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Author Loosing money on cars?
All Torque
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Registered: 17th Nov 05
Location: Milton Keynes Drives: Ford Focus TDCi
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8th Mar 10 at 23:01   View User's Profile U2U Member Reply With Quote

Bought first car (corsa) for £1250 and sold it a year later for £500

Bought a polo for £1700 and sold it a year later for £800

Bought a Xsara for £1750 and 3 years later after £2,000 bills sold it for £900

Fuck.
Jas
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Registered: 13th Oct 04
Location: Mid Wales
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8th Mar 10 at 23:02   View User's Profile U2U Member Reply With Quote

tbh

some of the cars I've bought I've not lost on..

my old saxo I bought for 2k

part ex with 1800 for my old cupra, which I spent about 500quid on and sold 6months on for 5.600


bought my mr2 for 2300 sold it for 2200 1 year on


Dont think id lose much on the cupra I just bought now either
antnee
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Registered: 30th Dec 07
Location: Cov Drives: Clio 197
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8th Mar 10 at 23:06   View User's Profile U2U Member Reply With Quote

Lost £100 on the golf, made £500 on the yellow Ibiza
Whittie
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Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
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8th Mar 10 at 23:07   View User's Profile U2U Member Reply With Quote

Bought a corsa for £6k, sold it for £3800 a year or two back. Lost a couple of grand I guess.
AndyCorsaSport
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Registered: 12th Feb 06
Location: Horsforth, West Yorkshire
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8th Mar 10 at 23:13   View User's Profile U2U Member Reply With Quote

First car for £1250 which i scrapped

Second car i paid £1750, swapped with Linch and got £500 my way

So in theory 3rd car was £1250, sold 9month later for £1500

4th was £1500, sold for £1350

Current was a lovely price, and think i can easily make money on it when i want to sell it.
Mike
Organiser: North West and North Wales
Premium Member


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Registered: 20th May 06
Location: nr. Skipton, North Yorkshire
User status: Offline
8th Mar 10 at 23:20   View Garage View User's Profile U2U Member Reply With Quote

I remember my mum buying a 306 a few years back. Paid £2.5k from a garage then px'd it against a 316 from another garage about three months later and got £3250 for it

Made £750 driving a car round for 3 months
Ben G
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Registered: 12th Jan 07
Location: Essex
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8th Mar 10 at 23:21   View User's Profile U2U Member Reply With Quote

bought my fiesta zetec s brand new for 9950, sold it a year later for 8795.

bought the focus brand new for 18k, sold for 13750 2 years later.

not too bad really.
Colin
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Registered: 4th Apr 02
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8th Mar 10 at 23:23   View User's Profile U2U Member Reply With Quote

Approx figures for me is:

Corsa cost me around 8k in totl including buying it, mods, new engine & I px'd it for around 3k

MR2 was 11k, mods came to around 2000 sold 18 months later for 8k

BMW E0 paid 1200 & spent about £400 on then px'd a few monts later getting £500

Impreza cost 5k, mods - about 3k sold for 4k

Clio bought for 3k, sold for 2500 10 months on.

Alfa - Free Repairs - £400-ish for mot - sold for £1200

Golf mk2 £500 quid - sold for £1500 - WIN

Golf Mk4 bought for 6k, around 2000 on mods then px's for 2900 - LOOSE

M3 - Bought for 18700, refrained from modding because parts are too expensive. Hopefully wont loose loads when I sell!!

Obviously not accurate as I cant account for everything but around 18-19k in 9 years isnt too bad......2k a year.

[Edited on 08-03-2010 by Colin]
Fad
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Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
User status: Offline
8th Mar 10 at 23:25   View User's Profile U2U Member Reply With Quote

Corsa B bought it for 6k (Spent ££££ on it) Got 3600 for it in 2007

Astra Gsi bought for 8.6k sold for 8.6k a year later.

Clio bought for 6.8k (well under market value) 45k and 2 years later its worth around 5.5k

Learnt my lesson (kinda) after the Corsa
Daniel_Corsa
Premium Member

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Registered: 21st Apr 04
Location: Wigton, Cumbria
User status: Offline
8th Mar 10 at 23:34   View Garage View User's Profile U2U Member Reply With Quote

Dread to think...

Corsa B - Lost about £9,000+
TT - Lost about £3,500+
Golf - ...

Modifying is a mugs game!


April '06' Corsasport Feature Car | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
Jambo
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Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
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8th Mar 10 at 23:38   View User's Profile U2U Member Reply With Quote

Z3 =
CorsAsh
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Registered: 19th Apr 02
Location: Munich
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8th Mar 10 at 23:38   View User's Profile U2U Member Reply With Quote

I've lost so much on the Rex. But I loves her.
Adam_B
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Registered: 13th Dec 00
Location: Lancashire
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8th Mar 10 at 23:55   View User's Profile U2U Member Reply With Quote

I've not lost personally that much but I've cost Direct Line just under £50,000

[Edited on 08-03-2010 by Adam_B]
Mike
Organiser: North West and North Wales
Premium Member


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Registered: 20th May 06
Location: nr. Skipton, North Yorkshire
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9th Mar 10 at 00:10   View Garage View User's Profile U2U Member Reply With Quote

LMAO
andy1868
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Registered: 22nd Jun 06
Location: Burscough, Lancashire
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9th Mar 10 at 08:58   View User's Profile U2U Member Reply With Quote

bought the corsa for £1500, sold it 2 years later for £1150. can't really complain.

i'll probably lose on the teg, the price of them dropped after i bought it but looking at the ones for sale at the moment i may actually break even
Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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9th Mar 10 at 09:06   View User's Profile U2U Member Reply With Quote

Bought my first golf for £50 quid needed a wing and leg (cost about £150 to do. Sold that for £800

Corsa I lost money on but not too much (that was mainly due to modifying it.)

Broke even with the Anniversary even though I traded it in. (owned that for 2 years)

[Edited on 09-03-2010 by fro-dizzle]
DaveyLC
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Registered: 8th Oct 08
Location: Berkshire
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9th Mar 10 at 09:10   View User's Profile U2U Member Reply With Quote

All in all I'm up thousands on cars.. But I buy and sell on the side
Ian W
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Registered: 8th Nov 03
Location: Wirral, Merseyside
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9th Mar 10 at 09:10   View User's Profile U2U Member Reply With Quote

So far only car I lost on is the Corsa, 10k+

If I sold the S3 now probably lose about 3k.

3CorsaMeal
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Registered: 11th Apr 02
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9th Mar 10 at 09:19   View User's Profile U2U Member Reply With Quote

bought my car 3yrs ago for £4k, i've put more than 50,000miles on it, and could sell it for £3250

not too bad
GF-91
Banned

Registered: 8th Jul 09
Location: Burnley!
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9th Mar 10 at 09:23   View User's Profile U2U Member Reply With Quote

Got a car for free sold for £70. at least I made some money
a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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9th Mar 10 at 10:57   View User's Profile U2U Member Reply With Quote

bought my corsa for £1k sold it for £2400 iirc

did spend around £20k on it so only a £18500 loss
3CorsaMeal
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Registered: 11th Apr 02
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9th Mar 10 at 12:04   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by a_j_mair
bought my corsa for £1k sold it for £2400 iirc

did spend around £20k on it so only a £18500 loss


pmsl, i failed to mention the amount i've spent on it too

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