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Bangernomics car of the week/day part III
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http://cars.donedeal.ie/cars-for-sale/03-jaguar-s-type-2-5-mint-bargain-1995/6518584
€1995 NCT 'til December.
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cant believe all the €500-600 taxed and NCTd Micras and Fiestas I skipped over all last year and now theres nothing, is it the time of year Im looking or something?
It's the continued recession
You observed right. Small cars with small engines that are cheap to run are in demand now, that's why they are a lot more expensive than 3-4 years ago where indeed you could pick up a half decent NCTd Micra for €500
€2k for a 14 year old Yaris is brutal value for money, but there is nothing you can do about it though. Few people selling these cars and many people wanting to buy
Good value is where the opposite is the case. Everybody selling and nobody buying. Point in case are relatively new ('03-'05) big 2l and over petrol saloons, which are cheaper in Ireland than anywhere else in the world. That's where there is a lot of bangernomics value for money and fortunately not many people get this
My ads on adverts.ie:
Victron stuff for sale, Multiplus-II, Quattro, other inverters and batteries and usually some watches!
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It's the continued recession
You observed right. Small cars with small engines that are cheap to run are in demand now, that's why they are a lot more expensive than 3-4 years ago where indeed you could pick up a half decent NCTd Micra for €500
€2k for a 14 year old Yaris is brutal value for money, but there is nothing you can do about it though. Few people selling these cars and many people wanting to buy
Good value is where the opposite is the case. Everybody selling and nobody buying. Point in case are relatively new ('03-'05) big 2l and over petrol saloons, which are cheaper in Ireland than anywhere else in the world. That's where there is a lot of bangernomics value for money and fortunately not many people get this
Yeah I would feel disgusting passing over nearly 2000 euros for a 14 year old Yaris. Good car for what it is but 2000 euro? Ugh.
Such is the market though.0 -
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It's the continued recession
You observed right. Small cars with small engines that are cheap to run are in demand now, that's why they are a lot more expensive than 3-4 years ago where indeed you could pick up a half decent NCTd Micra for €500
€2k for a 14 year old Yaris is brutal value for money, but there is nothing you can do about it though. Few people selling these cars and many people wanting to buy
Good value is where the opposite is the case. Everybody selling and nobody buying. Point in case are relatively new ('03-'05) big 2l and over petrol saloons, which are cheaper in Ireland than anywhere else in the world. That's where there is a lot of bangernomics value for money and fortunately not many people get this
I imagine anything that was half decent in cheap Micra sized car land is already in the hands of someone that either a) keep driving it or b) will scrap it if something big goes in it.
The thing on the big petrols though - I don't think its just about the tax/extra running costs.
But some people just don't like driving bigger cars simply because they don't feel comfortable behind the wheel of a bigger car.
That on its own would push up demand for smaller cars even if our tax system on the CC system was even remotely in the same ball park as sensible.
I agree with you on the 14 year old 2 grand yaris - could never bring myself to pay that much for a 14 year old car.0 -
Old diesel wrote: »The thing on the big petrols though - I don't think its just about the tax/extra running costs.
Agreed. It's about perception of high running costs, which more often than not is irrational and not based on some simple calculations
The same reason a lot of people scrapped their perfectly fine 10 year old cars to buy new small economical diesels
In many cases their new car will cost them more in deprecation alone in the first year than the total cost of owning their own old car was, including tax, insurance, maintenance and petrol My ads on adverts.ie:
Victron stuff for sale, Multiplus-II, Quattro, other inverters and batteries and usually some watches!
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The thing is though, you will get a good bit of that back when it comes time to re-sell and in between you won't have to spend much on maintenance on it apart from the usual consumables, it will also be cheap to run with low fuel bills and small tax. A half decent Yaris will also be very easy to sell on.Old diesel wrote: »I imagine anything that was half decent in cheap Micra sized car land is already in the hands of someone that either a) keep driving it or b) will scrap it if something big goes in it.
The thing on the big petrols though - I don't think its just about the tax/extra running costs.
But some people just don't like driving bigger cars simply because they don't feel comfortable behind the wheel of a bigger car.
That on its own would push up demand for smaller cars even if our tax system on the CC system was even remotely in the same ball park as sensible.
I agree with you on the 14 year old 2 grand yaris - could never bring myself to pay that much for a 14 year old car.0 -
Agreed. It's about perception of high running costs, which more often than not is irrational and not based on some simple calculations
The same reason a lot of people scrapped their perfectly fine 10 year old cars to buy new small economical diesels
In many cases their new car will cost them more in deprecation alone in the first year than the total cost of owning their own old car was, including tax, insurance, maintenance and petrol
Deliberately leaving out depreciation AND purchase price of the new car from calculations completely skews the picture.
As does choosing to completely ignore all the reports of big bills on newer diesels - and thus pretending that repair costs will be nil on the new car even over 5 years or so.
That's how they manage to justify the newer car - in my experience anyway
Excel is a marvellous tool - but for best results - it needs the correct data 0 -
Old diesel wrote: »Excel is a marvellous tool - but for best results - it needs the correct data
I'd hazard a guess that 80% of buyers of new small diesel cars have never even used Excel, never mind using it correctly with correct data My ads on adverts.ie:
Victron stuff for sale, Multiplus-II, Quattro, other inverters and batteries and usually some watches!
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Maybe more of a fixerupper but it does have some NCT...
****e photos don't do a great old car justice.
http://cars.donedeal.ie/cars-for-sale/audi-100/6531012
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