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Fiat 500 - my car's an investment!! #1655955
21/02/2022 19:46
21/02/2022 19:46
Joined: Mar 2006
Posts: 1,450
Scottish Borders
G_Man Offline OP
Club member 1656
G_Man  Offline OP
Club member 1656
My job on the forum

Joined: Mar 2006
Posts: 1,450
Scottish Borders
Blimey - second hand car prices are mad money crazy

Bought a 2011 1.2 Fiat 500 Oct 2019 for £2.1k (yes it was a good deal at the time) for my youngest to learn to drive on. She'll probably be taking the big step to own the car fully next month and have been getting insurance quotes from a number of the comparison sites. One has stated the replacement value £2.7k and the other £2.9k! Being a creature of habit I may be replacing it with another as a cheap run-around but some 09 platers are going for well in excess of flippin £3k shocked Buying a 13 year old Fiat 500 1.2 for that money - I DON'T THINK SO grr


77 77
Re: Fiat 500 - my car's an investment!! [Re: G_Man] #1655959
21/02/2022 22:31
21/02/2022 22:31
Joined: Dec 2005
Posts: 21,482
Aldershot
PeteP Offline
Hon Club Member 005, Membership Secretary
PeteP  Offline
Hon Club Member 005, Membership Secretary
Forum Fossil

Joined: Dec 2005
Posts: 21,482
Aldershot
There's a shortage of new cars, so fewer old ones get traded in, hence silly money for used ones.

For the past year the dealer i bought my Meriva from 4 years ago has been plaguing me with want to buy it emails.


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.
Re: Fiat 500 - my car's an investment!! [Re: G_Man] #1655988
23/02/2022 18:54
23/02/2022 18:54
Joined: Mar 2006
Posts: 8,852
Cambridge & Cotswolds
M
MeanRedSpider Offline
Je suis un Coupé
MeanRedSpider  Offline
Je suis un Coupé
M

Joined: Mar 2006
Posts: 8,852
Cambridge & Cotswolds
Yes - I have the same car and it has been valued at a similar price. Crazy times. The E Class I bought a year ago privately on eBay would cost about £5k more to replace.

Re: Fiat 500 - my car's an investment!! [Re: G_Man] #1656067
28/02/2022 15:29
28/02/2022 15:29
Joined: Dec 2005
Posts: 16,603
Corridor of Uncertainty
J
Jim_Clennell Offline
Forum veteran
Jim_Clennell  Offline
Forum veteran
J

Joined: Dec 2005
Posts: 16,603
Corridor of Uncertainty
Mad! If you want to know what vehicles are bucking the trend and falling in value, just use the "Jim's cars" tracker!

In at number 1: VW Eos 2.0 FSi Sport! Falling faster than Leeds United

Re: Fiat 500 - my car's an investment!! [Re: G_Man] #1656339
15/03/2022 19:34
15/03/2022 19:34
Joined: Dec 2005
Posts: 2,112
The clues in the name
D
DanTheManc Offline
Competition Level
DanTheManc  Offline
Competition Level
D

Joined: Dec 2005
Posts: 2,112
The clues in the name
The used car market has gone bonkers. I recently sold my MK7.5 Golf R which I paid £26,500 for 3 years ago.

After 3 years of ownership and putting 30k miles on it, I sold it for £26,250. So effectively 3 years of free motoring.

I bought it's replacement 3rd February this year and its already increased in value and worth more than I paid for it.


2000 Moony 20VT6
VXR
BMW 335i
BMW M135i
2017 Cupra 290 Black Edition
Re: Fiat 500 - my car's an investment!! [Re: DanTheManc] #1656354
15/03/2022 22:05
15/03/2022 22:05
Joined: Dec 2005
Posts: 21,482
Aldershot
PeteP Offline
Hon Club Member 005, Membership Secretary
PeteP  Offline
Hon Club Member 005, Membership Secretary
Forum Fossil

Joined: Dec 2005
Posts: 21,482
Aldershot
My godson bought a new Land Rover Defender 10 months ago

He just sold it for £10000 more than he paid for it. To We buy any Car no less.

Another 3 weeks and he should get delivery of an electric BMW

Last edited by PeteP; 16/03/2022 13:41. Reason: defender not discovery

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.
Re: Fiat 500 - my car's an investment!! [Re: G_Man] #1656623
27/03/2022 09:41
27/03/2022 09:41
Joined: Jun 2009
Posts: 325
Benfleet, Essex
robcal Offline
Making a profit
robcal  Offline
Making a profit

Joined: Jun 2009
Posts: 325
Benfleet, Essex
If there's a long delay on new, how does this affect the value of a part exchange while you're waiting? I.e. if they offer you say £8k for you current car and the used market prices crash in the meantime, will they honour the original quote??

Re: Fiat 500 - my car's an investment!! [Re: G_Man] #1656630
27/03/2022 14:28
27/03/2022 14:28
Joined: Dec 2005
Posts: 21,482
Aldershot
PeteP Offline
Hon Club Member 005, Membership Secretary
PeteP  Offline
Hon Club Member 005, Membership Secretary
Forum Fossil

Joined: Dec 2005
Posts: 21,482
Aldershot
My godson simply sold his Defender and is using another car while he waits for his new one. Two completely separate transactions in his case.


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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