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Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 12:14 pm
by Alex_
That particular 720s is lovely and a "bargain" at £130k. Someone got themselves a bloody good deal.
Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 12:22 pm
by Mito Man
Until 6 months time when it’s worth half that again

Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 12:53 pm
by Foz
Broccers wrote: Thu Apr 30, 2020 9:51 am
Jobbo wrote: Thu Apr 30, 2020 9:36 am
He's selling cars owned by other people - how has he made a loss that size?
Probably 250k lent to the new company from a group company to show a loss and not pay tax?
Based on the cars sold they are over £300k up, nice idea but they have the podcast and monkey Harris promoting it all the time, good luck to them!
Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 2:29 pm
by SSO
Alex_ wrote: Thu Apr 30, 2020 12:14 pm
That particular 720s is lovely and a "bargain" at £130k. Someone got themselves a bloody good deal.
They certainly did and I would expect more of the same to follow.
Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 2:44 pm
by Rich B
How long can Mclaren keep doing their thing when people know their cars will tank this much value so quickly? £3,000/mile is a little over “normal” for most people!
Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 2:49 pm
by Matty
Rich B wrote: Thu Apr 30, 2020 2:44 pm
How long can Mclaren keep doing their thing when people know their cars will tank this much value so quickly? £3,000/mile is a little over “normal” for most people!
I suspect most people can't afford a £250k car though...what's £3k a mile when you're in the 2 comma club?
Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 2:53 pm
by Matty
Although it has doors that open like this \./ so I suspect they're in the 3 comma club. Only poor people have doors that open like this -.-
(
Source)
Re: Where’s the car price crash apocalypse ?
Posted: Thu Apr 30, 2020 4:49 pm
by Nathan
WBAC closed its doors until further notice...
Re: Where’s the car price crash apocalypse ?
Posted: Fri May 01, 2020 10:25 am
by Broccers
Foz wrote: Thu Apr 30, 2020 12:53 pm
Broccers wrote: Thu Apr 30, 2020 9:51 am
Jobbo wrote: Thu Apr 30, 2020 9:36 am
He's selling cars owned by other people - how has he made a loss that size?
Probably 250k lent to the new company from a group company to show a loss and not pay tax?
Based on the cars sold they are over £300k up, nice idea but they have the podcast and monkey Harris promoting it all the time, good luck to them!
Yes I wonder how much of cost that advertising is ?
Re: Where’s the car price crash apocalypse ?
Posted: Fri May 01, 2020 12:09 pm
by Foz
People seem to be waking up to the economic impact of this, I am certainly holding off a new daily for a few months.
Re: Where’s the car price crash apocalypse ?
Posted: Fri May 01, 2020 4:39 pm
by SSO
Foz wrote: Fri May 01, 2020 12:09 pm
People seem to be waking up to the economic impact of this, I am certainly holding off a new daily for a few months.
Wise move
Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 11:19 am
by Foz
Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 11:27 am
by Carlos
The Tiptronic box doesn't help.
Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 11:30 am
by McSwede
Someone paid £6k for a shitbox XR3


They were rubbish back in the day so I can only imagine how awful they are now.
Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 11:36 am
by Foz
Carlos wrote: Thu May 28, 2020 11:27 am
The Tiptronic box doesn't help.
The turbo looks decent..
Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 11:44 am
by Carlos
Foz wrote: Thu May 28, 2020 11:36 am
Carlos wrote: Thu May 28, 2020 11:27 am
The Tiptronic box doesn't help.
The turbo looks decent..
I just saw that, even if it needed a couple of grand of tidying that looks cheap.
Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 11:47 am
by Foz
McSwede wrote: Thu May 28, 2020 11:30 am
Someone paid £6k for a shitbox XR3


They were rubbish back in the day so I can only imagine how awful they are now.
I know, but there’s always something about ford fanboys

Re: Where’s the car price crash apocalypse ?
Posted: Thu May 28, 2020 12:05 pm
by Orange Cola
Anecdotal evidence but I’ve seen a few adverts go up for Mustangs were the seller is sounding desperate (and also asking silly money, but that’s beside the point), one citing they need the cash due to no income and bills to be paid and the other pushing for the car to sold in just over a week from initial listing of the advert with more desperation as we approach this weekend (end of the month problem maybe?).
Re: Where’s the car price crash apocalypse ?
Posted: Fri May 29, 2020 11:21 am
by JonMad
£73k for an M3 CSL though

(plus £18k for the plate off it)
Re: Where’s the car price crash apocalypse ?
Posted: Fri May 29, 2020 11:30 am
by Foz
Still some outliers but yes that CSL ain’t cheap..
This blew me away as well..
https://collectingcars.com/for-sale/201 ... ri-599-gtb