Seriously?

[Othen]

Originally Posted by Chris1Roll

I suppose that may be about right these days - a car that size could be as much as £500 just weighed in for scrap, so if the buyer sees _any_ value in it above that...
Gone are the days of buying usable cars for £200, sadly.

Random anecdote, my brother and I were going to look at a v70 for him on Saturday afternoon just gone, MOT measured in days, priced at £995. Thought if we had to spend as much as £500 on the MOT work, it would still be a decent deal.
Got a call before we got there to say he had sold it to someone who had looked at it that morning then gone away to think, and then come back - for £2k!

It is a good thing that scrap has a value again; 30 years ago cars were being abandoned on street corners because they had no scrap value. We waste a bit less now.

There is too much money around at the moment (I think as a result of quantitative easing going back to 2007) which is causing a little bit of inflation at the moment and sometimes manifests itself in odd places, like second hand car prices.

I'm still struggling to see why anyone would pay £750 for that 240 VWW, by the time it is collected with a trailer it will cost a grand and would never be worth fixing. Ho hum.

[230ina245]

Scrap prices are heading down again, unfortunately.
Tim

[Chris1Roll]

Originally Posted by Othen

It is a good thing that scrap has a value again; 30 years ago cars were being abandoned on street corners because they had no scrap value. We waste a bit less now.

There is too much money around at the moment (I think as a result of quantitative easing going back to 2007) which is causing a little bit of inflation at the moment and sometimes manifests itself in odd places, like second hand car prices.

I remember in the early 2000's having to pay a scrapyard to take a car!
Then being pleased when they started taking them for free.

Originally Posted by Othen

I'm still struggling to see why anyone would pay £750 for that 240 VWW, by the time it is collected with a trailer it will cost a grand and would never be worth fixing. Ho hum.

Me too, but then I'm still struggling to come to terms with s/hand car prices in general. When I decided in late 21 that I wanted to ditch the company car things still seemed sensible, when the lease ended in Dec 22 and I could hand it back everything seemed to have gone mental! Just poor timing.

[Othen]

Originally Posted by Chris1Roll

I remember in the early 2000's having to pay a scrapyard to take a car!
Then being pleased when they started taking them for free.



Me too, but then I'm still struggling to come to terms with s/hand car prices in general. When I decided in late 21 that I wanted to ditch the company car things still seemed sensible, when the lease ended in Dec 22 and I could hand it back everything seemed to have gone mental! Just poor timing.

Indeed yes, cars with no registration plates dumped on street corners were a common sight around the turn of the century when metal commodity prices were very low and the cost of proper recycling increased a lot due to legislation. Scrap yards would charge so motor cars were often abandoned, which was a costly headache for local councils.

We have enjoyed something of a halcyon period since 2007 with extremely low interest rates and an enormous increase in the money supply. That (quantitative easing) was almost certainly the right thing to do, the alternative being a global recession, but it has got folk hooked on cheap money. Most things are still too cheap, this manifests itself as inflation - there will (inevitably, it will not matter which administration we elect) be some pain to come.

These things just happen

[Suterman]

11.5k

https://www.ebay.co.uk/itm/125946314...Bk9SR-y2y4-LYg

[Moomoo]

Originally Posted by Suterman

11.5k

https://www.ebay.co.uk/itm/125946314...Bk9SR-y2y4-LYg

It has been remarked upon bud!👍

[Othen]

I saw this ad for a 360GLT at 7 grand:

https://www.ebay.co.uk/itm/204330187...Bk9SR7bbgcCLYg

... surely not.

It isn't a particularly low mileage motor car, has very little provenance, is a long way from qualifying as an historic vehicle... and its a 300

[Moomoo]

Originally Posted by Othen

I saw this ad for a 360GLT at 7 grand:

https://www.ebay.co.uk/itm/204330187...Bk9SR7bbgcCLYg

... surely not.

It isn't a particularly low mileage motor car, has very little provenance, is a long way from qualifying as an historic vehicle... and its a 300

One loses credibility as a dealer with such chancery!🧐

[230ina245]

Worth it for the "rare cassette storage box in centre console" alone !!
Tim

[Laird Scooby]

Originally Posted by Othen

I saw this ad for a 360GLT at 7 grand:

https://www.ebay.co.uk/itm/204330187...Bk9SR7bbgcCLYg

... surely not.

It isn't a particularly low mileage motor car, has very little provenance, is a long way from qualifying as an historic vehicle... and its a 300

Fairly sure this one was linked to not so long back?

Not so sure the seller knows what he has though, he quotes a B200F engine in it - no "CATALYSER" badge on the boot and an LE-Jetronic injection system say he's probably incorrect on that one!
Also has a block mounted dizzy so most likely is that it's a B19E (never understood why Volvo redesignated the 2.0 as the B19 but there you go) but whichever way you view it, the 360GLT was rare when new and even rarer now.

Whether that adds up to £7k is another matter though.........