I agree if you are buying another used, but if you are buying new and the price is the same as it was 6 months back it does make sense.
Yeah, true. But I'm guessing there are very few discounts off list price in this climate also, especially for a sought after models. And who pays full list on any new car as a private buy...
I recently did a quote for a new Audi via coast2coast, for the first time ever my local dealership came up and with a decent chunk off! They never used to use places like that, even when I bought the A5 I had to push them hard to match a Carwow price that I'd been given.
I recently did a quote for a new Audi via coast2coast, for the first time ever my local dealership came up and with a decent chunk off! They never used to use places like that, even when I bought the A5 I had to push them hard to match a Carwow price that I'd been given.
I can't justify £35k+ on a new car anymore, top of my list at the moment is the GR86 for around £30k...10 year warranty as long as the main dealership does the service on it! Service prices have not changed since introducing that either! My next car will be a long term keeper car.
I've just looked at the MOT history of my March 2015 S3, it's on 42,559 miles. On AC sell your car = Success! We'll now offer you £15,345 when you think I paid just over £28k brand new after discount for that manual 3 door S3! So if I had kept it all the way through, it would 75 months old now, £28,000 - £15,345 = £12,655 / 75 = £168 month.....From what I sold it for in Oct 2017 up to now it's only dropped by £117 per month.
No, and that's my point! What else looks like that for the money??? Granted the interior isn't going to be Audi quality, but it's 30k and we all know Toyota are bomb proof!
To know what will happen in 5/6months time is impossible. You would think that it can't get much better than it currently is to sell on... If you can live without that Focus for the next 5months, I would be looking to move it on now I guess and pocket the profit...
.
) was around £12k mark when he ordered his Mini in Feb/Mar. Mini offered him a guaranteed £12.5k for it. He was well chuffed as had paid £18k a couple years ago cash when he bought it used.
it's a tough one mate, changes daily at the moment!
WBAC have offered me £26585 for my 2019 S3 19.7k on the clock guessing I could do better at a performance garage .
If it’s goes up anymore I might consider it. It’s just what to get next. No one has stock of anything I fancy. I quite like the m135 with pro and comfort pack and they are like gold dust at the moment. Even one with one of the packs is difficult to find and there’s no deals other than lower bmw interest rates compared to Audi.
Yeh that's my problem what to get next I've considered keeping it long term but with the prices high I would consider a good offer from a dealer
My March 2020 m135i has gone up over 2.5k recently!
I've only done 4600 miles since March last year. If the office stays shut I may sell the M135i and just get a run around for a few grand.A new one? Changing our Mar 2020 Cooper S for a JCW, and getting our £7k deposit back to use again along with another £2k
Potentially but used car prices can’t stay this high forever, eventually things like the chip shortage will be resolved and production will go back to normal. Not to mention as everyone’s lives get back to normal after COVID (hopefully) will mean people start to spend money on other things besides cars, holidays, houses and days out etc.The irony of selling now and wanting to buy back in 6 months later is that... demand will be propped up 6 months later and so prices won't come down after all.
Yeah I think I’m going to contact a few sports car dealers and see what sort of price I’d likely achieve. Any more than 30k is a bonus.
Neither mass-market cars nor cash ISAs are a serious investment... but at least you will get your money back with a cash ISA, which explains the low rate of return. There are many options for the more adventurous or longer-term investor, almost all of which will get you a higher return than even this (arguably one-off) increase in used car prices.
