Omega Owners Forum

Chat Area => General Car Chat => Topic started by: blue_dream on 01 November 2009, 14:28:37

Title: Car Prices
Post by: blue_dream on 01 November 2009, 14:28:37
Hi
    i,m just be looking on feabay as i was after an elite estate but must be mini facelift, possible t or v reg and of course 3.0 lite, i was amazed to see that their is not much about or with respect the prices are amazing.
  I see theirs a 2.5 elite, ok sort of low milages but its a 25 so not much in toys but its at £950 and still going, good for the seller but i must admit i feel all omegas are increasing in price, so what will my 1998 omega cdx estate in poloar sea blue, common colour no service history but all work carried out by me including a recent cambelt and all the rest recently, with black valour seats but with black elite door cards and oh 105 for the milage and 6 months mot approx
  Any ideas guys and girls, just testing the water see what people think look forward to some responds  :)
Title: Re: Car Prices
Post by: Del Boy on 01 November 2009, 14:38:09
Almost everything at the moment is going above book price  :y Car sales are rocketing.
Title: Re: Car Prices
Post by: albitz on 01 November 2009, 14:48:08
The scrappage scheme has cuased a shortage of used cars which has pushed prices up. :y
Title: Re: Car Prices
Post by: MickAP on 01 November 2009, 15:21:01
Quote
The scrappage scheme has cuased a shortage of used cars which has pushed prices up. :y

Can't believe that, you only have to look at dealers, Autotrader and other sites............loads and loads of cars for sale.

Mick
Title: Re: Car Prices
Post by: albitz on 01 November 2009, 16:05:17
There will always be a lot of  cars around,but you only need to remove a relatively small percentage of any given market to slow down supply enough to push up prices.
I was reading an article by a car dealer recently which said that auction prices have risen quite a bit since the introduction of scrappage as dealers are competing with each other to get good used stock because scrappage had caused the normal supply chain to slow down to a certain extent.