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Author Topic: What car for £10k?  (Read 5234 times)

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Viral_Jim

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Re: What car for £10k?
« Reply #30 on: 16 March 2020, 12:51:51 »

I was thinking today that if this CvD-19 thing really takes off and there's a proper slow down because of it, there might be some good car deals about for the survivors as dealers will be desperate to shift some metal.  :)

Yes......the same may apply to property.

Or, for a smaller investment - shares. Taking just two examples, Travis Perkins is at a two-year low, having shed about 40% of its value in the last week, BP is similar, about 45% down. Seems like a good opportunity for those with some spare cash and a year or so to wait for their returns.

Alternatively, for something a little more diverse, the FTSE 250 as a whole is down over 35% since 01/01/20
« Last Edit: 16 March 2020, 12:53:24 by Viral_Jim »
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Field Marshal Dr. Opti

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Re: What car for £10k?
« Reply #31 on: 16 March 2020, 13:05:49 »

I was thinking today that if this CvD-19 thing really takes off and there's a proper slow down because of it, there might be some good car deals about for the survivors as dealers will be desperate to shift some metal.  :)

Yes......the same may apply to property.

Or, for a smaller investment - shares. Taking just two examples, Travis Perkins is at a two-year low, having shed about 40% of its value in the last week, BP is similar, about 45% down. Seems like a good opportunity for those with some spare cash and a year or so to wait for their returns.

Alternatively, for something a little more diverse, the FTSE 250 as a whole is down over 35% since 01/01/20

A dystopian future may mean they have further to fall. I shall keep my eyes and ears open. :)
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Viral_Jim

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Re: What car for £10k?
« Reply #32 on: 16 March 2020, 13:16:34 »

No doubt they will. Hence my caveat of needing time to sit on them.  :y

I bought some Travis shares this morning. In the time between me placing the trade and refreshing the screen, I'd managed to lose £10   ;D. Thankfully my accountancy is rather better than my stock picking abilities  ;D
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aaronjb

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Re: What car for £10k?
« Reply #33 on: 16 March 2020, 13:25:23 »

Thankfully my accountancy is rather better than my stock picking abilities  ;D

* aaronjb looks at TP stock price

I don't know, that might be trying to tell us something about your accountancy  :P ;)
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Field Marshal Dr. Opti

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Re: What car for £10k?
« Reply #34 on: 16 March 2020, 13:43:56 »

No doubt they will. Hence my caveat of needing time to sit on them.  :y

I bought some Travis shares this morning. In the time between me placing the trade and refreshing the screen, I'd managed to lose £10   ;D. Thankfully my accountancy is rather better than my stock picking abilities  ;D

It never hurts to give Warren Buffett a bell before sealing the deal. :)
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Migv6 le Frog Fan

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Re: What car for £10k?
« Reply #35 on: 16 March 2020, 14:49:24 »

His mantra is "buy when others are fearful, sell when others are brave."
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STEMO

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Re: What car for £10k?
« Reply #36 on: 16 March 2020, 16:09:12 »

His mantra is "buy when others are fearful, sell when others are brave."
Easy to say when you can afford to lose the odd billion.
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SMD

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Re: What car for £10k?
« Reply #37 on: 18 March 2020, 22:35:34 »

WBAC offered me £13,500 for my car  ;D  :'(
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Doctor Gollum

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Re: What car for £10k?
« Reply #38 on: 18 March 2020, 22:40:24 »

His mantra is "buy when others are fearful, sell when others are brave."
I prefer "You can always tell who was skinny dipping when the tide goes out"  :D
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aaronjb

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Re: What car for £10k?
« Reply #39 on: 19 March 2020, 08:26:28 »

WBAC offered me £13,500 for my car  ;D  :'(

Take it .. in a few weeks it'll be £50 ;)

WBAC offered £4500 for my 2010 RRS and the BMW 650i, each, and I'm tempted to take them up on the offer as it would provide some much needed financial breathing room.
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biggriffin

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Re: What car for £10k?
« Reply #40 on: 19 March 2020, 08:42:40 »

WBAC offered me £13,500 for my car  ;D  :'(

Take it .. in a few weeks it'll be £50 ;)

WBAC offered £4500 for my 2010 RRS and the BMW 650i, each, and I'm tempted to take them up on the offer as it would provide some much needed financial breathing room.


 Be worth taking the cash now, and wait as there's going to be some bargains about soon.
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STEMO

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Re: What car for £10k?
« Reply #41 on: 19 March 2020, 11:34:14 »

Buy one of those omega hearses that pop up once in a while  :y
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dave the builder

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Re: What car for £10k?
« Reply #42 on: 19 March 2020, 20:40:21 »

Buy one of those omega hearses that pop up once in a while  :y
i bet they are selling like hot cakes
one passed me today going VERY fast , busy time i guess  ;D
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