Piper 1,310 Report post Posted July 11, 2020 (edited) £10k for a 180k, low spec M5? Surely this figure is gonna fall. I just can't see how, post pandemic, the price can be justified anymore...along with 5k E34s, 6k E38s, 10k E32s etc etc Edited July 11, 2020 by Piper Share this post Link to post Share on other sites
395 0 Report post Posted July 11, 2020 Remember everyone is still getting paid, combined with time at home to dream. Yes it will change. Share this post Link to post Share on other sites
Davidwood 3 Report post Posted July 13, 2020 A day will come where you'll be saying '' I remember when you could buy one of these for 10k'' Most m5's start at 10k now and until interest rates go up, people won't be putting money in the banks. Just so you know, the average used car cost more after lockdown due to stupidly high demand and low stock. At worst, things will get back to normal. Share this post Link to post Share on other sites
Piper 1,310 Report post Posted July 14, 2020 20 hours ago, Davidwood said: A day will come where you'll be saying '' I remember when you could buy one of these for 10k'' Most m5's start at 10k now and until interest rates go up, people won't be putting money in the banks. Just so you know, the average used car cost more after lockdown due to stupidly high demand and low stock. At worst, things will get back to normal. Very optimistic David! Share this post Link to post Share on other sites
Davidwood 3 Report post Posted July 14, 2020 4 hours ago, Piper said: Very optimistic David! I've just sold a Vauxhall Nova for 11k Share this post Link to post Share on other sites
Bumbaclut 694 Report post Posted July 14, 2020 what tragic person paid 11k for a nova? 1 boiliebasher reacted to this Share this post Link to post Share on other sites
Davidwood 3 Report post Posted July 20, 2020 On 7/14/2020 at 6:48 PM, Bumbaclut said: what tragic person paid 11k for a nova? hahaha, The scary thing is, I had a dozen calls in the first hour of listing it. Prices are crazy out there. I collect old honda bikes too and bikes that I was paying £1000 for before lockdown are now double that Share this post Link to post Share on other sites
Steve van hool 251 Report post Posted July 20, 2020 On 13/07/2020 at 10:11, Davidwood said: A day will come where you'll be saying '' I remember when you could buy one of these for 10k'' Most m5's start at 10k now and until interest rates go up, people won't be putting money in the banks. Just so you know, the average used car cost more after lockdown due to stupidly high demand and low stock. At worst, things will get back to normal. I remember when you could get one for £5k, Mike Brewer on Wheeler Dealers paid £4k for one, those days have well and truly gone, when the e39 m5 bottomed out price wise, so the advertised car at £10k is probably not far off on the money. 1 d_a_n1979 reacted to this Share this post Link to post Share on other sites
Piper 1,310 Report post Posted July 21, 2020 On 20/07/2020 at 10:46, Steve van hool said: I remember when you could get one for £5k, Mike Brewer on Wheeler Dealers paid £4k for one, those days have well and truly gone, when the e39 m5 bottomed out price wise, so the advertised car at £10k is probably not far off on the money. Don't count ya chickens Steve....used car market is going to crash Share this post Link to post Share on other sites
duncan-uk 2,916 Report post Posted July 21, 2020 I think the world is! Share this post Link to post Share on other sites
Steve van hool 251 Report post Posted July 22, 2020 On 21/07/2020 at 20:54, Piper said: Don't count ya chickens Steve....used car market is going to crash I definitely won't count my chickens Piper, either way it makes no odds for me, because I'm not looking to sell my car, at the moment. Share this post Link to post Share on other sites