SneakyMcC Posted January 9, 2008 Report Share Posted January 9, 2008 The recession is starting to hit! I remember last time prior to the big crashes the nicer car came on to the market! Autotrader Link to comment Share on other sites More sharing options...
Merlot Posted January 9, 2008 Report Share Posted January 9, 2008 Only 41 miles from the City too. Link to comment Share on other sites More sharing options...
Alastair_A3 Posted January 9, 2008 Report Share Posted January 9, 2008 One of my customers has two in mint condition Link to comment Share on other sites More sharing options...
SneakyMcC Posted January 9, 2008 Author Report Share Posted January 9, 2008 [ QUOTE ] One of my customers has two in mint condition [/ QUOTE ] WOW! We tried to buy one about 5yrs back. The seller, a so called "specialist" told us it was in VGC and wanted a £1k non-refundable deposit to hold it for us for 3days till we could view it - we said we'd chance it! He agreed that we could bring another "specialist" to give the are a good check over. We arrived to find a car that had been very badly repaired after a frontender. It had also failed the MOT that we'd requested. They neglected to tell us any of this of course! Plus, they then refused to allow the specialist to look over the car! From Essex to Ilminster in an Audi A8 weren’t cheap. Plus the cost to bring the specialist not forgetting the cost of babysitters! The other thing that I remember from the last real slump, was that some very interesting number plates became available, too! Link to comment Share on other sites More sharing options...
Chrisg Posted January 9, 2008 Report Share Posted January 9, 2008 If it's a 20v I reckon it's a 1990 model !Does look nice, factory air is rare. Rather have an RS2 for that type of money - I think.....would be a tough one Link to comment Share on other sites More sharing options...
EssFour Posted January 9, 2008 Report Share Posted January 9, 2008 [ QUOTE ] The recession is starting to hit! I remember last time prior to the big crashes the nicer car came on to the market! Autotrader [/ QUOTE ] Why is a 1989 AUDI 20v QUATTRO TURBO going for just under £17K and indication that this erm recession is starting to hit? Link to comment Share on other sites More sharing options...
SneakyMcC Posted January 9, 2008 Author Report Share Posted January 9, 2008 Cause you cant find the minters for sale generally. By the time you hear about them, those in "The Know" will have already snapped'em up. The number plate thing seems to be the same thing too! Its more that fact that its for sale than the price... Link to comment Share on other sites More sharing options...
pingpongpo Posted January 9, 2008 Report Share Posted January 9, 2008 but surely if the recession is starting to hit no-one will be able to afford to buy it from them?....... Link to comment Share on other sites More sharing options...
SneakyMcC Posted January 10, 2008 Author Report Share Posted January 10, 2008 That never stopped anyone trying to liquidize their assets! If we're lucky, it becomes a buyers market Link to comment Share on other sites More sharing options...
PeterS Posted January 10, 2008 Report Share Posted January 10, 2008 Isn't it generally "liquidate your assets"; surely you're not going to put them in a blender Link to comment Share on other sites More sharing options...
Brabus Posted January 10, 2008 Report Share Posted January 10, 2008 17K for an old Audi quattro? No thanks!! Link to comment Share on other sites More sharing options...
Golfer Posted January 10, 2008 Report Share Posted January 10, 2008 [ QUOTE ] [ QUOTE ] The recession is starting to hit! I remember last time prior to the big crashes the nicer car came on to the market! Autotrader [/ QUOTE ] Why is a 1989 AUDI 20v QUATTRO TURBO going for just under £17K and indication that this erm recession is starting to hit? [/ QUOTE ] Yep my thoughts too Link to comment Share on other sites More sharing options...
steelwind101 Posted January 10, 2008 Report Share Posted January 10, 2008 [ QUOTE ] 17K for an old Audi quattro? No thanks!! [/ QUOTE ] Couldent agree more! With regard a recession, we could be looking for no or negative growth in the national economy for 3 consecutive quarters. Its just scare mongering to say that a mild down turn is the end the of world. Rest assured, you have Gordon, you love him and labour so much Brown at the helm. There is no Boom Bust! He managed to slow the economy growth that he got in 1997 enough to prolong it over all these yrs Geoff Link to comment Share on other sites More sharing options...
Mook Posted January 10, 2008 Report Share Posted January 10, 2008 I seriously considered buying a 20V Quattro last summer (although not for that much), mainly because they hold their value. I changed my mind, because it can be worth what you paid for it forever, but if you need to sell it quickly, you're fecked, even if you drop the price massively, because they're such a collectors toy. Still want one though, and would have an original Ur-Quattro over an S2 (no, Shark, don't start) Link to comment Share on other sites More sharing options...
fizzbitt Posted January 10, 2008 Report Share Posted January 10, 2008 my cousin has wrapped one around a lampost a few years back... said it was a 'rush'.. Link to comment Share on other sites More sharing options...
alera Posted January 10, 2008 Report Share Posted January 10, 2008 Things are starting the bite. The economy is in a much worse state than most people accept..... Still its not my bag. There are lots of fuel hungry prestiege executive cars going for penuts though ! Link to comment Share on other sites More sharing options...
Booster Posted January 10, 2008 Report Share Posted January 10, 2008 [ QUOTE ] Things are starting the bite. The economy is in a much worse state than most people accept..... [/ QUOTE ] Couldn't agree more. Link to comment Share on other sites More sharing options...
Simonl Posted January 10, 2008 Report Share Posted January 10, 2008 Economy needed to bite IMO. Too many people borrowing too much money. Everything has got silly and a reality check is needed. Link to comment Share on other sites More sharing options...
Cupramax Posted January 10, 2008 Report Share Posted January 10, 2008 [ QUOTE ] Things are starting the bite. The economy is in a much worse state than most people accept..... [/ QUOTE ] So bad infact that the BOE did nothing with interest rates this month... Link to comment Share on other sites More sharing options...
Dave Posted January 10, 2008 Report Share Posted January 10, 2008 Yes, but they are between a rock and a hard place... Lower the rate: inflation goes up. Increase the rate : economy slows further With fuel and food prices rising fast, I don't see what else they could do. Link to comment Share on other sites More sharing options...
steelwind101 Posted January 10, 2008 Report Share Posted January 10, 2008 We want to see a hold on credit, and decrease in the higher taxs bracket. Let some money keep flowing in the economy, put your politcal plans on hold for a while and let things keep moving. After the Sept. 11 attacks everyone thought the US economy would go in to recession, but mainly cutting taxes helped people get though and keep confidence in the market. Gosh, can you imagine a tax cut in the UK! Link to comment Share on other sites More sharing options...
Dave Posted January 10, 2008 Report Share Posted January 10, 2008 [ QUOTE ] Gosh, can you imagine a tax cut in the UK! [/ QUOTE ] Not with a labour government! i think it's in their manifesto Link to comment Share on other sites More sharing options...
mb Posted January 10, 2008 Report Share Posted January 10, 2008 [ QUOTE ] After the Sept. 11 attacks everyone thought the US economy would go in to recession, but mainly cutting taxes helped people get though and keep confidence in the market. /quote] I think they also reduced interest rates to just about 0 too - and it worked no recession til the NINJA loans fiasco Link to comment Share on other sites More sharing options...
steelwind101 Posted January 10, 2008 Report Share Posted January 10, 2008 Yeah, you cant win them all!! Many countries were caught in this credit issue etc. Still, a tax cut would be a nice and calm way to stop a major drop in growth along with other measures like not letting people have more credit, but with the tax cut allow them to pay off loans while maintaing a decent spend etc. Dreams dreams! Link to comment Share on other sites More sharing options...
Chrisg Posted January 11, 2008 Report Share Posted January 11, 2008 so would putting up the tax threshold work, allows all a little more and those at the lower end a proportionally larger increase ... but would any cut 'encourage' people to pay off more of their debts. I reckon they would all rush out to get more credit.Need to slow up private credit but not for businesses? Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now