Part Ex Value :-(

Anything related to the 206CC
Darth Bourj
Posts: 254
Joined: Wed Oct 30, 2002 4:32 pm

Post by Darth Bourj »

I always considered the CC to be good at holding its value. Compare it to any other similarly priced new car. When the cc came out it was projected that it would be worth 50% after 3 years, which is still pretty good in comparison however you try and find a 3-year-old SE that’s just 8K (that is not an import or salvage). 3-year-old 206 cc's are getting PX offers for much more than that! Retaining about 66% of their new car value.

Surprisingly I have been offered less for my car at Peugeot dealerships than other non-Peugeot dealerships. This was for PX'ing against similar types and priced cars. My CC has not been a "problematic CC" and the local dealership appear to keep records of any warranty / service issues and should know this.

Had a quick look on the net and there appears to be some good deals on UK 307ccs at just over 16K for a basic model and just over 18K for the 180bhp, although they are internet companies and I remember hearing that some of them were advertising 206cc at very low prices only to find there were stealth fees involved. I purchased my cc over the net. I would recomend doing as such if you do not mind the hassle. It does take some of the pleasures out of buying a new car.

When it comes to selling always have a go at selling privately. Now is the time with the summer approaching.

Personaly Looking around and test driving other cars I am finding there just isn’t anything out there I would spend my money on. In fact take away my car give me 30K to spend and I would buy back my cc and keep the rest of the money.
Bourj wants his ORANGE back!!!

Robbie
Posts: 2827
Joined: Tue Feb 05, 2002 1:00 am

Post by Robbie »

Generally the more expensive the car the greater the residual loss (except a few supercars as Carl says).

If you can afford to buy an expensive car new then usually you have to be prepared to take the extra loss.

My father who was a motor trader with 40 years of experience got it just about right. He used to buy 3-4 year old cars cheap always privately and re-sold them for the same 12 months later. There was always a 12 month turn around to prevent loss. Mind you we felt like gypsies always moving from one car to another, great if you don't mind the inconvenience.

I've had my disappointments with all makes of car from CC's to mercedes, there's no easy way of limiting depreciation. I generally check the residual guide in "what car". I'm currently waiting on an 3.0 A4 Cab Sports Quattro, and although residuals are good I expect to take a 13K loss over 3 years.

Robbie.

carl
Posts: 706
Joined: Mon Jun 24, 2002 1:00 am
Location: East Herts

Post by carl »

Hey, Robbie, you and me both.

I've been *seriously* looking at the A4 Cab for the missus, but TBH I'm thinking of getting shot of the TVR as well. The only A4 Cab I'm really interested in to replace both is the S4, and that's well over £40k with options. The 3.0 is only about 220 bhp (the S4's about 340 IIRC), and as it weighs about 1700kg I reckon that's only around 140 bhp/tonne.

So, now I'm thinking of perhaps an M3 Conv for low £30s k and some sort of other barge to drive around in. Should be able to sell both the TVR and the CC for about £30k together if I'm lucky.
[url=http://www.peugeot206cc.co.uk/newowners?id=442]Ex owner number 442[/url]

Robbie
Posts: 2827
Joined: Tue Feb 05, 2002 1:00 am

Post by Robbie »

Carl I know your also a performance enthusiast. I was offered last week at Crawley Audi an ex demo red 04 S4 cab up for 43K, I got it down to 40K, registered March 04 with 2,500 mileage. I guess its still there.

I tried the new V6 3.2 250 bhp TT which was a real hoot, then I tried out the 3.0 A4 Cab manual version purely as an after thought. I hadn't expected it to light my fire with 220 bhp but surprisingly it put a smile on my face with its throaty exhaust, 2 extra seats and a proper boot. I thought long and hard. I liked the S4 performance, not as good as some performance cars but still a seriously good drive. Last winter my slk 32 gave me a few hairy moments in the wet, I still wasn't sure if I was ready to trade down on performance. I ended up opting to trade in the extra performance and ordered the next model down, the 3.0L sport with the new quattro 4 wheel drive to give a safer ride. I guess the 3 year warranty and personal colour/option preferences also swung it. Though like you I hadn't wanted to buy a new S4 at 44K there was only a 6.5K price difference between the demo S4 and A4 Cab so it was a real difficult decision to make. I also like the M3 performance and looked at buying the M3 convertible for a price in the low 30's but there wasn't much main dealer warranty left at that price and I know there's a major model change due next year on the 3 series (although the cab won't change for a year after that).

I noticed quite a few A4 cabs going through eBay at the moment, sadly no S4's though. The latest was a 2.4 V6 for £23,500 at:
http://cgi.ebay.co.uk/ws/eBayISAPI.dll? ... %3AIT&rd=1

carl
Posts: 706
Joined: Mon Jun 24, 2002 1:00 am
Location: East Herts

Post by carl »

I'm afraid that 40k is too rich for me, even if it is a good deal. I guess I could stretch to it, but it would mean the double glazing wouldn't get done ;)

TBH having been burnt a few times now, I'd prefer to get something where someone else has taken the initial hit on depreciation. Which is why I was thinking that a BMW M3 Conv would fit the bill, in the way that an S4 Cabrio wouldn't...

Starting to think that running one tasty car is a better idea than trying to run two. I suspect we're in a different position to you though -- we have to fit two kids in the back (10 and 12). And they're complaining about the lack of room in both the CC and the Cerb, which is why a saloon-based Cabrio seems an ideal compromise.
[url=http://www.peugeot206cc.co.uk/newowners?id=442]Ex owner number 442[/url]

Robbie
Posts: 2827
Joined: Tue Feb 05, 2002 1:00 am

Post by Robbie »

Had my fingers burnt too on residuals :( which is why this time I've decided not to buy top of the range. I like the A4 and 3 series cab because of the rear leg room on the occasions I'm carrying someone. I would have bought 2nd hand but like you said, there's not many good deals to be had out there on A4 cabs. Hope you find what your looking for.

Robbie.

carl
Posts: 706
Joined: Mon Jun 24, 2002 1:00 am
Location: East Herts

Post by carl »

Let me know when you get the 3.0 A4 Cab.

Maybe I'll give one a test drive and see how it goes.
[url=http://www.peugeot206cc.co.uk/newowners?id=442]Ex owner number 442[/url]

Robbie
Posts: 2827
Joined: Tue Feb 05, 2002 1:00 am

Post by Robbie »

Ill post a pic when it arrives in June. I'm determined to finally attend a summer meet this year, if your there you can always take it for a spin.

Robbie.

st1gzee
Posts: 26
Joined: Tue Oct 07, 2003 5:15 pm

Post by st1gzee »

noway can ya buy my pug for halfprice ,ever,id rather crush it first than loss so much dosh to a dealer,
lets face it ,you spent ya money,enjoy it summers here anyway.
:lol: right got to go roof needs taking down :lol:

carl
Posts: 706
Joined: Mon Jun 24, 2002 1:00 am
Location: East Herts

Post by carl »

A thought, Robbie. How much are you selling your AMG SLK for? Or has it gone already?
[url=http://www.peugeot206cc.co.uk/newowners?id=442]Ex owner number 442[/url]

WebCode
Posts: 202
Joined: Fri Jun 13, 2003 6:40 pm

Post by WebCode »

Or how about an AMG SL60, R129 Chassis

6litre V8, 70K miles..
New AMG engine & Gearbox fitted by Mercedes at 56K at a cost of £20K..
Silver, 1997

Offers around £30,000+

Like These
For as long as but one hundred of us remain alive, we will never on any
condition submit to the domination of the English.
It is not for glory, nor riches, nor honours that we fight, but for freedom
alone, which no good man gives up except with his life. Arbroath 1320

Robbie
Posts: 2827
Joined: Tue Feb 05, 2002 1:00 am

Post by Robbie »

A thought, Robbie. How much are you selling your AMG SLK for? Or has it gone already?
Carl, my stock 02 slk 32 amg cost was 47k new. I bought it 12 months old last May, paid 36k for it with 14K on the clock. I had trouble finding a performance buyer, sold it last November for 27.5k having covered a further 15k miles - big depreciation. I just couldn't feel safe though with 354 bhp through rear wheels with winter approaching and hadn't wanted to get hit with further depreciation with it laid up till spring. Hopefully the A4 Quattro cab will feel safer through winter with 4 wheel drive.

carl
Posts: 706
Joined: Mon Jun 24, 2002 1:00 am
Location: East Herts

Post by carl »

OK, NP.

If you haven't run a 4WD car before you'll be amazed. You can go as fast in the wet as you can in the dry (well, nearly) and standing water has no fear for you. With the Subaru, I could exit from a petrol station on a dual carriageway in a downpour with 6000 rpm and dump the clutch. :eek:

I really do think that for all-round everyday use, 4WD is king. And at least the A4 has proper 4WD, not that namby-pamby Haldex rubbish that the TT has.
[url=http://www.peugeot206cc.co.uk/newowners?id=442]Ex owner number 442[/url]

Robbie
Posts: 2827
Joined: Tue Feb 05, 2002 1:00 am

Post by Robbie »

That 4WD experience is exactly what I want and I'm looking forward to 4WD for the first time especially in the bad weather. I would have liked it on the S4 but I'm sure it will be fun on the 3.0 V6.