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Post by johnc on Jun 30, 2021 11:49:26 GMT
He has just bought a 650 mile, 2 mth old GTi in blue metallic (c£600) with the winter pack (c£250) and no other extras for £30,900. That's about the same as a discounted new car would cost but he would have to wait 6 months.
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Post by franki68 on Jul 1, 2021 9:06:53 GMT
You think used car prices are mental, look at vans; 4 year old Trafic with 50k on the clock is more than I could have done a brand new Trafic for, a year ago. My friend bought his citroen van after his finance deal expired ,140k miles on the clock ,it's gone up in value by a grand which is a 20% increase. |
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Post by alf on Jul 2, 2021 10:29:28 GMT
For the first time in 6 years of having my XFR's serviced by them, Jaguar have messaged me asking if I want a valuation and to talk about next moves car-wise... I imagine they want as much good SH stock as they can get hold of!
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Post by johnc on Jul 2, 2021 11:10:42 GMT
For the first time in 6 years of having my XFR's serviced by them, Jaguar have messaged me asking if I want a valuation and to talk about next moves car-wise... I imagine they want as much good SH stock as they can get hold of! New car supply is a real issue so the used market is very hot at the moment. |
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Post by scouse on Jul 2, 2021 11:24:09 GMT
For the first time in 6 years of having my XFR's serviced by them, Jaguar have messaged me asking if I want a valuation and to talk about next moves car-wise... I imagine they want as much good SH stock as they can get hold of! New car supply is a real issue so the used market is very hot at the moment. Yup, a mate of mine who works at Halewood says that they barely built a car for a couple of weeks becasue there is a massive shortgae of ECUs. |
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Post by Bob Sacamano v2.0 on Jul 2, 2021 21:08:14 GMT
We are getting lead times on some processors stretching into 2023, it’s a nightmare. A fire at a factory in Japan has also caused a global shortage of crystal oscillators used in wireless products.
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Post by Tim on Jul 6, 2021 8:12:31 GMT
This sort of thing worries me, not for now but definitely for the future www.bbc.co.uk/news/uk-wales-57725053I don't see the Chinese as a benevolent owner in the long term. I'd feel the same if I found out they were buying large swathes of land (for example) as well. |
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Post by Big Blue on Jul 6, 2021 8:38:55 GMT
Interesting concerns about China but as European companies have to abide by Chinese rules in China same here. The government of the day when any leverage is applied by any outside interest is far more concerning.
A few years ago a Government controlled organisation I was Head of Procurement and Property for moved its London office to premises with freehold owned by a Libyan organisation considered “unfriendly”. The stress that caused: using public money for such a circumstance. They’re still in that unfriendly building now and as far as I’m aware property laws still apply and they aren’t having to sacrifice any goats regularly.
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Post by johnc on Jul 6, 2021 9:22:59 GMT
I know it flies in the face of the free market etc but I think there should be much stronger laws here which prevent the purchase of companies by "hostile" nations and in some circumstances block foreign ownership completely. The Germans and Americans have laws which regularly prevent foreign ownership even when that ownership is by a company from a friendly country. Years ago in a firm I worked for, a Scottish client was bought by a German company who promised to invest and grow the site. The company had some very specialist equipment for which it held the patents. 9 months after the purchase, the low loaders were taking all the machinery to Germany and about 300 jobs here were lost.
The UK has been losing control and losing intellectual property to foreign owners for far too long. Short term gain for long term pain.
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Post by Tim on Jul 6, 2021 11:06:04 GMT
I know it flies in the face of the free market etc but I think there should be much stronger laws here which prevent the purchase of companies by "hostile" nations and in some circumstances block foreign ownership completely. The Germans and Americans have laws which regularly prevent foreign ownership even when that ownership is by a company from a friendly country. Years ago in a firm I worked for, a Scottish client was bought by a German company who promised to invest and grow the site. The company had some very specialist equipment for which it held the patents. 9 months after the purchase, the low loaders were taking all the machinery to Germany and about 300 jobs here were lost. The UK has been losing control and losing intellectual property to foreign owners for far too long. Short term gain for long term pain. Hmmmm From memory:- Kraft bought Cadbury's with lots of assurances and shat all over those straight away. Somebody (probably private equity) bought GKN and I'm fairly certain have started to asset strip it within a short space of time, which is kind of what they do of course. Didn't some other bunch of Yanks buy Cobham recently too? It all looks like one way traffic |
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Post by Big Blue on Jul 6, 2021 12:00:56 GMT
It all looks like one way traffic Hmmm. There was uproar when Vodafone bought Mannesmann in a hostile takeover…. |
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Post by PG on Jul 7, 2021 8:57:16 GMT
This sort of thing worries me, not for now but definitely for the future www.bbc.co.uk/news/uk-wales-57725053I don't see the Chinese as a benevolent owner in the long term. I'd feel the same if I found out they were buying large swathes of land (for example) as well. I don't think this case it quite a simple as some of the press are reporting it. According to the news item I read, the site was already foreign owned and the sale was contractually forced by terms in a contract that the factory had failed to deliver on. I don't see the Chinese as benevolent either. The trouble is that after 40 years of the west adopting a "if we trade with them they will become just like us" policy, when clearly it has done nothing of the sort, disengaging now might actually make the Chinese even more aggressive than they already are. I predict a lot of political can kicking on the whole China issue in the hope that over the next 40 years miracles may happen. |
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Post by Big Blue on Jul 8, 2021 20:54:15 GMT
The trouble is that after 40 years of the west adopting a "if we trade with them they will become just like us" policy, when clearly it has done nothing of the sort This is very much a western arrogance fault. Not just with China (Hong Kong being a clear example of "it's the Chinese way or the Highway") but anywhere else. When empires were broken up it was assumed that order and societal development would continue in the same manner as it did / does in Europe; the current situation in Afghanistan is a sign of failed lessons learned from Soviet-era experiences i.e. that nothing will have changed as soon as you're gone. |
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Post by Bob Sacamano v2.0 on Jul 9, 2021 5:25:41 GMT
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Post by racingteatray on Jul 9, 2021 8:16:00 GMT
That's quite astonishing. |
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Post by johnc on Jul 9, 2021 8:23:44 GMT
That's quite astonishing. Just market forces playing havoc with prices. My best man bought a 6 mth old top of the range Touareg around 2009/2010 for £23,500 when prices of anything big or with a big engine plummeted. He sold it 3 years and 40,000 miles later for almost exactly what he paid for it. |
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Post by Tim on Jul 9, 2021 8:30:08 GMT
Amazing, mind you it does look good in silver with the shadowline trim. Plus it should probably qualify for a blue plaque due to the ownership history  I thought the heated steering wheel was operated by a button at the bottom of the centre spoke? |
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Post by Martin on Jul 9, 2021 8:30:34 GMT
That's quite astonishing. It is! The problem is, as has been mentioned, unless you're not replacing the car it doesn't really help other than to make you feel better, as the cost to change gap hasn't changed that much . New prices have increased (as have lead times) and if buying a used car, the cost to change will probably have increased. Throughout the 70s, my Grandad used to buy a brand new Volvo every year and got more for it than he paid, which made a Yorkshireman very happy. But that was due to raging inflation and the new one was a lot more expensive....a good example of man maths at work. |
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Post by Tim on Jul 9, 2021 8:32:02 GMT
That's quite astonishing. Just market forces playing havoc with prices. My best man bought a 6 mth old top of the range Touareg around 2009/2010 for £23,500 when prices of anything big or with a big engine plummeted. He sold it 3 years and 40,000 miles later for almost exactly what he paid for it. I've been keeping an eye on Nissan 370Z prices and I reckon that if I still had mine and had continued doing 7k miles a year it would now sell for very close to what I paid for it (£21k) in 2015. |
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Post by johnc on Jul 9, 2021 9:25:13 GMT
Amazing, mind you it does look good in silver with the shadowline trim. Plus it should probably qualify for a blue plaque due to the ownership history I thought the heated steering wheel was operated by a button at the bottom of the centre spoke? It is now but that age of car has the heated steering wheel button on the steering column just below the steering wheel adjustment lever. |
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Post by Martin on Jul 9, 2021 9:32:14 GMT
Amazing, mind you it does look good in silver with the shadowline trim. Plus it should probably qualify for a blue plaque due to the ownership history I thought the heated steering wheel was operated by a button at the bottom of the centre spoke? It is now but that age of car has the heated steering wheel button on the steering column just below the steering wheel adjustment lever.  |
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Post by Tim on Jul 9, 2021 9:37:07 GMT
Thanks both, top anoraking |
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Post by Martin on Jul 9, 2021 9:48:30 GMT
Thanks both, top anoraking You secretly love it that you've now got anorak level knowledge!  |
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Post by Bob Sacamano v2.0 on Jul 9, 2021 10:17:44 GMT
It is now but that age of car has the heated steering wheel button on the steering column just below the steering wheel adjustment lever. I had the car 2 months before I discovered it. |
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Post by Big Blue on Jul 9, 2021 10:36:43 GMT
Mine is on the column down there. The least ergonomic thing I’ve ever seen, aside from the Renault cruise control on off switch.
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Post by Martin on Jul 9, 2021 10:45:26 GMT
Mine is on the column down there. The least ergonomic thing I’ve ever seen, aside from the Renault cruise control on off switch. At least you know there will be one thing that's better about the new car |
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Post by Tim on Jul 9, 2021 11:12:29 GMT
Mine is on the column down there. The least ergonomic thing I’ve ever seen, aside from the Renault cruise control on off switch. I see your hidden heater switch and Renault cruise control and raise you the Vauxhall Meriva (the suicide doors version) light switch. Hidden down somewhere near your right knee but obscured by the steering wheel and unlit. So, coming to the car with little experience of driving it at night it would require use of a torch to find. I think that beats the other 2 as it's a necessity not some piece of frippery gayness (or an absolutely essential bit of kit in Martinworld  |
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Post by Big Blue on Jul 9, 2021 12:06:37 GMT
Mine is on the column down there. The least ergonomic thing I’ve ever seen, aside from the Renault cruise control on off switch. At least you know there will be one thing that's better about the new car I think the newer massage seats are better in terms of massaging function. |
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Post by Martin on Jul 9, 2021 12:13:45 GMT
At least you know there will be one thing that's better about the new car I think the newer massage seats are better in terms of massaging function. We're off and running! I assume they are the same as the 7 series, which have a huge amount of options including 'activation' and 'training' settings as well as massage, so the base does as much as the backrest. The 'Pelvis Activation' one is errrrr, interesting. |
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Post by Martin on Jul 17, 2021 6:17:59 GMT
Browsing on Autotrader and see the retail price of my car has gone up another £4-5k in a month. It would cost £2-3k more (at the more sensibly prices dealers) to buy it now that it did over a year ago even with 2.5x the miles.
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