Used car prices

Author
Discussion

smifffymoto

Original Poster:

4,728 posts

211 months

Tuesday 31st March 2009
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I was thinking of selling my Impreza sti before my imminent arrival to France but decided against it because I was not willing to throw 10k down the drain and sell for about 16k if I was lucky.Well bugger me,I checked French Ebay out of curiousity,they are being sold by dealers for 25-30000 euro and they are bit older than my car.Is it just me are the French paying over the odds(compared to uk)for used cars

bobt

1,323 posts

209 months

Tuesday 31st March 2009
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Its not just you, and its not just the French. The UK is so cheap for many reasons. Piss poor exchange rate, throw away society that only want new stuff, up until six months or so a go, cheap fiance to fuel new car purchases. The fact that there were many 60K cars sitting outside council houses etc.

Cars in Portugal are even more than France as they still ahve a very high car tax on top of 20% VAT.

I reckon there is a good business for a mechanic buying in the UK and converting to LHD, and selling in France.

Deva Link

26,934 posts

251 months

Tuesday 31st March 2009
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UK has just about the cheapest used car prices in the world - absolutely no idea why, but can only guess that too many new cars are sold here (but I don't think it's much less in France and the population is about the same).

I think a big culprit is that our system plate changes not only ages cars in a way that doesn't happen elsewhere, but doing it twice a year seems to age them at double the speed.

Apparently people from Eastern Europe will buy old Mondeos from the UK on eBay, fly over here, drive them back, convert them to LHD, and then sell them for a profit. How bonkers is that?

lagrange

19 posts

209 months

Wednesday 1st April 2009
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I think there's also a cultural reason : in France we considere a sportscar as a luxury. I've got the felling that in UK having a sportscar isn't so exceptionnal.

Considering also that the french laws about homologation exclude most of the models you can have in UK, the concurrency isn't so strong.

Just an example : il you want a brand new lightweight car, you got the choice between Lotus (almost all models are imported), Caterham (just 2 or 3 models available), KTM X-bow and that's all.
In UK you can add a few Caterham, Ariel, Ginetta, Radical and all the Kit cars you can imagine.
For sure you're not gonna spend 20k£ in a S1 used Elise if you can have all the same fun with a 10k£ Seven Replica.


SFM

123 posts

220 months

Wednesday 1st April 2009
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It`s not just cars, back in september I bought a brand new KTM 690 smc, with new exhaust etc etc 5600 otr in France completely standard 8950 euros!! just can`t get my head around how expensive cars/bikes and materials are over here. B+Q a sheet of mdf is about £15, local bricolage... 54 euros!
who is making all the money?

Deva Link

26,934 posts

251 months

Wednesday 1st April 2009
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SFM said:
who is making all the money?
I gather people in France typically get paid less than in the UK (although taxes are a bit less) - is that true?

If so, with all the stories about the € that we keep seeing saying a coffee is €5 and a beer is €7.50, I know they're probably Paris tourist prices, but how is the average French person doing?

geordieexpat

482 posts

198 months

Wednesday 1st April 2009
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€5 for a coffee must be paris, in the SW its around 2 to 2.5

lagrange

19 posts

209 months

Thursday 2nd April 2009
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I confirm that coffe is 2 or 3€ as usual price.
And even if that's a lot better than Paris turists price, its still way too much expensive.
Changing "francs" in Euros was a good way for businessmen to get more money.
Prices increased tremendously for little things (bread : almost twice the price in 10 years, coffe in restaurants is five times more expensive...).