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Will the SUV values nosedive

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  • 21-06-2008 7:47pm
    #1
    Registered Users Posts: 5,863 ✭✭✭


    Does anyone think the Cayenne, Rangie's etc's value will take a big hit over the next while with fuel prices as they are ?


Comments

  • Registered Users Posts: 73,456 ✭✭✭✭colm_mcm


    as long as people want them, they'll be expensive, the fact that generally speaking, VRT increases on post July large SUV's means that new ones become more expensive, protecting the values of used ones to some extent. Most people driving Cayennes could afford petrol if it was €5 a litre, and enjoy paying over the odds for stuff anyway.


  • Registered Users Posts: 22,815 ✭✭✭✭Anan1


    As colm said, I reckon. What will really kill SUV values is when people stop seeing them as being 'cool'.


  • Closed Accounts Posts: 4,147 ✭✭✭E92


    Hopefully they will.

    Why people pay more for things that are no more spacious than an estate car, but are slower, noisier, heavier, less comfortable, less economical, not as good looking, less environmentally friendly is beyond me. I wouldn't mind but we all know these things can't go off road too.

    In reality they won't, unfortunately.


  • Registered Users Posts: 73,456 ✭✭✭✭colm_mcm


    why are you hopeful that they will? won't this push the price of exec saloons up, as these people have to buy something! unless you want an SUV you should be happy enough that they're expensive!


  • Registered Users Posts: 38,247 ✭✭✭✭Guy:Incognito


    E92 wrote: »

    Why people pay more for things that are no more spacious than an estate car, but are slower, noisier, heavier, less comfortable, less economical, not as good looking, less environmentally friendly is beyond me..

    Yet theres no problem paying more for something because it's made by say , BMW?

    Peoples choices are just that and if people want to buy an Suv then they are entitled to. It bugs the **** out of me the way people go on about SUV drivers here like they all have some kind of airborn form of aids.


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  • Registered Users Posts: 2,117 ✭✭✭Tails142


    colm_mcm wrote: »
    why are you hopeful that they will? won't this push the price of exec saloons up, as these people have to buy something! unless you want an SUV you should be happy enough that they're expensive!

    Good point, keep the idiots in their SUV's and me in my cheap big engined exec car!!


  • Closed Accounts Posts: 4,147 ✭✭✭E92


    I have no problem with people who buy SUVs because they actually need them. That is people who are into sailing or caravanning because you need them to tow things, and because most 4X4s are very heavy they are better at this than a car.

    And in one sense I feel that politicians' efforts to get rid of SUVs are more to do lazy left wing socialists envy at those who are prepared to do a bit of work and want SUV drivers brought down to their level.

    But you and I know that 99% of SUV buyers buy them because they are "cool" and to be keeping up with the Joneses, in the same way legions of buyers plump for the 316i/1.6 A4 etc instead of spending a few grand more and getting a proper one with a bigger engine and more toys. I know, why don't we allow smokers to smoke where ever they want again? Because sure if you're going to help yourself have a less pleasant and more expensive life sure you might as well make the rest of us suffer and breathe in your pollution too?

    At the end of the day, who do you see driving 4X4s? Farmers, builders, other people who need something that can go off road?

    Nope. You see yummy mummys driving around tanks in the urban jungle.

    If they needed space, as they may claim for justification of their completely unnecessary purchase an MPV would have done the job for a much lower price. MPVs are the mumsiest car around, so they'd feel perfectly at home.

    Of course these people are stupid btw, before someone says "oh well I suppose you think they're stupid too". Didn't 40,000 fools buy an X6, making it completely sold out for a whole year?


  • Registered Users Posts: 38,247 ✭✭✭✭Guy:Incognito


    E92 wrote: »
    I have no problem with people who buy SUVs because they actually need them.


    Do you actually "need" the car you have or could you make do with a smller/cheaper car?

    Whats the difference?


  • Closed Accounts Posts: 7,686 ✭✭✭JHMEG


    E92 wrote: »
    I know, why do we allow smokers to smoke where ever they want again?
    We don't really, but the reason why tobacco products are everywhere, in prominent locations, is because smokers contribute the same about to the economy that VRT does every year: around €1.5 billion.

    Back to the OP's question. The ones mentioned will probably go up in value. As Colm said money is generally no object to the people that own them.


  • Closed Accounts Posts: 7,686 ✭✭✭JHMEG


    Stekelly wrote: »
    Do you actually "need" the car you have or could you make do with a smller/cheaper car?

    Whats the difference?
    Good point. A 1.8 litre Volvo when a 1.0 litre Micra would do the same job. Unless you're taxi-ing, E92, but I think you might be a student.


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  • Registered Users Posts: 3,193 ✭✭✭Andrewf20


    Not sure about here, but I read in the USA today newspaper that values of SUV's state side of taken a 17% hit since the start of the year.


  • Closed Accounts Posts: 1,464 ✭✭✭furtzy


    Was talking to a friend in the trade recently and he said the demand for SUV's has plummeted. Everything from X5's to the small diesels like the Sportage etc. He has loads in stock and nobody is buying. He said the first thing people ask now is what mileage does it do. I was very surprised that even the smaller diesels were that badly affected. So if this is anything to go by then i think values will indeed drop. He said that they have suddenly become very uncool indeed


  • Closed Accounts Posts: 4,147 ✭✭✭E92


    Well of course I don't "need" my E34. A 1.0 Micra would get me wherever I want to just as quickly most of the time.

    However my E34 is considerably faster, a lot safer, a lot comfier, has more gadgets than a Micra, it also has a delightful sounding straight 6 that's as smooth as silk and makes a great noise when you put your foot down. I'm sure it is considerably better to drive than a Micra, not just in terms of refinement and performance but handling. As I drive on a lot of back roads I need something that stays on the road and lets me know what the wheels are up to. Now I know that the Micra is an easy car to drive but somehow I don't think Micras were ever noted for driving pleasure.The E34 is a big old yoke but it drives well enough for me, though I know that there are much better handling cars out there than it obviously.

    Yes it costs a whole lot more to run than a Micra but I am getting something in return, unlike an SUV owner who is paying more into a bottomless pit. That is the difference. Bigger/more powerful cars give you something in return be it comfort or performance or more space or whatever; SUVs give you "coolness" and nothing else. You lose in every other department. Why does every time I criticise anything turn into a why does E92 like BMW type of affair? In case you have forgotten BMW makes those dreaded 4X4s too.

    I have an E34, not because of the badge on the bonnet, not because it's RWD, certainly not because I needed one, but because I value something that can move, offers decent driving pleasure and at the same time is practical enough, safe enough and comfy enough too. The E34 isn't safe by modern standards but I'd still rather be in a big heavy car than a small light one, even a 5 star NCAP one. It has more than enough space for my needs and it does long journeys with ease, though my now ex Volvo was better for that kind of thing:o.


  • Registered Users Posts: 5,863 ✭✭✭RobAMerc


    personally I would think they will take a bit of a hit, but I would actually pay more for one now.

    I would love the routenist pollutinist 4.5 V8 turbo or something like it and sit outside the green party headquarters just buring petrol in it.

    I am totally sick of having this green crap rammed down my throat, and I have to admit - despite what everyone else thinks I really like the Cayenne.


  • Registered Users Posts: 73,456 ✭✭✭✭colm_mcm


    So people see things in SUV's that you don't, the same way as some people don't know why you drive an E34. what are the emissions on that like?


  • Registered Users Posts: 38,247 ✭✭✭✭Guy:Incognito


    E92 wrote: »
    Well of course I don't "need" my E34. A 1.0 Micra would get me wherever I want to just as quickly most of the time..

    So you drive a car you dont need yet slate other people who do the same? :confused:


  • Subscribers Posts: 16,587 ✭✭✭✭copacetic


    furtzy wrote: »
    Was talking to a friend in the trade recently and he said the demand for SUV's has plummeted. Everything from X5's to the small diesels like the Sportage etc. He has loads in stock and nobody is buying. He said the first thing people ask now is what mileage does it do. I was very surprised that even the smaller diesels were that badly affected. So if this is anything to go by then i think values will indeed drop. He said that they have suddenly become very uncool indeed

    +1 on this, especially petrol ones. Evidence the deal Anan got on his forrester and the amount of muranos etc clogging up carzone.


  • Registered Users Posts: 8,718 ✭✭✭Matt Simis


    E92 wrote: »
    At the end of the day, who do you see driving 4X4s? Farmers, builders, other people who need something that can go off road?

    Nope. You see yummy mummys driving around tanks in the urban jungle.


    That just reflects where you live!

    I see lots of farmers and builders "down here". Im sure their wives drive them too, but since they are also farmers, I dont think they can be branded "yummy mummys".


    To the OP, Ive been looking at Touareg prices in the UK and they have dropped sharply recently.


  • Closed Accounts Posts: 4,147 ✭✭✭E92


    I'm after telling you why an E34 is better than a Micra(IMO), and why it justifies being in existence.

    All I've heard from you is that people should be allowed do what they want as justification for having a 4X4. There are organisations in the US that want the gun laws to be less strict because somebody could have shot the guy who killed loads of people in Virginia Tech. Do you support that too on the grounds that people should be allowed to do whatever the hell they want?

    @colm_mcm, it does 30 mpg on a good day, but by having an antique in these reg plate snobbery times I'm doing my bit for the planet. Driving old cars and keeping them away from the scrapyard is the greenest thing you can do;)! I'm still not ramming NOx and PM down peoples' throats like diesel fanbois are either, so I've satisfied that one too.

    CO2 is the greatest load of horse manure ever too.

    The only reason it's important is because we can save money by buying something with a lower CO2 rating and because lower CO2 cars will be cheaper not to mention far more desirable shortly, not because it actually means anything and because I believe in the Global warming crap.

    One of the unusual things recently is how big engined performance cars like the S8, M5 etc have been dropping in price faster than Micheal O'Leary thinks of ways to cut costs, even though from July these cars will be increasing in price by a huge amount and will have higher road tax as well.

    Anything that gets into band G will be well and truly sale proof anyway, no matter what badge is no the bonnet.


  • Registered Users Posts: 38,247 ✭✭✭✭Guy:Incognito


    E92 wrote: »
    I'm after telling you why an E34 is better than a Micra(IMO), and why it justifies being in existence.
    .

    Your reasons dont justify it anymore than anyone choosing an SUV over a micra. You just think your reasons are more important than theirs.
    Most are little more than a higher car so really ,wtf is the problem?


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  • Registered Users Posts: 17,819 ✭✭✭✭peasant


    'tis simple really ...

    A SUV, by sheer appearance makes its out-of-placeness and over-the topness (ahh ..lovely new words :D) blatantly obvious.

    So obvious, that it provides a handy target for everybody else who drives a car beyond their own needs to point at and deflect blame off themselves.

    "Ahhh ..but look at bad, bad SUV ...me I only drive a ickle family saloon"


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