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Large 4x4 prices - Bill940

Maybe it's impossible to know but taking an educated guess , with proposed ban on diesel/petrol by 2035, do people think used 4x4 prices for older bigger 4x4's such as a Toyota land cruiser are going to plummet which some analysts say or basically become too expensive to run as the government will do silly things with tax and insurance ?

Say for example you bought a 2006 landcruiser for £5k now would it be worth £500 in 5 years time

Fascinating answers awaiting !

Large 4x4 prices - focussed

Maybe it's impossible to know but taking an educated guess , with proposed ban on diesel/petrol by 2035, do people think used 4x4 prices for older bigger 4x4's such as a Toyota land cruiser are going to plummet which some analysts say or basically become too expensive to run as the government will do silly things with tax and insurance ?

Say for example you bought a 2006 landcruiser for £5k now would it be worth £500 in 5 years time

Fascinating answers awaiting !

Prepare to be fascinated.

Used diesel prices on the rise despite diesel bashing"

Whilst supply from the new diesel car market restricts volumes entering the used market, demand from consumers remains strong, according to Indicata. The result of restricted supply and consistent consumer demand has helped ensure that net used diesel prices are rising in three of the top five markets in Europe, the Autorola Group company says.

Average online B2C used diesel car prices were also up in France (3.1%) for Q2 2019 compared to the same period in 2018 with petrol prices falling by 6.4% in the first seven months of 2019.

I can still get back what I paid for our very low mileage Dacia Duster 4x4 diesel in Feb 2022 on a part exchange deal.

But I don't want a hybrid with a petrol lawn mower engine in the front thanks all the same.

So Dusty Bin will have to soldier on into the future.

Diesel - the fuel of the future that they cannot get rid of no matter how hard they try !!

Large 4x4 prices - Orb>>.

If you have a large 4 x 4 or suv type car and you like it. Just hang on to it.

If there is no need to spend silly money fixing it, just keep it.

I've had the Korando now for 3 years. Other than service and 2 tyres it's been fine. Problem is that anything that comfortable ( most important) is at least £15.000 plus p/x.

I don't usually keep 3 years never mind longer but logically it's a no brainer.

If people want and not necessarily need something they'll be doing what they want.

So as above be it a duster or a land cruiser, market conditions apply.

Those with reliable will keep and those who want will pay!

Edited by Orb>>. on 20/10/2024 at 08:03

Large 4x4 prices - Andrew-T

If you have a large 4 x 4 or suv type car and you like it. Just hang on to it. If there is no need to spend silly money fixing it, just keep it.

Without really intending to, that is what we have done with our workhorse 207 diesel since 2008. Apart from being written off 8 years ago (and simply repaired) it has cost us nothing more than expected maintenance - oil, filters, tyres and brakes. SWMBO reported a potentially threatening engine noise recently which my indie found was a small heat shield coming adrift. Again easily sorted - sounds as good as new now, maybe better !

No DPF to worry about, and short of many modern gizmos like touchscreens and the like, so much the better.

Large 4x4 prices - Big John

Maybe it's impossible to know but taking an educated guess , with proposed ban on diesel/petrol by 2035, do people think used 4x4 prices for older bigger 4x4's such as a Toyota land cruiser are going to plummet which some analysts say or basically become too expensive to run as the government will do silly things with tax and insurance ?

Say for example you bought a 2006 landcruiser for £5k now would it be worth £500 in 5 years time

Hmm, I personally think it'll be the opposite. The ban is only for new cars so effectively with the supply and demand model for ICE cars if the supply dries up the demand will increase putting up prices - simple economics. ICE models are already vanishing right now with manufacturers wanting to avoid the fines so if you want a new car (not just 4x4) with a petrol/diesel engine in it buy it now.

Edited by Big John on 20/10/2024 at 08:40

Large 4x4 prices - pd

If you buy a £5k Landcruiser now and it's worth £500 in 5 years time that's still cheap motoring depreciation wise.

However, unless you wreck it, it will still be worth decent money I expect. Old Landcruisers are just like that.

Large 4x4 prices - Adampr

There is no proposed ban. There is an intention to ban the sale of new ICE cars, but 'they' are no more coming for your can than they are.your analogue radio.

Large 4x4 prices - gordonbennet

Will you be able to pick up a £5000 Landcruiser for £500 in 5 years?

I wouldn't hold your hopes out unless its already a neglected rot box which is quite likely if one was being sold for that initial price, but unless the rest of the vehicle has been as neglected as the body/frame then it will still be a £2k+ breaker.

If the current or next regime takes it into their heads to tax such vehicles off the road the good ones will simply be exported to Africa, if the vehicle's body integrity is sound it will soldier on probably for decades and then be stripped for parts.

Large 4x4 prices - madf

New diesel sales may be banned form 2035 but diesel fuel will be needed for decades afterwards .. think tractors/lorries/combine harvesters..

Large 4x4 prices - Warning

Your educated guess is wrong. The planets are shifting, and there’s a hidden agenda at play. They want to criminalise drivers and push towards driverless cars. This means no more personal car ownership - you’ll lease vehicles from the big corporations.

Many tactics are being used to achieve this. The police won’t investigate stolen cars or use CCTV to track them down, yet they eagerly sift through thousands of dashcam videos to penalise motorists with fines or points. The ultimate aim is to declare humans too incompetent to drive, citing distractions like mobile phone use, and replace us with automated self-driving cars. While I'm not entirely opposed to this idea, I don’t want to be at the mercy of hedge funds in the US, which could control the market and bleed people dry with exorbitant prices. Sure they will be "cheap" in the beginning, but that is how you build a monopoly.

Some of the methods they’re using include 20mph speed restrictions, yellow box junction cameras, bus lane cameras, city emission zones, controlled parking zones (CPZ), school streets, low-traffic neighborhoods (LTNs), and cyclists with GoPros being given special status to report motorists. Cyclists demanding long sentences for road accidents. The recent changes to the highway code.Keyless entry, making it easy to steal cars. High insurance costs.

This slow trickle is going to make car ownership too expensive to sustain.

Large 4x4 prices - Andrew-T

Your educated guess is wrong. The planets are shifting, and there’s a hidden agenda at play. They want to criminalise drivers and push towards driverless cars. etc ...

I don't think rational discussion of this is really expected ?

Large 4x4 prices - Orb>>.

This slow trickle is going to make car ownership too expensive to sustain..

Paranoia setting in?

Well.. Thank heavens I'll be pushing up flowers soon.

Edited by Orb>>. on 21/10/2024 at 05:48

Large 4x4 prices - madf

Your educated guess is wrong. The planets are shifting, and there’s a hidden agenda at play. Tgenerated £hey want to criminalise drivers and push towards driverless cars. This means no more personal car ownership - you’ll lease vehicles from the big corporations.

No sign of any rational thought there.

FACT

In 2022/23 VED generated £7.3B and Fuel Duty £25.1B in revenues.

Getting rid of car ownership would deprive the Government of those tax receipts..

To raise that from income tax would mean a 10% hike in Income Tax receipts.

Large 4x4 prices - Terry W

FACT

In 2022/23 VED generated £7.3B and Fuel Duty £25.1B in revenues.

Getting rid of car ownership would deprive the Government of those tax receipts..

To raise that from income tax would mean a 10% hike in Income Tax receipts.

Driverless vehicles called up and paid for by smartphone app is the future.

The average privately owned car sits idle for 23 hours a day. Commercially operated driverless fleets may get 5-15 hours use per day. Reduces need for parking spaces, recharging facilities, road congestion, available to blind, disabled etc. etc.

The only question is when - some will resist and may get punitively taxed, there may be a very limited number of exceptions - eg: living in remote rural location.

They could replace VED and fuel duty by any tax method they choose - could be:

  • mileage surcharge on driverless vehicles
  • VAT on driverless vehicle charges
  • tax on online shopping deliveries
  • increased council tax
  • registration fees for cycles
  • etc etc etc ...........

I'm quite certain that the guys at the Treasury have lots more ideas. Income tax, because of its very high profile, is likely to be well down the list.

Large 4x4 prices - corax

Driverless vehicles called up and paid for by smartphone app is the future.

The average privately owned car sits idle for 23 hours a day. Commercially operated driverless fleets may get 5-15 hours use per day. Reduces need for parking spaces, recharging facilities, road congestion, available to blind, disabled etc. etc.

The only question is when - some will resist and may get punitively taxed, there may be a very limited number of exceptions - eg: living in remote rural location.

Driverless vehicles need constant communication for location don't they? There are more than just a few remote locations in this country. I live in a highly populated part of the UK, yet there are many mobile phone black spots despite what the providers say. If that lack of coverage can't be solved, then what chance have driverless vehicles got. Or will they rely on a more reliable system?

I can only see it being confined to towns and cities and large road layouts if it does become feasible.

Large 4x4 prices - Andrew-T

<< Driverless vehicles called up and paid for by smartphone app is the future. >>

Are you being serious ? Rather like Boris Bikes, you mean ? Possibly for a small number, but try and imagine it for much of today's traffic, especially allowing for the trips empty to pick up a passenger. It would be much like everyone using taxis. I suppose it might release a bit of car-park demand - but the DVs would have to park some of the time too ?

Large 4x4 prices - Warning

FACT

In 2022/23 VED generated £7.3B and Fuel Duty £25.1B in revenues.

Electric cars, do not pay fuel duty. They already have ideas.

Road Pricing. There have been a few studies.

committees.parliament.uk/publications/8754/documen...t

www.london.gov.uk/sites/default/files/gla_migrate_...f

Plenty of other references....

Large 4x4 prices - Anita J

It’s a tricky one for sure! With the 2035 ban looming, it does feel like older 4x4s like a Land Cruiser might face a dip in value, especially if governments ramp up taxes and insurance costs to discourage petrol and diesel use. However, there's always the chance that demand might still hold up for off-road enthusiasts or people in rural areas where these vehicles remain practical.

If fuel and road taxes skyrocket, it could make them too costly to run for many, which would hit the resale market hard. That said, the Land Cruiser’s legendary reliability could give it an edge over other large 4x4s. I’d say it’s a gamble—might be worth £500 in a few years, or it could still hold decent value if supply tightens.

Large 4x4 prices - madf

It’s a tricky one for sure! With the 2035 ban looming, it does feel like older 4x4s like a Land Cruiser might face a dip in value, especially if governments ramp up taxes and insurance costs to discourage petrol and diesel use. However, there's always the chance that demand might still hold up for off-road enthusiasts or people in rural areas where these vehicles remain practical.

If fuel and road taxes skyrocket, it could make them too costly to run for many, which would hit the resale market hard. That said, the Land Cruiser’s legendary reliability could give it an edge over other large 4x4s. I’d say it’s a gamble—might be worth £500 in a few years, or it could still hold decent value if supply tightens.

The most recent oil forecast I read suggested as EVs took over , demand for oil would drop, there would be a surplus and prices would collapse...