Just seen a March 2018 Vogue TDV6 with extras including TV, 21" wheels, remote services, black with black leather 62,500 miles. Full RR service history, Rear pads last year. All tyres good.

All for only £34.5k (trade-in price on new one with £14k discount to boot) - they are going for £47k+ on auto trader! someone's making a good mark up methinks?

Now that's a bargain and only shows how good the one for £27k was that someone on here just bought.

I keep dreamin'.

One of the problems is that now it is only Motor Traders who have access to the vast supply of used cars at actions across the country.

Over the years I have purchased several cars from British Car Auctions for family and friends and have a Blue Card membership of BCA. When they closed their doors to the general public in March last year they went across to online auctions. I contacted BCA to register and was told that I required a Silver BCA card and to get this I required Motor Traders insurance. I had a few quotes which came in around the £750 mark so I haven’t bothered pursuing it any further.

I went to one of the last auctions at BCA Bedford the week before they closed to the public. I was just passing so popped in off the cuff. A 2016 L406 3.0L SE in silver with a black leather interior and 52,000 miles went for £22,000. The day before I had been told that my contract was being terminated so didn’t buy it. 3 other L406’s followed and all sold for similar money.

Yes, dealers are ranking it in at present with enormous mark ups on used cars of all brands..

Jim

yeah I was offered 16-19k for my 105,000 miles SE car over last 3 months......however I've just spent 6k on service items and there is no way I'd sell it for that, I'd rather keep it as a second car for under 20k.....just no point.....but yeah the hilarious part is there isn't anything even close to under 20k for a 2013 100k car in immaculate well serviced condition.

I also don't see the point in changing right now as the glut of big lumpy stuff on Porsche website makes me think this year we will see a big drop in heavy metal......so keeping the FFRR and buying one of them might be a better choice. all smug in my new plug!

2021 Westminster Black D300
2013 Vogue SE - gone
Some Porsche Cayenne guff pretending to be a 4x4!!
2006 Vogue
2004 Vogue
2001 Vogue

Prices seem odd at the moment. Mine is worth less than the finance outstanding so it makes no sense to pay it off, so at the end of the pcp if things don’t change I’ll just hand it back to the finance company and walk away. I could trade before then, but the current retail prices are bonkers compared to trade and I’m not keen on over paying for a new car. I’m sure I’m not alone in that position so dealers will need to adjust their prices down if they want to maintain sales.

Last edited by Andy S on 14th Jan 2021 4:22pm. Edited 1 time in total

Prices seem unnaturally high. Recently when I looked at a stealer RR AB, MY66 and suggested a less than 5% discount was told, rather rudely, "well if you're looking for that sir maybe a RR isn't for you". Lovely chap.

Whereas there are a few high mileage approved useds that have had discounts applied lately. I still think that now maybe is a good time to buy if you find the perfect spec and have the cash, as once lockdown is done there will probably be more demand than supply, at least for a while.

But yeah, dealers are being a bit greedy at the mo.

I think it’s just a case of supply and demand. The supply of nice spec ones (in any car) seems low at the moment. Thus those buying are chasing similar cars.

The BMW M2 I just bought was a low mileage demonstrator and they were selling like hot cakes. My wife’s car that we were selling was very much in demand. And so much so that we ended up selling it back to Audi for a very good price to go into their used car stock. But again was the right specification.

I read an article that repossessions may commence again from next month. I can help but think that will enable some more supply from finance companies being able to get their cars back and selling them.

Slightly political in nature but I think it is relevant. There seems to be building quite a large divide where there are lots of people who have been doing very well the last year but bought very little. And sadly many who are on borrowed time when financed that could see an even more difficult period ahead when repayments have to be made.

Like always there will be winners and losers.

Prices do seem odd at the moment. I tried WBAC at Xmas for a price on my 2018 Range Rover 3.0 litre SE with 12k and they offered me £55600.00 and I only paid £58k back in July. They've got to make a margin on it along with whichever trader picks it up who has to make a living so I don't see anyone getting rich from purchases like this.

I concur, I've been looking for 2 months to replace my 16 4.4VSE which the Landrover Finance took back after too many dealer workshop visits and gave me a full refund.

From looking around the same age, model and mileage cars are around the same price as I paid for mine in August 2019!

But it gives me a dilemma in replacing - because ideally I should go newer (MY18 facelift) but the value isn't there in the few cars that are out there right now.

So I'm off to scratch an itch with a Ford Mustang for now, keep running my old L322 and I'll be back for 405 in the early summer. Current Fleet:-
2018 Discovery 5 3.0 HSE
2021 Ford Ranger Wildtrack
2019 Ford Mustang Bullitt 5.0 V8
1993 Defender 90 200TDI Pickup

Gone - not forgotten
2016 L405 4.4 SDV8 Vogue SE
2012 L322 4.4 Westminster
2004 L322 4.4 V8 Autobiography LE
2000 P38 RR 4.0 HSE (ex Clarkson test car)

Makes me wonder if I'll get a decent price for mine if I can somehow finance an I Pace.