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  1. #1
    #829 called 'Olive' David's Avatar
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    Default Whopping reduction in Germany

    Whopping reduction in Germany (again).

    It has happened again today. Another Rover 75 V8 in Germany has been halved in price. Also Black coincidentally, and also previously advertised at a tad under 20,000 Euro. Now for 9,990. The previous car a month ago was a RHD, so maybe more understandable. This is not, and therefore one of only 36 LHD R75V8 saloons made and very rare and normally "desirable". https://www.two-sixties.co.uk/mgoc26...678#post200678

    It looks like or cars are be "downgraded" in the modern-classic market-place from the heady heights of prices being asked in the last yar or so in Germany. The fact that no cars appear to be moving at all abroad is however perhaps a sign of the times generally and an equally likely reason. The ZT260, is not (yet) 'discounted' in Germany, but the German 260 market, is also totally dead as it is here in Holland, and perhaps even in France? I fear that the UK may not be far behind, and a price slump cannot be ruled out. The current UK market is certainly very 'slack'.

    David
    Last edited by David; 23-11-2023 at 04:52 PM.

  2. #2
    Registered User jeff turbo's Avatar
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    Nov 2015
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    Quote Originally Posted by David View Post
    Whopping reduction in Germany (again).

    It has happened again today. Another Rover 75 V8 in Germany has been halved in price. Also Black coincidentally, and also previously advertised at a tad under 20,000 Euro. Now for 9,990. The previous car a month ago was RHD, so maybe more understandable. This is not, and therefore one of only 36 LHD R75V8 saloons made and very rare and normally "desirable". https://www.two-sixties.co.uk/mgoc26...678#post200678

    It looks like or cars are be "downgraded" in the modern-classic market-place from the heady heights of prices being asked in the last yar or so in Germany. The fact that no cars appear to be moving at all abroad is however perhaps a sign of the times generally and an equally likely reason. The ZT260, is not (yet) 'discounted' in Germany, but the German 260 market, is also totally dead as it is here in Holland, and perhaps even in France? I fear that the UK may not be far behind, and a price slump cannot be ruled out. The current UK market is certainly very 'slack'.

    David
    Seems to be the way ATM but may also be the time of year?
    1958 Ford Consul Convertible
    1965 Ford Zodiac Executive, being restored
    1997 Jaguar XK8 Convertible
    2003 Number 182 MGZT V8
    2004 MGZT cdti Poseidon
    2004 Number 76 MGZT V8

  3. #3
    Registered User SCP440's Avatar
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    Jan 2016
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    Witney Oxfordshire
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    A good friend who deals in classic is finding at the moment a lot of stuff that traditionally would have flown out of the showroom is not moving unless it has a Ford badge on it and is sporty. Even E types are struggling to fetch 80% of what they were 12 months ago even if perfect. Anything tatty is not even getting a look at. He has even been offered cars from other dealers at well below trade prices.
    Steve

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