Used car prices

[hayseed]

https://www.facebook.com/SpackmanMot...22505191259805

[Spammy]

Originally Posted by Spammy

With new car sales down the proverbial and Covid here for a lot longer that we imagined, what does everyone think about used car prices?

I'm in the market for a used car in the low 20s - my aim is to find a sellers looking for $30k and offer them $23k cash today, take it or leave it.

Forgot to update everyone on what I bought. I found an immaculate lexus is250, guy wanted high 20s for it, got it for $24k. It's like a new car, not a single scratch, full service history etc etc.

[fiestaz]

Originally Posted by Spammy

Forgot to update everyone on what I bought. I found an immaculate lexus is250, guy wanted high 20s for it, got it for $24k. It's like a new car, not a single scratch, full service history etc etc.

Nice work. What was the actual list price?

[roKWiz]

Originally Posted by hayseed

I reckon Rockwiz has snavelled that Panno Up...!!

Nah not for me, ECM controlled.

[Citroënbender]

Prices continue to soften. Territories are returning to prices on par with last Autumn.

[fordomatic]

Originally Posted by Citroënbender

Prices continue to soften. Territories are returning to prices on par with last Autumn.

Perfect timing too, I’m looking for a clean SYii

[5.8]

Originally Posted by Sprintey

Also, the greatest survivor XH pannelly in the country:

https://www.carsales.com.au/cars/det...-7122739/?Cr=0

(what an options combo! If only you could factory spec new something like this today...)

Sold!

I only just saw this, what money was on it?

Disregard, I just read further through the thread.

[prydey]

Originally Posted by Citroënbender

Prices continue to soften. Territories are returning to prices on par with last Autumn.

The higher demand categories are still high, esp where availability of new replacement options is scarce.

[martyk54]

Dealers are the ones doing their best to inflate the market with ridiculous prices. The privates all see it and catch on.

Despite higher prices, with the exception of the odd bunny, no one would be getting what they're asking.

[prydey]

Originally Posted by martyk54

Dealers are the ones doing their best to inflate the market with ridiculous prices. The privates all see it and catch on.

Despite higher prices, with the exception of the odd bunny, no one would be getting what they're asking.

Supply v demand. It's a living beast and no one controls it.

[roKWiz]

Originally Posted by martyk54

Dealers are the ones doing their best to inflate the market with ridiculous prices. The privates all see it and catch on.

Despite higher prices, with the exception of the odd bunny, no one would be getting what they're asking.

Yeah, I would like to see what they are actually selling for privately to compared to the asking price. People are asking stupid money for old trucks at the moment.

[98TLS]

Originally Posted by martyk54

Dealers are the ones doing their best to inflate the market with ridiculous prices. The privates all see it and catch on.

Despite higher prices, with the exception of the odd bunny, no one would be getting what they're asking.

Dealers have been doing that since time began,they dont need to get what there asking it just means they have room to give Jo public closer to the inflated price they think there trades worth and still come out ok.

[DJM83]

Originally Posted by martyk54

Dealers are the ones doing their best to inflate the market with ridiculous prices. The privates all see it and catch on.

Despite higher prices, with the exception of the odd bunny, no one would be getting what they're asking.

I reckon there's more sold than you think

[Franco Cozzo]

Originally Posted by 98TLS

Dealers have been doing that since time began,they dont need to get what there asking it just means they have room to give Jo public closer to the inflated price they think there trades worth and still come out ok.

Oldest trick in the book, list high 'negotiate' down.

RRP + 20%, offer 10% 'discount'

[martyk54]

Originally Posted by prydey

Supply v demand. It's a living beast and no one controls it.

Simply not the case.

To give you an example, Dutton's are known to buy up groups of rare cars, then drip feed them out at inflated prices.

HSV has gone nuts, FPV / Ford hasn't.

[hayseed]

WTF is this Bloke Smoking....

https://www.carsales.com.au/cars/det...gType=showcase

[prydey]

Originally Posted by hayseed

WTF is this Bloke Smoking....

https://www.carsales.com.au/cars/det...gType=showcase

Given what a stock one sells for, it's not an outrageous price. Sure it's up there but the work looks professional.

Begs the question, why go to all that expense and then sell it? Surely you'd realise you weren't going to use it much before you tipped the best part of $200k into it!

[Sprintey]

Originally Posted by Citroënbender

Prices continue to soften. Territories are returning to prices on par with last Autumn.

Originally Posted by fordomatic

Perfect timing too, I’m looking for a clean SYii

Yep Fordomatic, you're looking in the sweet spot. A lot of car for not much coin - and damn reliable too, if you forgive the suspension occasionally.

[Giant Cranium]

Originally Posted by hayseed

WTF is this Bloke Smoking....

https://www.carsales.com.au/cars/det...gType=showcase

That probably cost 250 to build. Looks like he even fixed the rear track issue

[Franco Cozzo]

Tell ya what anything Falcon/Commodore ute with 8 cylinders or turbo 6 is drug money at the moment.

HSV - forget it!

[Polyal]

Im finding it has softened a little bit...just wait until all these owners start finding out how much HSV/FPV parts will cost to source...not because they are particularly good but because its getting harder to find good stuff.

Hopefully repro companies get on board and start getting into the 90's, 00's.

[Bossxr8]

Originally Posted by prydey

Given what a stock one sells for, it's not an outrageous price. Sure it's up there but the work looks professional.

Begs the question, why go to all that expense and then sell it? Surely you'd realise you weren't going to use it much before you tipped the best part of $200k into it!

Dude must be loaded, and not care about the $$$$

But yeah why would you go to all that effort, and then just not use it and sell it off.

[hayseed]

Originally Posted by Giant Cranium

That probably cost 250 to build. Looks like he even fixed the rear track issue

A GLX Dualcab is around the $100K mark.. I struggle to see another $150K worth of Bling..!!

But I have been known to be Wrong... Just ask My Wife..

[Giant Cranium]

Originally Posted by hayseed

A GLX Dualcab is around the $100K mark.. I struggle to see another $150K worth of Bling..!!

But I have been known to be Wrong... Just ask My Wife..

There is 50k in that tray set up. It has 8k worth of recaro seats in it. 20k diff. Bar work. 5k in lights. Racks. Might not hit 150 in accessories but isn’t far off

[nstg8a]

Spending that much money why wouldn’t you start with a Silverado or something?


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[hayseed]

Originally Posted by Bossxr8

Dude must be loaded, and not care about the $$$$

But yeah why would you go to all that effort, and then just not use it and sell it off.

Probably some Kid who got His ambitions, confused with His capabilities. & is struggling keep up the payments..

or has had that Lightbiulb Moment when he realises the Money would be better off in an Appreciating asset.. IE Block of ground or House..

[Giant Cranium]

Originally Posted by nstg8a

Spending that much money why wouldn’t you start with a Silverado or something?


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Too big for Australian tracks. Also would have no spare parts support if touring around Australia.

[Franco Cozzo]

I'm tempted to sell my Caprice given what's going on with values on local stuff with 8 cylinders and maybe get into JDM.

Post gearbox replacement of course it's worth scrap value at the moment with only two gears working

[Ford17]

Originally Posted by hayseed

WTF is this Bloke Smoking....

https://www.carsales.com.au/cars/det...gType=showcase

I wonder if someone could 3D print a similar ScanGauge pod that would fit a Falcon steering column - it looks quite neat.

[Mulva]

Originally Posted by Franco Cozzo

I'm tempted to sell my Caprice given what's going on with values on local stuff with 8 cylinders and maybe get into JDM.

Post gearbox replacement of course it's worth scrap value at the moment with only two gears working

Could always put it up for stupid money and see what happens. Not many on offer.