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BANGERNOMICS (sub2k) of the week/day

BorneTobyWilde

Modnote - Thread moved to new thread because the other one was near 10k posts.

Bangernomics part 5 here
http://www.boards.ie/vbulletin/showthread.php?t=2057493741

Bangernomics rules:
Under €2000
Valid NCT
Something you'd actually drive yourself
VRT paid
__________

https://www.donedeal.ie/cars-for-sale/2005-bmw-520i-nct-05-18/15133222

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nct 5/18
2005

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duffman3833

Gravelly wrote: »

There are 3 types of bangernomics drivers, the ones like you that buy them because they are cheaper to own over the long term, the ones like me that buy them because they are fun or interesting, and the people who buy them because that's all they can afford. I'm not sure a Lancer would appeal to any of them.

i bought mine cause it is a hoot to drive and cheaper to run long term. Had a newer car but any time i wanted to upgrade i lost so much on deprecation so gotta love bangers

Agricola

Duke O Smiley wrote: »

My parents have a TT nearly identical to that taxed, NCT'd and insured (on a classic policy) for a good bit less than that. That one is for sale a while. I don't know if theres something wrong with it, but the one my folks bought was for sale an age too. I think its just that nobody wants em.

Mind me asking what year that TT is and who they have it covered with? I've a classic policy with autoline and they seem to be telling me they strictly only cover cars 20 years or older with exceptions made for "interesting" stuff. I read on here about a guy who had a 2001/02 205 GTI on a classic policy for example.

I wouldn't mind picking up something like a 99/00 TT for a while and add it on, but I dunno if they'd cover it.

Gravelly

duffman3833 wrote: »

i bought a €800 bangernomic simply because even tho the tax and all is higher, it works out cheaper to own over a year as there is practically no depreciation on the car comparing to buying a €10k car that will lose roughly €2k or so a year on top of running costs etc

That's true, though how many buyers out there would buy a €1k Lancer if they had the choice of any other car? Maybe I'm missing some attraction of Lancers (I've never owned one). I've owned bangernomics cars in the past, but I bought them because they were unusual, interesting, or just caught my fancy. To me, a Lancer is one of the most boring cars I can think of, though as I say, I could be wrong as I've never driven one. There are 3 types of bangernomics drivers, the ones like you that buy them because they are cheaper to own over the long term, the ones like me that buy them because they are fun or interesting, and the people who buy them because that's all they can afford. I'm not sure a Lancer would appeal to any of them.

duffman3833

Gravelly wrote: »

Oh I'd agree it looks like fine, but if you are a buyer with only €1k to spend, would you buy a car that costs that much to tax, not to mention the fuel cost of a 1.6 over, say a 1.0? Then there's the insurance hike for it being over 10 years old. There's quite a few cars available at that budget that are under 10 years old, and have smaller engines, and I'd imagine for someone on a €1k budget, running cost would be key.

i bought a €800 bangernomic simply because even tho the tax and all is higher, it works out cheaper to own over a year as there is practically no depreciation on the car comparing to buying a €10k car that will lose roughly €2k or so a year on top of running costs etc

Gravelly

acronym Chilli wrote: »

I'd agree €950 is high, but the car looks fairly clean/straight (if basic) and can still have some utility value.

Oh I'd agree it looks like fine, but if you are a buyer with only €1k to spend, would you buy a car that costs that much to tax, not to mention the fuel cost of a 1.6 over, say a 1.0? Then there's the insurance hike for it being over 10 years old. There's quite a few cars available at that budget that are under 10 years old, and have smaller engines, and I'd imagine for someone on a €1k budget, running cost would be key.

acronym Chilli

Gravelly wrote: »

Is a 13 year old Lancer with over 100k miles on the clock that costs over €500 a year to tax worth €950? I thought it would be pretty much unsellable at any price other than scrap value.

I'd agree €950 is high, but the car looks fairly clean/straight (if basic) and can still have some utility value.

Gravelly

zerks wrote: »

https://www.donedeal.ie/cars-for-sale/mitsubishi-lancer-04-petrol/16366914

2004 Lancer,€950. NCT til April 2018.

Is a 13 year old Lancer with over 100k miles on the clock that costs over €500 a year to tax worth €950? I thought it would be pretty much unsellable at any price other than scrap value.

Cantona's Collars

https://www.donedeal.ie/cars-for-sale/mitsubishi-lancer-04-petrol/16366914

2004 Lancer,€950. NCT til April 2018.

Gravelly

wonski wrote: »

Tt sold now...

I sent that ad to a friend after you posted it, wonder if he managed to buy it that quick, must text him!

Greybottle

Gravelly wrote: »

Would you bother though? If I was going to buy a 90's "weekend" car, it would either be a sportscar for a bit of fun, or an estate for practicality. This would just be like my everday car except less comfortable, slower, and uglier.

Different strokes for different folks I guess. I like that Passat.

Can see the attraction of the TT as well.

wonski

Tt sold now...

grogi

wonski wrote: »

+1

I would rather buy this good looking tt with this budget in mind:

https://www.donedeal.ie/cars-for-sale/audi-tt-quattro/15872521

NCT 10/18, taxed until the end of September.

What was it? It's gone already...

Gravelly

Duke O Smiley wrote: »

Yeah I've told my parents to hang onto theirs for a while yet. Early original low milers will be surely go up in value in the next while. Perhaps when they hit 20 y/o?

They'll started climbing in value from 20 years I'd say, but they will start to be worth serious money once they hit 30 and qualify for classic tax (as long as that doesn't change) and get scarce. A lot of car enthusiasts start to buy stuff like this when it's 20-25 years old. You can see it at the moment with Merc 190's - lots of lads hoarding them.

Duke O Smiley

Yeah I've told my parents to hang onto theirs for a while yet. Early original low milers will be surely go up in value in the next while. Perhaps when they hit 20 y/o?

Gravelly

Duke O Smiley wrote: »

My parents have a TT nearly identical to that taxed, NCT'd and insured (on a classic policy) for a good bit less than that. That one is for sale a while. I don't know if theres something wrong with it, but the one my folks bought was for sale an age too. I think its just that nobody wants em.

Yeah the lads in our garage tell me they are hard to shift - a combination of high insurance cost, and a "hairdressers Porsche" perception. A lot of them I know of are driven by car enthusiasts. I'd say they will be a gold-plated classic in time.

Duke O Smiley

My parents have a TT nearly identical to that taxed, NCT'd and insured (on a classic policy) for a good bit less than that. That one is for sale a while. I don't know if theres something wrong with it, but the one my folks bought was for sale an age too. I think its just that nobody wants em.

Gravelly

wonski wrote: »

+1

I would rather buy this good looking tt with this budget in mind:

https://www.donedeal.ie/cars-for-sale/audi-tt-quattro/15872521

NCT 10/18, taxed until the end of September.

Now that's a proper weekend car. Absolute bargain at that price, especially with the belt & clutch done. Keep a few quid aside for a replacement turbo and you've a car for years.

Gravelly

JohnBoy26 wrote: »

Cortinas wouldn't and they are classics.

True, but Cortinas are "dad cars" and don't look like a generic eurobox the way Starlets do. They are also positively old-school unlike that Starlet.

wonski

Gravelly wrote: »

Would you bother though? If I was going to buy a 90's "weekend" car, it would either be a sportscar for a bit of fun, or an estate for practicality. This would just be like my everday car except less comfortable, slower, and uglier.

+1

I would rather buy this good looking tt with this budget in mind:

https://www.donedeal.ie/cars-for-sale/audi-tt-quattro/15872521

NCT 10/18, taxed until the end of September.

JohnBoy26

Gravelly wrote: »

To be fair, escorts have the whole rally following thing that Starlets don't.

I think that Starlet will probably make the asking price though, as, for some reason I don't really get, they have a following. Possibly due to the fact that many people now in their 30's/40's learned to drive in them.

Cortinas wouldn't and they are classics.

Gravelly

Greybottle wrote: »

Nice Passat, ideal 2nd car. alloys are worth a few quid on their own as well.

NCT 04/18 €1,500

https://www.donedeal.ie/vintagecars-for-sale/new-nct-95-vw-passat-cl-72-000miles/15984005

Would you bother though? If I was going to buy a 90's "weekend" car, it would either be a sportscar for a bit of fun, or an estate for practicality. This would just be like my everday car except less comfortable, slower, and uglier.

jelutong

€1,500 is way over the top for that Passat.

Greybottle

Nice Passat, ideal 2nd car. alloys are worth a few quid on their own as well.

NCT 04/18 €1,500

https://www.donedeal.ie/vintagecars-for-sale/new-nct-95-vw-passat-cl-72-000miles/15984005

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Gravelly

JohnBoy26 wrote: »

And the likes of a ford escort isn't too ordinary?

To be fair, escorts have the whole rally following thing that Starlets don't.

I think that Starlet will probably make the asking price though, as, for some reason I don't really get, they have a following. Possibly due to the fact that many people now in their 30's/40's learned to drive in them.

bazz26

Terrible alignment between the front bumper and bonnet/wings. Multiple shades of paintwork too by the looks of it.

jharr100

https://www.donedeal.ie/cars-for-sale/2006-toyota-avensis-d4d/16378309

Clean looking avensis , mileage a little high but lots of maintenance appears to have been done. Great workhorse.

Greybottle

What the hell. It's €2950 with over €1,000 of tax on it which makes it Bangenomics (in theory). Needs plenty of cosmetic work, but the value of this is only going one way. And yes, I've posted it in classics and Luxobarge threads, but if I had the space I'd honestly go have a look and buy it if it needed nothing major.

https://www.donedeal.ie/cars-for-sale/mercedes-cl-420/15834985

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JohnBoy26

rizzodun wrote: »

Gearbox failure wasn't an issue with these as far as I'm aware, more that the linkage became very worn and it felt like stirring a large pot selecting a gear.
Had two and never had an issue with the gearbox.

Timing chain stretch was an issue however, but again, down to the good ol' Irish maintenance regime, my 2004 with well over 150k miles was running as sweet as a nut compared to a mates 06 with considerably less mileage, but I serviced mine religiously.
In 3 years and 3 NCT's I didn't have one issue, the emissions actually reduced every year, and the car is still on the road another two years on.

Other than that rust along the sills and front cross member needs to be watched.

I have a certain fondness for them as mine served me very well, and my wife learned to drive in one, but they can't hold a candle to comparable Honda's or Toyota's of the same age.

Gearboxes were absolutely an issue on these and the chain issues can't be blamed on irish maintenance because it was a widespread issue due to poor quality. The previous model didn't have any issues with chains and there was plenty of those sold here back in the day.

selectamatic

bazz26 wrote: »

Will be back later on for near twice the price.

Tbh I don't think it will be back for double the price. Most likely back for much the same price when the tax is out. Mightn't be back at all.

They've fallen off a cliff price wise the last few months 03 ones selling for near 1k with plenty of test and that's up around the outskirts of Dublin where cars are easiest sell. There's plenty of
05 -07 ones up for around 3k but very few selling quickly which leads me to believe they're going for closer to 2k than sellers are letting on.

All good news for prospective buyers cos they've a great engine, reliable enough drivetrain and a reasonable towing capacity of 2200kg. Finnicky enough in the electrics department though according to honest john and the likes.

166man

bazz26 wrote: »

Will be back later on for near twice the price.

I don't see anything wrong with that...do you?