Is now a good time to buy a V8

Z T Top · 27th November 2013, 22:55

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.

A19_Graham · 27th November 2013, 23:52

there's Plenty on here, who will undoubtedly give their opinions on the Value.

However, it all depends on if they're selling or buying.

tareim · 27th November 2013, 23:53

there is no way a v8 will be worth 1k in a years time unless it was a complete wreck

Jakg · 27th November 2013, 23:53

Until Parkers start selling cars you have to take their values with a pinch of salt - it's a guide, but I doubt the V8 will be at £1k in the next 3-4 years.

Z T Top · 27th November 2013, 23:57

OK, that's good< but what is the right price today?

James.uk · 28th November 2013, 00:20

If you want it, then buy it, lifes too short innit....

Monetary value only matters if you are looking to sell it for profit..
...

Les4048 · 28th November 2013, 06:53

IMO there's no right price. If you see one at a price you can pay go for it. I did and paid a sum of money that some said was too much but now in my second year of ownership and never regretted it. Too many say they want one but never actually buy one

Les4048 · 28th November 2013, 06:54

Quote:

Originally Posted by James.uk

If you want it, then buy it, lifes too short innit....

Monetary value only matters if you are looking to sell it for profit..
...

I totally agree James

Greeners · 28th November 2013, 08:50

If you can afford to fuel it then it's always a good time.

I'm on my second and I love it, it's so different from the a FWD ZT.

As for price, there aren't many about, if you buy cheap you will end up spending money on it, a well maintained one is the way to go ...

MrDoodles · 28th November 2013, 08:52

Well December/January is always the best time to buy a car, because it's the time when demand is at it's lowest!

However, it's finding someone willing (or desperate) enough to accept the lower price that the demand dictates!

As far as V8 values are concerned, you may want to PM me, as I have my own views on there values and there are a lot of factors that affect them!

27th November 2013, 22:55	#1
Z T Top Gets stuck in MG ZT+ SE 131 Join Date: Oct 2007 Location: Beautiful North Wales Posts: 658 Thanks: 1 Thanked 4 Times in 4 Posts	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. __________________ [SIGPIC][/SIGPIC]

27th November 2013, 23:53	#3
tareim I really should get out more....... MG ZT+ 160 v6 Join Date: Jun 2013 Location: Bridgwater Posts: 2,272 Thanks: 73 Thanked 233 Times in 210 Posts	there is no way a v8 will be worth 1k in a years time unless it was a complete wreck __________________ https://lh5.googleusercontent.com/-x...h96-no/Sig.png My Project Thread

27th November 2013, 23:57	#5
Z T Top Gets stuck in MG ZT+ SE 131 Join Date: Oct 2007 Location: Beautiful North Wales Posts: 658 Thanks: 1 Thanked 4 Times in 4 Posts	OK, that's good< but what is the right price today? __________________ [SIGPIC][/SIGPIC]

28th November 2013, 08:50	#9
Greeners Moderator MG-ZTT Join Date: Mar 2007 Location: Ware, Herts Posts: 19,798 Thanks: 161 Thanked 1,249 Times in 1,036 Posts	If you can afford to fuel it then it's always a good time. I'm on my second and I love it, it's so different from the a FWD ZT. As for price, there aren't many about, if you buy cheap you will end up spending money on it, a well maintained one is the way to go ... __________________ *David* Impecunity is the mother of ingenuity Useful how to's for common problems Car Of The Month Jan 2014 [SatNav Power Down] [Coolant Level] [SatNav Repair] [Diesel Non Starting] [Paint Codes] [Rear Light Seals] [Reversing Light Switch] [Bleeding Brakes][Sunroof Drain] [Early ZT's][Instrument Pack Diagnostics][ATC Diagnostics]

27th November 2013, 23:52	#2
A19_Graham I really should get out more....... Land Rover Freelander 2 Join Date: Jul 2009 Location: Hartlepool Posts: 2,454 Thanks: 3,124 Thanked 722 Times in 482 Posts	there's Plenty on here, who will undoubtedly give their opinions on the Value. However, it all depends on if they're selling or buying.

27th November 2013, 23:53	#4
Jakg This is my second home N/A Join Date: Feb 2010 Location: Suffolk Posts: 6,867 Thanks: 0 Thanked 397 Times in 302 Posts	Until Parkers start selling cars you have to take their values with a pinch of salt - it's a guide, but I doubt the V8 will be at £1k in the next 3-4 years.

28th November 2013, 00:20	#6
James.uk Passed Away 2002 Pale Blue. Rover 75 CDTi Connoisseur auto. 170K miles Join Date: Dec 2008 Location: Near the M67. Posts: 14,509 Thanks: 199 Thanked 585 Times in 397 Posts	If you want it, then buy it, lifes too short innit.... Monetary value only matters if you are looking to sell it for profit.. ...

28th November 2013, 06:53	#7
Les4048 This is my second home Rover 75 Tourer/ MG ZT-T 400 Join Date: May 2012 Location: Lhanbryde Posts: 3,278 Thanks: 2,627 Thanked 1,523 Times in 869 Posts	IMO there's no right price. If you see one at a price you can pay go for it. I did and paid a sum of money that some said was too much but now in my second year of ownership and never regretted it. Too many say they want one but never actually buy one

28th November 2013, 08:52	#10
MrDoodles Banned MG ZT+ V6 190 Join Date: Nov 2011 Location: Spalding Posts: 13,245 Thanks: 369 Thanked 1,196 Times in 818 Posts	Well December/January is always the best time to buy a car, because it's the time when demand is at it's lowest! However, it's finding someone willing (or desperate) enough to accept the lower price that the demand dictates! As far as V8 values are concerned, you may want to PM me, as I have my own views on there values and there are a lot of factors that affect them!