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Second Hand Car Values

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barry1010 | 07:43 Thu 04th May 2023 | Motoring
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What's going on? Why is my 13 year old diesel banger worth more than twice as much as it was three years ago? Still not worth a fortune but it is puzzling. Tis nowt special - a Hyundai i30 automatic.
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Thanks for clarifying, retro
Dave, I love my electric car. It's far better to drive than any internal combustion engine car, and I won't be switching back. Try one.
No Hobkirk, they are far too expensive for me and most other people and I wouldn't trust a second hand one. Petrol and diesel are still the way to go.
There has to be a gap in the market for smaller dealerships buying up spares etc to keep older fossil fuel cars going and extending their useful life. After all it is much cheaper to keep your old banger on the road than it is to fork out for new modern electric jobs that devalue , going down faster than an Olympic diver. My 1989 vw t3 has been kept going at some cost , E.g. new engine upgraded brakes etc. the old engine did 200k miles plus without any real issues. The cost are not minor but still less than buying the latest zoom boing electric vw that will only do 200 miles before recharge
I love my electric car too, Hopkirk, wouldn’t swap it for any other. One of our best buys, ever.
And anyway, the old vw is now a “classic” , another way of saying “a money pit” I won’t part with it , unless I get arrested for driving a planet destroying vehicle, which could be a thing sooner than you think. Life in the 21st century!! What’s not to like??
Hopkirk
How far can you drive before needing to find a charging point? If you can that is, and if it’s working?
I don't deny there are big problems coming with an inadequate charging network. However I am in the lucky position that I do almost all my charging at home.
I still drive petrol cars as well (and diesel lorries), and believe me the electric car driving experience is far superior.
Re: OP -
Market forces. Manufacturers couldn't produce new cars because of lack of new 'chips' so buyers turned to the 2nd-hand cars - which drove up the prices.

So, at least says Mr.J2 who is an oracle on all things car related!
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Thanks for your replies, all.

I'm not tempted to buy an electric car, I have a feeling an alternative is on the horizon, not yet thought of.
//All caused because of Brexit making it difficult to get spares , parts and new cars into the UK, bet your glad you voted out.//

That's one of your worst attempts Gulliver.

Brilliant 1ozzy
I'm as dumb as dog poop Hoppy, not as brilliant as some on here;-/
-- answer removed --
Good luck with webuy anycar.com barry. I checked with them a fortnight ago and they won't leave me alone. New offer on the car twice a day. Managed to stop it now but IF I sell it, it sure as hell won't be to them.
//and believe me the electric car driving experience is far superior.//

No, that is subjective and dependant on what cars you are comparing.

For instance (extreme example) driving a leaf is not superior to driving a Lamborghini.
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ladybirder, I used a disposable email address and false details, they won't be bothering me
Clever you barry. Never thought of that but then again I never dreamt they would be such a nuisance. Perhaps you may have had previous experience with them?
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Indeed I have, ladybirder
Well thank you very much for your invaluable information barry. They won't do it to me again and I shall use your method when making any future enquiries. Have a drink on me;-)

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