Used car prices

Citroënbender · 22-02-2021, 12:07 PM

Do people want to travel overseas now?

I don’t do social media so I miss out on any noises made there.

If it’s the case then all the “forever” treechangers will likely be bailing back to cities again too.

**Polyal** · 22-02-2021, 12:25 PM

Quote:

Originally Posted by Citroënbender

Do people want to travel overseas now?

I don’t do social media so I miss out on any noises made there.

If it’s the case then all the “forever” treechangers will likely be bailing back to cities again too.

Things will go back to normal in a year or so IMO.

Personally we were happy to give travel a miss this year, see how Japan and EU is going next year and make a call. 2022 might be a quiet one too but I cant see it being an indefinite.

Being crapping about the "new normal" are scaremongers IMO and were pushing the headlines to get compliance straight up, I dont blame them, but I guess we will see how good the vaccine is in 6-12 months.

anobserver · 22-02-2021, 01:35 PM

Quote:

Originally Posted by Polyal

Things will go back to normal in a year or so .......

..........Being crapping about the "new normal" are scaremongers IMO and were pushing the headlines to get compliance straight up, I dont blame them, but I guess we will see how good the vaccine is in 6-12 months.

I hope prices drop off. Our current car is getting long in the tooth, and maintaining it is cheaper than inflated used prices. Replacing it in the current market would an expensive exercise. For that reason i worry a bit about it being written off by an insurance company in the event of a minor incident, because even minor shunts can mean big repair costs.

Interesting comments about project cars.... I wonder about the number of cars bought speculatively. They can't all have been,but the more desirable (at least to me) cars have all but disappeared off the market, or been priced into the stratosphere.

**DFB FGXR6** · 22-02-2021, 05:39 PM

It's interesting to see a 5 year old XR6 go from a $20,000 or below purchase to a $30,000+ proposition.

This 2015 FG-X with 70,000 km is $31,888.
https://www.carsales.com.au/cars/det...gType=showcase

And this 2014 with 55,000 km is $29,888.
https://www.carsales.com.au/cars/det...9501709/?Cr=10

Resale value was always terrible on Falcon's. Seems all Ford had to do was to stop making them. That's about 75% resale value after 6 or 7 years, not bad at all.

I paid $59,000 for my XR8 in 2014, it's probably worth more than that now. Not often that sort of thing happens, especially on something as common as a Ford Falcon.

And no, my XR8 is NOT for sale.

**Mechan1k** · 23-02-2021, 12:10 AM

Quote:

Originally Posted by DFB FGXR6

It's interesting to see a 5 year old XR6 go from a $20,000 or below purchase to a $30,000+ proposition.

This 2015 FG-X with 70,000 km is $31,888.
https://www.carsales.com.au/cars/det...gType=showcase

And this 2014 with 55,000 km is $29,888.
https://www.carsales.com.au/cars/det...9501709/?Cr=10

Resale value was always terrible on Falcon's. Seems all Ford had to do was to stop making them. That's about 75% resale value after 6 or 7 years, not bad at all.

I paid $59,000 for my XR8 in 2014, it's probably worth more than that now. Not often that sort of thing happens, especially on something as common as a Ford Falcon.

And no, my XR8 is NOT for sale.

Compared to what they used to be ... the prices are crazy now.
Especially the price of ex-NSW HWP turbos. No thanks.

your looking at a 5-6 year old car well out of warranty.

They used to be good deals ... but definitely not worth it at those prices now.

Citroënbender · 23-02-2021, 12:22 AM

I remembered “Laura81” selling a tidy FG XR6 last year for $9K to part fund a Territory. The same transaction now would probably include cash her way!

Citroënbender · 03-03-2021, 02:03 AM

A friend in Launceston is looking for a smaller, newer 4x or SUV on a tight budget. Historically Tas used car prices have been quite a bit higher but they’re closer to parity with the mainland now because ours have risen so much - who’da thunk it?

Franco Cozzo · 03-03-2021, 07:43 AM

Quote:

Originally Posted by Mechan1k

Compared to what they used to be ... the prices are crazy now.
Especially the price of ex-NSW HWP turbos. No thanks.

your looking at a 5-6 year old car well out of warranty.

They used to be good deals ... but definitely not worth it at those prices now.

Interestingly if you compare a BF
/FG XR6T to a JZS171 Toyota Crown or JZS161 Aristo, the XR6T is good value for money - the XR6T is the better buy for the same price point.

In this regard it's good value, but everything is drug money now.

As a secondary car/project I think an XR6T is a solid buy in that $20K-$30K price point compared to other forced induction cars asking the same coin.

Who remembers the days of R33 GTR Skyline in the same price point lol 💸💸💸

2001-2006 Ford F250/F350 is also drug spondoolies, clapped out ****boxen with 300,000km going for $50K+

Selling 1997 Holden Caprice, driven by respectful elderly gentleman to Bocce once a week, one owner since new, $35,000 no timewasters