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Discussion Starter · #1 ·
Trade-in values appear to be on the up. My 2010 model has gained almost £4k in the last 6 months on average. It's now almost back to what it was when I bought it Nov 2018. Anyone else noticed similar?

Haven't had a single offer, yes including webuyanycar (as inspected, not just online) that is less than what it was late last year....I think prices have hardened despite COVID.
 

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Discussion Starter · #2 ·
In case anyone was wondering here's what the numbers look like:

Average offer value
Nov '20 £28,840
Dec '20 £29,390
Jan '21 £29,495
Feb '21 £31,855
Mar '21 £32,160
Apr '21 £33,675

I thought the prices for the early cars would level off in 3-5 years. But is it starting to happen already?
 

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I think all second hand cars have gone up, but yeah I noticed as I sold my 2015 last year for less than they are now going for!
 

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Prices do seem to be strengthening. Out of interest I go on WBAC to see how their offers move over the year. My TE seems to be holding its value and a dealer mentioned that demand is strong atm.
 

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The early cars were too cheap when they dropped sub 30k, they break for parts for more than 30k.

Ive always told customers with early cars to leave them std as that’s where the premium prices will be sought.

certain early parts don’t really have much value right now but I’ll be the first on record to say that undamaged and nice condition early bits will be the ones to fetch daft prices.
 

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yep - I think my MY2015 with just a mere 13.5k on the clock and completely standards except for a milltek Y pipe has increased in value by about £3k since I bought it just over a year ago.
I also watch the Focus RS MK2 market (had one before the GTR), they are now fetching stupid money for low miles standard cars.
 

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Discussion Starter · #7 ·
In case anyone was wondering here's what the numbers look like:

Average offer value
Nov '20 £28,840
Dec '20 £29,390
Jan '21 £29,495
Feb '21 £31,855
Mar '21 £32,160
Apr '21 £33,675

I thought the prices for the early cars would level off in 3-5 years. But is it starting to happen already?
UPDATE - following the recent talk about we buy any car offering online valuations close to what they seem to end up paying, took my car to them today and they offered £37,860......
 

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Discussion Starter · #9 ·
I'm not looking to sell at the moment whilst the prices are on the up. Would rather keep hold and see what happens. Was tempted late last year to get a new GT-R but holding out to see what Nissan come up with next.
 

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UPDATE - following the recent talk about we buy any car offering online valuations close to what they seem to end up paying, took my car to them today and they offered £37,860......
That's not far off what my first 09 GTR made in 2012 when I sold it. Demand must be really strong.
 

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Discussion Starter · #11 ·
Yep, it's almost what I paid for it back in Nov 2018. In fact as a trade in value etc it's worth more now than it was then.
 

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I just popped my details into their website; 2011 - 38k miles, 1 previous owner, FSH. £39.5k it said.
 

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Are you thinking of selling Snuffy? I know someone who might be interested in an MY11..
 

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Are you thinking of selling Snuffy? I know someone who might be interested in an MY11..
No, I just wanted to see what it came up with out of interest.

But for completeness, it's a 2011 plate but a MY10. I paid £47k from a Nissan HPC, 7 years ago now, so if someone offered me £40k for it, that's bloody good going - not that I want to sell it however !
 

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I just popped my details into their website; 2011 - 38k miles, 1 previous owner, FSH. £39.5k it said.
I've been counting the number of emails WBAC have seen my since I put mine in; 6 after the initial one.

Today they emailed and said it's now worth £40k.

Are second hand values really on the up ? There was an article in a newspaper I read last week that said they were, due to people not wanting to use public transport and also wanting to buy before the ban on ICE cars.
 

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Prices are very strong at the moment for anything decent. Supply is weak and demand is very strong. My 67 Track Edition was getting WBAC offers around £58k and then it jumped to £68k between April and mid May. I took it to be assessed and they gave it a thorough inspection over 30 minutes. Bit of haggling and they agreed £66,800 which I happily accepted. The car needed new front Alcon's and the Cup 2's are quite worn. :)
 

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Discussion Starter · #17 ·
Good to know prices are apparently looking firm on these now. Even though they knocked about £600 off mine for a couple of stone chips, windscreen chip repair and 2 wheels with very slight scuffs (really minor, more of a 6mm scratch on both edges and I thought they were being unreasonably picky for a 2010 reg) they still offered 37,860 a couple of weeks back.
 

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Discussion Starter · #18 ·
Just had an email offering more again, this time £38,570. That's after it has been seen in person (as above). So the advice seems to be to not accept the first offer.
 

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I’ve been saying for a long time that the cars were undervalued, the rough cars tend to drag at the heals of decent examples.

Anyway that’s good for all us owners and our investments are gradually paying us back for the work we put in to buy them.

Happy Motoring😊
 
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