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Will a 152 reg car be worth any more than a 151 reg ?

  • 17-04-2015 1:59am
    #1
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭


    Just wondering . . . .

    Will a used 152 reg car be worth any more than a 151 reg ?

    I mean would you be better to hold out to 2016, instead of buying brand new in June 2015 ?, or is it much of a muchness ?

    How does it fair after a few years, i.e. is a 141 worth much more than a 132 ?


«1

Comments

  • #2
    Spook_ie
    Registered Users, Registered Users 2 Posts: 10,896 ✭✭✭✭Spook_ie


    Probably find that it's more determined by what you think you can get for it rather than a 6 month window

    http://www.carsireland.ie/detail.php?ad_id=1233576&r=s.php%3Fr%3D2013%26g%3D10%26z%3D1

    http://www.carsireland.ie/detail.php?ad_id=1213060&r=s.php%3Fr%3D2013%26g%3D10%26z%3D1


  • #3
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 85,523 ✭✭✭✭Atlantic Dawn
    GDY151


    Best time is buy is buy in January to maximise the time you have it before it depreciates.


  • #4
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,887 Mod ✭✭✭✭Henry Ford III


    Atlantic Dawn wrote: »
    Best time is buy is buy in January to maximise the time you have it before it depreciates.

    Tisn't.

    You'll get better discounts approaching end of quarters when dealers are looking for volume to achieve targets and earn extra discounts and rebates.


  • #5
    Tea 1000
    Registered Users, Registered Users 2 Posts: 4,520 ✭✭✭Tea 1000


    You'll be offered no more on a trade in with a 152 vs 151 in 2 or 3 years really. There'll be a small difference when the car is on sale, but you won't see that!


  • #6
    ironclaw
    Registered Users, Registered Users 2 Posts: 8,004 ✭✭✭ironclaw


    Advantage is on the side of the seller, not the buyer. 3 years on, its going to be condition, mileage, spec level etc that will determine your sell price. Not a 6 month difference on a piece of pressed metal.


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  • #7
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    What's the point of anyone buying a 152 ?, would they not be better to wait a few months to 161 ?


  • #8
    Tea 1000
    Registered Users, Registered Users 2 Posts: 4,520 ✭✭✭Tea 1000


    a postere wrote: »
    What's the point of anyone buying a 152 ?, would they not be better to wait a few months to 161 ?
    Maybe not, you might get a better deal when you're buying at a time that the dealers are quieter.
    Plus, some would say at 161 time that you should wait till 162, and thus you'll be waiting for ever!


  • #9
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Tea 1000 wrote: »
    Maybe not, you might get a better deal when you're buying at a time that the dealers are quieter.
    Plus, some would say at 161 time that you should wait till 162, and thus you'll be waiting for ever!

    There's a big difference in waiting 6 months and a full year.


  • #10
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    What's the point of anyone buying a 152 ?, would they not be better to wait a few months to 161 ?

    Or just wait until 171 to be sure.


  • #11
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Toyotafanboi wrote: »
    Or just wait until 171 to be sure.

    Why would you wait a year and half ? instead of just six months ?


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  • #12
    billy few mates
    Registered Users, Registered Users 2 Posts: 6,920 ✭✭✭billy few mates


    Toyotafanboi wrote: »
    Or just wait until 171 to be sure.

    In which case it might be worth holding out for a 181....


  • #13
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    billy few mates wrote: »
    In which case it might be worth holding out for a 181....

    20 is your year . .


  • #14
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    Why would you wait a year and half ? instead of just six months ?


    Why would you wait any period of time. The xx1/ xx2 system will always fall in the financial favour of the dealer, it' claimed to be for the consumers benefit, but, that's not true.

    Need/ want a new car? buy it. Dont wait any period of time to save less than a grand 3-4 years from now.*

    *waiting for vectra to tell me "talk is cheap".


  • #15
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Toyotafanboi wrote: »
    Why would you wait any period of time. The xx1/ xx2 system will always fall in the financial favour of the dealer, it' claimed to be for the consumers benefit, but, that's not true.

    Need/ want a new car? buy it. Dont wait any period of time to save less than a grand 3-4 years from now.*

    *waiting for vectra to tell me "talk is cheap".

    to some people a grand in three or four years is well worth waiting just six months for instead of having to wait a year.


  • #16
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    to some people a grand in three or four years is well worth waiting just six months for instead of having to wait a year.

    I was being sarcastic when i suggested waiting for a 171.

    However, i don't see your point. To those people who are happy to wait 6 months to save a grand MAX in 4 years time. Why don't they wait until 171 and save €2500 in 4 years from now, or better yet, wait until 2050 and not spend any momey and save a fortune.

    On your average car, in the year 2019 having a 151 or a 152 at trade in time will make no difference imo.


  • #17
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Toyotafanboi wrote: »
    I was being sarcastic when i suggested waiting for a 171.

    However, i don't see your point. To those people who are happy to wait 6 months to save a grand MAX in 4 years time. Why don't they wait until 171 and save €2500 in 4 years from now, or better yet, wait until 2050 and not spend any momey and save a fortune.

    On your average car, in the year 2019 having a 151 or a 152 at trade in time will make no difference imo.

    Because waiting six months is only half a year instead of waiting for a full year, and you're into the new year/reg early, unless of course a 152 is worth more than a 151 and it seems not to be. Quite a few cars can take a few months to arrive anyways.


  • #18
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    Because waiting six months is only half a year instead of waiting a full year, and your into the new year/reg, unless of course a 152 is worth more than a 151 and it seems not to be.

    But if you're patient enough to wait 6 months, why not just wait the year at that stage and 'save' even more money. Where do you draw a line?


  • #19
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Toyotafanboi wrote: »
    But if you're patient enough to wait 6 months, why not just wait the year at that stage and 'save' even more money.

    a year is twice as long as only six months, and your car may not make it that far, and it takes a few months for a lot of cars to arrive when ordered new anyway, also new models and revamps tend to come out at the back end of the year, not the middle. I don't see the point in buying a car from mid year on, and going by the sales figures, a lot of other people don't either.


  • #20
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    a year is twice as long as only six months, and your car may not make it that far, and it takes a few months for a lot of cars to arrive when ordered new anyway, also new models and revamps tend to come out at the back end of the year, not the middle.

    And 3 months is only half of 6 months and there are a thousand millimeters in a one thousand of a kilometer but you havn't given me any compelling reason to wait. If you've done a deal for a specific car, they aren't going to upgrade you to a facelift model for free if one is released in the 6 months following your order. If anything, that would devalue your car worse, making waiting "really bad" for those interested in future values.


  • #21
    creedp
    Registered Users, Registered Users 2 Posts: 6,146 ✭✭✭creedp


    a postere wrote: »
    a year is twice as long as only six months, and your car may not make it that far, and it takes a few months for a lot of cars to arrive when ordered new anyway, also new models and revamps tend to come out at the back end of the year, not the middle.


    Are people saying that a 151 will be worth more than a 152 in January 181 or that a 3 year old 151 will be worth measurably more than a 3 year old 152? I would have thought if you buy a 152 in July 2015 and change it say 3 years later in July 2018 it would be worth pretty much the same same as buying the car in Jan 2015 and changing in in January 2018.


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  • #22
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Toyotafanboi wrote: »
    And 3 months is only half of 6 months and there are a thousand millimeters in a one thousand of a kilometer but you havn't given me any compelling reason to wait. If you've done a deal for a specific car, they aren't going to upgrade you to a facelift model for free if one is released in the 6 months following your order. If anything, that would devalue your car worse, making waiting really bad.

    I see no point in buying a new car in the second half of the year, and going by sales figures, many other people don't either. The SIMI and their buddies in government might not like that, but that's their problem.


  • #23
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    I see no point in buying a new car in the second half of the year, and going by sales figures, many other people don't either. The SIMI and their buddies in government might not like that, but that's their problem.

    I see no benefit to not buying in second half of the year if you want/ need a car.


  • #24
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    creedp wrote: »
    Are people saying that a 151 will be worth more than a 152 in January 181 or that a 3 year old 151 will be worth measurably more than a 3 year old 152? I would have thought if you buy a 152 in July 2015 and change it say 3 years later in July 2018 it would be worth pretty much the same same as buying the car in Jan 2015 and changing in in January 2018.

    no, it seems on paper, a three year old 152 will have the same value as a three and half year old 151 at trade in time regardless, whereas if your half year spans you into a new year, it'll be worth a grand more. In other words timing it right, and waiting just a half year gets you the monetary value of a full year.


  • #25
    Tea 1000
    Registered Users, Registered Users 2 Posts: 4,520 ✭✭✭Tea 1000


    a postere wrote: »
    to some people a grand in three or four years is well worth waiting just six months for instead of having to wait a year.
    Save a grand? How though? If you're buying brand new with no trade-in then sure, you may as well if you want to, but it'll only benefit you if you sell within a few years.
    a postere wrote: »
    I see no point in buying a new car in the second half of the year, and going by sales figures, many other people don't either. The SIMI and their buddies in government might not like that, but that's their problem.
    But there is a point, depending on circumstances. If you do a lot of mileage, then your own car will depreciate as much in that 6 months as a new one might save you. Or if your trade in is due work like a timing belt, a full service and some tyres they are all part of the factor. Plus you may well get a better deal in August, as opposed to January or February, because the dealer doesn't want yet another *insert model you're trading here* on his forecourt, so he'll give you a nice bit less for a trade in.
    So you can't come out with a blanket "one size fits all" statement.
    Only one thing is for sure, you'll lose money on cars. (unless it's a rare investment future classic!!)


  • #26
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Toyotafanboi wrote: »
    I see no benefit to not buying in second half of the year if you want/ need a car.

    why would you be buying a car in the first place if you didn't want or need one ?


  • #27
    Dozer Dave
    Banned (with Prison Access) Posts: 491 ✭✭Dozer Dave


    What does the average new car lose in deprecation as soon as it leaves the forecourt?


  • #28
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    a postere wrote: »
    why would you be buying a car in the first place if you didn't want or need one ?

    I have no idea.

    I just know, if i was interested in buying a new car, i wouldn't rule out the months of July to Decrmber.


  • #29
    Tea 1000
    Registered Users, Registered Users 2 Posts: 4,520 ✭✭✭Tea 1000


    Dozer Dave wrote: »
    What does the average new car lose in deprecation as soon as it leaves the forecourt?
    Seeing as no one is stupid enough to leave the forecourt and turn around and trade it back in again straight away, then no one knows for sure. Hence it doesn't matter.


  • #30
    Truckermal
    Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    I always kept a fairly new car so purchased a 08 in 2009 and thought I will change again in 2011 for the new model then thought Nah I will buy it used in 2012 and so on. Now my car is 7 years old and I still don't know what to do. .


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  • #31
    Dozer Dave
    Banned (with Prison Access) Posts: 491 ✭✭Dozer Dave


    Tea 1000 wrote: »
    Seeing as no one is stupid enough to leave the forecourt and turn around and trade it back in again straight away, then no one knows for sure. Hence it doesn't matter.

    Ones financials affairs may deplete over night and it could be a very realistic scenario. It would matter in that case.


  • #32
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Tea 1000 wrote: »
    Save a grand? How though? If you're buying brand new with no trade-in then sure, you may as well if you want to, but it'll only benefit you if you sell within a few years.

    But there is a point, depending on circumstances. If you do a lot of mileage, then your own car will depreciate as much in that 6 months as a new one might save you. Or if your trade in is due work like a timing belt, a full service and some tyres they are all part of the factor. Plus you may well get a better deal in August, as opposed to January or February, because the dealer doesn't want yet another *insert model you're trading here* on his forecourt, so he'll give you a nice bit less for a trade in.
    So you can't come out with a blanket "one size fits all" statement.
    Only one thing is for sure, you'll lose money on cars. (unless it's a rare investment future classic!!)

    As a previous poster has sated a 161, will be worth up to a grand or more than a 152 in 3 or 4 years. That's a full years value for only six months. Whereas a 152 is worth nothing more than a 151 that's six months older.


  • #33
    Larbre34
    Registered Users, Registered Users 2 Posts: 25,222 ✭✭✭✭Larbre34


    It all goes to show Irelands reg system is still not fit for purpose, it creates undesirable peaks and troughs and trophy reg plates

    It should be a simple alphanumeric system with the date of registration limited to the motor tax tags and ownership documents. That would then only become an issue for overall valuation when trading the car.


  • #34
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    Larbre34 wrote: »
    It all goes to show Irelands reg system is still not fit for purpose, it creates undesirable peaks and troughs and trophy reg plates

    It should be a simple alphanumeric system with the date of registration limited to the motor tax tags and ownership documents. That would then only become an issue for overall valuation when trading the car.

    I agree with you, it's very Irish and parish pump for the nanny government to insist the year of the car and the county the first owner was from, is prominently displayed on the plate for the entire lifetime of the car, but we're stuck with it. I'm surprised they didn't manage to squeeze the first owners religion, sexuality and party political preference on there as well.


  • #35
    power pants
    Registered Users, Registered Users 2 Posts: 2,907 ✭✭✭power pants


    by 2018(for example) it will be down to spec, condition, service history mileage than the difference of 6 months.....


  • #36
    Tea 1000
    Registered Users, Registered Users 2 Posts: 4,520 ✭✭✭Tea 1000


    Dozer Dave wrote: »
    Ones financials affairs may deplete over night and it could be a very realistic scenario. It would matter in that case.
    Don't be daft!
    a postere wrote: »
    As a previous poster has sated a 161, will be worth up to a grand or more than a 152 in 3 or 4 years. That's a full years value for only six months. Whereas a 152 is worth nothing more than a 151 that's six months older.
    You don't seem to have understood what I typed. Maybe read it again.


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  • #37
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    power pants wrote: »
    by 2018(for example) it will be down to spec, condition, service history mileage than the difference of 6 months.....

    But all other things being equal, a December 2015 will be worth exactly the same as a January 2015 motor, and a yet a mere one month later up to a grand more as its a '2016'. In that case waiting a month gets you a full years extra value. So unless a dealer offers a very good deal on a 152 (which they usually don't), you get 12 months extra value added on for only waiting six months.


  • #38
    power pants
    Registered Users, Registered Users 2 Posts: 2,907 ✭✭✭power pants


    Only in theory

    the selling price is what someone values their car and what someone is willing to pay for it

    The seller could easily put his price the same as the 152 and get that price on a sale too


  • #39
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    power pants wrote: »
    Only in theory

    the selling price is what someone values their car and what someone is willing to pay for it

    The seller could easily put his price the same as the 152 and get that price on a sale too

    Tell that to a dealer when you trade in your 152 and look for a 161 value.


  • #40
    power pants
    Registered Users, Registered Users 2 Posts: 2,907 ✭✭✭power pants


    haha true. I wasnt even thinking about it from that angle:pac:

    ...the penny finally drops


  • #41
    catallus
    Closed Accounts Posts: 6,106 ✭✭✭catallus


    So it's settled so, we're waiting 'til 2018 before we buy a car?


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  • #42
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    catallus wrote: »
    So it's settled so, we're waiting 'til 2018 before we buy a car?

    Nope some lads are waiting to 2020, I'll be waiting a mere six months to get a full years extra value. As do most people, judging by the sales figures in January compared to June.


  • #43
    catallus
    Closed Accounts Posts: 6,106 ✭✭✭catallus


    Would that work out the same if I bought a 161 in July 2016?


  • #44
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    catallus wrote: »
    Would that work out the same if I bought a 161 in July 2016?

    Why not buy a 151 in July 2015, some dealers do deals on pre-regs (presuming your looking for a new car as opposed to a six month old second hand). All other things being equal, they'll be worth exactly the same as a 152, and counted as a full year old in January 2016.


  • #45
    Toyotafanboi
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭Toyotafanboi


    catallus wrote: »
    So it's settled so, we're waiting 'til 2018 before we buy a car?

    or you could wait until 2019 and it might be worth a few quid more when you sell it on :)


  • #46
    catallus
    Closed Accounts Posts: 6,106 ✭✭✭catallus


    a postere wrote: »
    Why not buy a 151 in July 2015, some dealers do deals on pre-regs (presuming your looking for a new car as opposed to a six month old second hand). All other things being equal, they'll be worth exactly the same as a 152 in 2016.

    But a 161 would be worth more than a 151 or a 152 on July 2016, I think.


  • #47
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    catallus wrote: »
    But a 161 would be worth more than a 151 or a 152 on July 2016, I think.

    it will, and for only waiting six months you'll be credited with full years extra value, whereas a 152 even bought in December, will only be worth the same as Jan 151.


  • #48
    catallus
    Closed Accounts Posts: 6,106 ✭✭✭catallus


    a postere wrote: »
    it will, and for only waiting six months you'll be credited with full years extra value, whereas a 152 even bought in December, will only be worth the same as Jan 151.

    You mean 6 months, right? Unless a new 152 is only worth as much as a 142?


  • #49
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    catallus wrote: »
    You mean 6 months, right? Unless a new 152 is only worth as much as a 142?

    No a 152 is only worth the just same as a six month old 151, whereas a 161 is worth more than a 152, even though the 152 might only be a few months old, it's still a only a 151's value.


  • #50
    catallus
    Closed Accounts Posts: 6,106 ✭✭✭catallus


    a postere wrote: »
    No a 152 is only worth the just same as a six month old 151, whereas a 161 is worth more than a 152, even though the 152 might only be a few months old, it's still a only a 151's value.

    I get that, but how is a 162 worth more than a 161 if I buy one in July '16?

    This really shouldn't be this complicated!


  • #51
    a postere
    Banned (with Prison Access) Posts: 194 ✭✭a postere


    catallus wrote: »
    I get that, but how is a 162 worth more than a 161 if I buy one in July '16?

    This really shouldn't be this complicated!

    I don't know you were talking about buying a 161 in July 2016 to save money, and I said why not buy a 151 in July 2015 and save the same amount.


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