Omega Owners Forum

Chat Area => General Car Chat => Topic started by: Field Marshal Dr. Opti on 08 June 2021, 13:25:51

Title: Has the value of used cars improved?
Post by: Field Marshal Dr. Opti on 08 June 2021, 13:25:51

I have been looking at the prices of used XFR and there seems to be a rise of between £3000-£5000.

Put my details into WBAC and the quote has gone up by £6000.

Title: Re: Has the value of used cars improved?
Post by: Viral_Jim on 08 June 2021, 20:27:01

I think they've stayed pretty strong. I was looking at mine and despite putting 15k on it since September I think all I lost is the bmw dealer premium. I think if I'd bought it privately it would be worth the same as what I'd paid for it.

I suspect its a lot of people coming out of company cars etc in favour of doing lower mileages in more exciting cars

Title: Re: Has the value of used cars improved?
Post by: Sir Tigger KC on 08 June 2021, 22:46:18

I always thought my V70 would be a good investment.  :)

Title: Re: Has the value of used cars improved?
Post by: omegod on 09 June 2021, 08:51:57

Even the bottom end is strong, scrappers i used to pick up at 150-200 are more like 3-400 currently, the arse is going to fall out of the world soon enough !

Title: Re: Has the value of used cars improved?
Post by: andrew-v8 on 09 June 2021, 09:28:33

Regarding the scrap cars I read somewhere that an old calivalier cat is worth about £400?

Title: Re: Has the value of used cars improved?
Post by: Viral_Jim on 09 June 2021, 10:04:12

I'm not sure id pay that much if it had an entire cavalier attached to the other end.  :-X

 ;D

Title: Re: Has the value of used cars improved?
Post by: VXL V6 on 09 June 2021, 10:16:46

Quote from: Viral_Jim on 09 June 2021, 10:04:12

I'm not sure id pay that much if it had an entire cavalier attached to the other end.  :-X

 ;D

I would if it was a GSi or Turbo * ;D

* With no rust and 12 Months MOT  :D

Title: Re: Has the value of used cars improved?
Post by: Rangie on 09 June 2021, 11:40:02

Apparently the demand for second hand vehicles is higher than ever , so obviously increased demand equals an increase in value/prices.

Title: Re: Has the value of used cars improved?
Post by: STEMO on 09 June 2021, 12:43:35

Quote from: Rangie on 09 June 2021, 11:40:02

Apparently the demand for second hand vehicles is higher than ever , so obviously increased demand equals an increase in value/prices.

It's the same kind of thing as house prices. People get excited when the value of their house goes up but, if you sell up and move, the price of what you want has gone up too.
Think you're getting a good deal selling you car, but the price of the one you buy has gone up.

Title: Re: Has the value of used cars improved?
Post by: omegod on 09 June 2021, 14:58:03

Quote from: andrew-v8 on 09 June 2021, 09:28:33

Regarding the scrap cars I read somewhere that an old calivalier cat is worth about £400?

Really depends Andrew, you can have 2 near identical cats and one is worth £500 and the other £5, If you can see a code on it I can try and get a value for you but sometimes like the Omega ones the code is on the heatshield that rots off