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Asim

Member Since: 10 Jun 2009
Location: LONDON
Posts: 50

Used Car Values Going Up???!!!

I watched the news on Saturday morning, and one of the major headlines, was talk of the price of used cars, in general going up for the first time in a long long while (if not history)....

The news report then went onto say that the average Focus 4-5 years old, was now worth about £600 more than it was a year ago.....they then named a few other cars ( i lost interest for a second), then they mentioned that a Vogue (it was a 54 plate) was now worth 3.5k (yep, thats £3500) more on average than a year ago???!!!! Surely thats totally inaccurate??....or is it???

How have website members, found used car prices of late( especially Land Rover prices).have they gone up...have they gone down...would be v v interested to hear a professionals (dealer) point of view as well!

Thanks RRS Supercharged!!!!

Tue Sep 15 2009 2:06pm

Very Annoyed
Site Moderator

Member Since: 23 Aug 2005
Location: bat-wielding monkey-spanking tough-love zero-tolerance Euro-sceptic moderator - So just watch it!
Posts: 19459

I had a car I recently sold that in the space of 6 months had increased in value by £5k. 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.

WINNER - 2009 ï¿½Idler Of The Yearï¿½ Award
Runner Up - 2009 ï¿½Just Doing What Itï¿½s Designed To Doï¿½ Award

DO NOT CLICK HERE!

Tue Sep 15 2009 2:10pm

shmoogle

Member Since: 07 Sep 2005
Location: ... and for every sprinkle I find, I shall kill you!
Posts: 24350

I'm not in the industry but just from watching the trader every week, prices do seem to be rallying quite strongly.

2009 Outstanding Contribution Award - Joint Runner Up
2009 'Tech-Head Of The Year' Award - Runner Up

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Tue Sep 15 2009 2:11pm

Asim

Member Since: 10 Jun 2009
Location: LONDON
Posts: 50

Very Annoyed,

5k in 6 months?????? was it a ferrari??!!! RRS Supercharged!!!!

Tue Sep 15 2009 2:11pm

Very Annoyed
Site Moderator

Member Since: 23 Aug 2005
Location: bat-wielding monkey-spanking tough-love zero-tolerance Euro-sceptic moderator - So just watch it!
Posts: 19459

No it was a LR. 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.

WINNER - 2009 ï¿½Idler Of The Yearï¿½ Award
Runner Up - 2009 ï¿½Just Doing What Itï¿½s Designed To Doï¿½ Award

DO NOT CLICK HERE!

Tue Sep 15 2009 2:14pm

Asim

Member Since: 10 Jun 2009
Location: LONDON
Posts: 50

maybe i should think about selling mine as well then (trade up)....i've only had it for 4 months!.....!! RRS Supercharged!!!!

Tue Sep 15 2009 2:15pm

Lookers Park Royal

Member Since: 15 Nov 2007
Location: London
Posts: 2303

Very Annoyed wrote:
No it was a LR.

And if it's the D3 you're talking about then we didn't do too badly either!

Tue Sep 15 2009 5:15pm

Very Annoyed
Site Moderator

Member Since: 23 Aug 2005
Location: bat-wielding monkey-spanking tough-love zero-tolerance Euro-sceptic moderator - So just watch it!
Posts: 19459

Good deal all around. 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.

WINNER - 2009 ï¿½Idler Of The Yearï¿½ Award
Runner Up - 2009 ï¿½Just Doing What Itï¿½s Designed To Doï¿½ Award

DO NOT CLICK HERE!

Tue Sep 15 2009 5:18pm

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