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Private roadside sale - in yellow a MPi 1.5, pretty tidy, 1997 on an R. Passed it in the village this morning.
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Can I have two guesses???
Its either about £350 or something silly like £1350.... You don't say whereabouts in the world it is, that could make a massive difference!
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My father in law bought a new Proton compact in 1998 when he retired. Goodness knows why because it cost him over £7000 then. B.i.l. and I did our best to talk him out of it but he went ahead anyway. In fairness, he kept it very well until earlier this year when he had a nasty accident. Fortunately no one hurt but the Proton was a write off. It had been in remarkable condition and had only covered 30k in ten years. He got £200 from the insurance company. Admittedly this was due in part to a £500 excess but quite sobering for him. B.i.l. and I persuaded him into a nearly new Fiesta as a replacement.
He loves it
So, back to "your" Accent PU....... £250 ?
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As SuperBuyer says, its going to either be £2.50 or £2000, someone is "selling" a 2001 1.6 Ford Puma near us. £4200 for basically a 7 year old Fiesta. Think it may be there a while.
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Whatever it is it wont be as amusing as the Mitsubishi FTO on one of the trade stands at this years Motor Show. a 2.0 GR (So not even the 200bhp GPX) with a silly paint job, a big exhuast and an induction system, and a stereo install - thats it - nothing outrageously complex, yet he wanted..
£20,000 ONO!
I wish the 95 GPX I've got sitting on the drive which really ought to get round to selling was worth even 20% of that..
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We've just sold a 97R Fiat Cinquecento 900cc that had been laid up in the garage for 2 years. Asked and got £500 with no tax. It sailed through its MOT, needed 2 indicator bulbs where the Orange paint had flaked off. Engine started first time as battery kept on trickle charge all the time.
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Someone probably bought it new for £10k and only driven it about 500 miles a year down the shops and back so they reckon it is a great buy for £3,500?
MVP
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Passed an 'R' reg Ford Escort the other day - quite tidy, not immaculate. The For Sale sign said £1100, which I thought was a bit optimistic considering we were offered around that trade-in for 2002 Saab 9-5 estate in similar nick.
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£1700.00 !!!!
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I guess the advertiser is a financial illiterate - he MEANT to put £17:00!
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He's not advertising the house and using the car as just a billboard, is he?
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One for the silly pile for sure, but then again I see Peugeot 306s in the rags going for about that much at ten years old all the time -- and no-one bats an eyelid.
I don't see that as any less preposterous -- near two grand for a decade-old flaky French Eurobox? No thanks.....
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Here we go -- on Autotrader, £2000 for a 10yo Pugrot with no test... lolol. I wouldn't pay more than £150 for it...
That Hyundai seems like a bargain now!
tinyurl.com/663zcd
Edited by jase1 on 29/07/2008 at 15:08
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You can thank the cost of petrol for the daft prices people are asking for small engined cars. I've seen a T reg Ka for £2k - it can't have been much more than that new! It makes the depreciation calculators on some internet sites look miles wrong. New Ka's locally for £5995 - 10 years old - £2k. A £4k drop in 10 years - bring it on!!!
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Yes -- the Ka is an even more stunning example of the problem -- at least the 306 doesn't rust to powder after 7 or 8 years.....
I've never understood how an ultra-cheap car from a bread-and-butter brand with a 50-year-old engine, poor rust protection and a sketchy reliability record can fetch 40% of its discounted new value after ten years. There's one born every minute (literally -- these things are bought mainly by 17-year-old girls are they not?).
Going back to the Hyundai for a minute, I've noticed a strange trend with the Accent over the years. They tend to lose value rapidly up to about 5 years old (where they hit about £1500), then depreciate *really* slowly for the next five years (reaching maybe £900-1000) before plummeting again around their tenth birthday. Buying one of these as a second car at 5 years old and selling on at about nine would seem to be to be a good way into cheap, reliable(ish) motoring. I say "ish" because the gearbox linkage, while not a terminal issue is a source of irritation on these cars. Very clicky.
The old Nissan Almera seems to go the same way -- making it probably the best bargain banger around, as long as you avoid 1.5s of a certain age.
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"New Ka's locally for £5995"
£4895 is still being offered, although reading the story about the Ka and rust I doubt a new one will last 10 years!
With this trend I'm looking to selling the Aygo for more than we paid for it in about 10 years time!
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. I've seen a T reg Ka for £2k - it can't have been much more than that new!
£7500 was the best deal we could do in 1999 for a new, T reg, Ka1 with ABS + passenger airbag - extras then, standard now. They've come down a lot in 9 years.
£2,000 is a bit strong though - we sold ours for £1500 two years ago.
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"£1700.00 !!!!"
Hee-hee! Still, if he'd bought it new, it probably wouldn't seem so unreasonable. Someone may even pay that - the idea that anything below a grand must be a shed still holds sway in some quarters...
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must come with a full petrol tank for that then !!
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