Where are all the cheap COVID cars?

[anobserver]

Originally Posted by Rallye Sport

Those of us in the position to buy need to do it respectfully though, imagine being in that position yourself only to have the bargain hunters come out to further knock you down and rub salt into the wounds.

Couldnt agree more, its something I'm very mindful of. A close mate has lost his job and may lose his house. We went out for a drive yesterday, take his mind off his woes. Terrible times.

[Bossxr8]

Originally Posted by Officemanager

Tell that to someone who is in the hospitality industry laid off, not everyone is lucky.

Or tourism. It's those 2 industries that are copping it the worst.

[kaniSS]

Originally Posted by kypez

The high end cars are coming down. One that I had my eyes on dropped $40k in the last couple of weeks.

As b0son said, give it more time and if things don't recover, it's going to look quite messy.

I agree. Been watching one as well. Dropped 15k recently. Another 10k and boom I will pounce.

[bangm001]

Can i ask what cars are dropping 25 to 40K?

[GT0132]

I think you'll find a lot of the dosh used to purchase old classic cars has come from boomer inheritances and because many of those would now be in their 50's and 60's they're probably nearing retirement and woudn't be as affected by the economic situation or the need for job keeper like 20 or 30 somethings in the hospitality industry who aren't in your typical classic car buying demographic.

[Franco Cozzo]

Originally Posted by Sprintey

Did that VS Statesman happen to have L67 3.8 supercharged six by any chance?

If successful you can do the swap over at the border, like North Korea and South Korea do.

Standard Ecotec 3.8L - one owner since new 80,000km on the clock owned by an elderly lady.

But still on the hunt for a super 6 if ones cheap enough to add to my ****box fleet

[kaniSS]

Originally Posted by bangm001

Can i ask what cars are dropping 25 to 40K?

Well I've been watching a Black C63 since January. He keeps dropping the price every month. Dropped 15k since Jan. Hopefully he goes down another 10k so I don't have to wait or save up any longer.

[kaniSS]

I don't want to sound insensitive here but there should be some cheap cars come September when the Jobkeeper payments end.

[Ben73]

I've been looking for a cheap BMW 8 Series and right now there is less than normal for sale on Carsales. Currently 4 on there when usually there is 6-8 at any given time.

2 of the current 4 have probably be for sale for about a year. Makes me wonder what's wrong with them apart from the tacky wheels and wrap job.

[anobserver]

Originally Posted by kaniSS

I don't want to sound insensitive here but there should be some cheap cars come September when the Jobkeeper payments end.

Its not insensitivise. It just needs the buyer to be respectful, not falsely raise sellers hopes, and so on.

Eg the car i looked at on Saturday clearly wasnt what i wanted, so there was no need to take it for a test fang. Politely thank the seller and be off.

The other element i am aware of is extreme caution. Id hate to rush the process to snag a 'bargain', end up with something not quite right, or worse stilll... be the next seller.

[jstanovic]

I’ve started to see a few cars where the ad says “sale due to covid” but the prices are a bit optimistic. Obviously selling your pride and joy is heartbreaking but as mentioned before everyone is in the same boat, they can only try.

[ebv8]

i have noticed project cars have gone up, nostalgic cars that need work
my 3 local supercheaps are running out of paint from all the DIYer fixing up heaps of crap in the backyard (exactly what i'm doing)
i have a sold 2 hours a day at home without kids i can work on my cars/bikes and i love it
when i go back to work i won't have the time to do anything like that and weekends will be back to sport and keeping the kid entertained