No wonder prices are low when people on here keep going on about how cheap our cars are?!!
Prosective customers look on here for guidance before buying & a lot of you are helping keep prices low, even driving them lower, with these sort of statements.
I've not read through the whole topic, but thought I'd reply as Clive's opening statement has struck a chord with me.
The reason it struck a chord is because we had a huge debate about this same subject over on the 205gtidrivers forum a few months ago. Reason being that prices of good, original spec GTIs have finally started to rise sharply in the last year or so. Obviously a few dealers have tried to exploit the market for older buyers who have wads of cash and want to relive their youth, but with the more modern dealership feel to the experience. As a result, one fairly mint and low mileage 1.9 GTI was up for sale for £13k a while back (it was on the market for a long time though, and I don't know if did sell, or for that price).
The £13k GTI caused a massive furore
"You'd have to be mad to pay that" my fellow enthusiasts cried. Well, that's maybe so. And I do agree that it's crazy money, but then I'm not the kind of customer who such a deal is marketed at. Such a dealer (the type who specialises in classic cars etc) will know their market, and will price accordingly, and they may have to wait longer to seal the deal, but I have no doubt that there are buyers out there. If you don't like the idea of a £13k GTI, you simply don't buy it. End of.
However, my point is that in the case of the 205 GTI we have a car which has been bordering on classic status for quite some time now, is often heralded as one of the greatest (if not THE greatest) hot hatch of all time, but the prices have never reflected that status. For years you could grab yourself a roadworthy GTI for under a grand without huge difficulty (my 2nd to last was a 1990 Red 1.6, with tax and test, for £400, and was in 85% original condition). Over on our forum, it's a running joke that most members are tight as a nat's ********. So it's no surprise that people are whinging now that prices are on the rise. Partly because a lot of them are habitual buyers and always want bargains.
As an enthusiast of any cult car/marque, surely we should be valuing our vehicles with high regard, not undermining their brilliance by trying to keep prices down? Personally I'm chuffed to bits that 205s are rising in value because it seems like they are finally getting the recognition they deserve after all these years (bare in mind that the Mk2 Golf GTI has been a consistently much higher valued car for years).
I'll leave you with this thought. Think about the future. When the price of running cars is low, often becomes more economically viable to break them for parts when they need to go. And that's good to, as the parts can help others to live on. But when too many get broken, the numbers dwindle, and then you'll be moaning even more because it'll start to become even more difficult to find one when you're in the market to buy.
EDIT: and I realise that values are falling because of fuel prices, and there's nothing that anyone can do about that. I'm just saying that as a community, don't contribute to the situation by talking prices down.