Omega Owners Forum

Chat Area => General Car Chat => Topic started by: MICHELINMAN on 08 March 2011, 12:48:54

Title: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: MICHELINMAN on 08 March 2011, 12:48:54
At every car auction I go to , none, and I mean NONE, go for any more than a grand, even top end models with all the toys :question

Seems a lot of car for small change.
Unloved by Joe Public it would seem, with rock bottom prices, not a sellers car.
Similar age & spec BMWs, Volvos, Mercs, etc at least double the price.
Me thinks me got a bargain.... :y.
Thoughts please....
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Shimmy on 08 March 2011, 12:52:55
Luxobarges have always depreciated far more than other types of vehicles in this country.  This country has always preferred the small hatchbacks and prices reflect that, more so now with the hike in fuel prices.  That combined with Vauxhall badge = not desirable for the average joe.

Car enthusiasts know better of course  :P :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 15:13:43
most importantly theyre really expensive to run and even worse with the fuel prices ever increasing.

however i wouldnt be without mine.

it makes me laugh when new cars are sold with ''aircon as standard'' hahahahaha wooooow i think to myself ;D ;D ;D ;D
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: tonyyeb on 08 March 2011, 19:34:00
Not really a bargain. If you ever want to sell, you'll also get next to nothing for it.
I bought mine with previous experience of the model, knew it'd cost a fortune, and also knew that whatever I spent on it I'd never see again.
But......I totally love it, and don't ever want to sell it!
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 19:40:50
Quote
Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Reply #3 - Today at 19:34     Not really a bargain. If you ever want to sell, you'll also get next to nothing for it.
I bought mine with previous experience of the model, knew it'd cost a fortune, and also knew that whatever I spent on it I'd never see again.
But......I totally love it, and don't ever want to sell it!

totally agree tony. you dont buy an omega to sell on for a profit cos that wont happen (just check auto trader to see how cheap as chips they are) but as you say there is a complete and undying love for the thing.

i had my love tested recently with all the things going wrong but i stuck in and shes a dream again.  :y :y :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: omegod on 08 March 2011, 19:54:02
Quote
Quote
Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Reply #3 - Today at 19:34     Not really a bargain. If you ever want to sell, you'll also get next to nothing for it.
I bought mine with previous experience of the model, knew it'd cost a fortune, and also knew that whatever I spent on it I'd never see again.
But......I totally love it, and don't ever want to sell it!

totally agree tony. you dont buy an omega to sell on for a profit cos that wont happen (just check auto trader to see how cheap as chips they are) but as you say there is a complete and undying love for the thing.

i had my love tested recently with all the things going wrong but i stuck in and shes a dream again.  :y :y :y

Not strictly true, I picked up a 01 2.2 cdx at the auctions, mint with one owner and 68k for £600, sold it for £1400 a week later, may have been lucky but it was immaculate ;)
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 20:00:55
fair play. you bought it dirt cheap though  :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: pirate on 08 March 2011, 20:25:57
i think i got mine for a steal even with the price of petrol as all the expensive bits had been done, ive just done brakes and one wheel bearing i dont think i would want to part with it as is such a rare beast , never seen another ,and the insurance was peanuts, and when the summers here im sorting the tiny rust spots on corner of both rear doors shes nearly mint.also going to mod the front end abit and stiffen her up ,beter looking than the bemmers ive had.last vauxhall i had was a caverlier 2ltr cdx always went wrong but hay ho thats cars for ya ;D
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 20:29:43
i paid £1100 for mine two years ago. unfortunately no history showing cambelt so that had to be done straight away  ::)

but instead of saying 'no thanks' and looking for another i was impatient and bought mine knowing id need to spend.

do i regret that impatience? hell no!!!  :y :y :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: tonyyeb on 08 March 2011, 22:21:33
Paid £1150 for mine last November - think the price was fair, but petrol has gone still more stupid in those 5 months, so would be extremely lucky to get £800 - £900 for it now, even though I've improved it a little since I bought it.

Really don't care tho - I know I'll be spending at least as much as I paid for the car on bringing it up to the condition that'll please me, and that that money is stone cold dead.

I suppose the 'bargain' is that it's rarer than similar spec Mercs and Beemers, in MV6 or Elite trim they look the business, and that V6 is a fabulous motor. Couldn't give a monkeys about badge snobbery - owning a tatty and tired BMW 325 for the money I paid for the Elite would only bring pain and heartache.
When I walk out of the door in the morning and see the old girl waiting for me, I smile, and look forward to my 12 mile commute into work. I usually arrive happy.... :)
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 22:21:44
a classic example of a great car, cheap as chips!!!

http://www.autotrader.co.uk/classified/advert/201110381359437/sort/priceasc/usedcars/transmission/automatic/model/omega/make/vauxhall/radius/1501/page/1/postcode/nn37bl?logcode=p

(odd advert..... why do we need to know it hit someone with no legs???  :-/ :-/ :-/ :-/
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: ted_one on 08 March 2011, 23:00:19
I certainly agree that the Omega is not cheap to run but if your smitten then theres not much you can do about it, I've still got my first Omega purchased over 10 years ago and still going strong at 192.000 miles with zero breakdowns,I now have a further two and although one of those two has been an absolute nightmare to get right I've been lucky enough to find DLK who has worked his magic and transformed it,I think eventually the V6 models will stay with people like myself and may well end up becoming classics and not every day drivers because lets face it fuel prices wont be coming down ever. :-[ :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 23:04:45
yep totaly agree nitro. at the end of the day the cheapest new car you can get is a renault twingo (wooow i hear you cry  :o) for something like £6995.

ok its a small engine but how long would it take to recoup the costs in petrol? and a renault twingo with its lawn mower engine aint gonna get to 300k + miles which ive seen on some omegas!!!!!
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Webby the Bear on 08 March 2011, 23:06:04
sorry to bang on but here is another example:

http://www.autotrader.co.uk/classified/advert/201049374692299/sort/priceasc/usedcars/transmission/automatic/model/omega/make/vauxhall/radius/1501/page/2/postcode/nn37bl?logcode=p

where on gods earth can you find a car with in built sat nav for £750???? (other than a mig?)
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: ted_one on 08 March 2011, 23:19:07
If the day comes, which hopefully is never and I have to drive into work in a weezel corsa or similar,then it will have blacked out glass and I will be wearing a ski mask YEUK!!! ;D :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Martin_1962 on 08 March 2011, 23:56:13
I paid £4500 for mine quite a few years ago
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: russ0205 on 09 March 2011, 09:33:11
yep lot of car for your money bought mine in december last year 02 2.6cdx all the toys fsh 1 owner £1100, if i bought a bmw or merc it would have been 3k,who cares if it has a vauxhall badge i love it and it puts a big grin on my face everytime i drive it knowing i own it for that much, :y :y :y :y :y :y :y :y
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: 2boxerdogs on 09 March 2011, 11:06:54
 8-)A lot of people i think are put off by the V6 because of fuel costs but i get 30 mpg on a 54 mile round commute, i almost didn"t buy mine till i spoke to a colleague at work who said how much V6s had improved i was  sceptical at first but i am over the moon with mine .1 owner FSH 50,000 miles when i bought it pure luxury for very little money, traded my old Mazda in for £600.00 & the insurance had already given me £1270.00 as they could not get the parts to repair it!!
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: markrl on 09 March 2011, 16:54:11
This is what caught my eye recently on Autotrader. If only you could still get spare parts for them.

I had one once it was my first big car and loved it far more then any Omega. Such a pity spare parts are almost completely unobtainable  :(

http://www.autotrader.co.uk/classified/advert/201039369415979/sort/priceasc/usedcars/model/senator/make/vauxhall/radius/1501/page/1/postcode/se173bl?logcode=p
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: tonyyeb on 09 March 2011, 18:22:56
Quote
This is what caught my eye recently on Autotrader. If only you could still get spare parts for them.

I had one once it was my first big car and loved it far more then any Omega. Such a pity spare parts are almost completely unobtainable  :(

http://www.autotrader.co.uk/classified/advert/201039369415979/sort/priceasc/usedcars/model/senator/make/vauxhall/radius/1501/page/1/postcode/se173bl?logcode=p


Can only assume that the dude who spent £10K + on restoring it was completely off his face  ::)

Sure, its a lovely car, and its great that at least one of these lovely old barges will be around for a few more years, but, really! £10K!!
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Omega_Dan on 09 March 2011, 18:25:50
Most big non- prestige cars are not worth alot but the mig is the best of the non prestige bunch imo.
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: fudy on 09 March 2011, 23:48:40
i spotted a 52 plate 2.5 cdx saloon in star silver for sale on the side of the road today for £600 could not believe it! there worth practically nothing now and with fuel prices rocketing it's only gonna get worse! but i still love mine though, if i had the space i would buy another one for just for parts.
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: Teebee on 10 March 2011, 16:18:50
I've also noticed massive price drops over the past couple of months, i'm guessing it's a combination of fuel/insurance prices rather than maintenance prices, although i've watched B4 shocks creep up from £40 a pop to £70 now.

I'm not sure how many routinely watch ebay but in the last 2 weeks i've seen a nice looking X 3.0 Elite go for £770, a W 3.0 MV6 with LPG (and a manifold leak) not sell around the £700 and there is a V 3.0 MV6 with a huge amount of work done, on there now for the 2nd time and it hasn't met the £700 start price.

I think the day of the big car is sliding gently to an end, which suits me fine as I get to pick one up cheap :)
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: gav mv6 on 11 March 2011, 16:08:57
i love my mv6 , it drives me mad sometimes especially with the tyre wear , but is so cheap to run , better than a wiesel ,but the smegging insurance has gone up something silly now ,been thinking about putting the engine, box and gas into something older as i dont want to loose my v6 , have had them for a good few years now ,still shows up the hotch hatch posse too .was thinking a bout the engine in my mk1 astra  :D
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: henryd on 11 March 2011, 23:44:41
Quote
i love my mv6 , it drives me mad sometimes especially with the tyre wear , but is so cheap to run , better than a wiesel ,but the smegging insurance has gone up something silly now ,been thinking about putting the engine, box and gas into something older as i dont want to loose my v6 , have had them for a good few years now ,still shows up the hotch hatch posse too .was thinking a bout the engine in my mk1 astra  :D

your insurance company will be bloody thrilled about that :D :D ;D
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: dragonlord on 11 March 2011, 23:59:22
i dont agree really that there epencive to run

yes there thirsty that ill give you

but other cost are cheap if your prepared to get the spanners out

it aint the parts it the labor on em

iv done 50thousand on mine
one hbv 25 quid
crank sesor 70quid
abs control unit 100quid and some bloody knuckels
and a couple of sets of pads
and dathloo done me cambelt and pump for a decent price

id say it more the fact no one ones one is

kids cant inshaw em for shit
rich tossers /snobs want a bmw badge and nor a VX one
and it only a few old guys like us that want a second hand one
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: sotmh on 12 March 2011, 04:30:51
I've also noticed massive price drops over the past couple of months, i'm guessing it's a combination of fuel/insurance prices rather than maintenance prices, although i've watched B4 shocks creep up from £40 a pop to £70 now.


I think the day of the big car is sliding gently to an end, which suits me fine as I get to pick one up cheap   
Back to top   


I hope so as iy will defintely benefit me :y

When my mig first overheated and I was making some pricing enquiries to fix it I was basically told by owner I would be better off getting something comparable that holds it's value.
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: gav mv6 on 12 March 2011, 13:21:50
Quote
Quote
i love my mv6 , it drives me mad sometimes especially with the tyre wear , but is so cheap to run , better than a wiesel ,but the smegging insurance has gone up something silly now ,been thinking about putting the engine, box and gas into something older as i dont want to loose my v6 , have had them for a good few years now ,still shows up the hotch hatch posse too .was thinking a bout the engine in my mk1 astra  :D

your insurance company will be bloody thrilled about that :D :D ;D

believe it or not its cheaper for a mk1 astra gte modified with mv6 engine and lpg  :D

but i wanna keep it the gte standard , so when the insurance is up, the engine box and lpg will  go into something else
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: 999gsi on 12 March 2011, 22:48:21
i think the main reason omegas are cheap is down to snob value,my father bought a brand new 2.0 gls in 1994,and replaced it with a brand new 2.5 cdx saloon in 1998,he lost a fortune on both of them,i sold a 2001 merc e240 estate,will admit it was better built/quality than the omega i bought ,however the omega is is 2 years newer 15 k miles less  bought for 500 quid less than i sold the merc and unlike the merc doesnt cost a fortune to run/service and more importantly isnt rusting away like my merc was....
Title: Re: WHY ARE OMEGAS SO CHEAP TO BUY....?
Post by: mrcnc53 on 13 March 2011, 08:05:11
A friend bought a new eco Audi can't remember what model he said for £16000 because he only has to pay £30 a year road tax.  I paid £2100 for my Mig 2 years ago and have paid £450ish tax.  So just maybe running a mig isn't that exspensive.  But don't tell anybody