Used car prices

[lra]

Originally Posted by roKWiz

Just curious....This isn't directed at you specifically and I keep ready this stuff all the time but can anyone tell me why parents have to buy their offspring a car.
The way I see things, if they can not buy their own car, making their own decisions, how are they going to afford to keep one.

Simples. They are spoiled brats who spend their money on electronic devices and partying, thus leaving them without the cash to buy and run a car, which they know will be supplied by their parents. Easier to buy them a car than it is to educate in personal financial responsibility. Just the way it is now.
(Speaking from personal, and other people that I know, experiences)

[FTE217]

Originally Posted by roKWiz

Just curious....This isn't directed at you specifically and I keep ready this stuff all the time but can anyone tell me why parents have to buy their offspring a car.
The way I see things, if they can not buy their own car, making their own decisions, how are they going to afford to keep one.

Because we stooopid, we created the entitled ones
Yes I'm guilty x 2times so far, 1 left to go

answering on from ira - its a leg up kind of thing, my ol man helped me/wife contributing that last bit needed for our 1st deposit and we paid it back.
I have no worries giving my kids that first leg up as mentioned but its under conditions.
You pay back an agreed amount, its yours to manage and keep on the road from there on.
IF your in financial difficulties let us know, we may help get you out of trouble bit like a boomerang we want a return.
I'm happy with the above.

[Spammy]

Originally Posted by roKWiz

Just curious....This isn't directed at you specifically and I keep ready this stuff all the time but can anyone tell me why parents have to buy their offspring a car.
The way I see things, if they can not buy their own car, making their own decisions, how are they going to afford to keep one.

My son is at boarding school so can't get a part time job, then he is heading off to uni where he will need a car.

If you think the best lesson you can pass on to your kid is to make them save up for a car, then I feel sorry for your children.

[fiestaz]

Originally Posted by Spammy

I'm not in a hurry at all, we have two cars in the house and will only truly need a third one for when my son heads off to uni next year.

As for sellers market - I just flat out refuse to agree.

Plus a used 2014 Lexus is not a collector car- there are heaps of them out there and they are all the same.

There are also lots of Mazda 3s and Hyundai i30s out there. That does not make them worthless or worth a lot less

[SumoDog68]

Originally Posted by Spammy

I'm not in a hurry at all, we have two cars in the house and will only truly need a third one for when my son heads off to uni next year.

As for sellers market - I just flat out refuse to agree.

Plus a used 2014 Lexus is not a collector car- there are heaps of them out there and they are all the same.

There is no supply of cars at the moment for obvious reasons - as for 2014 IS250 you will be doing well getting one that is advertised for $30k for 23k . That's 23% discount off asking price . You can get a roughy for that for sure . They are also not all the same , there is luxury , sport luxury and f sport levels.

[Spammy]

Originally Posted by SumoDog68

There is no supply of cars at the moment for obvious reasons - as for 2014 IS250 you will be doing well getting one that is advertised for $30k for 23k . That's 23% discount off asking price . You can get a roughy for that for sure . They are also not all the same , there is luxury , sport luxury and f sport levels.

I'm fully aware of the the different specifications and I believe that amount of discount is achievable. I'm offering $23k for a car that is worth way way less than the advertised prices.

Just because someone advertises a car at a certain price, it in no way means that is the true worth.

[Falcon SXR8]

As someone who just sold and bought a vehicle, its a sellers market for sure at the moment. Despite all the doom and gloom the media portrays, a lot are better off money wise now than ever. Of course we all know that will change in the future, but for now it's gunna be tough finding a bargain.

[FTE217]

Its a Buyers and Sellers market imo.
Less new cars on lots and then many people searching for used cars.
Its a win win kind of way.
I needed to buy prior to EOFY.
TBH I had Dealers at my taking, especially smaller Wholesalers.
My brother at the same time was looking as well and opted a Private purchase that the seller just had enough having his listed for sometime and copped a good hit via depreciation and needed to shift that car for he bought something else.
Pandemic hurts all but also creates opportunity depending if the need is now - later who knows.
There is always a buyer out there and there's always a Seller in the end has to sell.
Timing is a wonderful thing in all these scenarios as we all know.
Very different matter if like Fordomatic waiting and waiting like 4yrs.

[lra]

But getting back to used car prices, I haven't bought a car for nearly 10 years, and have no wish to upgrade / buy / sell anything at present.
I don't haggle, never have, if the price/change-over asked is more than I think is reasonable, that's it .... "no thanks, bye". Any follow-up phone calls from a seller or dealer is generally met with ...... "too late, got what I wanted elsewhere."

[Jack91]

And if you want to talk about what cars are "worth" thats a whole different discussion. Its worth what the market dictates its worth.

[Crazy Dazz]

There's a lot of posters jumping on their high-horses in this thread, and there's no call for it. But the mentality does demonstrate why a lot of us can't be bothered dealing with Gumtree Whackos.

A seller naturally wants to get the best price possible. Nothing wrong with that.
So too, the buyer, and again nothing wrong with that.
A person offering less than the asking price is not "lowballing scum" nor in the wrong in any way. No more than the seller is in the wrong for his asking price.

A car is worth exactly what somebody is prepared to pay, and not a cent more. A car that does not sell over a period of time is, by definition, overpriced, at least for that period. If a car sits there, price unchanged for several months, before finally selling, that doesn't mean it wasn't originally overpriced, it just means that the market eventually moved.

Furthermore there are different buyers out there with different motivations. One may be prepared to pay top dollar to get the car they favour, whilst another may be driven more by price. Neither is in the wrong, that's just personal preference.

And I just cannot understand people who get so upset by low offers. If you have already rejected a higher offer, then just say so, and move on. Otherwise be grateful that you at least got an offer. And there's no magical formula to determine the reasonableness of an offer. It really depends on the rest of the market. An offer $10k below the asking price may STILL be the best offer received.

I see a lot of delusional advertising. Would I be justified insulting and abusing the seller because their price is too high?? No? Then why do you feel justified abusing buyers and calling them names?

[Swordie]

Originally Posted by Crazy Dazz

And I just cannot understand people who get so upset by low offers

Having sold a very popular late model car for a family member 2yrs ago I found low ball offers was a big waste my time. Especially when the offers were way below market price. There was time I had to prepare the car, drive over and meet the person / people. I suppose it is all part of trying to sell a car. It doesn't mean I have to like. I told one person they had wasted my time with a ridiculous offer.

On used car prices my observation is the last of locally manufactured Holdens and Fords are going up. I'm still trying to understand the factors driving prices up. For example is it lack of supply and people shifting from new to secondhand.

[Crazy Dazz]

Originally Posted by Swordie

Having sold a very popular late model car for a family member 2yrs ago I found low ball offers was a big waste my time. Especially when the offers were way below market price. There was time I had to prepare the car, drive over and meet the person / people. I suppose it is all part of trying to sell a car. It doesn't mean I have to like. I told one person they had wasted my time with a ridiculous offer.

I now its very frustrating, taking time to meet people, show them the car, test-drive etc, and in some cases even let them take it for mechanical inspection.

I had a guy who seemed very genuine, made a reasonable offer, paid a deposit subject to mechanical inspection, took it for said inspection which apparently turned up nothing specific (It was a 15 year old car that had done 150kk) but still pulled out of the deal.
The Irony is that he wasted far more time than somebody sending me a low-ball text.

I'd actually prefer that people low-ball up front, and so not waste both our times.

And reality is that every seller is different, and some are very unpredictable, so you can't tell who might except a low offer. It does sometimes happen.

[Citroënbender]

This came up on my searches tonight. I’d have thought it should be 25% more.

https://www.gumtree.com.au/s-ad/moru...her/1254327796

Not everything is “Corona priced” yet!

[roKWiz]

Originally Posted by Citroënbender

This came up on my searches tonight. I’d have thought it should be 25% more.

https://www.gumtree.com.au/s-ad/moru...her/1254327796

Not everything is “Corona priced” yet!

25% more rollover factor. What Masseys are known for.

That price is normal IMO There are a couple for sale here atm petrol are usually 1800 -2500 diesels 2500 4000.

[Tassie f100]

Yeah they seem to be getting dearer as they get older.Wasn’t all that long ago a real good original would sell for $1500-2000 and most thought that was double what they were really worth

[wackyv8]

accept / except - totally difffferent things crazy dazz.

also, proofreading seems a thing of the past.

[xxx000]

My experience is that lowball offers are typically via text only after zero other contact, sent late at night and within the first 24hrs of the ad appearing.
There seems a great reluctance, even fear, for many buyers to actually call and speak to the seller.

[hayseed]

Originally Posted by xxx000

My experience is that lowball offers are typically via text only after zero other contact, sent late at night and within the first 24hrs of the ad appearing.
There seems a great reluctance, even fear, for many buyers to actually call and speak to the seller.

^^^^Exactly,I refuse to deal with anyone who Will not Ring & Speak to Me. Soon sorts out the Tyre kickers & the Fair Dinkum Ones.

[Crazy Dazz]

Originally Posted by hayseed

^^^^Exactly,I refuse to deal with anyone who Will not Ring & Speak to Me. Soon sorts out the Tyre kickers & the Fair Dinkum Ones.

No, no it doesn't.
And people's attitudes towards different forms of communication continue to amaze me.
I don't particularly like texting, that's a combination of personal preference, big thumbs, and poor eyesight. But I don't knock those who like the medium.
Me, I like email, much better for communicating and retaining facts, than phone calls.
When people post ads online, but then say "phone calls only cos I don't check my emails", I'm forced to assume they are dodgy liars who don't want their lies recorded for prosperity.

[roKWiz]

Originally Posted by Crazy Dazz

No, no it doesn't.
And people's attitudes towards different forms of communication continue to amaze me.
I don't particularly like texting, that's a combination of personal preference, big thumbs, and poor eyesight. But I don't knock those who like the medium.
Me, I like email, much better for communicating and retaining facts, than phone calls.
When people post ads online, but then say "phone calls only cos I don't check my emails", I'm forced to assume they are dodgy liars who don't want their lies recorded for prosperity.

Having a sideline business on Gumtree and don't like their email messaging, all the time wasting back and forth email crap.
Working in so many country areas with bad phone reception , let alone 4G data, I prefer TXT as its short and to the point.
It takes to much time going through checking stupid questions they ask and as the items I sell are posted only with the occasional pick up if they are local.
Even in the ad I insist TXT and phone me only but still get stupid requests via their email msgs. At least via a phone call you can normally gauge the subject intelligence of the caller and they can assume you know what you are talking about ie the product being sold.

Obviously, Stonemasonry wise I much prefer email as this kind of work requires more in depth quoting and planning.

[Franco Cozzo]

Originally Posted by Crazy Dazz

No, no it doesn't.
And people's attitudes towards different forms of communication continue to amaze me.
I don't particularly like texting, that's a combination of personal preference, big thumbs, and poor eyesight. But I don't knock those who like the medium.
Me, I like email, much better for communicating and retaining facts, than phone calls.
When people post ads online, but then say "phone calls only cos I don't check my emails", I'm forced to assume they are dodgy liars who don't want their lies recorded for prosperity.

I'm the same - email contact is king because searchable paper trails.

I average 60 emails a day in my professional life and around 40 calls.

The problem with phone calls is they require immediate drop everything attention to deal with it properly and then if it's not backed up by emails it turns into your word vs theirs when they deny something was said.

Oh and apparently I talk 'too fast' to be understood over phones

[Tassie f100]

Bit hard to see,but pretty sure that is a petrol,with the updraught carby

[roKWiz]

Originally Posted by Tassie f100

Bit hard to see,but pretty sure that is a petrol,with the updraught carby

Yep basically $1800 worth + you get to pay $2000 for the slasher and $200 for the ROPS

[Pis-ton broke]

superwog on car dealerships
https://www.youtube.com/watch?v=5R4C0rM62u8

[Polyal]

So am I the only one noticing a few more toys coming onto the market in the past couple of weeks?

[Whitey-AMG]

Originally Posted by Polyal

So am I the only one noticing a few more toys coming onto the market in the past couple of weeks?

Lot more COBRAS than usual.....
Job keeper woes ?

[GasoLane]

Originally Posted by Whitey-AMG

Lot more COBRAS than usual.

Probably more than there was made

[stock1991]

Everyone wants to pay a little and get a lot, if you are smart. Reality is you cant pay a little and get a lot. at least in my world, So you create and succeed, it should be easy

[FairmontGS]

Originally Posted by Polyal

So am I the only one noticing a few more toys coming onto the market in the past couple of weeks?

Toys maybe, but mainstream Ford enthusiast stock like V8 XRs, BA-BF Fairlanes/LTDs, GTs, etc. has dried up completely or are flogged-out examples that have been listed for eons.