a reshell for rust and it's done 150k
Old 14 October 2012, 08:27 PM
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That went for cheeeap! I paid £6200 for my 2004 STI PPP (fsh tax and mot ect) with 65k on clock just last month. Does have the pff7s and couple orher mods too though aswell
Old 14 October 2012, 08:30 PM
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For both of yours you would proberly be better off breaking them. The market is a buyers market not a sellers. My 02 bug wrx 78k miles full history I gave 2100 my 52 wrx estate one owner full history 82k miles tuned wrx with document 320 bhp I gave £1800 for just a sign of the times people aren't prepared to pay lots for the car then insurance ect. Didn't help when Subaru cut 6k off the price of a brand new sti not long ago
Old 14 October 2012, 09:12 PM
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irondrew
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Originally Posted by vava voom
HAHA you have no idea how far you are from the truth....it was px'ed against his Volvo C30 Diesel and if i said Miss Daisey would beat him in a race then that would be about right
yet he talks about getting thrown back into his seat and it handling as if its on rails.... not very miss Daisy to me ;-) just saying....
Old 14 October 2012, 09:24 PM
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These cars are not selling too cheap .... they are making their current values.

You may not like the values, but, they are correct ..... it's the market telling you that these cars are no longer the desireable items they once were.

Modify them and you are making them worth a whole lot less than you ever imagined - admit it, who wants one which has been messed about with?

The party is over ..... buy a powerful diesel and secure your investment
Old 14 October 2012, 09:31 PM
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I remember when I had to sell my previous Impreza back in June 2008. I wanted £3k for it and had a member on here insisting it was worth no more than £2k. Even wanted me to drive it to his house for him LOL!

The first person that saw it paid the asking price

The market is on its **** now worse than then.
Old 14 October 2012, 09:41 PM
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Originally Posted by pslewis
These cars are not selling too cheap .... they are making their current values.

You may not like the values, but, they are correct ..... it's the market telling you that these cars are no longer the desireable items they once were.

Modify them and you are making them worth a whole lot less than you ever imagined - admit it, who wants one which has been messed about with?

The party is over ..... buy a powerful diesel and secure your investment
I work on diesels every day, you won't be talking about investments when your pump packs up, or your injectors. You'll be talking about selling your shares in johnson & johnson talcum powder to pay for it.
Old 14 October 2012, 09:43 PM
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Or your particulate filter or dual mass flywheel....
Old 14 October 2012, 09:55 PM
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Wow I knew the market was bad but that figure is shocking, I would have have guessed a figure of around 8k before seeing the ad.
It doesnt look good that the buyer hasnt contacted you either.
Old 14 October 2012, 10:16 PM
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Originally Posted by jameswrx
I work on diesels every day, you won't be talking about investments when your pump packs up, or your injectors. You'll be talking about selling your shares in johnson & johnson talcum powder to pay for it.
I'll fix it myself ........ it's only an engine!
Old 14 October 2012, 10:17 PM
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Originally Posted by Osimabu
Or your particulate filter or dual mass flywheel....
My diesel doesn't have a DPF .... one of the reasons I selected what I did

When was the last time a Flywheel failed? Never, as far as I have heard about.
Old 14 October 2012, 10:18 PM
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Originally Posted by jameswrx
I work on diesels every day, you won't be talking about investments when your pump packs up, or your injectors. You'll be talking about selling your shares in johnson & johnson talcum powder to pay for it.
Johnson and johnson Class.
Old 14 October 2012, 10:19 PM
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poolio74
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Originally Posted by jameswrx
I work on diesels every day, you won't be talking about investments when your pump packs up, or your injectors. You'll be talking about selling your shares in johnson & johnson talcum powder to pay for it.
Johnson and johnsonClass
Old 14 October 2012, 10:21 PM
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poolio74
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Originally Posted by Henrik
Err... That's how a market works...

As a Subaru owner (I have two), I fail to see the problem anyway. Surely cheap cars are better for everyone. Makes it cheaper to upgrade
Not if you want to upgrade to a car thats holding its value better


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