|
HJ says that a (S) reg daewoo nubira cdxi auto with 20000 miles went for £3900 (and i think that excludes commission), but you can buy cars cheaper than that up here, a place in durham called 'stoneacre' has a (V) reg daewoo nubira cdxi auto, with 14000 miles, for only £4195, and you also get a free washing machine or 21inch TV.
|
Just goes to show you that car prices, like that of houses, vary with demand in that area. There is no such thing as a correct value.
Mike
|
|
|
A Nubira + a washing machine for 4195
or a 21" TV.
I would have thought the latter the better value for money!
|
|
|
|
Looks like a bargain, until you realise that in 3 years time the washing machine will be worth more than the car....
|
|
|
|
Who wants a Daewoo anyhow?
|
|
|
Ahhh, the old "Cars up North are cheaper" and "I know my onions" malarkey.
If offered the advice of Mr Watson of LAS/LAC fame or HJ I think I know whose advice I would go with.
You are welcome to your Daewoo or Lada. If a car manufacturer has to offer a free TV and washing machine then I smell a rat - could the car be junk? Who on earth would sell a 15 year old ex-GM design and pretend to be value for money? Absolute joke.
|
|
|
Quote
"Daewoo Nubrio....... went for £3900" at auction.
Perhaps it wasn't really sold at this price.
Some auctioneers have a tendency to sell a car to a fictitious customer just to stimulate demand.
HJ, I'm not saying that happened in this case but clever auctioneers are very skilful at 'selling to the wall' in the hope that a private punter steps in at the last minute.
Perhaps the reserve is too high so the appearance of a sale is better than no interest being shown in the vehicle at all. This can happen if there is fleet of same make/model vehicles of lower quality or appeal.
Unless your bidding yourself, don't believe all you see at auction.
|
|
|
They were all being bought by Direct Car Finance to be re-sold to people who can't normally get finance at somewhat high rates of interest.
HJ
|
Thanks HJ, that explains it.
The end user in this case will never ever get 'his/her head above water'
|
|
They dont want to,not many DCF agreements will go full term.
|
"not many DCF agreements will go full term".
Do you mean the vehicles end up repossessed?. I can't see many being paid off. What value the Daewoo then? Vicious circle.
Negative equity???
|
|
|
|
![2021 Citroen C4 1.2 PureTech [130] Shine 5dr](http://images.honestjohn.co.uk/imagecache/url/crop/90x60/https/cdn.uk.prod.group-mobility-trader.com/images/cas/ecb322db3862242e07c9a27e8192a152/2d666b5d0b796e87bdb57d202513fd7c.jpg)
