BHM 994 Posted February 1, 2018 Who’s buying this massively overpriced stock? Washington’s been a joke recently for bottom & mid-range stock. Traders fighting over 10-15yr old pure shite that if a private man presented it to me as a p/x I wouldn’t even offer him the Manheim gate money. Stock that should be £1500-2500 is making £2000-3000 before the gate money. I’m sorry, but how on earth is anyone making money on this stuff? I just hope it’s not f***ed when it’s driven out otherwise that’s more money, some lads must have £3000 in £2000 cars. Share this post Link to post Share on other sites
Rory RSC 596 Posted February 1, 2018 8 minutes ago, tradex said: I guess these idiotic prices are driven by guys with stocking loans to service, makes one desperate. I don't quite get this view - If I buy a car using a stocking loan I sure as hell need to be making money on the car otherwise I have stocking charges, auction fee and no profit. I don't think its a case of get a stocking loan, pay fortunes for everything, not sell anything for profit and make a loss on every car. Hardly bought anything cash / loan or otherwise this week. The stuff I shortlist is making crazy money and I have been quite restrained, I feel next week or so things will level out. Fingers crossed anyway. Very low on stock. 2 Share this post Link to post Share on other sites
metcars 395 Posted February 1, 2018 4 hours ago, BHM said: Who’s buying this massively overpriced stock? Washington’s been a joke recently for bottom & mid-range stock. Traders fighting over 10-15yr old pure shite that if a private man presented it to me as a p/x I wouldn’t even offer him the Manheim gate money. Stock that should be £1500-2500 is making £2000-3000 before the gate money. I’m sorry, but how on earth is anyone making money on this stuff? I just hope it’s not f***ed when it’s driven out otherwise that’s more money, some lads must have £3000 in £2000 cars. Personally, with the bits I buy, if its clean I don't even bother walking in to watch. 1 Share this post Link to post Share on other sites
metcars 395 Posted February 1, 2018 Are we all comfortable buying diesels. I'm feeling customer resistance recently and rarely have any, but I can see the time when they'll become the poison chalice. Share this post Link to post Share on other sites
NOACROSS 414 Posted February 1, 2018 Our customers are turning their nose up at just the mention of the word we've found over the last 18 months or so. Has been mentioned on here a few times: I like some others, have sworn the pledge against buying any diesels a while back. Especially heavier stuff. If a diesel comes in PX I'm v. hard on it. However- price range diesels up to 3 grand ish seem to sell still. Not that we're particularly busy the last couple of months... Share this post Link to post Share on other sites
metcars 395 Posted February 1, 2018 48 minutes ago, NOACROSS said: Our customers are turning their nose up at just the mention of the word we've found over the last 18 months or so. Has been mentioned on here a few times: I like some others, have sworn the pledge against buying any diesels a while back. Especially heavier stuff. If a diesel comes in PX I'm v. hard on it. However- price range diesels up to 3 grand ish seem to sell still. Not that we're particularly busy the last couple of months... When the prices for diesels start catching up at the block it's going to be mighty tough not sticking my hand in the air! Share this post Link to post Share on other sites
Arfur Dealy 823 Posted February 1, 2018 Diesel estates are my bread and butter, I’ve not noticed a drop off of sales, lots of buyers need an estate and they’re aren’t hardly any 10 year old petrols available. The 10 year old prestige diesel estate market IMO is alive and kickin... Plus I’m still nicking a couple a week on the block.. Share this post Link to post Share on other sites
D7neo 5 Posted February 1, 2018 On 1/31/2018 at 4:35 PM, sparky said: I knew buying would be tough this month, but it's now to take the ****. Thing is, I can't see prices being sensible in Feb either so bugger it, I'm buying a few more shipping containers. and do what with them? Share this post Link to post Share on other sites
have a word with the wife 299 Posted February 1, 2018 2 hours ago, D7neo said: and do what with them? put things in them 1 Share this post Link to post Share on other sites
sparky 274 Posted February 2, 2018 Or charge people to put things in As for diesels, being fairly rural most of my punters want low tax and economy so there really is no other option for the foreseeable future. Can't comment on the new stuff, but the 5-10 year old diesel market is alive and kicking from what I'm seeing. Share this post Link to post Share on other sites
Rory RSC 596 Posted February 2, 2018 Diesels are fine here not really seeing any problems. Share this post Link to post Share on other sites
Jack Regan 116 Posted February 2, 2018 Sold 3 diesels this week ,at the moment they are selling ok. 17 hours ago, D7neo said: and do what with them? Fill em up with the idiots that are paying to much for cars ... Share this post Link to post Share on other sites
NOACROSS 414 Posted February 2, 2018 What price ranges are you getting out the door? All? I can't sell any diesel over 4k and then it's hard. Share this post Link to post Share on other sites
Jack Regan 116 Posted February 2, 2018 25 minutes ago, NOACROSS said: What price ranges are you getting out the door? All? I can't sell any diesel over 4k and then it's hard. Under 3 Share this post Link to post Share on other sites
NOACROSS 414 Posted February 2, 2018 Yeah- that's the price point/ wish I had them that price. I've only got one (lovely) old 407 estate at that price and 20 other diesel units up 6-15k going nowhere still. Share this post Link to post Share on other sites
BHM 994 Posted February 2, 2018 My £4K stock is gathering dust. Plodding on with run of the mill shite up to £2K, miley (so it looks like flash for not much cash) 4x4 & 7 seaters up to £3K. I’ve got a couple of average mileage Rav4s that I’ve not opened the door on, FTSH etc. I’ve carved the balls off the prices cos I’m sick of looking at them but to zero effect. Yet, 2 big p/x vehicles with an eyewatering 160Kish each flew out of the door in days, so quick that I bought in another 2 & they followed suit. All with proper profit across them. It doesn’t make sense to me. Share this post Link to post Share on other sites
metcars 395 Posted February 2, 2018 4 hours ago, BHM said: My £4K stock is gathering dust. Plodding on with run of the mill shite up to £2K, miley (so it looks like flash for not much cash) 4x4 & 7 seaters up to £3K. I’ve got a couple of average mileage Rav4s that I’ve not opened the door on, FTSH etc. I’ve carved the balls off the prices cos I’m sick of looking at them but to zero effect. Yet, 2 big p/x vehicles with an eyewatering 160Kish each flew out of the door in days, so quick that I bought in another 2 & they followed suit. All with proper profit across them. It doesn’t make sense to me. Rav 4 has suddenly gone out of fashion for some reason. They used to be easy sellers round these parts. As regards the 160k, I am finding that mileage doesn't put punters off like it used to Share this post Link to post Share on other sites
Arfur Dealy 823 Posted February 2, 2018 4 hours ago, BHM said: My £4K stock is gathering dust. Plodding on with run of the mill shite up to £2K, miley (so it looks like flash for not much cash) 4x4 & 7 seaters up to £3K. I’ve got a couple of average mileage Rav4s that I’ve not opened the door on, FTSH etc. I’ve carved the balls off the prices cos I’m sick of looking at them but to zero effect. Yet, 2 big p/x vehicles with an eyewatering 160Kish each flew out of the door in days, so quick that I bought in another 2 & they followed suit. All with proper profit across them. It doesn’t make sense to me. There is no sense to this game. It’s a rollercoaster of guessing and punting. There is no formula, it’s like dark matter.... Share this post Link to post Share on other sites
Rory RSC 596 Posted February 3, 2018 Used to do very well outof Rav4s all specs, any mileage petrol diesel no problem. Last few have just been sat around for ages. I think they have been quite expensive for a long time and are dropping back a bit, give it a couple of months and will end up being ok. Shame because they attract a good sort of buyer and you rarely if ever see them back. Share this post Link to post Share on other sites
justina3 518 Posted February 3, 2018 See a lot of high miles One series floating around some lovely specs on them as well for decent money any suggestions / thoughts ? Share this post Link to post Share on other sites
metcars 395 Posted February 3, 2018 7 hours ago, justina3 said: See a lot of high miles One series floating around some lovely specs on them as well for decent money any suggestions / thoughts ? BMW's are not my thing, but round these parts one series are smoking hot, especially in white. Share this post Link to post Share on other sites
andymc1973 199 Posted February 3, 2018 its a price range car if you get my drift Share this post Link to post Share on other sites
metcars 395 Posted February 3, 2018 Just now, andymc1973 said: its a price range car if you get my drift A growing sector these days If anyone is having trouble shifting an Insignia, advertise it in Suffolk; every other car is an Insignia and every minicab is an Insignia estate! Share this post Link to post Share on other sites
BHM 994 Posted February 4, 2018 13 hours ago, met said: every minicab is an Insignia estate! That’s all they’re fit for. Share this post Link to post Share on other sites
Jack Regan 116 Posted February 22, 2018 Just sat through Manhiem Colchester on line .... any one go there in the flesh ? just wanted to ask if they was giving away bags of skunk or ecstasy before start of auction ? Share this post Link to post Share on other sites
.gif.f588d3d914825b414e7ea9a8fb8a7afe.gif)
