Residuals ?

Derek · Post by **Derek** » Fri Jun 20, 2003 7:46 pm

someone said the CC residual value is falling quickly - where ?

one in the paper today at an edinburgh dealer............

Y reg CC SE, Silver, Leather - Â£13,995

MattB · Post by **MattB** » Sat Jun 21, 2003 12:01 am

But what will it actually sell for?

Erm · Post by **Erm** » Sat Jun 21, 2003 12:11 am

ummmmm in london you can pick up a Y reg SE with leather for under 10k

Derek · Post by **Derek** » Sat Jun 21, 2003 12:40 am

But what will it actually sell for?

probably quite high. my reject CC was 4 months old with 2500 miles and went up for Â£16,488 and sold.

Derek · Post by **Derek** » Sat Jun 21, 2003 1:41 pm

i once did a quote on jamjar when i was thinking of importing. my 1.4LX was worth something like Â£5k - less than half of what i paid for it and was 10 months old - i just dont think they want trade-ins

stephen T · Post by **stephen T** » Sat Jun 21, 2003 1:43 pm

private is the only way to sell.

Dave Morton · Post by **Dave Morton** » Sat Jun 21, 2003 9:26 pm

Unless real starship mileage, HPI registered or in really bad nick then even the oldest CC should still bring at least Â£10-Â£11k private this time of year.

Bear in mind too that as long as you got a good deal in the first place then you'll be less effected by residuals.

Dave

Mr_AWOL · Post by **Mr_AWOL** » Sat Jun 21, 2003 9:53 pm

Last sunday's paper had quentin wilson saying that prices were beginning to drop, butr bear in mind that last year I saw second hand cc's on forecourts at more than the list price, so a small drop shouldnt be too hard to take.

Derek · Post by **Derek** » Sun Jun 22, 2003 1:30 am

i remember when i was ordering mines in july 01 the demonstrators were going for Â£2k over list price - that's the people who are really losing out if they paid that and a few did.