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Hard to sell , but even harder to buy

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Old 01-10-2011, 10:07 AM
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Mr RS500
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Default Hard to sell , but even harder to buy

I am struggling to understand the way things are at the moment

People are all saying that is sooooo hard to sell anything , Not wrong , But im finding it harder to buy items

I am being offered loads of cars and bikes every day but at totaly stupid prices , And im not saying stupid because i want to nick stuff im talking totaly unrealistic in the way that i wouldnt even dream of asking the kind of price if i was selling it myself

If i look back about 12 to 18 months i was buying cars at reasonable money , sticking a wage on them and they were sold quite quickly ( everyone happy ) just seems that the worst financial state this country gets the more money people expect ,

Now i just sold one of my own collection at quite a bit less than i realy wanted but its gone so im reasonably happy , seems its just me , lol

What am i missing ?

And befor the trader haters reply with , " traders just want everything for nothing " please read above , Im talking being offered cars / bikes at stupidly over inflated prices that i dont even bother trying to do a deal i just say no thanks as its offered to me at much more than i could ever sell it for myself
Old 01-10-2011, 10:11 AM
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its pretty obvious Paul that if people are struggling for money they want to get the most for what they have and in most cases can hold out until they get that figure.. In some cases they can't and you make a counter offer and its accepted.
Old 01-10-2011, 10:12 AM
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The general public would have the exact same view as you though. Everyone selling at over inflated prices.

If they can ask for those prices and are prepared to hold out. Then that's their shout. Just the same as it is with a trader selling. If they dont get what they want in order to sell. They dont sell. Simple as that really.

All buying/selling markets are up the left at the minute. Few people have the money to buy, and perhaps sellers dont really want to sell, so it needs to be worth their while
Old 01-10-2011, 10:16 AM
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Originally Posted by R5FORD
its pretty obvious Paul that if people are struggling for money they want to get the most for what they have and in most cases can hold out until they get that figure.. In some cases they can't and you make a counter offer and its accepted.

Bit of a contradiction that? If they are "struggling" for money you wouldnt have thought they would be in a position to hold out until they get their unrealistic figure!!

If i was really struggling for money then I would be happy to get a quick sale for my car at a sensible and realisitic price although probably less than it was worth as i would no doubt need the money for more important things!!
Old 01-10-2011, 10:20 AM
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I think the problem is that the last few years everyone has decide tgat beings things aren't selling as easy everything is becoming RARE hence the prices going up.

Think everyone just needs to take a long hard look at the state of the country as a whole and realise things really arent worth as much as they are.

For instance i was contemplating selling my S1 this winter and getting a more original looking one but I took a good hard look at the car even tho it's my pride and joy and I've thrown quite a few quid at it I strongly believe I prob won't get much more than Ł3.5k fir it and original spec ones are going for Ł5 to Ł6k that need a little TLC..
Old 01-10-2011, 10:28 AM
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Originally Posted by NORTH YORKS RS SPARES
I am struggling to understand the way things are at the moment

People are all saying that is sooooo hard to sell anything , Not wrong , But im finding it harder to buy items

I am being offered loads of cars and bikes every day but at totaly stupid prices , And im not saying stupid because i want to nick stuff im talking totaly unrealistic in the way that i wouldnt even dream of asking the kind of price if i was selling it myself

If i look back about 12 to 18 months i was buying cars at reasonable money , sticking a wage on them and they were sold quite quickly ( everyone happy ) just seems that the worst financial state this country gets the more money people expect ,

Now i just sold one of my own collection at quite a bit less than i realy wanted but its gone so im reasonably happy , seems its just me , lol

What am i missing ?

And befor the trader haters reply with , " traders just want everything for nothing " please read above , Im talking being offered cars / bikes at stupidly over inflated prices that i dont even bother trying to do a deal i just say no thanks as its offered to me at much more than i could ever sell it for myself
It's the same in the newer car trade mate, things are fetching more at the auction than what they are worth on the open market. Crazy or what!?
Old 01-10-2011, 10:32 AM
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Did you sell the moonstone 500 paul?

When looking at cossies now , escorts arent really selling , spahs are if they are really good , & most 5k saph's are pure scrap think everyone is feeling the pinch & cossies can be such a money pit that ppl want out but at a price , i will keep mine in the garage mint & sorn rather than try sell it & get a headache !

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Old 01-10-2011, 10:39 AM
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just bought my mum a new daily machine and noticed the same thing
lots of over priced cars out there over valued by in general 30%
but genuine good value cars are still about by those that wish to sell.

it still took nearly 3 weeks to find a well looked after low mileage scenic for my mum it was so good i could not even haggle the seller down.
in most cases buyers just want a good car at a fair price not even after a recession bargain, friends also buying recently have said exact same things too.

the only cars that are cheaper these days are anything with a large petrol engine
Old 01-10-2011, 10:48 AM
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james kiely
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as you know paul most rs,s swallow up silly amounts of money and although the prices are over inflated the owners are probably taking a big hit at the price their asking you.

Last edited by james kiely; 01-10-2011 at 10:59 AM.
Old 01-10-2011, 10:56 AM
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Originally Posted by dlatch
the only cars that are cheaper these days are anything with a large petrol engine
So many big petrol bm's going for very little money;
This would have been a 50k plus car brand new all yours for just under 6k:
http://www.ebay.co.uk/itm/2002-BMW-745I-AUTO-7-SERIES-FULLY-LOADED-72K-MILES-NOT-328-330-735I-730-750-760-/180726603138?pt=Automobiles_UK&hash=item2a14251d82
Rich

Last edited by Sonic Boom; 02-10-2011 at 12:22 AM.
Old 01-10-2011, 11:31 AM
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Originally Posted by james kiely
as you know paul most rs,s swallow up silly amounts of money and although the prices are over inflated the owners are probably taking a big hit at the price their asking you.
I think your correct mate , as are others above , The main problem is that lets say Peter paid 6k for his saff 3 years ago , he has spent 3k on it since but now wants 8k back

You never ever get back what you put in FACT , plus peter bought his car in the boom and is now selling in hard times

Im the same , No intrest in my moonstone 500 that 12 months ago would have sold in 24hours , I have lowered the price tho as i realy want it sold

Lets see

At least this post has been taken the way i wanted , i expected a few saying im just moaning , lol

I just wanted other opinions on how hard times seem to do the oposite of what you would expect

Thanks for the serious replies fellas they have put a bit of faith back into PF
Old 01-10-2011, 11:34 AM
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Car prices are a bloody mess at the moment.

I was looking the other day, just for something really cheap and totally shit, and couldn't find anything.

One extreme example I remember was a ten year old Fiesta with a blown head gasket, and it was Ł360

My plan for buying a car for Ł2-300 to blow about over the winter soon seemed to go out of the window. The market is in a funny old state.

Last edited by massivewangers; 01-10-2011 at 11:35 AM.
Old 01-10-2011, 11:37 AM
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Understand where your coming from Paul, but the other week, I bought a 4x4 for the wife from a small dealership for Ł3000 under book without even haggling!
Old 01-10-2011, 11:41 AM
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Originally Posted by james kiely
as you know paul most rs,s swallow up silly amounts of money and although the prices are over inflated the owners are probably taking a big hit at the price their asking you.
Aint that the truth.mine.owes probaly 10k more than im adverising at.dont really want to break her as it took long enough to get her right. and someone would be getting a good price at what its at but no one is buying. theres.a lot of other car makes the same.the same.old porsches are still for sale,same old bm m3's etc etc.and the newer cars are depriciating fast.look at e92 m3.8 months ago they were at lowest 34k now they are22K
Old 01-10-2011, 11:42 AM
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I would think at the newer end of the spectrum, there's some really good deals to be had still. I bet with a lot of stuff you could get big discounts if you tried.

It's just older and more specialised stuff that seems to be in an odd state. The problem with RS models too, is that people seem to think they're suddenly worth a fortune. Values are going up for good cars, so people seem to think slightly ropey cars are also worth a fortune too. They're very much losing their affordable nature sadly!
Old 01-10-2011, 11:45 AM
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The MK2 Focus RS is a perfect example imho, you only have to go onto PH and the market's flooded with them and most AREN'T shifting, what were these new, 30k iirc?? there's a few on there with the Jamsport/ Mountune 400 packages too around 21-22k, alot of car for sure but still they're not shifting...

I tried mine for over 5weeks and just total messers, so in the end i thought sod it, it'll stay as i'm NOT prepared to give it away cus i know mine's one of the nicest outhere ( not being bigheaded) ...
Old 01-10-2011, 12:04 PM
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Originally Posted by Staffi_
cus i know mine's one of the nicest outhere ( not being bigheaded) ...
Just for confirmation have you any piccies of said car

Steve
Old 01-10-2011, 12:09 PM
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Originally Posted by Moonstone Steve
Just for confirmation have you any piccies of said car

Steve
Yeah, i'm nearly as boring as you and Lanky talking about RR Figures, EP, Cams every other day..
Old 01-10-2011, 12:16 PM
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Originally Posted by NORTH YORKS RS SPARES
I think your correct mate , as are others above , The main problem is that lets say Peter paid 6k for his saff 3 years ago , he has spent 3k on it since but now wants 8k back

You never ever get back what you put in FACT , plus peter bought his car in the boom and is now selling in hard times

Im the same , No intrest in my moonstone 500 that 12 months ago would have sold in 24hours , I have lowered the price tho as i realy want it sold

Lets see

At least this post has been taken the way i wanted , i expected a few saying im just moaning , lol

I just wanted other opinions on how hard times seem to do the oposite of what you would expect

Thanks for the serious replies fellas they have put a bit of faith back into PF
From the few RS's I've seen you selling, none of them seemed overpriced IMO. The crystal blue saph a while back seemed bang on for the money.
Old 01-10-2011, 12:24 PM
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Originally Posted by NORTH YORKS RS SPARES
I think your correct mate , as are others above , The main problem is that lets say Peter paid 6k for his saff 3 years ago , he has spent 3k on it since but now wants 8k back

You never ever get back what you put in FACT , plus peter bought his car in the boom and is now selling in hard times
You never get back what to but into a Cossie if you did i'd be asking 45k for my 3 door <<<real tears I kid you not!
Rich
Old 01-10-2011, 01:33 PM
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I've found that the prices for lots of things nowadays are either way above or way below what I was thinking they were worth

That might just be because I'm a bit neive about the value of stuff, but if I think it's worth one figure and someone else has it on for another then I'll still offer what I think it's worth to me

And don't forget that everyone is now in the same boat of wanting to cash up their goods because of the uncertainty of money
Old 01-10-2011, 04:12 PM
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Originally Posted by phil69a
From the few RS's I've seen you selling, none of them seemed overpriced IMO. The crystal blue saph a while back seemed bang on for the money.

This is the problem tho , I realise that to sell them they need to be at an atractive price , this means i need to buy them quite cheap , but people are ringing me as a trader and asking for more than i am actually selling for

Like i have with my own cars , we ALL need to understand that prices have to be very very tempting ( or even a bargain ) to sell

Worst is that its going to get a lot worse before it gets even stable let alone batter
Old 01-10-2011, 04:19 PM
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i wonder how the new recession will fuck this all up more??
Old 01-10-2011, 04:39 PM
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heres my two pence worth

i trade in all sorts from cheap snotters to 2/3 year old bread butter cars, i adopt one attitude and it seems to work, advertise it dont panic dont drop it stick to my price it will sell in the end, hopefully im intelligent and experianced enough to price them right

i have to agree sourcing is a lot harder, i now and dfoing a few benders 3 year old astras etc and advertising them as prev damaged and drawing in about 3k easily on each one

no point giving anything away these days all or nothing, some cars i make an easy grand on some cars 200 i dont care, it could be a 3 wheeler doesnt bother me.


the amount of foregners are ruining it so play them at there own game, from experiance they are happy to pay good money for things, im polite and upfront with them, if they stand infront of me talking int here klanguage i ask them to speak english as its offensive to me.

i have had a lot of good results from slovaks pols bulgarians etc lately.

i run a recovery truck that used to bring it a couple hundred or so extra a week thats as good as completely died, i get the callls but no one wants to pay the money, im not moving a car locally ish for a private punter for any less than Ł50 fuck em.
Old 01-10-2011, 05:18 PM
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Originally Posted by rsturbolee
i run a recovery truck that used to bring it a couple hundred or so extra a week thats as good as completely died, i get the callls but no one wants to pay the money, im not moving a car locally ish for a private punter for any less than Ł50 fuck em.


hence you dont move them, theres a lowloader on every street

i know a guy who moved something most days, hes doing very wll, i get him to do all mine as he is efficient, goes out of his way to help (pushing cars up hills lol) and is still a bargain therefore if he told me Ł20 i'd always give him more, he scrapped a car for me the other day iand i did well out of it so he shares in the bonus too (he also collected it for me and dropped it here)

if i had the choice to drop someone a grand that i know but not close family or someone i hit the pub with it would be him

he even does alot of bodywork companies etc, they stop running trucks because he is so good
Old 01-10-2011, 05:22 PM
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i do do trade work for 30 but for a score id leave the diesel in my truck fuck that
Old 01-10-2011, 05:35 PM
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Originally Posted by rsturbolee
heres my two pence worth

i trade in all sorts from cheap snotters to 2/3 year old bread butter cars, i adopt one attitude and it seems to work, advertise it dont panic dont drop it stick to my price it will sell in the end, hopefully im intelligent and experianced enough to price them right

i have to agree sourcing is a lot harder, i now and dfoing a few benders 3 year old astras etc and advertising them as prev damaged and drawing in about 3k easily on each one

no point giving anything away these days all or nothing, some cars i make an easy grand on some cars 200 i dont care, it could be a 3 wheeler doesnt bother me.


the amount of foregners are ruining it so play them at there own game, from experiance they are happy to pay good money for things, im polite and upfront with them, if they stand infront of me talking int here klanguage i ask them to speak english as its offensive to me.

i have had a lot of good results from slovaks pols bulgarians etc lately.

i run a recovery truck that used to bring it a couple hundred or so extra a week thats as good as completely died, i get the callls but no one wants to pay the money, im not moving a car locally ish for a private punter for any less than Ł50 fuck em.
i think your spot on there, the cars i sell are always bang on, i do all the work needed on them and are all sold with tax and 12 month mot thus i price them accordingly and i will not budge on price i would rather keep it for longer than sell it for less and im doing allright on it and like you say i can make a grand on one or 50quid on another but at the end of the day profit is profit
Old 01-10-2011, 06:19 PM
  #28  
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hey guys,

over herein ireland ive in the last 3 weeks bought two sapph cossies, one with a genuine 400bhp mapped by msd in reasonable shape that drove home no problems bar a sticking caliper for 2800 euro,(he was asking 4350) thats what??, 2300 sterling??

secoond one i bought for 2500 euro (he was asking 3850) and again 330bhp and in ok shape, both had engine rebuilds with receipts for parts 15k and 10k ago respectively,

thats the state of the economy over here,
Old 01-10-2011, 06:52 PM
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Originally Posted by NORTH YORKS RS SPARES
This is the problem tho , I realise that to sell them they need to be at an atractive price , this means i need to buy them quite cheap , but people are ringing me as a trader and asking for more than i am actually selling for

Like i have with my own cars , we ALL need to understand that prices have to be very very tempting ( or even a bargain ) to sell

Worst is that its going to get a lot worse before it gets even stable let alone batter
I know exactly what you mean, when I was selling ex fleet cars full time for myself I would pretty much have to be the cheapest in the UK. When people phoned up with px's they wanted a lot more than what I could retail them for, let alone make any money out them them!
Old 01-10-2011, 07:14 PM
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People who used to have Cossies tucked away for a rainy day are now skint, so they put them up for sale. Problem is they think because they've got a sentimental attachment to the car that it's worth more than others.
Old 01-10-2011, 07:20 PM
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i used to have 2 or 3 cars at a time to sell, but they are getting more & more difficult to source, i only deal in cars <Ł5k, but i never have trouble selling what i buy because the price is right for what i'm selling

i always offer PX on my cars as it does help alot of buyers out, but some people want my car at trade and me buy there's at retail! there is alot of muppets out there
Old 01-10-2011, 07:25 PM
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where i work we have been surprisingly busy.
the cars are not cheap but not overpriced as they come with 3 months warranty and a fresh mot-they will refurb the wheels if required,dent man comes every week and if they need pain they will get it.
we are averaging 30-40 cars a month.

lots of smaller 05ish plate fiesta/corsas-as soon as they come in they are selling.bigger stuff not selling as quick but this week we have done an 07 range rover sport,07 audi q7,2x 08 plate 3 series bmw's amongst all the other stuff.

our pitch is probably 15-20 cars less than usual at the mo as they cant replace the stock due to the lack of decent priced cars at auction.

we are getting a lot of people down-grading cars trading down from bmw's/4x4's/convertibles etc for focus/fiesta/corsas etc due to cheaper running costs
Old 01-10-2011, 07:39 PM
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Originally Posted by LHD220Turbo
i used to have 2 or 3 cars at a time to sell, but they are getting more & more difficult to source, i only deal in cars <Ł5k, but i never have trouble selling what i buy because the price is right for what i'm selling

i always offer PX on my cars as it does help alot of buyers out, but some people want my car at trade and me buy there's at retail! there is alot of muppets out there
Nail, head! I used to get asians phoning up wanting a grand off the asking price, then introduce a px which they wanted the earth for! Used to boil my piss!
Old 01-10-2011, 07:53 PM
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If you look at other areas, the classic, historic(rally and circuit) or group B cars, the price is on the up, many have increase in price by 50% or more in the last three years.

Steve
Old 01-10-2011, 08:04 PM
  #35  
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supply and demand will set the prices - the market is self regulating
Old 01-10-2011, 08:28 PM
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Originally Posted by phil69a
Nail, head! I used to get asians phoning up wanting a grand off the asking price, then introduce a px which they wanted the earth for! Used to boil my piss!
i always ask them now if they are joking, some punters have a bit of banter but some get really arsey!!
Old 01-10-2011, 08:59 PM
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Originally Posted by LHD220Turbo
i always ask them now if they are joking, some punters have a bit of banter but some get really arsey!!
The thing is they know the car is already cheap enough or they wouldn't be calling in the first place! I've had punters down offering silly money so have just locked the car and walked in the house without saying a word
Old 01-10-2011, 09:20 PM
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Originally Posted by phil69a
I've had punters down offering silly money so have just locked the car and walked in the house without saying a word
haha, not sure i could do that, but fair play.
Old 02-10-2011, 12:19 AM
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Originally Posted by Sonic Boom
So many big petrol bm's going for very little money;
This would have been a 50k plus, car brand new all yours for just under 6k:
http://www.ebay.co.uk/itm/2002-BMW-745I-AUTO-7-SERIES-FULLY-LOADED-72K-MILES-NOT-328-330-735I-730-750-760-/180726603138?pt=Automobiles_UK&hash=item2a14251d82
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holy crap that's a lot of car for the money
Old 02-10-2011, 08:38 AM
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sI fail to undersand why you should try and advertise your car to be one of the cheapest around?????



Doing yourself out of money if ask me, advertise it for more let them haggle a little you will still be up.


If i have a car stuck up my arseill still sit on it for the right money,, if i loose a sell or get messed about to the next punter i will make sure i put atleast another 50 in my pocket, all buyers are liers fuckem.

Im a very genuine guy and i can sell anything people go with gut instinct when they buy from me.


Quick Reply: Hard to sell , but even harder to buy



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