second hand car market doom

[DiscoStu]

Turion is Wilmslow!

Dammit, beat me to it

[Xenophon]

Dammit, beat me to it

You still get the polyster ties!

[Turion]

No, I think that Wimslow bought a new one. Not necessarily a bad move as good deals can be had, but it will still lose 50-65% in depreciation during the first 2-3 years.

[DimPrawn]

Unless you're trying to impress a bird, (or compensate for somethingelse ) why buy this car. It just burns money for no good reason. You can get a good 3 yr old Ford Focus for <£5k, 40mpg, cheap servicing and tax, low depreciation, insurance etc) drives great, looks ok and will do everything you need from a car.

If you think of a car in the same way you think about a fridge freezer, everyone would be driving a Toyota Corrolla or equivalent.

Do you shop for clothes at Mr Byrite as well?

[DiscoStu]

was reading Quentin Wilson this weekend it seems second hand car prices are in freefall thanks to the credit crunch. E.g. 04 Mondeo at auction £1400!!!
That's an 18k motor 4 years ago. Also Jeep Grand Cherokee 03 V6 , 3k!!!

Oh dear

Oh dear, did you just confess to reading the Sunday Mirror?

[Peoplesoft bloke]

Unless you're trying to impress a bird, (or compensate for somethingelse ) why buy this car. It just burns money for no good reason. You can get a good 3 yr old Ford Focus for <£5k, 40mpg, cheap servicing and tax, low depreciation, insurance etc) drives great, looks ok and will do everything you need from a car.

Need, yes, want no.

The Phaeton does have a very good price/gadgets ratio. The thing that worries me is the awful reputation that older A8s have for electrical maladies - I can't see the Phaeton being any better.

[DimPrawn]

A mate of mine (complete car nut) has sold his new Boxster S, 350Z, Astra VXR, Lotus and Celica, so I reckon it's pretty bad.

He reckons the bottom is falling out of the top end car market and he can sell his "fleet" now and pick up a bargain supercar later.