Mobby
Member
Registered: 31st Dec 07
Location: Leicestershire
User status: Offline
|
Going to try and get into selling and buying cars for abit so im going to have a look at a saxo tomorrow.
Spec :
1999 vts blue
16'' alloys
sub, amp, headunit
dtm mirrors
backbox
no mot
no tax
Guy said it failed on lamba sensor so that wont be a problem and he's selling due to company car.
Had a look on the bay but a few are classified ads and they always charge over the moon.
What price would you be looking to pay for it?
|
grez12
Member
Registered: 30th Aug 08
Location: cleethorpes dn35
User status: Offline
|
scrap value but then again i dont like french cars lol
|
DannyB
Premium Member
Registered: 6th Feb 08
User status: Offline
|
Fuck all with no mot or tax, few hundred at the most.
|
Mobby
Member
Registered: 31st Dec 07
Location: Leicestershire
User status: Offline
|
Lamba sensor then its through its mot, its got the mot fail sheet.
Gotta be worth 800 with tax and mot ???
|
DannyB
Premium Member
Registered: 6th Feb 08
User status: Offline
|
Yeah maybe 7-800 
|
Mobby
Member
Registered: 31st Dec 07
Location: Leicestershire
User status: Offline
|
quote:
Originally posted by DannyB
Yeah maybe 7-800
I really wanna think track though  wish i was rolling in it !!
[Edited on 01-08-2009 by mobby]
|
x14xe sport
Member
Registered: 27th Apr 09
User status: Offline
|
one of those things can be hard to sell as limited market for high insurance hot hatches, is it def lamba sensor? take it it falied emmissions?
|
DizzyRebel
Member
Registered: 2nd Jan 09
Location: Lincoln
User status: Offline
|
id pay £300-£400 depending on mileage and condition.
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
|
If it were that easy to make money on it then why isn't the guy who is selling doing it?
Odds are it's something more as well, make sure you check the fail sheet and see the entire list not just one thing he tells you.
And don't pay too much. It'll cost you at least 40 quid for a MOT and 100 quid for some tax. Plus whatever it needs to pass. And it'll still only be worth 800 quid, and that is before you've even advertised it anywhere.
|
davcohen
Member
Registered: 1st Nov 03
Location: North London
User status: Offline
|
just remember a car can pass an MOT but still have some issues which would need sorting.
so dont just go in assuming on sensor then bang sell for a profit
|
DizzyRebel
Member
Registered: 2nd Jan 09
Location: Lincoln
User status: Offline
|
£300 for the car, £300 budget to get it to sale standards and that gives you a £200-£300 profit on the car.
[Edited on 01-08-2009 by DizzyRebel]
|
Mobby
Member
Registered: 31st Dec 07
Location: Leicestershire
User status: Offline
|
Im having a look tomorrow, he said exterior is good condition as well as interior.
He wants 500, im going to try 400, 80 for mot, and i dont know how much tax is?
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
|
quote:
Originally posted by mobby
i dont know how much tax is?
Look it up and if you want to make money, go there knowing what things cost.
Use this
http://www.corsasport.co.uk/board/viewthread.php?tid=423163
You'll find tax price on vehiclelicence.gov.uk and MOT history on motinfo.gov.uk
|
DizzyRebel
Member
Registered: 2nd Jan 09
Location: Lincoln
User status: Offline
|
Wouldnt want to pay over 4 for it myself. if you pay 5 you wont make a good profit on it. Like i said you have to budget for underlying problems.
tax is £100 for 6 months.
The cars worth 700-800 max so 500 isnt going to make you any profit. offer 350 and go no higher than 400
|
cjohnson
Member
Registered: 27th Apr 08
Location: silsden,west yorks.Drive: Astra van
User status: Offline
|
I don't know tbh mate, I will say though, my Dad used to buy and sell cars. He aought things that looked good condition but needed tidying up, ie a t-cut / polish and some new wheel trims. Would watch allsorts of cars, mainly small engined corsas and 106s etc, things that someone would just want as a run around for a few months etc. Just wathed them until end of auction and drop a bid. Then most of the time could easily make £100-£200 on a car.
Don't think you will make money on every car though, my Dad lost money a few times, but mostly made money. Says the credit crunch killed it, with no-one buying.
Just have a go mate, but keep a budget in your head, look at the car and ask yourself if it would make you the money you want to make, without costing you too much to tart up.
Tax and MOT are obviously a bonus, but my Dad does all his own work to our cars anyway so it wasn't much of a problem to mot a car if little needed doing
|
ChrisBoom
Member
Registered: 6th Dec 06
Location: Highland
User status: Offline
|
I got my VTS that I used for a donor car, with 10 months MOT and 2 months tax, for a lot less than any prices quoted in this thread.
VTS's are usually quite cheap really, its the GTI's that are well overpriced.
|
