Register Login
im Axle Specialists
Reply
 
Thread Tools
Old 09-12-2007   #31
Join Date: Jun 2007
Location: southampton
Posts: 193
Thanks: 0
Trader Rating: 0
United Kingdom 
Re: Depreciation disaster

Having bought a new MJ, I'll keep it untill the botom falls out, the reason for this is that I use it to do part-time courier work and this is racking up the miles. Without the associated extra cost of running the car Tax/insurance etc, it will pay for itself at after 14K miles.
Personally I would keep the car as suggested by many, as it such a usefull little workhorse and will last many miles, I'd say 60K is just run in for a modern well made diesel, and would expect another 60k trouble free motoring. Every diesel I have had has done over 150k with minor problems, ie glow plug change, exhaust gasket replace etc. therefore I well expect the MJ to attain at least a similar milelage.

Just keep it - it makes sense!.
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

Derv drinker is offline Reply With Quote Quote 
Old 10-12-2007   #32
Mr Pedantic
 
hmallett's Avatar
Join Date: Mar 2005
Location: Wales
Posts: 2,396
Thanks: 19
Trader Rating: 1
hmallett has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by Joshua Frost-Lunn View Post
just a little sign of cost cutting isnt it
Er, yes. That way the same instrument panel/dials can be used for the same model with different engines.
With respect to redlines differing at different temperatures, if you get in the BMW 7 series, the instruments are like illuminated LCD. On the rev counter the redline moves upwards as the engine warms up
__________________
Quote Originally Posted by 306maxi View Post
I love the Panda forum.... you guys are so much more chilled out than the 500 guys
hmallett is offline Reply With Quote Quote 
Old 10-12-2007   #33
Join Date: Jul 2007
Posts: 28
Thanks: 1
Trader Rating: 0
Re: Depreciation disaster

<<I think 40-45% is a more realistic value for a 3 yr old Multijet with average miles, say 36K.>>


Don't depreciation values reflect what has happened in the past? I've no doubt that your figures are correct, but I can't help but think that every time the price of fuel goes up, the value of every small/diesel car also increases. On top of that, with people's mortgages going up as well, surely there is more a demand to down-size, increasing demand for small/diesel cars further.

I know I'd prefer to be selling a Panda, esp a MJ, at the moment rather than a huge petrol 4x4 gas guzzler.

Time will tell, I guess.

Adnap
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides


Last edited by adnap; 10-12-2007 at 17:19. Reason: put quote back in...
adnap is offline Reply With Quote Quote 
Old 14-03-2008   #34
Join Date: Mar 2008
Posts: 1
Thanks: 0
Trader Rating: 0
Re: Depreciation disaster

Hi,

Probably too late to respond to this. I I got some awful offers on the Panda for PX and some good ones. I have NEVER known such variation. So more than even I would say shop around. Eventually got good offers both against a Grande Punto and a Skoda.
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

mjhughes is offline Reply With Quote Quote 
Old 14-03-2008   #35
Join Date: Jan 2008
Location: Valencia
Posts: 120
Thanks: 1
Trader Rating: 0
Spain 
Re: Depreciation disaster

That's so true.

My 2005 Dynamic 1.2 was worth between 3300 and 5000 depending on the dealer. Shop around and don't pay any attention to what the dealer says, it's their job to buy cheap and sell expensive.

We even managed to P.E. the company 2003 Previa Diesel with 225.000km on the clock for 7500 euros when some dealers wouldn't have touched it with a bargepole. FSH helped though
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

valencia100hp is offline Reply With Quote Quote 
Old 15-03-2008   #36
Moderator
Join Date: May 2007
Location: Manchester
Posts: 4,215
Thanks: 60
Trader Rating: 0
United Kingdom 
Re: Depreciation disaster

Must agree with what has already been posted in as much as I'm going to keep mine for at least 100,000 miles. One thing that's better than buying a new FIAT is to buy one that's pre-registered. In that case you can throw your depreciation figures out of the window as they're always based on the list price of a car rather than it's pre-registered value. The only down side is that dealers only usually buy basic models in for stock. That's why you don't see many Eleganzas on forecourts but dozens of 1.1 Actives & 1.2 Dynamics.
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

The Beard is offline Reply With Quote Quote 
Old 15-03-2008   #37
Join Date: Feb 2006
Location: Edinburgh & Fife
Posts: 380
Thanks: 16
Trader Rating: 0
United Kingdom 
Re: Depreciation disaster

We have a MJ Sporting on a 55 plate, its done about 14.000 miles, the on the road price was 8995, but ours was pre-reg and we got 2000 knocked off. Now we are looking to trade in here are some of the figures we have been quoted for the Sporting.

5800 for the sporting against a Suzuki Splash.
5500 " " " " Hyundai i10
4700 " " " " Fiat 500

Only 3 garages and yet there is 1100 differance between them yet they all say they are working from the same book of figures, i reckon this is a load of Bull s**t.

I dont know if Suzuki have some type of deal on at the present but the Splash has the same MJ engine, but it puts out 75 bhp so it looks as though Fiat have lost a customer.

Ian
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

Highlander is offline Reply With Quote Quote 
Old 16-03-2008   #38
Join Date: Dec 2006
Posts: 467
Thanks: 1
Trader Rating: 0
United Kingdom 
Re: Depreciation disaster

Don't get suckered by the pre-reg con, all it does is show how much the dealer is prepared to let a new one go for, in fact if you haggle hard enough you can get new cheaper.
__________________
FIAT Forum Useful Links:
Donate to FF | Buy FF Merchandise | Classifieds | FF Insurance | How-to Guides

b1g1an is offline Reply With Quote Quote 
Old 17-03-2008   #39
Mr Pedantic
 
hmallett's Avatar
Join Date: Mar 2005
Location: Wales
Posts: 2,396
Thanks: 19
Trader Rating: 1
hmallett has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by Highlander View Post
5800 for the sporting against a Suzuki Splash.
5500 " " " " Hyundai i10
4700 " " " " Fiat 500

Only 3 garages and yet there is 1100 differance between them yet they all say they are working from the same book of figures, i reckon this is a load of Bull s**t.
But you're comparing against different PX cars. The Suzuki dealer may be "charging" you list price for the Splash, but they give it you for less, then make the PX seem generous. Fiat probably won't give you anything off the 500.
At the end of the day, the only price that matters is the price to change.
__________________
Quote Originally Posted by 306maxi View Post
I love the Panda forum.... you guys are so much more chilled out than the 500 guys
hmallett is offline Reply With Quote Quote 
Old 17-03-2008   #40
Get Your Own Title!
 
Scrogg's Avatar
Join Date: Dec 2007
Location: Bristol
Posts: 1,604
Thanks: 146
Trader Rating: 0
Scrogg has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by b1g1an View Post
Don't get suckered by the pre-reg con, all it does is show how much the dealer is prepared to let a new one go for, in fact if you haggle hard enough you can get new cheaper.
The 'pre-reg con' as you put it has nothing to do with dealerships.

Pre-registered cars are cheaper because the manufacturers (all of them, not just Fiat) give their dealerships extra money for registering large numbers of new cars to themselves. If the same dealerships had sold the same cars as new they would not have had the margin to sell them as cheaply.
__________________

Outside of a dog, a book is a man's best friend. Inside of a dog it is too dark to read
- Groucho Marx

Last edited by Scrogg; 17-03-2008 at 01:48.
Scrogg is offline Reply With Quote Quote 
Old 17-03-2008   #41
Ink Slinger
 
ThisBitterPill's Avatar
Join Date: Mar 2004
Location: United Kingdom.
Posts: 1,420
Thanks: 82
Trader Rating: 0
ThisBitterPill has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by Scrogg View Post
....Pre-registered cars are cheaper because the manufacturers (all of them, not just Fiat) give their dealerships extra money for registering large numbers of new cars to themselves. If the same dealerships had sold the same cars as new they would not have had the margin to sell them as cheaply....
Surely the manufacturers reward the volume-sales dealers with heavy bonuses for selling over their agreed 'target' . The dealer pre-registers vehicles to meet (and exceed) that target, therefore securing their bonus. I don't think the manufacturers actually give them money for pre-registering....

I agree with b1g1an....Dealers working on volume sales who are pre-registering are obviously very willing to sell stock cheap, so there are bargains to be had!
__________________



ThisBitterPill is offline Reply With Quote Quote 
Old 17-03-2008   #42
Get Your Own Title!
 
Scrogg's Avatar
Join Date: Dec 2007
Location: Bristol
Posts: 1,604
Thanks: 146
Trader Rating: 0
Scrogg has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by ThisBitterPill View Post
I don't think the manufacturers actually give them money for pre-registering....
No, of course they don't. A manufacturer has never offered a dealership extra bonus money to pre-register a load of cars!
__________________

Outside of a dog, a book is a man's best friend. Inside of a dog it is too dark to read
- Groucho Marx
Scrogg is offline Reply With Quote Quote 
Old 17-03-2008   #43
Ink Slinger
 
ThisBitterPill's Avatar
Join Date: Mar 2004
Location: United Kingdom.
Posts: 1,420
Thanks: 82
Trader Rating: 0
ThisBitterPill has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by Scrogg View Post
....the manufacturers (all of them, not just Fiat) give their dealerships extra money for registering large numbers of new cars to themselves....
__________________



ThisBitterPill is offline Reply With Quote Quote 
Old 17-03-2008   #44
Get Your Own Title!
 
Scrogg's Avatar
Join Date: Dec 2007
Location: Bristol
Posts: 1,604
Thanks: 146
Trader Rating: 0
Scrogg has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by ThisBitterPill View Post
I'm lost now. Are we just trying to out- each other?
__________________

Outside of a dog, a book is a man's best friend. Inside of a dog it is too dark to read
- Groucho Marx
Scrogg is offline Reply With Quote Quote 
Old 17-03-2008   #45
Ink Slinger
 
ThisBitterPill's Avatar
Join Date: Mar 2004
Location: United Kingdom.
Posts: 1,420
Thanks: 82
Trader Rating: 0
ThisBitterPill has donated!
United Kingdom 
Re: Depreciation disaster

Quote Originally Posted by Scrogg View Post
I'm lost now. Are we just trying to out- each other?
No....
__________________



ThisBitterPill is offline Reply With Quote Quote 
Reply
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump
Similar Threads
Thread Thread Starter Forum Replies Last Post
the disaster which is... bulldog5046 Leisure Lounge 8 10-04-2006 03:22
Disaster Strikes Bren J Leisure Lounge 25 31-12-2005 18:34
(T) Disaster cm246 Cinquecento / Seicento 11 17-10-2005 21:52
Disaster Luke I.C.E 29 17-01-2005 00:55
Near disaster.... The Negotiator Leisure Lounge 29 10-06-2004 04:26