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Re: Why do you think the Coupe wasn't a big seller?
[Re: barnacle]
#1069390
13/07/2010 23:16
13/07/2010 23:16
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philiplazyjourno
Unregistered
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philiplazyjourno
Unregistered
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Has anybody mentioned depreciation yet??
I wouldn't go near a new £25k Fiat with somebody else's barge pole, unless planning on doing a Barnacle and keeping it indefinitely.
Lots of special edition Subarus, or things like the Lotus Elise, that were were similar to buy ten years ago, which are predictably worth a damn sight more now.
As a private buyer would definitely put me off, and I'd imagine company reps wouldn't go near one because of the badge.
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Re: Why do you think the Coupe wasn't a big seller?
[Re: ]
#1069485
14/07/2010 06:50
14/07/2010 06:50
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Joined: Dec 2005
Posts: 33,568 Berlin
barnacle
Club Member 18 - ex-Minister without Portfolio
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Club Member 18 - ex-Minister without Portfolio
Forum Demigod
Joined: Dec 2005
Posts: 33,568
Berlin
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Though as has been discussed ad nauseam previously, anyone who buys pretty much any car expecting it to appreciate sufficiently to make a profit as a classic is fooling themselves.
Even if I sold mine for what I paid for it, I'd still be subject to fifteen year's depreciation, maintenance, and running costs... and add to that the fact that collectors, as a rule, don't buy cars to drive. How many times do you see in (e.g.) Classic and Sportscar adverts things along the lines of 'twenty thousand pounds spent in ground-up restoration' for a car being offered - not sold, mind, just offered - for twenty-five or thirty? And you look closely and see that the thirty-year-old Ferrari has under five thousand miles on it... what's the point of that?
We have a car which *to us* is rare and desirable. To others, not so much. So what? Do I need to defend my choice, my taste? No. Not even as 'well, it's cheaper to buy and maintain than to get a new rep-mobile' - because it's *not* a rep-mobile, nor a silly-money penis extension. It is what it is; enjoy it for that and don't worry about the cost.
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Re: Why do you think the Coupe wasn't a big seller?
[Re: barnacle]
#1069704
14/07/2010 14:47
14/07/2010 14:47
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jonjeffryes
Unregistered
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jonjeffryes
Unregistered
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You're absolutely right Neil... I'll continue to enjoy mine (when the bloody thing starts) and won't give a damn about value within reason..to me it's worth a lot..but to most it's just another aged coupe...and a Fiat as well! Though as has been discussed ad nauseam previously, anyone who buys pretty much any car expecting it to appreciate sufficiently to make a profit as a classic is fooling themselves.
Even if I sold mine for what I paid for it, I'd still be subject to fifteen year's depreciation, maintenance, and running costs... and add to that the fact that collectors, as a rule, don't buy cars to drive. How many times do you see in (e.g.) Classic and Sportscar adverts things along the lines of 'twenty thousand pounds spent in ground-up restoration' for a car being offered - not sold, mind, just offered - for twenty-five or thirty? And you look closely and see that the thirty-year-old Ferrari has under five thousand miles on it... what's the point of that?
We have a car which *to us* is rare and desirable. To others, not so much. So what? Do I need to defend my choice, my taste? No. Not even as 'well, it's cheaper to buy and maintain than to get a new rep-mobile' - because it's *not* a rep-mobile, nor a silly-money penis extension. It is what it is; enjoy it for that and don't worry about the cost.
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Re: Why do you think the Coupe wasn't a big seller?
[Re: barnacle]
#1069864
14/07/2010 19:14
14/07/2010 19:14
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Joined: Apr 2006
Posts: 313 Essex
reza_q
Making a profit
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Making a profit
Joined: Apr 2006
Posts: 313
Essex
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Re: Why do you think the Coupe wasn't a big seller?
[Re: barnacle]
#1070287
15/07/2010 15:41
15/07/2010 15:41
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philiplazyjourno
Unregistered
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philiplazyjourno
Unregistered
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I didn't mean it in terms of a car being a classic, or an appreciating asset, or anything like that. As you say, you'd have to be psychic.
However, it's an inescapable fact that big Fiats, or more pricey Peugeots, for example, depreciate a lot more than other marques selling in the same £20-£30k price range.
Had you bought a BMW, for instance, my money would be on it holding a lot more of its value than a similarly priced Fiat after three years. Perhaps the Coupe even escaped this - I don't know what supply or demand was like as I wasn't in the market for a new car at the time.
Granted, it won't be a consideration for the true car fanatic - you want whatever car you want just because, and to hell with the costs, but it's something that lots of buyers do consider - especially if buying a new car on finance or if there's a balloon payment at the end of it.
I wasn't attacking the Coupe at all - and no, you don't need to defend your choice or indeed your taste, if I could have kept mine as a practical car I would have. I was just pointing out an issue that does come into play when private buyers are choosing a brand new car.
Sorry if I offended.
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Re: Why do you think the Coupe wasn't a big seller?
[Re: ]
#1075628
25/07/2010 00:48
25/07/2010 00:48
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Joined: Dec 2005
Posts: 21,524 Aldershot
PeteP
Hon Club Member 005, Membership Secretary
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Hon Club Member 005, Membership Secretary
Forum Fossil
Joined: Dec 2005
Posts: 21,524
Aldershot
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Well, spelling is evidently not one of the "modifier's" talents.
16VT and X1/9 1500
We must all do our part for the planet. I unplugged a row of electric cars that nobody was using.
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Re: Why do you think the Coupe wasn't a big seller?
[Re: Per]
#1076021
25/07/2010 23:48
25/07/2010 23:48
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20vste
Unregistered
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20vste
Unregistered
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Car magazine - back when they actually considered a car as a whole and not simply how fast it went - had it as the best coupe *every* month from its release to final build in the GBU section. I remember that too! Autocar praised it all along aswell. ive got about 20 magazines with fiat coupe road tests one of favourites is the 20th nov 1996 autocar review porto 20vt on the cover with a escort cossie in the background with the title "say hello to the new cossie" and its quicker than a cossie too it would have got 5star rating but due to brakes and chassis got 4*,in other mags the coupe always come on top
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Re: Why do you think the Coupe wasn't a big seller?
[Re: ]
#1077785
28/07/2010 21:33
28/07/2010 21:33
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Joined: Jul 2007
Posts: 792 Stafford
sandytim
Enjoying the ride
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Enjoying the ride
Joined: Jul 2007
Posts: 792
Stafford
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ive got about 20 magazines with fiat coupe road tests one of favourites is the 20th nov 1996 autocar review porto 20vt on the cover with a escort cossie in the background with the title "say hello to the new cossie" and its quicker than a cossie too it would have got 5star rating but due to brakes and chassis got 4*,in other mags the coupe always come on top
The fantastic pictures in this article were the final straw...I HAD to have one. And so began 13 years of ownership. Every now and then I take another look at the article and I still feel the same. Success isn't always measured in numbers.
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