Devaluation....?

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Terry
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Devaluation....?

Post by Terry »

Tonight in Norwich, spotted a C5 estate, 2.1 HDi engine, 05 plate for sale.

New? About £19000.

Price? £1950

10% of the sale price in what...15 months (never did get my head around this new licensing system)

I had one on an 51 plate, £17500 new, 21 months later got £5500 for it. Thought I was hard done by, but now?

Looking at Saab 900's on the Bay of Plenty the other evening with a pal. 1993, 2.0l turbo, 153,000 miles....£3500 private sale.

Does begin to look as if the second hand prices of BX's might just go through the ceiling. Any opinions?

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Vanny
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Post by Vanny »

15 months?

05 means 'start of 2005' so thats about three years, which i reckon is actually 36 months?

till thats a depreciation of what £473 a year? Could buy a BX a year and tax/insure/mot/repair its for that money, then scrap it at the end and get £150 back! Insane really, though i think i know what the next 'uber cool modern citroen' will be and its not the Xantia or the Xsara! (or the berlingo!)

Terry
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Post by Terry »

Vanny, I think thats 473 a month

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Philip Chidlow
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Post by Philip Chidlow »

Terry wrote:Vanny, I think thats 473 a month
You'd soon run out of BX's at that rate! :lol:
• 1992 Citroen BX TZD Turbo Hurricane
• 2006 Xsara Picasso 1.6 16v

M

Post by M »

Vanny wrote:i think i know what the next 'uber cool modern citroen' will be and its not the Xantia or the Xsara! (or the berlingo!)
Blingos rock!
The modern 2CV

Uber thin metal :arrow: Check
Staggeringly frail :arrow: Check
Full length rag top :arrow: Check
Needlessly spartan inside :arrow: Check
Alarming body roll into corners :arrow: Check
Cheap to by and run :arrow: Check
Can get a peasant and his eggs accross the field :arrow: Check

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Philip Chidlow
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Post by Philip Chidlow »

So, Vanny, what will it be?
• 1992 Citroen BX TZD Turbo Hurricane
• 2006 Xsara Picasso 1.6 16v

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Way2go
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Re: Devaluation....?

Post by Way2go »

Terry wrote:Tonight in Norwich, spotted a C5 estate, 2.1 HDi engine, 05 plate for sale.

New? About £19000.

Price? £1950

10% of the sale price in what...15 months (never did get my head around this new licensing system)
Was that a garage? :?:

'cos I've seen that done round here. The £1950 you think is it's price is in fact the deposit and the subsequent payments are shown in small print below. :shock:
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Terry
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Post by Terry »

yeah, that was a small backstreet garage with a few cars on the forecourt. C5 looked to be the newest and smartest car there.

Didn't think about the small print.

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Vanny
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Post by Vanny »

erm, rapidly depreciating values, THOUSANDS of the buggers on the road, good alrounder, runs magic green blood, cheap enough to chop and buy new, comes in perfromance models and evasion models, has huge number of diesels available with stellar miles, it can be only one thing;

The Unmistakably French Citroen C5!


Marty, you forgot some of the really important features of the 2cv for comparison! The Berlingo is missing;

*Light weight
*futuristic engineering techniques
*light years ahead technology
*Nothing else like it (certainly not in the Peugeot camp)
*Passenger comfort :D
*compact dimensions

actually of all the current range the Berlingo is in many respect the LEAST like a 2cv out of the lot.

Terry, obviously :roll: :oops:

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DavidRutherford
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Post by DavidRutherford »

Vanny wrote:runs magic green blood,
Not in a C5 it isn't.
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