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![]() | Home > General > Current downturn and your cars worth ?! |
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Lookers Park Royal Member Since: 15 Nov 2007 Location: London Posts: 2303 ![]() |
Theo,
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Theo_Pental Member Since: 10 Aug 2008 Location: Notts Posts: 113 ![]() ![]() ![]() |
James
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Smarticus Member Since: 26 May 2005 Location: Northumberland Posts: 939 ![]() ![]() ![]() |
..careful, their share price fell 60% yesterday, rumours of breaching banking covenants and auditors expressing significant doubts about its ability to continue as a going concern. The Icelandics bought a big slice of it last year, which seems nicely timed (not). The Icelandics seemed to be investing huge amounts in recent years on UK companies that now are mostly worth a fraction of their former value. I suspect there will definitely be falling sales of RRS in Iceland this year. Just imagine what losses the leasing companies are suffering. The deals available on early TDv6 and TDv8 models assumed far far better residuals than are going to be available, so said leasing companies take very big hits everytime they take one of these vehicles back. I suspect they will soon either jack up their rates or no longer quote for business on big 4x4's, unless the deal is underwritten by the manufacturer. One "collectors item" model that is now becoming far far cheaper is the LR Defender V8 petrol, auto, 50th anniversary edition. Only 350 of these were built. These are now best part of 10 years old, but last year still routinely changed hands for low - mid teen thousands. Now there are deals a good bit lower than that. Most have been cherished from new and represent a high point in the Defender's history. I am off to view one this afternoon and hope to close a deal at £7k. RRS TDv8 HSE Rimini Disco 4 TDv6 HSE Ipanema Defender 90, 200tdi CSW |
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Lookers Park Royal Member Since: 15 Nov 2007 Location: London Posts: 2303 ![]() |
Good luck with the viewing, they are a fantastic piece of kit, and something I've always hankered after myself. James ![]() |
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Pelyma Member Since: 28 Sep 2005 Location: Sussex Posts: 1497 ![]() ![]() |
JJB Sports sales fell 5.6%, it is their margin that increased to selling more own brands. They describe the high street as the toughest conditions ever |
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ChrisP Member Since: 26 Jan 2008 Location: Derbyshire Dales Posts: 1392 ![]() ![]() ![]() |
James,
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Lookers Park Royal Member Since: 15 Nov 2007 Location: London Posts: 2303 ![]() |
Thanks for the comments Chris, much appreciated.
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BIRDY Member Since: 04 Nov 2006 Location: UK Posts: 213 ![]() ![]() ![]() |
James what would you pay for an 08 TDV8 with DVD screens in the back, TV, side steps, 20" wheels, black with black, zebrano trim, removable tow bar,factory tints,black badges inside and out,unmarked with 9000miles,HST front grill and side vents, chrome miror covers. i`m considering getting rid but it depends on what its worth for someone to buy. Cost was just uover £58K Blick with blick windows, big wheels, tow bar for nickin, side steps for the tart, DVD screens for on the go porn, 22" Stormers black and polished... as a matter of fact just about every box ticked.....if I`m going down I`m going down BIG time. ![]() Ducati 1098S for the road and track and KTM 250EXC smoker for the mud. |
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BIRDY Member Since: 04 Nov 2006 Location: UK Posts: 213 ![]() ![]() ![]() |
Supplied by Marshalls Bedford Blick with blick windows, big wheels, tow bar for nickin, side steps for the tart, DVD screens for on the go porn, 22" Stormers black and polished... as a matter of fact just about every box ticked.....if I`m going down I`m going down BIG time. ![]() Ducati 1098S for the road and track and KTM 250EXC smoker for the mud. |
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will_wonka Member Since: 03 Mar 2007 Location: Tminus 12 months for the RS Sport Supercharged!! Posts: 3377 ![]() ![]() |
Yep, great post James |
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Very Annoyed Site Moderator Member Since: 23 Aug 2005 Location: bat-wielding monkey-spanking tough-love zero-tolerance Euro-sceptic moderator - So just watch it! Posts: 19459 ![]() ![]() |
Probably should post this is spotted!
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will_wonka Member Since: 03 Mar 2007 Location: Tminus 12 months for the RS Sport Supercharged!! Posts: 3377 ![]() ![]() |
![]() ![]() ![]() It was Aldi ![]() ![]() 5 series for the miles ![]() RRS S/C factory built HST - Gone 45 others have been and gone! |
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Tim in Scotland Member Since: 30 May 2005 Location: Driving along in my automobile Posts: 17476 ![]() ![]() |
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Theo_Pental Member Since: 10 Aug 2008 Location: Notts Posts: 113 ![]() ![]() ![]() |
Birdy Hi, well Im not an expert or a trader but I do have recent experience of actually looking to buy an 08 plate TDV8 Your extras are nice but as all dealers have ever said to me at part-ex they will help shift the car but are not worth a penny in trade in over book Please note that 'book prices' are a very unreliable concept at the moment I have been offered TDV8's on 08 plates with approx 6000 miles for well under 40k Most are advertised at 40k or under but with only a little negotiation the price tumbles This is from franchised dealers not private sellers, but as long as the car is UK spec with warranty Im not really bothered So assuming dealers are asking 36k for a sale ( the one I mentioned earlier at 34 was after serious negotiation and was very leggy) it doesnt take much to subtract VAT and 10& margin or so to find what you will be offered trade Good luck By the way Im actually not fishing to knock you down to deal All of the news we are having this and last week suggests the market for big cars is not getting better anytime soon I happen to still want one and am now very happy to wait till Nov/Dec Cheers Theo |
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