Ford Mondeo III (2000 - 2007) - New second-hand value of Mondeo 2.5

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Thu 13 Mar 2008 11:02
New second-hand value of Mondeo 2.5 - flunky
2.5litre 51-reg Mondeo used for occasional trips to the dump a few times a year. Was £210/year to keep on the road.

Now £430. PX value was £2.5k. How much is it worth now? Could be as little as £1k I think? Because any buyer knows they will be the last owner - because in a couple of years it would be down to £1k anyway just by normal depreciation, at which point paying £430/year VED makes no sense, so the car is basically worthless.

At what point (in terms of value) will it make sense to crush cars because the VED is too high?

Perhaps the market for exporting cars to Poland will increase (this is where mine went). All those nice comfortable large cars, just a few years old, now consigned to imminent scrapping would be worth several thousand pounds in less countries that are not quite so eco-bonkers.
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Thu 13 Mar 2008 11:12
New second-hand value of Mondeo 2.5 - Garethj
Sell it to someone who won't bother taxing it.

See, there's always a reason to recommend a Mondeo here ;-)
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Thu 13 Mar 2008 21:06
New second-hand value of Mondeo 2.5 - Pugugly
Stick the lump in a TDCi chassis and enjoy (joke joke joke)
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Thu 13 Mar 2008 22:23
New second-hand value of Mondeo 2.5 - Alby Back
Bad news for anyone who currently owns a vehicle which will be so penalised but it might paradoxically be of short term advantage to someone who would like to buy one. Consider this scenario. A person who takes the white goods attitude to cars ie run them till they are broken. Might fancy an ST220 or the like. Because of the VED increase the price will drop allowing the purchase of a better car for the same budget. If the planned period of ownership is, say +/- four years and the VED increase accounts for +/- £1000 extra over the period but the purchase price drops by say £3000, then it could look OK , especially for a highish mileage driver where the "saving" would help offset fuel costs. More than one way of flaying felines.
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