Celtic Tiger victim? was €290,000 now €82,950

corglass

what a depreciation

http://cars.donedeal.ie/for-sale/cars/2458413

Wonder if many would be interested in this? I'm guessing most people with that kinda dosh want something new?

166man

Wait so that's €5 for ever mile driven right? Jeez heading down to the shops for a pint of milk would be quite an expensive trip..:eek:

-Corkie-

Dr bill has one of them.

Tropheus

Good job he said "serious callers only". I've no intention of buying it, but was going to call to shoot the breeze for a while. :rolleyes:

A guy living close to me bought a new Continental Flying Spur in 2007. It must have cost close to €300k. What's it worth now? €80k at a push? I'd day there isn't even 20k miles on it. That's what I call serious depreciation.

MugMugs

hahahahaha !!!

Would'nt you be sick if you bought something and it was worth just under 75% less in the blink of an eye !!!

hahaha!!!

Oh wait, I bought a house ! :eek:

squod

Owner pissed on the seats before it was repossessed.

For Forks Sake

-Corkie- wrote: »

Dr bill has one of them.

Sold a couple of years back, I remember posting about it at the time.

Heroditas

What an absolutely gorgeous looking car.
However, the dash, steering wheel, centre column etc is awfully awfully busy.

-Corkie-

For Forks Sake wrote: »

Sold a couple of years back, I remember posting about it at the time.

Dont he have a black one now. I see it on the apprentice mon nite...

Edit the reg was 08d1000 on the TV but that comes up as a RR Phantom on Motorcheck...

For Forks Sake

-Corkie- wrote: »

Dont he have a black one now. I see it on the apprentice mon nite...

Last year he was using Gerald Keans one, don't know who the black on ebelongs to

-Corkie-

For Forks Sake wrote: »

Last year he was using Gerald Keans one, don't know who the black on ebelongs to

I wonder is the Phantom his, surley they wouldnt use someone elses plate on that car...

johnos1984

Is that a piss take ad?

It's on Donedeal and the asking price is nearly €90k. DD is great but it's the wrong place for a car like that.

And finally............THAT IS ONE OF THE --- WORST DESCRIPTIONS FOR SOMETHING --- WITH AN ASKING ---PRICE THAT --- HIGH

For Forks Sake

johnos1984 wrote: »

Is that a piss take ad?

It's on Donedeal and the asking price is nearly €90k. DD is great but it's the wrong place for a car like that.

It's alright laaads, it'll be in bangernomics in a few years.........

johnos1984

For Forks Sake wrote: »

It's alright laaads, it'll be in bangernomics in a few years.........

Idiot future donedeal ad description

Lowered, coilovers, BIG exhaust


Engine swap with a MITZI

1.3L so cheap.........er............respect?

For Forks Sake

johnos1984 wrote: »

Idiot future donedeal ad description

1.9TDi on logbook for chape tax

johnos1984

For Forks Sake wrote: »

1.9TDi on logbook for chape tax

Well it is a VW

Padraig Mor

-Corkie- wrote: »

I wonder is the Phantom his, surley they wouldnt use someone elses plate on that car...

Phantom my arse! "Master businessman" Cullen isn't exactly flush I believe! The Bentley was leased or borrowed or something. He was stopped in traffic next to me a few months ago - in a Laguna!

rabbitinlights

Padraig Mor wrote: »

Phantom my arse! "Master businessman" Cullen isn't exactly flush I believe! The Bentley was leased or borrowed or something. He was stopped in traffic next to me a few months ago - in a Laguna!

His current net worth is approximately €20 million.

Seth Brundle

I would doubt that high end cars like these are bought by individuals. I'd say that most were bought by companies that now need to sell!

YBTurbo

I mite jst snd him a txt, he mite do a P/X on my Vtec Civic, sure shes only 1.3 on da book 4 chape insur n tax.... Da Vtec would lave his yoke 4 dead, bu I need a famly car nw as I clndnt aford a condom n nw me missus is preggers...... Nt ta wory though, da dole wil pay 4 it.... Innit.

'Wha ya do 4 cash with ma Vtec yooooo, blud?'

pebbles21

YBTurbo wrote: »

I mite jst snd him a txt, he mite do a P/X on my Vtec Civic, sure shes only 1.3 on da book 4 chape insur n tax.... Da Vtec would lave his yoke 4 dead, bu I need a famly car nw as I clndnt aford a condom n nw me missus is preggers...... Nt ta wory though, da dole wil pay 4 it.... Innit.

'Wha ya do 4 cash with ma Vtec yooooo, blud?'

WTF?

YBTurbo

pebbles21 wrote: »

WTF?

Sorry, I got a bit carried away :cool: :P

PrettyBoy

Padraig Mor wrote: »

Phantom my arse! "Master businessman" Cullen isn't exactly flush I believe! The Bentley was leased or borrowed or something. He was stopped in traffic next to me a few months ago - in a Laguna!

Oh, you saw him in a Laguna? He must have fallen on hard times. It's probably not even his, I'd say it's a company car.


:rolleyes:


Think before you post in future.

jsd1004

rabbitinlights wrote: »

His current net worth is approximately €20 million.

And he is losing 2 mil a year on that hotel in Kerry..If i was losing 10% of my net worth per annum on one venture i would be slightly worried.

scoobymunster

Am I missing something? I always thought new cars lost ~75% of their value when new after four years? 2007 Mondeos/Vectras etc. can be had for around 5-6K now when they cost over 20K new at the dealers?

HondaKev

YBTurbo wrote: »

I mite jst snd him a txt, he mite do a P/X on my Vtec Civic, sure shes only 1.3 on da book 4 chape insur n tax.... Da Vtec would lave his yoke 4 dead, bu I need a famly car nw as I clndnt aford a condom n nw me missus is preggers...... Nt ta wory though, da dole wil pay 4 it.... Innit.

'Wha ya do 4 cash with ma Vtec yooooo, blud?'

haha classic

bijapos

kbannon wrote: »

I would doubt that high end cars like these are bought by individuals. I'd say that most were bought by companies that now need to sell!

The other way around actually. A company would tend to lease something like that, they would very rarely buy it outright, it would make more sense on the books. A Merc 600 or BMW 760 is about as high as a company will go. High earning individuals are traditionally the biggest purchasers of high end cars in Europe.

scoobymunster wrote: »

Am I missing something? I always thought new cars lost ~75% of their value when new after four years? 2007 Mondeos/Vectras etc. can be had for around 5-6K now when they cost over 20K new at the dealers?

Yep, thats what I was thinking, its all relative really. Having said that if he bought himself a Ferrari 430 in 2007, it would be worth a fair bit more.

However, if he had got himself an F40 it would be worth at least the same if not more, or for half the money he could have gotten himself a 959 and it would have had no depreciation. Theres a lot to be said for classics .

Either way we don't know the seller, could be he is still a succesful businessman and has just taken delivery of another Bentley, Aston or whatever. Those in the building and property game lost a lot but many other business branches were unaffected.

ironclaw

Was in a Lexus FS 430 (Not sure if that is the correct model, but close enough) Anyway, all the extras and the original receipt (Paid by Credit card) from 2001. Owned by a CEO in the UK. It was over €115K new. Bought by the new owner yesterday for €2500.

Soarer

ironclaw wrote: »

Was in a Lexus FS 430 (Not sure if that is the correct model, but close enough) Anyway, all the extras and the original receipt (Paid by Credit card) from 2001. Owned by a CEO in the UK. It was over €115K new. Bought by the new owner yesterday for €2500.

LS430?

Spread

ironclaw wrote: »

Was in a Lexus FS 430 (Not sure if that is the correct model, but close enough) Anyway, all the extras and the original receipt (Paid by Credit card) from 2001. Owned by a CEO in the UK. It was over €115K new. Bought by the new owner yesterday for €2500.

Pics or GTFO

ironclaw

Spread wrote: »

Pics or GTFO

I'll see what I can do. I didn't believe it until I saw all the original receipts and docs.

no1beemerfan

Was in Conlons in Rathangan a few weeks ago and they had a Rolls I think for sale. '07 if I remember...anyways I asked for a test drive for the craic...and the sales guy said that the car was just under €400k new and they have a price tag of €120k on it now. Didn't get the test drive btw!

daRobot

Still not cheap at 82k though and lots of depreciation left to come.

If you went down the years to an 04' you'd pick one up with the same miles for close to 40k.

166man

That's easily the most expensive Skoda I have ever seen..:D

el diablo

edit.

lomb

The old Continental was a nicer looking car with a nicer interior. It is probably a better investment also being a classic now.
http://www.wallpaperslot.com/wallpaper-bentley-continental-16636.php