RustyNuts Posted April 27, 2021 Share Posted April 27, 2021 The ex let me have her micra for scrap value. I've done whats needed to it and got a new MOT on it. Advertised for £850 on facebook marketplace knowing full well i'll get beaten down on the price and figured if i can get £650 i'd be happy. So far just 3 enquiries, one said he'd take it and never showed. Then i realised.. with the lack of newly qualified drivers these days there's probably a surplus. My old (and completely shot) Honda CRV shifted in 18 hours - for double what i thought i'd get but that was in October last year. Link to comment Share on other sites More sharing options...
Ghosty Posted April 27, 2021 Share Posted April 27, 2021 Not just small cars. I'm having trouble shifting my V50. Link to comment Share on other sites More sharing options...
Mrcento Posted April 27, 2021 Share Posted April 27, 2021 Said it in another threat (I think it was Ghosty's in fact), but i've noticed that things right now, especially in the cheaper end of the market, are hanging around a lot longer than they were 5-6 months back. Back then, things were consistently selling mega quick (Within a couple of hours pretty often near me, even within minutes on occasion) even when it was wildly overpriced. Seemingly because of all the Covid restrictions etc, people were willing to pay a premium to get things local and supply was outstripping demand. It's only since restrictions started easing that it's changed. Now cars, of all sorts, even ones that are very well priced, aren't selling like they were. They're still up weeks later. My only guess is that people, now they are willing to travel have ample choice to go and look at ones 150+ miles away because they are £200 cheaper, even though they're £500 worse. There's also probably a factor of more shops, hospitality etc being open again so folk suddenly have other things to spend money on. BeEP 1 Link to comment Share on other sites More sharing options...
Timewaster Posted April 27, 2021 Share Posted April 27, 2021 That is probably true about the new drivers. I think driving is going out of fashion a bit for today's youth anyway. Lessons and insurance are so costly. Plus there are so many new car for £99 a month deals about, witling parents dont want their precious driving around in any old rubbish. No offence to the micra. Barry Cade and RustyNuts 2 Link to comment Share on other sites More sharing options...
omegod Posted April 27, 2021 Share Posted April 27, 2021 I had to wait a while to shift a lovely Honda Jazz auto and they usually go like hotcakes Link to comment Share on other sites More sharing options...
New POD Posted April 27, 2021 Share Posted April 27, 2021 Those people with jobs, can spend £114 a month. Call that £4 A day. Same price as a meal deal at lunch time. Why would you piss around hoping your end of life Micra would last 7 months (The break even point) when you can have a new car with a warranty. ? Those people without jobs, can't afford the tax, the insurance or the petrol. Timewaster, Spurious, Bren and 1 other 4 Link to comment Share on other sites More sharing options...
Timewaster Posted April 27, 2021 Share Posted April 27, 2021 Not really topic related, but I heard an interview recently with Len Goodman ("Seven!!) who's family had several green grocery shops all over London. He was the only child and when he was 18 and wanted to learn to drive his mother bought him a car. A brand new S type Jag. Which he pranged in a car park, damaging the wing. On hearing this, his mother promptly........ Bought him another new one!!! How the other half live eh? RustyNuts and timolloyd 2 Link to comment Share on other sites More sharing options...
Bren Posted April 27, 2021 Share Posted April 27, 2021 I think as things get back to normal the demand for cheap cars will fall away. Prices are'nt helping - who would pay near £2k for a 14 year old mondeo or vectra when you can have something new for £99 a month? SiC 1 Link to comment Share on other sites More sharing options...
Dobloseven Posted April 27, 2021 Share Posted April 27, 2021 Early January we put a 54reg 1.2 3 door 100k mile Micra on Facebook Market place for £650 at 10pm on a Saturday night. Got interested messages almost immediately and sold it by 11 am next day for the £600 we actually wanted. Was a nice little motor though, with over 12 months Mot, certainly compared to some on Ebay and AT. Buyers PT Cruiser had expired and he needed a cheap car to get to work ASAP. He was about 60 and paid straight away and collected it later in the day. I was getting messages and calls while he was giving it the once over, which helped things along. I'd also taken some flattering photos and bought it a set of cheap wheel trims and some Aldi rubber mats he seemed impressed with. Link to comment Share on other sites More sharing options...
Spurious Posted April 27, 2021 Share Posted April 27, 2021 1 hour ago, New POD said: Those people with jobs, can spend £114 a month. Call that £4 A day. Same price as a meal deal at lunch time. Why would you piss around hoping your end of life Micra would last 7 months (The break even point) when you can have a new car with a warranty. ? Those people without jobs, can't afford the tax, the insurance or the petrol. The work car park is an interesting place. There's a lot of truth in what you said. Even my Paramedic student with a part time job is driving a 20 plate Ka on PCP. Fucks sake I was driving a £400 Starlet at 21 years old. There's 3 of us who appreciate cars. I've the old Audi and the newer Primera and they've a mix of Celicas and a very nice classic M3. There's one or two Defenders in various stages of rot falling off them. The rest of them aren't car people. Some want some bling and have a new leased Merc/BMW/Audi or some other naff looking £300pm car. The rest just want "an car" and there's loads of new small cars what are going on a PCP deal. Link to comment Share on other sites More sharing options...
willswitchengage Posted April 27, 2021 Share Posted April 27, 2021 1 hour ago, Timewaster said: I think driving is going out of fashion a bit for today's youth anyway. For yoofs, probably true. For young couples, the opposite. Every single new build estate is focussed around car ownership - in a non-walkable location, not connected to public transport yet easily linked to major road networks (and marketed as such). Tiny gardens yet ample parking for the two-SUV household. Mortgage incentives to buy a new build as opposed to a traditional location and record low fuel prices as a proportion of incomes. Record low interest rate means the economy is awash with credit to fund bargain new car deals. This sort of means that depreciation is huge from the showroom, but as families are asset-light these days, it doesn't really matter. On the plus side the market for the topic of this messageboard is pretty strong however as more people look for something less bland. cort1977, Landy Mann, R1152 and 2 others 5 Link to comment Share on other sites More sharing options...
Split_Pin Posted April 27, 2021 Share Posted April 27, 2021 Shifted my Corsa B in 3 days, took 50 quid less than the asking price of £850 and generally had no bother. mk2_craig 1 Link to comment Share on other sites More sharing options...
cort1977 Posted April 27, 2021 Share Posted April 27, 2021 1 hour ago, willswitchengage said: For yoofs, probably true. For young couples, the opposite. Every single new build estate is focussed around car ownership - in a non-walkable location, not connected to public transport yet easily linked to major road networks (and marketed as such). Tiny gardens yet ample parking for the two-SUV household. This is all very true and makes the government's efforts to reduce carbon emissions look like the token they are. The real priorities are apparent in the support for house prices and house builders because that's where the votes are. Fuel duty has been frozen for years because it's a vote killer on these estates. As mentioned, I read recently that it is true that teenagers aren't interested in driving but once they reach their early twenties it becomes a necessity and driving rates are about the same as they have ever been. BeEP 1 Link to comment Share on other sites More sharing options...
bogeyhead Posted April 27, 2021 Share Posted April 27, 2021 It may well depend upon how old the car is and where it is being sold. The new ULEZ zone in London is being introduced in October this year extending the zone out to the north and south circular roads and a number of other UK cities also have plans to introduce ULEZ zones. This means that many petrol cars registered before 2006 and diesel cars registered before 2016 will have to pay a daily charge of £12.50 or £15 every time they drive within the ULEZ zone. Who want? to pay £15 a day just to set off in a car? Link to comment Share on other sites More sharing options...
Alusilber Posted April 27, 2021 Share Posted April 27, 2021 If everybody and their dog are PCPing/leasing brand new cars, makes you wonder where they're going after their first "owner" is finished with them after 2/3/4 years? RustyNuts 1 Link to comment Share on other sites More sharing options...
Sham Posted April 27, 2021 Share Posted April 27, 2021 They're being sent abroad to be replaced with new cars. Environmentally friendly, innit? Short term thinking. I hate it. Link to comment Share on other sites More sharing options...
barefoot Posted April 28, 2021 Share Posted April 28, 2021 8 hours ago, Sham said: They're being sent abroad to be replaced with new cars. Is this true? SiC 1 Link to comment Share on other sites More sharing options...
Kiltox Posted April 28, 2021 Share Posted April 28, 2021 11 hours ago, willswitchengage said: ample parking for the two-SUV household. Have you seen a new build estate recently? Ample is not how I would describe parking. There’s not ample parking for the two Fiat Panda household, never mind a couple of SUVs. ProgRocker, Barry Cade, wuvvum and 1 other 4 Link to comment Share on other sites More sharing options...
sutty2006 Posted April 28, 2021 Share Posted April 28, 2021 And the garages are even smaller! Barry Cade, Kiltox and chadders 3 Link to comment Share on other sites More sharing options...
BeEP Posted April 28, 2021 Share Posted April 28, 2021 15 hours ago, Mrcento said: There's also probably a factor of more shops, hospitality etc being open again so folk suddenly have other things to spend money on. ^^the PCP scenario hasn't changed in the last few weeks but the above has^^ Timewaster 1 Link to comment Share on other sites More sharing options...
C1am Posted April 28, 2021 Share Posted April 28, 2021 Several reasons - as @Timewaster says, PCP deals are so cheap, that for many it's understandably the most stress free ownership model. From my personal experience, fewer young people have any interest or inclination in learning how to maintain cars, and manufacturers have huge marketing budgets to tempt people with the latest new shiny piece of metal. Many also rely on a car - conversely a broken one is actually a luxury that many can't afford. Link to comment Share on other sites More sharing options...
warch Posted April 28, 2021 Share Posted April 28, 2021 Car ownership in the UK especially is bound up in the idea that a car is a status indicator, so an old cheap car means that you aren't doing very well for yourself and a new or expensive car means that you are. Our model year based registration plates tend to emphasise this, you'll occasionally meet people who simply couldn't bear to have a 17plate on the driveway. You get this concept that cars need to be kept for no longer than three years then part exchanged for a new one. You also get this preoccupation with owning a car in mint condition, so people will often not consider a car if it has panel damage (however minor) or signs of corrosion. Older small cars tended to be quite spartan, which modern car buyers often don't like, people have to have touch screen audio, air con, leccy windows even, so it reduces your potential market still further. Barry Cade and ETCHY 2 Link to comment Share on other sites More sharing options...
C1am Posted April 28, 2021 Share Posted April 28, 2021 7 minutes ago, warch said: You also get this preoccupation with owning a car in mint condition True. Having just sold a car, the buyer didn't even look at receipts for all the work I'd done, but was more concerned with the minor dents and scrapes. The car that replaced it is a lot worse cosmetically. Link to comment Share on other sites More sharing options...
Dick Longbridge Posted April 28, 2021 Share Posted April 28, 2021 20 minutes ago, warch said: Car ownership in the UK especially is bound up in the idea that a car is a status indicator, so an old cheap car means that you aren't doing very well for yourself and a new or expensive car means that you are. Our model year based registration plates tend to emphasise this, you'll occasionally meet people who simply couldn't bear to have a 17plate on the driveway. You get this concept that cars need to be kept for no longer than three years then part exchanged for a new one. You also get this preoccupation with owning a car in mint condition, so people will often not consider a car if it has panel damage (however minor) or signs of corrosion. Older small cars tended to be quite spartan, which modern car buyers often don't like, people have to have touch screen audio, air con, leccy windows even, so it reduces your potential market still further. Things certainly have changed since the 1970s. Galloping rot, roadside repairs, home brewed paintjobs and minimal equipment used to be wholly accepted. Several of the younger teachers where I worked run nearly new leased 3 pot Frenchies as 'it's cheaper and more reliable to do that'. Personally, I hate debt and like to avoid it at all costs. Apart from mortgage obviously. That's a lifetime noose. R1152, warch, mk2_craig and 3 others 6 Link to comment Share on other sites More sharing options...
New POD Posted April 28, 2021 Share Posted April 28, 2021 2 hours ago, sutty2006 said: And the garages are even smaller! https://maps.app.goo.gl/U23sAAoFcacngAjQ6 There's some new builds near me. They didn't bother to pretend to make them garages. Which is actually a more honest way of building. Craig the Princess 1 Link to comment Share on other sites More sharing options...
Sham Posted April 28, 2021 Share Posted April 28, 2021 3 hours ago, barefoot said: Is this true? Not as government policy or anything, but with so many PCP deals around and so many 3 year old cars for cheap in car supermarkets, the older ones do often get exported by Eastern European dealers and to Africa and the like... Which is what I was aiming at. Link to comment Share on other sites More sharing options...
sierraman Posted April 28, 2021 Share Posted April 28, 2021 17 hours ago, Bren said: I think as things get back to normal the demand for cheap cars will fall away. Prices are'nt helping - who would pay near £2k for a 14 year old mondeo or vectra when you can have something new for £99 a month? Not really, £99 a month gets you into some tin box, never mind about the couple of grand down payment. RustyNuts and barefoot 2 Link to comment Share on other sites More sharing options...
Bren Posted April 28, 2021 Share Posted April 28, 2021 1 minute ago, sierraman said: Not really, £99 a month gets you into some tin box, never mind about the couple of grand down payment. Aye but it's much less risk thsn spending £1 k plus on something that may shit self and leaving you with £175 off the dog man. Craig the Princess and R1152 2 Link to comment Share on other sites More sharing options...
sierraman Posted April 28, 2021 Share Posted April 28, 2021 2 hours ago, Dick Longbridge said: Things certainly have changed since the 1970s. Galloping rot, roadside repairs, home brewed paintjobs and minimal equipment used to be wholly accepted. Several of the younger teachers where I worked run nearly new leased 3 pot Frenchies as 'it's cheaper and more reliable to do that'. Personally, I hate debt and like to avoid it at all costs. Apart from mortgage obviously. That's a lifetime noose. But years ago people weren’t seriously in the shit with the credit cards living in a house they fundamentally couldn’t afford, whose idea of a night out is chalking a line out at home off an Ikea coffee table. Link to comment Share on other sites More sharing options...
sierraman Posted April 28, 2021 Share Posted April 28, 2021 Just now, Bren said: Aye but it's much less risk thsn spending £1 k plus on something that may shit self and leaving you with £175 off the dog man. Not if you lose your job it isn’t. Which let’s be frank at the moment for a lot of people is a real possibility. Link to comment Share on other sites More sharing options...
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