19 replies to this topic

[CityEPete]

Stashing new cars isnt wise imo, people who stashed Cooper 500 sports that cost what £14k new in 2001ish are only just seeing a return on that money,15 years later, do the ones advertised for 20k even sell? At the same time my mate bought a 998 1968 cooper mk2 with an mot for £2200, if the people who invested in the new ones had bought 6 of those instead for £13200 they would have £42000 if we base an average of 7k per car as a slightly rough but genuine example which I'd say was an under estimate? 2 mint cooper mk1s at the time would have come within budget and now net 100k the pair possibly?


I'd wager rather than spending 25k on a new one now that investing 25k in an old one that already has a following would return much more in the long run? Even sticking it in a high interest account for 15 years would be wiser imo.


Now buying one and enjoying it for the next fifteen years, that sounds more like a plan to me! :-D

Edited by CityEPete, 07 February 2016 - 04:48 PM.

[venkman]

People not necessarily gonna agree but here's my two pence worth. When I look at Ford,Vauxhall,vw etc they have lots of parts that are swapped between each other to keep costs down.
When I look at the new discovery, range rover,and that "posh spice one evoque" they have that look that looks similar between them all, I guess this could have some reasoning behind the demise of the good old defender.
Think most car company's just want to make big money on something someone else has come up with. Personally don't see why Bentley have to make a 4x4 just to be in that market and grab a few more pounds,in my opinion they were always luxurious cars.
Rant over!!

[MaxAndPaddy]

I wouldn't be putting one into storage, the market for mini's and defenders are in some ways quite similar, most people want one they can drive and ENJOY rather than stick in showroom with carpet mats and ambient heating. Delivery mileage vehicles are a very small market.

 

On the other hand, if you want a car that already had ridiculously low depreciation which will now only improve, then its a great car to own. The value of ours has gone up in the last 6 months and I expect it to hold pretty steady. On the downside, its is NOT a cheap car to own and run on the road, but like our mini's, it brings a smile very time we get behind the wheel and that is.....priceless

[mab01uk]

Think most car company's just want to make big money on something someone else has come up with. Personally don't see why Bentley have to make a 4x4 just to be in that market and grab a few more pounds,in my opinion they were always luxurious cars.
Rant over!!

 

Car companies are in business to make money and pay their workforce, you have to produce what people wish to buy and follow or predict market trends and change or diversify if necessary........those that don't end up like BL / Rover with poor sales or get taken over by more successful companies. Bentley are now owned by VAG and Rolls Royce are owned by BMW, since then with investment from profits they have both become more successful as has JLR under Tata.......there is obviously a big worldwide & export market for luxurious 4x4 cars which Bentley can't afford to leave only for Range Rover and others to exploit.

Edited by mab01uk, 08 February 2016 - 12:55 PM.

[Cooperman]

BMC/BLMC/Austin Rover/Rover, or whatever they wanted to call themselves, is a prime example of how not to run a business. They couldn't have got it more wrong. Even their premium brands like Land-Rover and Jaguar couldn't make up for the total stupidity shown by both the management and the trades unions. The had to produce cars which no-one wanted because the unions would not let them close a plant and the management were not srong enough to stand up to them.

Now companies do their market research to see what the market wants and what they will pay for it. So you have the product ranges which sell and which make profits.

The other example of total ineptitude was the U.S. car makers. When the sales of Japanese and European cars reached 50% of their total domestic market one might have thought that someone would ask why more Yanks were no longer buying Chevvys and Fords. But no, they just carried on building the same old junk with predictable results. The silly thing is that at the same time the European plants of GM and Ford owned products which their basic US market would have loved, like the Mondeo, Astra, Escort, etc.

But we sure make some nice cars in the UK now - Toyota, Nissan, Honda, Ford & Vauxhall. All superb products.