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Home > General > Values are plummeting |
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Dave Member Since: 04 Jul 2007 Location: Somewhere Near You Posts: 2666 |
Glad I bought mine with a GMFV then ______________________
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8th Aug 2008 4:30 pm |
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Frobius Member Since: 05 Aug 2008 Location: Lincolnshire Posts: 326 |
Gawd yeah me too. Didn't think it would ever need it but ouch! 09MY FL2 Td4 XS, Style Pack, Privacy Glass, Martinique Blue.. oh so very blue.. |
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8th Aug 2008 4:32 pm |
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avtur Member Since: 11 Nov 2006 Location: Stockport Posts: 1306 |
As I've said on another thread the re values going down. I'm tied into a 30 month contract on my car starting Jan 07, I've recently checked the same deal and found the price residual after 30 months is now £2500 lower than in Jan 07. Given that our beloved FL2 is NOT in the highest CO2 band and DOES return very good mpg I think this is somewhat unfair. In reality it is an over reaction to some of the media hype out there.
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8th Aug 2008 5:43 pm |
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Dave Member Since: 04 Jul 2007 Location: Somewhere Near You Posts: 2666 |
yep, they always say that bulls t baffles the brain, and the press have alot to answer for these days ______________________
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8th Aug 2008 6:01 pm |
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snappa Member Since: 16 Apr 2008 Location: Watching C-beams near the Tanhauser Gate Posts: 1633 |
So if the press said the sky was falling in you would believe it? |
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9th Aug 2008 12:16 am |
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chicken george Member Since: 05 Dec 2007 Location: N. Yorks Posts: 13291 |
what who where ? sky falling run for your lives.
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9th Aug 2008 12:24 am |
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Dave Member Since: 04 Jul 2007 Location: Somewhere Near You Posts: 2666 |
Don't believe anything that is written in the press............come to think of it I don't even read a news paper ______________________
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9th Aug 2008 5:43 pm |
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John L Member Since: 07 Jul 2007 Location: The Garden of England Posts: 182 |
I dont think it is just our FL2's that are suffering, I suspect with the credit crunch, the mortgage hassles and with everything costing what it does of late, many people just can't change their motors as much as they used to. I regularly drive past garages with a reasonable local reputation that used to have a steady turnover on the forecourt, now I just see the same motors sitting there for weeks if not months on end. Even small low insurance group cars don't seem to move as quick as they used to.
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9th Aug 2008 6:41 pm |
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Gambba Member Since: 07 Aug 2007 Location: Dubai Posts: 775 |
Agree with John, and suspect if someone was to look at residuals on many cars they would see that many of them are lower than they were over a year ago.
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10th Aug 2008 7:29 am |
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avtur Member Since: 11 Nov 2006 Location: Stockport Posts: 1306 |
Glasses guide published a report this last few days, they averaged out a 12% drop in all secondhand values between now and the end of the year. If 12% is the average then there's going be some a lot worse than 12%
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10th Aug 2008 8:19 am |
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chicken george Member Since: 05 Dec 2007 Location: N. Yorks Posts: 13291 |
ffiinng Brown fiddling while the UK burns At work
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10th Aug 2008 9:17 am |
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John L Member Since: 07 Jul 2007 Location: The Garden of England Posts: 182 |
As they are also responsible for this dithering about stamp duty issue, which has has brought what was left of a housing market to a grinding halt. We're in the process of selling a house, nearly got to the point of an offer this last few days, then guess what, the stamp duty fiasco rears its head. (not our house, my mum's house that we're selling to pay for the care home she's is - that's another story)
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10th Aug 2008 9:58 am |
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