Resale getting silly - Page 2

AdzT3-146 · 05-12-2008, 11:11 AM

in the paper yesterday brand new BF MKII SR with all the extras , $26,888 drive away.

18138 · 05-12-2008, 11:37 AM

Paid $25 Driveaway for demo 08 BF MKII SR dedicated gas about 6 weeks ago.

BF Tonner · 05-12-2008, 11:54 AM

Yer i paid $27 500 driveaway for my 08 bf cab chassis on gas a couple of months back, would be lucky to get $20k for it now...

damir05 · 05-12-2008, 12:27 PM

i just got ba xt mk2 april 2005 with 55000kms for 8 600 on pickles

whales · 05-12-2008, 12:43 PM

Today's Herald Sun cars guide have new VE 60th anniver. Commodores for $29990 drive away.......No wonder the used car market is stuffed.

Mr Hardware · 05-12-2008, 01:29 PM

Yeah, what a great idea! Lets pay interest on a rapidly depreciating asset!

Ususally, cars lose half their value every three years or so, throughout their life.

IE $30k new, $15k 3yrs old, $7.5k 6yrs old, $3.75k 9yrs old, $1.875k 12yrs old etc etc etc

**Professor Farnsworth** · 05-12-2008, 01:40 PM

Quote:

Originally Posted by Mr Hardware

Yeah, what a great idea! Lets pay interest on a rapidly depreciating asset!

while i've rarely done it, a lot of people have no choice but to do this. Some people even have to borrow to buy a $3000 car. That's just the way it is.

uranium_death · 05-12-2008, 01:42 PM

Quote:

Originally Posted by whales

Today's Herald Sun cars guide have new VE 60th anniver. Commodores for $29990 drive away.......No wonder the used car market is stuffed.

It's great if you're a buyer.

Forces down the price of a pre-owned vehicle big-time!
As somebody looking to purchase sometime, I'm licking my chops!

Mr Hardware · 05-12-2008, 02:44 PM

Quote:

Originally Posted by crackersINC

while i've rarely done it, a lot of people have no choice but to do this. Some people even have to borrow to buy a $3000 car. That's just the way it is.

Yeah, you're right crackers. I feel very sorry for people who do that.

Unco · 05-12-2008, 06:55 PM

Quote:

Originally Posted by Mr Hardware

Ususally, cars lose half their value every three years or so, throughout their life.

gee... i didn't know that. thanks captain obvious.

:

as far as this thread goes we're talking about spending, it's not about investing, so please don't come here to give a lesson on financials.

but if you want to continue with your angle, why buy a new car at all then if that's the way you think. even if you pay cash for it, it's still going to depreciate in value isn't it?

MITCHAY · 05-12-2008, 06:59 PM

My options would be endless if I was going to buy another car now, but I want a house more and already have a decent car. Some very good bargains to be had!

ehast13 · 05-12-2008, 09:37 PM

picked up a BF SR (spoiler, partial leather, sports susp, 17's etc) with 102,000k - $11990. 2 yr warranty, car yard. There are a few places around that specialize in reasonably new falcons.

Picked up a 2003 BA with 190k for $5990 two months ago

SpoolMan · 05-12-2008, 09:43 PM

Quote:

Originally Posted by flappist

I am looking to buy a couple of new cars and as large cars seem to be good value I was looking at BAs. I found a nice Ghia with 40k on it for $15k and nearly grabbed it until I wandered into the Nambour Ford shop.

2007 BF2 XT for $16k, Futura for $17k and XR6 for $21k all with 25-40km. Wot tha?

Obviiously they are ex rentals or whatever but how crap is the resale on B series?

At those prices I think I will give the Z a holiday and drive a BF2 for a while.

President Ford has brand new 2008 BF XT SR Pac, alloys, spoiler and a couple of other SR extra's $26,990 drive-away.

xr6turbo2005 · 05-12-2008, 09:53 PM

check out carsales.com.au 08 plated demo XT's 6500kms $20k driveaway.

Qld dealer - Denmac @ darra

GT0132 · 05-12-2008, 10:11 PM

There's gotta be some breakpoint below which prices just can't go.....If you can get into a brand new XT for mid 20's on the road you'll have a situation where people just won't buy new cars...If new prices come down in sympathy, which they seem to be doing to a point, then there's gotta be a flow on effect to build quality (already at a low ebb) so margins stay sufficient for dealers to want to remain in business.

I remember there was a similar problem in 1990/91...stockpiles of EA's that just couldn't be sold...advertised for $20g on the road....Things all corrected themselves in the end when people started spending again after Keatings "had to have" recession was over

Outbackjack · 05-12-2008, 10:34 PM

My BF XR8 with premo sound, leather, alloy spare, DVD, electronic rust control (from day 1) ipod input etc, etc, etc, is on the market for 26K. No nibbles. Simple lesson learned is. NEVER buy another new ford!! Simple.

GT0132 · 05-12-2008, 10:38 PM

Quote:

Originally Posted by Outbackjack

My BF XR8 with premo sound, leather, alloy spare, DVD, electronic rust control (from day 1) ipod input etc, etc, etc, is on the market for 26K. No nibbles. Simple lesson learned is. NEVER buy another new ford!! Simple.

This time last year when I was looking you couldn't get a good BF2 XR8 for much under $40k...Good luck mate...maybe worth keeping it

uranium_death · 05-12-2008, 10:55 PM

Quote:

Originally Posted by Unco

gee... i didn't know that. thanks captain obvious.

:

as far as this thread goes we're talking about spending, it's not about investing, so please don't come here to give a lesson on financials.

but if you want to continue with your angle, why buy a new car at all then if that's the way you think. even if you pay cash for it, it's still going to depreciate in value isn't it?

Go easy on Captain Hardware.
That statement was part of their argument.
Whether you agree or not, at least respect the fact that they're trying to contribute positively, rather than posting posting things in The Bar that have already been posted 30 times already.

I think Mr Hardware's post was a fair point.

gcg2503 · 05-12-2008, 11:33 PM

Quote:

Originally Posted by uranium_death

Go easy on Captain Hardware.
That statement was part of their argument.
Whether you agree or not, at least respect the fact that they're trying to contribute positively, rather than posting posting things in The Bar that have already been posted 30 times already.

I think Mr Hardware's post was a fair point.

well said

Unco · 06-12-2008, 12:24 AM

Quote:

Originally Posted by uranium_death

Go easy on Captain Hardware.
That statement was part of their argument.
Whether you agree or not, at least respect the fact that they're trying to contribute positively, rather than posting posting things in The Bar that have already been posted 30 times already.

I think Mr Hardware's post was a fair point.

ok, i just don't see how his post has contributed to this thread. sounds more like a case of sour grapes to me.

uranium_death · 06-12-2008, 12:29 AM

Quote:

Originally Posted by Unco

ok, i just don't see how his post has contributed to this thread. sounds more like a case of sour grapes to me.

He was simply stating how it doesn't make sense to finance a vehicle when on top of paying interest, you're losing massive amounts of value on that car. It's almost loss-loss. Merely an observation.

I agree that perhaps the view that some people have no choice was not taken into account in this their post, but still, it is better than an "I Agree" reply or something totally pointless (refer to 25% of my posts, you'll get an idea of pointless

)

I don't see it as sour grapes personally, but your interpretation is your own.

That's cool

Bad time to sell a Ford though. That is something we can all agree on (Sherlock Award for me...yay!)

SpoolMan · 06-12-2008, 12:37 AM

Stick to the topic guy's or I will remove the posts that want to debate another subject.
For comments that are off topic use a PM..

Lukeyson · 06-12-2008, 01:16 AM

i couldnt give a toss about depreciation, i am an enthusiest and buy a car because i love it an intend to keep it for years and years.

but for people who just buy a car to have a car, and update every 3 years, it would indeed suck balls the amount of coin you lose

Bearman · 06-12-2008, 12:12 PM

It's more than ever a buyers market now!! I'd love to get my hands on a runout BFII FPV, there's some killer deals going at the moment. The catch is my '03 BA XR6 is basically worthless now and would only get a kick in the nuts for a trade in.

Although I'm suffering from car-boredom-itis something chronic at the moment I'll keep the XR6, drive it 'till it's completely knackered then chuck it away. Now that interest rates are falling fast it's a great opportunity to knock a hole in the mortgage so for me at the moment buying a new car is not a good way to go.

Broomexr6 · 06-12-2008, 01:56 PM

Can buy a 07 plated new SR for 21k drive away up here. I received my XR on the employee incentive scheme so cost me 30k new back in march. Have been guaranteed 20k trade in on the FGXR6T when i receive it in feb/march next year. Current price quoted for it drive away is 35k but am looking at closer to 30k. Only issue is having to keep the car for a min of 12 months. Sucks a little seeing as i usually try and change over cars ever 6 months

Turbotory · 06-12-2008, 02:31 PM

I didnt realise how bad the 2nd hand market was until recently. Ive been trying to sell off an old celica and cant get a decent offer to save myself! All I get is morons texting me in the middle of the night with insulting offers... pretty sad if your trying to sell!

**buggerlugs** · 06-12-2008, 02:59 PM

If they guaranteed unleaded petrol to stay under $1.00 you'd have to be snapping up some lovely BA/BF XR8 Model Falcon, or Fairmont Ghia. Ah, if only............

mr smith · 06-12-2008, 04:31 PM

Quote:

Originally Posted by Turbotory

I didnt realise how bad the 2nd hand market was until recently. Ive been trying to sell off an old celica and cant get a decent offer to save myself! All I get is morons texting me in the middle of the night with insulting offers... pretty sad if your trying to sell!

Dont take low offers personally, contacting people late is poor form but more than ever expect low offers on anything for sale. I have just taken a block of land off the market, being offered 50-70k under what I wanted. I understand your frustration.

samsy351 · 06-12-2008, 04:31 PM

I bought my Manual BA GT a couple of weeks ago for 25 grand. Theres a few on Carsales.com at the moment starting at 26 grand !

Bobman · 06-12-2008, 04:40 PM

Quote:

Originally Posted by samsy351

I bought my Manual BA GT a couple of weeks ago for 25 grand. Theres a few on Carsales.com at the moment starting at 26 grand !

There was a manual GT-P for 20k on eBay and it did not get 1 bid.

A friend of mine tried selling his citric acid GT-P and the highest bids only reached 16k.

16k isn't cheap for a BF2 XT either, but I've seen BA prices really drop this year, which is good for the buyer. Some say the AU model was to blame for the poor resale for the B series.