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12-08-2020, 09:45 AM | #31 | |||
FF.Com.Au Hardcore
Join Date: Aug 2005
Location: Melb.
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12-08-2020, 09:48 AM | #32 | ||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,591
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SP - I believe I have seen a rise in toys for sale over the past 2 weeks with the FB pages I have. Same with Justcars.com.au
So for me a few things; 1) People are trying to jump on the gravy train while they a cashed up with super 2) People are stuck and need to sell 3) People see whats coming and are trying to get a decent price now We were keen on buying shares when all this went down but I am hanging off another a few months for the same reason. Poo is going to hit the fan. But I am not a financial expert, just watch car sales sites too much.
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12-08-2020, 09:57 AM | #34 | |||
FF.Com.Au Hardcore
Join Date: Nov 2009
Location: Sydney
Posts: 1,128
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Quote:
I offer $0.50c
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12-08-2020, 09:57 AM | #35 | ||
FF.Com.Au Hardcore
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12-08-2020, 09:59 AM | #36 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 22,928
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Quote:
Don't like what we have to say? People aren't desperate yet the Government made sure of that with things like Jobkeeper and Jobseeker.
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12-08-2020, 10:00 AM | #37 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 22,928
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Quote:
Ive been mainly watching carsales, things like FPV and FGX XR8.... There was around 40 FGX XR8 on carsales prior to covid19, now there's 21. Not sure if the markets just drying up (Cars have found their forever homes) or what. Maybe I'm just a bit sad
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12-08-2020, 10:01 AM | #38 | ||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,591
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HAHAHA I agree, or some root cause analysis shows those who pipe up are in sales.
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12-08-2020, 10:04 AM | #39 | |||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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Splashing cash around at the moment is crazy unless you’re swimming in it. With some form of COVID restrictions forecasted well into 2021 and revised economic forecast for most of the country that looks like $7!T I’m not sure that investing in collectable cars is the wisest choice. People can advertise high prices but I wonder how many will Legit exchange hands at the price advertised. In Victoria at least there is word that some manufacturers are diverting their fleets to other states as Vic has slowed down completely. Most people hanging onto their cars now and not upgrading as cash flow slows down completely.
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12-08-2020, 10:10 AM | #40 | ||
Donating Member
Join Date: Jun 2007
Location: Checking out soft furnishings....
Posts: 8,861
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Depends how you play it really, when selling my FG XR6T. It was immaculate with low kms, I had 20k on it, most were priced around 16-18k. Every day I had offers of 12-15k, to which i replied to come and look at it and then i'll talk $, none of those people actually came to look. First person to call me and then look at it bought it for asking price.
Then you look at when i bought that car, it was fully optioned and a year old with 30,000km on it. It was put up for 31k that morning, similar were selling for around 32-35k with no options. I went and looked at it, had a really good chat to the owner as he was a nice bloke. He said I could have it for the payout figure of 26500 for the loan he had on it as he wanted a quick sale to buy a car that weekend and the dealer only offered him 23k and he needed enough to pay out the loan. Our Outlander we have now was advertised for 18k at the time, was priced about right at that amount. Went and looked at it, exactly the same as the XR6T, they just wanted to pay out their loan as dealer offered bugger all. I got it for $10500 and even 5 years on it's still insured for $14,000. It all depends on circumstance. I've found if you actually go and see the car in person and be nice you can get a feel of how negotiable they are, by calling the owner first you can also get a feel for what type of person they are. I've not bought heaps of cars simply because of the way the owners talked on the phone. I'm also very patient, i'm happy to look for as long as it takes to find a good deal. Generally low balling wont work if you simply "low ball", negotiating works far more often. EDIT, this xxxxx cash today crap, how else are you going to pay for it? Get the same with parts and it drives me crazy, "ï'll give you $1000 cash right now". I've only been offered crack as payment once, and that was for an AU part. Of course you are paying with cash, you are not going to pay with a gold bar.
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Proud owner of the ugliest Ford ever made Last edited by fordomatic; 12-08-2020 at 10:24 AM. |
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12-08-2020, 10:20 AM | #41 | |||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,591
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Quote:
Nah easier to throw cash and hope for the best.
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12-08-2020, 10:31 AM | #42 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
Posts: 1,094
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This is the first time a lot people have been in a recession, unemployment is 10% or higher and government subsidies only get you so far.
Do you really think used car prices will hold up? |
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12-08-2020, 10:45 AM | #43 | ||
Donating Member
Join Date: Jun 2007
Location: Checking out soft furnishings....
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Mate, have a look at the market, used car prices have gone up, not down. Especially in the performance car world.
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Proud owner of the ugliest Ford ever made |
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12-08-2020, 10:54 AM | #44 | ||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,591
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For now, alot of people are about to be burnt unless Gov dishes out cash until a vaccine comes. If thats the case then all bets are off, this country has no investment risk.
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12-08-2020, 10:56 AM | #45 | ||
FF.Com.Au Hardcore
Join Date: Nov 2009
Location: Sydney
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With people getting away from public transport, used car sales have gone up.
If things get worse economically, people will still need cars. Whether this means we will see people getting out of newer cars into older cars, who knows.
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12-08-2020, 11:01 AM | #46 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
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I'd rather have someone be honest and say they want to buy the car and here is their best offer, rather than test drive it, ask a hundred inane questions and then never hear back from them.
The car I'm looking at is in no way collectable or performance based, so I'm not dealing with, or competing against, bogans with misplaced views on what is an investment and what is an appliance. |
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12-08-2020, 11:02 AM | #47 | |||
Donating Member
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Quote:
I'm keen for some bargains though
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Proud owner of the ugliest Ford ever made Last edited by fordomatic; 12-08-2020 at 11:09 AM. |
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12-08-2020, 11:18 AM | #48 | ||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Once jobkeeper winds up the market will crash for sure. Good time to sell atm, but it won't last long.
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12-08-2020, 11:33 AM | #49 | ||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,591
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Same. I like the save function on carsales..LOL
Ive been tempted to advertise the ZF at a silly price to see who would bite, but alas I CBF and dont want to add to the nonsense.
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12-08-2020, 11:47 AM | #50 | |||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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If you still owe a lot of money by the time you need to draw down then you’re really farked... As it stands right now any cash flow needs to be diverted urgently to debt minimisation and not on discretionary spending. GovCo will bail out of payments in March next year with no clear line of sight to what a recovery will look like as the situation is too fluid and at risk of spot restrictions every couple of months.
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12-08-2020, 12:00 PM | #51 | ||
AKA "the other bloke"
Join Date: Jan 2008
Posts: 1,980
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When i brought my G6ET from the dealer they had it up for $45000 drive away.. i liked it .but was not in love with it so i was one of those low ball offerers and threw my hat in the ring at $35000 drive away...
It was 8 months old and had 6000ks on it. I got laughed out of the dealership 2 weeks later.. when the keys were in my hand and i was leaving with the car mats and spare badges at $35000 i was the one laughing. Point is.. does not hurt to ask.. we all have our own budgets and prices .. occasionally you win and loose but as its been said, its more about how you do it.
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12-08-2020, 12:20 PM | #52 | ||
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Proud owner of the ugliest Ford ever made Last edited by fordomatic; 12-08-2020 at 12:48 PM. |
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12-08-2020, 01:56 PM | #53 | ||
BLUE OVAL INC.
Join Date: Feb 2006
Posts: 8,768
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I enquired about an 04 Prado Grande on Saturday id found on Gumtree, they were asking $11.9k, it was a fair drive so i was upfront about what i had to spend so as not to wasye anyones time, told them i had 9.5k, would drop a deposit of 1k and pick it up with balance paid on Monday, they accepted before disclosing paint damage on drivers side so i respectfully declined and thanked them for their honesty.
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12-08-2020, 03:13 PM | #54 | |||
NOT A TOYOTA :/
Join Date: Jan 2005
Location: Eastern Suburbs, Melb
Posts: 2,554
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Quote:
Fair enough. As someone who sells cars for a living the issue is (and this is why we get angry) if the conversation starts with "I'll give you $7k less than you're offering" generally makes the salesperson think you're a dick not worth pursuing. This is usually followed by "I'm a serious buyer" which after 15 years in the trade I urge you to believe me when I say that it always means they are not a serious buyer. As others have said if someone genuinely wanted to buy the car they'd put more effort in to it.
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06 Land Managed to remain in the v8 fraternity |
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12-08-2020, 03:25 PM | #55 | |||
FF.Com.Au Hardcore
Join Date: Aug 2009
Posts: 2,288
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Quote:
What particular vehicle is it you're interested in paying $23K for, that an existing owner thinks would be worth $30K? |
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12-08-2020, 03:56 PM | #56 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,815
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Always advertise it for a couple thousand higher than you want because it gives you 'negotiation' room. |
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12-08-2020, 03:56 PM | #57 | |||
FF.Com.Au Hardcore
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I really don't care what the seller thinks it's worth, I'm the buyer and it's my money and a car will only sell for what a buyer is prepared to pay. |
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12-08-2020, 07:06 PM | #58 | |||
FF.Com.Au Hardcore
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12-08-2020, 07:13 PM | #59 | |||
FF.Com.Au Hardcore
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12-08-2020, 07:45 PM | #60 | ||
FF.Com.Au Hardcore
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A lot of people have a weird trait where they always over value what they have to sell and under value what they want to buy.
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