487 replies to this topic

[ICD]

Wow. I’ve not heard of many owners making a profit after so long.


 

 

6 - 8 years ago price were at the bottom.

 

I would expect to make at least a £4k - £5k profit on mine if I sold now.

 

I originally bought new at £25k 19 years ago, and part exchanged after I put 130k miles on it after 12 years for a mint one, and another 70k miles later.

Am I one of the few who have done over 200k in these plastic sh*t boxes, and its still worth around 70% of its original cost.

 

The investment is not losing depreciation, but keeping their value stable, if I had bought an MX5, MR2, MGTF etc at the time they would all be worthless
 

[C8RKH]

Sold my Vx on Monday.

Bought it with 60k on the clock. Sold it with 131k on it.

Owned it for 11 years.

Sold for more than I paid for it.

That definitely equals a profit right

 

I assume you took off all the costs associated with maintaining/taxing it from your "gross profit" positon?  I suspect once you have done that, you will have a made a loss, not a profit!  (if some people, not you, want to treat as "investment" then you need to measure as an investment hahahahaha).

[james.a]

It was very much tongue in cheek. I spent C£28k on it over eleven years. Worth every penny and no regrets whatsoever

[Wolfstone]

It was very much tongue in cheek. I spent C£28k on it over eleven years. Worth every penny and no regrets whatsoever

You've still got to add on and settle the NPC's labour bill over those 11 years Jamez 😂

[james.a]

Not sure how much of a bill I should expect. How much can standing around googling soulutions and passing chocolate tools can realistically cost 😉😘

[C8RKH]

It was very much tongue in cheek. I spent C£28k on it over eleven years. Worth every penny and no regrets whatsoever

 

Lol!  

[Mani]

Prices are looking good for good examples of vx220s.
The odd vxr comes on the market every now and then and gets snapped up.
Its a sellers market at the moment

[coldel]

Yes prices for decent turbos are well north of £15k now - used cars in general are just going up thanks to lack of supply