200,000 used cars on our forecourts???

bbability

I couldn't believe this ststistic when I heard it the other day. Are they that stubborn that they won't at any cost drop the price of the cars on the forecourts and try and shift a few motors?

junkyard

They'll be shifting alright, garages are going belly up all over the place. You'll get your cheap cars then but there might'nt be any garages to take them back to when things go wrong.:)

ninty9er

bbability wrote: »

I couldn't believe this ststistic when I heard it the other day. Are they that stubborn that they won't at any cost drop the price of the cars on the forecourts and try and shift a few motors?

Have you considered nobody wants a good chunk of those cars at any price...even free!!

stepbar

I was up at a car dealer on the southside today looking at a 03' 3 series - this one - http://www.fostermotorco.ie/usedcars/index.cfm?fuseaction=car&carID=1072486. I told the salesman that I had a 99' Clio to trade in. He offered me, wait for it.... 2.5k Sweet!. How in ever a bit above my price range but still there's value to be had. Realistically one would want to be getting the car above for about 14 - 14.5k with trade in. Just like the way house prices are going, god knows what price some cars are being sold for.

sk8board

A colleague just bought a low-mileage '05 E-class Kompressor with Service, Warranty and 4 new tyres for €20k. The very cheapest high-mileage dealer one on carzone is €25k

shawnee

Methinks the Dealers have been finally caught with their pants down , they are never going to sell those cars, even if they dropped the price by a few grand. The problem with Ireland is there is no one to buy the older cars since the nct came in. In France , England and many european countries you will still see the odd pre 00 car but in Ireland theyre gone, even though these cars are sometimes more reliable than their electronically minded newer ones. ::D The Irish motor industry are going to have to wake up and be a bit more active and face the challenge....

Rb

bbability wrote: »

I couldn't believe this ststistic when I heard it the other day. Are they that stubborn that they won't at any cost drop the price of the cars on the forecourts and try and shift a few motors?

Used cars, like new cars, are an absolute rip over here. Glad to hear there's so many sitting there though, costing the dealers money.

Slidey

Rb wrote: »

Used cars, like new cars, are an absolute rip over here. Glad to hear there's so many sitting there though, costing the dealers money.

My old lady has a 06 tdi jetta comfortline
Lookin to trade for the same and has been hearing daft figures.
She called into a skoda dealership and was quoted 14000 with her own car for a new superb!
Keep in mind the superb is the same price as the jetta...

maidhc

slideways wrote: »

My old lady has a 06 tdi jetta comfortline
Lookin to trade for the same and has been hearing daft figures.
She called into a skoda dealership and was quoted 14000 with her own car for a new superb!
Keep in mind the superb is the same price as the jetta...

Indeed. I was offered 3k for a 2003 Ford Focus TDCi against a new model the other day

They had a 2004 Focus 1.4 petrol in the forecourt and wanted €13,000 for it.

I got so confused I just went home.

Rb

They've some cheek.

Mind you, just spotted this, very competitively priced, will put my offer in

Slidey

Rb wrote: »

They've some cheek.

Mind you, just spotted this, very competitively priced, will put my offer in

I hope you get it....
Karma is a wonderful thing

snowman707

ckecking on carzone I noticed 1 smallish dealership has dropped €1500 off the asking prices of 3/4 weeks ago.

Hearing of 1 large (Ford) dealer that has well over 200 secondhand cars which will be dropped by anything up to €2k shortly .

While I have little sympathy for the dealers I can understand their position with the bank etc

miju

bbability wrote: »

I couldn't believe this ststistic when I heard it the other day. Are they that stubborn that they won't at any cost drop the price of the cars on the forecourts and try and shift a few motors?

would be curious to see where you got that figure from

Run_to_da_hills

Back in the mid 90ies I can remember going to Al Hayes Motors in Portumna. He would have fields and fields of used motors dating back to the early 80ies and would sooner let them rot away than let them go below the cost that he wanted on them.

JoeA3

Run_to_da_hills wrote: »

Back in the mid 90ies I can remember going to Al Hayes Motors in Portumna. He would have fields and fields of used motors dating back to the early 80ies and would sooner let them rot away than let them go below the cost that he wanted on them.

Nothing's changed there! The shoddy old "showroom" has been replaced with your standard VW glasshouse, but the 1000's of cars new and old parked ontop of one another are still a feature!

Slidey

Run_to_da_hills wrote: »

Back in the mid 90ies I can remember going to Al Hayes Motors in Portumna. He would have fields and fields of used motors dating back to the early 80ies and would sooner let them rot away than let them go below the cost that he wanted on them.

I think he has over 400 listed on carzone now.. mental

moleyC

We definitely have too many cars for the population and I believe it is somewhat related to some peoples need to not have a more than two year old car.

I know a good few people who changed their two year old cars last year for equivalent models, ie same make, model, engine, just a different colour

The only reason I change car is too move on to something better or if I needed more space or something, but just changing for the sake of changing is ridiculous IMO.

But, I was talking to a dealer owner the other day and he was saying that his sales are definitely down on the fist half of this this (due to new VRT changes or just finacial tightening or whatever) but he says that his parts department sales were up over 20%, so mabye people will be holding on to their cars for longer now.

Fey!

and he has another one in Tuam!!!

stepbar

That's give or take 5mil eur worth of cars in stock!!! :eek:

Run_to_da_hills

slideways wrote: »

I think he has over 400 listed on carzone now.. mental

He would still let them rot before he would let them go below the marked price.

Slidey

Just checked its 427...

JoeA3

I took a gander at some of the cars on his forecourt a few months ago. Rough as a badgers arse would be a kind way of describing a lot of what I glanced over.

He actually had a few used cars inside in the fancy glasshouse... including a '07 Golf GTI, which was in shabby condition to say the least (every wheel scuffed, dings, scratches, musty grubby interior!)... and I see he still has it for sale on carzone. I wonder why!

I can't believe he sells anything with the way he presents his stock to be honest.

Run_to_da_hills

JoeA3 wrote: »

I took a gander at some of the cars on his forecourt a few months ago. Rough as a badgers arse would be a kind way of describing a lot of what I glanced over.

He actually had a few used cars inside in the fancy glasshouse... including a '07 Golf GTI, which was in shabby condition to say the least (every wheel scuffed, dings, scratches, musty grubby interior!)... and I see he still has it for sale on carzone. I wonder why!

I can't believe he sells anything with the way he presents his stock to be honest.

He would probably make more scrapping them. That guys so loaded he can afford to have them rotting away. I think he dose this to spite everyone, last time I was there was before the economic boom/ pre NCT, and good second hand cars were scarse. I had a good look and ended up going elsewhere because he wanted too much for the heaps he was selling.

bigpinkelephant

I always thought if a car was reduced, or if the dealer was having a sale or worse a Clearance, that the reduced cars must have something wrong with them.

NiSmO

This post has been deleted.

Esel

Run_to_da_hills wrote: »

Back in the mid 90ies I can remember going to Al Hayes Motors in Portumna. He would have fields and fields of used motors dating back to the early 80ies and would sooner let them rot away than let them go below the cost that he wanted on them.

A bit like Duffy's scrapyard then. When he was in Smithfield, I saw him smash a car window with a hammer when a guy tried to haggle him down from his asking price. He then told the punter where to go.

NiSmO

This post has been deleted.

Run_to_da_hills

Also with the downturn in the economy there will be lots of foreign nationals going home leaving a huge surplus of bangers on the market.

finbarrk

But its not just bangers that can't be sold. I had an Avensis 06 for sale for 2 months on Carzone and only 2 calls, and it was priced down at the bottom end.

Ice_Box

My frinds 06 Laguna was first advertised at 18k. Eventually sold for 10.

Mc-BigE

was listening to the last word 2 days ago and there was a guy on from the motor industry and a fine gael TD and they seem to be saying that all these dodgy Imports that have been crashed and written off are finding there way over here and are causing the irish motor industry to collapse. And that the government should bring out tougher legislation to stop it!! And that the UK import will be lower value than an irish car because of this and also at trade-in time.

What a load of BS!!

i would be more likely to trust a HPI check than an Irish equavlant for starters

Henry Ford III

Ice_Box wrote: »

My frinds 06 Laguna was first advertised at 18k. Eventually sold for 10.

Great cars

Robertr

Not surprised for a few reasons:

We can import cars but can't de-register and export them. While there are savings to be made importing from the UK it does also work the other way on some cars, especially as the market gets more swamped, if we could get back the VRT (based on the same calc for a used car).

Car dealers have been building themselves up for this for a while. They have been doing stupid offers like 'buy now and change next year for a new model', 50/50 finance, etc... Basically anything to get us out of our one/two year old cars and into new ones and flooding their own market.

Also, I think that the scrappage scheme (way back) gave the car industry too much of a boost. Car dealers did everything they could to keep sales at the same level even though they were no longer scrapping the trade-ins.

There has also been a major change in people’s mentalities in the last ten years. We have fundamentally changed the way think about our cars. We now look at the car as almost a disposable item that you get rid of once it’s a bit worn. This is how a car is viewed in the US. Journalists always complain about US cars not being made well and having cheap interiors etc.. That’s not due to the manufactures not knowing how to make a good car. They just recognise that people don't want a car to last for more then 5 years so why build something that will last 10 – 20 years. It’s just a different mentality. We had always thought a car that lasts for a long time is a better car. It makes no difference to me if my car is going to be here in 10 or 20 years time! I know I won’t be the owner. I’m not saying this is right. Far from it but its all part of the wasteful society that has been created by the Celtic Tiger. We have to have the latest and greatest of everything. The car dealers are just guilty of being very short sighted or I suppose you could say they were making hay while the sun was shining. Either way it was inevitable.

Before people start lashing into me I’m not trying to preach to anyone here. I’m more guilty of gluttony them most. Just the way I see it.

T J Hooker

NiSmO wrote: »

This post has been deleted.

Tough times is all I can assume. I just noticed on Merlin Motor City's site that they are having €1000 off any car this weekend, looks like at this stage in the year its more about moving units than it is making a fortune.

edit: just realised that it looks like I'm plugging Merlin Motor City! So on a side note, I'm not affiliated with them in any shape, size or form. I've just been watching prices drop/change all over and noticing desperate times.

Zube

Robertr wrote: »

It makes no difference to me if my car is going to be here in 10 or 20 years time! I know I won’t be the owner.

Actually, you have this exactly backwards. The premium brands like BMW, Audi and Mercedes have been expanding for several years at the expense of large mass-market cars from the likes of Ford and Opel. From smallest to largest cars, people have for many years now been moving towards spending more on their cars to get better perceived quality.

And from a financial standpoint, poor quality cars are worth a lot less at trade-in, so your cost to change something like the big Fiat Croma could be more than the cost to change a 3-series.

bbability

Just compared the price of a 2005 BMW 520d M Sport for sale at a used dealer in the UK to the same make and model here in rip-off the public of Ireland. To bring in the vehicle from the UK including the VRT will set you back between €31-32K. The cheapest I can find her so far is €42k. Now that's some saving.

Sponge Bob

Run_to_da_hills wrote: »

Back in the mid 90ies I can remember going to Al Hayes Motors in Portumna. He would have fields and fields of used motors dating back to the early 80ies and would sooner let them rot away than let them go below the cost that he wanted on them.

They were still there in 2001, and were all post 1990 by then but now they are IN Portumna

Brabus

Heard on radio today ad for Mordaunt Group ( in the south east ) knocking 5K off '05,'06 & '07 cars in all their garages.

Thought i was hearing things...

Then i heard another story of a guy who went to trade in an '07 car with 14k on the clock for a new model & was refused by the garage cos they were overstocked.

Strange times we live in. How it has changed so quickly.