The rise of the used car market

Vince2

Member
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192
Just done an Italian equivalent to WBAC, (noicompriamoauto.it) for my 2012 GTS Auto. was able to put everything in as if it was in Italy except reg number but still got an offer. 42,200 Euro ( about £35,5k)
WBAC offer is about £31k. Looks like the Italians value Maseratis more than the UK!
 

dickygrace

www.richardgracecars.co.uk
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7,309
Bit unfair, it's at a massive discount to the market rate. I sold it today to WBAC. I realise that dealers want stuff with a massive margin in it but it's not always the way it works out. I reckon that's a £50k car all day long in the current condition.
Still for sale nearly 10 months later, and at £46980 now. The mad thing is that albeit clearly too expensive and at a well-known car supermarket it still ‘appears’ to be one of the better value GT Sports for sale in the U.K.
 

Contigo

Sponsor
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18,376
Still for sale nearly 10 months later, and at £46980 now. The mad thing is that albeit clearly too expensive and at a well-known car supermarket it still ‘appears’ to be one of the better value GT Sports for sale in the U.K.
Knowing the car well and the condition of it (bar the calipers which need repainting) it really is a good car. It's near to what I got for it nearly one year ago. Madness.
 

bigbob

Member
Messages
8,952
Knowing the car well and the condition of it (bar the calipers which need repainting) it really is a good car. It's near to what I got for it nearly one year ago. Madness.
Late last year when I was looking at Astons (and before I realised that they were no better than what I already had in the garage) I looked at the Auto100 website. Some nice looking stock but still all there months and months later! Either most of it is SOR - which your car clearly is not - with sellers who are not interested or they must have a massive working capital facility. What would worry me is that loads of these cars will be sitting on underinflated tyres for storage purposes and missing service dates. The latter is less of a problem for a GranTurismo on two year intervals but a big thing for a V8 Vantage which is meant to be serviced annually.

As an aside CAP on my 2011 GranTurismo has dropped nearly 15% in the last three months. No need for anyone to chase anything and that's in the busy time of year.
 
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rockits

Member
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9,167
Most stuff has been softening the last month or two. The demand is the thing that has softened in the main so prices have dropped accordingly. I expect that will likely continue as things bite harder for many.
 

Andyk

Member
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61,038
Most stuff has been softening the last month or two. The demand is the thing that has softened in the main so prices have dropped accordingly. I expect that will likely continue as things bite harder for many.

Agree, an early Vantage with higher miles went above 30k a year or so ago now they are back down to 25k. Old V8’s are a small
Market these days with the price of fuel probably. Some top end stuff seems to be holding strong but so much is unsold and I think dealers will need to be competitive on price to sell especially with the price of fuel it must be having an effect on prices of used cars.
 

drellis

Member
Messages
795
I almost had to give my cayenne turbo away a few months back, it was a 2005 , but averaged 14.9, and that's only driving hard 10% tops, rest sedate.
Cost of fuel and running costs on something nor desirable
 

rockits

Member
Messages
9,167
There seems to be a constant flow of pre-2015 non-ULEZ diesels hitting the market as well. Not much appetite I expect for these although of course all stuff will sell at a certain price.

I could re-buy the wife's Discovery Sport if we wanted that we sold 6 months ago for circa £5k less now.
 

rockits

Member
Messages
9,167
I almost had to give my cayenne turbo away a few months back, it was a 2005 , but averaged 14.9, and that's only driving hard 10% tops, rest sedate.
Cost of fuel and running costs on something nor desirable
Shame I didn't know that as might have found it hard to ignore as just bought a V6 Cayenne.
 

drellis

Member
Messages
795
Shame I didn't know that as might have found it hard to ignore as just bought a V6 Cayenne.
You wouldn't want it
I sold it we buy any car as didn't want any comeback, it had electrical problems since a sunroof leak that mobile electrician not get to bottom of and local specialist porsche specialist had seen a few times on cayenne and basically said we might charge you rhe value of the car by the end. The cayenne 955 version has much if its wiring loom joined , not by solder but by twisting rhe wires together then cover in tape. Once moisture gets in he said case of unwrapping loom then individual wraps an rejoin wires.
The only day to day problem was it would light up its passenger headlight and say boot was open randomly. The headlight had potential to flatten battery .
 

rockits

Member
Messages
9,167
You wouldn't want it
I sold it we buy any car as didn't want any comeback, it had electrical problems since a sunroof leak that mobile electrician not get to bottom of and local specialist porsche specialist had seen a few times on cayenne and basically said we might charge you rhe value of the car by the end. The cayenne 955 version has much if its wiring loom joined , not by solder but by twisting rhe wires together then cover in tape. Once moisture gets in he said case of unwrapping loom then individual wraps an rejoin wires.
The only day to day problem was it would light up its passenger headlight and say boot was open randomly. The headlight had potential to flatten battery .
Crikey, sounds painful. I did go for a base V6 with no air suspension and no frills on purpose to keep it simple. Sounds like a good idea. Won't have it long but just something to get me around for work for a while I work out what I buy next.

I replaced the rear tailgate struts and everything else seems good at the moment. Amazed at how well they handle.

Sold my 3yo Outlander PHEV Commercial I had for work as felt prices had peaked so made sense to sell up.
 

Andyk

Member
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61,038
Crikey, sounds painful. I did go for a base V6 with no air suspension and no frills on purpose to keep it simple. Sounds like a good idea. Won't have it long but just something to get me around for work for a while I work out what I buy next.

I replaced the rear tailgate struts and everything else seems good at the moment. Amazed at how well they handle.

Sold my 3yo Outlander PHEV Commercial I had for work as felt prices had peaked so made sense to sell up.

The V6 was more reliable wasn’t it than the early V8’s. Liz has been looking at the early cars as they are pretty cheap but told he no on that one due to the same sort of experience lots have has as above.
 

Ewan

Member
Messages
6,757
On the early Cayenne, take a V6 over the V8. It’s more reliable, cheaper, and still has plenty of performance for the type of daily chores/driving it’s designed for. Ours was excellent (though that was quite a few years ago now).
 

rockits

Member
Messages
9,167
I've had no issues so far other than change the tailgate struts but I knew that was an issue when I bought it and it seems common that the originals need replacing at this kind of age.

I'd concur with Ewan on the BY and was my conclusions drawn after my many hours of research.

A smidge less powered than I'm used to but still plenty enough in the real world. It's a big old lump but drives so well. I'd looked at an L322 RR SC prior and drove a couple but even the 4.2 SC felt like it was a ton heavier than even the Cayenne V6.
 

rockits

Member
Messages
9,167
BTW I bought the replacement Stabilus struts from a parts place in Germany as it was less than half the price compared to buying from a UK dealer. Same part number. Can't see the point in paying more than you need to for the same thing.

I think they were about £50 each for the two compared to about £120 each. Pretty easy to fit and about 30 mins per side.
 

Tallman

Member
Messages
1,833
I used to have a v8 110, Bob. Torquey as ****, slow as a dead sloth, thirsty as Oliver Read and sounded great. Loved it. Un-bloody-stoppable. Must dig out some old photos of it in impossible places, one day.
Yes let’s have a Defender (old style) thread! Another one of those impossible vehicles that you either love or hate, often simultaneously. I bought a LHD one from Mozambique a long time ago and drove it from JHB to Eritrea and back to Kenya without too much trouble (but not without trouble of course). And slow! Although I once got clocked at 100mph by a Tanzanian traffic cop who had just been given his first radar gun. The puzzlement on his face when I showed him my speedometer only went to 85…priceless
 
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Messages
320
BTW I bought the replacement Stabilus struts from a parts place in Germany as it was less than half the price compared to buying from a UK dealer. Same part number. Can't see the point in paying more than you need to for the same thing.

I think they were about £50 each for the two compared to about £120 each. Pretty easy to fit and about 30 mins per side.
do they do parts for the 2014 cayenne aswell?
 

Andyk

Member
Messages
61,038
This 4.7 Aston Martin Vantage hit Autotrader last night and caught my eye because of the price. Most 4.7’s are 40k plus with the odd one a few K lower. This private sale car has 74k on the clock and what looks like a decent history being serviced at miles rather then yearly though. Even with those miles, an early 2008 4.7 and with an inspection 29k for a manual 4.7 seems a steal and I think others thought so two as sold within half a day.