Unique Citroen experience
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Thread: Unique Citroen experience

  1. #1
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    Default Unique Citroen experience

    Friend wanted to buy a Cit C4... i told them not to buy as the resale will kill them . Anyways they rocked up one week later with a 10,000k car from a dealer.... $27000.
    Just 12 months later they needed to sell the car due to growing family.....asked me what should they put on it for quick sale..... i said $15000. They laughed at the comment.
    One year later it was still on the market with no bites....beautiful car....top of the range !! Why?

    Long story short.... it eventually sold for $14k with 20,000k's on it. Ouch !!

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    Here is the funny bit ..................a few years later now they required a cheap run around car. They liked the Cit thus went looking for another one......guess what........their old car was on Carsales with only 40k klms on it.... bargain at $9k. They are now the proud owners of their original car.
    Weird but true. :}
    gsowner84, Ken W, graham66 and 4 others like this.
    jr20516v

    Now:
    Honda EP3 supercharged , 205 GTi 1.9, Exige SC [modded], 205 Si., Colt Ralliart [ highly modded ]


    Previous: 205 x33 [ including MI16 TURBO, 8v TURBO, CTI, 16V+TB's, 8V+TB's,] Fiat X1-9 X3, Beta coupes x5, Lancia Gamma coupe, GTI-R, Corvette C4, Fiero x5, Alpine GTA turbo, r5 GTT Dimma, 2cv ripple nose, Lotus Elise, 205 Dimma TT, Cliosport 172.x2

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    Sadly/happily/luckily/unfortunately ..... the used car market has been hit by the low prices of new cars, so many used models are cheap/bargains.

    The variation in asking prices reflect this, as do the eventual sale prices.
    Some marques/models still have enough grunt to keep prices up, people will "pay" for Toyotas, WRXs etc.

    I've been researching "older" Benzes. When you consider that some models were about $110,000 - $120,000+ when new, and can now be bought (say 1998 - 2005) for $4,000 - $10,000 you can buy a LOT of car for quite low dollars.
    JohnW likes this.
    Once upon a time:


    Many R4s (incl. fourgonnette), R5LS, R16TS.


    GS 1015, 1220, sedans and wagons.
    CX 2200, 2400.
    ID 1966, 1969, DS21H, DSpecial, DS23 Pallas.
    C5 2002, 2004 petrol and diesel.
    sold ..... D Special 1974 ... to fellow Tassie AFer.
    sold ..... Xantia Activa 1998 (look out Gulargambone)
    sold .....GS 5 speed sedan (what a tale)
    sold .... 1986 2CV6

    And now:

    C5 2.2 HDI 2005 wagon
    CX25GTi 1985 auto
    CX2500 IE Pallas 1985 auto
    DS23 1973 Pallas
    DS23EFI 1975 Pallas

  3. #3
    JBN
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    Quote Originally Posted by jr20516v View Post
    Here is the funny bit ..................a few years later now they required a cheap run around car. They liked the Cit thus went looking for another one......guess what........their old car was on Carsales with only 40k klms on it.... bargain at $9k. They are now the proud owners of their original car.
    Weird but true. :}
    When I get reincarnated, I am going to start at my funeral and work my way backwards. The normal method is fraught with dangers and frustration and missed opportunities.

    John
    old coot likes this.

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    Fellow Frogger! N5GTi6's Avatar
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    Quote Originally Posted by garyk View Post
    Sadly/happily/luckily/unfortunately ..... the used car market has been hit by the low prices of new cars, so many used models are cheap/bargains.

    The variation in asking prices reflect this, as do the eventual sale prices.
    Some marques/models still have enough grunt to keep prices up, people will "pay" for Toyotas, WRXs etc.

    I've been researching "older" Benzes. When you consider that some models were about $110,000 - $120,000+ when new, and can now be bought (say 1998 - 2005) for $4,000 - $10,000 you can buy a LOT of car for quite low dollars.
    There is a reason for this depreciation of course.

    Just ask a mate of mine who bought an E55 and found it needed nearly $15K worth or repairs ! Cam timing gear, rear air suspension - you name it. The upkeep on some of these luxo models is just ridiculous !

    Another mate bought a 528i for very little dollars - which then needed $5K spent just on the cooling system.

    Be careful how much car you buy for quite low dollars - it might just end up being quite high dollars by the time you finish.

    In the same respect - look at the prices for second hand 3's - just crazy for such a basic car.

    Cheers

    Justin
    '07 Megane R26
    '07 C3 Exclusive
    '09 308 XSE Touring
    '10 308 Sportium Touring

  5. #5
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    I wasnt really making a point about depreciating cars....that i am well aware of. :} The main point was the uniqueness of the sale....how many people have purchased their old car back
    jr20516v

    Now:
    Honda EP3 supercharged , 205 GTi 1.9, Exige SC [modded], 205 Si., Colt Ralliart [ highly modded ]


    Previous: 205 x33 [ including MI16 TURBO, 8v TURBO, CTI, 16V+TB's, 8V+TB's,] Fiat X1-9 X3, Beta coupes x5, Lancia Gamma coupe, GTI-R, Corvette C4, Fiero x5, Alpine GTA turbo, r5 GTT Dimma, 2cv ripple nose, Lotus Elise, 205 Dimma TT, Cliosport 172.x2

  6. #6
    Fellow Frogger! garyk's Avatar
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    Yes, I appreciated the story!
    I'd say we all have a few somewhere in the past we wouldn't mind revisiting.
    Once upon a time:


    Many R4s (incl. fourgonnette), R5LS, R16TS.


    GS 1015, 1220, sedans and wagons.
    CX 2200, 2400.
    ID 1966, 1969, DS21H, DSpecial, DS23 Pallas.
    C5 2002, 2004 petrol and diesel.
    sold ..... D Special 1974 ... to fellow Tassie AFer.
    sold ..... Xantia Activa 1998 (look out Gulargambone)
    sold .....GS 5 speed sedan (what a tale)
    sold .... 1986 2CV6

    And now:

    C5 2.2 HDI 2005 wagon
    CX25GTi 1985 auto
    CX2500 IE Pallas 1985 auto
    DS23 1973 Pallas
    DS23EFI 1975 Pallas

  7. #7
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    I have calculated using advanced mathematical theorems the actual expense for the outlay on the overall purchase of the vehicle based on the data provided a figure of $22000.

  8. #8
    Fellow Frogger! garyk's Avatar
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    There is a reason for this depreciation of course.

    Just ask a mate of mine who bought an E55 and found it needed nearly $15K worth or repairs ! Cam timing gear, rear air suspension - you name it. The upkeep on some of these luxo models is just ridiculous !

    Another mate bought a 528i for very little dollars - which then needed $5K spent just on the cooling system.

    Be careful how much car you buy for quite low dollars - it might just end up being quite high dollars by the time you finish.

    In the same respect - look at the prices for second hand 3's - just crazy for such a basic car.


    Yes, and I'm curious about all this.
    Some Benzes (esp S class) appear to have very high maintenance and repair costs compared to other models.
    One reason I've stuck with Citroen is that the costs of
    maintenance and repairs are not high (in my experience).

    "I'm told" that although Toyotas don't often need work that the price of parts is quite high.
    And so it goes. Ditto Honda.

    So reliability and longevity are relevant. "Im also told" that Hyundai, etc, over 100,000kms need quite a lot of (uneconomical) work, so much so that they are not worth having at that stage in their life cycle.

    So id does seem to be both brand and model specific.

    Once upon a time:


    Many R4s (incl. fourgonnette), R5LS, R16TS.


    GS 1015, 1220, sedans and wagons.
    CX 2200, 2400.
    ID 1966, 1969, DS21H, DSpecial, DS23 Pallas.
    C5 2002, 2004 petrol and diesel.
    sold ..... D Special 1974 ... to fellow Tassie AFer.
    sold ..... Xantia Activa 1998 (look out Gulargambone)
    sold .....GS 5 speed sedan (what a tale)
    sold .... 1986 2CV6

    And now:

    C5 2.2 HDI 2005 wagon
    CX25GTi 1985 auto
    CX2500 IE Pallas 1985 auto
    DS23 1973 Pallas
    DS23EFI 1975 Pallas

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