Thread: P38 sold for under 10 grand

Originally Posted by Disco_owner

Alright then ,how Much ?

I'd say double the figure, plus servicing costs.

Originally Posted by dobbo

I like the P38A, I still wouldn't buy one.

I always said that, then I went & bought one .

Am I mad?
No answer required to that question thanks .

Originally Posted by 4X4V8

A P38A isn't worth much, but either is Australia's top-selling car.

I've sold a VY Exec wagon today, 2003, 124,000km, for $11,500, and it's the only firm offer I've had oveer a month on the market for $12,900 ono. It's a neat, tidy car and cheap to run and reliable (why was I selling it again? Oh yes, to grow poor owning a Land Rover )

Well, the P38A's are selling wholesale for about 6% of their new price. Tidy 8-9 year old Commodores and Falcons go through auctions for $4000-$5000, Falcons usually less than similar Commodores. Expressed as a percentage of new price the family sedans are doing a lot better. For savage depreciation, Magnas hold the current title. Tidy 8-9 year old Magnas and derivatives fetch usually in the vicinity of $1000-$1500. Hyundai, Kia, Daewoo over 6-7 years old are virtually worthless, fetching scrap or wrecking prices as one would expect for cars selling new for $15000. Odd bods like Renault, Fiat, Citroen are usually purchased by fanatics, or specialist dealers/wreckers.

Originally Posted by dobbo

I'd say double the figure, plus servicing costs.

Fortunately not even equal to the purchase price - including fuel, servicing, accessories (bullbar, rear bar, UHF CB, etc), and repairs over the past 6 years/115,000km. Adding rego and insurance would push it over.

Originally Posted by Scouse

It won't be long before the LM Range Rovers are near that price.
Hmm, might have to keep my eyes on a few Td6's that come through.

I think your going to be right about that soon too. However as drivesafe said this week at $32K for a new trannie and hard to get them rcond this makes me think that they will be shunned even more than what P38's are, when they get on in age. Not that P38's are that unsaleable, but I reckon these newer rangies will be.

Now I know I am going to get flamed for this for sure...

Originally Posted by Brian Hjelm

Hyundai, Kia, Daewoo over 6-7 years old are virtually worthless, fetching scrap or wrecking prices as one would expect for cars selling new for $15000. .

where are you ? i wish that was the case in adelaide, it seems small cars here cost more than that, second question how do i get these cheep cars LOL

Originally Posted by Brian Hjelm

Well, the P38A's are selling wholesale for about 6% of their new price. Tidy 8-9 year old Commodores and Falcons go through auctions for $4000-$5000, Falcons usually less than similar Commodores. Expressed as a percentage of new price the family sedans are doing a lot better. For savage depreciation, Magnas hold the current title. Tidy 8-9 year old Magnas and derivatives fetch usually in the vicinity of $1000-$1500. Hyundai, Kia, Daewoo over 6-7 years old are virtually worthless, fetching scrap or wrecking prices as one would expect for cars selling new for $15000. Odd bods like Renault, Fiat, Citroen are usually purchased by fanatics, or specialist dealers/wreckers.

I was talking about my observations of prices paid at no reserve dealer only auctions. I regularly attend with a wrecker mate who has a dealer licence.

Originally Posted by ak

I think your going to be right about that soon too. However as drivesafe said this week at $32K for a new trannie and hard to get them rcond this makes me think that they will be shunned even more than what P38's are, when they get on in age.

The trransmissions are now being rebuilt locally (A&. It took a while for Land Rover to get up a supply of transmissions to rebuild for an exchange scheme which is why the only option, until recently, was a new transmission.