Someone got a cheapy

[Gazcw]

 

[Contigo]

Looking at all the results from that Auction the market has cooled off a lot for classics. Usually an indication of impending financial crisis.

 

[alfatwo]

I thought that was about the going rate for an old 4200GT

Dave

 

[Wanderer]

Looking at all the results from that Auction the market has cooled off a lot for classics. Usually an indication of impending financial crisis.

You mean Brexit.....

 

[Lozzer]

I thought that was about the going rate for an old 4200GT

Dave

Yep.

 

[allandwf]

It always goes quiet at this time of year, but the uncertainty looming certainly wont help some.

 

[Gazcw]

Looking at all the results from that Auction the market has cooled off a lot for classics. Usually an indication of impending financial crisis.

Agreed. There were many long faces apparently.

 

[alfatwo]

Agreed. There were many long faces apparently.

You mean for the sellers not the punters

Dave

 

[Gazcw]

You mean for the sellers not the punters

Dave

Yep. All those that thought 10k for a crappy eighties family wagon was a fair price.

 

[TimR]

I thought that was about the going rate for an old 4200GT

Dave

I know you like to diminish 4200's but I'd have to say, you might nearly be right. It wasnt the case 8 months ago IMO !

 

[safrane]

Hard to make an informed judgement of the limited info in post #1 A 2005 4200; Miles? History? Condition? lots of variables. Add in a dealers mark up and prep and the car is c14/15k, which with the time of year and miles dependent is typical market price for the car.

 

[nfm]

£11,880, presumably plus commission. It is a cc, 63k miles.

 

[safrane]

So similar price and miles to the one I sold in 2011 (2004 MY)... So a good price I would say via an auction.

 

[dgmx5]

£11,880, presumably plus commission. It is a cc, 63k miles.

That will be the price incl commission. There was a 2005 M5 V10 that went for £6k, that's a lot of car for the money.

 

[Contigo]

That will be the price incl commission. There was a 2005 M5 V10 that went for £6k, that's a lot of car for the money.

Erm did you see the mileage?

Not for the feint hearted owned many and that could be bankruptcy stuff.

 

[rockits]

What was the mileage on the M5?

 

[Contigo]

What was the mileage on the M5?

193k miles.

 

[rockits]

Crikey....highest I've seen for an E60/E61 M5.

I'd have no issue running a W211/S211 E55K at that mileage....but M5....not sure it makes sense.

 

[Contigo]

Imagine it next day, VANOS goes, then clutch, then gearbox actuator, cars value gone!!!! Engines are 12k replacement!!!! Not for the feint hearted that one. I love them though and still lust for another.

 

[rockits]

Agreed...I'd have another tmrw as well but much better to spend a few k more to get less of a ticking time bomb. You can get decent looked after ones with VANOS rebuilt with less than 80k miles for less than 15k. I'm sure with some canny buying 10-12k would buy something decent soon.