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Old 27th November 2013, 22:55   #1
Z T Top
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MG ZT+ SE 131

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Default Is now a good time to buy a V8

I like always have always wanted a V8. I loved my CDTI but lets be honest the V8 is what it is all about.

There are two on offer at the moment, one just over 5k and one just bellow that I am thinking of going to view, both seem honest enough but the truth is I am getting worried if now is the time to buy.

Initially I thought the prices seemed fair but most people on the forum seem to be saying 4k is their present value and I have just been on Parkers and it gives the following values on a 55 plate 80,000 miles with SE spec:

Original Price
£33,495

Franchised Dealer
£2,055

Independent Dealer
£1,810

Private Good
£1,570

Private Poor
£1,150

Part Exchange
£1,245

The question is, is now a good time to buy and what is the true going price of a good V8. I don't want to pay circa 5k today and find it is worth 1k in twelve months time.

My CDTI obviously depreciated but I did quarter of a million miles in her, a V8 would be very low mileage.
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