Residual Values 2017

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VanB
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Post by VanB »

Was speaking to the SE at the OPC today about this very thing and residuals on diesels have fallen through the floor in relative terms. A combination of the whole diesel is bad thing and there simply being a large quantity in stock currently.
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Johnsmith
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Post by Johnsmith »

I spoke to a SE, and he said that there was no issue with diesel. If anything prices were firming up, so I'd better hurry up
mark-yorkshire
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Post by mark-yorkshire »

Residual values may improve if we have a bad winter.
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Spud
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Post by Spud »

Hope the calculator isn’t correct as the hit on my Diesel in 12 months is 50% if so this could be my last Porsche as when I was looking to change in another 12 months another Macan will be out the frame ☹️
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jk88
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Post by jk88 »

Johnsmith wrote: Thu Nov 30, 2017 5:21 pm I spoke to a SE, and he said that there was no issue with diesel. If anything prices were firming up, so I'd better hurry up

All depends on whether you're buying or selling ;)
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ScotMac
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Post by ScotMac »

jk88 wrote: Fri Dec 01, 2017 7:43 am
Johnsmith wrote: Thu Nov 30, 2017 5:21 pm I spoke to a SE, and he said that there was no issue with diesel. If anything prices were firming up, so I'd better hurry up

All depends on whether you're buying or selling ;)
Indeed :)
Johnsmith
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Post by Johnsmith »

salesmen are just that. At least they call themselves sales rather than IFAs!

A bit of snow could be a good time to offload a diesel, but surely the best option is just to keep it 10 years - by which time petrol will probably also be knackered !
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Semerka
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Post by Semerka »

It's a good time to buy a secondhand diesel, you can get a lovely Macan for a very good price. When we were looking for a Macan SD in late 2015, it was cheaper to spec one up from scratch, then buying a used one.

There are still a lot of people who prefer and need diesels for one reason or another. Let's face it, the economy of the engine cannot be discounted.
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MikeMcan
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Post by MikeMcan »

Thanks everyone for there info, which I have used to check out -
On my March 2017 SD at 8000 miles-
Ford Site values it at £35,200 to £40,400
yet values same spec petrol S at £34,200 - £39,200 which has got to be wrong as they are in very short supply second-hand.
We buy cars SD £30,000 !!or Turbo £45,000 - which is way out.
Autotrader value is £48,000 private or £44,500 trade in, which is about right as I have been offered
from £42,000 to£44,000 trade in by OPC on a £64,000 used Mecan Turbo.
Yanwoo
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Post by Yanwoo »

My guess would be the Ford site is just churning up book prices (I believe glass is used pretty pervasively in the UK)? And not sure how responsive that is to short term price trend deviations like we maybe we're seeing with diesel vehicles?

...also, when you're trading in, dealers are using the trade-in price to effectively discount the car you're buying... so isn't directly comparable.

Incidentally...this is a seemingly reasonable thing to do, but is actually a sneaky ploy to manipulate you! Better to focus on the total cost of the switch, rather than get to hung up on the value of your car (which is exactly what the dealers are trying to take advantage of).
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