Hi people, I\'ve been the proud owner of a Rex for the past year but circumstances have forced me to put it up for sale:mad:
I thought I\'d be able to sell her without a problem, had a recent re-build (with invoice as proof) and a respray and the car is a very nice clean example of an RX7 and I believe I am selling her at a cheap price (up for £4750)!
I have had next to no interest, not even many questions about the car.....I know petrol consumption on these is a bit heavy but I am very surprised how the bottom has dropped out of the market, are others experiencing the same issues.
If I don\'t sell her soon, I am going to take her off the road because I ain\'t giving a car like this away for next to nothing :3Confused
Its the market at the moment, two people I know who are and have been very successfull secondhand car dealers have both given up and got a proper job because not even the cheap student banger market is any good at the moment
Any links to the car that you are selling, would be worth having a look.
http://mazdarotaryclub.com/forums/showthread.php?p=715194#post715194
theres the link, up for sale on pistonheads and the ebay
Seems this topic will rage and rage, prices have been dropping for about a year or more, its not just rx\'s, you can find 500 hp r33\'s for £5k or so!
Infact its most cars, i had a friend loose £30k or so on a R8, probably did less than 1500 miles in it in 8 months.
Hence the reason so many are breaking decent cars, they are just worth more in parts and as more performance parts come on the market at sensible money, the cars with them on slide too, its a viscous circle.
Free bump and good luck with the sale.
Netherlands the same, only if talking about japanese cars its major cause is that you guys sell them so cheap.
Its just to easy to go get one in the uk for nice price that a car in good shape in the netherlands sells for half what it did a year or 2 years ago if it sells at all.
You would actually think the current poor exchange rate to the yen would help, however, i now hear the auctions in Japan are over flowing with cars and a few uk auction sites will be re opened due to the price drop over there!
No mystery here, I think. Everyone\'s going bust, being made redundant or just simply struggling to feed and clothe themselves because the UK is now in a worse financial state than many Third World countries.
Funnily enough, this means that many people currently aren\'t looking to buy a car that gets eight mpg, makes you go sterile from cooking your nads, deaf from exhaust and toxic from emmissions yet at the same time only allows you to pack nothing larger than a toothbrush, no matter how long you\'re going away for.
No reflection intended on the car for sale by the OP, I\'m sure it\'s lovely :Thumbs-up
Hmm I disagree... I find the market is pretty good.
We were just discussing this on the weekend (myself and another well known chancer in the Car scene) that FD prices have improved somewhat over a year ago.
And I am saying this from more of a buyers point of view..
On the plus side, it\'s never been cheaper to buy a gas guzzler :Giggle
True, can get loads of jap car for your money at the minute but I can believe the lack of interest, my car is in good nick its ending on pistonheads & ebay today and I haven\'t got a single question or phone call on it (starting at 3k)...hell fook it I\'m gonna keep it and buy a shed car for the winter!
This thing is way to nice to give away....girlfriend won\'t be happy meant to be getting funds together for house :rolleyes:
Quote from: jetpilot;715247You would actually think the current poor exchange rate to the yen would help, however, i now hear the auctions in Japan are over flowing with cars and a few uk auction sites will be re opened due to the price drop over there!
The problem with that is the currency is working in our favour for export.
To sell an item for £100 to the states used to cost over $200, now it is $150. Even more so with the Yen. It does make me wonder what is going to happen to the items that are sold from Japan, as either the cut their profit margins or they are going to have to increase the prices substantially! The Yen has gone from approx 250 to approx 125 in the last 3 years....thats half! :o So you buy a fuel rail that cost £200 and now in theory it should cost £400
My fear for the lack of demand on the cars is that it will devalue the cars even further. Encouraging even more people to buy them that cant afford to run them. It really is a shadow of its former self...£39k from new!
As for the market in general, there was a report on the news yesterday morning that the used car market has picked up 10 fold! They believe that fewer people are buying new cars, and so buying the demo cars or very nearly new....this has a knock on effect to pushing up the rest of the market.
Does anyone think the scrappage scheme had a de valuing effect on the 2nd hand car market.
I think the reverse, there are a lot less cheap run arounds to buy now, cars you used to be able to pick up for £500 seem to have up in value to about a £1000.
Seems the scrapage scheme has made the supply of cheap runarounds smaller
I will never understand the scrapage scheme!
Why was it aimed at all cars? You could use it to get £2k off a Lambo if you wanted!
How did it work for our economy? It kept jobs in the garage sales industry....but that was in the best interest of the country supporting the cars manufacturing.
Personally I think the money should have only been applicable to cars such as some of the Nissans, Hondas and any other car that is manufactured here...so protecting jobs! I still cant figure out why handing £2k towards a BMW helped us?
Jon, no-one bought BMWs under the scrappage, because the only people who exploited the scheme were idiots who know or care nothing about cars. Which is why they had hitherto been happy to trog about in sub-2k shltboxes....which they then scrappage-ed for a new Hyundai because they know/care so little about cars that they think a five-year warranty is the most important factor in chosing a new car, not having the brain God gave the hole in a cow\'s arse to see that by the time the warranty has expired your average (and I do mean average) Hyundai will be worth a bag of crisps. Only with slightly worse build quality :mad:. The only way scrappage would have helped Britain is if everyone bought Micras, Civics, Transits or Rolls-Royces under the scheme, as they\'re the only cars still actually made in Britain :3Confused
I was going to put Rolls instead of Lambos...but then realised that actually they are made near you aren\'t they? Just near Goodwood.
It could have been a real boost to the British car industry....but I think the government ....ed up monumentally with the way it ran the scheme!!
I cant believe everyone used it to buy Hyundai\'s though....as they processed 200,000 cars! Thats a lot of taxis!!
I\'m basing that on a straw poll of the people at work who availed themselves of the incentive....all of whom bought Hyundais. Which was three.....not a statistically accurate sample, I\'ll grant you, but I bet it\'s represenative of the sort of thing that happened (or maybe says a lot about the sort of tragic people I work with lol). I reckon most people bought from the showroom offering the best finance package/warranty/etc rather than bought a specific model of car because they aspired to own it. The sort of people who had cars worth trading in under the scrappage scheme are the sort of people who just don\'t care about cars, all they want is the cheapest transport possible.
You do have a point, but not everyone has a passion for cars to the likes of you and I :)
Some people, and dare I say it, just buy a car to get them from A2B and dont really care how they look or how fast it gets them there! More and more people are starting to care more about the environmental actions of buying the car (not sure how an Hyundai fits in there) rather than speed and comfort even.
As bonkers as that is, it is horses for courses much like you probably laugh everytime someone takes down your number as you speed past them on the platform!
Its most likely that people dont have the spare cash for a weekend car anymore, its difficult to run more than a few cars and insure and tax and then pay for the high fuel consumption as a weekend user.
Belts are being tightened sadly
A friend of mines girlfriend used the scheme to buy a Fiat 500 Abarth!