Are prices due to crash?

[Mansfieldman750]

It is highly illogical. It would be better to take the cash and put it into my 4% Lloyds account - even if I have to pay tax on any additional interest. But best sense would to reinvest and sell if I want some cash. But somehow that wouldn’t feel so guilt free.

Why not just let the dividends ride and anytime there seems to be a bit of pessimism about or if there has been a significant fall in markets stick them in one of the trackers of your choice. Gives you something to do.

 

[This_one_goes_to_eleven]

Oh yes, they deserve to be more highly rated than the boring old FTSE companies but I just have a feeling the Magnificent Seven ( Amazon, Alphabet, Nvidia, Tesla, Microsoft, Apple, Meta ) have just gotten ahead of themselves. Tesla especially I wouldn’t want to own.

I work in Data Centres. All those shove in that space are still spending on expansion like tomorrow will never come. As long as we all keep downloading videos of cats I think they will be grand medium term

 

[Mansfieldman750]

If its still true that a large portion of their profits is from selling carbon credits I would be worried too.

I read today BYD has overtaken them as the biggest EV manufacturer. I think Tesla is a bit of a sitting duck for the Chinese.

 

[Amarillo]

Starmer’s bunch of morons will soon have every square mile of green space built on.

Scaremonger.

But it is very likely that the green belt won’t be as sacred as it once was. But much of the green belt (around London anyway) is unprofitable field and pasture, closed to the public. That or golf corses.

Below is a link to a green belt area just outside Orpington, within the M25. A bus would take just 10m to the station with regular (10m interval) services to either Charing Cross or Victoria Station.

Google Maps

Find local businesses, view maps and get driving directions in Google Maps.

maps.app.goo.gl

If we want to solve the housing shortage, houses are going to have to be built somewhere where people will want to live. It is no good just saying, “we need more houses”. Practical solutions are needed for where to build them. Brownfield sites can meet some of that demand, but if we are to be serious, green belt land will have to be used.

 

[Amarillo]

Yeah, there was that bloke your father knew who accidentally made his fortune insuring boats plying the Mekong during the Vietnam war.

Dad was on his corrupt #1 syndicate for a couple of years.

 

[JuanVecino2023]

I read today BYD has overtaken them as the biggest EV manufacturer. I think Tesla is a bit of a sitting duck for the Chinese.

Tesla is toast. The major manufacturers have enough R&D budget to keep step.

Plus, incredibly hard for Tesla to pivot & rebrand, should EV be Betamax.

It’s a marketing play and Musk has played that hand to the hilt. He’s all in.

If I had the stones, I would be short Tesla all day long and a month of Sundays.

 

[soulstyledevon]

Had both in my youth, each had it's own merits.

Always hankered for a 205 1.9Gti. Was never meant to be. Instead a Gun mental grey 309 Gti.
Great car, except the time the clutch went in Pembrokeshire. 3 different AA trucks back home.

 

[Californication69]

I had a 1.6 GTI with smaller pepper pot wheels, the liners failed , so had a couple of guys from the Pug garage do a foreigner in my house garage and took various bits out to get lightened and balanced.
Conrods, crank and flywheel.
Then new liners and piston rings, head skimmed and a 1.9 cam installed which had the high lift.
They turned the engine over first (with a big spanner on the flywheel bolt) in the garage and one had his ear on the side to listen if the valves hit the top of the pistons.
I asked what happens if they do.
They said to put a 1.6 camshaft back in.
The valves didn’t hit, so they put the engine back in.
Lined up with twin webers.
I could keep up with a sierra Cosworth to 100mph in third gear.
The thing span its wheels in 4th gear there was so much power.
Beat pretty much any car on straights
And corners. It was the best red 1.6 in the Midlands. Loved it.
I’ll never forget the sound of the stainless steel exhaust. Magical.
I need another to relive those sounds.
But £15k for a decent one now is !

 

[soulstyledevon]

I had a 1.6 GTI with smaller pepper pot wheels, the liners failed , so had a couple of guys from the Pug garage do a foreigner in my house garage and took various bits out to get lightened and balanced.
Conrods, crank and flywheel.
Then new liners and piston rings, head skimmed and a 1.9 cam installed which had the high lift.
They turned the engine over first (with a big spanner on the flywheel bolt) in the garage and one had his ear on the side to listen if the valves hit the top of the pistons.
I asked what happens if they do.
They said to put a 1.6 camshaft back in.
The valves didn’t hit, so they put the engine back in.
Lined up with twin webers.
I could keep up with a sierra Cosworth to 100mph in third gear.
The thing span its wheels in 4th gear there was so much power.
Beat pretty much any car on straights
And corners. It was the best red 1.6 in the Midlands. Loved it.
I’ll never forget the sound of the stainless steel exhaust. Magical.
I need another to relive those sounds.
But £15k for a decent one now is !

I grew up with a lad who built a type B Rally replica, without the fancy paint job and stickers. It looked a mess from the outside and inside, but mechanically it was an utter monster. Scariest car I’ve ever sat in.
You could hear it coming from a considerable distance…

 

[sidepod]

I had a 1.6 GTI with smaller pepper pot wheels, the liners failed , so had a couple of guys from the Pug garage do a foreigner in my house garage and took various bits out to get lightened and balanced.
Conrods, crank and flywheel.
Then new liners and piston rings, head skimmed and a 1.9 cam installed which had the high lift.
They turned the engine over first (with a big spanner on the flywheel bolt) in the garage and one had his ear on the side to listen if the valves hit the top of the pistons.
I asked what happens if they do.
They said to put a 1.6 camshaft back in.
The valves didn’t hit, so they put the engine back in.
Lined up with twin webers.
I could keep up with a sierra Cosworth to 100mph in third gear.
The thing span its wheels in 4th gear there was so much power.
Beat pretty much any car on straights
And corners. It was the best red 1.6 in the Midlands. Loved it.
I’ll never forget the sound of the stainless steel exhaust. Magical.
I need another to relive those sounds.
But £15k for a decent one now is !

Great motors…….apart from the lift-off oversteer!!
Reversed into the scenery somewhere in Scotland one early morning!! Good times.

 

[Corradobrit]

I grew up with a lad who built a type B Rally replica, without the fancy paint job and stickers. It looked a mess from the outside and inside, but mechanically it was an utter monster. Scariest car I’ve ever sat in.
You could hear it coming from a considerable distance…

The ultimate bonkers car. VW Golf with a W12 engine in the back. On display at the Autostadt in Wolfsburg.

 

[soulstyledevon]

The ultimate bonkers car. VW Golf with a W12 engine in the back. On display at the Autostadt in Wolfsburg.

View attachment 117818

My eyes see straight past it to the MK 1…

 

[sidepod]

Scaremonger.

But it is very likely that the green belt won’t be as sacred as it once was. But much of the green belt (around London anyway) is unprofitable field and pasture, closed to the public. That or golf corses.

Below is a link to a green belt area just outside Orpington, within the M25. A bus would take just 10m to the station with regular (10m interval) services to either Charing Cross or Victoria Station.

Google Maps

Find local businesses, view maps and get driving directions in Google Maps.

maps.app.goo.gl

If we want to solve the housing shortage, houses are going to have to be built somewhere where people will want to live. It is no good just saying, “we need more houses”. Practical solutions are needed for where to build them. Brownfield sites can meet some of that demand, but if we are to be serious, green belt land will have to be used.

Not sure about that? There are some developments near me in some truly horrendous locations but the fat tracksuits still buy them!

 

[This_one_goes_to_eleven]

The ultimate bonkers car. VW Golf with a W12 engine in the back. On display at the Autostadt in Wolfsburg.

View attachment 117818

A lad I worked with in the early 90s put a Rover 3.5L into a light blue Robin Reliant. Front seat removed to make way, steering wheel about 4ft long and sat in back seats. Scariest car I’ve ever been driven in

 

[reserves]

The used car market has clearly fallen, EVs have fallen sharply.

Anyone notice any shift in used California prices?

Personally haven’t noticed anything

 

[larrylamb]

The used car market has clearly fallen, EV’a have fallen sharply.

Anyone notice any shift in used California prices?

Personally haven’t noticed anything

I think the whole R.V. sector is still largely unaffected.

 

[soulstyledevon]

I think the whole R.V. sector is still largely unaffected.

I watched one of the YouTube dealers report on this earlier. New prices have peaked. Less buyers than 12months ago, but still limited stock availability for new sales which means not enough vans for those that want them.

More choice for used, but still shortages for sort after models, therefore prices remain strong across the sector.

 

[Velma's Dad]

My eyes see straight past it to the MK 1…

Mark 2 isn't too shabby either. Has to be be the 8v of course. (Excuse to post a piccie of mine)

 

[sidepod]

Mark 2 isn't too shabby either. Has to be be the 8v of course. (Excuse to post a piccie of mine)

View attachment 118373

PIAA? What’s wrong with a good ole set of Super Oscars?

 

[Velma's Dad]

PIAA? What’s wrong with a good ole set of Super Oscars?

Good question. In road rallying you're only allowed max of four forward-facing lamps (so headlamps plus one pair of aux). The PIAAs have twin elements that give you a driving lamp plus a fog. I usually end up with everything on. But yes Cibies would look more 'period'.

 

[reserves]

I think the whole R.V. sector is still largely unaffected.

Anyone have any thoughts on the market at the moment?

Loads of deals on the runout T6.1 Californias, plus decent finance deals.

Not sure how that’s affecting the used market.

 

[Jimmylondon07]

Only some anecdotal evidence but I agreed a p/ex value with Breeze in mid-April and when I collected my GC last month I asked what I’d get for the Ocean if we did the deal now, they said about £5k less than what they gave me. I tried to sell it privately between signing the GC paperwork and collecting it but didn’t get any takers, even at a similar price to what Breeze gave me in the end.

 

[2haw]

With the 0% finance deals available at the moment and additional discounts available on remaining new stock vehicles, 2nd hand prices for nearly new must be affected in the region of around 10k.

Once these vehicles are sold and the 0% offer ends, I think they will bounce back a fair bit.

Having recently picked up a new Ocean in May, I really regret not ordering a new high Spec Beach before factory orders ended. I made an enquiry about a stock Beach but the P/X price offered was very disappointing!

 

[larrylamb]

Anyone have any thoughts on the market at the moment?

I think the market has changed a lot since Spring. Oversupply of 6.1 models combined with people upgrading or selling up. Things are getting back to how they used to be pre covid. There are some v good buys atm and also a lot of overpriced Cali's in the private sales imo.
I haven't seen as much change with other models so is it a saturated Cali market? Probably.
Will the new Multivan Cali strengthen the residuals of existing Californias?

 

[Barry Chuckle]

Only some anecdotal evidence but I agreed a p/ex value with Breeze in mid-April and when I collected my GC last month I asked what I’d get for the Ocean if we did the deal now, they said about £5k less than what they gave me. I tried to sell it privately between signing the GC paperwork and collecting it but didn’t get any takers, even at a similar price to what Breeze gave me in the end.

Pretty much same story here, tried to sell my Cali privately absolutely no takers. Dealer sat on my van for about 5 months incrementally reducing the price. It was eventually sold for £2k less than what they bought if off me for (assuming they didn't discount the final price further)

Appreciate it's still the honeymoon period but how are you getting on with your GC? Going bigger was 100% definitely the right decision for me really enjoying the additional comfort and convenience of the Sven!