How to not lose a pile of money on cars

[BJL]

Talked to a man in the trade the other day who says 'the trade' whoever that misterious bunch are, think that the recession caused high end to plumet then when new high end slowed to a crawl used high end started to settle.
That all sounds about right, then he said as soon as the recession shows signs of being over used high end will soar in value because new high end will not be immediately there to satisfy demand.

He highlighted Californias, GTSs, R8s, 430s and Aston Vantage V8s and 12s as being the potential high rollers. He thought QPs will dry up on the used market as most current owners will keep them until they inevitably become collectable.

Music to my ears I thought.

 

[hodroyd]

I'd best get something bought quick then, otherwise the price will be going up, maybe not for a year though??

 

[bigbob]

Talked to a man in the trade the other day who says 'the trade' whoever that misterious bunch are, think that the recession caused high end to plumet then when new high end slowed to a crawl used high end started to settle.
That all sounds about right, then he said as soon as the recession shows signs of being over used high end will soar in value because new high end will not be immediately there to satisfy demand.

He highlighted Californias, GTSs, R8s, 430s and Aston Vantage V8s and 12s as being the potential high rollers. He thought QPs will dry up on the used market as most current owners will keep them until they inevitably become collectable.

Music to my ears I thought.

All true. Too few high end cars were sold in 08, 09 and 10 so there are not enough used ones now.

 

[Parisien]

Yeah......was it a 50% drop in orders in 07/08........?

P

 

[rossyl]

That is very interesting if so. That would lead to a shortage of 3 year old high end cars now and over the next 3 years. However, the recession continues, it has almost become a normal way of life it's been going on for so long! Who knows when the recession will end, consequently, who knows when the demand will return.

I think you only start to feel as if you are losing money if the car becomes a "money pit". So long as your expected and acceptable costs/depreciation match up with your expected enjoyment, then you should feel pretty happy. Of course what is deemed "expected and acceptable" costs/depreciation changes from person to person.

 

[BJL]

Could not agree more, what price pleasure?????????

I'm keeping my QP Sport GT for ever so have so far lost no money in depreciation as it still makes the hairs on the back of my neck tingle when I get in and the intoxicating smell of the leather is still as strong as the day I drove it from the factory.

love it to bits.

 

[Parisien]

...thou dost wax lyrical on the love of your automotive life BJL....great......


P

 

[BennyD]

I've already written off the investment in my spyder. I'll hammer the cr4p out of it and if it goes bang, i'll fix it and start again. I'm having too much fun in it to worry about how much I might lose by putting the miles on. I can't see the point in saving it for the next guy.

 

[Felonious Crud]

Could not agree more, what price pleasure?????????

I'm keeping my QP Sport GT for ever so have so far lost no money in depreciation as it still makes the hairs on the back of my neck tingle when I get in and the intoxicating smell of the leather is still as strong as the day I drove it from the factory.

love it to bits.

Great attitude!

 

[BJL]

Talking of Waxing Parisien, does anyone know whether lifeshine is all it's cracked up to be?

The reason is I've got a California coming at the end of the month and they offered it as part of the package (not for free you understand) but I've not used it before. Didn't have it on the QP just used Auto Glym Deep resin and Gloss protector which looks great.

 

[Emtee]

Talking of Waxing Parisien, does anyone know whether lifeshine is all it's cracked up to be?

The reason is I've got a California coming at the end of the month and they offered it as part of the package (not for free you understand) but I've not used it before. Didn't have it on the QP just used Auto Glym Deep resin and Gloss protector which looks great.

Congratulations on the California BJL. As for Lifeshine, I've never heard of it, but save yourself the money and have it detailed instead. It'll cost you less and the result will be far better.

 

[BennyD]

Talking of Waxing Parisien, does anyone know whether lifeshine is all it's cracked up to be?

I would have though waxing would be Franks pet subject, you can't have an untidy bush under a mankini. Apparently.

 

[hodroyd]

Lifeshine on the buttocks then Mankini Man, there's a thought???

 

[BennyD]

That's wrong on so many different levels.

 

[hodroyd]

I thought I would leave that little pearler for the morning, didn't notice you were still on line Benny.

 

[Parisien]

I would have though waxing would be Franks pet subject, you can't have an untidy bush under a mankini. Apparently.

....epilation is the way Ian....................worth the pain.................allegedly





P

 

[Parisien]

Lifeshine on the buttocks then Mankini Man, there's a thought???

......Robert.......didn't you see the line......you were way over it..........................thats disgusting........................ly....funny.................


P

 

[bigbob]

Could not agree more, what price pleasure?????????

I'm keeping my QP Sport GT for ever so have so far lost no money in depreciation as it still makes the hairs on the back of my neck tingle when I get in and the intoxicating smell of the leather is still as strong as the day I drove it from the factory.

love it to bits.

Very true. If you don't sell it then you don't see the depreciaiton!

 

[Paul3200]

Permission to use a swear word ? ( Porsche )

A friend has just chopped his 911 S ( 53 ) back to Porsche for a 55k Turbo on a 07 plate ( 11k ) It went like this................

Bought S - 16 months ago for 45k - chopped in yesterday for 28k. Low mileage mint dry weather only once a week toy. Porsche will sell it for £38k confirmed.

Turbo is nice though so looking forward to a blast. Interesting fact I did not know - Porsche check every car ( plug it in ) and check the numbers to see if its been thrashed over the limiter ( can be done changing down hard ) If its had a hard life its outed to the Indies or India one of them

Ker- ching Porsche !!

Paul

 

[hodroyd]

Thrashed over the limiter, how's that done then, limiter switched off, or does the limiter not work?? Son-in-Law has just got a Boxster, it's like a mechano set, all just bolts together, dead easy to work on. BUT IT'S STILL A PORCH, SSORRY PORSCHE!!!