How much cheaper can cars get ?

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Mon 4 Nov 2002 22:11
How much cheaper can cars get ? - Steve G
Over the last few weeks at auction it struck me just how cheap good cars are these days (e.g 18 months old, low mileage Vectra's £6000-6500). With the never ending reductions on new car prices (check out HJ's news section) and low interest rates it would seem the knock on effect will be even cheaper used cars.
The way things are going any car over 8 years old will be scrap value.
Question for HJ :
In your years of going to auctions do you think cars have ever been this cheap before ?
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Mon 4 Nov 2002 23:36
How much cheaper can cars get ? - gibbo
some good points there i was at bca birmingham today some of the prices astounded me in 2 ways, some of the big ex fleets eg 98 on an s peugeot 406 with aircon electrics etc and 80k on the clock was sub 3k ( to me very cheap) but a volkswagen finance polo 14L basic spec about the same age, granted it had lowish milage 26k but 700 quid more to me crazy, but to the joe public buying all the volkswagens golfs polos etc its still a little bit cheaper than you would pay a a volkswagen main dealer.
i was after one of these coveted polos today but to be honest with the small cars fiestas polos etc i think you can save a bit ,but with your 406,s mondeos and vectras ex fleet your more than likely to be saving a small fortune ,i would have like one myself i just couldt afford the insurance..different issue there ..licensed theives..
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